NOT LISTED FOR SALE

723 McMullan Ave Unit 503 Edenton, NC 27932

Estimated Value: $497,000 - $561,000

3 Beds
3.5 Baths
2,546 Sq Ft
$515/mo HOA Fee

Last Sold June 06, 2022

Last sale price $475,000 $187 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,544/month

8 Days on Market

Highlights

  • Pier
  • Home fronts a creek
  • Vaulted Ceiling
  • In Ground Pool
  • Gated Community
  • Wood Flooring

About This Home

As of June 2022

Located just steps from the Albemarle Sound and downtown, Condo 503 is one the largest and most architecturally interesting in the historic Cotton Mill. Light flows from the '5 x 12' windows and the clerestory above into the 17' ceilings in the living areas with exposed beams, brick walls, and hardwood floors. The floor plan is open, and upstairs is a large bonus area loft, a 2nd master suite, 3rd BR & BA. Recent improvements include new HVAC, wall oven, washer, and dryer. A deeded parking space and storage unit convey. Enjoy the pool, fishing and kayaking on the creek and walking downtown!, Neighborhood - Historic District

Last Agent to Sell the Property

Ann Perry

Perry & Co Sotheby's International Realty License #180053 Listed on: 03/20/2022

Last Buyer's Agent

Ann Perry

Perry & Co Sotheby's International Realty License #180053 Listed on: 03/20/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,238

Year Built

  • Built in 2007

HOA Fees

  • $515 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,546 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Crawl Space
  • Home Security System

Kitchen

  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • In Ground Pool
  • Pier
  • Gazebo

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Electric Water Heater

Additional Features

  • Energy-Efficient HVAC
  • Home fronts a creek

Community Details

Overview

  • Edenton Cotton Mill Condominiums Subdivision

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,238

Year Built

Built in 2007

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Year Built: 2007
  • Road Frontage Type: Creek Front
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Attic: None
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Ceiling - Vaulted, Walk-In Closet, Solid Surface, Smoke Detectors, Security System, Ceiling Fan(s)
  • List Price per Sq Ft: 176.36
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Sq Ft Heated: 2546.00
  • Total Heated Primary Separate Sq Ft: 2546.00

Exterior Features

  • Exterior Finish: Brick
  • Exterior Structures: Gazebo
  • Foundation: Crawl Space
  • On Site Pool Spa: In Ground
  • Roof: See Remarks
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Parking Driveway: Asphalt, Concrete

Utilities

  • Appliances Equipment: Cooktop - Gas, Dishwasher, Washer, Refrigerator, Microwave - Built-In, Dryer, Disposal
  • Cooling System: Central, Zoned
  • Heating System: Forced Air, Gas Pack
  • Service Providers Electric Provider: Dominion NC Power
  • Utilities: Municipal Sewer, Underground, Natural Gas Connected, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, Natural Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Gated, Management
  • HOAAssociationFee1Year: 6180.00

Lot Info

  • Deed Page: 677.00
  • Lot Water Features: Pier

Tax Info

  • Tax Year: 2021
  • Total Real Estate Property Taxes: 4238.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2022
Closed on
May 20, 2022
Sold by
Leech Leslie W and Leech Quida M
Bought by
Quinn Robert Henry
Seller's Agent
Ann Perry
Perry & Co Sotheby's International Realty
Buyer's Agent
Ann Perry
Perry & Co Sotheby's International Realty
Sold Price
$475,000
Current Estimated Value
$519,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,848
Avg. Annual Appreciation
2.60%

Purchase Details

Closed on
Jun 4, 2007
Bought by
Lawson D Scott
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Quinn Robert Henry $475,000 Attorney Only
Lawson D Scott $420,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2022 07/25/22 Off Market $475,000 -- --
06/06/2022 06/06/22 Sold $475,000 +14.5% $187 / Sq Ft
10/27/2021 10/27/21 Off Market $415,000 -- --
08/31/2021 08/31/21 Sold $415,000 -- $163 / Sq Ft View Prior Sale
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,637 $316,283 $0 $316,283
2024 $3,558 $316,283 $0 $316,283
2023 $3,558 $316,283 $0 $316,283
2022 $3,463 $316,283 $0 $316,283
2021 $4,050 $344,650 $0 $344,650
2020 $3,981 $344,650 $0 $344,650
2019 $3,981 $344,650 $0 $344,650
2018 $3,946 $344,650 $0 $344,650
2016 $3,877 $344,650 $0 $344,650
2015 $3,826 $344,650 $0 $344,650
2014 $3,688 $344,650 $0 $344,650
Source: Public Records

Agents Affiliated with this Home

  • Ann Perry

    Seller's Agent in 2022

    Ann Perry

    Perry & Co Sotheby's International Realty

    (252) 482-4785

    59 in this area

    77 Total Sales

    Ann Perry
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Map

Source: Hive MLS

MLS Number: 8107271

Hive MLS

APN: 7804-C3-87-8985

North Carolina Chowan County Edenton 27932

723 McMullan Ave Unit 503, Edenton, NC

Not Listed for Sale

Condos

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