NOT LISTED FOR SALE

Estimated Value: $541,000 - $595,000

3 Beds
2 Baths
1,008 Sq Ft
$563/Sq Ft Est. Value

Last Sold August 21, 2017

Last sale price $212,000 $210 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $3,135/month

64 Days on Market

Highlights

  • Community Beach Access
  • Furnished
  • En-Suite Primary Bedroom
  • Beach Box Architecture
  • Screened Porch
  • Ceramic Tile Flooring

About This Home

As of August 2017

This cute oceanside cottage features 3 bedrooms (1 master suite), large sundeck, screen porch, etc. The owners have taken a hands-on approach to beach home ownership and it shows with updates and improvements including: Exterior Siding, Roof, Windows, Decking, Cabinets, Flooring, HVAC and the list goes on. Nestled away in the oceanside community of Hatteras Colony this property features deeded ocean/beach access which is just a short walk straight down Monitor Lane. If you're looking for a beach cottage that's been well cared for, within close proximity to the beach and at a price point that won't break the bank; this is a great value!

Last Agent to Sell the Property

Rob Petty

Outer Banks Home Group License #224417 Listed on: 04/25/2017

Last Buyer's Agent

April Contestable

Brindley Beach Vacations & Sal License #190635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $975

Year Built

  • Built in 1985

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 125 x 80
  • Level Lot
  • Property is zoned S-1

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Modular or Manufactured Materials
  • Piling Construction

Interior Spaces

  • 1,008 Sq Ft Home
  • Furnished
  • Window Treatments
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Sun 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 # 55

Community Details

Overview

  • Hatteras Colony Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$975

Year Built

Built in 1985

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Hwy 12 to Salvo, turn onto Monitor Lane, house on the left
  • Extras: Beach Access, Screened Porch, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Hatteras Colony Subdivision
  • Headline: Cute Oceanside Cottage
  • Heated Sq Ft: 1008
  • L V T Date: 04/25/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: C
  • Waterfront Location: More than 5th row
  • Zoning: S-1
  • Deed Book Pg Number: 0369
  • Office License Number: C7816
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • Construction: Frame, Modular (Pre-Fab), Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 80

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Sound Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 35
  • Home Owner Dwelling Insurance: 245

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Faces: S
  • Lot Size: 125 x 80
  • Lot Number: Lot # 55
  • Deed Book: 0863

Rental Info

  • Est Annual Rental Income: 20875
  • Estimated Rental Performance: 0.0985
  • Flood Expenses: 755
  • Maintenance Expenses: 500
  • Other Expenses: 270
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 742
  • Annual Electric: 1498
  • Annual Water Expense: 247

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2016
  • Taxes: 975.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Vincent Presgrave Andrew
Bought by
Presgrave Jamie Mundy
Current Estimated Value
$568,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,600
Outstanding Balance
$205,168
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$362,832

Purchase Details

Listed on
Apr 25, 2017
Closed on
Aug 10, 2017
Sold by
Landolt Martin J and Landolt Patricia M
Bought by
Presgrave Andrew Vincent and Presgrave Jamie Mundy
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
April Contestable
Brindley Beach Vacations & Sal
List Price
$219,900
Sold Price
$212,000
Premium/Discount to List
-$7,900
-3.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.84%
Original Mortgage
$214,141
Interest Rate
3.96%
Mortgage Type
New Conventional
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
Presgrave Jamie Mundy $1,000 New Title Company Name
Presgrave Andrew Vincent $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Presgrave Jamie Mundy $214,600
Previous Owner Presgrave Andrew Vincent $214,141
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/21/2017 08/21/17 Sold $212,000 -1.3% $210 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
05/12/2017 05/12/17 Price Changed $214,900 -2.3% $213 / Sq Ft
04/25/2017 04/25/17 For Sale $219,900 -- $218 / 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 $1,440 $227,500 $85,000 $142,500
2023 $1,394 $227,500 $85,000 $142,500
2022 $1,371 $227,500 $85,000 $142,500
2021 $1,349 $227,500 $85,000 $142,500
2020 $1,345 $227,500 $85,000 $142,500
2019 $975 $141,400 $62,900 $78,500
2018 $975 $141,400 $62,900 $78,500
2017 $975 $141,400 $62,900 $78,500
2016 $910 $141,400 $62,900 $78,500
2014 $910 $141,400 $62,900 $78,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 96173

Outer Banks Association of REALTORS®

APN: 013019000