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420 87 Riversound Drive

Edenton, NC 27932 · Chowan County

755 days on market
$21,000
Was $25,000
$21,000Chowan County (Rural)Under $100KUnder $375KActive
21000
Price Reduced
1.06 Acres
1.06 Acre LotJohn A. Holmes High District

About This Property

Discover the perfect blend of privacy, serenity, and convenience with this exceptional 1.06 acre-lot located in the gorgeous, gated community of Riversound. This spacious lot offers the ideal setting for building your dream home, surrounded by natural beauty and community amenities - common areas, parks, boat ramps, and gazebos for relaxing. Nestled in a tranquil environment with stunning scenery, this property is perfect for those seeking a quiet retreat. Don't miss your chance to build your future in this beautiful setting! Call today!

Price History & Market Timeline

Original List Price$25,000
Current List Price (Price Reduced)$21,000Reduced by $4,000

Property Details

SubdivisionRiversound
TypeResidential Lot
Lot Size1.060 acres
HOA Dues$800 / annually
WaterfrontNo
Parcel784500395279

Location & Neighborhood Intelligence

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Distance to Key Places (straight-line)

Coastal & Environmental Information

Properties in northeastern North Carolina near coastal waters may be subject to Coastal Area Management Act (CAMA) regulations, municipal historic district overlays, or specific flood zone designations. Buyers are advised to independently verify setback rules, elevation certificates, and flood insurance requirements with licensed surveyors, engineers, and insurance professionals.

Schools

ElementaryCharter School
MiddleChowan Middle
High SchoolJohn A. Holmes High

Tax & Assessment

Assessed Value$33,327
Hyper-Local Buyer Tool

Edenton True Cost of Ownership Calculator

Calculate your actual monthly carrying cost — including Chowan County taxes, Town municipal rates, your own flood insurance quote, and historic district reserves.

$21,000
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Local Tax & Municipal Variables
Chowan County TaxChowan County charges $0.72 per $100 of assessed value for fiscal year 2026-2027. Tax rate updated: August 3, 2026. Verify with the local tax office.
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Applies additional $0.4800 / $100 municipal tax. Switch off for county-only parcels outside town.
Adds $150/mo reserve for custom wood, slate/metal roof & COA maintenance
Properties near the Albemarle Sound or Queen Anne Creek fall into CAMA-regulated flood zones. Your zone determines whether flood insurance is required — we don't quote rates, so enter your own insurer's quote below.

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Finance repair scope directly into mortgage via FHA 203(k) or Fannie Mae HomeStyle loan.

Estimated Monthly True Cost
$0
Includes P&I, taxes, insurance & local reserves
  • Principal & Interest$0
  • Chowan County Property Tax ($0.72)$0
  • Town of Edenton Municipal Tax ($0.4800)$0
  • Hazard / Homeowners Insurance (Est.)$0
  • Flood Insurance (Your Quote)$0
  • Historic Overlay COA Reserve$0
  • PMI / Mortgage Insurance$0
Total Loan Amount$0
Down Payment$0
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MLS# 100468959 · HIVE MLS via SourceRE · Last updated: September 2, 2026 at 2:03 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.