tomo logo

$429,900

Beds
4
Baths
3.5
sq ft
3,812

1516 Colony Dr, Tarboro, NC 27886

1516 Colony Dr

Tarboro, NC 27886

  • 6 days on market
Welcome to your dream home! This stunning Colonial-inspired modern residence seamlessly blends classic charm with contemporary elegance. Step inside to discover warm heart pine floors that exude character and warmth throughout this spacious home. This custom-built home features 5 fully functional, masonry fireplaces in the living room, den and 2 bedrooms. You are greeted by a massive, hand made broken arch pediment entry at the front. The inviting foyer leads to a beautifully appointed living room, perfect for entertaining, central hall and a formal dining room. Large windows fill the space with natural light, highlighting the meticulous craftsmanship and thoughtful design. The gourmet kitchen boasts high-end appliances, exposed beams, custom cabinetry, and hand painted tiles, making it a chef's delight. In the rear of the home is a cozy den with stunning oversized fireplace with a back staircase to sleeping areas. Also, in the rear of the home is beautiful sunroom with windows overlooking the private back yard and side yard. Retreat to the second floor to the serene primary suite, featuring a luxurious en-suite bathroom and ample closet space. Additional bedrooms offer versatility, ideal for family, guests, or a home office. On the third floor is a completely private 4th bedroom, bonus area/TV room or reading nook and full bathroom. Outside, the landscaped yard provides a tranquil escape, with plenty of space for outdoor gatherings or peaceful evenings under the stars. There are two detached structures that could be used for storage, workshop, child playhouse, art studio or home office. Recent upgrades include new PVC plumbing, new hot water heater, and a fresh coat of paint on the western red cedar siding and trim. Conveniently located near parks, schools, shopping, and dining, this home is a perfect blend of modern amenities and timeless elegance. Don't miss the chance to make this exceptional property your own.

Details

Property type

Single Family Residence

Est. home value

$356,368

Lot size

0.62 acres

Price per sq ft

$113

Year built

1981

Annual property taxes

$3,959.96

Price History

10/28/2024
NorthCarolinaRegional

NorthCarolinaRegional #100473195

Listed
$429,900
-11.36%
10/05/2024
NorthCarolinaRegional

NorthCarolinaRegional #100461555

Removed
$485,000
08/18/2024
NorthCarolinaRegional

NorthCarolinaRegional #100461555

Listed
$485,000
+51.56%

Schools & Community

Elementary school: 

Stocks

Middle school: 

Martin

High school: 

Tarboro

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Providence Bk

Loan start date

March 2018

Original loan amount

$525,000

Est. remaining balance

Not provided

Interest rate

4.32%

Loan type

Credit Line (Revolving)

Seller

James B Bunn and John D Halterman

Lender

Rbc Bank Usa

Loan start date

July 2009

Original loan amount

$65,800

Est. remaining balance

Not provided

Interest rate

4.82%

Loan type

Credit Line (Revolving), 20 year

Seller

James Brandon Bunn

Lender

Rbc Bank Usa

Loan start date

September 2006

Original loan amount

$35,000

Est. remaining balance

Not provided

Interest rate

6.8%

Loan type

Not Provided

Seller

James B Bunn

Lender

Rbc Bank Usa

Loan start date

February 2006

Original loan amount

$175,750

Est. remaining balance

$140,675

Interest rate

6.21%

Loan type

New Conventional, 40 year

Seller

James Brandon Bunn

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/03/2024 at 8:40 AM

Listing updated: 10/28/2024 at 7:32 PM

Listed by: Jack E. Cutler, Jr., 1st Class Real Estate Triangle East Phone #: (919) 500-0819

MLS: NorthCarolinaRegional #100473195

NorthCarolinaRegional logo

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