NOT LISTED FOR SALE

4055 U S 70 New Bern, NC 28560

Estimated Value: $238,582

5.8 Acres
$41,135 Price per Acre
252,648 Sq Ft Lot

Last Sold August 01, 2025

Last sale price $475,000

Est. 50% decrease in value since last sale

Current estimated payment $1,347/month

215 Days on Market

Highlights

  • 5.8 Acre Lot
  • Wooded Lot
  • No HOA
  • Creekside Elementary School Rated A-

About This Lot

As of August 2025

Amazing commercial development property with frontage on both the new service road and US Hwy 70. Excellent location for Gas Station/Convenient or Food service combined. There will be a high traffic count once the service road opens. Agent working on city sewer availability which will require annexation into New Bern City Limits.

Last Agent to Sell the Property

Michael Raines

CENTURY 21 ZAYTOUN RAINES License #217510 Listed on: 06/19/2024

CENTURY 21 ZAYTOUN RAINES

Last Buyer's Agent

Leverett Owens

LAND AND WATERFRONT PROPERTIES, LLC License #217617

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,471

Lot Details

  • 5.8 Acre Lot
  • Wooded Lot

Schools

  • Creekside Elementary School
  • Grover C.Fields Middle School
  • New Bern High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7-037 -017

Property Details

Property Type

Land

Est. Annual Taxes

$1,471

Lot Details

0

Listing Details

  • Property Type: Land
  • Sub Type: Undeveloped
  • Secondary Subdivision: N/A
  • Total Real Estate Property Taxes: 1471.00
  • Waterview: No
  • Buildigson Property: None
  • List Priceper Acre: 103448.28
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: None
  • Road Type Frontage: Maintained, Service Road
  • Waterfront: No
  • Road Frontage Type: See Remarks

Utilities

  • Fuel Tank: None
  • Service Providers Electric Provider: City of New Bern
  • Utilities: Other

Association/Amenities

  • H O A: No

Schools

  • Elementary School: Creekside Elementary School
  • High School: New Bern
  • Middle School: Grover C.Fields

Lot Info

  • Cobra Zone: No
  • Deed Page: 1936746.00
  • Lot Description: Wooded
  • Lot Dimensions: see attachments
  • Lot Sq Ft: 252648.00
  • Acres: 5.80
  • Wooded Acres: 5.80
  • Current Use: Vacant
  • Deed Restriction: No
  • Environmental Hazard: Unknown
  • Soil Evaluation: Soil Evaluation - No
  • Topography: Undeveloped, Wooded

Tax Info

  • Tax Identifier: 7-037 -017
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jul 25, 2025
Sold by
Virginia L Barber Revocable Trust and William H Barber Descendants Separate Tr
Bought by
Magnolia Investors Llc
Seller's Agent
Michael Raines
CENTURY 21 ZAYTOUN RAINES
Buyer's Agent
Leverett Owens
LAND AND WATERFRONT PROPERTIES, LLC
List Price
$600,000
Sold Price
$475,000
Premium/Discount to List
-$125,000
-20.83%
Views
11
Current Estimated Value
$238,582

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$236,418
Avg. Annual Appreciation
-76.18%

Purchase Details

Closed on
Aug 23, 2017
Sold by
Barber William H
Bought by
Barber William H and The William H Barber Descendants Separat
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 $10,000 None Listed On Document
Magnolia Investors Llc $10,000 None Listed On Document
Magnolia Investors Llc $237,500 None Listed On Document
Magnolia Investors Llc $237,500 None Listed On Document
Barber William H -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/01/2025 08/01/25 Sold $475,000 -20.8% --
02/05/2025 02/05/25 Off Market $600,000 -- --
01/20/2025 01/20/25 Pending -- -- --
06/19/2024 06/19/24 For Sale $600,000 -- --
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 $954 $205,200 $205,200 $0
2024 $954 $205,200 $205,200 $0
2023 $954 $205,200 $205,200 $0
2022 $1,250 $213,750 $213,750 $0
2021 $2,014 $344,250 $344,250 $0
2020 $1,977 $344,250 $344,250 $0
2019 $1,977 $344,250 $344,250 $0
2018 $1,943 $344,250 $344,250 $0
2017 $1,951 $344,250 $344,250 $0
2016 $1,931 $331,350 $331,350 $0
2015 $1,612 $331,350 $331,350 $0
2014 $1,608 $331,350 $331,350 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Raines

    Seller's Agent in 2025

    Michael Raines

    CENTURY 21 ZAYTOUN RAINES

    (252) 259-2129

    2 in this area

    24 Total Sales

    Michael Raines
    Section Image
  • Leverett Owens

    Buyer's Agent in 2025

    Leverett Owens

    LAND AND WATERFRONT PROPERTIES, LLC

    (803) 778-1139

    1 in this area

    166 Total Sales

    Leverett Owens
    Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100451244

Hive MLS

APN: 7-037-017

North Carolina Craven County New Bern 28560

4055 U S 70, New Bern, NC

Not Listed for Sale

Lots

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