NOT LISTED FOR SALE

1207 Cherry Ln New Bern, NC 28562

Estimated Value: $212,000 - $245,000

4 Beds
2 Baths
1,579 Sq Ft
$142/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $174,000 $110 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,303/month

113 Days on Market

Highlights

  • Deck
  • Central Air
  • 1-Story Property
  • No HOA
  • Combination Dining and Living Room

About This Home

As of March 2021

Income producing property, close to hospital, shopping, and downtown. Decks on the back of both units, New carpeting in both units. Hardwood floor in living room unit B. Fresh paint. Roof is 6 years old. Has had a termite protection in place. 24 notice needed. Tenants lease in place until Sept. 2021

Last Agent to Sell the Property

JOAN MULLER

Keller Williams Realty License #275372 Listed on: 10/05/2020

Keller Williams Realty

Last Buyer's Agent

Meredith Morse

CENTURY 21 ZAYTOUN RAINES License #280743

CENTURY 21 ZAYTOUN RAINES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,501

Year Built

  • Built in 1978

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 79x30x118x97x155

Home Design

  • Duplex
  • Brick Exterior Construction
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Attic Access Panel
  • Stove
  • Washer and Dryer Hookup

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Deck

Schools

  • Trent Park Elementary School
  • H. J. Macdonald Middle School
  • New Bern High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 8-034-010

Community Details

Overview

  • No Home Owners Association
  • Sherwood Forrest Subdivision

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,501

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: C
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: 1st Floor
  • Year Built: 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Attic: Access Only
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: None
  • Interior Amenities: 1st Floor Master
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 114.00
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 4
  • Total Heated Sq Ft: 1579.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: City of New Bern
  • Service Providers Sewer Provider: City of New Bern
  • Service Providers Water Provider: City of New Bern
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks
  • Property Mgmt Company: No

Lot Info

  • Deed Book: 3627
  • Deed Page: 185.00
  • Lot Acres: 0.33
  • Lot Dimensions: 79x30x118x97x155
  • Lot Sq Ft: 14201.00
  • Lot Water Features: None
  • Special Assessments: none known
  • Zoning: residental

Rental Info

  • Pets: No

Tax Info

  • Tax Identifier: 8-034-010
  • Tax Year: 2019

Multi Family

  • Number Total Units: 2

MLS Schools

  • Elementary School: Trent Park
  • High School: New Bern
  • Middle School: H. J. MacDonald

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Mar 22, 2021
Sold by
Alliance Capital Real Estate Llc
Bought by
Yuan Rachel A
Seller's Agent
JOAN MULLER
Keller Williams Realty
Buyer's Agent
Meredith Morse
CENTURY 21 ZAYTOUN RAINES
List Price
$180,000
Sold Price
$174,000
Premium/Discount to List
-$6,000
-3.33%
Current Estimated Value
$224,545

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,545
Avg. Annual Appreciation
5.70%
Original Mortgage
$130,500
Outstanding Balance
$116,984
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$107,561

Purchase Details

Listed on
Aug 7, 2020
Closed on
Aug 19, 2020
Sold by
Daniels Svetlana Alexeevna
Bought by
Alliance Capital Real Estate Llc
Seller's Agent
MARGARET BARTLETT
COLDWELL BANKER SEA COAST ADVANTAGE
Buyer's Agent
JOAN MULLER
Keller Williams Realty
List Price
$132,000
Sold Price
$131,000
Premium/Discount to List
-$1,000
-0.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.14%

Purchase Details

Closed on
Oct 31, 1985
Sold by
Daniels Darrel D
Bought by
Daniels Svetlana Alexeevna
Source: Public Records

Range of Values:

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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
Yuan Rachel A $174,000 None Available
Alliance Capital Real Estate Llc $131,000 None Available
Daniels Svetlana Alexeevna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuan Rachel A $130,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/22/2021 03/22/21 Sold $174,000 -3.3% $110 / Sq Ft
01/26/2021 01/26/21 Pending -- -- --
10/05/2020 10/05/20 For Sale $180,000 +37.4% $114 / Sq Ft
08/21/2020 08/21/20 Sold $131,000 -0.8% $82 / Sq Ft View Prior Sale
08/12/2020 08/12/20 Pending -- -- --
08/06/2020 08/06/20 For Sale $132,000 -- $83 / Sq Ft
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 $1,501 $162,550 $36,000 $126,550
2024 $1,501 $162,550 $36,000 $126,550
2023 $1,461 $162,550 $36,000 $126,550
2022 $1,218 $105,360 $32,000 $73,360
2021 $1,218 $105,360 $32,000 $73,360
2020 $1,207 $105,360 $32,000 $73,360
2019 $1,207 $105,360 $32,000 $73,360
2018 $1,125 $105,360 $32,000 $73,360
2017 $1,125 $105,360 $32,000 $73,360
2016 -- $114,700 $32,000 $82,700
2015 $1,078 $114,700 $32,000 $82,700
2014 -- $114,700 $32,000 $82,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100239731

Hive MLS

APN: 8-034-010