1502 Rhem Ave
New Bern, NC 28560
3 bd 2 ba 2,320 sqft Built 1950 Lot 5,663 sqft single_family
Most recent sale
$417,000
Jun 8, 2023
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 29, 2024 | Sold | $425,000 | HiveMLS |
| Apr 1, 2024 | Listed | $425,000 | NCRMLS |
| Jun 8, 2023 | Sold | $417,000 | NCRMLS |
| Apr 17, 2023 | Listed | $410,000 | NCRNeuseRiver |
| Aug 4, 2022 | Sold | $380,000 | MLS #100337613 |
| Jul 7, 2022 | Listed | $375,000 | MLS #100337613 |
| Feb 18, 2014 | Sold | $30,000 | MLS #90091864 |
| Sep 26, 2013 | Listed | $29,959 | MLS #90091864 |
| Nov 6, 2000 | Sold | $79,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $315,250 | $45,000 | $360,250 | $3,079 |
| 2024 | $315,250 | $45,000 | $360,250 | $3,079 |
| 2023 | $315,250 | $45,000 | $360,250 | $3,031 |
| 2022 | $141,640 | $35,000 | $176,640 | $1,900 |
| 2021 | $111,160 | $35,000 | $146,160 | $1,583 |
| 2020 | $111,160 | $35,000 | $146,160 | $1,568 |
| 2019 | $111,160 | $35,000 | $146,160 | $1,568 |
| 2018 | $111,160 | $35,000 | $146,160 | $1,497 |
| 2017 | $61,570 | $35,000 | $96,570 | $1,001 |
| 2016 | $61,570 | $35,000 | $96,570 | $1,001 |
| 2015 | $71,780 | $35,000 | $106,780 | $973 |
| 2014 | $71,780 | $35,000 | $106,780 | $973 |
| 2013 | $71,780 | $35,000 | $106,780 | $973 |
| 2012 | $71,780 | $35,000 | $106,780 | $538 |
| 2011 | $71,780 | $35,000 | $106,780 | $979 |
| 2009 | $63,420 | $15,600 | $79,020 | $518 |
Property facts
Year built
1950
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
2,320 sqft
Lot size
5,663 sqft
ZIP code
28560
City
New Bern
Street
Rhem Ave
Coordinates
35.10631, -77.05970
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
$3,132
Gross rental yield
9.01%
Implied cap rate
5.86%
Trend-extrapolated value
—
Frequently asked questions
When did 1502 Rhem Ave last sell?
1502 Rhem Ave most recently sold on Jun 8, 2023 for $417,000.
What is the current tax assessment for 1502 Rhem Ave?
The most recent total assessment for 1502 Rhem Ave (year 2025) is $360,250 with $3,079 in property tax.
How does 1502 Rhem Ave's assessment compare to its last sale price?
The current assessment is 13.6% below the last sale price of $417,000.
When was 1502 Rhem Ave built?
1502 Rhem Ave was built in 1950.
How does 1502 Rhem Ave compare to others on Rhem Ave?
We track 8 other properties on Rhem Ave. Browse the list under "Other properties on Rhem Ave" to compare beds, baths, and sale history.
What are the property facts for 1502 Rhem Ave?
1502 Rhem Ave is a 3 bed, 2 bath, 2,320 sqft, 5,663 sqft lot single_family.
Is 1502 Rhem Ave a flip candidate?
No — 1502 Rhem Ave does not appear in our flips dataset.
Is 1502 Rhem Ave a tax-appeal candidate?
No — 1502 Rhem Ave is not currently flagged as a tax-appeal candidate.
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 Rhem Ave