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716 Old Cherry Point Rd

New Bern, NC 28560

3 bd 1 ba 1,206 sqft Built 1950 Lot 6,360 sqft single_family
Most recent sale
$40,000
Jul 13, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
May 19, 2023 Listed $105,000 NCRNeuseRiver
Jul 13, 2022 Sold $40,000 MLS #100336159
Jun 28, 2022 Listed $45,000 MLS #100336159
Mar 26, 2013 Sold $8,000 MLS #90088544
Feb 19, 2013 Listing removed $15,000 NCRJacksonville
Feb 11, 2013 Price changed $15,000 MLS #138430
Feb 7, 2013 Listed $15,000 MLS #90088544
Jan 23, 2013 Price changed $19,900 MLS #138430
Jan 14, 2013 Price changed $26,000 MLS #138430
Jan 10, 2013 Relisted $28,600 MLS #138430
Dec 20, 2012 Listing removed $28,600 NCRJacksonville
Dec 12, 2012 Listed $28,600 MLS #138430
Mar 18, 2010 Listing removed $34,000 NCRNeuseRiver
Sep 22, 2009 Listed $34,000 MLS #73900
Jan 13, 2000 Sold $23,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $48,760 $14,000 $62,760 $363
2024 $48,760 $14,000 $62,760 $283
2022 $21,750 $14,000 $35,750 $269
2021 $21,750 $14,000 $35,750 $269
2020 $21,750 $14,000 $35,750 $265
2019 $21,750 $14,000 $35,750 $265
2018 $21,750 $14,000 $35,750 $238
2017 $21,750 $14,000 $35,750 $239
2016 $21,750 $14,000 $35,750 $237
2015 $28,620 $14,000 $42,620 $243
2014 $28,620 $14,000 $42,620 $243
2013 $28,620 $14,000 $42,620 $243
2012 $28,620 $14,000 $42,620 $244
2011 $28,620 $14,000 $42,620 $245
2009 $29,280 $3,900 $33,180 $246

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,206 sqft
Lot size
6,360 sqft
ZIP code
28560
City
New Bern
Street
Old Cherry Point Rd
Coordinates
35.08611, -77.03103

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
$240
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 716 Old Cherry Point Rd last sell?
716 Old Cherry Point Rd most recently sold on Jul 13, 2022 for $40,000.
What is the current tax assessment for 716 Old Cherry Point Rd?
The most recent total assessment for 716 Old Cherry Point Rd (year 2025) is $62,760 with $363 in property tax.
How does 716 Old Cherry Point Rd's assessment compare to its last sale price?
The current assessment is 56.9% above the last sale price of $40,000.
When was 716 Old Cherry Point Rd built?
716 Old Cherry Point Rd was built in 1950.
How does 716 Old Cherry Point Rd compare to others on Old Cherry Point Rd?
We track 8 other properties on Old Cherry Point Rd. Browse the list under "Other properties on Old Cherry Point Rd" to compare beds, baths, and sale history.
What are the property facts for 716 Old Cherry Point Rd?
716 Old Cherry Point Rd is a 3 bed, 1 bath, 1,206 sqft, 6,360 sqft lot single_family.
Is 716 Old Cherry Point Rd a flip candidate?
No — 716 Old Cherry Point Rd does not appear in our flips dataset.
Is 716 Old Cherry Point Rd a tax-appeal candidate?
Yes — 716 Old Cherry Point Rd 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 valuation
Quarterly trend
-8.4%
Implied 1-yr
-33.4%
2026 Q3
$201.4K
2026 Q4
$201.4K
ZIP 28560 — Median Price History + Forecast

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