NOT LISTED FOR SALE

1503 Phillips Ave New Bern, NC 28562

Estimated Value: $207,000 - $221,000

3 Beds
2 Baths
1,577 Sq Ft
$137/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $158,000 $100 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,264/month

15 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Skylights
  • Wood Flooring
  • No HOA
  • Entrance Foyer

About This Home

As of June 2021

Step into the welcoming foyer of this traditional single story brick home and you will instantly see the hardwood floors throughout, as well as the great natural light that fills the large open spaces. To the left is the combination living room/dining room and ahead the family room with a newly replaced skylight (July 2020) that brings in additional light and a propane-ready fireplace just waiting for those cool evenings. The open plan and breakfast bar in the kitchen keep things feeling spacious, as well as provide a great spot for entertaining. A separate entrance from the carport near the laundry serves as a small mud area and could be reconfigured as there was previously a stackable w/d unit in this spot. The back door off the family room opens onto to the deck, offering a relaxing seat from which to view the large fenced-in yard, perfect for pets and/or gardening. A separate attached space on the back of the house offers additional storage, while a large shed with electric at the rear of the property doubles nicely as a workshop. From the foyer the hallway to the right leads down to the three bedrooms and two baths, each with retro tile in fantastic condition. The hallway and two of three bedrooms also have hardwood floors, and all rooms including the larger living spaces have new cordless blinds. The roof is new and was replaced in June 2020, including several new boards, and is Miami-Dade hurricane rated with a 30 year lifetime warranty. The HVAC and water heater were replaced three years ago. VA assumable loan, recently refinanced for an excellent rate, available to qualified borrower.

Last Agent to Sell the Property

Christine Shearin

FREEDOM REAL ESTATE GROUP LLC License #288467 Listed on: 04/22/2021

Last Buyer's Agent

Benjamin Perkins

Century 21 Coastal Advantage License #300152

Century 21 Coastal Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,138

Year Built

  • Built in 1969

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x150x100x150
  • Property is Fully Fenced
  • Wood Fence
  • Chain Link Fence

Home Design

  • Brick Exterior Construction
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,577 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • 1 Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Crawl Space

Kitchen

  • Stove
  • Range Hood

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Attic

  • Pull Down Stairs to Attic
  • Partially Finished Attic

Parking

  • 2 Parking Spaces
  • 1 Attached Carport Space
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Oakland Gardens Subdivision

Listing and Financial Details

  • Tax Lot 33
  • Assessor Parcel Number 8-030-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,138

Year Built

Built in 1969

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: 1969
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial, Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Laminate, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Foyer, Skylights, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Kitchen
  • List Price per Sq Ft: 100.63
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1577.00
  • Total Heated Primary Separate Sq Ft: 1577.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Storage
  • Fencing: Chain Link, Wood, Full
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle, See Remarks
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Attached Carport Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Dryer, Washer, Vent Hood, Stove/Oven - Electric, Refrigerator
  • Cooling System: Central
  • Federal Flood Ins Avlbl: Yes
  • 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
  • HeatingSystemFuelSource: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 1611.00
  • Lot Acres: 0.35
  • Lot Dimensions: 100x150x100x150
  • Lot Number: 33
  • Lot Sq Ft: 15246.00
  • Lot Water Features: None
  • Plat Book: 9
  • Plat Page: 62
  • Special Assessments: None known
  • Zoning: Residential

Green Features

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

Tax Info

  • Tax Identifier: 8-030-050
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 504.09
  • Total Real Estate Property Taxes: 1138.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 8, 2021
Sold by
Kothe Austin T and Kothe Kimberly L
Bought by
Frakes Bradly
Seller's Agent
Christine Shearin
FREEDOM REAL ESTATE GROUP LLC
Buyer's Agent
Benjamin Perkins
Century 21 Coastal Advantage
List Price
$158,700
Sold Price
$158,000
Premium/Discount to List
-$700
-0.44%
Current Estimated Value
$216,354

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,354
Avg. Annual Appreciation
7.57%
Original Mortgage
$161,634
Outstanding Balance
$146,020
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$70,334

Purchase Details

Listed on
Nov 19, 2018
Closed on
Jan 7, 2019
Sold by
Lamm Mary L and Langdom Mary L
Bought by
Kothe Ausrtin T and Kothe Kimberly I
Seller's Agent
Rowland Bowen
Keller Williams Realty
Buyer's Agent
Christine Shearin
Choice Residential Real Estate, LLC
List Price
$125,000
Sold Price
$127,000
Premium/Discount to List
$2,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$129,730
Interest Rate
4.7%
Mortgage Type
VA

Purchase Details

Closed on
Jun 19, 1996
Sold by
Langdon Jr Lacy F and Langdon Mary L
Bought by
Langdon Mary Lamm
Source: Public Records

Range of Values:

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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
Frakes Bradly $158,000 None Available
Kothe Ausrtin T $127,000 --
Langdon Mary Lamm -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frakes Bradly $161,634
Previous Owner Kothe Ausrtin T $129,730
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/17/2021 06/17/21 Sold $158,000 -0.4% $100 / Sq Ft
05/07/2021 05/07/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $158,700 +25.0% $101 / Sq Ft
01/07/2019 01/07/19 Sold $127,000 +1.6% $82 / Sq Ft View Prior Sale
12/10/2018 12/10/18 Pending -- -- --
11/19/2018 11/19/18 For Sale $125,000 -- $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
2025 $1,408 $160,070 $32,000 $128,070
2024 $1,408 $160,070 $32,000 $128,070
2023 $1,380 $160,070 $32,000 $128,070
2022 $1,150 $104,540 $25,000 $79,540
2021 $1,150 $104,540 $25,000 $79,540
2020 $1,138 $104,540 $25,000 $79,540
2019 $1,138 $104,540 $25,000 $79,540
2018 $1,081 $104,540 $25,000 $79,540
2017 $1,081 $104,540 $25,000 $79,540
2016 $1,081 $124,270 $30,000 $94,270
2015 $1,126 $124,270 $30,000 $94,270
2014 $1,126 $124,270 $30,000 $94,270
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100267750

Hive MLS

APN: 8-030-050