NOT LISTED FOR SALE

1509 Mcarthur Ave New Bern, NC 28560

Estimated Value: $229,000 - $281,000

3 Beds
2 Baths
1,710 Sq Ft
$148/Sq Ft Est. Value

Last Sold July 28, 2023

Last sale price $260,000 $152 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $1,500/month

11 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Attic
  • Grover C. Fields Middle School Rated 9+
  • Main Floor Primary Bedroom
  • No HOA

About This Home

As of July 2023

Multiple Offer situation! Highest and Best offers are to be submitted by Friday, 6/30/23, 4 pm! Come and see this charming 3 bedroom-2 bath cottage home, located in the heart of New Bern. This home features 2 bedrooms on the first floor and 1 bedroom on the second floor, a formal living room, den/family room and a separate dining area off the kitchen. The walk in attic is great for your storing needs. The wrap-round back deck will be great for those outdoor gatherings!The detached building (formerly a garage) was converted to a commercial kitchen for a catering business, but maybe you would like to use it as a In-Law abode or a workshop or whatever your hobby currently is!There is a small shed in the back yard for storing yard tools or bicycles.This home is located just blocks from the Carolina East Hospital, and just minutes from schools, shopping, and restaurants! This home is to be sold in an ''AS IS'' condition.

Last Agent to Sell the Property

Norma Wagaman

RE/MAX Ocean Properties License #280819 Listed on: 06/21/2023

RE/MAX Ocean Properties

Last Buyer's Agent

Teresa Wood

Weichert Realtors At Wave's Edge License #294442

Weichert Realtors At Wave's Edge

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,058

Year Built

  • Built in 1940

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 75x140x75x140
  • Fenced Yard
  • Vinyl Fence
  • Chain Link Fence

Home Design

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

Interior Spaces

  • 1,710 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Formal Dining Room
  • Workshop
  • Crawl Space

Kitchen

  • Stove
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Attic Floors
  • Storage In Attic

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 2 Parking Spaces
  • Driveway

Outdoor Features

  • Deck
  • Wrap Around Porch
  • Separate Outdoor Workshop
  • Shed

Schools

  • J. T. Barber Elementary School
  • Grover C.Fields Middle School
  • New Bern High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • Degraffenried Park Subdivision

Listing and Financial Details

  • Tax Lot Lot 21
  • Assessor Parcel Number 8-012 -047

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,058

Year Built

Built in 1940

Lot Details

10,454 Sq Ft Lot

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Appliances Equipment: Dishwasher, Disposal, Dryer, Refrigerator, Stove/Oven - Electric, Vent Hood, Washer
  • Handicap Accessible: None
  • List Priceper Sq Ft: 152.05
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 1058.25
  • Waterview: No
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Attic Fan, Eave Storage, Floored, Walk-In
  • Basement: None
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Carpet, Tile, Vinyl, Wood
  • Interior Amenities: 1st Floor Master, Blinds/Shades, Ceiling Fan(s), In-Law Quarters, Smoke Detectors, Workshop
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Kitchen
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1710.00
  • Stories: 2.0
  • Stories Levels: Two
  • Total Heated Primary Separate Sq Ft: 1710.00

Exterior Features

  • Exterior Features: Gas Logs, Storm Doors
  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shed(s), Workshop
  • Fencing: Back Yard, Chain Link, Vinyl
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Deck, Porch, Wrap Around
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 2.00
  • Parking Driveway: Concrete

Utilities

  • Cooling System: Central, Heat Pump
  • Fuel Tank: None
  • Heated Sq Ft: 1600 - 1799
  • Heating System: Heat Pump
  • Service Providers Sewer Provider: City of New Bern
  • Service Providers Water Provider: City of New Bern
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • Heating System Fuel Source: Electric
  • Trash Collection: City Pick-UP

Association/Amenities

  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities

Fee Information

  • Home Warranty Termite Company: Orkin

Schools

  • Elementary School: J. T. Barber
  • High School: New Bern
  • Middle School: Grover C.Fields

Lot Info

  • Cobra Zone: No
  • Deed Page: 778.00
  • Lot Acres: 0.24
  • Lot Dimensions: 75x140x75x140
  • Lot Number: Lot 21
  • Lot Sq Ft: 10454.00
  • Lot Water Features: None
  • Zoning: Residential

Tax Info

  • Tax Identifier: 8-012 -047
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2023
Closed on
Jul 18, 2023
Sold by
Dill William L and Dill Margaret
Bought by
Peterson Zachary and Peterson Molly
Seller's Agent
Norma Wagaman
RE/MAX Ocean Properties
Buyer's Agent
Teresa Wood
Weichert Realtors At Wave's Edge
List Price
$260,000
Sold Price
$260,000
Views
52
Current Estimated Value
$252,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,165
Avg. Annual Appreciation
-1.04%
Original Mortgage
$247,000
Outstanding Balance
$240,998
Interest Rate
6.69%
Mortgage Type
Balloon
Estimated Equity
$11,837
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Peterson Zachary $260,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Peterson Zachary $247,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/28/2023 07/28/23 Sold $260,000 0.0% $152 / Sq Ft
07/02/2023 07/02/23 Pending -- -- --
06/21/2023 06/21/23 For Sale $260,000 -- $152 / Sq Ft
Source: Hive MLS

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 $1,792 $206,040 $25,000 $181,040
2024 $1,792 $206,040 $25,000 $181,040
2023 $757 $206,040 $25,000 $181,040
2022 $608 $101,540 $15,000 $86,540
2021 $0 $101,540 $15,000 $86,540
2020 $602 $101,540 $15,000 $86,540
2019 $1,107 $101,540 $15,000 $86,540
2018 $1,051 $101,540 $15,000 $86,540
2017 $1,051 $101,540 $15,000 $86,540
2016 $1,051 $139,340 $26,000 $113,340
2015 $1,259 $139,340 $26,000 $113,340
2014 -- $139,340 $26,000 $113,340
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100390822

Hive MLS

APN: 8-012-047

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