NOT LISTED FOR SALE

406 Hancock St New Bern, NC 28560

Estimated Value: $625,742 - $686,000

3 Beds
3 Baths
2,209 Sq Ft
$297/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $634,986 $287 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $3,752/month

3 Days on Market

Highlights

  • Guest House
  • Deck
  • Main Floor Primary Bedroom
  • Grover C. Fields Middle School Rated 9+
  • Wood Flooring
  • 3 Fireplaces

About This Home

As of August 2024

With the perfect blend of modern convenience and historic charm, this is the home that downtown buyers have been waiting for! Step onto the welcoming front porch, ideal for people-watching, and enter to find a newer addition filled with natural light. The main living area features an open floor plan, a family room with a functional skylight, and a modern kitchen complete with granite countertops and stainless steel appliances. The first-floor master suite boasts a beautifully renovated marble bathroom with a large marble shower, free standing tub and a walk-in closet.Upstairs, you'll find two spacious bedrooms, one with a cozy sitting area, both offering ample closet space and stunning original wood floors. The private, fenced backyard is an oasis with a large deck, a storage area, and a separate Tiny House AirBnB. This nearly 300 sq ft Tiny House cottage is perfect for guests or as an income-generating short-term rental, currently being used successfully as an AirBnb. Its unique loft design with full bathroom and separate access through the rear yard and it's super cute appeal makes it a standout feature that potential buyers will love.Located in close proximity to everything downtown, this home truly has it all! Don't miss out on this exceptional opportunity to own a piece of historic charm with modern amenities and a lucrative rental option. The lot is zoned C-1 and has been used as a residence for 25 years but could also be a commercial enterprise.

Last Agent to Sell the Property

Sarah Afflerbach

GO REAL ESTATE AND DEVELOPMENT License #227250 Listed on: 06/17/2024

Last Buyer's Agent

Linda Holland

COLDWELL BANKER SEA COAST ADVANTAGE License #263278

COLDWELL BANKER SEA COAST ADVANTAGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,607

Year Built

  • Built in 1885

Lot Details

  • 5,140 Sq Ft Lot
  • Lot Dimensions are 48.5x107.6
  • Fenced Yard
  • Wood Fence
  • Property is zoned C-1

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Metal Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 2,209 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Skylights
  • 3 Fireplaces
  • Gas Log Fireplace
  • Blinds
  • Family Room
  • Combination Dining and Living Room
  • Crawl Space
  • Partially Finished Attic
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Stove
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Walk-in Shower

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Parking

  • 3 Parking Spaces
  • Driveway
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Outdoor Storage

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Natural Gas Water Heater
  • Municipal Trash
  • Community Sewer or Septic

Additional Features

  • Energy-Efficient HVAC
  • Guest House

Listing and Financial Details

  • Assessor Parcel Number 8-002-D-083

Community Details

Overview

  • No Home Owners Association
  • New Bern Downtown Historic Subdivision

Security

  • Security Lighting

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,607

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Two
  • Year Built: 1885
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Floored - Partial
  • Basement: None
  • Dining Room Type: Combination
  • Fireplace: 3+
  • Flooring: Tile, Wood
  • Heated Sq Ft: 2200 - 2399
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Blinds/Shades, Ceiling Fan(s), Gas Logs, In-Law Quarters, Skylights, Smoke Detectors, Solid Surface, Walk-in Shower, Walk-In Closet
  • Laundry Location: Room
  • List Price per Sq Ft: 253.08
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 3
  • Total Bathrooms: 3.00
  • Bedrooms: 3
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Family Room Level: Main
  • Kitchen Level: Main
  • Laundry Level: Upper
  • Living Room Level: Main
  • Primary Bedroom Level: Main
  • Separate Living Spcs Guest House Desc: Tiny House AirBnB
  • Sq Ft Heated: 2209.00
  • Sq Ft Heated Separate: 300.00
  • Total Heated Primary Separate Sq Ft: 2509.00

Exterior Features

  • Exterior Features: Gas Logs, Security Lighting, Storm Windows
  • Exterior Finish: Wood Siding
  • Exterior Structures: Guest House, Storage
  • Fencing: Back Yard, Wood
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Deck, Patio, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal, Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 3.00
  • Garage And Parking Other See Remarks: On Street
  • Parking Driveway: Off Street, Paved

Utilities

  • Appliances Equipment: Cooktop - Gas, Dishwasher, Disposal, Stove/Oven - Electric
  • Cooling System: Central
  • Federal Flood Ins Avlbl: No
  • Fuel Tank: None
  • Heating System: Gas Pack, Heat Pump
  • Service Providers Electric Provider: City of New Bern
  • Service Providers Sewer Provider: City of New Bern
  • Service Providers Water Provider: City of New Bern
  • Utilities: Community Sewer, Community Water
  • Water Heater: Natural Gas, Tankless
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 92.00
  • Lot Acres: 0.12
  • Lot Dimensions: 48.5x107.6
  • Lot Sq Ft: 5140.00
  • Zoning: C-1

Green Features

  • Green Bldg Features: Tankless Water Heater

Tax Info

  • Tax Identifier: 8-002-D-083
  • Tax Year: 2023
  • Total City Real Estate Property Tax: 2870.76
  • Total Real Estate Property Taxes: 3607.10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Aug 16, 2024
Sold by
Afflerbach Sarah
Bought by
Gunhus Jeffrey A
Seller's Agent
Sarah Afflerbach
GO REAL ESTATE AND DEVELOPMENT
Buyer's Agent
Linda Holland
COLDWELL BANKER SEA COAST ADVANTAGE
List Price
$634,986
Sold Price
$634,986
Views
14
Current Estimated Value
$655,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,200
Avg. Annual Appreciation
2.67%
Original Mortgage
$476,235
Outstanding Balance
$471,584
Interest Rate
7.63%
Mortgage Type
Credit Line Revolving
Estimated Equity
$183,602

Purchase Details

Closed on
Nov 14, 2002
Sold by
Bradbury Sara B
Bought by
Afflerbach Michael J and Afflerbach Sarah
Source: Public Records

Range of Values:

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
Gunhus Jeffrey A $635,000 None Listed On Document
Gunhus Jeffrey A $635,000 None Listed On Document
Afflerbach Michael J $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gunhus Jeffrey A $476,235
Closed Gunhus Jeffrey A $476,235
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2024 08/19/24 Sold $634,986 0.0% $287 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
06/17/2024 06/17/24 For Sale $634,986 -- $287 / 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 $3,673 $422,790 $51,600 $371,190
2024 $3,607 $422,790 $51,600 $371,190
2023 $3,607 $422,790 $51,600 $371,190
2022 $3,052 $281,300 $80,000 $201,300
2021 $3,052 $281,300 $80,000 $201,300
2020 $3,022 $281,300 $80,000 $201,300
2019 $3,022 $281,300 $80,000 $201,300
2018 $2,889 $281,890 $80,000 $201,890
2017 $2,889 $280,050 $90,000 $190,050
2016 $2,871 $243,450 $59,000 $184,450
2015 $2,172 $243,450 $59,000 $184,450
2014 $2,172 $243,450 $59,000 $184,450
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Hive MLS

MLS Number: 100450730

Hive MLS

APN: 8-002-D -083