NOT LISTED FOR SALE

Estimated Value: $795,000 - $1,108,000

5 Beds
4.5 Baths
3,306 Sq Ft
$285/Sq Ft Est. Value

Last Sold April 05, 2012

Last sale price $522,000 $158 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,444/month

19 Days on Market

Highlights

  • Ocean View
  • Concrete Pool
  • Wood Flooring
  • Beach Access
  • Second Refrigerator
  • Main Floor Bedroom

About This Home

As of April 2012

Strikingly attractive 5 bedroom oceanside cottage in Salvo. 16x32 ft. private pool w/solar heat. Game room w/pool table. Hot tub. Panoramic ocean views from 3rd level & tower room. Bright & spacious interior. Beach access at end of street. Impressive value for the price.

Last Agent to Sell the Property

Tom Hranicka

NC 12 Realty License #135133 Listed on: 01/16/2012

Last Buyer's Agent

Sandra Byers

Outer Banks Realty Group License #164033

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,278

Year Built

  • Built in 2003

Lot Details

  • 0.28 Acre Lot
  • Level Lot
  • Property is zoned S-1

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 3,306 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Loft
  • Game Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck
  • Exterior Lighting
  • Storage Shed

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 43

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,278

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Hwy 12 to Rampart St. Right on Colony Dr. Right on Quay Court.
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Storage Shed, Sun Deck
  • Flood Zone: AE
  • Headline: Strikingly Attractive
  • Heated Sq Ft: 3306
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: E
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: S-1
  • Deed Book Pg Number: 0351
  • Middle School District: Cape Hatteras
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 3
  • Kitchen: On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Loft
  • Partial Bathrooms: 1
  • Optional Room 1: Tower, On Level: 4

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Concrete, Heated
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: Yes
  • Street Frontage: 68
  • Sun Deck Size: Yes
  • View: Ocean, Sound

Garage/Parking

  • Parking: Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 4202

Schools

  • Elementary School: Cape Hatteras
  • Middle School: Cape Hatteras
  • High School: Cape Hatteras

Lot Info

  • Estimated Lot Sq Ft: 12000
  • Lot Description: Level
  • Lot Faces: S
  • Lot Size: irregular
  • Lot Number: Lot 43
  • Deed Book: 1725

Rental Info

  • Est Annual Rental Income: 44890
  • Estimated Rental Performance: 0.086
  • Flood Expenses: 449
  • Lease Terms: Weekly
  • Rental Co: Outer Beaches Realty
  • Rental Cottage Name: Corey's Heaven
  • Rental Cottage Number: 617
  • Rental Phone Number: 252-995-4477
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 840
  • Annual Electric: 4133
  • Annual Telephone Expense: 414
  • Annual Water Expense: 577

Building Info

  • Year Built: 2003

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 3277.63

MLS Schools

  • Senior High School District: Cape Hatteras

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2012
Closed on
Apr 5, 2012
Sold by
Johnson Nancy A
Bought by
Whitten Frederick A and Whitten Kathy S
Seller's Agent
Tom Hranicka
NC 12 Realty
Buyer's Agent
Sandra Byers
Outer Banks Realty Group
List Price
$549,500
Sold Price
$522,000
Premium/Discount to List
-$27,500
-5%
Current Estimated Value
$941,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,245
Avg. Annual Appreciation
4.50%
Original Mortgage
$417,000
Outstanding Balance
$290,886
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$650,359
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
Whitten Frederick A $522,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Whitten Frederick A $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2012 04/05/12 Sold $522,000 -5.0% $158 / Sq Ft
02/04/2012 02/04/12 Pending -- -- --
01/16/2012 01/16/12 For Sale $549,500 -- $166 / 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 $3,792 $581,300 $131,300 $450,000
2023 $3,673 $599,300 $131,300 $468,000
2022 $3,613 $599,300 $131,300 $468,000
2021 $3,563 $599,300 $131,300 $468,000
2020 $3,544 $599,300 $131,300 $468,000
2019 $3,637 $508,200 $125,600 $382,600
2018 $3,637 $508,200 $125,600 $382,600
2017 $3,637 $508,200 $125,600 $382,600
2016 $3,394 $508,200 $125,600 $382,600
2014 $3,406 $508,200 $125,600 $382,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73157

Outer Banks Association of REALTORS®

APN: 012874000