NOT LISTED FOR SALE

26793 Colony Dr Salvo, NC 27972

Salvo Neighborhood

Estimated Value: $424,000 - $1,272,000

4 Beds
2.5 Baths
2,140 Sq Ft
$443/Sq Ft Est. Value

Last Sold February 21, 2022

Last sale price $1,010,000 $472 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $5,483/month

43 Days on Market

Highlights

  • Beach Front
  • Spa
  • Coastal Architecture
  • Ocean View
  • Rooftop Deck
  • Cathedral Ceiling

About This Home

As of February 2022

Whether you are looking for the perfect year round residence, vacation home or investment opportunity, you do NOT want to miss this 4 bedroom/ 2 full and 1 half bath charmer in the the beautiful Hatteras Colony subdivision of Salvo. Located just steps from the beautiful beach with protective dunes (Shaded X flood zone!), and a stroll to the local creamery yet minutes from all the shopping, dining and entertainment that the tri-villages has to offer, "Lost on Colony" offers the perfect location!! The amenities this home have to offer abound - sun decks; covered decks; rooftop crows' nest/deck; outdoor shower; hot tub; fenced yard; LARGE bedrooms; master bath with whirlpool tub; open upper level with panoramic views, cathedral ceilings, gorgeous hardwood floors and gas fireplace; kitchen with beautiful quartz counter tops, stainless appliances and breakfast bar...the list just goes on and on. While currently on a limited rental calendar, with this location and these amenities, this property could be a stellar rental performer. Don't miss this opportunity to own your beachfront dream home...come and visit "Lost On Colony" today!!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 11/15/2021

Last Buyer's Agent

Sarah Spencer

Keller Williams - Outer Banks License #185795

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 2017

Lot Details

  • 10,500 Sq Ft Lot
  • Beach Front
  • Fenced Yard
  • Level Lot

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,140 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Quartz Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • John Griffin Association, Phone Number (252) 987-2332
  • Built by Carl Worsley & Associates
  • Hatteras Colony Subdivision

Listing and Financial Details

  • Tax Lot 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,952

Year Built

Built in 2017

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Sun Deck, Roof Top Deck
  • Flood Zone: Shaded X
  • Subdivision Name: Hatteras Colony Sec A
  • Headline: OCEANFRONT IN HATTERAS COLONY
  • Heated Sq Ft: 2140
  • L V T Date: 11/15/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 58819
  • Advertised Income 2021: 61565
  • Deed Book Pg Number: 0112
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Quartz
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Hardwood, Plank
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ensuite, Pantry, Some Windows Treated
  • Optional Rooms: Foyer
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Carl Worsley & Associates
  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Unpaved

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 35
  • Hoa Contact: John Griffin
  • HOA Contact: 252-987-2332

Lot Info

  • Estimated Lot Sq Ft: 10500
  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot 16
  • Estimated Lot Size: 0.24
  • Deed Book: 2190

Rental Info

  • Est Annual Rental Income: 49246
  • Estimated Rental Performance: 0.0488
  • Lease Terms: Weekly
  • Rental Co: Outer Beaches Realty
  • Rental Cottage Name: Lost On Colony
  • Rental Cottage Number: 512
  • Rental Turnover Day: Saturday
  • Rental Contact Email: caprice.oliver@OuterBeaches.com
  • Rental Contact Name: Caprice Oliver

Building Info

  • Year Built: 2017

Tax Info

  • Year: 2021
  • Taxes: 3951.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2017
Sold by
Brown Jonathan Gregory and Dyer Amberly D
Bought by
Smith Ronald Joseph and Smith Tamara J
Current Estimated Value
$948,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$534,432
Interest Rate
3.93%
Mortgage Type
Construction
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
Smith Ronald Joseph $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Ronald J $453,100
Closed Smith Ronald J $86,900
Closed Smith Ronald Joseph $534,432
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2022 02/21/22 Sold $1,010,000 -6.0% $472 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $1,075,000 -- $502 / 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 $4,218 $666,600 $329,100 $337,500
2023 $4,085 $666,600 $329,100 $337,500
2022 $4,018 $666,600 $329,100 $337,500
2021 $3,952 $666,600 $329,100 $337,500
2020 $3,942 $666,600 $329,100 $337,500
2019 $3,704 $537,000 $287,400 $249,600
2018 $0 $462,100 $287,400 $174,700
2017 $1,982 $287,400 $287,400 $0
2016 $1,850 $287,400 $287,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116817

Outer Banks Association of REALTORS®

APN: 013119001