NOT LISTED FOR SALE

Estimated Value: $267,000 - $657,000

4 Beds
2 Baths
1,420 Sq Ft
$358/Sq Ft Est. Value

Last Sold April 16, 2015

Last sale price $260,000 $183 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $2,931/month

23 Days on Market

Highlights

  • Ocean Front
  • Coastal Architecture
  • Covered Deck
  • Beach Access
  • Furnished
  • Carpet

About This Home

As of April 2015

A Great opportunity on Hatteras Island in the village of Salvo. When you first look at this beautiful 4 bedroom / 2 bath semi-oceanfront home with classic Outer Banks appeal, you will think it is brand new. The exterior has been through a major transformation with a New Roof, New Cedar Shake Siding, New Sliding Doors and several structural components. This home is ready to go for the 2015 rental season and for your family to enjoy for many years to come. This great location offers views of the ocean to the east and views of the sound to the west. The interior is comfortably furnished and equipped with TV's in each of the 4 bedrooms. This will be a turnkey opportunity with all of the furnishings to be included with some minor exceptions. There is parking under the house with a "dry entry" and the living space is expanded to the outside with plentiful decking for you to enjoy the ocean breeze and the relaxing sounds of the coast. Best of all, the beach is just a short stroll away for all of your fishing, surfing, combing and relaxation needs.

Last Agent to Sell the Property

Marty Griffin

Coldwell Banker Seaside Realty KH License #199715 Listed on: 02/10/2015

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Belinda Thomas

ROG OBX, Inc License #208954

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,543

Year Built

  • Built in 1974

Lot Details

  • 10,890 Sq Ft Lot
  • Lot Dimensions are 75 x 145
  • Ocean Front

Parking

  • Tuck Under Parking

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,420 Sq Ft Home
  • Furnished
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Hatteras Colony Subdivision

Listing and Financial Details

  • Tax Lot 33

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,543

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal, Cottage
  • Directions: In Salvo turn E on Bluebeard then S on Colony. House is immediately on the Left
  • Extras: Beach Access, Covered Decks, Sun Deck
  • Subdivision Name: Hatteras Colony Sec A
  • Headline: Many Recent Improvements
  • Heated Sq Ft: 1420
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 105
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes

Exterior Features

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

Garage/Parking

  • Parking: Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 10890
  • Lot Size: 75 x 145
  • Lot Number: Lot 33
  • Deed Book: 541

Rental Info

  • Est Annual Rental Income: 15000
  • Estimated Rental Performance: 0.0577
  • Lease Terms: Weekly
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 1974

Tax Info

  • Year: 2014
  • Taxes: 1542.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2024
Sold by
Cohen Alan M and Cohen Jeanette P
Bought by
Alan & Jeanette Cohen Joint Trust and Cohen
Current Estimated Value
$507,915

Purchase Details

Listed on
Feb 10, 2015
Closed on
Apr 16, 2015
Sold by
Webster Emmett G and Webster Jane C
Bought by
Cohen Alan M and Cohen Jeannette P
Seller's Agent
Marty Griffin
Coldwell Banker Seaside Realty KH
Buyer's Agent
Belinda Thomas
ROG OBX, Inc
List Price
$279,000
Sold Price
$260,000
Premium/Discount to List
-$19,000
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$208,000
Interest Rate
3.87%
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
Alan & Jeanette Cohen Joint Trust -- None Listed On Document
Cohen Alan M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cohen Alan M $1,905,000
Previous Owner Cohen Alan M $208,000
Previous Owner Webster Emmett G $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2015 04/16/15 Sold $260,000 -6.8% $183 / Sq Ft
03/05/2015 03/05/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $279,000 -- $196 / 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 $2,022 $319,600 $149,500 $170,100
2023 $1,959 $319,600 $149,500 $170,100
2022 $1,927 $319,600 $149,500 $170,100
2021 $1,769 $298,400 $149,500 $148,900
2020 $1,752 $298,400 $149,500 $148,900
2019 $1,752 $254,000 $149,300 $104,700
2018 $1,752 $254,000 $149,300 $104,700
2017 $1,752 $254,000 $149,300 $104,700
2016 $1,567 $243,400 $149,300 $94,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86727

Outer Banks Association of REALTORS®

APN: 013135000