NOT LISTED FOR SALE

1617 Racetrack Rd New Bern, NC 28562

Estimated Value: $132,000 - $177,000

2 Beds
2 Baths
983 Sq Ft
$161/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $86,500 $88 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $931/month

6 Days on Market

Highlights

  • 1 Fireplace
  • Combination Dining and Living Room
  • Heating Available
  • No HOA
  • Wood Siding
  • 1-Story Property

About This Home

As of November 2021

GREAT INVESTMENT OPPORTUNITY: RENOVATE AND RENT OR OWN: LOW TAXES , NO HOA, NO FLOOD INSURANCE, 2 BEDROOM, 2 BATH. CLOSE PROXIMITY TO ALL SHOPPING AND DOWNTOWN NEW BERN. CALL TODAY FOR AN APPOINTMENT : THIS WON'T LAST LONG!! Buyer and buyer's agent need to confirm square footage, flood zone and all other pertinent information prior to making an offer.

Last Agent to Sell the Property

Melinda Bianchi CCIM

CENTURY 21 ZAYTOUN RAINES License #302826 Listed on: 10/03/2021

CENTURY 21 ZAYTOUN RAINES

Last Buyer's Agent

Kathy Richey

Keller Williams Realty License #237655

Keller Williams Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $693

Year Built

  • Built in 1983

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 143x52.5

Home Design

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

Interior Spaces

  • 983 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • Paved Parking

Utilities

  • Heating Available
  • Electric Water Heater
  • Community Sewer or Septic

Community Details

  • No Home Owners Association
  • Twin Wood Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8-240-2-019-A

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$693

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Townhouse
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1983
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room Type: Combination
  • Fireplace: 1
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: None
  • List Price per Sq Ft: 91.05
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 4
  • Sq Ft Heated: 983.00
  • Total Heated Primary Separate Sq Ft: 983.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: See Remarks
  • Porch Balcony Deck: None
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Composition
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Paved

Utilities

  • Cooling System: See Remarks
  • Fuel Tank: None
  • Utilities: Community Sewer, Community Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Page: 774.00
  • Lot Acres: 0.17
  • Lot Dimensions: 143X52.5
  • Lot Sq Ft: 7405.00
  • Plat Book: C
  • Plat Page: 275
  • Zoning: RESIDENTIAL

Tax Info

  • Tax Identifier: 8-240-2-019-A
  • Tax Year: 2020
  • Total City Real Estate Property Tax: 292.65
  • Total Real Estate Property Taxes: 692.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2022
Sold by
Alexander Investments Partners Inc
Bought by
Loring Place Investments Llc
Current Estimated Value
$158,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,750
Outstanding Balance
$89,587
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$71,926

Purchase Details

Listed on
Oct 3, 2021
Closed on
Oct 23, 2021
Sold by
Hinson Brenda A
Bought by
Alexander Investment Partners Inc
Seller's Agent
Melinda Bianchi CCIM
CENTURY 21 ZAYTOUN RAINES
Buyer's Agent
Kathy Richey
Keller Williams Realty
List Price
$89,500
Sold Price
$86,500
Premium/Discount to List
-$3,000
-3.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.83%

Purchase Details

Closed on
Jun 24, 1992
Sold by
Hinson Walter M and Hinson Brenda A
Bought by
Hinson Brenda A
Source: Public Records

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Range of Values:

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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
Loring Place Investments Llc $125,000 Moeller Pa
Alexander Investment Partners Inc $86,500 None Available
Hinson Brenda A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loring Place Investments Llc $33,000
Open Loring Place Investments Llc $93,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $86,500 -3.4% $88 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $89,500 -- $91 / 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 $1,069 $119,390 $30,000 $89,390
2023 $1,045 $119,390 $30,000 $89,390
2022 $693 $60,690 $15,000 $45,690
2021 $693 $60,690 $15,000 $45,690
2020 $686 $60,690 $15,000 $45,690
2019 $686 $60,690 $15,000 $45,690
2018 $643 $60,690 $15,000 $45,690
2017 $643 $60,690 $15,000 $45,690
2016 $643 $72,770 $18,900 $53,870
2015 $675 $72,770 $18,900 $53,870
2014 $675 $72,770 $18,900 $53,870
Source: Public Records

Agents Affiliated with this Home

  • Melinda Bianchi CCIM

    Seller's Agent in 2021

    Melinda Bianchi CCIM

    CENTURY 21 ZAYTOUN RAINES

    (908) 482-1395

    14 in this area

    47 Total Sales

    Melinda Bianchi CCIM
    Section Image
  • Kathy Richey

    Buyer's Agent in 2021

    Kathy Richey

    Keller Williams Realty

    (252) 474-6469

    29 in this area

    111 Total Sales

    Kathy Richey
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100293318

Hive MLS

APN: 8-240-2-019-A

North Carolina Craven County New Bern 28562

1617 Racetrack Rd, New Bern, NC

This home is located at 1617 Racetrack Rd, New Bern, NC 28562 since 03 October 2021 and is currently estimated at $158,646, approximately $161 per square foot. This property was built in 1983. 1617 Racetrack Rd 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.

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