NOT LISTED FOR SALE

516 2nd Ave New Bern, NC 28560

Estimated Value: $118,000 - $144,000

3 Beds
1 Bath
-- Sq Ft
3,093 Sq Ft Lot

Sale Details

Date Sold: August 19, 2025

Last sale price $131,250 $0 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $746 / mo

About This Home

Positioned in a prime location just minutes from the heart of downtown New Bern, this unique property offers not one, but two residences on a single lot. The main two-story home features three bedrooms, one bathroom, a charming rocking chair front porch, some updated electrical, newer HVAC, and a carport for covered parking. Inside, it has been freshly painted and thoughtfully refreshed, with plumbing updates completed and insulation added to portions of the exterior walls. The exterior has seen major improvements as well, including updates to the roof, new fascia board, repaired window seals, wood rot repairs, and a full exterior paint job--boosting both curb appeal and longevity. Tucked privately at the rear of the property, the separate studio unit includes its own utility meter and has been upgraded with a new mini-split HVAC system within the past two years--ideal for guests, extended family, or flexible living space. With a solid rental history, tasteful updates, and true move-in-ready condition, this property offers both value and versatility. Located near the Stanley White Recreation Center, medical facilities, local parks, shopping, and dining, you'll love the convenience and community feel this neighborhood offers. Whether you're looking to live in one unit and rent the other, or simply enjoy extra space, this downtown gem is ready for its next chapter. Contact us today for a tour and to learn of more opportunities coming to this area!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2025
Closed on
Aug 7, 2025
Sold by
One25 Properties Llc
Bought by
Dgt Ventures Llc
Seller's Agent
ROWLAND & THE HO TEAM
Keller Williams Realty
Buyer's Agent
Ray Copeland
SellingNorthCarolina.com
List Price
$140,000
Sold Price
$131,250
Premium/Discount to List
-$8,750
-6.25%
Views
56
Current Estimated Value
$130,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$828
Avg. Annual Appreciation
-0.98%

Purchase Details

Listed on
Sep 15, 2022
Closed on
May 18, 2023
Sold by
Mack Investments Llc
Bought by
One25 Properties Llc
Seller's Agent
ROWLAND & THE HO TEAM
Keller Williams Realty
Buyer's Agent
KATIE LEMAIRE
Keller Williams Realty
List Price
$100,000
Sold Price
$70,000
Premium/Discount to List
-$30,000
-30%
Views
1047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.40%

Purchase Details

Listed on
Sep 6, 2017
Closed on
Nov 7, 2018
Sold by
Inspired Capital Group
Bought by
Mack Investments Llc
Seller's Agent
DONNA AND TEAM NEW BERN
Keller Williams Realty
Buyer's Agent
Rowland Bowen
Keller Williams Realty
List Price
$17,000
Sold Price
$10,500
Premium/Discount to List
-$6,500
-38.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
51.87%

Purchase Details

Closed on
Jan 12, 2016
Sold by
Inverse Asset Fund Llc
Bought by
Inspired Capital Group Llc

Purchase Details

Closed on
Jan 11, 2016
Sold by
Harbour High Yield Fund Llc
Bought by
Inverse Asset Fund Llc

Purchase Details

Listed on
Jul 8, 2013
Closed on
Jan 21, 2014
Sold by
Federal National Mortgage Assoc
Bought by
Harbour High Yeild Fund Llc
Seller's Agent
Meredith & Matt Team Johnson
RE/MAX Ocean Properties
Buyer's Agent
Sally Seller
Non Member Office
List Price
$35,700
Sold Price
$15,500
Premium/Discount to List
-$20,200
-56.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.04%

Purchase Details

Closed on
May 27, 2011
Sold by
Banks Gracie Mae
Bought by
Scott Cecedrick and Scott Barron

Purchase Details

Closed on
Oct 21, 2004
Sold by
Banks Gracie Mae
Bought by
Federal National Mortgae Assn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dgt Ventures Llc $370,000 None Listed On Document
Dgt Ventures Llc $370,000 None Listed On Document
One25 Properties Llc $70,000 None Listed On Document
Mack Investments Llc $10,500 --
Inspired Capital Group Llc -- None Available
Inverse Asset Fund Llc -- None Available
Harbour High Yeild Fund Llc $15,500 --
Scott Cecedrick -- None Available
Federal National Mortgae Assn $24,356 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/19/2025 08/19/25 Sold $131,250 -6.3% $97 / Sq Ft View Prior Sale
07/14/2025 07/14/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $140,000 +100.0% $104 / Sq Ft
05/24/2023 05/24/23 Sold $70,000 -22.2% $52 / Sq Ft View Prior Sale
05/03/2023 05/03/23 Pending -- -- --
01/26/2023 01/26/23 Price Changed $90,000 -10.0% $67 / Sq Ft
11/17/2022 11/17/22 For Sale $100,000 0.0% $74 / Sq Ft
11/10/2022 11/10/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $100,000 +852.4% $74 / Sq Ft
11/08/2018 11/08/18 Sold $10,500 -38.2% $11 / Sq Ft View Prior Sale
09/21/2017 09/21/17 Pending -- -- --
09/06/2017 09/06/17 For Sale $17,000 +9.7% $18 / Sq Ft
01/21/2014 01/21/14 Sold $15,500 -56.6% $16 / Sq Ft View Prior Sale
01/17/2014 01/17/14 Pending -- -- --
07/08/2013 07/08/13 For Sale $35,700 -- $38 / Sq Ft

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 $520 $48,240 $5,400 $42,840
2024 $520 $53,610 $5,400 $48,210
2023 $101 $53,610 $5,400 $48,210
2022 $370 $29,710 $4,000 $25,710
2021 $370 $29,710 $4,000 $25,710
2020 $366 $29,710 $4,000 $25,710
2019 $366 $29,710 $4,000 $25,710
2018 $333 $29,710 $4,000 $25,710
2017 $333 $29,710 $4,000 $25,710
2016 $333 $36,530 $3,470 $33,060
2015 $357 $36,530 $3,470 $33,060
2014 $357 $36,530 $3,470 $33,060
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2025

    ROWLAND & THE HO TEAM

    Keller Williams Realty

    (252) 631-6787

    285 in this area

    702 Total Sales

    ROWLAND & THE HO TEAM
    Section Image
  • KATIE LEMAIRE

    Seller Co-Listing Agent in 2025

    KATIE LEMAIRE

    Keller Williams Realty

    (910) 750-2887

    96 in this area

    200 Total Sales

    KATIE LEMAIRE
    Section Image
  • Ray Copeland

    Buyer's Agent in 2025

    Ray Copeland

    SellingNorthCarolina.com

    (252) 649-3081

    45 in this area

    89 Total Sales

    Ray Copeland
    Section Image
  • DONNA AND TEAM NEW BERN

    Seller's Agent in 2018

    DONNA AND TEAM NEW BERN

    Keller Williams Realty

    (252) 636-6595

    689 in this area

    1,695 Total Sales

    DONNA AND TEAM NEW BERN
    Section Image
  • Rowland Bowen

    Buyer's Agent in 2018

    Rowland Bowen

    Keller Williams Realty

    (252) 259-6904

    77 in this area

    155 Total Sales

    Rowland Bowen
    Section Image
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Map

North Carolina Craven County New Bern 28560

516 2nd Ave, New Bern, NC

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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