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8801 Reed Dr

Emerald Isle, NC 28594

1 bd 1 ba 800 sqft Built 1986 condos
Most recent sale
$318,500
Apr 21, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 29, 2025 Sold $319,000 HiveMLS
Apr 21, 2022 Sold $318,500 MLS #100314696
Mar 2, 2022 Listed $336,000 MLS #100314696

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $409,650 $409,650 $1,784
2024 $409,650 $409,650 $1,371
2023 $192,780 $192,780 $1,283
2022 $192,780 $192,780 $1,244
2021 $192,780 $192,780 $1,214
2020 $192,780 $192,780 $1,204
2019 $180,000 $180,000 $573
2018 $180,000 $180,000 $573
2017 $180,000 $180,000 $573
2016 $180,000 $180,000 $573
2015 $180,000 $180,000 $555

Property facts

Year built
1986
Property type
condos
Stories
6
Beds
1
Baths
1
Living area
800 sqft
Lot size
ZIP code
28594
City
Emerald Isle
Street
Reed Dr
Coordinates
34.65768, -77.05102

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
$1,080
Gross rental yield
4.07%
Implied cap rate
2.64%
Trend-extrapolated value

Frequently asked questions

When did 8801 Reed Dr last sell?
8801 Reed Dr most recently sold on Apr 21, 2022 for $318,500.
What is the current tax assessment for 8801 Reed Dr?
The most recent total assessment for 8801 Reed Dr (year 2025) is $409,650 with $1,784 in property tax.
How does 8801 Reed Dr's assessment compare to its last sale price?
The current assessment is 28.6% above the last sale price of $318,500.
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 1 bed, 1 bath, 800 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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