$10,500
SOLD NOV 8, 2018

516 2nd Ave New Bern, NC 28560

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

Recently Sold

$11 Per Sq Ft

38% Below List Price

15 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Porch
  • Central Air
  • No HOA

About This Home

As of May 2023

Great investment property in the heart of downtown New Bern! Located one block of Broad Street, home is in need of the right amount of TLC! In walking distance of downtown New Bern shopping and restaurants!

Last Agent to Sell the Property

DONNA AND TEAM NEW BERN

Keller Williams Realty Listed on: 09/06/2017

Keller Williams Realty

Last Buyer's Agent

Rowland Bowen

Keller Williams Realty License #211446

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $520

Year Built

  • Built in 1925

Lot Details

  • 3,093 Sq Ft Lot
  • Chain Link Fence

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 950 Sq Ft Home
  • 2-Story Property
  • Crawl Space

Bedrooms and Bathrooms

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

Parking

  • On-Site Parking
  • Off-Street Parking

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System

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

$520

Year Built

Built in 1925

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: 2.0
  • Stories Levels: Two
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Kitchen
  • Fireplace: None
  • Heated Sq Ft: 800 - 999
  • Interior Amenities: None
  • List Price per Sq Ft: 17.89
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Sq Ft Heated: 950.00
  • Total Heated Primary Separate Sq Ft: 950.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: Chain Link
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Off Street, On Site

Utilities

  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Utilities: Community Water Available

Association/Amenities

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

Lot Info

  • Deed Page: 150.00
  • Lot Acres: 0.07
  • Lot Sq Ft: 3093.00
  • Zoning: Residential

Tax Info

  • Tax Identifier: 8-012-A-222
  • Tax Year: 2017

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
16.19%

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
17.27%

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:

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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 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: 100080718

Hive MLS

APN: 8-012-A-222