Tbd Elizabeth Avenue, New Bern, NC 28562
$120,000
Property Type:
Land
Lot Size (sq. ft.):
273,992
Status:
Closed
Current Price:
$120,000
List Date:
5/09/2023
Last Modified:
12/30/2025
Description
Development opportunity in Derby Park. 6.29 acres ideally suited to multifamily or single family homes. Derby Park did not experience flooding from rising waters during Hurricane Florence. This property is not located in a designed Special Hazard Flood Zone. Property is not currently subject to HOA or POA. Please review the deed for property restrictions. Call the listing agent to learn more about the development opportunities.
More Information MLS# 100383459
Contract Info
Delayed Marketing?: No
Sub-Type: Residential Land
Auction: No
List Price/Acre: 25437.2
Stipulation of Sale: Standard
Status: Closed
Marketing Start Date: 2023-05-09
Listing Price: 160000
Current Price: $120,000
Location Information
City Limits: Yes
Marketing City: New Bern
Secondary Subdivision: N/A
Street #: Tbd
Street Name: Elizabeth
Street Suffix: Avenue
County: Craven
State/Province: NC
Zip Code: 28562
Subdivision: Elizabeth Downs
Geo Lat: 35.127046
Geo Lon: -77.10972
Remarks and Showing
Sign on Property: Yes
Directions to Property: Racetrack Road to Elizabeth Ave, drive towards the end of Elizabeth Ave, property will be on the left. Look for 4x4 sign.
Property Exterior Info
Acres - Total: 6.29
Lot Dimensions: Irregular
Lot SqFt: 273992
Deed Restriction: Yes
Waterfront: No
Total Road Frontage: 60
Waterview: No
Location Type: Mainland
Water Frontage: 0
Horses Y/N: No
Legal and Taxes
Tax Assessed Value: 157250
Deed Book: 2425
Deed Page: 907
Legal: Tract 1 Elizabeth Downs Phase 1
Broker Owner: No
PID: 8-240-H-001
Tax Identifier: 8-240-H-001
Plat Book: Cabinet G
Plat Page: Slide 178-H
Total Real Estate Property Taxes: 1639
Special Assessments: none
Deferred Taxes: No
Tax Year: 2022
Zoning: R10-A
Cobra Zone: No
Elementary School: Trent Park
Middle School: H. J. MacDonald
High School: New Bern
Current Use
Residential: 1
Bldgs on Property
None: 1
HOA and Neigh Amenities
No Amenities: 1
Soil Evaluation
Soil Evaluation - No: 1
Topography
Undeveloped: 1
Wooded: 1
See Remarks: 1
Lot Water Features
None: 1
Current Service Providers
Electric Provider: City of New Bern
Sewer Provider: City of New Bern
Water Provider: City of New Bern
Terms
1031 Exchange: 1
Cash: 1
Will Not Divide: 1
Fencing
None: 1
Fuel Tank
None: 1
Environmental Hazard
Unknown: 1
Lot Description
Subdivision: 1
Wooded: 1
Road Type/Frontage
Maintained: 1
Paved: 1
Public (City/Cty/St): 1
Utilities
Sewer Available: 1
Water Available: 1
Sewer
Municipal Sewer: 1
Water Source
Municipal Water: 1
Status Change Info
Under Contract Date: 2023-05-15
Sold Price: $120,000
Sold Date: 2023-09-14
Property Features
Current Use: Residential
Bldgs on Property: None
Soil Evaluation: Soil Evaluation - No
Topography: Undeveloped; Wooded; See Remarks
Fencing: None
Fuel Tank: None
Environmental Hazard: Unknown
Lot Description: Subdivision; Wooded
Utilities: Sewer Available; Water Available
Sewer: Municipal Sewer
Water Source: Municipal Water
Lot Water Features: None
HOA and Neigh Amenities: No Amenities
Terms: 1031 Exchange; Cash; Will Not Divide
Listing Office:
NorthGroup
IDX
Last Updated: December - 30 - 2025
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