506 Craven St
New Bern, NC 28560
5 bd 4 ba 3,839 sqft Built 1772 Lot 8,407 sqft single_family
Most recent sale
$479,000
May 6, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 6, 2022 | Sold | $479,000 | MLS #100273880 |
| Mar 24, 2022 | Price changed | $499,500 | MLS #100273880 |
| Nov 20, 2021 | Price changed | $529,000 | MLS #100273880 |
| Oct 21, 2021 | Price changed | $550,000 | MLS #100273880 |
| Oct 5, 2021 | Price changed | $589,000 | MLS #100273880 |
| Oct 4, 2021 | Relisted | $550,000 | MLS #100273880 |
| May 28, 2021 | Listed | $550,000 | MLS #100273880 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $532,050 | $93,240 | $625,290 | $5,291 |
| 2024 | $532,050 | $93,240 | $625,290 | $5,291 |
| 2023 | $532,050 | $93,240 | $625,290 | $5,217 |
| 2022 | $380,790 | $80,000 | $460,790 | $4,862 |
| 2021 | $380,790 | $80,000 | $460,790 | $4,862 |
| 2020 | $380,790 | $80,000 | $460,790 | $4,814 |
| 2019 | $342,960 | $80,000 | $422,960 | $4,423 |
| 2018 | $380,790 | $80,000 | $460,790 | $4,641 |
| 2017 | $379,400 | $80,000 | $459,400 | $4,627 |
| 2016 | $339,010 | $120,000 | $459,010 | $4,623 |
| 2015 | $367,900 | $130,540 | $498,440 | $4,410 |
| 2014 | $367,900 | $130,540 | $498,440 | $4,410 |
| 2013 | $367,900 | $130,540 | $498,440 | $4,410 |
| 2012 | $367,900 | $130,540 | $498,440 | $2,379 |
| 2011 | $367,900 | $130,540 | $498,440 | $4,436 |
| 2009 | $151,910 | $48,750 | $200,660 | $1,272 |
Property facts
Year built
1772
Property type
single_family
Stories
2
Beds
5
Baths
4
Living area
3,839 sqft
Lot size
8,407 sqft
ZIP code
28560
City
New Bern
Street
Craven St
Coordinates
35.10987, -77.03742
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,183
Gross rental yield
12.98%
Implied cap rate
8.44%
Trend-extrapolated value
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Frequently asked questions
When did 506 Craven St last sell?
506 Craven St most recently sold on May 6, 2022 for $479,000.
What is the current tax assessment for 506 Craven St?
The most recent total assessment for 506 Craven St (year 2025) is $625,290 with $5,291 in property tax.
How does 506 Craven St's assessment compare to its last sale price?
The current assessment is 30.5% above the last sale price of $479,000.
When was 506 Craven St built?
506 Craven St was built in 1772.
How does 506 Craven St compare to others on Craven St?
We track 8 other properties on Craven St. Browse the list under "Other properties on Craven St" to compare beds, baths, and sale history.
What are the property facts for 506 Craven St?
506 Craven St is a 5 bed, 4 bath, 3,839 sqft, 8,407 sqft lot single_family.
Is 506 Craven St a flip candidate?
No — 506 Craven St does not appear in our flips dataset.
Is 506 Craven St a tax-appeal candidate?
Yes — 506 Craven St appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-8.4%
Implied 1-yr
-33.4%
2026 Q3
$201.4K
2026 Q4
$201.4K
ZIP 28560 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Craven St