NOT LISTED FOR SALE

26209 Cutlass Ln Salvo, NC 27972

Estimated Value: $386,954 - $518,000

3 Beds
2 Baths
1,248 Sq Ft
$362/Sq Ft Est. Value

Sale Details

Date Sold: November 15, 2022

Last sale price $349,620 $280 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,552 / mo

2 Days on Market

Highlights

  • Beach Access
  • Cathedral Ceiling
  • Central Heating and Cooling System
  • Beach Box Architecture
  • Outdoor Shower
  • Ceiling Fan

About This Home

As of November 2022

Cute beach cottage in the quiet Hatteras Colony Subdivision, not in a rental program. Enjoy an open living area with kitchen, living room, and sunroom. With 3 bedrooms and 2 baths there is plenty of space for a primary residence, 2nd home or vacation rental. There is additional space for bonus room and large garage to store all of your beach equipment. Walking distance to beach and close proximity to area restaurants and many local attractions of the Cape Hatteras National Seashore. Tons of potential - currently vacant and unfurnished, you can truly make it your own. Call today - this sweet cottage will not stay on the market long!!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 09/28/2022

Co-Listed By

John Mills

Midgett Realty - Rodanthe License #280732

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 09/28/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1986

Lot Details

  • 10,000 Sq Ft Lot
  • Level Lot
  • Property is zoned S-1

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,248 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Carpet
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Sun Deck

Utilities

  • Central 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 52

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,320

Year Built

Built in 1986

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Extras: Beach Access, Ceiling Fan(s), Outside Shower, Sun Deck
  • Flood Zone: AE, Shaded X
  • Subdivision Name: Hatteras Colony Sec D
  • Heated Sq Ft: 1248
  • L V T Date: 09/28/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: D
  • Waterfront Location: More than 5th row
  • Zoning: S-1
  • Deed Book Pg Number: 0356
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven
  • Bedrooms: 3
  • Floor Coverings: Carpet, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Attached, Carport
  • Parking: Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Number: Lot 52
  • Estimated Lot Size: 0.23
  • Deed Book: 1639

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2022
  • Taxes: 1319.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Nov 7, 2022
Sold by
Phillips Todd W and Phillips Lisa D
Bought by
Mostrag Mariusz Tomasz and Mostrag Katherine Leary
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$359,000
Sold Price
$349,620
Premium/Discount to List
-$9,380
-2.61%
Current Estimated Value
$451,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,619
Avg. Annual Appreciation
7.89%
Original Mortgage
$279,696
Outstanding Balance
$270,692
Interest Rate
6.92%
Mortgage Type
New Conventional
Estimated Equity
$180,547

Purchase Details

Closed on
Jun 25, 2005
Sold by
Bailey James D and Bailey Michele E
Bought by
Phillips Todd W and Phillips Lisa D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.66%
Mortgage Type
New Conventional
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
Mostrag Mariusz Tomasz $1,748,100 --
Phillips Todd W $315,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mostrag Mariusz Tomasz $279,696
Previous Owner Phillips Todd W $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/15/2022 11/15/22 Sold $349,620 -2.6% $280 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $359,000 -- $288 / 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 $1,468 $340,200 $135,000 $205,200
2024 $1,385 $218,900 $100,000 $118,900
2023 $1,341 $218,900 $100,000 $118,900
2022 $1,320 $218,900 $100,000 $118,900
2021 $1,298 $218,900 $100,000 $118,900
2020 $1,295 $218,900 $100,000 $118,900
2019 $1,370 $198,600 $105,300 $93,300
2018 $1,370 $198,600 $105,300 $93,300
2017 $1,370 $198,600 $105,300 $93,300
2016 $1,278 $198,600 $105,300 $93,300
2014 $1,278 $198,600 $105,300 $93,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120442

Outer Banks Association of REALTORS®

APN: 012957000

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