NOT LISTED FOR SALE

779 Cannonsgate Dr Newport, NC 28570

Estimated Value: $854,000 - $1,013,000

0.16 Acre
$5,792,738 Price per Acre
6,970 Sq Ft Lot

Last Sold July 26, 2016

Last sale price $25,000

Est. 3,607% increase in value since last sale

Current estimated payment $4,914/month

13 Days on Market

Highlights

  • Marina
  • Boat Ramp
  • Gated Community
  • White Oak Elementary School Rated A-
  • Fitness Center
  • Clubhouse

About This Lot

As of July 2016

Beautiful Building lot in Cannonsgate Subdivision. Located within a half hour commute to Jacksonville, Morehead City and New Bern. The parcel is located in the gated community that borders the Intracoastal Waterway. Exclusive private community with the amenities of a resort! Neighborhood amenities include pool, tennis, Boat ramp and daydock, and an exclusive clubhouse. This parcel has been cleared and is ready to build on. Bank of America, N.A. employees and employees' household members and HTS business partners of the Bank, are prohibited from purchasing this property, whether directly or indirectly. The buyer and agent must register and submit offers). Contact agent for info. Auction results may take up to 7 calendar days after auction closes. $2000 Buyer Premium paid at closing.

Last Agent to Sell the Property

Todd Daugherty

RE/MAX Home Connections License #132902 Listed on: 05/17/2016

Last Buyer's Agent

Sally Seller

Non Member Office

Property Details

Property Type

  • Land

Lot Details

  • 6,970 Sq Ft Lot

HOA Fees

  • $122 Monthly HOA Fees

Schools

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

Listing and Financial Details

  • Assessor Parcel Number 6305.04.73.5532000

Community Details

Overview

  • Cannonsgate Subdivision
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Marina
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Gated Community

Property Details

Property Type

Land

Lot Details

6,970 Sq Ft Lot

HOA Fees

$122 per month

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Residential Land
  • Original List Price: 29900.00
  • Other Structures: None
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Open For Inspection Date: 2016-05-17
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 186875.00
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Fencing: None
  • Road Frontage Type: Paved
  • Road Surface Type: Paved
  • Waterfront?: No

Utilities

  • Utilities: Water Tap Available

Condo/Co-op/Association

  • Association Amenities: Boat Dock, Clubhouse, Fitness Center, Gated, Maintenance Common Areas, Maintenance Grounds, Management, Marina, Ramp, Tennis Court(s), Pool
  • Association Fees: 1460.00
  • Has H O A?: Yes
  • Association Management Company Phone: 910-256-2021
  • Association Management Company: CAMS

Schools

  • Elementary School: Bogue Sound
  • High School: Croatan
  • Middle Or Junior School: Broad Creek

Lot Info

  • Deed Book: 1530
  • Deed Page: 198.00
  • Zoning: Residential
  • Current Use: Residential
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared,Level
  • Lot Features: None
  • Lot Size Acres: 0.16
  • Lot Size Sq Ft: 6970.00
  • Purchase Contract Date: 2016-05-25
  • Parcel#: 6305.04.73.5532000
  • Cobra Zone Y N: No
  • Deed Restriction Y N: No
  • Flood Zone Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2016
  • Tax Block: 780
  • Tax Book Number: 30
  • Tax Map Number: 630504735532000
  • Tax Other Assessment Amount Frequency: none known

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Jun 29, 2016
Sold by
Bank Of America Na
Bought by
Underwood Bruce E
Seller's Agent
Todd Daugherty
RE/MAX Home Connections
Buyer's Agent
Sally Seller
Non Member Office
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%
Current Estimated Value
$926,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$901,838
Avg. Annual Appreciation
45.64%

Purchase Details

Closed on
Jan 6, 2016
Sold by
Owens Floyd and Owens Barbara
Bought by
Bank Of America Na

Purchase Details

Closed on
Jun 20, 2006
Sold by
Total Realty Management Llc
Bought by
Owens Floyd and Owens Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
7.12%
Mortgage Type
Unknown

Purchase Details

Closed on
May 2, 2006
Sold by
Total Realty Management Llc
Bought by
Brogan Darryl S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
7.12%
Mortgage Type
Unknown
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
Underwood Bruce E $25,000 Liberty Title & Escrow
Bank Of America Na $25,200 Attorney
Owens Floyd $415,000 None Available
Total Realty Management $225,000 None Available
Brogan Darryl S $330,000 None Available
Total Realty Management $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owens Floyd $373,500
Previous Owner Brogan Darryl S $225,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2016 07/26/16 Sold $25,000 -16.4% --
05/25/2016 05/25/16 Pending -- -- --
05/12/2016 05/12/16 For Sale $29,900 -- --
Source: Hive MLS

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 $1,853 $607,704 $36,332 $571,372
2024 $92 $20,860 $20,860 $0
2023 $92 $20,860 $20,860 $0
2022 $90 $20,860 $20,860 $0
2021 $86 $20,860 $20,860 $0
2020 $86 $20,860 $20,860 $0
2019 $81 $20,860 $20,860 $0
2017 $81 $20,860 $20,860 $0
2016 $81 $20,860 $20,860 $0
2015 $75 $20,860 $20,860 $0
2014 -- $29,146 $29,146 $0
Source: Public Records

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Map

Source: Hive MLS

MLS Number: 100012831

Hive MLS

APN: 6305.04.73.5532000

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