NOT LISTED FOR SALE

116 S Colony Ct Nags Head, NC 27959

Estimated Value: $445,000 - $471,253

3 Beds
2 Baths
868 Sq Ft
$532/Sq Ft Est. Value

Last Sold May 17, 2013

Last sale price $172,500 $199 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $2,664/month

20 Days on Market

Highlights

  • Beach Box Architecture
  • Cul-De-Sac
  • Carpet

About This Home

As of May 2013

Great price between the highways in Nags Head! Low traffic Cul-de-Sac make this an ideal location. Great beach access. Take advantage of this incredible deal before its gone.

Last Agent to Sell the Property

Richard Hess

Sun Realty - KDH License #130782 Listed on: 03/19/2013

Last Buyer's Agent

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $607

Year Built

  • Built in 1972

Lot Details

  • Cul-De-Sac

Home Design

  • 868 Sq Ft Home
  • Beach Box Architecture
  • Piling Construction
  • Vinyl Construction Material

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Vista Colony Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 32

Home Details

Home Type

Single Family

Est. Annual Taxes

$607

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Bank Owned: Yes
  • Directions: East on Barnes. Right on S Colony.
  • Subdivision Name: Vista Colony Section 2
  • Headline: Great value
  • Heated Sq Ft: 868
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 0044
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2

Exterior Features

  • Construction: Wood
  • Exterior: Vinyl

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Number: Lot 32
  • Deed Book: 1672

Rental Info

  • Other Expenses: 147000

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2013
  • Taxes: 607

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2020
Sold by
Smith Ryan P and Smith Lisa M
Bought by
Smith Ryan P and Smith Lisa M
Total Days on Market
20
Current Estimated Value
$462,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,600
Outstanding Balance
$103,994
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$358,069

Purchase Details

Listed on
Mar 19, 2013
Closed on
Apr 10, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Smith Ryan P and Young Lisa M
Seller's Agent
Richard Hess
Sun Realty - KDH
Buyer's Agent
Lisa Strydom
Coldwell Banker Seaside Realty KH
List Price
$179,900
Sold Price
$172,500
Premium/Discount to List
-$7,400
-4.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.34%
Original Mortgage
$138,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2013
Sold by
Blankenship Thomas A
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2006
Sold by
Blakenship Thomas A and Blakenship Barbara M
Bought by
Blakenship Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
6.14%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Smith Ryan P -- Priority Title And Escrow
Smith Ryan P -- None Available
Federal Home Loan Mortgage Corporation $220,000 None Available
Blakenship Thomas A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ryan P $59,100
Open Smith Ryan P $116,600
Closed Smith Ryan P $138,000
Previous Owner Blakenship Thomas A $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2013 05/17/13 Sold $172,500 -4.1% $199 / Sq Ft
04/08/2013 04/08/13 Pending -- -- --
03/19/2013 03/19/13 For Sale $179,900 -- $207 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $1,811 $246,200 $143,500 $102,700
2023 $986 $246,200 $143,500 $102,700
2022 $986 $246,200 $143,500 $102,700
2021 $986 $246,200 $143,500 $102,700
2020 $986 $246,200 $143,500 $102,700
2019 $770 $163,900 $100,200 $63,700
2018 $770 $163,900 $100,200 $63,700
2017 $770 $163,900 $100,200 $63,700
2016 $705 $163,900 $100,200 $63,700
2014 $1,142 $163,900 $100,200 $63,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78279

Outer Banks Association of REALTORS®

APN: 006001000