NOT LISTED FOR SALE

1508 Fairfax Ln New Bern, NC 28562

Estimated Value: $116,000 - $210,000

2 Beds
2 Baths
956 Sq Ft
$176/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $210,000 $220 Per Sq Ft

Est. 20% decrease in value since last sale

Current estimated payment $1,004/month

41 Days on Market

Highlights

  • 1 Fireplace
  • No HOA
  • Vinyl Plank Flooring
  • Ground Level Unit
  • Patio
  • Combination Dining and Living Room

About This Home

As of March 2021

Check out this fantastic investment opportunity! Here is your chance to own an entire duplex! This well kept multifamily property has 2 bedrooms and 2 baths per unit, gas fireplace and 1 car garage. One half of the duplex is currently being leased while one half is vacant and turn key ready! Do not miss the BRAND NEW ROOF! What an amazing opportunity! Schedule your showing today.

Last Agent to Sell the Property

Sarah Benischek

IBX Coastal Living License #297013 Listed on: 11/28/2020

IBX Coastal Living

Last Buyer's Agent

Becky Bengel

CENTURY 21 ZAYTOUN RAINES License #291906

CENTURY 21 ZAYTOUN RAINES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,560

Year Built

  • Built in 1987

Lot Details

  • 7,275

Home Design

  • Duplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2 Bathrooms
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Partial Basement
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Vinyl Plank

Parking

  • 1 Car Attached Garage
  • Driveway

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Patio
  • 7,275 Sq Ft Lot
  • Ground Level Unit

Community Details

  • No Home Owners Association
  • Village Park Subdivision

Listing and Financial Details

  • Tax Lot 12A & 12B
  • Assessor Parcel Number 8-240-2-012-B, 8-240-2-012-A

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,560

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Sub Type: Duplex
  • Cobra Zone: No
  • Construction: Wood Frame
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: Ground
  • Year Built: 1987
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Flooring: Carpet, Vinyl, Laminate
  • Interior Amenities: Gas Log, Pantry, Master Downstairs
  • Laundry Location: Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 219.67
  • Total Bathrooms: 2.00
  • Number Bedrooms Total: 2

Exterior Features

  • Exterior Finish: Wood Siding
  • Fencing: Partial
  • Foundation: Slab
  • Porch Balcony Deck: Patio
  • 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

  • Cooling System: Central Air
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Water Heater: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 261.00
  • Lot Acres: 0.17
  • Lot Description: Cul-De-Sac
  • Lot Dimensions: 49.7x143x52.5x143, 41.95x123.73x64.04x143
  • Lot Number: 12A & 12B
  • Lot Sq Ft: 7275.00
  • Lot Water Features: None
  • Plat Book: D
  • Plat Page: 691
  • Zoning: residential

Rental Info

  • Rental Income Gross Rental Income: 1500.00
  • Annual Gross Rental Income Collected: 18000

Tax Info

  • Tax Identifier: 8-240-2-012-B, 8-240-2-012-A
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 780.06
  • Total Real Estate Property Taxes: 1560.12

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
Nov 28, 2020
Closed on
Mar 3, 2021
Sold by
Fink Glenn A and Fink Karen K
Bought by
Orelus Rodens B
Seller's Agent
Sarah Benischek
IBX Coastal Living
Buyer's Agent
Becky Bengel
CENTURY 21 ZAYTOUN RAINES
List Price
$210,000
Sold Price
$210,000
Total Days on Market
41
Current Estimated Value
$167,626

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$42,374
Avg. Annual Appreciation
-4.83%
Original Mortgage
$206,196
Outstanding Balance
$187,014
Interest Rate
2.73%
Mortgage Type
FHA
Estimated Equity
-$17,844

Purchase Details

Closed on
Jun 6, 2012
Sold by
Fink Karen K
Bought by
Fink Glenn A and Fink Karen K

Purchase Details

Closed on
Feb 11, 2011
Sold by
Fink Glenn A and Fink Karen K
Bought by
Fink Karen 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
Orelus Rodens B $210,000 None Available
Fink Glenn A -- None Available
Fink Karen K -- None Available
Fink Glenn A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orelus Rodens B $206,196
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $210,000 0.0% $220 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $210,000 0.0% $220 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $210,000 -- $220 / 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 $1,033 $115,150 $30,000 $85,150
2023 $1,010 $115,150 $30,000 $85,150
2022 $787 $69,800 $15,000 $54,800
2021 $787 $69,800 $15,000 $54,800
2020 $780 $69,800 $15,000 $54,800
2019 $780 $69,800 $15,000 $54,800
2018 $734 $69,800 $15,000 $54,800
2017 $734 $69,800 $15,000 $54,800
2016 $734 $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

  • Sarah Benischek

    Seller's Agent in 2021

    Sarah Benischek

    IBX Coastal Living

    (252) 349-6128

    28 in this area

    187 Total Sales

    Section Image
  • Becky Bengel

    Buyer's Agent in 2021

    Becky Bengel

    CENTURY 21 ZAYTOUN RAINES

    (347) 603-3358

    86 in this area

    288 Total Sales

    Section Image
  • Meredith Morse

    Buyer Co-Listing Agent in 2021

    Meredith Morse

    CENTURY 21 ZAYTOUN RAINES

    (252) 571-3781

    89 in this area

    289 Total Sales

    Section Image
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Map

Source: Hive MLS

MLS Number: 100247149

Hive MLS

APN: 8-240-2-012-B

North Carolina Craven County New Bern 28562

1508 Fairfax Ln, New Bern, NC

This home is located at 1508 Fairfax Ln, New Bern, NC 28562 since 28 November 2020 and is currently estimated at $168,547, approximately $176 per square foot. This property was built in 1987. 1508 Fairfax Ln is a home located in Craven County with nearby schools including Trent Park Elementary School, H.J. MacDonald Middle School, and New Bern High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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