NOT LISTED FOR SALE

Estimated Value: $431,000 - $550,000

4 Beds
3 Baths
1,934 Sq Ft
$246/Sq Ft Est. Value

Last Sold August 31, 2012

Last sale price $165,000 $85 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $2,661/month

136 Days on Market

Highlights

  • Wooded Lot
  • Attic
  • En-Suite Primary Bedroom
  • First Flight Middle School Rated A-
  • Cottage
  • Ceramic Tile Flooring

About This Home

As of August 2012

This bank owner property in Colington was built in 2006 and boasts nearly 2000 sq. ft. The open floor plan groups the kitchen, dining and living room areas. 3 bedrooms and 2 bathes are included on the main living level. The ground floor includes a 4th bedroom and separate full bath, laundry closet and rec/family room.

Last Agent to Sell the Property

Kimberly Wickre

Default, Office License #126638 Listed on: 02/06/2012

Last Buyer's Agent

Cathy Turner

Village Realty Holdings, LLC - NH License #187958

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,019

Year Built

  • Built in 2006

Lot Details

  • 6,534 Sq Ft Lot
  • Wooded Lot

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Cottage
  • Bungalow
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,934 Sq Ft Home
  • Ceiling Fan
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District for Water and Sewer

Community Details

  • Colington Harbour Association, Phone Number (252) 441-5886
  • Colington Hrbr Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 66

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,019

Year Built

Built in 2006

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow, Cottage
  • Bank Owned: Yes
  • Directions: Head west on Colington Road. take Left onto Sandpiper Drive
  • Extras: Ceiling Fan(s)
  • Flood Zone: X
  • Subdivision Name: Colington Harbour
  • Headline: Bank Owned
  • Heated Sq Ft: 1934
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: W
  • Zoning: x
  • Deed Book Pg Number: 0355
  • Middle School District: First Flight Middle Schoo
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 4
  • Bedroom 1: 17'5"X11'7, On Level: 1
  • Bedroom 2: 11'7"X9'11, On Level: 1
  • Bedroom 3: 9'10"X11'6, On Level: 1
  • Bedroom 4: 13'3"X11'1, On Level: Ground
  • Kitchen: 10'8"X12', On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: Attic, Ensuite
  • Dining Room: 8'10"X11'4, On Level: 1
  • Family Room: 20'7"X13'3, On Level: Ground
  • Living Room: 15'4"X13'1, On Level: 1

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: 6'X16'
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Central, Electric
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 197
  • Hoa Contact: Colington Harbour Association
  • HOA Contact: 252-441-5886

Lot Info

  • Estimated Lot Sq Ft: 6534
  • Lot Description: Bulkheaded, Wooded
  • Lot Number: Lot 66
  • Deed Book: 1886

Rental Info

  • Est Annual Rental Income: 14400
  • Estimated Rental Performance: 0.0873

Building Info

  • Year Built: 2006

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1018.78

MLS Schools

  • Senior High School District: First Flight HighSchool

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2012
Closed on
Jul 25, 2012
Sold by
Currituck Resolutions Properties Inc
Bought by
Lambert Anna B
Seller's Agent
Kimberly Wickre
Default, Office
Buyer's Agent
Cathy Turner
Village Realty Holdings, LLC - NH
List Price
$198,000
Sold Price
$165,000
Premium/Discount to List
-$33,000
-16.67%
Current Estimated Value
$475,848

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,848
Avg. Annual Appreciation
8.26%
Original Mortgage
$172,448
Outstanding Balance
$118,530
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$357,318

Purchase Details

Closed on
Jun 14, 2005
Sold by
Harris John E and Harris Denise Y
Bought by
Sea Horse Realty & Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,825
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
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

Date Buyer Sale Price Title Company
Lambert Anna B $165,000 None Available
Sea Horse Realty & Construction Inc $81,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lambert Anna B $172,448
Previous Owner Sea Horse Realty & Construction Inc $207,825
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2012 08/31/12 Sold $165,000 -16.7% $85 / Sq Ft
06/21/2012 06/21/12 Pending -- -- --
02/06/2012 02/06/12 For Sale $198,000 -- $102 / 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
2025 $1,812 $416,000 $79,700 $336,300
2024 $1,719 $275,100 $28,200 $246,900
2023 $1,719 $275,100 $28,200 $246,900
2022 $1,692 $275,100 $28,200 $246,900
2021 $1,664 $275,100 $28,200 $246,900
2020 $1,661 $275,100 $28,200 $246,900
2019 $1,394 $195,700 $26,300 $169,400
2018 $1,394 $195,700 $26,300 $169,400
2017 $1,394 $195,700 $26,300 $169,400
2016 $1,315 $195,700 $26,300 $169,400
2014 $1,276 $195,700 $26,300 $169,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73432

Outer Banks Association of REALTORS®

APN: 020736000