$97,000
SOLD APR 6, 2018

26872 Colony Dr Salvo, NC 27972

Salvo Neighborhood
2 Beds
1 Bath
745 Sq Ft
10,019 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

22% Below List Price

14 Days on Market

Highlights

  • Beach Access
  • Baseboard Heating
  • Wood Siding
  • Coastal Architecture
  • Level Lot
  • Carpet

About This Home

As of October 2023

Great opportunity to be in Salvo Oceanside at entry level. This home needs a lot of work.

Last Agent to Sell the Property

Dan Johnson

Midgett Realty - Hatteras License #90206 Listed on: 03/12/2018

Last Buyer's Agent

April Contestable

Brindley Beach Vacations & Sal License #190635

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $879

Year Built

  • Built in 1971

Home Design

  • 745 Sq Ft Home
  • Coastal Architecture
  • Frame Construction
  • Rubber Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Kitchen

  • Oven or Range
  • Ice Maker
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Private or Community Septic Tank

Additional Features

  • Beach Access
  • Level Lot

Community Details

  • Hatteras Colony Subdivision

Listing and Financial Details

  • Tax Lot # 53

Home Details

Home Type

Single Family

Est. Annual Taxes

$879

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Hwy 12 to Colony Drive, house on the left.
  • Extras: Beach Access
  • Headline: GREAT OPPORTUNITY
  • Heated Sq Ft: 745
  • L V T Date: 03/12/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0248
  • 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: Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Plywood, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Window Units
  • Heating: Baseboard, Electric
  • Sewer/Septic System: Private Septic

Lot Info

  • Lot Description: Level
  • Lot Number: Lot # 53
  • Deed Book: 1519

Rental Info

  • Other Expenses: 84100

Building Info

  • Year Built: 1971

Tax Info

  • Year: 2017
  • Taxes: 879

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2023
Closed on
Sep 29, 2023
Sold by
Almost Home Vacation Rentals Llc
Bought by
Dizicheh Muhammad
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$599,000
Sold Price
$605,000
Premium/Discount to List
$6,000
1%
Views
35
Current Estimated Value
$477,607

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$127,393
Avg. Annual Appreciation
-15.47%
Original Mortgage
$526,440
Outstanding Balance
$518,496
Interest Rate
8.25%
Mortgage Type
Construction
Estimated Equity
-$73,701

Purchase Details

Closed on
Feb 26, 2021
Sold by
Holt Jay M and Holt Catherine E
Bought by
Almost Home Vacation Rentals Llc

Purchase Details

Listed on
Aug 20, 2019
Closed on
Jan 3, 2020
Sold by
Waker Bruce A and Waker Jodi A
Bought by
Holt Jay M and Bale Catherine E
Seller's Agent
April Contestable
Brindley Beach Vacations & Sal
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
28.77%

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 6, 2018
Sold by
Buttke Karen A
Bought by
Walker Bruce A and Walker Jodi A
Seller's Agent
Dan Johnson
Midgett Realty - Hatteras
Buyer's Agent
April Contestable
Brindley Beach Vacations & Sal
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:

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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

Date Type Sale Price Title Company
Warranty Deed $3,630,000 None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $111,000 None Available
Warranty Deed $97,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $526,440 Construction
Previous Owner $64,000 New Conventional
Previous Owner $20,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 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 $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

    158 in this area

    1,277 Total Sales

    Section Image
  • Rick Drumm

    Buyer's Agent in 2023

    Rick Drumm

    Beach Realty & Construction

    (252) 305-9999

    1 in this area

    86 Total Sales

    Section Image
  • April Contestable

    Seller's Agent in 2020

    April Contestable

    Brindley Beach Vacations & Sal

    (252) 996-0131

    24 in this area

    69 Total Sales

    Section Image
  • Marty Griffin

    Buyer's Agent in 2020

    Marty Griffin

    Coldwell Banker Seaside Realty KH

    (252) 207-6448

    1 in this area

    77 Total Sales

    Section Image
  • Dan Johnson

    Seller's Agent in 2018

    Dan Johnson

    Midgett Realty - Hatteras

    (252) 305-6323

    22 in this area

    279 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99616

Outer Banks Association of REALTORS®

APN: 013155000

North Carolina Dare County Salvo 27959 Salvo

26872 Colony Dr, Salvo, NC

This home is located at 26872 Colony Dr, Salvo, NC 27972 and is currently priced at $97,000, approximately $130 per square foot. This property was built in 1971. 26872 Colony Dr is a home located in Dare County with nearby schools including Cape Hatteras Elementary School and Cape Hatteras Secondary School.

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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