NOT LISTED FOR SALE

26202 Merrimac Ln Salvo, NC 27972

Salvo Neighborhood

Estimated Value: $355,000 - $494,000

3 Beds
2 Baths
1,008 Sq Ft
$428/Sq Ft Est. Value

Last Sold May 26, 2015

Last sale price $220,000 $218 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $2,458/month

97 Days on Market

Highlights

  • Community Beach Access
  • Rooftop Deck
  • Corner Lot
  • Boat Dock
  • Beach Box Architecture
  • Furnished

About This Home

As of May 2015

A cute, very well-maintained cottage with lots of updates! This family-friendly 3BR, 1.5BA cottage includes all you'll need for a great private getaway or rental investment beach property. A spacious family/kitchen area is the perfect place to reminisce about the day you've had and to plan your fun for tomorrow! You can indulge yourself in the hot tub and the out-of-doors fresh air on the furnished screened porch. There's also a crow's nest atop the cottage where you can enjoy the views of the ocean and the sound. Hatteras Colony S/D is a good mix of private/rental homes near to shopping & restaurants and the beach, which is just a short walk away. Many recent upgrades/improvements: new plumbing/fixtures/countertops/roof; recently renovated or replaced ductwork/AC/hot water heater/outside storage/all appliances. Ready for you to take advantage of this great place !!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 01/02/2015

Last Buyer's Agent

Buddy Crumpton

Default, Office License #161515

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,091

Year Built

  • Built in 1978

Lot Details

  • 0.25 Acre Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,008 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Outdoor Shower
  • Spa

Outdoor Features

  • Rooftop Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 49

Community Details

Overview

  • Association fees include walkways
  • Hatteras Colony Subdivision

Recreation

  • Boat Dock
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,091

Year Built

Built in 1978

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: NC 12 N, right onto Monitor, left on Galleon, house at corner of Merrimac.
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Outside Shower, Screened Porch, Roof Top Deck
  • Flood Zone: AE
  • Heated Sq Ft: 1008
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: R
  • Deed Book Pg Number: 0010
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Boat Ramp, Ocean Access, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 35

Lot Info

  • Estimated Lot Sq Ft: 11000
  • Lot Description: Corner, Level
  • Lot Number: Lot 49
  • Deed Book: 1740

Rental Info

  • Est Annual Rental Income: 17000
  • Estimated Rental Performance: 0.0773
  • Lease Terms: Weekly
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Island Happy
  • Rental Cottage Number: SA49C
  • Rental Phone Number: 252-987-2350
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2014
  • Taxes: 1090.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2015
Closed on
May 20, 2015
Sold by
Francis James V and Francis Theresa E
Bought by
Mcallister Amy L and Mcallister Lawrence J
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Buddy Crumpton
Default, Office
List Price
$224,900
Sold Price
$220,000
Premium/Discount to List
-$4,900
-2.18%
Current Estimated Value
$431,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,117
Avg. Annual Appreciation
6.78%

Purchase Details

Closed on
Aug 22, 2007
Sold by
Marotta Margaret M
Bought by
Francis James and Francis Theresa E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$35,000
Interest Rate
6.62%
Mortgage Type
Unknown
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
Mcallister Amy L $220,000 None Available
Francis James $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis James $195,530
Previous Owner Francis James $200,800
Previous Owner Francis James $35,000
Previous Owner Francis James $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2015 05/26/15 Sold $220,000 -2.2% $218 / Sq Ft
04/09/2015 04/09/15 Pending -- -- --
01/02/2015 01/02/15 For Sale $224,900 -- $223 / 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 $1,266 $195,700 $94,800 $100,900
2023 $1,224 $199,736 $94,800 $104,936
2022 $1,204 $199,736 $94,800 $104,936
2021 $1,186 $199,736 $94,800 $104,936
2020 $1,181 $199,736 $94,800 $104,936
2019 $1,169 $165,500 $86,200 $79,300
2018 $1,172 $165,500 $86,200 $79,300
2017 $1,172 $165,500 $86,200 $79,300
2016 $1,091 $165,500 $86,200 $79,300
2014 $1,091 $165,500 $86,200 $79,300
Source: Public Records

Agents Affiliated with this Home

  • Trisha Midgett

    Seller's Agent in 2015

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    157 in this area

    1,265 Total Sales

    Trisha Midgett
    Section Image

  • B

    Buyer's Agent in 2015

    Buddy Crumpton

    Default, Office

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86204

Outer Banks Association of REALTORS®

APN: 013013000

North Carolina Dare County Salvo 27959 Salvo

26202 Merrimac Ln, Salvo, NC

This home is located at 26202 Merrimac Ln, Salvo, NC 27972 since 02 January 2015 and is currently estimated at $431,117, approximately $427 per square foot. This property was built in 1978. 26202 Merrimac Ln is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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