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636 Speed Road

Hobgood, NC 27843 · Edgecombe County

62 days on market
$150,000
Was $180,000
$150,000Edgecombe County (Rural)$100K – $250KUnder $375KActive
150000
Price Reduced
3 Bedrooms
1 Bathroom
1,025 Sq.Ft.
0.53 Acres
Built in 1977
1-Car Garage
North Edgecombe District

About This Property

NEW ROOF MAY OF 2026! Looking for country living with plenty of room to spread out and make a property your own? This 3 bedroom, 1 bath home sits on a spacious 1/2 acre lot and includes an additional 1 acre cleared lot, giving you approximately 1.5 acres of land to enjoy. Whether you want room for a garden, recreation, pets, projects, or simply more space, the acreage offers plenty of possibilities. The home is being sold in its current condition and is a great opportunity for a buyer willing to put in some work and make improvements over time. Bring your ideas and turn this property into a home that fits your needs and style. A major recent improvement is the new roof installed in May 2026, giving the next owner an important update already taken care of. Outside, you'll also find a covered front porch, back deck, and two wired workshops with covered areas, providing plenty of space for storage, hobbies, equipment, or workspace. If you're looking for acreage, outbuildings, and the opportunity to add your own sweat equity, this property is worth a look.

Price History & Market Timeline

Original List Price$180,000
Current List Price (Price Reduced)$150,000Reduced by $30,000

Property Details

SubdivisionNot In Subdivision
TypeSingle Family Residence
Living Area1,025 sq ft
Full Baths1
Price / sq ft$146
Lot Size0.530 acres
Year Built1977
Total Rooms7
WaterfrontNo
Parcel485095766300

Location & Neighborhood Intelligence

Get Directions to This Home

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

FlooringCarpet, Hardwood
CoolingWall/Window Unit(s)
RoofShingle
ConstructionBrick, Wood Frame
AppliancesElectric Oven, Built-In Microwave, Refrigerator, Dishwasher, Electric Range
ParkingAttached, Covered, Paved, Unpaved

Interior Features

Kitchen IslandCeiling Fan(s)Eat-in Kitchen

Schools

ElementaryPrinceville
MiddlePatillo
High SchoolNorth Edgecombe

Tax & Assessment

Assessed Value$109,728
Annual Tax$1,258 (2025)
Monthly Tax Est.$105/mo
Hyper-Local Buyer Tool

Tarboro True Cost of Ownership Calculator

Calculate your actual monthly carrying cost — including Edgecombe County taxes, Town municipal rates, your own flood insurance quote, and historic district reserves.

$150,000
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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.
Active
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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Finance repair scope directly into mortgage via FHA 203(k) or Fannie Mae HomeStyle loan.

Estimated Monthly True Cost
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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# 100581190 · HIVE MLS via SourceRE · Last updated: September 28, 2026 at 4:22 PM UTC. Information deemed reliable but not guaranteed. © 2026 Horizon Realty Group.