$70,000
SOLD MAY 24, 2023

516 2nd Ave New Bern, NC 28560

3 Beds
1 Bath
1,350 Sq Ft
1,350 Sq Ft Lot

Recently Sold

$52 Per Sq Ft

30% Below List Price

230 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • No HOA
  • Formal Dining Room
  • Corner Lot
  • Covered patio or porch
  • Tandem Parking

About This Home

As of May 2023

This two story, three bedroom home in the heart of New Bern is Complete with a spacious rocking chair front porch, three bedrooms, with some updated electrical and HVAC, and a carport for covered parking. A studio residence in the back with a separate utility meter is complete with a newer mini-split system. Location, location, location!! Contact us today for more information on this home and other investment properties in the area.

Last Agent to Sell the Property

ROWLAND & THE HOME S TEAM

Keller Williams Realty Listed on: 09/15/2022

Co-Listed By

KATIE LEMAIRE

Keller Williams Realty License #295112

Keller Williams Realty

Last Buyer's Agent

KATIE LEMAIRE

Keller Williams Realty License #295112

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $370

Year Built

  • Built in 1925

Lot Details

  • 1,350 Sq Ft Lot
  • Lot Dimensions are 36 x 87.5 x 36 x 87.5
  • Chain Link Fence
  • Corner Lot
  • Property is zoned RESIDENTIAL-TWO

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Aluminum Siding
  • Block Exterior
  • Stick Built Home

Interior Spaces

  • 1,350 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Stove

Flooring

  • Carpet
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 1 Full Bathroom

Laundry

  • Laundry in Kitchen
  • Washer and Dryer Hookup

Basement

  • Partial Basement
  • Crawl Space

Parking

  • 2 Parking Spaces
  • 1 Detached Carport Space
  • Tandem Parking
  • Driveway
  • Paved Parking
  • Off-Street Parking
  • Assigned Parking

Outdoor Features

  • Covered patio or porch

Schools

  • J. T. Barber Elementary School
  • Grover C.Fields Middle School
  • New Bern High School

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Trash

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8-012-A -222

Home Details

Home Type

Single Family

Est. Annual Taxes

$370

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: A
  • Sub Type: Single Family Residence
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • New Construction: No
  • Stories: 2.0
  • Stories Levels: One, Two
  • Year Built: 1925
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: None
  • Flooring: Carpet, LVT/LVP, Vinyl
  • Heated Sq Ft: 1200 - 1399
  • Interior Amenities: Ceiling Fan(s)
  • Laundry Location: Hookup - Dryer, Hookup - Washer, Kitchen
  • List Price per Sq Ft: 52.63
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 7
  • Separate Living Spcs Addl Sep Bldg Desc: 1211 Bay St - Studio
  • Sq Ft Heated: 1350.00
  • Sq Ft Heated Separate: 360.00
  • Total Heated Primary Separate Sq Ft: 1710.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Aluminum Siding, Block
  • Exterior Structures: See Remarks
  • Fencing: Chain Link, Partial
  • Foundation: Crawl Space
  • Porch Balcony Deck: Covered, Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Garage And Parking: Tandem
  • Detached Carport Spaces: 1.00
  • Garage And Parking Driveway Spaces: 2.00
  • Total Carport Spaces: 1.00
  • Parking Driveway: Assigned, Concrete, Covered, Off Street, On Site, Paved

Utilities

  • Appliances Equipment: Refrigerator, Stove/Oven - Electric
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • 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, Natural Gas Available
  • HeatingSystemFuelSource: Electric

Association/Amenities

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

Lot Info

  • Deed Book: 3552
  • Deed Page: 1186.00
  • Lot Acres: 0.07
  • Lot Description: Corner Lot
  • Lot Dimensions: 36 x 87.5 x 36 x 87.5
  • Lot Sq Ft: 1350.00
  • Zoning: RESIDENTIAL-TWO

Rental Info

  • Rental Income Gross Rental Income: 1650.00
  • Annual Gross Rental Income Collected: 19800

Tax Info

  • Tax Identifier: 8-012-A -222
  • Tax Year: 2022
  • Total City Real Estate Property Tax: 143.26
  • Total Real Estate Property Taxes: 369.64

MLS Schools

  • Elementary School: J. T. Barber
  • High School: New Bern
  • Middle School: Grover C.Fields

Ownership History

Date Name Owned For Owner Type

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 HOME S 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
1068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%

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
17.20%

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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 None Listed On Document
Deed $10,500 --
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Deed $15,500 --
Quit Claim Deed -- None Available
Trustee Deed $24,356 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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
01/17/2014 01/17/14 Pending -- -- --
07/08/2013 07/08/13 For Sale $35,700 -- $38 / 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
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

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Map

Source: Hive MLS

MLS Number: 100349424

Hive MLS

APN: 8-012-A-222