NOT LISTED FOR SALE

5201 Morton Rd New Bern, NC 28562

Estimated Value: $239,000 - $261,000

3 Beds
2 Baths
1,170 Sq Ft
$214/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $130,000 $111 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $1,460/month

139 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Fireplace
  • No HOA
  • Albert H. Bangert Elementary School Rated A-
  • Corner Lot
  • Intercom

About This Home

As of November 2019

CHECK OUT THE NEW PHOTOS!! Fresh paint through out including the kitchen cabinets. Pre-inspected & a 1 Year Home Warranty already included through America's Preferred Home Warranty, no need to ask! This one sure has the three L's of real estate! Location, Location, Location!! Have you been desiring low traffic, short distance to shopping & entertainment, topped with peace and quiet? Look no further! Cypress Shores is your solution and this home won't sit on the market long. Highly desired neighborhood nestled right in the heart of New Bern. Quick commute to Cherry Point, Camp Lejune, & all that New Bern has to offer. This cozy three bedroom two bathroom ranch is on an ample corner lot with a great double landing driveway with room for boat or RV storage and a one car garage with tons of built in storage. Come take a look at this beautiful Lakeview Estates original and see yourself soaking up some Carolina sun in this great backyard or creating a shady oasis under the mature trees nestled in the corner of this beautiful yard. And if that isn't enough, this home also features the highly desired Duke Energy Progress for the electrical service provider!

Last Agent to Sell the Property

Eric Thompson

Thompson Homes Real Estate Group License #302224 Listed on: 06/01/2019

Thompson Homes Real Estate Group

Last Buyer's Agent

Eric Thompson

Thompson Homes Real Estate Group License #302224 Listed on: 06/01/2019

Thompson Homes Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,244

Year Built

  • Built in 1985

Lot Details

  • 0.38 Acre Lot
  • Corner Lot

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Architectural Shingle Roof
  • Vinyl Siding
  • Stick Built Home

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Combination Dining and Living Room
  • Pull Down Stairs to Attic

Kitchen

  • Stove
  • Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Home Security

  • Intercom
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Driveway

Outdoor Features

  • Open Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lakeview Estates Subdivision

Listing and Financial Details

  • Tax Lot 57
  • Assessor Parcel Number 8-207-4-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,244

Year Built

Built in 1985

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: 1.0
  • Stories Levels: One
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Attic: Stairs - Pull Down
  • Basement: None
  • Dining Room Type: Combination, Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile, Vinyl
  • Heated Sq Ft: 1000 - 1199
  • Interior Amenities: 1st Floor Master, Smoke Detectors, Walk-in Shower, Intercom/Music, Ceiling Fan(s), Ceiling - Vaulted
  • Laundry Location: Garage, Hookup - Dryer, Hookup - Washer
  • List Price per Sq Ft: 128.21
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 6
  • Bedroom 1 Level: Ground
  • Bedroom 2 Level: Ground
  • Dining Room Level: Ground
  • Kitchen Level: Ground
  • Living Room Level: Ground
  • Primary Bedroom Level: Ground
  • Sq Ft Heated: 1170.00
  • Total Heated Primary Separate Sq Ft: 1170.00

Exterior Features

  • Exterior Features: Storm Doors
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: Slab
  • Porch Balcony Deck: Open, Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: No

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Garage And Parking Driveway Spaces: 4.00
  • Garage And Parking R V Boat Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Paved

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Vent Hood, Refrigerator
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Forced Air, Heat Pump
  • Service Providers Electric Provider: Duke Progress Energy
  • Service Providers Water Provider: City of New Bern
  • Utilities: Community Sewer Available, Municipal Water, Septic On Site
  • Water Heater: Electric

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: Street Lights

Lot Info

  • Deed Page: 740.00
  • Lot Acres: 0.38
  • Lot Description: Corner Lot
  • Lot Number: 57
  • Lot Sq Ft: 16553.00
  • Lot Water Features: None
  • Plat Book: D
  • Plat Page: 449
  • Zoning: Residential

Tax Info

  • Tax Identifier: 8-207-4-057
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 1244.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Nov 7, 2019
Sold by
Wright Debra L and Wright James D
Bought by
Petrino Michael W
Seller's Agent
Eric Thompson
Thompson Homes Real Estate Group
Buyer's Agent
Eric Thompson
Thompson Homes Real Estate Group
List Price
$160,000
Sold Price
$130,000
Premium/Discount to List
-$30,000
-18.75%
Current Estimated Value
$250,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,879
Avg. Annual Appreciation
11.83%
Original Mortgage
$126,100
Outstanding Balance
$111,028
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$139,851

Purchase Details

Closed on
Jun 4, 2009
Sold by
Bellman Robert L
Bought by
Bellman Debra L
Source: Public Records

Range of Values:

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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
Petrino Michael W $130,000 --
Bellman Debra L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Petrino Michael W $126,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2019 11/20/19 Sold $130,000 -18.8% $111 / Sq Ft
10/18/2019 10/18/19 Pending -- -- --
06/01/2019 06/01/19 For Sale $160,000 0.0% $137 / Sq Ft
05/16/2014 05/16/14 Rented -- -- --
05/16/2014 05/16/14 Under Contract -- -- --
09/23/2013 09/23/13 For Rent $950 -- --
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 $1,564 $178,780 $50,000 $128,780
2024 $1,564 $178,780 $50,000 $128,780
2023 $1,535 $178,780 $50,000 $128,780
2022 $1,319 $120,800 $40,000 $80,800
2021 $1,319 $120,800 $40,000 $80,800
2020 $1,306 $120,800 $40,000 $80,800
2019 $1,306 $120,800 $40,000 $80,800
2018 $0 $120,800 $40,000 $80,800
2017 $1,243 $120,800 $40,000 $80,800
2016 $1,243 $132,720 $44,000 $88,720
2015 $1,201 $132,720 $44,000 $88,720
2014 -- $132,720 $44,000 $88,720
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100168511

Hive MLS

APN: 8-207-4-057