NOT LISTED FOR SALE

27225 Farrow Dr Unit /Lot 2 Salvo, NC 27972

Salvo Neighborhood

Estimated Value: $563,000 - $792,000

4 Beds
3 Baths
1,568 Sq Ft
$440/Sq Ft Est. Value

About This Home

This home is located at 27225 Farrow Dr Unit /Lot 2, Salvo, NC 27972 and is currently estimated at $690,401, approximately $440 per square foot. 27225 Farrow Dr Unit /Lot 2 is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2018
Sold by
Cockran William T
Bought by
Farrow Drive Partners Llc
Current Estimated Value
$705,619

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,250
Outstanding Balance
$187,450
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$502,951

Purchase Details

Closed on
Mar 21, 2015
Sold by
Cockran Julie Swan
Bought by
Cockran William Thomas

Purchase Details

Closed on
Dec 1, 2008
Sold by
Gaskins Helen F
Bought by
Cockran William Thomas and Cockran Julie Swan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Farrow Drive Partners Llc $399,000 --
Cockran William Thomas -- None Available
Cockran William Thomas $370,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farrow Drive Partners Llc $299,250
Closed Farrow Drive Partners Llc $299,250
Previous Owner Cockran William Thomas $268,280
Previous Owner Cockran William Thomas $285,000
Previous Owner Gaskins Helen Farrow $100,000
Previous Owner Gaskins Helen F $250,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,617 $402,800 $135,000 $267,800
2023 $2,534 $413,512 $135,000 $278,512
2022 $2,493 $413,512 $135,000 $278,512
2021 $2,451 $413,512 $135,000 $278,512
2020 $2,446 $413,512 $135,000 $278,512
2019 $1,979 $278,800 $115,100 $163,700
2018 $1,985 $278,800 $115,100 $163,700
2017 $1,985 $278,800 $115,100 $163,700
2016 $1,847 $278,800 $115,100 $163,700
2014 $1,847 $278,800 $115,100 $163,700
Source: Public Records

Map

North Carolina Dare County Salvo 27959 Salvo

27225 Farrow Dr Unit /Lot 2, Salvo, NC

This home is located at 27225 Farrow Dr Unit /Lot 2, Salvo, NC 27972 and is currently estimated at $690,401, approximately $440 per square foot. 27225 Farrow Dr Unit /Lot 2 is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary School.

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