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508 Water St

Belhaven, NC 27810

4 bd 5 ba 3,255 sqft Built 2000 Lot 12,197 sqft single_family
Most recent sale
$590,000
Mar 25, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 25, 2022 Sold $590,000 MLS #100303514
Dec 6, 2021 Listed $639,000 MLS #100303514
Dec 11, 2019 Sold $438,000 MLS #100154338
Oct 23, 2019 Price changed $469,900 MLS #100154338
Apr 19, 2019 Price changed $489,900 MLS #100154338
Mar 11, 2019 Listed $519,000 MLS #100154338
Aug 30, 2018 Price changed $574,900 MLS #100111762
May 18, 2018 Price changed $619,900 MLS #100111762
Apr 19, 2018 Listed $675,000 MLS #100111762

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $697,927 $151,200 $849,127 $5,598
2024 $697,927 $151,200 $849,127 $5,216
2023 $296,253 $117,599 $413,852 $5,208
2022 $278,913 $117,599 $396,512 $4,992
2020 $278,913 $117,599 $396,512 $5,022
2019 $278,913 $117,599 $396,512 $5,012
2017 $303,368 $117,600 $420,968 $4,649
2016 $286,515 $117,600 $404,115 $4,469
2015 $286,515 $117,600 $404,115 $4,333
2014 $286,515 $117,600 $404,115 $4,172

Property facts

Year built
2000
Property type
single_family
Stories
2
Beds
4
Baths
5
Living area
3,255 sqft
Lot size
12,197 sqft
ZIP code
27810
City
Belhaven
Street
Water St
Coordinates
35.53491, -76.61956

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,394
Gross rental yield
8.94%
Implied cap rate
5.81%
Trend-extrapolated value

Frequently asked questions

When did 508 Water St last sell?
508 Water St most recently sold on Mar 25, 2022 for $590,000.
What is the current tax assessment for 508 Water St?
The most recent total assessment for 508 Water St (year 2025) is $849,127 with $5,598 in property tax.
How does 508 Water St's assessment compare to its last sale price?
The current assessment is 43.9% above the last sale price of $590,000.
When was 508 Water St built?
508 Water St was built in 2000.
How does 508 Water St compare to others on Water St?
We track 8 other properties on Water St. Browse the list under "Other properties on Water St" to compare beds, baths, and sale history.
What are the property facts for 508 Water St?
508 Water St is a 4 bed, 5 bath, 3,255 sqft, 12,197 sqft lot single_family.
Is 508 Water St a flip candidate?
No — 508 Water St does not appear in our flips dataset.
Is 508 Water St a tax-appeal candidate?
Yes — 508 Water St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.5%
Implied 1-yr
+13.8%
2026 Q3
$422.3K
2026 Q4
$422.3K
ZIP 27810 — Median Price History + Forecast

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