NOT LISTED FOR SALE

2902 Magnolia Dr New Bern, NC 28562

Estimated Value: $194,000 - $248,000

3 Beds
2 Baths
1,458 Sq Ft
$149/Sq Ft Est. Value

Last Sold March 30, 2017

Last sale price $103,650 $71 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $1,268/month

17 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Albert H. Bangert Elementary School Rated A-
  • Fenced Yard
  • Laundry closet

About This Home

As of March 2017

Centrally located brick home within walking distance of shopping, movie theater and multiple restaurants, this home is a great value with a lot to offer. A large fenced in backyard with a patio and a great workshop with electricity allows room for all ages to play outside the home or plant a garden. Great space inside to entertain or relax includes a spacious living room and huge family room. The eat-in kitchen features stainless steel appliances and excellent cabinet space. Three good size bedrooms, the master suite includes a nice walk-in shower within the attached bathroom. A beautiful home insided and out minutes from everything New Bern has to offer all while on Duke Energy utilities!!

Last Agent to Sell the Property

The Rowland & Meg Team

Keller Williams Realty License #27515 Listed on: 01/09/2017

Co-Listed By

Rowland Bowen

Keller Williams Realty License #211446

Last Buyer's Agent

The Rowland & Meg Team

Keller Williams Realty License #27515 Listed on: 01/09/2017

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $665

Year Built

  • Built in 1970

Lot Details

  • 0.41 Acre Lot
  • Fenced Yard

Home Design

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

Interior Spaces

  • 1,458 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Crawl Space
  • Storm Doors
  • Stove

Bedrooms and Bathrooms

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

Laundry

  • Laundry closet
  • Washer and Dryer Hookup

Parking

  • 4 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Covered Patio or Porch
  • Separate Outdoor Workshop

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Southgate Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8-044-A-118

Home Details

Home Type

Single Family

Est. Annual Taxes

$665

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 1.0
  • Stories Levels: One
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: None
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Wash/Dry Connect, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 72.02
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: First
  • Bedroom 2 Level: First
  • Family Room Level: First
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Sq Ft Heated: 1458.00
  • Total Heated Primary Separate Sq Ft: 1458.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Brick Veneer
  • Exterior Structures: Workshop
  • Fencing: Back Yard
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Patio
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No
  • Waterview: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Off Street, On Site

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Utilities: Municipal Sewer, Municipal Water
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No

Schools

  • School District: Craven

Lot Info

  • Deed Page: 611.00
  • Lot Acres: 0.41
  • Lot Dimensions: appx 79 x 105 x 63x102x181
  • Lot Sq Ft: 17642.00
  • Special Assessments: none known
  • Zoning: Residential

Tax Info

  • Tax Identifier: 8-044-A-118
  • Tax Year: 2016
  • Total Real Estate Property Taxes: 665.12

MLS Schools

  • School District: Craven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2017
Closed on
Mar 9, 2017
Sold by
Frailey Zachery R and Frailey Ashley M
Bought by
Joyner Tareka
Seller's Agent
The Rowland & Meg Team
Keller Williams Realty
Buyer's Agent
The Rowland & Meg Team
Keller Williams Realty
List Price
$105,000
Sold Price
$103,650
Premium/Discount to List
-$1,350
-1.29%
Current Estimated Value
$217,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,152
Avg. Annual Appreciation
9.05%
Original Mortgage
$104,800
Outstanding Balance
$87,098
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$130,704

Purchase Details

Closed on
Aug 26, 2010
Sold by
Equity Trust Company
Bought by
Frailey Zachery R and Frailey Ashley M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,671
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 26, 2010
Sold by
Citifinancial Services Inc
Bought by
Equity Trust Company

Purchase Details

Closed on
Feb 2, 2010
Sold by
Taylor Dexter A and Taylor Claude F
Bought by
Citifinancial Services Inc
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
Joyner Tareka $104,000 None Available
Frailey Zachery R $100,000 None Available
Equity Trust Company $47,000 None Available
Citifinancial Services Inc $56,651 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joyner Tareka $104,800
Previous Owner Frailey Zachery R $98,671
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2017 03/30/17 Sold $103,650 -1.3% $71 / Sq Ft
01/26/2017 01/26/17 Pending -- -- --
01/09/2017 01/09/17 For Sale $105,000 -- $72 / 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
2025 $1,400 $159,040 $35,000 $124,040
2024 $1,400 $159,040 $35,000 $124,040
2023 $1,372 $159,040 $35,000 $124,040
2022 $716 $62,950 $20,000 $42,950
2021 $716 $62,950 $20,000 $42,950
2020 $709 $62,950 $20,000 $42,950
2019 $709 $62,950 $20,000 $42,950
2018 $665 $62,950 $20,000 $42,950
2017 $665 $62,950 $20,000 $42,950
2016 $665 $83,740 $21,500 $62,240
2015 $771 $83,740 $21,500 $62,240
2014 $771 $83,740 $21,500 $62,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100042473

Hive MLS

APN: 8-044-A -118