Seller's Agent in 2024
Marcus McClanahan
Landmark Sotheby's International Realty
2 in this area
24 Total Sales
Estimated Value: $671,000 - $847,000
Ideal commercial location, the iconic Wade-Meadows House towers three stories over bustling South Front Street. This is a highly visible and traversed location with pedestrians continuously flowing between Union Point Park and Downtown New Bern. Passersby cannot help but engage with the Federal and Greek Revival architecture and the unmistakable Second Empire Mansard roof, punctuated with dormers looking out to the New Bern Convention Center just across the street and the Neuse River. Also highly trafficked, connecting Downtown and Tryon Palace to Hwy 70, South Front Street provides a slow, steady stream of motor traffic for this property. This is a prime location for just about any business--restaurant, office space, residential lease, B&B, etc. The structure itself continues to leave an important footprint on Historical New Bern, designated as 'pivotal' to the community by the National Historic Registry. The high, Flemish-Bond brick facade that reaches to the second-floor wrap-around porch, an iron-crested roofline, the long brick colonnade, all imbue the home and the area with a positive, enduring, and endearing, quality. Inside, step into an Andrew Wyeth painting, as much of the original interior has remained. Hints of original wall stenciling yet to be fully revealed, rope moulding reminiscent of the William Hollister House trims the doorways, oak and original pine flooring abound, fixtures, windowpanes, stair railings, claw-foot tub and ornate carved toilet bowl, antique window shutters. Indeed, this is a unique, Historical work-of-art. The property currently leases out eight parking spaces for the neighboring business, there are two full apartments on the second and third floors each, and two unfinished apartments on the ground floor. All were previously leased. At present most of the dwelling will require updating/renovating. The first and third floors are currently occupied.
Last Agent to Sell the Property
Landmark Sotheby's International Realty License #314697 Listed on: 10/11/2023
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| East Coast Holdings Llc | $655,000 | None Listed On Document |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2024 01/12/24 | Sold | $655,000 | -6.4% | $125 / Sq Ft |
| 12/13/2023 12/13/23 | Pending | -- | -- | -- |
| 12/01/2023 12/01/23 | Price Changed | $700,000 | -20.0% | $133 / Sq Ft |
| 10/11/2023 10/11/23 | For Sale | $875,000 | -- | $167 / Sq Ft |
| 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 | $3,460 | $365,400 | $287,780 | $77,620 |
| 2024 | $3,820 | $365,400 | $287,780 | $77,620 |
| 2023 | $3,724 | $365,400 | $287,780 | $77,620 |
| 2022 | $4,102 | $322,320 | $286,250 | $36,070 |
| 2021 | $4,102 | $322,320 | $286,250 | $36,070 |
| 2020 | $4,068 | $322,320 | $286,250 | $36,070 |
| 2019 | $4,068 | $322,320 | $286,250 | $36,070 |
| 2018 | $3,844 | $322,320 | $286,250 | $36,070 |
| 2017 | $3,844 | $322,320 | $286,250 | $36,070 |
| 2016 | $3,844 | $371,130 | $328,600 | $42,530 |
| 2015 | $3,882 | $371,130 | $328,600 | $42,530 |
| 2014 | $3,882 | $371,130 | $328,600 | $42,530 |
Seller's Agent in 2024
Marcus McClanahan
Landmark Sotheby's International Realty
2 in this area
24 Total Sales
Buyer's Agent in 2024
Meredith Morse
CENTURY 21 ZAYTOUN RAINES
(252) 571-3781
87 in this area
269 Total Sales
Buyer Co-Listing Agent in 2024
Becky Bengel
CENTURY 21 ZAYTOUN RAINES
(252) 639-1936
83 in this area
270 Total Sales
R
Buyer Co-Listing Agent in 2024
REBECCA BENGEL
Source: Hive MLS
MLS Number: 100409151
APN: 8-001-B -179