NOT LISTED FOR SALE

2807 Madison Ave New Bern, NC 28562

Estimated Value: $147,000 - $244,000

3 Beds
2 Baths
1,275 Sq Ft
$158/Sq Ft Est. Value

Sale Details

Date Sold: March 29, 2018

Last sale price $67,000 $53 Per Sq Ft

Est. 192% increase in value since last sale

Current estimated payment $1,159 / mo

150 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Porch
  • Albert H. Bangert Elementary School Rated A-
  • Thermal Windows
  • Brick Exterior Construction

About This Home

As of March 2018

Great investment or first time home! This 3 bed bedroom, 2 bath home in Southgate is ready for a new owner. With some light, cosmetic remodeling, this home will be perfect! The location is perfect to everything New Bern has to offer. Offering outstanding rental potential. Short Sale.

Last Agent to Sell the Property

Truby Proctor

COLDWELL BANKER SEA COAST ADVANTAGE License #288488 Listed on: 08/30/2017

Last Buyer's Agent

MARGARET BARTLETT

COLDWELL BANKER SEA COAST ADVANTAGE License #285185

COLDWELL BANKER SEA COAST ADVANTAGE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 11,935 Sq Ft Lot
  • Lot Dimensions are 80 x 150
  • Chain Link Fence

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 1,275 Sq Ft Home
  • 1-Story Property
  • Thermal Windows
  • Combination Dining and Living Room
  • Bonus Room
  • Stove
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Basement

  • Partial Basement
  • Crawl Space

Parking

  • Unpaved Parking
  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Southgate Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 8-044-A-047

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • List Priceper Sq Ft: 58.75
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Waterview: No
  • Year Built: 1970
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Flooring: Carpet, Vinyl
  • Interior Amenities: 1st Floor Master, Walk-in Shower
  • Laundry Location: Room
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom1 Level: Main
  • Bedroom2 Level: Main
  • Bonus Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Sq Ft Heated: 1275.00
  • Stories: 1.0
  • Stories Levels: One
  • Total Heated Primary Separate Sq Ft: 1275.00

Exterior Features

  • Exterior Features: Thermal Windows
  • Exterior Finish: Brick Veneer
  • Fencing: Chain Link, Partial
  • Foundation: Brick/Mortar, Crawl Space
  • Porch Balcony Deck: Patio, Porch
  • Road Type Frontage: Maintained, Public (City/Cty/St), Paved
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street, Unpaved, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Water Heater: Electric

Association/Amenities

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

Schools

  • School District: Craven

Lot Info

  • Cobra Zone: No
  • Deed Page: 548.00
  • Lot Acres: 0.27
  • Lot Dimensions: 80 x 150
  • Lot Number: 5
  • Lot Sq Ft: 11935.00
  • Zoning: Residential

Tax Info

  • Tax Identifier: 8-044-A-047
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2017
Closed on
Mar 26, 2018
Sold by
Harris David N and Harris Christina
Bought by
Mercado Patrick E
Seller's Agent
Truby Proctor
COLDWELL BANKER SEA COAST ADVANTAGE
Buyer's Agent
MARGARET BARTLETT
COLDWELL BANKER SEA COAST ADVANTAGE
List Price
$79,900
Sold Price
$67,000
Premium/Discount to List
-$12,900
-16.15%
Current Estimated Value
$195,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,623
Avg. Annual Appreciation
14.68%
Original Mortgage
$67,000
Outstanding Balance
$57,441
Interest Rate
4.4%
Mortgage Type
VA
Estimated Equity
$144,042

Purchase Details

Closed on
Sep 30, 2010
Sold by
Peck Richard L
Bought by
Harris David N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,750
Interest Rate
4.44%
Mortgage Type
VA

Purchase Details

Closed on
Dec 18, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Peck Richard L

Purchase Details

Closed on
Jul 13, 2009
Sold by
Jones Hannah R and Jones Jimmie F
Bought by
Deutsche Bank National Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mercado Patrick E $67,000 --
Harris David N $83,000 None Available
Peck Richard L $60,000 None Available
Deutsche Bank National Trust Company $47,125 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Patrick E $67,000
Previous Owner Harris David N $84,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $67,000 -16.1% $53 / Sq Ft
01/27/2018 01/27/18 Pending -- -- --
08/30/2017 08/30/17 For Sale $79,900 -- $63 / 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 $1,375 $156,070 $35,000 $121,070
2024 $1,375 $156,070 $35,000 $121,070
2023 $1,347 $156,070 $35,000 $121,070
2022 $958 $86,200 $20,000 $66,200
2021 $778 $68,870 $20,000 $48,870
2020 $770 $68,870 $20,000 $48,870
2019 $770 $68,870 $20,000 $48,870
2018 $724 $68,870 $20,000 $48,870
2017 $724 $68,870 $20,000 $48,870
2016 $724 $88,760 $21,500 $67,260
2015 $815 $88,760 $21,500 $67,260
2014 $815 $88,760 $21,500 $67,260
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100079960

Hive MLS

APN: 8-044-A -047

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