NOT LISTED FOR SALE

Estimated Value: $1,335,000 - $1,753,000

6 Beds
6 Baths
3,520 Sq Ft
$444/Sq Ft Est. Value

Last Sold July 28, 2017

Last sale price $850,000 $241 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $9,033/month

75 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Heated In Ground Pool
  • Community Beach Access
  • Boat Dock
  • Second Refrigerator

About This Home

As of July 2017

Great classic island oceanfront vacation home. Cheerio offers incredible ocean views, a quiet family-friendly neighborhood, and easy access to the uncrowded Salvo beaches. The large, bright inviting great room/kitchen/dining area is accented by attractive Hatteras-style juniper walls; the "walls of windows" invite the outdoors into your living space. You'll enjoy a gas fireplace, the well-equipped kitchen, upscale appliances, the furnished screened porch, and a huge upper level deck overlooking the Atlantic expanse. For an island panorama, ascend the spiral staircase to the loft and enjoy ocean to sound views. Cheerio offers six comfortable sleeping quarters, a game room with kitchenette, multi-level sun and shaded decking, and an Oceanside private heated pool. And the location is great for all OBX attractions, shopping, dining, 4WD access, and other family opportunities. Great investment at 10%+ ROI. Exterior paint new this year.

Last Agent to Sell the Property

Deanna B. Dorman

Surf or Sound Realty - Rodanthe License #202189 Listed on: 04/02/2017

Last Buyer's Agent

Suzie Scholten

Midgett Realty - Hatteras License #211406

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,836

Year Built

  • Built in 2002

Lot Details

  • Beach Front
  • Level Lot

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,520 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Loft
  • Game Room
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot # 21

Community Details

Overview

  • Association fees include walkways
  • Hatteras Colony Subdivision

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,836

Year Built

Built in 2002

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From NC12 N in Salvo, right onto Rampart, right onto Colony, third house on left at oceanfront. Look for sign.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: Hatteras Colony Sec E
  • Headline: 10% R0I! & pretty too!
  • Heated Sq Ft: 3520
  • L V T Date: 04/05/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: E
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 0157
  • Office License Number: C7816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Gas Connection, Gas Fireplace, Ensuite, Some Windows Treated, Wet Bar
  • Optional Rooms: Game Room, Loft, Shipswatch

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Boat Ramp, Ocean Access, Common Area
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 35
  • Home Owner Dwelling Insurance: 5217

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Number: Lot # 21
  • Deed Book: 1633

Rental Info

  • Est Annual Rental Income: 90200
  • Estimated Rental Performance: 0.1061
  • Lease Terms: Weekly
  • Maintenance Expenses: 3182
  • Other Expenses: 805
  • Other Expenses2: 685
  • Poolspa Expense: 3960
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Cheerio
  • Rental Cottage Number: 160
  • Rental Phone Number: 252-987-1444
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 816
  • Annual Electric: 5653
  • Annual Water Expense: 1027

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2016
  • Taxes: 4835.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2017
Closed on
Jul 24, 2017
Sold by
Pritchard Ivor Anton and Pritchard Therese Devito
Bought by
Gardiner John Reilly and Gardiner Fiona Kate
Seller's Agent
Deanna B. Dorman
Surf or Sound Realty - Rodanthe
Buyer's Agent
Suzie Scholten
Midgett Realty - Hatteras
List Price
$899,000
Sold Price
$850,000
Premium/Discount to List
-$49,000
-5.45%
Current Estimated Value
$1,563,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,464
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
May 27, 2005
Sold by
Kinsella Peter J
Bought by
Pritchard Ivor Anton and Pritchard Therse Devito

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.37%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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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
Gardiner John Reilly $230,000 None Available
Pritchard Ivor Anton $1,450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardiner John Reilly $617,000
Previous Owner Pritchard Therese $660,000
Previous Owner Pritchard Ivor Anton $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $850,000 -5.5% $241 / Sq Ft
06/16/2017 06/16/17 Pending -- -- --
04/02/2017 04/02/17 For Sale $899,000 -- $255 / 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 $6,134 $944,500 $325,000 $619,500
2023 $5,940 $969,280 $325,000 $644,280
2022 $5,933 $984,270 $325,000 $659,270
2021 $5,835 $984,270 $325,000 $659,270
2020 $5,824 $984,734 $325,000 $659,734
2019 $5,277 $727,000 $283,800 $443,200
2018 $5,167 $727,000 $283,800 $443,200
2017 $5,167 $727,000 $283,800 $443,200
2016 $4,822 $727,000 $283,800 $443,200
2014 $4,836 $727,000 $283,800 $443,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95916

Outer Banks Association of REALTORS®

APN: 012853000