NOT LISTED FOR SALE

26909 Colony Dr Salvo, NC 27972

Salvo Area

Estimated Value: $452,540 - $642,000

4 Beds
2 Baths
1,236 Sq Ft
$417/Sq Ft Est. Value

Sale Details

Date Sold: May 27, 2016

Last sale price $240,000 $194 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,972 / mo

59 Days on Market

Highlights

  • Community Beach Access
  • Coastal Architecture
  • Loft
  • Ocean View
  • Cathedral Ceiling
  • Furnished

About This Home

As of May 2016

This cozy and inviting cottage (one owner) has been well loved and the owners have taken a hands on approach to beach home ownership. Some of the recent updates and improvements include: New Exterior Siding, Windows, Doors, Decking, Cabinets, Silestone Countertops, Wood Laminate Flooring, Carpet and the list goes on. Along with a functional floor plan this home offers cathedral ceilings and large windows which provides a light and airy feel throughout. Nestled away in the oceanside community of Hatteras Colony, direct ocean/beach access is just a short walk away. If you're looking for a beach cottage that's been well cared for, within close proximity to the beach and at a price point that won't break the bank; then look no further!

Last Agent to Sell the Property

Rob Petty

Outer Banks Home Group License #224417 Listed on: 03/02/2016

Last Buyer's Agent

Jonathan Waddill

Surf or Sound Realty - Rodanthe License #237283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,177

Year Built

  • Built in 1992

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 125 x 80
  • Level Lot
  • Property is zoned S-1

HOA Fees

  • $3 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 1,236 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Bay Window
  • Loft
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot #47

Community Details

Overview

  • Hatteras Colony Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,177

Year Built

Built in 1992

Lot Details

10,000 Sq Ft Lot

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Hwy 12 to Salvo, turn onto Colony Drive, look for house on right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Screened Porch, Storage Shed, Sun Deck
  • Flood Zone: AE
  • Headline: Charming Oceanside Cottage
  • Heated Sq Ft: 1236
  • L V T Date: 03/02/2016
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: More than 5th row
  • Zoning: S-1
  • Deed Book Pg Number: 0057
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Silestone, Solid Surface
  • Floor Coverings: Carpet, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Bay/Bow Window, Cathedral Ceiling(s), Dryer Connection, Washer Connection
  • Optional Rooms: Loft

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 80
  • View: Ocean, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Unpaved

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Sound Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 30
  • Home Owner Dwelling Insurance: 1500

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Size: 125 x 80
  • Lot Number: Lot#47
  • Deed Book: 1551

Rental Info

  • Est Annual Rental Income: 16949
  • Estimated Rental Performance: 0.0706
  • Flood Expenses: 500
  • Lease Terms: Weekly
  • Other Expenses: 260
  • Other Expenses2: 150
  • Rental Co: Midgett Realty
  • Rental Cottage Name: Searenity
  • Rental Cottage Number: SA47A
  • Rental Phone Number: 252-986-2841
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 880
  • Annual Electric: 1300
  • Annual Telephone Expense: 1000
  • Annual Water Expense: 300

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2015
  • Taxes: 1177

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

Closed on
May 13, 2022
Sold by
Bought by
Current Estimated Value
$514,885

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 24, 2016
Sold by
Bought by
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Jonathan Waddill
Surf or Sound Realty - Rodanthe
List Price
$249,500
Sold Price
$240,000
Premium/Discount to List
-$9,500
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$192,000
Interest Rate
0.0366%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$2,250,000 Evans & Meads Pllc
$240,000 None Available
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
Previous Owner $192,000
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
05/27/2016 05/27/16 Sold $240,000 -3.8% $194 / Sq Ft
04/30/2016 04/30/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $249,500 -- $202 / 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 $1,706 $384,900 $105,000 $279,900
2024 $1,795 $276,000 $85,000 $191,000
2023 $1,105 $283,640 $85,000 $198,640
2022 $1,710 $283,640 $85,000 $198,640
2021 $1,681 $283,640 $85,000 $198,640
2020 $1,677 $283,640 $85,000 $198,640
2019 $1,303 $182,900 $62,900 $120,000
2018 $1,303 $182,900 $62,900 $120,000
2017 $1,303 $182,900 $62,900 $120,000
2016 $1,216 $182,900 $62,900 $120,000
2014 $1,177 $182,900 $62,900 $120,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91391

Outer Banks Association of REALTORS®

APN: 013149000

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