NOT LISTED FOR SALE

26068 Colony Dr Salvo, NC 27972

Estimated Value: $539,000 - $627,000

4 Beds
2 Baths
1,765 Sq Ft
$335/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $625,000 $354 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,340/month

35 Days on Market

Highlights

  • Ocean Front
  • Cathedral Ceiling
  • Loft
  • Coastal Architecture
  • Whirlpool Bathtub
  • Furnished

About This Home

As of September 2023

This stunning semi ocean front 4-bedroom, 2-bath home located in the Hatteras Colony subdivision is exactly what you have been looking for! Perfect for year-round living, a second home, or a vacation rental, this home has been well- maintained by the original family who have loved and cared throughout the years. The home has been in the rental program over the past several years and has been a strong rental performer with limited availability….over $37K owner rent in 2022 and $23K on the books for 2023! As you enter from the ground level dry entry, you will notice the cedar accents throughout the entire home. As you make your way upstairs, you will find 3 bedrooms and spacious full bathroom on the middle level. The two spacious ocean facing bedrooms have direct access to the covered deck with seating. The third bedroom is located at the end of the hallway. Access to the covered deck can also be found off the hallway. The open living area creates an inviting space filled with natural light. The seamless living, recently updated kitchen, and dining areas makes it perfect for quality family time or for entertaining. The living area boasts a wood burning fireplace and ocean views from all corners. Step outside into the screened porch or the expansive ocean facing sun deck The primary bedroom is located off the kitchen with direct access to the full bathroom with an oversized jetted tub. Make your way up the spiral stair case and you will find the loft area with views of the Pamlico Sound and the Atlantic Ocean. Recent updates include new drain field in 2021, 2 new heat pumps in 2021, new washer and dryer in 2022, new toilets in 2018, and kitchen update in 2018. Located in a sought-after location, this Salvo home is only steps away from the beach access for unlimited days in the sun, surf, and sand and is also conveniently located to the Salvo Day Use Area for access to the sound for the water sports enthusiast. Dining, shops, and entertainment are all also minutes away. Don't miss out on this rare opportunity to own a lovingly cared-for home… schedule your showing today and start making memories that will last a lifetime!

Last Agent to Sell the Property

Shawna Kiricoples

Keller Williams - Outer Banks License #302304 Listed on: 06/01/2023

Keller Williams - Outer Banks

Last Buyer's Agent

Andy Tucker

Beach House Brokers, LLC License #249929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,254

Year Built

  • Built in 1989

Lot Details

  • Ocean Front
  • Level Lot
  • Property is zoned S-1

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Siding
  • Piling Construction

Interior Spaces

  • 1,765 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Loft
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Corian Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

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

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Community Details

  • Hatteras Colony Subdivision

Listing and Financial Details

  • Tax Lot 47

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,254

Year Built

Built in 1989

Lot Details

10,019 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Storage Shed, Storm Doors, Sun Deck, Whirlpool/Spa, Dry Entry
  • Flood Zone: AE
  • Headline: Steps to Beach Access!!
  • Heated Sq Ft: 1765
  • L V T Date: 06/01/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: E
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: S-1
  • Advertised Income 2021: 46452
  • Advertised Income 2022: 23173
  • Deed Book Pg Number: 0564
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Corian
  • Floor Coverings: Carpet, Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Washer Connection, Wood Fireplace
  • Optional Rooms: Loft

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Composite Siding
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 4348

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 47
  • Deed Book: 2223

Rental Info

  • Flood Expenses: 787
  • Lease Terms: Weekly
  • Maintenance Expenses: 600
  • Other Expenses: 340
  • Other Insurance Expenses: 445
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Chillicothe
  • Rental Cottage Number: HIS305
  • Rental Phone Number: 252-888-0835
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 960
  • Annual Electric: 1728
  • Annual Water Expense: 428
  • Rental Contact Email: jennifer@bbv.com
  • Rental Contact Name: Jennifer Paddock
  • Rental Contact Phone: 252-888-0835

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2022
  • Taxes: 2253.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 29, 2023
Sold by
Pierce Neil and Pierce Cynthia
Bought by
Neil And Cynthia Pierce Living Trust and Pierce
Current Estimated Value
$591,595

Purchase Details

Listed on
Jun 1, 2023
Closed on
Sep 25, 2023
Sold by
Ewen Dudley Bright and Ewen Emily L
Bought by
Pierce Neil and Pierce Cynthia
Seller's Agent
Shawna Kiricoples
Keller Williams - Outer Banks
Buyer's Agent
Andy Tucker
Beach House Brokers, LLC
List Price
$625,000
Sold Price
$625,000
Views
63

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.17%
Original Mortgage
$435,000
Interest Rate
7.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2018
Sold by
Ewan Bright Dudley Est
Bought by
Ewen 4Th Dudlley B and Brown Jennifer B
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
Neil And Cynthia Pierce Living Trust -- None Listed On Document
Pierce Neil $3,750,000 None Listed On Document
Ewen 4Th Dudlley B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pierce Neil $435,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $625,000 0.0% $354 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $625,000 0.0% $354 / Sq Ft
06/04/2023 06/04/23 Pending -- -- --
06/01/2023 06/01/23 For Sale $625,000 -- $354 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $2,731 $616,500 $215,000 $401,500
2024 $2,366 $365,200 $147,800 $217,400
2023 $2,291 $373,896 $147,800 $226,096
2022 $2,254 $373,896 $147,800 $226,096
2021 $2,216 $373,896 $147,800 $226,096
2020 $2,211 $373,896 $147,800 $226,096
2019 $2,356 $332,400 $147,600 $184,800
2018 $2,293 $332,400 $147,600 $184,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122405

Outer Banks Association of REALTORS®

APN: 012878000

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