NOT LISTED FOR SALE

1507 Rhem Ave New Bern, NC 28560

Estimated Value: $322,000 - $383,032

2 Beds
2 Baths
1,213 Sq Ft
$294/Sq Ft Est. Value

Last Sold October 10, 2023

Last sale price $361,000 $298 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,097/month

12 Days on Market

Highlights

  • Deck
  • No HOA
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Porch
  • 3-minute walk to Fort Totten Playground

About This Home

As of October 2023

Welcome to your dream home in the coveted Historic Ghent neighborhood! This enchanting 2-bedroom, 2-bathroom gem offers a perfect blend of classic elegance and modern comfort. The moment you move onto the large front porch, you'll be captivated by the timeless charm and character this residence exudes. As you enter, you'll be greeted by a flood of natural light that bathes the expansive living room, creating an inviting and warm ambiance. The layout effortlessly flows into the dining area, perfect for gatherings with guests. The open-concept kitchen, complete with stainless steel appliances, offers a chef's paradise while boasting ample cabinet and counter space for all your culinary adventures. Head outside onto the deck, an ideal spot for firing up the grill. The generously sized fenced backyard provides a safe haven for your pets to play freely and for you to create your own outdoor oasis. A notable feature of this property is the versatile outbuilding, limited only by your imagination. Separate from the main house, this structure comes with its own electricity meter, and both water and sewer lines have been conveniently extended to the back building. Although its interior isn't complete yet, it stands as a blank canvas ready to transform into your ultimate workshop, studio, or guest suite. RV enthusiasts will also appreciate the dedicated hookups linked to the building's electric supply. Situated just minutes away from Historic Downtown New Bern, you'll have easy access to charming shops, delightful eateries, and a vibrant local scene. Additionally, the proximity to Carolina East Medical Center ensures your health and well-being are well looked after. Don't miss out on the chance to own a piece of history while enjoying the modern comforts of this incredible home. Call us today to schedule your private tour.

Last Agent to Sell the Property

DONNA AND TEAM NEW BERN

Keller Williams Realty Listed on: 08/21/2023

Keller Williams Realty

Last Buyer's Agent

A Non Member

A Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,867

Year Built

  • Built in 1925

Lot Details

  • 7,405 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 1,213 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Crawl Space
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking
  • On-Site Parking

Eco-Friendly Details

  • Energy-Efficient HVAC

Outdoor Features

  • Deck
  • Porch

Schools

  • Brinson Elementary School
  • Grover C.Fields Middle School
  • New Bern High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Ghent Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8-011 -034

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,867

Year Built

Built in 1925

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: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Fireplace: None
  • Flooring: Tile, Wood
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s)
  • List Price per Sq Ft: 300.91
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Bedroom 2 Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1213.00
  • Total Heated Primary Separate Sq Ft: 1213.00

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: Chain Link, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Gas Pack
  • 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, Natural Gas Connected
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

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

Lot Info

  • Deed Page: 156.00
  • Lot Acres: 0.17
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 7405.00
  • Zoning: RESIDENTIAL

Tax Info

  • Tax Identifier: 8-011 -034
  • Tax Year: 2023

MLS Schools

  • Elementary School: Brinson
  • High School: New Bern
  • Middle School: Grover C.Fields

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2023
Closed on
Oct 4, 2023
Sold by
Tolson Kelly and Tolson Scott
Bought by
Holmes Alan Thomas and Holmes Anthony
Seller's Agent
DONNA AND TEAM NEW BERN
Keller Williams Realty
Buyer's Agent
A Non Member
A Non Member
List Price
$365,000
Sold Price
$361,000
Premium/Discount to List
-$4,000
-1.1%
Views
132
Current Estimated Value
$356,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,742
Avg. Annual Appreciation
-1.19%

Purchase Details

Listed on
Sep 9, 2018
Closed on
Mar 1, 2019
Sold by
Saretto Peter J and Sarretto Nikki K
Bought by
Sullivan Kelly
Seller's Agent
THE WAYNE BRAZIER TEAM
Buyer's Agent
THE SANDERSON TEAM
Keller Williams Realty
List Price
$225,000
Sold Price
$213,500
Premium/Discount to List
-$11,500
-5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$170,800
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2007
Sold by
Ireland Herbert J and Ireland Mary
Bought by
Saretto Peter J and Saretto Nikki K
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
Holmes Alan Thomas $361,000 None Listed On Document
Sullivan Kelly $213,500 --
Saretto Peter J $80,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sullivan Kelly $174,400
Previous Owner Sullivan Kelly $170,800
Previous Owner Saretto Peter John $122,900
Previous Owner Saretto Peter J $122,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/10/2023 10/10/23 Sold $361,000 -1.1% $298 / Sq Ft
09/06/2023 09/06/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $365,000 +71.0% $301 / Sq Ft
03/07/2019 03/07/19 Sold $213,500 -5.1% $178 / Sq Ft
01/07/2019 01/07/19 Pending -- -- --
09/09/2018 09/09/18 For Sale $225,000 -- $188 / 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 $1,867 $214,970 $45,000 $169,970
2023 $1,833 $214,970 $45,000 $169,970
2022 $1,648 $152,360 $35,000 $117,360
2021 $1,648 $152,360 $35,000 $117,360
2020 $1,632 $152,360 $35,000 $117,360
2019 $1,542 $143,700 $35,000 $108,700
2018 $1,472 $143,700 $35,000 $108,700
2017 $1,472 $143,700 $35,000 $108,700
2016 $1,472 $145,020 $35,000 $110,020
2015 $1,309 $145,020 $35,000 $110,020
2014 -- $145,020 $35,000 $110,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100400940

Hive MLS

APN: 8-011-034