511 Blades Ave New Bern, NC 28560
Estimated payment $1,654/month
Highlights
- No HOA
- Fenced Yard
- Patio
- Formal Dining Room
- Porch
- Living Room
About This Home
Charming Older Home with Strong Bones & Profitable Investment Opportunity! Welcome to 511 Blades Ave, a historic gem in the heart of New Bern, NC! This charming property showcases the craftsmanship of a bygone era with thicker wood construction, offering the kind of durability and ''strong bones'' rarely found in newer homes. Blending timeless character with modern income potential, this home currently operates as a rental generating an impressive cap rate above mid two hundreds. This property offers both charm and profit! Don't miss out on this rare opportunity to own a piece of New Bern history.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $977
Year Built
- Built in 1900
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 141x51x141x51
- Fenced Yard
- Wood Fence
Home Design
- Wood Frame Construction
- Metal Roof
- Vinyl Siding
- Stick Built Home
Interior Spaces
- 1,823 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Blinds
- Living Room
- Formal Dining Room
- Crawl Space
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
- Walk-in Shower
Parking
- Gravel Driveway
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Patio
- Porch
Schools
- Oaks Road Elementary School
- H. J. Macdonald Middle School
- New Bern High School
Utilities
- Heat Pump System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 8-005 -042
Map
Home Values in the Area
Average Home Value in this Area
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 | $989 | $158,340 | $20,000 | $138,340 |
| 2024 | $989 | $118,490 | $20,000 | $98,490 |
| 2023 | $977 | $118,490 | $20,000 | $98,490 |
| 2022 | $884 | $84,790 | $13,000 | $71,790 |
| 2021 | $884 | $84,790 | $13,000 | $71,790 |
| 2020 | $875 | $84,790 | $13,000 | $71,790 |
| 2019 | $875 | $84,790 | $13,000 | $71,790 |
| 2018 | $847 | $84,790 | $13,000 | $71,790 |
| 2017 | $847 | $84,790 | $13,000 | $71,790 |
| 2016 | $847 | $54,180 | $15,000 | $39,180 |
| 2015 | $475 | $54,180 | $15,000 | $39,180 |
| 2014 | $475 | $54,180 | $15,000 | $39,180 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/30/2025 04/30/25 | Price Changed | $300,000 | +71.4% | $165 / Sq Ft | |
| 02/07/2025 02/07/25 | Price Changed | $175,000 | 0.0% | $96 / Sq Ft | |
| 02/07/2025 02/07/25 | For Sale | $175,000 | +169.2% | $96 / Sq Ft | |
| 02/05/2025 02/05/25 | Off Market | $65,000 | -- | -- | |
| 10/24/2024 10/24/24 | Price Changed | $65,000 | -75.5% | $36 / Sq Ft | |
| 09/23/2024 09/23/24 | For Sale | $265,000 | +103.8% | $145 / Sq Ft | |
| 11/16/2022 11/16/22 | Sold | $130,000 | +8.3% | $70 / Sq Ft | View Prior Sale |
| 09/08/2022 09/08/22 | Pending | -- | -- | -- | |
| 08/30/2022 08/30/22 | Price Changed | $120,000 | -20.0% | $65 / Sq Ft | |
| 08/19/2022 08/19/22 | For Sale | $150,000 | +15.4% | $81 / Sq Ft | |
| 08/09/2022 08/09/22 | Off Market | $130,000 | -- | -- | |
| 07/29/2022 07/29/22 | For Sale | $150,000 | +15.4% | $81 / Sq Ft | |
| 07/28/2022 07/28/22 | Off Market | $130,000 | -- | -- | |
| 07/14/2022 07/14/22 | For Sale | $150,000 | -- | $81 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $130,000 | -- | |
| Interfamily Deed Transfer | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $152,600 | Construction |
Source: Hive MLS
MLS Number: 100467423
APN: 8-005-042
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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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