NOT LISTED FOR SALE

2907 U S 70 Hwy E New Bern, NC 28560

Estimated Value: $506,761

3.07 Acres
$165,069 Price per Acre
133,729 Sq Ft Lot

Last Sold September 22, 2022

Last sale price $500,000 $4 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,879/month

842 Days on Market

About This Lot

As of September 2022

Excellent access to Hwy 70 with this commercial land. This land has 434 ft of road Frontage on HWY 70 service road and 335 ft of road frontage on Garner Road.

Last Agent to Sell the Property

Jana Tyson

TYSON GROUP, REALTORS License #FIRM C13948, Jana 165101 Listed on: 06/13/2018

Last Buyer's Agent

Jana Tyson

TYSON GROUP, REALTORS License #FIRM C13948, Jana 165101 Listed on: 06/13/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,319

Lot Details

  • 3.07 Acre Lot
  • Lot Dimensions are 434 x 335 x 399 x 342.47
  • Property is zoned Commercial

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7-022 -027

Property Details

Property Type

Land

Est. Annual Taxes

$2,319

Lot Details

0

Listing Details

  • Property Type: G
  • Sub Type: Land
  • Sub Type2: Unimproved
  • Cobra Zone: No
  • New Construction: No
  • Definition: RE W/O Business
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Trans Access Airport: Less than 5 Miles
  • Road Trans Access Interstate: 16+ Miles
  • Road Trans Access Port: 16+ Miles
  • Road Trans Access State Highway: Less than 5 Miles

Utilities

  • Federal Flood Ins Avlbl: No

Association/Amenities

  • HOA: No

Lot Info

  • Deed Book: 1560
  • Deed Page: 920.00
  • Lot Acres: 3.07
  • Lot Dimensions: 434 x 335 x 399 x 342.47
  • Lot Sq Ft: 133729.00
  • Plat Book: 1560
  • Plat Page: 0920
  • Zoning: Commercial

Tax Info

  • Tax Identifier: 7-022 -027
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2018
Closed on
Aug 12, 2022
Sold by
Finch James D and Finch Sheryl
Bought by
Magnolia Investors Llc
Seller's Agent
Jana Tyson
TYSON GROUP, REALTORS
Buyer's Agent
Jana Tyson
TYSON GROUP, REALTORS
List Price
$600,000
Sold Price
$500,000
Premium/Discount to List
-$100,000
-16.67%
Current Estimated Value
$506,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,761
Original Mortgage
$585,000
Outstanding Balance
$556,944
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 8, 1997
Sold by
Finch Frances A
Bought by
Finch James D and Finch Nathaniel W
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Magnolia Investors Llc $900,000 --
Magnolia Investors Llc $900,000 None Listed On Document
Finch James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magnolia Investors Llc $585,000
Closed Magnolia Investors Llc $585,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2022 09/22/22 Sold $500,000 -16.7% $4 / Sq Ft
10/02/2020 10/02/20 Pending -- -- --
06/13/2018 06/13/18 For Sale $600,000 -- $4 / 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 $2,319 $498,960 $498,960 $0
2024 $2,319 $498,960 $498,960 $0
2023 $2,319 $498,960 $498,960 $0
2022 $2,991 $511,200 $511,200 $0
2021 $60 $511,200 $511,200 $0
2020 $2,936 $511,200 $511,200 $0
2019 $2,936 $511,200 $511,200 $0
2018 $2,885 $511,200 $511,200 $0
2017 $2,896 $511,200 $511,200 $0
2016 $2,868 $557,240 $557,240 $0
2015 $2,711 $557,240 $557,240 $0
2014 $2,704 $557,240 $557,240 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100120754

Hive MLS

APN: 7-022-027