$340,000
SOLD JAN 31, 2025

778 Cannonsgate Dr Newport, NC 28570

0.12 Acre
$2,833,333 Price per Acre
5,227 Sq Ft Lot

Recently Sold

3% Below List Price

97 Days on Market

Highlights

  • Waterfront Community
  • Marina View
  • Gated Community
  • White Oak Elementary School Rated A-
  • Water Access
  • Clubhouse

About This Lot

As of January 2025

Marina Facing Lot with views of the ICW. This Cleared Lot is in the gated community of Cannonsgate. Cannonsgate amenities include a boat ramp, kayak launch, community pier, fish cleaning station, clubhouse, trails, tennis, pool, playground, and golf cart friendly.

Last Agent to Sell the Property

Kimberly Gay

MALONE REALTY License #316927 Listed on: 10/10/2024

Last Buyer's Agent

Joy Godwin

Keller Williams Crystal Coast License #308744

Keller Williams Crystal Coast

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $514

Lot Details

  • 5,227 Sq Ft Lot
  • Property fronts a private road
  • Property fronts an easement
  • Cleared Lot
  • Property is zoned RRCU

HOA Fees

  • $160 Monthly HOA Fees

Property Views

  • Marina Views

Schools

  • Bogue Sound Elementary School
  • Broad Creek Middle School
  • Croatan High School

Listing and Financial Details

  • Tax Lot 270
  • Assessor Parcel Number 630504639548000

Community Details

Overview

  • Cams Association, Phone Number (877) 672-2267
  • Cannonsgate Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Waterfront Community
  • Tennis Courts
  • Community Playground
  • Water Access
  • Property is near a marina

Security

  • Security Service
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$514

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Cobra Zone: No
  • Deed Page: 462.00
  • Directions To Property: Hwy 24 to Cannonsgate. Follow Cannonsgate Drive to the Marina front.
  • Document Count: 6
  • Elementary School: Bogue Sound
  • Fencing: None
  • Fuel Tank: None
  • High School: Croatan
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Clubhouse, Playground, Tennis Court(s), Street Lights, Security, Gated
  • Listing I D: 100470491
  • Location Type: Mainland
  • Lot Description: Subdivision
  • Lot Number: 270
  • Lot Sq Ft: 5227.00
  • Lot Water Features: Water Access Comm, Waterfront Comm
  • Marketing City: Newport
  • Middle School: Broad Creek
  • M L S Approved: Y
  • Road Type Frontage: Easement, Paved, Private, Maintained
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: Carteret-Craven Electric Cooperative
  • Service Providers Sewer Provider: Aqua Sewer
  • Service Providers Water Provider: West Carteret Water Corp
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: None
  • Subdivision: Cannonsgate
  • Tax Identifier: 630504639548000
  • Tax Year: 2023
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 514.36
  • Waterview: Yes
  • Zoning: RRCU
  • Acres: 0.12
  • Buildigson Property: None
  • Current Use: Vacant
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • List Priceper Acre: 2916666.67
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared
  • Lot Number2: 270
  • Road Frontage Type: Marina Front
  • Horses Y N: No
  • Lot View Type: Marina View
  • H O A Association Fee1 Year: 1915.08
  • H O A Association Name: CAMS
  • H O A Association Phone: 8776722267
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: No

Utilities

  • Utilities: Municipal Sewer Available, Natural Gas Available, Municipal Water Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2024
Closed on
Jan 22, 2025
Sold by
Woodruff Richard Lloyd and Woodruff Gwendolyn
Bought by
Cook Raymond R and Cook Jamie W
Seller's Agent
Kimberly Gay
MALONE REALTY
Buyer's Agent
Joy Godwin
Keller Williams Crystal Coast
List Price
$350,000
Sold Price
$340,000
Premium/Discount to List
-$10,000
-2.86%
Views
20
Current Estimated Value
$357,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,575
Avg. Annual Appreciation
5.57%

Purchase Details

Listed on
Mar 3, 2016
Closed on
Aug 20, 2016
Sold by
Zarick John Paul and Zarick Diane Marie
Bought by
Woodruff Richard Lloyd and Woodruff Gwendolyn
Seller's Agent
Kelinda & Linda Rike
Linda Rike Real Estate
Buyer's Agent
Richard Farrington
Sun-Surf Realty
List Price
$124,900
Sold Price
$106,000
Premium/Discount to List
-$18,900
-15.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.81%
Original Mortgage
$79,500
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Listed on
Oct 18, 2012
Closed on
Jan 31, 2013
Sold by
Branch Banking & Trust Company
Bought by
Zarick John Paul and Zarick Diane Marie
Seller's Agent
Mary Woodard
Sound and Surf Realty
Buyer's Agent
Thomas Stephenson
Century 21 Coastal Advantage
List Price
$79,000
Sold Price
$79,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.69%

Purchase Details

Closed on
Aug 8, 2012
Sold by
Hww Land Company Llc
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Jan 31, 2011
Sold by
Hww Land Company Llc
Bought by
Cannonsgate At Bouge Sound Homeowners As
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 Type Sale Price Title Company
Warranty Deed $340,000 None Listed On Document
Warranty Deed $106,000 Attorney
Special Warranty Deed $79,000 None Available
Trustee Deed $74,400 None Available
Trustee Deed $6,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $79,500 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2025 01/31/25 Sold $340,000 -2.9% --
01/15/2025 01/15/25 Pending -- -- --
10/10/2024 10/10/24 For Sale $350,000 +230.2% --
08/24/2016 08/24/16 Sold $106,000 -15.1% -- View Prior Sale
07/21/2016 07/21/16 Pending -- -- --
03/03/2016 03/03/16 For Sale $124,900 +58.1% --
02/13/2013 02/13/13 Sold $79,000 0.0% -- View Prior Sale
01/09/2013 01/09/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $79,000 -- --
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 $616 $202,020 $202,020 $0
2024 $514 $116,900 $116,900 $0
2023 $479 $116,900 $116,900 $0
2022 $503 $116,900 $116,900 $0
2021 $0 $116,900 $116,900 $0
2020 $479 $116,900 $116,900 $0
2019 $337 $86,506 $86,506 $0
2017 $337 $86,506 $86,506 $0
2016 $337 $86,506 $86,506 $0
2015 $311 $86,506 $86,506 $0
2014 -- $77,700 $77,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100470491

Hive MLS

APN: 6305.04.63.9548000