NOT LISTED FOR SALE

26215 Cutlass Ln Salvo, NC 27972

Salvo Neighborhood

Estimated Value: $456,000 - $590,000

3 Beds
2 Baths
1,461 Sq Ft
$354/Sq Ft Est. Value

Last Sold September 12, 2014

Last sale price $195,000 $133 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $2,952/month

112 Days on Market

Highlights

  • Community Beach Access
  • Second Refrigerator
  • Cathedral Ceiling
  • Spa
  • Contemporary Architecture
  • Furnished

About This Home

As of September 2014

What a great neighborhood for your private or rental home! An established area with a good mix of year-round as well as rental homes, so a safe, quality place to own property. Treat your family and/or guests to a quaint, nicely furnished, relaxing cottage. There's a spacious family area for your crowd, a convenient panty/washroom on the first level of home, and sizeable outdoor shower on ground level. Well-cared-for and very comfortable. Enjoy the sun and the beach breezes on the sun deck and in the hot tub. Close to shopping, restaurants, new Tri-village walk/bike path, and ice cream! And an easy walk to some of the nicest, uncrowded, double-duned beaches on Hatteras Island.

Last Agent to Sell the Property

Jonathan Waddill

Surf or Sound Realty - Rodanthe License #237283 Listed on: 04/17/2014

Last Buyer's Agent

Mary-Ruth Reiss

Coldwell Banker Seaside Realty - KDH License #77895

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,361

Year Built

  • Built in 1983

Lot Details

  • 10,000 Sq Ft Lot
  • Level Lot

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,461 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot # 54

Community Details

Overview

  • Association fees include walkways
  • Hatteras Colony Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,361

Year Built

Built in 1983

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: NC 12 S, left on Rampart, right on Colony, right onto Cutlass, fifth house on right.
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: AE
  • Headline: VERY MOTIVATED SELLERS
  • Heated Sq Ft: 1461
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: R
  • Deed Book Pg Number: 0139
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Pantry, Skylight, Washer Connection
  • Optional Rooms: Pantry

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 35

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Number: Lot # 54
  • Deed Book: 1874

Rental Info

  • Est Annual Rental Income: 12145
  • Estimated Rental Performance: 0.0623
  • Lease Terms: Weekly
  • Rental Co: Vacasa - Hatteras
  • Rental Cottage Name: Barefoot Beachcombers
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2013
  • Taxes: 1361.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2011
Sold by
Puppy Drum Properties Llc
Bought by
Bushway Brian J and Bushway Ellen M
Current Estimated Value
$516,827

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$122,308
Interest Rate
4.62%
Mortgage Type
New Conventional
Estimated Equity
$394,519

Purchase Details

Closed on
Apr 6, 2011
Sold by
Gaines Gerald M and Gaines Karin
Bought by
Puppy Drum Properties Llc

Purchase Details

Closed on
Jul 24, 2006
Sold by
Gaenes Gerald M
Bought by
Gaines Gerald M and Gaines Karin
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
Bushway Brian J $250,000 None Available
Puppy Drum Properties Llc $147,018 None Available
Gaines Gerald M -- None Available
Gaines Gerald M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bushway Brian J $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2014 09/12/14 Sold $195,000 -18.7% $133 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
04/17/2014 04/17/14 For Sale $239,900 -- $164 / 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 $1,598 $246,600 $100,000 $146,600
2023 $988 $252,464 $100,000 $152,464
2022 $1,522 $252,464 $100,000 $152,464
2021 $1,500 $252,464 $100,000 $152,464
2020 $1,493 $252,464 $100,000 $152,464
2019 $1,495 $211,500 $105,300 $106,200
2018 $0 $211,500 $105,300 $106,200
2017 $1,499 $211,500 $105,300 $106,200
2016 $1,395 $211,500 $105,300 $106,200
2014 $140 $211,500 $105,300 $106,200
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Waddill

    Seller's Agent in 2014

    Jonathan Waddill

    Surf or Sound Realty - Rodanthe

    (252) 564-4319

    6 in this area

    86 Total Sales

    Jonathan Waddill
    Section Image
  • Mary-Ruth Reiss

    Buyer's Agent in 2014

    Mary-Ruth Reiss

    Coldwell Banker Seaside Realty - KDH

    (252) 480-4400

    1 in this area

    33 Total Sales

    Mary-Ruth Reiss
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83299

Outer Banks Association of REALTORS®

APN: 012959000

North Carolina Dare County Salvo 27959 Salvo

26215 Cutlass Ln, Salvo, NC

This home is located at 26215 Cutlass Ln, Salvo, NC 27972 since 17 April 2014 and is currently estimated at $516,827, approximately $353 per square foot. This property was built in 1983. 26215 Cutlass 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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