NOT LISTED FOR SALE

702 Craven St New Bern, NC 28560

Estimated Value: $665,000 - $763,000

3 Beds
2 Baths
3,168 Sq Ft
$233/Sq Ft Est. Value

Last Sold October 17, 2022

Last sale price $625,000 $197 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,328/month

17 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Home Office
  • 3 Fireplaces
  • No HOA
  • Formal Dining Room

About This Home

As of October 2022

An Unbelievable opportunity has arrived to own a part of history in our beautiful historic area of New Bern. This home was constructed in 1879 by the Hancock family. From 1985-2002 it was remolded by the previous owners. In 2021 this home made another transformation of life. The floors are a combination of knotty pine and Brazilian cherry totally restored. The kitchen features quartz counter tops with a separate pantry. The dining room is breath taking. Bedroom downstairs that has been converted to a family room that transitions into the Formal Living room. Make your way upstairs where all the carpet was removed, and the hardwoods restored. The front bedroom which features raw mahogany walls have been painted to modernize this room. Step into your master with beautiful window views. Next up is your office with built in shelves. A real must see! Take a walk downtown and to the river. Beautiful Landscaping, fully painted inside and outside of home.

Last Agent to Sell the Property

Sam Petrides

Sentry Residential License #221721 Listed on: 07/21/2022

Last Buyer's Agent

Sam Petrides

Sentry Residential License #221721 Listed on: 07/21/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,070

Year Built

  • Built in 1879

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 57.25x109x57.25x109
  • Corner Lot

Home Design

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

Interior Spaces

  • 3,168 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • 3 Fireplaces
  • Blinds
  • Living Room
  • Formal Dining Room
  • Home Office
  • Wood Flooring
  • Crawl Space
  • Storm Windows
  • Laundry Room

Kitchen

  • Stove
  • Built-In Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 1 Car Detached Garage
  • Driveway

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Electric Water Heater
  • Municipal Trash

Community Details

  • No Home Owners Association
  • New Bern Downtown Historic Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8-003-210

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,070

Year Built

Built in 1879

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: 1879
  • Trash Collection: City Pick-UP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Formal
  • Fireplace: 3+
  • Flooring: Wood
  • Heated Sq Ft: 3000 - 3499
  • Interior Amenities: 9Ft+ Ceilings, Walk-in Shower, Pantry, Blinds/Shades
  • Laundry Location: Room
  • List Price per Sq Ft: 205.18
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 2
  • Total Bathrooms: 2.00
  • Bedrooms: 3
  • Number Rooms: 11
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Dining Room Level: First
  • Laundry Level: Second
  • Living Room Level: First
  • Primary Bedroom Level: Second
  • Office Level: Second
  • Other Level: Second
  • Sq Ft Heated: 3168.00
  • Total Heated Primary Separate Sq Ft: 3168.00

Exterior Features

  • Exterior Features: Storm Windows
  • Exterior Finish: Wood Siding
  • Fencing: None
  • Foundation: Crawl Space
  • Porch Balcony Deck: Porch
  • Road Type Frontage: Public (City/Cty/St)
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Detached Garage Spaces: 1.00
  • Total Garage Spaces: 1.00
  • Parking Driveway: Detached

Utilities

  • Appliances Equipment: Dishwasher, Stove/Oven - Electric, Refrigerator, Microwave - Built-In
  • Cooling System: Central
  • Fuel Tank: None
  • Heating System: Heat Pump
  • Service Providers Electric Provider: City of New Bern
  • Utilities: Natural Gas Connected, Sewer Connected
  • Water Heater: Electric
  • HeatingSystemFuelSource: Natural Gas

Association/Amenities

  • HOA: No
  • HOA and Neighborhood Amenities: See Remarks

Lot Info

  • Deed Page: 589.00
  • Lot Acres: 0.13
  • Lot Description: Corner Lot
  • Lot Dimensions: 57.25x109x57.25x109
  • Lot Sq Ft: 5663.00

Tax Info

  • Tax Identifier: 8-003-210
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Oct 13, 2022
Sold by
Petrides Sam Pete and Petrides Christi Racquelle
Bought by
Vasques Christopher Paul and Hughes Frances Oconnell
Seller's Agent
Sam Petrides
Sentry Residential
Buyer's Agent
Sam Petrides
Sentry Residential
List Price
$650,000
Sold Price
$625,000
Premium/Discount to List
-$25,000
-3.85%
Views
74
Current Estimated Value
$736,590

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,590
Avg. Annual Appreciation
5.15%
Original Mortgage
$400,000
Outstanding Balance
$384,355
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$340,347

Purchase Details

Listed on
Oct 9, 2021
Closed on
Nov 17, 2021
Sold by
Newton Pamela H and Newton Family Revocable Trust
Bought by
Petrides Sam and Petrides Christi
Seller's Agent
Lana Cieszko
1ST IN FLIGHT PROPERTIES
Buyer's Agent
Sam Petrides
Sentry Residential
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.05%
Original Mortgage
$405,000
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2001
Sold by
Newton Carl and Newton Pamela
Bought by
Newton Carl W
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
Vasques Christopher Paul $650,000 Sterling Title
Petrides Sam $450,000 None Available
Newton Carl W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasques Christopher Paul $400,000
Previous Owner Petrides Sam $405,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $625,000 -3.8% $197 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
07/21/2022 07/21/22 For Sale $650,000 +44.4% $205 / Sq Ft
11/22/2021 11/22/21 Sold $450,000 0.0% $142 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/08/2021 10/08/21 For Sale $450,000 0.0% $142 / Sq Ft
01/01/2015 01/01/15 Rented -- -- --
01/01/2015 01/01/15 Under Contract -- -- --
07/04/2014 07/04/14 For Rent $1,300 +2.0% --
05/05/2013 05/05/13 Rented -- -- --
05/05/2013 05/05/13 Under Contract -- -- --
09/30/2012 09/30/12 For Rent $1,275 -- --
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 $5,070 $598,650 $43,000 $555,650
2023 $4,998 $598,650 $43,000 $555,650
2022 $4,441 $420,330 $80,000 $340,330
2021 $4,441 $420,330 $80,000 $340,330
2020 $4,396 $420,330 $80,000 $340,330
2019 $3,695 $352,320 $80,000 $272,320
2018 $4,031 $399,780 $80,000 $319,780
2017 $4,031 $399,780 $80,000 $319,780
2016 $4,092 $369,980 $60,200 $309,780
2015 $3,283 $369,980 $60,200 $309,780
2014 $3,283 $369,980 $60,200 $309,780
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100340359

Hive MLS

APN: 8-003-210