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1516 Colony Drive

Tarboro, NC 27886 · Edgecombe County

9 days on market
$399,000
$399,000Tarboro (Town Limits)$250K – $500KActive
399000
4 Bedrooms
4 Bathrooms
3,498 Sq.Ft.
0.62 Acres
Built in 1981
1-Car Garage
Tarboro District

About This Property

Welcome to your dream home. This stunning home blends classic charm with contemporary elegance. Step inside to discover beautiful heart pine floors that exude character and warmth throughout this spacious home. This custom-built home greets you with a foyer that leads to a beautifully appointed living room, perfect for entertainment, central hall and a formal dining room. Large windows fill the space with natural light, highlighting the meticulous craftsmanship and thoughtful design. The kitchen boasts new stone back-splash, new appliances, exposed beams, and custom cabinetry, 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/office or reading nook and full bathroom with a relaxing soaking tub. Outside, the landscaped yard provides a tranquil escape, with plenty of space for outdoor gatherings or peaceful evenings under the stars. There is a detached one-car garage as well as another building that could be used for storage, workshop, child playhouse, art studio or home office. 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

Property Details

SubdivisionCanterbury
TypeSingle Family Residence
Living Area3,498 sq ft
Full Baths3
Half Baths1
Price / sq ft$114
Lot Size0.620 acres
Year Built1981
Total Rooms10
WaterfrontNo
Parcel472825896600

Location & Neighborhood Intelligence

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Distance to Key Places (straight-line)

Coastal & Environmental Information

Properties in Edgecombe County may sit within mapped FEMA flood zones, within a municipal historic district overlay requiring a Certificate of Appropriateness, or both. Buyers are advised to independently verify flood zone, elevation, substantial-damage history and flood insurance requirements with the county floodplain administrator, a licensed surveyor and an insurance professional before relying on anything shown here.

Interior & Exterior

FlooringTile, Wood
HeatingElectric, Heat Pump
CoolingCentral Air
RoofShake
ConstructionWood Siding, Wood Frame
AppliancesElectric Oven, Built-In Microwave, Washer, Refrigerator, Dryer, Dishwasher
ParkingGarage Faces Front, Covered, Detached, Off Street, On Site, Paved

Interior Features

Walk-in Closet(s)Entrance FoyerWalk-in ShowerEat-in KitchenWalk-In Closet(s)

Exterior Features

Irrigation System

Schools

ElementaryStocks
MiddleMartin
High SchoolTarboro

Tax & Assessment

Assessed Value$314,191
Annual Tax$4,116 (2025)
Monthly Tax Est.$343/mo
Hyper-Local Buyer Tool

Tarboro True Cost of Ownership Calculator

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Local Tax & Municipal Variables
Edgecombe County TaxEdgecombe County charges $0.89 per $100 of assessed value for fiscal year 2026-2027 (adopted June 22, 2026). Verify with the local tax office.
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Applies additional $0.4750 / $100 municipal tax. Switch off for county-only parcels outside town.
Adds $150/mo reserve for custom wood, slate/metal roof & COA maintenance
Property along the Tar River and its tributaries falls into mapped FEMA flood zones. Your zone determines whether a federally backed lender requires flood insurance — we don't quote rates, so enter your own insurer's written quote below.

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Includes P&I, taxes, insurance & local reserves
  • Principal & Interest$0
  • Edgecombe County Property Tax ($0.89)$0
  • Town of Tarboro Municipal Tax ($0.4750)$0
  • Hazard / Homeowners Insurance (Est.)$0
  • Flood Insurance (Your Quote)$0
  • Historic Overlay COA Reserve$0
  • PMI / Mortgage Insurance$0
Total Loan Amount$0
Down Payment$0
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MLS# 100611174 · HIVE MLS via SourceRE · Last updated: October 28, 2026 at 12:19 AM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.