702 Craven St New Bern, NC 28560
Estimated Value: $669,000 - $768,000
3
Beds
2
Baths
3,168
Sq Ft
$229/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Home Office
- 3 Fireplaces
- No HOA
- Formal Dining Room
About This Home
As of October 2022An 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.
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
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%
Total Days on Market
17
Views
74
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,702
Avg. Annual Appreciation
5.90%
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
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Similar Homes in New Bern, NC
Home Values in the Area
Average Home Value in this Area
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
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
-
Sam Petrides
Seller's Agent in 2022
Sam Petrides
Sentry Residential
(919) 428-1181
3 in this area
97 Total Sales
-
Lana Cieszko
Seller's Agent in 2021
Lana Cieszko
1ST IN FLIGHT PROPERTIES
(252) 444-1904
1 in this area
8 Total Sales
Map
Source: Hive MLS
MLS Number: 100340359
APN: 8-003-210
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