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524 Watson Avenue

524 Watson Avenue, New Bern, NC 28560
Property in Craven
Sold May 08, 2017
$97,500
$78,000 by Quicken Loans Inc
Mortgage Due Jun 01, 2047
Sold Jan 01, 1982
Transfer
524 Watson Avenue has been categorized by the local assessors in New Bern, NC as a residential type of property. The building on the property was first built in 1945 and is 79 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 524 Watson Avenue has 1,971 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 14,941 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of composition shingle. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of finished/painted materials. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a heat pump. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 524 Watson Avenue sold most recently in May 7, 2017 for a total of $97,500. If you work out the math, that's approximately a cost of $49.47 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,548 in taxes each year. 524 Watson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $180,350. If we break it down further, the land itself was valued at $32,000. Improvements to the property, however, were assessed at a total of $148,350. The property's total market value has been marked the same as the total assessed value which is pretty typical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Finished/painted materials
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,941
  • Total Building Area: 1,971
  • Building Area: 1,971
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,971
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLEVELAND PARK
  • Land Acres: 0.343
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 119 & 120 CLEVELAND PARK

Ownership

  • Current Owner : CROMWELL KATHE JAYNE
  • Current Owner 2: CROMWELL JOHN L
  • Previous Owner : GREER VIRGINIA B
  • Owner Before Previous Owner: GREER JIMMY L
  • Owner Before Previous Owner 2: GREER VIRGINIA B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Craven County Schools
  • Census Tract: 960800

Zoning

  • Zoning: NR6

Geography

  • Account Number: 115433
  • Parcel: 8-016 -017
  • Municipality: NEW BERN
  • Latitude: 35.1212
  • Longitude: -77.053

    Address

  • Full Address: 524 Watson Ave
  • Address - House Number: 524
  • Address - Street Name: Watson
  • Address - Suffix Type: Ave
  • State: NC
  • City Name: New Bern
  • Carrier Code: C005
  • 4-Digit Zip Code: 3146
  • Zip Code: 28560

Valuation

    Tax

  • Total Area: 2,802
  • Tax Year: 2023
  • Tax Amount: $1,548
  • Tax Rate Code Area: NEW BERN

    Appraisal Valuation

  • Standard Deviation: 0.2052
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 72
  • Final Value: 207,899
  • High Value: 250,566
  • Low Value: 165,232

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: May 08, 2017
  • First Open Lien Mortgage Loan Amount: $78,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $180,350
  • Market Land Value: $32,000
  • Market Improvement Value: $148,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $180,350
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $148,350

    Sales

  • Current Sale Contract Date: May 07, 2017
  • Current Sale Recording Date: May 08, 2017
  • Current Sale Transaction ID: 1811797021
  • Current Sale Price: $97,500
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Jan 01, 1982
  • Previous Sale Contract Date: Jan 01, 1982
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: May 08, 2017
  • First Mortgage Loan Amount: $78,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

About New Bern



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 524 Watson Avenue located in?
The 524 Watson Avenue is a located in the neighborhood of Craven in New Bern, New Bern.
What is the average sales price for listings in 524 Watson Avenue?
The average sales price for units in 524 Watson Avenue is $0 currently.

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