NOT LISTED FOR SALE

4 Seabiscuit Ln New Bern, NC 28562

Estimated Value: $929,000 - $1,077,000

4 Beds
4.5 Baths
4,925 Sq Ft
$202/Sq Ft Est. Value

Last Sold April 22, 2016

Last sale price $525,000 $107 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,884/month

143 Days on Market

Highlights

  • Horses Allowed On Property
  • 6.35 Acre Lot
  • Main Floor Primary Bedroom
  • Creekside Elementary School Rated A-
  • Wood Flooring
  • Whirlpool Bathtub

About This Home

As of April 2016

Exclusive Gables Run Estate. Neighborhood offers privacy & high degree of custom homes. Enjoy breezes on the covered Ipe wood decks & screen porch. Large Family Room, Dining Room & Kitchen, space keeps everyone in on the action, but separate office & upstairs game room can hold a crowd too. Theater Room. Bring your horses!

Last Agent to Sell the Property

Drake Bratton

COLDWELL BANKER SEA COAST ADVANTAGE License #141020 Listed on: 10/26/2015

COLDWELL BANKER SEA COAST ADVANTAGE

Last Buyer's Agent

Martha Cook

COLDWELL BANKER SEA COAST ADVANTAGE License #180627

COLDWELL BANKER SEA COAST ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,694

Year Built

  • Built in 2005

Lot Details

  • 6.35 Acre Lot
  • Cul-De-Sac
  • Irrigation

HOA Fees

  • $71 Monthly HOA Fees

Home Design

  • Shingle Roof
  • Stick Built Home
  • Composite Building Materials

Interior Spaces

  • 4,925 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • 3 Fireplaces
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Office
  • Crawl Space
  • Storage In Attic
  • Home Security System

Kitchen

  • Convection Oven
  • Gas Oven
  • Gas Cooktop
  • Down Draft Cooktop
  • Built-In Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • 3 Car Detached Garage
  • Circular Driveway

Outdoor Features

  • Screened Patio
  • Separate Outdoor Workshop
  • Porch

Additional Features

  • Horses Allowed On Property
  • Zoned Heating and Cooling System

Community Details

  • Gables Run Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,694

Year Built

Built in 2005

Lot Details

0

HOA Fees

$71 per month

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 2005
  • Horses Y N: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Eave Storage
  • Fireplace: 3+
  • Flooring: Carpet, Wood, Tile
  • Heated Sq Ft: 4500 - 4999
  • Interior Amenities: 1st Floor Master, Security System, Whirlpool, Wet Bar, Wash/Dry Connect, Foyer, Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 120.81
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5.00
  • Bedrooms: 4
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Dining Room Level: First
  • Family Room Level: Second
  • Kitchen Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First
  • Office Level: First
  • Other Level: First
  • Sq Ft Heated: 4925.00
  • Total Heated Primary Separate Sq Ft: 4925.00

Exterior Features

  • Exterior Features: Irrigation System
  • Exterior Finish: Composition
  • Exterior Structures: Workshop
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch, Screened
  • Roof: Shingle

Garage/Parking

  • Detached Garage Spaces: 3.00
  • Total Garage Spaces: 3.00
  • Parking Driveway: Circular, Paved

Utilities

  • Appliances Equipment: Convection Oven, Dishwasher, Stove/Oven - Gas, Refrigerator, Microwave - Built-In, Downdraft, Disposal, Cooktop - Gas
  • Cooling System: Central
  • Heating System: Zoned
  • Service Providers Electric Provider: City of New Bern
  • Service Providers Sewer Provider: City of New Bern
  • Utilities: Municipal Sewer, Municipal Water

Association/Amenities

  • HOA: Yes
  • HOAAssociationFee1Year: 850.00

Schools

  • School District: Craven

Lot Info

  • Deed Page: 55.00
  • Lot Acres: 6.35
  • Lot Description: Cul-de-Sac Lot
  • Lot Sq Ft: 280091.00
  • Lot Water Features: None
  • Zoning: Resi

Tax Info

  • Total Real Estate Property Taxes: 6694.00

MLS Schools

  • School District: Craven

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2015
Closed on
Apr 6, 2016
Sold by
Drake William C
Bought by
Papuga Michael G and Papuga Jennifer L
Seller's Agent
Drake Bratton
COLDWELL BANKER SEA COAST ADVANTAGE
Buyer's Agent
Martha Cook
COLDWELL BANKER SEA COAST ADVANTAGE
List Price
$595,000
Sold Price
$525,000
Premium/Discount to List
-$70,000
-11.76%
Current Estimated Value
$997,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,156
Avg. Annual Appreciation
7.01%
Original Mortgage
$417,000
Outstanding Balance
$330,710
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$666,446

Purchase Details

Closed on
Jan 24, 2014
Sold by
Drake William C and Drake Tammy M
Bought by
Drake William C

Purchase Details

Closed on
Jul 10, 2008
Sold by
Davis Michael Scott and Davis Mary Ann
Bought by
Drake William C and Drake Tammy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 27, 2005
Sold by
Gables Road Llc
Bought by
Davis Michael Scott and Davis Mary Ann
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
Papuga Michael G $525,000 None Available
Drake William C -- --
Drake William C $785,000 None Available
Davis Michael Scott -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Papuga Michael G $417,000
Previous Owner Drake William C $415,000
Previous Owner Drake William C $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/22/2016 04/22/16 Sold $525,000 -11.8% $107 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
10/26/2015 10/26/15 For Sale $595,000 -- $121 / 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 $6,312 $747,540 $111,440 $636,100
2024 $6,312 $747,540 $111,440 $636,100
2023 $6,226 $747,540 $111,440 $636,100
2022 $5,639 $535,310 $101,440 $433,870
2021 $5,639 $535,310 $101,440 $433,870
2020 $5,582 $535,310 $101,440 $433,870
2019 $5,476 $525,020 $101,440 $423,580
2018 $5,283 $525,020 $101,440 $423,580
2017 $5,283 $525,020 $101,440 $423,580
2016 $5,283 $758,350 $123,440 $634,910
2015 $6,691 $758,350 $123,440 $634,910
2014 $6,691 $758,350 $123,440 $634,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 90101429

Hive MLS

APN: 7-104-2-015