NOT LISTED FOR SALE

3003 River Ln New Bern, NC 28562

Estimated Value: $1,869,000 - $2,240,000

5 Beds
5 Baths
6,617 Sq Ft
$306/Sq Ft Est. Value

Last Sold September 08, 2022

Last sale price $1,700,000 $257 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $11,690/month

206 Days on Market

Highlights

  • Boat Dock
  • Boat Lift
  • River View
  • Albert H. Bangert Elementary School Rated A-
  • In Ground Pool
  • 0.82 Acre Lot

About This Home

As of September 2022

The quality features & waterfront views will awe you in this home w/its inground pool, 2story dock, 2 boat lifts & 1 jet lift. Entertain from your choice of upper or lower patio w/electric awnings. Custom features include an elevator, steam shower & whole house generator. The main floor features a grand foyer that opens to the living room, master en suite with two closets, and gorgeous bathroom. Guest bedroom with full bath as well as a bar, formal dining room, kitchen and breakfast nook. The upper floor features 3 bedrooms and 2 full baths and the lower level offers a laundry room, family room, billards room, full bath, screen porch that has windows for a year round use, in ground pool and three car garage. Some upgrades are: Full kitchen remodel with new ovens, cooktop and cabinetry, 4 ac/heat units replaced: 1 in 2018, 3 in 2020, LVP flooring installed, Dock walkway and upper levels replaced and deck railings replaced. Upper level in 2020, walkway in 2018. Trim finishes added to whole house. Front Curved driveway and irrigation installed. Pool refinished with acrylic paint surface in 2020 Upgraded Landscaping and rear fence installed.

Last Agent to Sell the Property

TAMMY FEREBEE

COLDWELL BANKER SEA COAST ADVANTAGE License #246856 Listed on: 10/18/2021

COLDWELL BANKER SEA COAST ADVANTAGE

Last Buyer's Agent

TAMMY FEREBEE

COLDWELL BANKER SEA COAST ADVANTAGE License #246856 Listed on: 10/18/2021

COLDWELL BANKER SEA COAST ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,835

Year Built

  • Built in 1989

Lot Details

  • 0.82 Acre Lot
  • River Front
  • Fenced Yard
  • Decorative Fence
  • Sprinkler System

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 6,617 Sq Ft Home
  • 3-Story Property
  • Ceiling height of 9 feet or more
  • 2 Fireplaces
  • Gas Log Fireplace
  • Entrance Foyer
  • Formal Dining Room
  • River Views
  • Finished Basement
  • Laundry in Basement
  • Home Security System

Kitchen

  • Double Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 5 Full Bathrooms
  • Walk-in Shower

Parking

  • 3 Car Attached Garage
  • Circular Driveway
  • Off-Street Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • In Ground Pool
  • Bulkhead
  • Boat Lift
  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Power Generator
  • Propane
  • Fuel Tank

Listing and Financial Details

  • Assessor Parcel Number 8-204-3 -064

Community Details

Overview

  • No Home Owners Association
  • Olde Towne Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,835

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Gas, Refrigerator, Generator, Double Oven, Dishwasher
  • Auction: No
  • Basement: Finished - Full
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 496.00
  • Directions To Property: From Hwy 70 to Country Club Rd, entrance to Olde Towne, all the way to the end, turn R, 2nd house on the Left
  • Document Count: 6
  • Federal Flood Ins Avlbl: Yes
  • Fencing: Back Yard, Metal/Ornamental
  • Fireplace: 2
  • Foundation: Slab
  • Fuel Tank: Propane Buried
  • Fuel Tank Ownership: Owned
  • Handicap Accessible: Elevator
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100295584
  • List Priceper Sq Ft: 272.03
  • Location Type: Mainland
  • Lot Acres: 0.82
  • Lot Dimensions: irr
  • Lot Sq Ft: 35719.00
  • Lot Water Features: Boat Dock, Bulkhead, Boat Lift
  • Marketing City: New Bern
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Balcony, Porch, Screened, Enclosed
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • Sign On Property: No
  • Sq Ft Heated: 6617.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 3.0
  • Stories Levels: 3 Story or More
  • Subdivision: Olde Towne
  • Tax Identifier: 8-204-3 -064
  • Tax Year: 2021
  • Terms: Cash, Conventional
  • Total Real Estate Property Taxes: 12835.00
  • Total Heated Primary Separate Sq Ft: 6617.00
  • Waterview: Yes
  • Year Built: 1989
  • Zoning: residential
  • Road Frontage Type: River Front
  • Lot View Type: River View, Water View
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Flooring: LVT/LVP, Tile
  • Interior Amenities: 1st Floor Master, Security System, Walk-In Closet, Walk-in Shower, Sprinkler System, Foyer, Pantry, Gas Logs, Elevator, 9Ft+ Ceilings
  • Laundry Location: Basement
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 5
  • Total Bathrooms: 5.00
  • Bedrooms: 5

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Wood Siding
  • On Site Pool Spa: In Ground
  • Roof: Architectural Shingle
  • Waterfront: Yes

Garage/Parking

  • Attached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Circular, Paved, Off Street

Utilities

  • Heated Sq Ft: 6500 - 6999
  • Heating System: Heat Pump
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2021
Closed on
Aug 3, 2022
Sold by
Bell Steven K and Bell Laura-Jean A
Bought by
Crow Kenneth F
Seller's Agent
TAMMY FEREBEE
COLDWELL BANKER SEA COAST ADVANTAGE
Buyer's Agent
TAMMY FEREBEE
COLDWELL BANKER SEA COAST ADVANTAGE
List Price
$1,800,000
Sold Price
$1,700,000
Premium/Discount to List
-$100,000
-5.56%
Current Estimated Value
$2,027,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,212
Avg. Annual Appreciation
5.43%

Purchase Details

Listed on
Feb 23, 2015
Closed on
Jun 15, 2016
Sold by
Farsaie Ali and Farsaie Judy L
Bought by
Bell Steven K and Bell Laura Jean A
Seller's Agent
TAMMY FEREBEE
COLDWELL BANKER SEA COAST ADVANTAGE
Buyer's Agent
TAMMY FEREBEE
COLDWELL BANKER SEA COAST ADVANTAGE
List Price
$1,375,000
Sold Price
$1,200,000
Premium/Discount to List
-$175,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Original Mortgage
$1,080,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2007
Sold by
The Girls Llc
Bought by
Farsaie Ali and Farsaie Judy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
6.25%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Crow Kenneth F $1,700,000 --
Crow Kenneth F $1,700,000 None Listed On Document
Bell Steven K $1,200,000 Attorney
Farsaie Ali $1,625,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bell Steven K $1,080,000
Previous Owner Farsaie Ali $1,050,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/08/2022 09/08/22 Sold $1,700,000 -5.6% $257 / Sq Ft
05/18/2022 05/18/22 Pending -- -- --
05/18/2022 05/18/22 For Sale $1,800,000 +5.9% $272 / Sq Ft
11/22/2021 11/22/21 Off Market $1,700,000 -- --
10/24/2021 10/24/21 For Sale $1,800,000 +50.0% $272 / Sq Ft
06/15/2016 06/15/16 Sold $1,200,000 -12.7% $197 / Sq Ft View Prior Sale
04/24/2016 04/24/16 Pending -- -- --
02/23/2015 02/23/15 For Sale $1,375,000 -- $225 / 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 $14,330 $1,707,980 $500,000 $1,207,980
2024 $14,330 $1,707,980 $500,000 $1,207,980
2023 $12,835 $1,707,980 $500,000 $1,207,980
2022 $12,835 $1,225,730 $360,000 $865,730
2021 $12,835 $1,225,730 $360,000 $865,730
2020 $11,572 $1,115,960 $360,000 $755,960
2019 $11,572 $1,115,960 $360,000 $755,960
2018 $11,189 $1,115,960 $360,000 $755,960
2017 $11,189 $1,115,960 $360,000 $755,960
2016 $11,279 $1,577,470 $488,000 $1,089,470
2015 $13,959 $1,577,470 $488,000 $1,089,470
2014 $13,948 $1,577,470 $488,000 $1,089,470
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100295584

Hive MLS

APN: 8-204-3-064