NOT LISTED FOR SALE

506 Hancock St Smithfield, NC 27577

Estimated Value: $327,000 - $370,125

4 Beds
2.5 Baths
2,827 Sq Ft
$124/Sq Ft Est. Value

Last Sold July 29, 2021

Last sale price $250,000 $88 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $2,134/month

53 Days on Market

Highlights

  • Wood Flooring
  • Farmhouse Style Home
  • No HOA
  • Main Floor Primary Bedroom
  • 4 Fireplaces
  • 2-minute walk to Talton Field

About This Home

As of July 2021

BACK ON THE MARKET! BEAUTIFUL! Must see!! 4BR 2.5 bath UPDATED farmhouse w/ plenty of space and character! new roof on house (2016) new roof over porch (2019) new backsplash in kitchen, all hardwoods refinished, fresh paint throughout home, new LVP flooring in kitchen and bathroom, 4 fire places, 4 car Garage (fits 8 cars)! walking distance to downtown Smithfield! you definitely do not want to miss out on this!

Last Agent to Sell the Property

Jairus Walker

Walker Realty Group LLC License #288635 Listed on: 03/29/2021

Last Buyer's Agent

Terry Anastasi

DASH Carolina License #324707

DASH Carolina

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1898

Lot Details

  • 0.51 Acre Lot

Parking

  • 4 Car Garage
  • Front Facing Garage
  • Private Driveway

Home Design

  • Farmhouse Style Home
  • Wood Siding
  • Vinyl Siding

Interior Spaces

  • 2,827 Sq Ft Home
  • 2-Story Property
  • 4 Fireplaces
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Schools

  • S Smithfield Elementary School
  • Smithfield Middle School
  • Smithfield Selma High School

Utilities

  • Zoned Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,056

Year Built

Built in 1898

Lot Details

0

Parking

4

Listing Details

  • Year Built: 1898
  • Prop. Type: Residential
  • Subdivision Name: Not in a Subdivision
  • Above Grade Finished Sq Ft: 2827.0
  • Architectural Style: Farm House
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • New Construction: No
  • Contract Information Ownership Type: Other
  • General Property Information Lot Size Dimensions: new survey needed
  • General Property Information Basement YN: No
  • General Property Information Fireplace YN: Yes
  • Cooling Central Air: Yes
  • Structure Type Site Built: Yes
  • Architectural Style Farm House: Yes
  • Levels Two: Yes
  • Room Types Primary Bedroom Level: M
  • Flooring Wood: Yes
  • General Property Information Above Grade Finished Area: 2827.0
  • General Property Information Carport YN: No
  • General Property Information Lot Size Square Feet2: 22215.6
  • General Property Information Lot Size Acres: 0.51
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Wood
  • Appliances: Electric Water Heater, Gas Water Heater
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 4
  • Total Bedrooms: 9
  • Appliances:Electric Water Heater: Yes
  • Appliances:Gas Water Heater: Yes
  • Fireplace Features:Fireplaces Total: 4

Exterior Features

  • Acres: 0.51
  • Construction Type: Vinyl Siding, Wood Siding
  • Construction Materials:Vinyl Siding: Yes
  • Construction Materials:Wood Siding: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Concrete, Driveway, Garage, Garage Faces Front
  • Parking Features:Garage: Yes
  • Parking Features:Concrete4: Yes
  • Parking Features:Driveway: Yes
  • Parking Features:Garage Faces Front: Yes
  • General Property Information:Garage Spaces: 4.0

Utilities

  • Heating: Electric, Zoned
  • Cooling: Central Air
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Heating:Electric4: Yes
  • Heating:Zoned2: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Ninth Grade High School: Johnston - Smithfield Selma
  • Middle Or Junior School: Johnston - Smithfield

Lot Info

  • Lot Dimensions: new survey needed
  • Lot Size Sq Ft: 22215.6
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2056.0
  • Tax Year: 2020

MLS Schools

  • Elementary School: Johnston - S Smithfield

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2021
Closed on
Jul 29, 2021
Sold by
Nazzaro Joseph
Bought by
Daniels David Keith and Daniels Eldean Ramella
Seller's Agent
Jairus Walker
Walker Realty Group LLC
Buyer's Agent
Terry Anastasi
DASH Carolina
List Price
$265,000
Sold Price
$250,000
Premium/Discount to List
-$15,000
-5.66%
Current Estimated Value
$349,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,531
Avg. Annual Appreciation
8.58%
Original Mortgage
$242,500
Outstanding Balance
$221,080
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$128,451

Purchase Details

Closed on
Jul 30, 2015
Sold by
Daniels Sarai Barry and Daniels Henry W
Bought by
Nazzaro Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,210
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 23, 2015
Sold by
Daniels Sarai B
Bought by
Earnhart Heirs Janice
Source: Public Records

Range of Values:

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Average Value
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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
Daniels David Keith $250,000 None Available
Nazzaro Joseph $154,000 None Available
Earnhart Heirs Janice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniels David Keith $242,500
Previous Owner Nazzaro Joseph $151,210
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2023 12/14/23 Off Market $250,000 -- --
07/29/2021 07/29/21 Sold $250,000 -5.7% $88 / Sq Ft
05/21/2021 05/21/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $265,000 0.0% $94 / Sq Ft
04/03/2021 04/03/21 Pending -- -- --
03/29/2021 03/29/21 For Sale $265,000 -- $94 / Sq Ft
Source: Doorify MLS

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 $2,754 $222,110 $28,050 $194,060
2023 $2,799 $222,110 $28,050 $194,060
2022 $2,887 $222,110 $28,050 $194,060
2021 $2,010 $154,610 $28,050 $126,560
2020 $2,056 $154,610 $28,050 $126,560
2019 $2,056 $154,610 $28,050 $126,560
2018 $1,790 $132,620 $28,120 $104,500
2017 $1,790 $132,620 $28,120 $104,500
2016 $1,790 $132,620 $28,120 $104,500
2015 $1,732 $132,620 $28,120 $104,500
2014 $1,732 $128,280 $28,120 $100,160
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Doorify MLS

MLS Number: 2374777

Doorify MLS

APN: 15014008