NOT LISTED FOR SALE

602 Madam Moores Ln New Bern, NC 28562

Estimated Value: $460,000 - $560,000

2 Beds
1.5 Baths
1,400 Sq Ft
$358/Sq Ft Est. Value

Last Sold November 15, 2019

Last sale price $285,000 $204 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,937/month

25 Days on Market

Highlights

  • River Front
  • 1.54 Acre Lot
  • 1 Fireplace
  • Grover C. Fields Middle School Rated 9+
  • Wood Flooring
  • No HOA

About This Home

As of November 2019

SELLER SAYS TO BRING ALL OFFERS! Over 1.5 acres of WATERFRONT with so much potential! You won't want to miss this charming 2 bedroom fixer-upper on a huge 1.5 acre waterfront lot on the Trent River. Make your dream home a reality and enjoy the best of what New Bern has to offer and live the ultimate waterfront lifestyle. Watch the sun rise and set over the river with the Spanish moss blowing in the breeze. Ride into downtown New Bern and enjoy the shopping and restaurants. This waterfront property is chock full of potential, don't miss the opportunity to make it yours! In close proximity to MCAS Cherry Point and world class beaches. Home being sold AS IS.

Last Agent to Sell the Property

DONNA AND TEAM NEW BERN

Keller Williams Realty Listed on: 09/12/2019

Keller Williams Realty

Last Buyer's Agent

DONNA AND TEAM NEW BERN

Keller Williams Realty Listed on: 09/12/2019

Keller Williams Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,374

Year Built

  • Built in 1955

Lot Details

  • 1.54 Acre Lot
  • River Front

Home Design

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

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Water Views
  • Unfinished Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • 1 Car Attached Garage
  • Unpaved Parking

Outdoor Features

  • Patio

Utilities

  • Heating System Uses Oil
  • Heating System Uses Oil Above Ground
  • Heating System Uses Oil Below Ground
  • Fuel Tank
  • On Site Septic
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 7-007-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,374

Year Built

Built in 1955

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: 1955
  • Road Frontage Type: River Front
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Finished - No
  • Dining Room Type: Kitchen
  • Fireplace: 1
  • Flooring: Carpet, Tile, Wood
  • Heated Sq Ft: 1400 - 1599
  • Interior Amenities: 1st Floor Master, Ceiling Fan(s)
  • List Price per Sq Ft: 250.00
  • Master Bedroom Level: Primary Living Area
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2.00
  • Bedrooms: 2
  • Number Rooms: 6
  • Sq Ft Heated: 1400.00
  • Total Heated Primary Separate Sq Ft: 1400.00

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Fencing: None
  • Foundation: See Remarks
  • Porch Balcony Deck: Patio
  • Road Type Frontage: Paved, Public (City/Cty/St)
  • Roof: Architectural Shingle
  • Waterfront: Yes
  • Waterview: Yes

Garage/Parking

  • Attached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: On Site, Unpaved

Utilities

  • Cooling System: None
  • Fuel Tank: Oil Above Ground, Oil Buried
  • Fuel Tank Ownership: Owned
  • Heating System: None
  • Service Providers Electric Provider: City of New Bern
  • Service Providers Sewer Provider: Existing Septic System
  • Service Providers Water Provider: Craven County
  • Utilities: Municipal Water, Septic On Site
  • HeatingSystemFuelSource: Oil

Association/Amenities

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

Lot Info

  • Deed Page: 406.00
  • Lot Acres: 1.54
  • Lot Dimensions: IRR
  • Lot Sq Ft: 67082.00
  • Zoning: Residential

Tax Info

  • Tax Identifier: 7-007-005
  • Tax Year: 2018
  • Total Real Estate Property Taxes: 1373.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2019
Closed on
Nov 14, 2019
Sold by
Selover Jean B
Bought by
Preston Andrew F and Preston Melissa S
Seller's Agent
DONNA AND TEAM NEW BERN
Keller Williams Realty
Buyer's Agent
DONNA AND TEAM NEW BERN
Keller Williams Realty
List Price
$429,500
Sold Price
$285,000
Premium/Discount to List
-$144,500
-33.64%
Current Estimated Value
$501,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$216,617
Avg. Annual Appreciation
10.07%

Purchase Details

Closed on
Jan 1, 1958
Sold by
Selover Donald F and Selover Jean
Bought by
Selover Jean B
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
Preston Andrew F $285,000 --
Selover Jean B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2019 11/15/19 Sold $285,000 -33.6% $204 / Sq Ft
10/07/2019 10/07/19 Pending -- -- --
09/12/2019 09/12/19 For Sale $429,500 -- $307 / 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
2025 $3,666 $865,730 $388,500 $477,230
2024 $1,957 $420,940 $388,500 $32,440
2023 $1,957 $420,940 $388,500 $32,440
2022 $2,267 $387,490 $363,500 $23,990
2021 $2,267 $387,490 $363,500 $23,990
2020 $2,088 $363,500 $363,500 $0
2019 $1,416 $482,570 $363,500 $119,070
2018 $1,374 $482,570 $363,500 $119,070
2017 $1,379 $482,570 $363,500 $119,070
2016 $1,366 $617,860 $504,000 $113,860
2015 $1,515 $617,860 $504,000 $113,860
2014 $3,034 $617,860 $504,000 $113,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100184001

Hive MLS

APN: 7-007-005