NOT LISTED FOR SALE

Estimated Value: $425,000 - $495,000

3 Beds
2 Baths
960 Sq Ft
$477/Sq Ft Est. Value

Last Sold December 20, 2012

Last sale price $235,000 $245 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,701/month

41 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Boat Dock
  • Canal View
  • First Flight Middle School Rated A-
  • Gated Community
  • Clubhouse

About This Home

As of December 2012

Totally transformed into a modern 3 bed/2 bath with spectacular canal views. 50 feet of deep-dredged, bulkheaded canal frontage with a boat lift and dock, and even a peek of sound views! Light, open, airy…almost nothing left not updated, and all done with permits. ALL NEW: ROOF, SIDING, WINDOWS, SLIDERS, KITCHEN, BATHS, FLOORING, WATER HEATER, INTERIOR PAINT, BERBERCARPET AND DRY-ENTRY WALLS AND STAIR RAILINGS. Granite countertops in kitchen and baths; Maytag and Frigidaire Affinity appliances includedDurableCeramica brand tile and grout in kitchen and baths. Most of deck and deck railing/stairs are brand-new, too. Completely move-in, pristine condition. Most of the personal property conveys, some exclusions. Nice neighbors with lovely homes nearby and across the canal. The old siding was removed and the house clad with plywood and tar paper before the new siding and windows were installed. Much newer effective age! House was originally built with 8-inch pilings.

Last Agent to Sell the Property

Hugh Willey

Sun Realty - KDH License #238260 Listed on: 10/04/2012

Co-Listed By

Robin Lilley

Default, Office License #243280

Last Buyer's Agent

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,049

Year Built

  • Built in 1970

Lot Details

  • 8,000 Sq Ft Lot
  • 50 Feet of Waterfront
  • Home fronts a canal

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • Furnished
  • Canal Views

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Shower

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 54

Community Details

Overview

  • Association fees include grounds maintenance
  • Colington Hrbr Subdivision

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,049

Year Built

Built in 1970

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Go into the gate at Colington Harbour, turn right, Sunset is on the left
  • Extras: Outside Shower
  • Flood Zone: AE
  • Headline: Everything Upgraded!
  • Heated Sq Ft: 960
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 118
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Washer Connection

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Canal
  • Water Frontage: 50

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance
  • Association Amenities: Boat Ramp, Boat Dock, Clubhouse, Gated Community, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 220

Lot Info

  • Estimated Lot Sq Ft: 8000
  • Lot Description: Bulkheaded, Water Frontage
  • Lot Number: Lot 54
  • Deed Book: 1887

Rental Info

  • Other Expenses: 161700

Building Info

  • Year Built: 1970

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 1049

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2012
Closed on
Dec 20, 2012
Sold by
Gault Michael K and Gault Shelby T
Bought by
Hoff Matthew M and Hoff Marialyce M
Seller's Agent
Hugh Willey
Sun Realty - KDH
Buyer's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
List Price
$265,000
Sold Price
$235,000
Premium/Discount to List
-$30,000
-11.32%
Current Estimated Value
$457,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,986
Avg. Annual Appreciation
5.51%
Original Mortgage
$167,300
Outstanding Balance
$118,689
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$342,709

Purchase Details

Closed on
Jan 26, 2012
Sold by
Cremia Greg and Cremia Terry
Bought by
Gault Michael K and Gault Shelby T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,800
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2010
Sold by
Martin Michael S and Martin Amy P
Bought by
Cremia Greg and Cremia Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,100
Interest Rate
4.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 7, 2006
Sold by
Wilkins Alverna
Bought by
Martin Michael S and Martin Amy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Hoff Matthew M $235,000 None Available
Gault Michael K $241,000 None Available
Cremia Greg $169,166 None Available
Martin Michael S $227,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoff Matthew M $167,300
Previous Owner Gault Michael K $192,800
Previous Owner Cremia Gregory W $177,100
Previous Owner Cremia Greg $177,100
Previous Owner Martin Michael S $220,598
Previous Owner Martin Michael S $216,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2012 12/20/12 Sold $235,000 -11.3% $245 / Sq Ft
11/14/2012 11/14/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $265,000 -- $276 / 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 $1,850 $273,400 $122,100 $151,300
2023 $1,850 $295,995 $122,100 $173,895
2022 $1,821 $296,023 $122,100 $173,923
2021 $1,791 $296,052 $122,100 $173,952
2020 $1,791 $296,753 $122,100 $174,653
2019 $1,454 $181,100 $104,100 $77,000
2018 $1,476 $181,100 $104,100 $77,000
2017 $1,290 $181,100 $104,100 $77,000
2016 $1,217 $181,100 $104,100 $77,000
2014 $1,181 $181,100 $104,100 $77,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76505

Outer Banks Association of REALTORS®

APN: 019675000