NOT LISTED FOR SALE

Estimated Value: $731,000 - $865,000

4 Beds
6 Baths
3,192 Sq Ft
$251/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $536,000 $168 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $4,651/month

149 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of April 2021

Whether you are looking for a year-round residence, vacation home or investment opportunity, you cannot afford to miss this beautifully decorated and maintained home in the charming Hatteras Colony subdivison of Salvo. "Pearl" is a real gem!! This colorful 4 bedroom (all masters!!), 4 full bath and 2 half bath home is located just six lots back from the beach with beautiful ocean views and loaded with special touches and amenities galore!! Enjoy your large private pool and hot tub; stroll to the beach, the Salvo Day Beach (soundside) or the ice cream parlor or just relax on one of the many sunny or shaded decks and enjoy the ocean breezes. The lower level boasts an incredible game room with wet bar (with a full size refrigerator and microwave!) as well as a sitting room and entertainment center. Move up one level to three large and colorful bedrooms and bathrooms and access to shaded decks. The top level of this gorgeous home offers colorful decor, vaulted ceilings, an amazing open living/dining area, fully equipped kitchen with breakfast bar, a king master suite, windows galore and ocean views. No wonder this property is such a solid rental performer with more than $60K already on the books for 2021!! This is one you do NOT want to miss!! When you are lucky enough to find your "Pearl", you need to grab it!! Come and visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 09/15/2020

Co-Listed By

John Mills

Midgett Realty - Rodanthe License #280732

Last Buyer's Agent

William Crews

Sun Realty - Avon License #314192

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,091

Year Built

  • Built in 2003

Lot Details

  • 10,000 Sq Ft Lot
  • Level Lot

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 3,192 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • John Griffith Association, Phone Number (252) 987-2332
  • Hatteras Colony Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,091

Year Built

Built in 2003

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, Hot Tub, Outside Lighting, Outside Shower, Patio, Sun Deck, Water Filter
  • Subdivision Name: Hatteras Colony Sec A
  • Headline: STUNNING HOME IN SALVO!!
  • Heated Sq Ft: 3192
  • L V T Date: 09/15/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Advertised Income 2020: 52490
  • Advertised Income 2021: 60869
  • Deed Book Pg Number: 447
  • 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, 2nd Refrigerator
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street, Under, Unpaved

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Easement(s), Level
  • Lot Number: Lot 7
  • Estimated Lot Size: 0.23
  • Deed Book: 2160

Rental Info

  • Est Annual Rental Income: 52490
  • Estimated Rental Performance: 0.0979
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Pearl
  • Rental Cottage Number: 425
  • Rental Turnover Day: Sunday
  • Rental Contact Email: lisal@surforsound.com
  • Rental Contact Name: Lisa Latham

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2020
  • Taxes: 3090.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Mar 30, 2021
Sold by
Sandy Toes Llc
Bought by
Nussbaum Samuel Eli and Nussbaum Malgorzata
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
William Crews
Sun Realty - Avon
List Price
$550,000
Sold Price
$536,000
Premium/Discount to List
-$14,000
-2.55%
Current Estimated Value
$801,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$265,930
Avg. Annual Appreciation
10.68%
Original Mortgage
$0
Interest Rate
3%
Mortgage Type
Unknown

Purchase Details

Listed on
Nov 3, 2016
Closed on
Mar 31, 2017
Sold by
Tinaro Philip W and Tinaro Erin E M
Bought by
Sandy Toes Llc
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$419,000
Sold Price
$345,000
Premium/Discount to List
-$74,000
-17.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.61%

Purchase Details

Listed on
Nov 3, 2016
Closed on
Mar 24, 2017
Sold by
Bir Thomas A and Bir Mary K
Bought by
Tinaro Philip W and Tinaro Erin Em
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$419,000
Sold Price
$345,000
Premium/Discount to List
-$74,000
-17.66%
Source: Public Records

Range of Values:

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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
Nussbaum Samuel Eli $536,000 None Available
Sandy Toes Llc -- None Available
Tinaro Philip W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Elinussbaum Samuel $0
Open Nussbaum Samuel Eli $482,400
Previous Owner Bir Thomas A $58,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $536,000 +0.2% $168 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
11/04/2020 11/04/20 Price Changed $535,000 -2.7% $168 / Sq Ft
09/15/2020 09/15/20 For Sale $550,000 +59.4% $172 / Sq Ft
03/30/2017 03/30/17 Sold $345,000 -17.7% $108 / Sq Ft
01/25/2017 01/25/17 Pending -- -- --
11/03/2016 11/03/16 For Sale $419,000 -- $131 / 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 $3,333 $508,400 $92,500 $415,900
2023 $3,217 $525,036 $92,500 $432,536
2022 $3,165 $525,036 $92,500 $432,536
2021 $3,098 $522,644 $92,500 $430,144
2020 $3,091 $522,644 $92,500 $430,144
2019 $2,652 $370,200 $84,100 $286,100
2018 $2,652 $370,200 $84,100 $286,100
2017 $2,662 $370,200 $84,100 $286,100
2016 $2,475 $370,200 $84,100 $286,100
2014 $2,475 $370,200 $84,100 $286,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111025

Outer Banks Association of REALTORS®

APN: 013111000