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$575,000

Beds
3
Baths
2.0
sq ft
2,050

406 Metcalf Street, New Bern, NC 28560

406 Metcalf Street

New Bern, NC 28560

  • 387 days on market
    • Price drop $20,000↓
Check out this charming 1880's Victorian beauty! Property not in the Flood Zone and seller doesn't carry Flood insurance. Offset mortgage and insurance with income from guest cottage that generates substantial revenue through the Airbnb platform ($18,290 in 2020, $25,521 in 2021, $24,098 in 2022 and $22,871 in 2023). This property is a short walk to downtown restaurants, shops, parks and local attractions. Well-maintained with many original features and move-in ready. Immediately walking into this house you notice all the intricate details from floor to ceiling. Her history has be preserved. Beautifully refinished hardwood floors, 9.5 foot ceiling, downstairs bath, 5 original and charming fireplaces and media room that is used as 1st floor master bedroom are just a few details that highlight this lovely home. Upstairs is 3 additional bedrooms and a studio with wonderful lighting for either an office or craft room. The 4 seasoned porch provides additional living space and is perfect for entertaining guests. In addition to the 200 sq ft cottage that includes kitchen area, full bath with shower and bedroom there's a screened porch area for guest to enjoy some piece and quiet, the private backyard has mature shade trees, Confederate Jasmine covered gazebo, hot tub hook-up, small decorative pond and storage/garden shed. Rare off street tandem parking for at least 2 vehicles . The large front porch is the perfect spot to wrap up your day. Contact us today for more information about his unique property.

Details

Property type

Single Family Residence

Est. home value

$516,662

Lot size

4,530 sq ft

Price per sq ft

$281

Year built

1870

Price History

08/16/2024
NorthCarolinaRegional

NorthCarolinaRegional #100417305

Price change
$575,000
-3.36%
08/05/2024
NorthCarolinaRegional

NorthCarolinaRegional #100417305

Listed
$595,000
08/01/2024
NorthCarolinaRegional

NorthCarolinaRegional #100417305

Removed
$595,000

Schools & Community

Elementary school: 

Brinson

Middle school: 

Grover C.Fields

High school: 

New Bern

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Newrez Llc

Loan start date

July 2023

Original loan amount

$1,577

Est. remaining balance

$1,545

Interest rate

6.57%

Loan type

FHA, 27 year

Seller

Katherine E Wyant

Lender

Newrez Llc

Loan start date

February 2022

Original loan amount

$17,552

Est. remaining balance

$16,406

Interest rate

3.22%

Loan type

FHA, 28 year

Seller

Ktherine E Wyant

Lender

Newrez Llc

Loan start date

May 2021

Original loan amount

$29,542

Est. remaining balance

$27,187

Interest rate

3.18%

Loan type

FHA, 29 year

Seller

Katherine E Wyant

Lender

Newrez Llc

Loan start date

December 2019

Original loan amount

$320,309

Est. remaining balance

$288,236

Interest rate

3.69%

Loan type

FHA, 30 year

Seller

Katherine E Wyant

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/25/2024 at 8:55 PM

Listing updated: 12/07/2024 at 4:42 PM

Listed by: DONNETTE HANCOCK, NorthGroup Phone #: (252) 649-9788

MLS: NorthCarolinaRegional #100417305

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