Melissa Morgan
Landmark Sotheby's Internation
(252) 421-6771
59 Total Sales
1 in Salvo
$1,665,000 Price
26225 Cutlass Ln Salvo, NC 27972
Salvo AreaEstimated Value: $946,272 - $4,478,000
5
Beds
6.5
Baths
3,315
Sq Ft
$561/Sq Ft
Est. Value
Highlights
- Ocean View
- In Ground Pool
- Coastal Architecture
- Beach Access
- Second Refrigerator
- Cathedral Ceiling
About This Home
As of May 2022If you are looking for the perfect vacation home or investment opportunity, look no further than "Pearl by the Sea". This gem of a home boasts the perfect location - just steps from the beach in the beautiful and quiet Hatteras Colony subdivison of Salvo, while just minutes from the walking path, soundside day beach and all the shopping, dining an entertainment that the tri-villages have to offer!. The amenities abound - private pool with trek decking; outside shower; elevator; hot tub; first level game room with wet bar (with a full refrigerator and microwave!); covered decks; sun decks; LARGE bedrooms; screened porch; open top level with cathedral ceilings; well planned kitchen with TWO dishwashers - the list is nearly endless! No wonder this property is such a solid rental performer with more than $81K already on the books for 2022! Don't miss this opportunity! Come and find your "Pearl by the Sea"...visit today!!
Last Agent to Sell the Property
Midgett Realty - Rodanthe License #162204 Listed on: 03/11/2022
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,764
Year Built
- Built in 2005
Lot Details
- 11,500 Sq Ft Lot
- Level Lot
Home Design
- Coastal Architecture
- Contemporary Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
- Piling Construction
Interior Spaces
- 3,315 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Electric Fireplace
- Window Treatments
- Game Room
- Screened Porch
- Ocean Views
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Ice Maker
- Second Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
- Off-Street Parking
Pool
- In Ground Pool
- Spa
- Outdoor Shower
Outdoor Features
- Beach Access
- Sun Deck
- Covered Deck
- Exterior Lighting
Utilities
- Forced Air 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 58
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 11, 2022
Closed on
May 17, 2022
Sold by
Bought by
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Cheryl White
Century 21 Nachman Realty
List Price
$929,000
Sold Price
$865,000
Premium/Discount to List
-$64,000
-6.89%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$993,568
Avg. Annual Appreciation
19.72%
Original Mortgage
$692,000
Outstanding Balance
$644,793
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$1,213,775
Purchase Details
Listed on
Feb 6, 2012
Closed on
Jun 20, 2012
Sold by
Bought by
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Rob Petty
Outer Banks Home Group
List Price
$464,900
Sold Price
$440,000
Premium/Discount to List
-$24,900
-5.36%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%
Original Mortgage
$280,000
Interest Rate
3.86%
Mortgage Type
New Conventional
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Salvo, NC
-
Melissa Morgan
-
Lynn Bulman
Lynn Bulman
Howard Hanna Outer Banks Realty
(252) 404-8028
284 Total Sales
1 in Salvo
$515,000 Price
-
Haley Winslow
Haley Winslow
Coldwell Banker Seaside Realty KH
(828) 268-3712
91 Total Sales
1 in Salvo
$1,175,000 Price
-
Rick Uhl
Rick Uhl
NC VA Land and Home Inc
(757) 909-6490
66 Total Sales
4 in Salvo
$406K - $610K Price Range
-
David Berberich
David Berberich
Hometown Realty
(804) 781-3443
74 Total Sales
1 in Salvo
$425,000 Price
-
Richard Tolson
Richard Tolson
RT Realty OBX, LLC
(252) 599-5418
56 Total Sales
1 in Salvo
$600,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $4,325,000 | Evans & Meads Pllc | ||
| $440,000 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $692,000 | ||
| Previous Owner | $267,500 | ||
| Previous Owner | $280,000 | ||
| Previous Owner | $741,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/23/2022 05/23/22 | Sold | $865,000 | -3.4% | $261 / Sq Ft | |
| 04/12/2022 04/12/22 | Pending | -- | -- | -- | |
| 04/06/2022 04/06/22 | Price Changed | $895,000 | -3.7% | $270 / Sq Ft | |
| 03/11/2022 03/11/22 | For Sale | $929,000 | +111.1% | $280 / Sq Ft | |
| 06/22/2012 06/22/12 | Sold | $440,000 | -5.4% | $133 / Sq Ft | View Prior Sale |
| 05/09/2012 05/09/12 | Pending | -- | -- | -- | |
| 02/06/2012 02/06/12 | For Sale | $464,900 | -- | $141 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $3,945 | $888,900 | $207,500 | $681,400 |
| 2024 | $4,019 | $616,000 | $140,100 | $475,900 |
| 2023 | $3,892 | $635,036 | $140,100 | $494,936 |
| 2022 | $3,828 | $635,036 | $140,100 | $494,936 |
| 2021 | $3,764 | $635,036 | $140,100 | $494,936 |
| 2020 | $3,756 | $635,036 | $140,100 | $494,936 |
Source: Public Records
Agents Affiliated with this Home
-
Trisha Midgett
Seller's Agent in 2022
Trisha Midgett
Midgett Realty - Rodanthe
(252) 996-0124
1,060 Total Sales
-
Cheryl White
Buyer's Agent in 2022
Cheryl White
Century 21 Nachman Realty
(252) 340-1979
23 Total Sales
-
Rob Petty
Seller's Agent in 2012
Rob Petty
Outer Banks Home Group
(252) 256-2830
36 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 117961
APN: 012963000
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.
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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