NOT LISTED FOR SALE

303 Magellan Dr New Bern, NC 28560

Estimated Value: $451,045 - $557,000

4 Beds
3 Baths
2,805 Sq Ft
$176/Sq Ft Est. Value

Last Sold November 08, 2018

Last sale price $294,000 $105 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $2,603/month

60 Days on Market

Highlights

  • Deeded Waterfront Access Rights
  • Waterfront Community
  • Deck
  • W. Jesse Gurganus Elementary School Rated A-
  • 0.66 Acre Lot
  • Vaulted Ceiling

About This Home

As of November 2018

Custom built home with tons of storage and natural light in the sought-after neighborhood of Neuse Harbour. Ideally located between MCAS Cherry Point & Downtown New Bern this home is freshly painted inside with beautiful real hardwood floors. Master Bedroom features large windows with plantation shutters and a Jacuzzi tub in the master bath. Livingroom features cathedral ceiling and gas log fireplace with access to the screened in porch. Kitchen features ample storage, granite countertops, island, gas stove and double wall ovens. Huge bonus room includes Proline pool table, accessories and surround sound with Bose speakers already mounted. FROG features full bath & walk-in closet. Backyard features beautiful wooden deck leading down to a lovely stone patio & private fenced back yard.

Last Agent to Sell the Property

THE SANDERSON TEAM

Keller Williams Realty License #213455 Listed on: 07/03/2018

Last Buyer's Agent

Mary Cayton

Keller Williams Realty License #297261

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,642

Year Built

  • Built in 2004

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 89.93 x 254.97 x 58.8 x 109 x 254
  • Fenced Yard
  • Wood Fence

HOA Fees

  • $10 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,805 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Bonus Room
  • Crawl Space
  • Laundry closet

Kitchen

  • Double Oven
  • Gas Cooktop
  • Built-In Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Deeded Waterfront Access Rights
  • Deeded access to the beach
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Propane
  • Co-Op Water
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Tax Lot 49
  • Assessor Parcel Number 7-206-2-049

Community Details

Overview

  • Neuse Harbour Subdivision
  • Maintained Community

Amenities

  • Picnic Area

Recreation

  • Waterfront Community
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,642

Year Built

Built in 2004

Lot Details

0

HOA Fees

$10 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Cooktop - Gas, Dishwasher, Refrigerator, Microwave - Built-In, Double Oven
  • List Priceper Sq Ft: 106.92
  • New Construction: No
  • Prospect Exempt: No
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 1642.08
  • Waterview: No
  • Year Built: 2004
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: 1st Floor Master, Security System, Walk-In Closet, Smoke Detectors, Foyer, Gas Logs, Ceiling Fan(s), Ceiling - Vaulted, Ceiling - Trey, Blinds/Shades
  • Laundry Location: Closet
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 4
  • Bedroom2 Level: Main
  • Bedroom3 Level: Main
  • Bonus Room Level: Main
  • Dining Room Level: Main
  • Family Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Other Level: Main
  • Sq Ft Heated: 2805.00
  • Stories: 1.0
  • Stories Levels: One and One Half
  • Total Heated Primary Separate Sq Ft: 2805.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Brick Veneer
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Deck, Patio, Screened, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 2.00
  • Total Garage Spaces: 2.00
  • Parking Driveway: Paved

Utilities

  • Cooling System: Central
  • Fuel Tank: Propane Above Ground
  • Fuel Tank Ownership: Leased
  • Heated Sq Ft: 2800 - 2999
  • Heating System: Heat Pump
  • Service Providers Electric Provider: Duke Energy
  • Service Providers Water Provider: Craven County
  • Utilities: Community Water, Septic On Site

Association/Amenities

  • H O A: Yes
  • H O Aand Neighborhood Amenities: Maint - Comm Areas, Water, Playground, Picnic Area
  • H O A Association Fee1 Year: 125.00
  • H O A H O A1 Mgmt Company: Neuse Harbour HOA

Lot Info

  • Cobra Zone: No
  • Deed Page: 870.00
  • Lot Acres: 0.66
  • Lot Dimensions: 89.93 x 254.97 x 58.8 x 109 x 254
  • Lot Number: 49
  • Lot Sq Ft: 28924.00
  • Lot Water Features: Deeded Beach Access, Waterfront Comm, Deeded Water Access
  • Zoning: R

Tax Info

  • Tax Identifier: 7-206-2-049
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2018
Closed on
Nov 3, 2018
Sold by
Nelson Michael B and Nelson Vivienne
Bought by
Adam Donald H
Seller's Agent
THE SANDERSON TEAM
Keller Williams Realty
Buyer's Agent
Mary Cayton
Keller Williams Realty
List Price
$299,900
Sold Price
$294,000
Premium/Discount to List
-$5,900
-1.97%
Current Estimated Value
$470,744

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$176,744
Avg. Annual Appreciation
7.43%
Original Mortgage
$235,200
Outstanding Balance
$205,113
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$288,148

Purchase Details

Listed on
May 5, 2012
Closed on
Oct 12, 2012
Sold by
Warker Peter M and Murney Kathleen M
Bought by
Nelson Michael B and Nelson Vivienne
Seller's Agent
TAY ROBERTS
COLDWELL BANKER SEA COAST ADVANTAGE
Buyer's Agent
COLDWELL BANKER FIRST REALTY
List Price
$300,000
Sold Price
$272,500
Premium/Discount to List
-$27,500
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.26%
Original Mortgage
$272,500
Interest Rate
3.64%
Mortgage Type
VA

Purchase Details

Closed on
May 12, 2005
Sold by
M E Maher Construction Inc
Bought by
Warker Peter M and Murney Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,900
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Adam Donald H $294,000 --
Nelson Michael B $272,500 None Available
Warker Peter M $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adam Donald H $235,200
Previous Owner Nelson Michael B $272,500
Previous Owner Warker Peter M $263,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2018 11/08/18 Sold $294,000 -2.0% $105 / Sq Ft
09/01/2018 09/01/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $299,900 +10.1% $107 / Sq Ft
10/12/2012 10/12/12 Sold $272,500 -9.2% $97 / Sq Ft View Prior Sale
09/12/2012 09/12/12 Pending -- -- --
05/05/2012 05/05/12 For Sale $300,000 -- $107 / 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 $1,776 $366,680 $60,000 $306,680
2024 $1,776 $366,680 $60,000 $306,680
2023 $1,764 $366,680 $60,000 $306,680
2022 $1,718 $283,460 $50,000 $233,460
2021 $1,718 $283,460 $50,000 $233,460
2020 $1,688 $283,460 $50,000 $233,460
2019 $1,688 $283,460 $50,000 $233,460
2018 $1,636 $283,460 $50,000 $233,460
2017 $1,642 $283,460 $50,000 $233,460
2016 $1,626 $314,130 $60,000 $254,130
2015 $1,564 $314,130 $60,000 $254,130
2014 $1,560 $314,130 $60,000 $254,130
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100124337

Hive MLS

APN: 7-206-2-049