NOT LISTED FOR SALE

1502 Fairfax Ln New Bern, NC 28562

Estimated Value: $155,000 - $197,000

2 Beds
2 Baths
986 Sq Ft
$177/Sq Ft Est. Value

Last Sold May 03, 2021

Last sale price $108,000 $110 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $1,036/month

Highlights

  • Deck
  • 1 Fireplace
  • Cul-De-Sac
  • Vaulted Ceiling
  • No HOA
  • Tile Flooring

About This Home

As of May 2021

Entered as comp only.

Last Agent to Sell the Property

A Non Member

A Non Member Listed on: 03/21/2021

Last Buyer's Agent

CHANCE LEE

NorthGroup License #291779

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $709

Year Built

  • Built in 1987

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 52x143x52x143
  • Cul-De-Sac

Home Design

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

Interior Spaces

  • 986 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Combination Dining and Living Room
  • Partially Finished Attic
  • Laundry in Hall

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8-240-2 -014-A

Home Details

Home Type

Single Family

Est. Annual Taxes

$709

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Tile
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s), Ceiling - Vaulted, Blinds/Shades
  • Laundry Location: Hall
  • List Price per Sq Ft: 109.53
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 986.00
  • Total Heated Primary Separate Sq Ft: 986.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • On Site Pool Spa: None
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • 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: No Amenities

Lot Info

  • Deed Page: 514.00
  • Lot Acres: 0.17
  • Lot Description: Cul-de-Sac Lot
  • Lot Dimensions: 52x143x52x143
  • Lot Sq Ft: 7405.00
  • Lot Water Features: None
  • Plat Book: D
  • Plat Page: 691
  • Zoning: RES

Green Features

  • Green Bldg Certify: None
  • Green Bldg Features: None

Tax Info

  • Tax Identifier: 8-240-2 -014-A
  • Tax Year: 2020
  • Total Real Estate Property Taxes: 709.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2021
Closed on
Apr 26, 2021
Sold by
Wu Sing
Bought by
Forbis Kelly L
Seller's Agent
A Non Member
A Non Member
Buyer's Agent
CHANCE LEE
NorthGroup
List Price
$108,000
Sold Price
$108,000
Current Estimated Value
$174,665

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,665
Avg. Annual Appreciation
11.94%
Original Mortgage
$106,043
Outstanding Balance
$96,979
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$78,400

Purchase Details

Listed on
Mar 28, 2014
Closed on
May 16, 2014
Sold by
Thompson Geraldine S
Bought by
Wu Jing
Seller's Agent
PATRICIA DOUGLAS
TRENT RIVER REALTY
Buyer's Agent
Jamie Yezarski
Keller Williams Realty
List Price
$77,000
Sold Price
$67,000
Premium/Discount to List
-$10,000
-12.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.09%
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
Forbis Kelly L $108,000 None Available
Wu Jing $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forbis Kelly $38,376
Open Forbis Kelly L $106,043
Previous Owner Mccarley Alex O $64,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2021 05/11/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $108,000 0.0% $110 / Sq Ft
05/03/2021 05/03/21 Sold $108,000 +61.2% $110 / Sq Ft
05/16/2014 05/16/14 Sold $67,000 -13.0% $70 / Sq Ft
05/01/2014 05/01/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $77,000 -- $81 / 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
2024 $1,002 $111,390 $30,000 $81,390
2023 $979 $111,390 $30,000 $81,390
2022 $777 $68,750 $15,000 $53,750
2021 $717 $68,750 $15,000 $53,750
2020 $769 $68,750 $15,000 $53,750
2019 $769 $68,750 $15,000 $53,750
2018 $723 $68,750 $15,000 $53,750
2017 $723 $68,750 $15,000 $53,750
2016 $723 $84,000 $21,000 $63,000
2015 $773 $84,000 $21,000 $63,000
2014 $773 $84,000 $21,000 $63,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100270847

Hive MLS

APN: 8-240-2-014-A