NOT LISTED FOR SALE

509 Blades Ave New Bern, NC 28560

Estimated Value: $198,000 - $311,000

3 Beds
2 Baths
2,000 Sq Ft
$133/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $190,000 $95 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,497/month

72 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Fenced Yard
  • Main Floor Primary Bedroom
  • Formal Dining Room
  • Porch

About This Home

As of February 2024

Amazing opportunity to restore this historic home to its full potential! Renovation work has begun on this home and its now ready for you to complete with the final finishings, offering endless possibilities as your next home, vacation home or Airbnb. Located conveniently in downtown New Bern, just a few blocks from the Neuse Riverfront.Don't let the chance slip by to make this delightful Downtown New Bern home your very own. Call today to schedule a private showing!

Last Agent to Sell the Property

THE AGENTS

Berkshire Hathaway HomeServices Carolina Premier Properties Listed on: 10/22/2023

Last Buyer's Agent

Ina Shavel-Shockley

Coldwell Banker Sea Coast Advantage

Coldwell Banker Sea Coast Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,153

Year Built

  • Built in 1900

Lot Details

  • 3,920 Sq Ft Lot
  • Fenced Yard
  • Wood Fence

Parking

  • On-Street Parking

Home Design

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

Interior Spaces

  • 2,000 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Living Room
  • Formal Dining Room
  • Crawl Space
  • Attic Access Panel
  • Stove
  • Laundry Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Schools

  • Oaks Road Elementary School
  • H. J. Macdonald Middle School
  • New Bern High School

Additional Features

  • Porch
  • Heating Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8-005 -041

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,153

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Appliances Equipment: Stove/Oven - Electric
  • Auction: No
  • Basement: None
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: None
  • Deed Page: 621.00
  • Directions To Property: Starting from downtown New Bern, head northwest on Broad Street. Continue straight for approximately 1.5 miles, then turn left onto Blades Avenue. Drive straight on Blades Avenue for about 0.3 miles, and you will arrive at 509 Blades Ave
  • Document Count: 3
  • Elementary School: Oaks Road
  • Federal Flood Ins Avlbl: Yes
  • Fencing: Back Yard, Wood
  • Fireplace: None
  • Foundation: Crawl Space
  • Fuel Tank: None
  • Handicap Accessible: None
  • High School: New Bern
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100411002
  • List Priceper Sq Ft: 100.00
  • Location Type: Mainland
  • Lot Acres: 0.09
  • Lot Dimensions: Irregular
  • Lot Sq Ft: 3920.00
  • Lot Water Features: None
  • Marketing City: New Bern
  • Middle School: H. J. MacDonald
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Porch
  • Prospect Exempt: No
  • Road Type Frontage: Paved
  • Other Level: Second
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: City of New Bern
  • Service Providers Sewer Provider: City of New Bern
  • Service Providers Water Provider: City of New Bern
  • Sign On Property: Yes
  • Special Assessments: none known
  • Sq Ft Heated: 2000.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Not In Subdivision
  • Tax Identifier: 8-005 -041
  • Tax Year: 2023
  • Terms: Cash
  • Total City Real Estate Property Tax: 356.39
  • Total Real Estate Property Taxes: 1153.48
  • Total Heated Primary Separate Sq Ft: 2000.00
  • Water Heater: None
  • Waterview: No
  • Year Built: 1900
  • Zoning: residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Access Only
  • Dining Room Type: Formal
  • Flooring: Carpet, Vinyl, Wood
  • Interior Amenities: 1st Floor Master, 9Ft+ Ceilings, Pantry
  • Laundry Location: Room
  • Master Bedroom Level: N/A
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Bedroom2 Level: Second
  • Bedroom3 Level: Second
  • Dining Room Level: First
  • Kitchen Level: First
  • Laundry Level: First
  • Living Room Level: First
  • Primary Bedroom Level: First

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Wood Siding
  • On Site Pool Spa: None
  • Roof: Shingle
  • Waterfront: No

Garage/Parking

  • Garage And Parking Other See Remarks: Lean to for bicycles
  • Parking Driveway: Street Only

Utilities

  • Heated Sq Ft: 2000 - 2199
  • Heating System: None
  • Utilities: Municipal Sewer, Municipal Water
  • Heating System Fuel Source: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2023
Closed on
Jan 25, 2024
Sold by
509 Blades Ave Llc
Bought by
Rivera Christopher Matthew and Brescia Vicky
Seller's Agent
THE AGENTS
Berkshire Hathaway HomeServices Carolina Premier Properties
Buyer's Agent
Ina Shavel-Shockley
Coldwell Banker Sea Coast Advantage
List Price
$200,000
Sold Price
$190,000
Premium/Discount to List
-$10,000
-5%
Views
245
Current Estimated Value
$265,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,158
Avg. Annual Appreciation
18.64%
Original Mortgage
$180,500
Outstanding Balance
$177,133
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$88,025

Purchase Details

Closed on
Apr 17, 2023
Sold by
Rc 401K Plan & Trust
Bought by
509 Blades Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,500
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2020
Sold by
Olexa Kara and Spickler Carol S
Bought by
Federal National Mortgage Association and Newrez Llc

Purchase Details

Closed on
Sep 13, 2007
Sold by
Olexa Kara M and Olexa Michael L
Bought by
Fraser House Llc

Purchase Details

Closed on
Mar 17, 2006
Sold by
Barker Cox Patricia A
Bought by
Olexa Kara and Spickler Carol S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,040
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 20, 2005
Sold by
Barker Cox Patricia Ann and Cox Clinton J
Bought by
Barker Cox Patricia Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rivera Christopher Matthew $190,000 None Listed On Document
509 Blades Ave Llc $130,000 None Listed On Document
Federal National Mortgage Association $73,274 None Available
Fraser House Llc -- None Available
Olexa Kara $98,000 None Available
Barker Cox Patricia Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Christopher Matthew $180,500
Previous Owner 509 Blades Ave Llc $161,500
Previous Owner Olexa Kara $78,040
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/09/2024 02/09/24 Sold $190,000 -5.0% $95 / Sq Ft
01/02/2024 01/02/24 Pending -- -- --
10/22/2023 10/22/23 For Sale $200,000 +684.3% $100 / Sq Ft
03/29/2021 03/29/21 Sold $25,500 -32.5% $13 / Sq Ft View Prior Sale
03/19/2021 03/19/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $37,800 0.0% $19 / Sq Ft
01/15/2021 01/15/21 Pending -- -- --
12/22/2020 12/22/20 For Sale $37,800 0.0% $19 / Sq Ft
12/22/2020 12/22/20 Price Changed $37,800 +48.2% $19 / Sq Ft
12/18/2020 12/18/20 Off Market $25,500 -- --
11/18/2020 11/18/20 For Sale $42,000 -23.6% $21 / Sq Ft
10/16/2020 10/16/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $55,000 -- $28 / 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 $1,493 $170,200 $17,000 $153,200
2024 $1,239 $139,850 $17,000 $122,850
2023 $1,213 $139,850 $17,000 $122,850
2022 $915 $82,030 $13,000 $69,030
2021 $830 $73,910 $13,000 $60,910
2020 $822 $73,910 $13,000 $60,910
2019 $822 $73,910 $13,000 $60,910
2018 $775 $73,910 $13,000 $60,910
2017 $775 $73,910 $13,000 $60,910
2016 $775 $98,090 $15,000 $83,090
2015 $897 $98,090 $15,000 $83,090
2014 $897 $98,090 $15,000 $83,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100411002

Hive MLS

APN: 8-005-041