503 Franklin Ave, New Bern, NC 28560 Property Records

Craven County property record for 503 Franklin Ave, New Bern, NC 28560

Property Summary

Property Type	Single Family Home
Details	2 bd · 2 ba · 1,305 sqft · built 1940
Lot Size	0.295 acres (12,834 sqft)
Owner	Individual Name on File
Last Sale	$215,000 (Nov 2024)
Tax Bill	$1,562 (2026)
Deeds & Mortgages	Oct 2021 Sale & Mortgage
Flood Zone	Zone X (minimal risk)
APN	`8-025-197`

Property Details

APN / Parcel Number

Primary APN	`8-025-197`
Alternative APNs	`125915` `105160`

Interior

Bedrooms	2 Beds
Full Baths	2 Baths
Total Rooms	5 Rooms
Stories	1 Story
Building Area	1,305 sqft Living Area
1st Floor Area	1,305 sqft
Interior Walls	Finished/Painted

Exterior

Year Built	Built 1940
Effective Year Built	Effective 1940
Exterior Material	Aluminum/Vinyl
Foundation Type	Masonry
Roof Type	Gable
Roof Material	Composition Shingle
Lot Area	12,834 sqft (0.295 acres)
Storage Building	240 sqft

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Heat Pump

Location & Zoning

Account Number	105160
Street Address	503 FRANKLIN AVE
City	NEW BERN
State	NC
Zip	28560-4519
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	NR10
Legal Description	LOT 19 COLONIAL HEIGHTS
Legal Subdivision	COLONIAL HEIGHTS
Legal Lot Number	19
Jurisdiction	CRAVEN NC
Township / Civil Division	8
Census Block Group	1
Census Block	1010
Census Tract	960700

Owner

503 Franklin Ave is owned and occupied by an individual who bought it in November 2024.

Source: Craven County records, as of October 20, 2026

Owner of Record	Individual Name on File
Mailing Address	503 FRANKLIN AVE, NEW BERN, NC 28560-4519
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Nov 25, 2024 · Amount on File
Deed Sale	Nov 25, 2024 · Amount on File
Prior Sale	Oct 22, 2021 · Amount on File
Deed Document Number	202410134102
Deed Book / Page	3819 / 2167
Prior Transfer Date	Jan 1, 1948
Prior Transfer Doc	0419000323
Record Updated	Oct 29, 2026

October 2021: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	CRAVEN NC
Recording Date	Oct 22, 2021
Property Address	503 FRANKLIN AVE, NEW BERN, NC 28560-4519
Document Number	3696/871
Book / Page	3696 / 871
Map Reference	CAB I SL 87-H
Instrument Date	Oct 22, 2021
Instrument	10085610
Transaction Type	Transfer
Record Updated	Nov 3, 2021

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$330.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	503 FRANKLIN AVE, NEW BERN, NC 28560-4519

Mortgage

Document Number	3696874
Date	Oct 22, 2021
Instrument	3696/874

Lender

Name	GUARANTEED RATE INC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Nov 1, 2051

Tax Assessment & Valuation

The 2026 property tax bill for 503 Franklin Ave was $1,562, up 3.4% from the year before.

Source: Craven County assessment roll, as of October 20, 2026

Property Jurisdictions

Type	Name
State	North Carolina
County	Craven County
Municipality	New Bern City
Unified School District	Craven County Schools (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026	$1,562.00 (+3.44%)	$172,370 (-) Land $30,000 Building $142,370	$172,370 (-) Land $30,000 Building $142,370
2025	$1,510.00	$172,370 Land $30,000 Building $142,370	$172,370 Land $30,000 Building $142,370
2023	$1,164.00 (+16.98%)	$133,870 (+49.16%) Land $30,000 Building $103,870	$133,870 Land $30,000 Building $103,870
2022	$995.00	$89,750 Land $26,000 Building $63,750
2018			$89,750 Land $26,000 Building $63,750

Assessed value is set for property tax purposes, not a market price estimate; it is a fraction of this property's market value.

Flood

FEMA maps place 503 Franklin Ave in Zone X, an area of minimal flood risk, though there have been 9 flood claims nearby since 1983.

Source: FEMA National Flood Hazard Layer, effective January 17, 2025 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 19 policies
Community Rating System	Class 8 (10% premium discount)
Nearby Flood Policies	19 in force
Nearby Flood Claims	9 (1983–2012)
Claims Outside the SFHA	4 of 9
Most Recent Claim	May 2012 · rainfall accumulation
Claims by Event	Hurricane Isabel, Sep 2003 · 3 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 503 Franklin Ave is low, with less than a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 98% of the US · lower than 99% of North Carolina
Wildfire Likelihood	Under 0.01% annual chance
Exposure	None beyond ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF NEW BERN serves 37,884 people · EPA ID NC0425010
Water Source	Groundwater
Last State Inspection	Sep 2025
Lead	Under 1 ppb (2026–2028) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	None last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 281 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Metronet Fiber	5,120 / 5,120
Brightspeed Fiber	2,000 / 2,000
Optimum Cable	940 / 35
Verizon Fixed Wireless	300 / 20
T-Mobile Fixed Wireless	100 / 20