NOT LISTED FOR SALE

847 Pasteur St New Bern, NC 28560

Estimated Value: $569,000 - $764,000

3 Beds
1 Bath
1,318 Sq Ft
$535/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $350,000 $266 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,021/month

52 Days on Market

Highlights

  • No HOA
  • Central Air
  • Combination Dining and Living Room
  • Porch

About This Home

As of July 2021

6 homes for sale on one parcel of land, 3 homes have been updated and 855 is being rehabbed now. Should be finished in 30-45 days. Tenants have put in application for 855 Pasteur when rehab is done and it rents for 750.00. Other five properties are rented and some tenants have been there for a few years. Most of the homes have new metal roofs, 857 Pasteur is having a new HVAC installed in about 2 weeks or less. All homes have natural gas heat and crawlspaces were sealed by previous owner. Owner takes care of lawn. Great location and convenient to downtown New Bern. Owner has all records on rehabs and all maintenance cost over last 5 years. Homes are now in really great shape and the owner wants to do a 1031 exchange into another investment property. Owner is the listing agent and manager of properties and is a active agent that sales real estate in North Carolina.

Last Agent to Sell the Property

Pro Realty Sales Inc TEAM

Pro Realty Sales Inc License #213455 Listed on: 04/13/2021

Last Buyer's Agent

Bo Allen

CCA Real Estate License #240127

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,272

Year Built

  • Built in 1920

Lot Details

  • 0.57 Acre Lot
  • Property is zoned R-8

Home Design

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

Interior Spaces

  • 1,318 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Parking

  • Shared Driveway
  • Dirt Driveway

Outdoor Features

  • Porch

Utilities

  • Central Air
  • Heat Pump System
  • Community Sewer or Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8-003-106

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,272

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential
  • Sub Type: Single Family Residence
  • Auction: No
  • Cobra Zone: No
  • Construction: Wood Frame
  • Construction Type: Stick Built
  • Cooling System: Central
  • Deed Page: 744.00
  • Directions To Property: Simmons Street to MLK Blvd towards downtown. Slight left onto Queen Street, turn left onto Pasteur Street, destination is on the left.
  • Document Count: 5
  • Fencing: None
  • Fireplace: None
  • Foundation: Slab
  • Fuel Tank: None
  • H O A: No
  • H O Aand Neighborhood Amenities: No Amenities
  • Listing I D: 100265986
  • List Priceper Sq Ft: 303.41
  • Location Type: Mainland
  • Lot Acres: 0.57
  • Lot Dimensions: .57
  • Lot Sq Ft: 24829.00
  • Marketing City: New Bern
  • M L S Approved: Y
  • New Construction: No
  • Porch Balcony Deck: Porch
  • Prospect Exempt: No
  • Road Type Frontage: Public (City/Cty/St)
  • Secondary Subdivision: N/A
  • Service Providers Electric Provider: City of New Bern
  • Service Providers Sewer Provider: City of New Bern
  • Service Providers Water Provider: City of New Bern
  • Sign On Property: No
  • Special Assessments: none known
  • Sq Ft Heated: 1318.00
  • State Province: NC
  • Stipulation Of Sale: None
  • Stories: 2.0
  • Stories Levels: Two
  • Subdivision: Other
  • Tax Identifier: 8-003-106
  • Tax Year: 2020
  • Terms: Cash, Conventional
  • Total City Real Estate Property Tax: 1828.79
  • Total Real Estate Property Taxes: 4272.44
  • Total Heated Primary Separate Sq Ft: 1318.00
  • Year Built: 1920
  • Zoning: R-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Dining Room Type: Combination
  • Interior Amenities: None
  • Master Bedroom Level: Non Primary Living Area
  • Full Bathrooms: 1
  • Total Bathrooms: 1.00
  • Bedrooms: 3

Exterior Features

  • Exterior Features: None
  • Exterior Finish: Vinyl Siding
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Driveway: Dirt, Shared

Utilities

  • Heated Sq Ft: 1200 - 1399
  • Heating System: Heat Pump
  • Utilities: Community Sewer, Community Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2024
Sold by
Tpw Residential Investments Llc
Bought by
New Bern Preservation Foundation Inc
Current Estimated Value
$704,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$165,906
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$538,797

Purchase Details

Closed on
Sep 22, 2023
Sold by
Jdb Properties Llc
Bought by
Tpw Residential Investments Llc

Purchase Details

Listed on
Apr 13, 2021
Closed on
Jul 12, 2021
Sold by
Sanderson Holdings Llc
Bought by
Jdb Properties Llc
Seller's Agent
Pro Realty Sales Inc TEAM
Pro Realty Sales Inc
Buyer's Agent
Bo Allen
CCA Real Estate
List Price
$399,900
Sold Price
$350,000
Premium/Discount to List
-$49,900
-12.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.87%
Original Mortgage
$280,000
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 16, 2017
Sold by
Corcoran Sean and Corcoran Allison A
Bought by
Home Healers Llc

Purchase Details

Closed on
Dec 4, 1998
Sold by
Quinn John G and Quinn Jacqueline B
Bought by
Corcoran Sean and Corcoran Allison A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
New Bern Preservation Foundation Inc $770,000 None Listed On Document
Tpw Residential Investments Llc $525,000 None Listed On Document
Jdb Properties Llc $350,000 None Available
Home Healers Llc $200,000 None Available
Corcoran Sean $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open New Bern Preservation Foundation Inc $300,000
Previous Owner Jdb Properties Llc $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $350,000 -12.5% $266 / Sq Ft
06/04/2021 06/04/21 Pending -- -- --
04/13/2021 04/13/21 For Sale $399,900 -- $303 / 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 $4,029 $430,920 $30,000 $400,920
2024 $4,029 $430,920 $30,000 $400,920
2023 $3,914 $430,920 $30,000 $400,920
2022 $4,313 $379,260 $30,000 $349,260
2021 $4,240 $372,270 $30,000 $342,270
2020 $4,272 $379,260 $30,000 $349,260
2019 $3,324 $287,280 $30,000 $257,280
2018 $3,483 $326,880 $30,000 $296,880
2017 $3,483 $326,880 $30,000 $296,880
2016 $3,483 $341,280 $30,000 $311,280
2015 $3,211 $341,280 $30,000 $311,280
2014 $3,211 $341,280 $30,000 $311,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100265986

Hive MLS

APN: 8-003-106