NOT LISTED FOR SALE

723 McMullan Ave Unit 504 Edenton, NC 27932

Estimated Value: $421,000 - $531,000

3 Beds
3.5 Baths
1,970 Sq Ft
$466/mo HOA Fee

Last Sold July 24, 2024

Last sale price $475,000 $241 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,158/month

2 Days on Market

Highlights

  • Boat Dock
  • Vaulted Ceiling
  • Main Floor Primary Bedroom
  • Pool House
  • Wood Flooring
  • Solid Surface Countertops

About This Home

As of July 2024

Located in the historic district, just steps from the Albemarle Sound, the Edenton Cotton Mill has been renovated into sophisticated condominiums featuring 17'ceilings with exposed beams, original hardwood floors, interior brick walls, and impressive 5'x12' double paned windows. Completed in 2007, Condo 504 is one of the first original units to undergo a major renovation including new kitchen and appliances, bathrooms, window blinds, custom shutters, additional hardwood floors, and cabinetry. Its location in the mill is prime with a high elevation and six windows overlooking the historic ballfield which is now an open green space. Amenities of the mill include a pool with pool house and a day dock with water access to Queen Anne Creek that is great for kayaking and fishing. Residents enjoy the short stroll through the village and along Edenton Bay to downtown. This Cotton Mill Village has been named one of the top 10 cottage neighborhoods nationwide by Cottage Living Magazine.

Last Agent to Sell the Property

Ann Perry

Perry & Co Sotheby's International Realty License #180053 Listed on: 07/05/2024

Last Buyer's Agent

Ann Perry

Perry & Co Sotheby's International Realty License #180053 Listed on: 07/05/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1899

HOA Fees

  • $466 Monthly HOA Fees

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Membrane Roofing
  • Stick Built Home

Interior Spaces

  • 1,970 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Double Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Pest Guard System
  • Termite Clearance

Parking

  • Driveway
  • Paved Parking
  • Additional Parking
  • On-Site Parking
  • Parking Lot
  • Golf Cart Parking
  • Assigned Parking

Pool

  • Pool House
  • In Ground Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Co-Op Water
  • Electric Water Heater
  • Municipal Trash

Listing and Financial Details

  • Assessor Parcel Number 7804c4878985

Community Details

Overview

  • Master Insurance
  • Edenton Cotton Mill Condominium And Project HOA, Phone Number (252) 333-0745
  • Edenton Cotton Mill Condominiums Subdivision
  • Maintained Community

Amenities

  • Elevator

Recreation

  • Boat Dock
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,835

Year Built

Built in 1899

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Condominium
  • Cobra Zone: No
  • Construction: Brick/Stone
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1899
  • Trash Collection: City Pick-UP
  • PetsAllowedPetsAllowed: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling - Vaulted, Ceiling Fan(s), Pantry, Security System, Smoke Detectors, Solid Surface, Walk-in Shower, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 241.12
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4.00
  • Bedrooms: 3
  • Sq Ft Heated: 1970.00
  • Total Heated Primary Separate Sq Ft: 1970.00

Exterior Features

  • Exterior Finish: Brick
  • Exterior Structures: Pool House
  • Fencing: None
  • Foundation: Brick/Mortar, Crawl Space
  • On Site Pool Spa: In Ground
  • Porch Balcony Deck: None
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Membrane
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking: Golf Cart Parking
  • Parking Driveway: Additional Parking, Assigned, On Site, Parking Lot, Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Dishwasher, Double Oven, Dryer, Microwave - Built-In, Refrigerator, Washer
  • Cooling System: Central, Zoned
  • Fuel Tank: None
  • Heating System: Forced Air, Zoned
  • Service Providers Electric Provider: Dominion Electric
  • Service Providers Water Provider: Town of Edenton
  • Utilities: Municipal Sewer, Municipal Water, Natural Gas Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: Yes
  • HOA and Neighborhood Amenities: Boat Dock, Community Pool, Elevator(s), Maint - Comm Areas, Maint - Grounds, Maintenance Structure, Master Insure, Pest Control, Security, Termite Bond, Trash, Water
  • HOAAssociationFee1Year: 5596.00
  • HOAAssociationName: Edenton Cotton Mill Condominium and Project HOA
  • HOAAssociationPhone: 2523330745

Lot Info

  • Deed Page: 50.00
  • Zoning: R5

Tax Info

  • Tax Identifier: 7804c4878985
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2834.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Jul 16, 2024
Sold by
Joan Weeks Amesbury Revocable Trust and Zoppo Kathryn Rose
Bought by
Wood Annette F
Seller's Agent
Ann Perry
Perry & Co Sotheby's International Realty
Buyer's Agent
Ann Perry
Perry & Co Sotheby's International Realty
List Price
$475,000
Sold Price
$475,000
Views
4
Current Estimated Value
$465,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,449
Avg. Annual Appreciation
-1.46%

Purchase Details

Closed on
Jul 20, 2007
Bought by
Wargo Deborah A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wood Annette F $475,000 None Listed On Document
Wargo Deborah A $405,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2024 07/24/24 Sold $475,000 0.0% $241 / Sq Ft
07/07/2024 07/07/24 Pending -- -- --
07/05/2024 07/05/24 For Sale $475,000 +48.4% $241 / Sq Ft
01/04/2021 01/04/21 Off Market $320,000 -- --
11/19/2020 11/19/20 Sold $320,000 -- $162 / 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 -- $258,890 $0 $258,890
2024 $2,913 $258,890 $0 $258,890
2023 $2,835 $258,890 $0 $258,890
2022 $2,835 $258,890 $0 $258,890
2021 $3,241 $275,810 $0 $275,810
2020 $3,186 $275,810 $0 $275,810
2019 $3,186 $275,810 $0 $275,810
2018 $3,158 $275,810 $0 $275,810
2016 $3,103 $275,810 $0 $275,810
2015 $3,061 $275,810 $0 $275,810
2014 $2,951 $275,810 $0 $275,810
Source: Public Records

Agents Affiliated with this Home

  • Ann Perry

    Seller's Agent in 2024

    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: 100454507

Hive MLS

APN: 7804-C4-87-8985

North Carolina Chowan County Edenton 27932

723 McMullan Ave Unit 504, Edenton, NC

Not Listed for Sale

Condos

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