NOT LISTED FOR SALE

26872 Colony Dr Salvo, NC 27972

Salvo Area

Estimated Value: $244,000 - $603,924

2 Beds
2 Baths
774 Sq Ft
$555/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2023

Last sale price $605,000 $782 Per Sq Ft

Est. 29% decrease in value since last sale

Current estimated payment $2,474 / mo

12 Days on Market

Highlights

  • Beach Access
  • Coastal Architecture
  • Furnished
  • Spa
  • Wood Flooring
  • Wood Countertops

About This Home

As of October 2023

HIGHEST & BEST DUE SATURDAY 8/26 AT 11 AM. Welcome to The Round House, where the past meets the present, and coastal living becomes a timeless journey. Only a stone's throw from the beach, let the ocean's song and starry nights pull you back to the timeless charm of coastal living. Recently updated in 2021, The Round House masterfully harmonizes playful elegance with contemporary convenience, featuring an open layout that balances intimacy and unity. With 2 bedrooms and 2 bathrooms, this dwelling offers a seamless fusion of relaxation and engagement. The Pirate’s Nook ensures a private haven, ensuring each guest finds their slice of solitude. Culinary enthusiasts will appreciate the well-appointed kitchen, accompanied by ample dining space and banquet seating. The living area, adorned with an electric fireplace, a turntable, and a striking Art TV, becomes the canvas for cherished moments. Step outdoors to uncover various alcoves designed for unwinding: a screened porch furnished with suspended chairs and a well-equipped bar setup, decks adorned with Hatteras Hammock Rocking chairs, and a distinctive built-in hammock tailored for nights beneath the stars. A generous yard invites outdoor play, complemented by a dual outdoor shower, exterior sink, fridge, and a fish cleaning station, ensuring convenience at every turn. Nestled in the serene beachside neighborhood of Hatteras Colony the home offers vistas reminiscent of postcards, showcasing Hatteras Island's unspoiled and uncrowded beaches. It's a haven where children can freely ride bikes or skateboards, while adults can relish tranquil jogs along a scenic two-mile loop. Salvo's unique charm unfurls through its pedestrian and cycling path, guiding you to local treasures such as Real Watersports, the Salvo Day use area, and the inviting Waves Deli. The Round House isn't just an escape; it's an investment. With an impressive $79K in rental history for 2023, envision a venture where memories meet remarkable returns. Contact us today to make The Round House your coastal haven. Experience a slice of paradise that's truly one of a kind!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 08/15/2023

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction-KH License #141499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $937

Year Built

  • Built in 1971

Lot Details

  • 10,000 Sq Ft Lot
  • Level Lot
  • Property is zoned S-1

Home Design

  • Coastal Architecture
  • Frame Construction
  • Rubber Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 774 Sq Ft Home
  • Wet Bar
  • Furnished
  • Electric Fireplace
  • Window Treatments
  • Screened Porch
  • Wood Flooring
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Wood Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Patio
  • Exterior Lighting
  • Storage Shed

Utilities

  • Mini Split Air Conditioners
  • Central Heating
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Hatteras Colony Subdivision

Listing and Financial Details

  • Tax Lot 53

Home Details

Home Type

Single Family

Est. Annual Taxes

$937

Year Built

Built in 1971

Lot Details

10,000 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Beach Access, Hot Tub, Outside Lighting, Outside Shower, Patio, Screened Porch, Storage Shed, Sun Deck
  • Flood Zone: AE
  • Headline: A Unique Beachside Retreat!
  • Heated Sq Ft: 774
  • L V T Date: 08/15/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: S-1
  • Deed Book Pg Number: 0748
  • 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, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 2
  • Countertops: Wood
  • Floor Coverings: Wood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Ensuite, Wet Bar, Electric Fireplace

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Roof: Rubber

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Mini-Split
  • Heating: Central, Electric, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Number: Lot 53
  • Estimated Lot Size: 0.23
  • Deed Book: 2474

Rental Info

  • Est Annual Rental Income: 79938
  • Estimated Rental Performance: 0.1321
  • Lease Terms: Weekly
  • Rental Co: Managed by Homeowner
  • Rental Cottage Name: The Round House
  • Rental Turnover Day: Flex

Building Info

  • Year Built: 1971

Tax Info

  • Year: 2023
  • Taxes: 937.12

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
Aug 15, 2023
Closed on
Sep 29, 2023
Sold by
Bought by
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Rick Drumm
Beach Realty & Construction-KH
List Price
$599,000
Sold Price
$605,000
Premium/Discount to List
$6,000
1%
Views
35
Current Estimated Value
$429,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$175,269
Avg. Annual Appreciation
-11.35%
Original Mortgage
$526,440
Interest Rate
8.25%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 26, 2021
Sold by
Bought by

Purchase Details

Listed on
Aug 20, 2019
Closed on
Jan 3, 2020
Sold by
Bought by
Seller's Agent
April Contestable
Brindley Beach Vacations & Sales - KH
Buyer's Agent
Marty Griffin
Coldwell Banker Seaside Realty KH
List Price
$117,000
Sold Price
$110,700
Premium/Discount to List
-$6,300
-5.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.20%

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 6, 2018
Sold by
Bought by
Seller's Agent
Dan Johnson
Midgett Realty - Hatteras
Buyer's Agent
April Contestable
Brindley Beach Vacations & Sales - KH
List Price
$125,000
Sold Price
$97,000
Premium/Discount to List
-$28,000
-22.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$3,630,000 None Listed On Document
-- None Listed On Document
$111,000 None Available
$97,000 --
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 $499,500
Closed $526,440
Previous Owner $64,000
Previous Owner $20,000
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
10/02/2023 10/02/23 Sold $605,000 +1.0% $782 / Sq Ft
08/27/2023 08/27/23 Pending -- -- --
08/15/2023 08/15/23 For Sale $599,000 +441.1% $774 / Sq Ft
02/03/2020 02/03/20 Sold $110,700 -5.4% $138 / Sq Ft View Prior Sale
12/05/2019 12/05/19 Pending -- -- --
09/28/2019 09/28/19 For Sale $117,000 0.0% $146 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
08/20/2019 08/20/19 For Sale $117,000 +20.6% $146 / Sq Ft
04/06/2018 04/06/18 Sold $97,000 -22.4% $130 / Sq Ft View Prior Sale
03/26/2018 03/26/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $125,000 -- $168 / 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 $1,384 $313,400 $117,500 $195,900
2024 $968 $150,600 $92,500 $58,100
2023 $937 $152,924 $92,500 $60,424
2022 $922 $152,924 $92,500 $60,424
2021 $628 $105,916 $92,500 $13,416
2020 $623 $105,400 $92,500 $12,900
2019 $879 $127,500 $84,100 $43,400
2018 $879 $127,500 $84,100 $43,400
2017 $879 $127,500 $84,100 $43,400
2016 $821 $127,500 $84,100 $43,400
2014 $821 $127,500 $84,100 $43,400
Source: Public Records

Agents Affiliated with this Home

  • Trisha Midgett

    Seller's Agent in 2023

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    1,068 Total Sales

    Trisha Midgett
    Section Image
  • Rick Drumm

    Buyer's Agent in 2023

    Rick Drumm

    Beach Realty & Construction-KH

    (252) 305-9999

    79 Total Sales

    Rick Drumm
    Section Image
  • April Contestable

    Seller's Agent in 2020

    April Contestable

    Brindley Beach Vacations & Sales - KH

    (252) 996-0131

    48 Total Sales

    April Contestable
    Section Image
  • Marty Griffin

    Buyer's Agent in 2020

    Marty Griffin

    Coldwell Banker Seaside Realty KH

    (252) 207-6448

    59 Total Sales

    Marty Griffin
    Section Image
  • Dan Johnson

    Seller's Agent in 2018

    Dan Johnson

    Midgett Realty - Hatteras

    (252) 305-6323

    220 Total Sales

    Dan Johnson
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123125

Outer Banks Association of REALTORS®

APN: 013155000

North Carolina Dare County Salvo 27959

26872 Colony Dr, Salvo, NC

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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