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8801 Reed Dr

Emerald Isle, NC 28594

2 bd 2 ba 990 sqft Built 1986 condos
Most recent sale
$575,000
Apr 25, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 25, 2024 Sold $575,000 NCRMLS
Feb 11, 2024 Price changed $595,000 NCRMLS
Oct 4, 2023 Listed $599,900 NCRMLS

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $554,164 $554,164 $1,926
2024 $554,164 $554,164 $1,607
2023 $298,860 $298,860 $1,819
2022 $298,860 $298,860 $1,769
2021 $298,860 $298,860 $1,729
2020 $298,860 $298,860 $1,719
2019 $297,000 $297,000 $935
2018 $297,000 $297,000 $935
2017 $297,000 $297,000 $935
2016 $297,000 $297,000 $935
2015 $297,000 $297,000 $906

Property facts

Year built
1986
Property type
condos
Stories
1
Beds
2
Baths
2
Living area
990 sqft
Lot size
ZIP code
28594
City
Emerald Isle
Street
Reed Dr
Coordinates
34.65756, -77.05091

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
$3,450
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 8801 Reed Dr last sell?
8801 Reed Dr most recently sold on Apr 25, 2024 for $575,000.
What is the current tax assessment for 8801 Reed Dr?
The most recent total assessment for 8801 Reed Dr (year 2025) is $554,164 with $1,926 in property tax.
How does 8801 Reed Dr's assessment compare to its last sale price?
The current assessment is 3.6% below the last sale price of $575,000.
When was 8801 Reed Dr built?
8801 Reed Dr was built in 1986.
How does 8801 Reed Dr compare to others on Reed Dr?
We track 8 other properties on Reed Dr. Browse the list under "Other properties on Reed Dr" to compare beds, baths, and sale history.
What are the property facts for 8801 Reed Dr?
8801 Reed Dr is a 2 bed, 2 bath, 990 sqft condos.
Is 8801 Reed Dr a flip candidate?
No — 8801 Reed Dr does not appear in our flips dataset.
Is 8801 Reed Dr a tax-appeal candidate?
No — 8801 Reed Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+6.2%
Implied 1-yr
+24.9%
2026 Q3
$1.19M
2026 Q4
$1.24M
ZIP 28594 — Median Price History + Forecast

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