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1408 Phillips Ave

New Bern, NC 28562

3 bd 2 ba 1,502 sqft Built 1961 Lot 15,682 sqft single_family
Most recent sale
$225,000
May 27, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 6, 2024 Listing removed $1,600 HiveMLS
Aug 1, 2023 Sold $229,500 HiveMLS
May 24, 2023 Listed for rent $1,600 HiveMLS
May 17, 2023 Listed for rent $1,600 NCRNeuseRiver
Feb 16, 2023 Listing removed $1,600 NCRNeuseRiver
Nov 3, 2022 Price changed $219,000 NCRNeuseRiver
Oct 19, 2022 Listed $239,900 MLS #100354282
May 27, 2022 Sold $225,000 MLS #100320350
Apr 4, 2022 Listed $225,000 MLS #100320350

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $156,460 $32,000 $188,460 $1,645
2024 $156,460 $32,000 $188,460 $1,645
2022 $73,960 $25,000 $98,960 $1,091
2021 $73,960 $25,000 $98,960 $1,091
2020 $73,960 $25,000 $98,960 $1,081
2019 $73,960 $25,000 $98,960 $1,081
2018 $73,960 $25,000 $98,960 $1,025
2017 $73,960 $25,000 $98,960 $1,025
2016 $73,960 $25,000 $98,960 $1,025
2015 $87,210 $30,000 $117,210 $1,065
2014 $87,210 $30,000 $117,210 $1,065
2013 $87,210 $30,000 $117,210 $1,065
2012 $87,210 $30,000 $117,210 $587
2011 $88,350 $30,000 $118,350 $1,081
2009 $44,240 $19,500 $63,740 $425

Property facts

Year built
1961
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,502 sqft
Lot size
15,682 sqft
ZIP code
28562
City
New Bern
Street
Phillips Ave
Coordinates
35.12214, -77.07706

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
$2,028
Gross rental yield
10.82%
Implied cap rate
7.03%
Trend-extrapolated value

Frequently asked questions

When did 1408 Phillips Ave last sell?
1408 Phillips Ave most recently sold on May 27, 2022 for $225,000.
What is the current tax assessment for 1408 Phillips Ave?
The most recent total assessment for 1408 Phillips Ave (year 2025) is $188,460 with $1,645 in property tax.
How does 1408 Phillips Ave's assessment compare to its last sale price?
The current assessment is 16.2% below the last sale price of $225,000.
When was 1408 Phillips Ave built?
1408 Phillips Ave was built in 1961.
How does 1408 Phillips Ave compare to others on Phillips Ave?
We track 8 other properties on Phillips Ave. Browse the list under "Other properties on Phillips Ave" to compare beds, baths, and sale history.
What are the property facts for 1408 Phillips Ave?
1408 Phillips Ave is a 3 bed, 2 bath, 1,502 sqft, 15,682 sqft lot single_family.
Is 1408 Phillips Ave a flip candidate?
No — 1408 Phillips Ave does not appear in our flips dataset.
Is 1408 Phillips Ave a tax-appeal candidate?
No — 1408 Phillips Ave 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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