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8801 Reed Dr

Emerald Isle, NC 28594

2 bd 2 ba 990 sqft Built 1986 condos
Most recent sale
$405,000
Dec 6, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 6, 2021 Sold $405,000 MLS #100287676
Sep 10, 2021 Price changed $405,000 MLS #100287676
Aug 26, 2021 Listed $420,000 MLS #100287676

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $485,608 $485,608 $2,035
2024 $485,608 $485,608 $2,149
2023 $346,800 $346,800 $2,061
2022 $346,800 $346,800 $2,006
2021 $346,800 $346,800 $1,961
2020 $346,800 $346,800 $1,952
2019 $324,000 $324,000 $1,019
2018 $324,000 $324,000 $1,019
2017 $324,000 $324,000 $1,019
2016 $324,000 $324,000 $1,019
2015 $324,000 $324,000 $987

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
34.65744, -77.05109

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
$1,337
Gross rental yield
3.96%
Implied cap rate
2.57%
Trend-extrapolated value

Frequently asked questions

When did 8801 Reed Dr last sell?
8801 Reed Dr most recently sold on Dec 6, 2021 for $405,000.
What is the current tax assessment for 8801 Reed Dr?
The most recent total assessment for 8801 Reed Dr (year 2025) is $485,608 with $2,035 in property tax.
How does 8801 Reed Dr's assessment compare to its last sale price?
The current assessment is 19.9% above the last sale price of $405,000.
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?
Yes — 8801 Reed Dr 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
+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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