NOT LISTED FOR SALE

111 Fairmount Way New Bern, NC 28562

Estimated Value: $248,000 - $258,000

3 Beds
2 Baths
1,367 Sq Ft
$186/Sq Ft Est. Value

Last Sold March 25, 2022

Last sale price $195,000 $143 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,465/month

101 Days on Market

Highlights

  • Pond View
  • Covered Patio or Porch
  • Resident Manager or Management On Site
  • Vaulted Ceiling
  • Walk-In Closet
  • Laundry closet

About This Home

As of March 2022

Buyer financing fell through! Freshly painted and ready to go! This 3 bedroom, 2 bath home comes with a large great room featuring a cathedral ceiling and cozy corner fireplace with gas logs. Kitchen/dining area comes with a new side by side refrigerator, dishwasher, range, microwave hood. breakfast bar, and separate laundry closet. Master suite includes both a very large walk-in closet, dual vanity, tub shower combo, and linen closet. Attached single car garage, and covered rear patio overlooking a shady backyard backing up to the common area retention pond.

Last Agent to Sell the Property

Patricia Locke

REAL ESTATE PLUS License #190037 Listed on: 11/15/2021

Last Buyer's Agent

Melinda Bianchi CCIM

CENTURY 21 ZAYTOUN RAINES License #302826

CENTURY 21 ZAYTOUN RAINES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,397

Year Built

  • Built in 2006

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 60x150

HOA Fees

  • $15 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,367 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Pond Views
  • Attic Access Panel
  • Laundry closet

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 111
  • Assessor Parcel Number 8-240-J -111

Community Details

Overview

  • Derby Park Subdivision
  • Maintained Community

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,397

Year Built

Built in 2006

Lot Details

0

HOA Fees

$15 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 897.00
  • Directions To Property: From Hwy 70 head west to Glenburnie Road. Turn right onto Glenburnie. Continue on Glenburnie to Elizabeth Avenue, turn left. Follow Elizabeth Avenue to Fairmount Way, turn right. House will be on the left.
  • Document Count: 2
  • Fencing: None
  • Fireplace: 1
  • Foundation: Slab
  • Fuel Tank: None
  • Green Bldg Certify: None
  • Green Bldg Features: None
  • Handicap Accessible: None
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas, Taxes, Management
  • Listing I D: 100300989
  • List Priceper Sq Ft: 142.65
  • Location Type: Mainland
  • Lot Acres: 0.21
  • Lot Dimensions: 60x150
  • Lot Number: 111
  • Lot Sq Ft: 9148.00
  • Marketing City: New Bern
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Covered, Patio, Porch
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: City of New Bern
  • Service Providers Sewer Provider: City of New Bern
  • Service Providers Water Provider: City of New Bern
  • Sign On Property: Yes
  • Sq Ft Heated: 1367.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 1.0
  • Stories Levels: One
  • Subdivision: Derby Park
  • Tax Identifier: 8-240-J -111
  • Tax Year: 2021
  • Terms: Cash, VA Loan, FHA, Conventional
  • Total Real Estate Property Taxes: 1397.25
  • Total Heated Primary Separate Sq Ft: 1367.00
  • Water Heater: Electric
  • Waterview: Yes
  • Year Built: 2006
  • Zoning: Residential
  • Lot View Type: Pond View
  • H O A Association Fee1 Year: 180.00
  • H O A H O A1 Mgmt Company: Southeast Property M
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Combination
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-In Closet, Gas Logs, Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom1 Level: Main
  • Bedroom2 Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Vinyl Siding
  • On Site Pool Spa: None
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Lambert Jason A and Lambert Jessica
Bought by
Elwell Joshua Blayne
Current Estimated Value
$252,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,250
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2006
Sold by
Blue Water Home Construction Llc
Bought by
Lambert Jason A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,402
Interest Rate
6.36%
Mortgage Type
VA

Purchase Details

Closed on
Aug 11, 2006
Sold by
Johnson Margaret M
Bought by
Blue Waer Home Construction Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,402
Interest Rate
6.36%
Mortgage Type
VA

Purchase Details

Closed on
Jun 16, 2006
Sold by
Blue Water Home Construction Llc
Bought by
Johnson Margaret M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Elwell Joshua Blayne $195,000 Bell Steven K
Lambert Jason A $163,000 None Available
Blue Waer Home Construction Llc -- None Available
Johnson Margaret M $142,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elwell Joshua Blayne $185,250
Previous Owner Lambert Jason A $166,402
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $195,000 0.0% $143 / Sq Ft
02/24/2022 02/24/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $195,000 0.0% $143 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $195,000 0.0% $143 / Sq Ft
04/05/2018 04/05/18 Rented $975 0.0% --
03/06/2018 03/06/18 Under Contract -- -- --
02/09/2018 02/09/18 For Rent $975 +2.6% --
02/04/2016 02/04/16 Rented -- -- --
02/04/2016 02/04/16 Under Contract -- -- --
11/25/2014 11/25/14 For Rent $950 -3.1% --
06/18/2013 06/18/13 Rented -- -- --
06/18/2013 06/18/13 Under Contract -- -- --
03/16/2011 03/16/11 For Rent $980 -- --
Source: Hive MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,736 $199,340 $35,000 $164,340
2024 $1,736 $199,340 $35,000 $164,340
2023 $1,704 $199,340 $35,000 $164,340
2022 $1,397 $128,310 $28,000 $100,310
2021 $1,397 $128,310 $28,000 $100,310
2020 $1,384 $128,310 $28,000 $100,310
2019 $1,384 $128,310 $28,000 $100,310
2018 $1,318 $128,310 $28,000 $100,310
2017 $1,318 $128,310 $28,000 $100,310
2016 $1,318 $145,670 $31,000 $114,670
2015 $1,314 $145,670 $31,000 $114,670
2014 $1,314 $145,670 $31,000 $114,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100300989

Hive MLS

APN: 8-240-J -111