NOT LISTED FOR SALE

500 Madam Moores Ln New Bern, NC 28562

Estimated Value: $607,000 - $703,000

3 Beds
2 Baths
1,917 Sq Ft
$346/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $704,500 $368 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $3,635/month

2 Days on Market

Highlights

  • Boat Dock
  • Pier
  • Wood Flooring
  • Grover C. Fields Middle School Rated 9+
  • River View
  • Main Floor Primary Bedroom

About This Home

As of September 2024

What an excellent opportunity and prime location to enjoy breathtaking views of the Trent River! This property features an expansive open lot, offering the ideal space to build your dream home with impressive elevation. The fully bulk headed waterfront lot is complemented by a private dock and an additional floating pier, both constructed just a few years ago by Cahoon Marine Contractors, ensuring modern and sturdy waterfront access.While the existing structure, built in 1947, is likely a teardown, the adjoining property, 502 Madam Moores Lane includes a cozy 2-bedroom cottage with a garage/carport. This cottage offers a comfortable living space while your new home is under construction. Alternatively, it serves as the perfect setup for in-laws, guests, or even as a rental investment once your main residence is completed.Please note that these are two separate and distinct properties, which the current owners require to be purchased simultaneously. They cannot be purchased separately.This property represents a unique opportunity to create a custom waterfront home while enjoying the convenience of on-site living or the potential for future rental income. With its stunning river views and prime location, it's an ideal setting for making lifelong memories.

Last Agent to Sell the Property

Steve Little

COLDWELL BANKER SEA COAST ADVANTAGE License #112046 Listed on: 08/30/2024

COLDWELL BANKER SEA COAST ADVANTAGE

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

  • $2,604

Year Built

  • Built in 1947

Lot Details

  • 0.76 Acre Lot
  • River Front
  • Level Lot
  • Open Lot

Home Design

  • Brick Exterior Construction
  • Brick Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Asbestos Siding
  • Stick Built Home

Interior Spaces

  • 1,917 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • 1 Fireplace
  • Formal Dining Room
  • River Views
  • Unfinished Basement
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Washer and Dryer Hookup

Parking

  • 1 Detached Carport Space
  • Dirt Driveway
  • Unpaved Parking

Outdoor Features

  • Pier
  • Deep Water Access
  • Bulkhead
  • Screened Patio
  • Porch

Utilities

  • Forced Air Heating and Cooling System
  • Well
  • Electric Water Heater
  • Municipal Trash
  • On Site Septic
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 7-007-001

Community Details

Overview

  • No Home Owners Association

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,604

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Brick/Stone, Wood Frame
  • Construction Type: Stick Built
  • Handicap Accessible: None
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: Basement, Two
  • Year Built: 1947
  • Trash Collection: City Pick-UP
  • Road Frontage Type: River Front
  • Horses Y N: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: None
  • Basement: Finished - No
  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Tile, Vinyl, Wood
  • Heated Sq Ft: 1800 - 1999
  • Interior Amenities: 1st Floor Master, Basement, 9Ft+ Ceilings
  • Laundry Location: Hookup - Dryer, Kitchen, Hookup - Washer
  • List Price per Sq Ft: 367.50
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Sq Ft Heated: 1917.00
  • Total Heated Primary Separate Sq Ft: 1917.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Asbestos, Brick
  • Fencing: None
  • Foundation: Brick/Mortar, Crawl Space
  • Porch Balcony Deck: Porch, Screened
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Detached Carport Spaces: 1.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Dirt, See Remarks, Unpaved, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air
  • Service Providers Electric Provider: City of New Bern
  • Service Providers Water Provider: Craven County
  • Utilities: Municipal Water, Well Water, Septic On Site
  • Water Heater: Electric
  • HeatingSystemFuelSource: Electric, See Remarks

Association/Amenities

  • HOA: No

Lot Info

  • Deed Page: 1743.00
  • Lot Acres: 0.76
  • Lot Description: Level, Open, See Remarks
  • Lot Dimensions: See GIS
  • Lot Sq Ft: 33106.00
  • Lot Water Features: Boat Dock, Pier, Water Depth 4+, Bulkhead
  • Zoning: Residential
  • Lot View Type: River View

Green Features

  • Green Bldg Certify: None

Tax Info

  • Tax Identifier: 7-007-001
  • Tax Year: 2023
  • Total Real Estate Property Taxes: 2604.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 19, 2025
Sold by
Franks Family Trust and Franks Joshua Allen
Bought by
Franks Family Trust and Franks
Current Estimated Value
$662,796

Purchase Details

Listed on
Aug 30, 2024
Closed on
Sep 20, 2024
Sold by
Baily Mitterling Llc
Bought by
Franks Family Trust and Franks
Seller's Agent
Steve Little
COLDWELL BANKER SEA COAST ADVANTAGE
Buyer's Agent
Linda Holland
COLDWELL BANKER SEA COAST ADVANTAGE
List Price
$704,500
Sold Price
$704,500
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.40%

Purchase Details

Listed on
Aug 30, 2024
Closed on
Aug 1, 2024
Sold by
Mitterling Norman and Mitterling Linda
Bought by
Baily Mitterling Llc
Seller's Agent
Steve Little
COLDWELL BANKER SEA COAST ADVANTAGE
Buyer's Agent
Linda Holland
COLDWELL BANKER SEA COAST ADVANTAGE
List Price
$704,500
Sold Price
$704,500
Views
4

Purchase Details

Closed on
May 19, 2020
Sold by
Mitterling Lane A
Bought by
Baily Mitterling Llc

Purchase Details

Closed on
Aug 8, 2013
Sold by
Mitterling Lane A and Mitterling Norman
Bought by
Baily George B

Purchase Details

Closed on
Jan 1, 1941
Sold by
Aberly Ennis Lane
Bought by
Mitterling Lane A
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
Franks Family Trust -- None Listed On Document
Franks Family Trust $704,500 None Listed On Document
Baily Mitterling Llc -- None Listed On Document
Baily Mitterling Llc $343,000 None Available
Baily George B -- None Available
Mitterling Lane A -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $704,500 0.0% $368 / Sq Ft
09/01/2024 09/01/24 Pending -- -- --
08/30/2024 08/30/24 For Sale $704,500 -- $368 / 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 $1,904 $472,050 $437,500 $34,550
2024 $2,604 $581,900 $375,000 $206,900
2023 $2,604 $547,350 $375,000 $172,350
2022 $2,832 $473,870 $350,000 $123,870
2021 $2,832 $473,870 $350,000 $123,870
2020 $2,782 $473,870 $350,000 $123,870
2019 $2,782 $473,870 $350,000 $123,870
2018 $2,711 $473,870 $350,000 $123,870
2017 $2,721 $473,870 $350,000 $123,870
2016 $2,694 $585,550 $450,000 $135,550
2015 $2,885 $585,550 $450,000 $135,550
2014 $2,877 $593,620 $450,000 $143,620
Source: Public Records

Agents Affiliated with this Home

  • Steve Little

    Seller's Agent in 2024

    Steve Little

    COLDWELL BANKER SEA COAST ADVANTAGE

    (252) 671-1997

    24 in this area

    87 Total Sales

    Steve Little
    Section Image
  • Linda Holland

    Buyer's Agent in 2024

    Linda Holland

    COLDWELL BANKER SEA COAST ADVANTAGE

    (252) 259-0756

    46 in this area

    243 Total Sales

    Linda Holland
    Section Image
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Map

Source: Hive MLS

MLS Number: 100463738

Hive MLS

APN: 7-007-001

North Carolina Craven County New Bern 28562

500 Madam Moores Ln, New Bern, NC

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Hive MLS The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS LLC. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Homesnap, Inc. shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. ©2025 Hive MLS LLC

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