NOT LISTED FOR SALE

3001 River Ln New Bern, NC 28562

Estimated Value: $729,000 - $1,885,000

0.87 Acre
$1,655,887 Price per Acre
37,897 Sq Ft Lot

Last Sold January 20, 2017

Last sale price $365,000

Est. 295% increase in value since last sale

Current estimated payment $8,474/month

Highlights

  • Deeded Waterfront Access Rights
  • 99 Feet of Waterfront
  • 0.87 Acre Lot
  • Albert H. Bangert Elementary School Rated A-
  • Boat Slip
  • Lot Has A Rolling Slope

About This Lot

As of January 2017

FOR COMPS ONLY. Fabulous waterfront views. Deep water lot on Trent River with dock and boat slips. Ready to build on. Gazebo on property. Survey on file.

Last Agent to Sell the Property

Joanne Ashton

PRIME REALTY NC, LLC License #125336 Listed on: 01/07/2017

Last Buyer's Agent

Joanne Ashton

PRIME REALTY NC, LLC License #125336 Listed on: 01/07/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,095

Lot Details

  • 0.87 Acre Lot
  • 99 Feet of Waterfront
  • Lot Has A Rolling Slope
  • Cleared Lot

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Water Views

Schools

  • A. H. Bangert Elementary School
  • H. J. Macdonald Middle School
  • New Bern High School

Utilities

  • Heating System Uses Gas
  • Gas Tank Leased
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 65
  • Assessor Parcel Number 8-204-3-065

Community Details

Overview

  • Olde Towne Subdivision
  • Maintained Community
  • The community has rules related to deed restrictions

Recreation

  • Deeded Waterfront Access Rights
  • Boat Slip

Property Details

Property Type

Land

Est. Annual Taxes

$2,095

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Property Type: Land
  • Sub Type: Residential Land
  • Auction: No
  • Cobra Zone: No
  • Deed Page: 352.00
  • Directions To Property: Olde Towne - Batts Hill Road, straight ahead on back of cul-de-sac.
  • Document Count: 4
  • Elementary School: A. H. Bangert
  • Fuel Tank: Gas
  • Fuel Tank Ownership: Owned
  • High School: New Bern
  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas, No Amenities
  • Listing I D: 100042785
  • Location Type: Mainland
  • Lot Description: Cul-De-Sac
  • Lot Dimensions: IRR
  • Lot Number: 65
  • Lot Sq Ft: 37897.00
  • Lot Water Features: Boat Slip, Deeded Water Rights, Dock, Deeded Waterfront
  • Marketing City: New Bern
  • Middle School: H. J. MacDonald
  • M L S Approved: Y
  • Road Type Frontage: Paved
  • Service Providers Electric Provider: City of New Bern
  • Service Providers Sewer Provider: City of New Bern
  • Service Providers Water Provider: City of New Bern
  • Sign On Property: Yes
  • State Province: NC
  • Stipulation Of Sale: Standard
  • Subdivision: Olde Towne
  • Tax Identifier: 8-204-3-065
  • Tax Year: 2016
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 2094.81
  • Waterview: Yes
  • Zoning: Residential
  • Cleared Acres: 0.80
  • Acres: 0.87
  • Buildigson Property: See Remarks
  • Current Use: Residential
  • Deed Restriction: Yes
  • Environmental Hazard: Unknown
  • Flood Zone: Yes
  • List Priceper Acre: 419540.23
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Cleared/Partial, Rolling
  • Water Frontage: 99.32
  • Lot Number2: 65
  • Road Frontage Type: River
  • Lot View Type: River, Water
  • H O A Association Fee1 Year: 300.00
  • H O A H O A1 Mgmt Company: River Lane HOA
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Waterfront: Yes

Utilities

  • Utilities: Sewer Available

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2010
Closed on
Aug 28, 2013
Sold by
Andrews Tamara M
Bought by
Cheung Robert and Cheung Susan
Seller's Agent
Nancy Stallings
COLDWELL BANKER SEA COAST ADVANTAGE
Buyer's Agent
KATHY ADOLPH
COLDWELL BANKER SEA COAST ADVANTAGE
List Price
$625,000
Sold Price
$325,000
Premium/Discount to List
-$300,000
-48%
Current Estimated Value
$1,440,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,115,622
Avg. Annual Appreciation
12.77%
Original Mortgage
$135,000
Outstanding Balance
$100,314
Interest Rate
4.37%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,340,308

Purchase Details

Closed on
Jul 22, 2008
Sold by
The Girls Llc
Bought by
Andrews Jimmy R and Andrews Tamara M
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
Cheung Robert $325,000 None Available
Andrews Jimmy R $243,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheung Robert $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2017 01/20/17 Sold $365,000 0.0% --
01/07/2017 01/07/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $365,000 +12.3% --
08/28/2013 08/28/13 Sold $325,000 -48.0% -- View Prior Sale
07/15/2013 07/15/13 Pending -- -- --
05/10/2010 05/10/10 For Sale $625,000 -- --
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 $11,891 $1,415,740 $450,000 $965,740
2024 $5,891 $1,415,740 $450,000 $965,740
2023 $11,737 $1,415,740 $450,000 $965,740
2022 $6,262 $1,074,820 $324,000 $750,820
2021 $11,262 $1,074,820 $324,000 $750,820
2020 $10,962 $1,056,780 $324,000 $732,780
2019 $10,962 $1,056,780 $324,000 $732,780
2018 $9,887 $354,930 $324,000 $30,930
2017 $3,547 $354,930 $324,000 $30,930
2016 $3,547 $510,930 $488,000 $22,930
2015 $4,483 $510,930 $488,000 $22,930
2014 $4,483 $510,930 $488,000 $22,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100042785

Hive MLS

APN: 8-204-3-065