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2505 Hope Farm Drive

2505 Hope Farm Drive, Tarboro, NC 27886
Property in Edgecombe
Sold Jul 09, 2007
$67,500
$70,000 by First Carolina State Bank
Mortgage Due Jul 09, 2037
2505 Hope Farm Drive in Tarboro, NC was first built in 2001 and is 23 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2505 Hope Farm Drive has 1,141 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 12,843 square feet.

Learn more about the property and building on this page. There is a open porch. The home has a gable style roof made of asphalt. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jul 6, 2007 for $67,500. That's $59.16 per sqft. 2505 Hope Farm Drive was last assessed in 2023. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $910. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 12,843
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,141
  • Building Area: 1,141
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Heat pump
  • Heated Square Feet: 1,141
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOPE FARM PLACE SECT 1
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 90 HOPE FARM PLACE 1

Ownership

  • Current Owner : CHERRY LANCE W
  • Current Owner 2: CHERRY JUNE F
  • Previous Owner : WILLIAMS HENRY
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Edgecombe County Schools
  • Census Tract: 021100

Geography

  • Assessors Map Reference: 4739.11
  • Account Number: 204414
  • District: 1
  • Parcel: 473956600000
  • Lot: 90
  • Municipality: TARBORO
  • Latitude: 35.9282
  • Longitude: -77.5287

    Address

  • Full Address: 2505 Hope Farm Dr
  • Address - House Number: 2505
  • Address - Street Name: Hope Farm
  • Address - Suffix Type: Dr
  • State: NC
  • City Name: Tarboro
  • Carrier Code: C006
  • 4-Digit Zip Code: 2267
  • Zip Code: 27886

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $910

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: FIRST CAROLINA STATE BANK
  • First Open Lien Mortgage Recording Date: Jul 09, 2007
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jul 09, 2037

    Market Valuation

  • Market Total Value: $95,765
  • Market Land Value: $18,000
  • Market Improvement Value: $77,765

    Assessments Valuation

  • Assessed Year: 2023

    Sales

  • Current Sale Contract Date: Jul 06, 2007
  • Current Sale Recording Date: Jul 09, 2007
  • Current Sale Transaction ID: 1196968159
  • Current Sale Price: $67,500
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 01495_00006

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CAROLINA STATE BANK
  • First Mortgage Transaction Date: Jul 09, 2007
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Credit Line (Revolving)

    Financing

  • First Mortgage Financing Type: Variable

About Tarboro



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Frequently Asked Questions

What neighborhood is 2505 Hope Farm Drive located in?
The 2505 Hope Farm Drive is a located in the neighborhood of Edgecombe in Tarboro, Tarboro.
What is the average sales price for listings in 2505 Hope Farm Drive?
The average sales price for units in 2505 Hope Farm Drive is $0 currently.

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