NOT LISTED FOR SALE

Estimated Value: $314,000 - $416,000

3 Beds
2 Baths
912 Sq Ft
$389/Sq Ft Est. Value

Last Sold May 18, 2012

Last sale price $120,000 $132 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $1,977/month

80 Days on Market

Highlights

  • Boat Dock
  • Gated Community
  • Wooded Lot
  • First Flight Middle School Rated A-
  • Clubhouse
  • Saltbox Architecture

About This Home

As of May 2012

1 1/2 STORY SALTBOX. BANK OWNED PROPERTY IN COLINGTON HARBOUR. 3 BEDROOM / 2 BATH SALTBOX SITUATE ON WOODED LOT CLOSE TO COLINGTON ENTRANCE. VAULTED CEILING, SKYLIGHT, CEILING FANS. UPSTAIRS OVERLOOKS LOWER LIVING AREA. COLINGTON HARBOUR INCLUDES BOAT MARINA, BOAT DOCK, CLUBHOUSE, GATED COMMUNITY, PARK, PLAYGROUND, SOUND ACCESS, TENNIS COURTS. ENJOY THE SAILING RAGATTAS DURING THE SUMMER MONTHS. HOME IS BEING SOLD AS-IS, WHERE-IS, AND WILL BE CONVEYED BY SPECIAL WARRANTY DEED *** CALL FOR PHOTO ARRAY ...

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 02/28/2012

Coldwell Banker Seaside Realty KH

Co-Listed By

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Last Buyer's Agent

Camille Brevetti

Coldwell Banker Seaside Realty KH License #178620

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $751

Year Built

  • Built in 1985

Lot Details

  • 6,500 Sq Ft Lot
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $18 Monthly HOA Fees

Home Design

  • Saltbox Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Siding
  • Piling Construction

Interior Spaces

  • 912 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 125

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, pool, road maintenance, tennis courts
  • Cape Management Melody Association
  • Colington Hrbr Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$751

Year Built

Built in 1985

Lot Details

0

HOA Fees

$18 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Saltbox
  • Bank Owned: Yes
  • Directions: Through Guard Gate, STAY right on Colington Dr. House on the right.
  • Extras: Ceiling Fan(s), Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Colington Harbour
  • Headline: BANK OWNED - COLINGTON
  • Heated Sq Ft: 912
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: D
  • Zoning: R
  • Deed Book Pg Number: 0349
  • Middle School District: FFMS
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 3
  • Bedroom 1: YES, On Level: 2
  • Bedroom 2: YES, On Level: 3
  • Bedroom 3: YES, On Level: 3
  • Kitchen: VAULTED, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Skylight, Washer Connection
  • Living Room: YES, On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Sheet Siding
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: NICE

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Boat Ramp, Boat Dock, Clubhouse, Gated Community, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 210
  • Hoa Contact: Cape Management-Melody
  • HOA Contact: 480-2700

Lot Info

  • Estimated Lot Sq Ft: 6500
  • Lot Description: Wooded
  • Lot Faces: S
  • Lot Number: Lot 125
  • Deed Book: 1884

Rental Info

  • Other Expenses: 84900

Building Info

  • Year Built: 1985

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 751

MLS Schools

  • Senior High School District: FFHS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2012
Closed on
Apr 16, 2012
Sold by
Branch Banking & Trust Company
Bought by
Lashley Christopher Todd and Lashley Sarah Elizabeth
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Camille Brevetti
Coldwell Banker Seaside Realty KH
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Current Estimated Value
$354,358

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,358
Avg. Annual Appreciation
8.27%
Original Mortgage
$96,000
Outstanding Balance
$66,384
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$287,974

Purchase Details

Closed on
Dec 21, 2011
Sold by
Winfield Arthur H R
Bought by
Branch Banking & Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lashley Christopher Todd $120,000 None Available
Branch Banking & Trust Company $32,341 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lashley Christopher Todd $96,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/18/2012 05/18/12 Sold $120,000 -4.0% $132 / Sq Ft
05/18/2012 05/18/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $125,000 -- $137 / 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
2025 $1,220 $280,100 $83,400 $196,700
2024 $1,056 $169,000 $43,200 $125,800
2023 $1,056 $169,000 $43,200 $125,800
2022 $1,039 $169,000 $43,200 $125,800
2021 $1,022 $169,000 $43,200 $125,800
2020 $1,020 $169,000 $43,200 $125,800
2019 $830 $116,600 $38,500 $78,100
2018 $830 $116,600 $38,500 $78,100
2017 $830 $116,600 $38,500 $78,100
2016 $784 $116,600 $38,500 $78,100
2014 $760 $116,600 $38,500 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73801

Outer Banks Association of REALTORS®

APN: 019167000