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723 Mcmullan Avenue Unit 403

Edenton, NC 27932 · Chowan County

790 days on market
$419,000
Was $460,000
$419,000Edenton (Town Limits)$250K – $500KHistoricActive
419000
Price Reduced
2 Bedrooms
2 Bathrooms
2,157 Sq.Ft.
Built in 1899
Historic Built 1899John A. Holmes High District

About This Property

This fabulous condominium is in the acclaimed renovation of the historic Edenton Cotton Mill, downtown Edenton's only condos. Impressive and thoughtful customization paired with soaring 17'+ ceilings, exposed beams, original hardwood floors, interior brick walls, and impressive 5'x12' double paned windows create a spectacular space sure to impress the most discriminating buyer. This unit features its own exterior door, private patio and reserved parking space steps away - one of only a few in the development - making coming and going super convenient! A large great room is open to the kitchen, and one bedroom is on the first floor. The staircase leads to a large open loft overlooking the living area, ideal for use as a den, office, or occasional overflow guest space. A bedroom, bathroom, and huge, enviable walk-in closet are upstairs. This condo is situated in the center of the Mill, and also has interior access to the building's hallway and common entry courts. It's just a short walk from the swimming pool and the private pier on serene Queen Anne's Creek. The creek is perfect for kayaks, canoes and observing Mother Nature's beauty. This condo is certainly one of the Edenton Cotton Mill's most convenient!

Price History & Market Timeline

Original List Price$460,000
Current List Price (Price Reduced)$419,000Reduced by $41,000

Property Details

SubdivisionEdenton Cotton Mill Condominiums
TypeCondominium
Living Area2,157 sq ft
Full Baths2
Price / sq ft$194
HOA Dues$7,291.84 / annually
Year Built1899
Stories2
Total Rooms5
WaterfrontNo
Parcel7804c3889004

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

FlooringTile, Wood
HeatingForced Air, Natural Gas
CoolingCentral Air, Zoned
RoofMembrane
ConstructionBrick, Brick/Stone, Wood Frame
AppliancesGas Oven, Refrigerator, Dishwasher
ParkingParking Lot, Assigned, On Site

Interior Features

High CeilingsBlinds/Shades

Schools

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

Tax & Assessment

Assessed Value$225,207
Annual Tax$2,590 (2025)
Monthly Tax Est.$216/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.

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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 $0.4300 / $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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Includes P&I, taxes, insurance & local reserves
  • Principal & Interest$0
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  • 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
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MLS# 100450729 · HIVE MLS via SourceRE · Last updated: August 19, 2026 at 10:57 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.