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516 N Oakum Street

Edenton, NC 27932 · Chowan County

Sold September 21, 2026
$55,000
Listed at $69,000
$55,000Edenton (Town Limits)Under $100KUnder $375KClosed
55000
Price Reduced
2 Bedrooms
1 Bathroom
921 Sq.Ft.
0.07 Acres
Built in 1965
John A. Holmes High District

About This Property

Cottage in Edenton with great potential ! Renovate it as an investment property or make it a cute home. It sits across from a small public parking lot, the high school ball field and walking distance to town. Offering two bedrooms and one bath with a kitchen on the back. Take a look today.

Price History & Market Timeline

Original List Price$75,000
Current List Price (Price Reduced)$55,000Reduced by $20,000

Property Details

SubdivisionNone
TypeSingle Family Residence
Living Area921 sq ft
Full Baths1
Lot Size0.070 acres
Year Built1965
Total Rooms5
WaterfrontNo
Parcel780520814056

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.

Interior & Exterior

FlooringWood
HeatingOther, Electric
CoolingMulti Units
RoofComposition
ConstructionVinyl Siding, Wood Frame
StyleHistoric District
AppliancesElectric Oven, Refrigerator
ParkingConcrete, Paved

Interior Features

Master Downstairs

Schools

ElementaryWhite Oak/D F Walker
MiddleChowan Middle School
High SchoolJohn A. Holmes High

Tax & Assessment

Assessed Value$56,944
Annual Tax$655 (2025)
Monthly Tax Est.$55/mo
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.

$69,000
5%

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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.
Active
Applies additional $0.4300 / $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 ($0.4300)$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
Review True Cost Breakdown with Travis

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MLS# 100586150 · HIVE MLS via SourceRE · Last updated: September 22, 2026 at 2:01 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.