NOT LISTED FOR SALE

507 Cherry Run Rd Washington, NC 27889

Estimated Value: $389,461

30.44 Acres
$12,794 Price per Acre
1,325,966 Sq Ft Lot

Last Sold June 21, 2024

Last sale price $390,000

Current estimated payment $2,163/month

98 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • Pasture
  • Eastern Elementary School Rated A-
  • 30.44 Acre Lot

About This Lot

As of June 2024

PRICED TO MOVE!! MULTIIPLE POSSIBILITIES AWAIT! Rare find with 30.44 acres! Privacy Galore! Only minutes to beautiful Downtown Washington Waterfront.~ Build your DREAM Home! Divide, or just enjoy the seclusion! ~60 x 50 Metal Barn with 3 RV height Roll Top Doors (2 in front, 1 in back) 4 Stall horse shed and tack room~Small Finished area in barn for temporary stay~ Outdoor Shower~Fencing ~4 Br septic, RV hook ups and 3 other Improvement permits on file that are valid through May of 2026/27! See Agent Remarks and Ask about the VIDEO!

Last Agent to Sell the Property

Joey Edwards

Carolina Realty License #211714 Listed on: 02/06/2024

Last Buyer's Agent

Sally Seller

Non Member Office

Property Details

Property Type

  • Land

Lot Details

  • 30.44 Acre Lot
  • Property fronts a state road
  • Property is zoned RAG

Schools

  • Eastern Elementary School
  • P. S. Jones Middle School
  • Washington High School

Farming

  • Barn
  • Pasture

Additional Features

  • Partial Basement
  • Horses Allowed On Property

Community Details

  • Property has a Home Owners Association
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Assessor Parcel Number 5677143129

Property Details

Property Type

Land

Lot Details

30.44 Acres

Listing Details

  • Property Type: Land
  • Secondary Subdivision: N/A
  • Property Sub Type: Agriculture
  • Original List Price: 415000.00
  • Other Structures: Barn(s)
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 13633.38
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Fencing: Partial
  • Road Frontage Type: City Street, State Road
  • Waterfront?: No

Utilities

  • Utilities: Water Connected
  • Sewer Provider: Septic Tank

Condo/Co-op/Association

  • Association Amenities: None
  • Has H O A?: Yes

Schools

  • Elementary School: Eastern Elementary School
  • High School: Washington
  • Middle Or Junior School: P. S. Jones

Lot Info

  • Deed Book: 2100
  • Deed Page: 92.00
  • Zoning: RAG
  • Environmental Hazard: Unknown
  • Topography: Cleared,Wooded
  • Lot Features: Pasture
  • Lot Size Acres: 30.44
  • Lot Size Sq Ft: 1325966.00
  • Purchase Contract Date: 2024-05-13
  • Parcel#: 5677143129
  • Cobra Zone Y N: No
  • Deed Restriction Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2023
  • Tax Block: None
  • Tax Book Number: None
  • Tax Map Number: 5677143129
  • Tax Other Assessment Amount Frequency: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
East Carolina Farms Llc
Bought by
Hedrick Peter and Hedrick Shannon
Current Estimated Value
$389,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Outstanding Balance
$100,173
Interest Rate
3.39%
Mortgage Type
Construction
Estimated Equity
$289,288

Purchase Details

Closed on
Jul 20, 2006
Bought by
East Carolina Farms Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hedrick Peter $180,000 Attorney Only
East Carolina Farms Llc $82,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hedrick Peter $144,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2024 06/21/24 Sold $390,000 -6.0% --
05/13/2024 05/13/24 Pending -- -- --
03/27/2024 03/27/24 Price Changed $415,000 -3.5% --
03/08/2024 03/08/24 Price Changed $430,000 -4.4% --
02/05/2024 02/05/24 For Sale $450,000 -- --
Source: Hive MLS

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
2025 $1,880 $344,329 $210,323 $134,006
2024 $1,243 $171,147 $129,022 $42,125
2023 $1,225 $171,147 $129,022 $42,125
2022 $697 $115,518 $115,518 $0
2021 $131 $115,518 $115,518 $0
2020 $132 $115,518 $115,518 $0
2019 -- $115,518 $115,518 $0
2018 -- $115,518 $115,518 $0
2017 -- $115,476 $115,476 $0
2016 -- $115,476 $115,476 $0
2015 $111 $0 $0 $0
2014 $111 $0 $0 $0
2013 -- $115,476 $115,476 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100425924

Hive MLS

APN: 5677-14-3129

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