NOT LISTED FOR SALE

503 Franklin Ave New Bern, NC 28560

Estimated Value: $212,000 - $225,000

2 Beds
2 Baths
1,280 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 25, 2024

Last sale price $215,000 $168 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,264/month

9 Days on Market

Highlights

  • Deck
  • 1 Fireplace
  • Home Office
  • Grover C. Fields Middle School Rated 9+
  • No HOA
  • Covered Patio or Porch

About This Home

As of November 2024

Check out this cottage-style 2 bedroom, 2 bath home in the heart of New Bern in the convenient Colonial Heights neighborhood. The front porch will welcome you and your guests with space to sit and enjoy your morning coffee. Entering from the porch you'll be in the living room which leads into the dining room and kitchen and then onto the back den with laundry closet and another flex space. This home also features an energy efficient Geo-thermal HVAC system. There is a fenced portion of the back yard ready for your pups or little ones or that garden you've always wanted. Large storage building and smaller storage shed give you plenty of room for your hobbies, lawn equipment or anything you need to store. This one won't last long, make your appointment today!

Last Agent to Sell the Property

MARGARET BARTLETT

COLDWELL BANKER SEA COAST ADVANTAGE License #285185 Listed on: 10/07/2024

COLDWELL BANKER SEA COAST ADVANTAGE

Last Buyer's Agent

Celeste McAllister

Century 21 Coastal Advantage License #338897

Century 21 Coastal Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,190

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Fenced Yard
  • Wood Fence
  • Chain Link Fence

Home Design

  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Blinds
  • Living Room
  • Formal Dining Room
  • Home Office
  • Stove

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry closet
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 4 Parking Spaces
  • Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Shed

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Colonial Heights Subdivision

Listing and Financial Details

  • Tax Lot 19
  • Assessor Parcel Number 8-025-197

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,190

Year Built

Built in 1940

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: 1.0
  • Stories Levels: One
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 1
  • Flooring: Laminate, Tile, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: 1st Floor Master, Walk-in Shower, Ceiling Fan(s), Blinds/Shades
  • Laundry Location: Closet
  • List Price per Sq Ft: 175.78
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Bedroom 1 Level: Main
  • Bedroom 2 Level: Main
  • Den Level: Main
  • Dining Room Level: Main
  • Kitchen Level: Main
  • Living Room Level: Main
  • Office Level: Main
  • Sq Ft Heated: 1280.00
  • Total Heated Primary Separate Sq Ft: 1280.00

Exterior Features

  • Exterior Finish: Vinyl Siding
  • Exterior Structures: Shed(s)
  • Fencing: Back Yard, Wood, Partial, Chain Link
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch, Deck
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Driveway Spaces: 4.00
  • Parking Driveway: Concrete, Off Street

Utilities

  • Appliances Equipment: Dryer, Washer, Stove/Oven - Electric, Refrigerator
  • Cooling System: Central, See Remarks
  • Federal Flood Ins Avlbl: Yes
  • Fuel Tank: None
  • Heating System: Other-See Remarks
  • 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: Municipal Sewer, Municipal Water
  • Water Heater: Electric
  • HeatingSystemFuelSource: Geo Thermal

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: No Amenities

Lot Info

  • Deed Page: 871.00
  • Lot Acres: 0.30
  • Lot Dimensions: irregular
  • Lot Number: 19
  • Lot Sq Ft: 13068.00
  • Zoning: residential

Tax Info

  • Tax Identifier: 8-025-197
  • Tax Year: 2024
  • Total Real Estate Property Taxes: 1190.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2024
Closed on
Nov 12, 2024
Sold by
Wheeler Deborah
Bought by
Mcallister Celeste A
Seller's Agent
MARGARET BARTLETT
COLDWELL BANKER SEA COAST ADVANTAGE
Buyer's Agent
Celeste McAllister
Century 21 Coastal Advantage
List Price
$225,000
Sold Price
$215,000
Premium/Discount to List
-$10,000
-4.44%
Views
36
Current Estimated Value
$217,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,827
Avg. Annual Appreciation
1.21%
Original Mortgage
$193,500
Outstanding Balance
$191,645
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$26,182

Purchase Details

Listed on
Aug 13, 2021
Closed on
Oct 22, 2021
Sold by
Jones Betty Jo
Bought by
Wheeler Deborah
Seller's Agent
BLAKE SAMPERI
ROCKBEAR REALTY
Buyer's Agent
MARGARET BARTLETT
COLDWELL BANKER SEA COAST ADVANTAGE
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$132,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 1, 1948
Sold by
Jones Gerald E and Betty Jo
Bought by
Jones Betty Jo
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mcallister Celeste A $215,000 None Listed On Document
Mcallister Celeste A $215,000 None Listed On Document
Wheeler Deborah $165,000 None Available
Jones Betty Jo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcallister Celeste A $193,500
Closed Mcallister Celeste A $193,500
Previous Owner Wheeler Deborah $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/25/2024 11/25/24 Sold $215,000 -4.4% $168 / Sq Ft
10/16/2024 10/16/24 Pending -- -- --
10/07/2024 10/07/24 For Sale $225,000 +36.4% $176 / Sq Ft
10/22/2021 10/22/21 Sold $165,000 -2.9% $131 / Sq Ft View Prior Sale
09/23/2021 09/23/21 Pending -- -- --
09/15/2021 09/15/21 Price Changed $169,900 -5.6% $135 / Sq Ft
08/13/2021 08/13/21 For Sale $179,900 -- $143 / 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 $1,511 $172,370 $30,000 $142,370
2024 $1,190 $133,870 $30,000 $103,870
2023 $1,164 $133,870 $30,000 $103,870
2022 $995 $89,750 $26,000 $63,750
2021 $995 $89,750 $26,000 $63,750
2020 $933 $89,750 $26,000 $63,750
2019 $986 $89,750 $26,000 $63,750
2018 $933 $89,750 $26,000 $63,750
2017 $933 $89,750 $26,000 $63,750
2016 $933 $106,250 $30,800 $75,450
2015 $968 $106,250 $30,800 $75,450
2014 -- $106,250 $30,800 $75,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100469731

Hive MLS

APN: 8-025-197