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700 Dr Martin Luther King Jr Ave, Edenton, NC, 27932

2beds
1baths
1,003sqft
$124,900
$125price/sqft
$945/moest. monthly cost
$37,800/yrincome needed

About This Home

Great investment property or starter home! This cozy 2 Bedroom/1 Bath home has vinyl siding and a metal roof and is conveniently located on a corner lot at the edge oftown in Edenton, NC. Eat in kitchen, living room with bay window and laundry area. Detached garage.

Getting Around

13
WalkingCar-Dependent
0
TransitVery Limited Transit
57
BikeBikeable

Schools

--
White Oak ElementaryGrades PK-27.0 mi
4/10
Chowan MiddleGrades 6-811.7 mi
3/10
John A Holmes HighGrades 9-120.9 mi

Construction

Condition

  • Year built: 1910

Materials

  • Foundation: Piers
  • Roof: Metal

Type & Style

  • Home type: SingleFamily

Interior

Appliances

  • Appliances included: Dryer,Microwave,Range / Oven,Refrigerator,Washer

Basement

  • Basement: None

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Flooring: Carpet,Hardwood,Linoleum / Vinyl

Heating & Cooling

  • Heating features: None,Baseboard
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,003 sqft

Property

Details

  • Parcel number: 780518311356

Features

  • Exterior features: Other,Vinyl
  • Has view: Yes
  • View description: Park,City

Lot

  • Lot size: 5,227 sqft

Parking

  • Parking features: Garage - Detached

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hurricane
    HurricaneVery High
  • Winter Weather
    Winter WeatherVery High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Tornado
    TornadoModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Winter Weather
Heat Wave
Lightning
Strong Wind
Coastal Flooding
Cold Wave
Inland Flooding
Tornado
Tsunami

FEMA Declared Disasters in Chowan County and North Carolina

Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $631$7,572
Home Insurance *$49$588
Property Taxes $65$780
Electricity $200$2,405
Total$945$11,340
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$32,400/yr
40% on housing$28,350/yr
45% on housing$25,200/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.2%
8.2%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 15.9%
15.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$125This listing

vs Other Active Listings

Avg $/sqft

ZIP 27932$187
Chowan County$190

vs Homes Sold Last Month

Median $/sqft

ZIP 27932
Chowan County$183

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-10Listed for sale$139,900
2022-11-14Sold$22,575
2014-10-22Sold$13,000

For Sale by Owner

AgentProperty Owner

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