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2505 Fairwoods Ln

New Bern, NC 28562

3 bd 3 ba 1,701 sqft Built 1987 Lot 11,326 sqft single_family
Most recent sale
$220,000
Jun 3, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 14, 2025 Sold $250,000 HiveMLS
Jun 3, 2022 Sold $220,000 MLS #100321542
Apr 15, 2022 Listed $209,900 MLS #100321542
Mar 20, 2018 Sold $149,900 MLS #100094142
Feb 16, 2018 Price changed $149,900 MLS #100094142
Dec 22, 2017 Listed $154,900 MLS #100094142
Oct 21, 2016 Listing removed $154,900 NCRNeuseRiver
Sep 15, 2016 Price changed $154,900 MLS #100023912
Sep 9, 2016 Listing removed $1,100 NCRNeuseRiver
Jul 24, 2016 Listed $159,900 MLS #100023912
Jul 13, 2016 Listed for rent $1,100 NCRNeuseRiver
Nov 18, 2013 Listing removed $1,175 NCRNeuseRiver
Oct 14, 2013 Listing removed $1,175 NCRNeuseRiver
Sep 23, 2013 Price changed for rent $1,175 NCRNeuseRiver
Jun 1, 2013 Listed for rent $1,275 NCRNeuseRiver
May 16, 2013 Listed for rent $1,175 NCRNeuseRiver
Aug 1, 2008 Sold $165,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $206,300 $40,000 $246,300 $2,128
2024 $206,300 $40,000 $246,300 $2,128
2023 $206,300 $40,000 $246,300 $2,091
2022 $136,810 $23,500 $160,310 $1,730
2021 $136,810 $23,500 $160,310 $1,730
2020 $136,810 $23,500 $160,310 $1,714
2019 $136,810 $23,500 $160,310 $1,714
2018 $136,810 $23,500 $160,310 $1,638
2017 $136,810 $23,500 $160,310 $1,638
2016 $136,810 $23,500 $160,310 $1,638
2015 $134,780 $36,000 $170,780 $1,535
2014 $134,780 $36,000 $170,780 $1,535
2013 $134,780 $36,000 $170,780 $1,535
2012 $134,780 $36,000 $170,780 $839
2011 $134,780 $36,000 $170,780 $1,544
2009 $99,730 $22,100 $121,830 $779

Property facts

Year built
1987
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,701 sqft
Lot size
11,326 sqft
ZIP code
28562
City
New Bern
Street
Fairwoods Ln
Coordinates
35.11144, -77.09159

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,296
Gross rental yield
12.52%
Implied cap rate
8.14%
Trend-extrapolated value

Frequently asked questions

When did 2505 Fairwoods Ln last sell?
2505 Fairwoods Ln most recently sold on Jun 3, 2022 for $220,000.
What is the current tax assessment for 2505 Fairwoods Ln?
The most recent total assessment for 2505 Fairwoods Ln (year 2025) is $246,300 with $2,128 in property tax.
How does 2505 Fairwoods Ln's assessment compare to its last sale price?
The current assessment is 12.0% above the last sale price of $220,000.
When was 2505 Fairwoods Ln built?
2505 Fairwoods Ln was built in 1987.
How does 2505 Fairwoods Ln compare to others on Fairwoods Ln?
We track 2 other properties on Fairwoods Ln. Browse the list under "Other properties on Fairwoods Ln" to compare beds, baths, and sale history.
What are the property facts for 2505 Fairwoods Ln?
2505 Fairwoods Ln is a 3 bed, 3 bath, 1,701 sqft, 11,326 sqft lot single_family.
Is 2505 Fairwoods Ln a flip candidate?
No — 2505 Fairwoods Ln does not appear in our flips dataset.
Is 2505 Fairwoods Ln a tax-appeal candidate?
No — 2505 Fairwoods Ln is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+0.9%
Implied 1-yr
+3.6%
2026 Q3
$372.9K
2026 Q4
$376K
ZIP 28562 — Median Price History + Forecast

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