NOT LISTED FOR SALE

Estimated Value: $495,000 - $512,000

3 Beds
2 Baths
1,536 Sq Ft
$329/Sq Ft Est. Value

Last Sold December 28, 2015

Last sale price $187,500 $122 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,834/month

17 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Views of a Sound
  • Outdoor Pool
  • First Flight Middle School Rated A-
  • Boat Dock
  • Gated Community

About This Home

As of December 2015

Cute Canalfront property with AMAZING views and STRAIGHT shot to the Sound! You cannot beat this property for the price! Built in 1977, 3 bedrooms and 2 full bathrooms. Open floor plan incorporates the kitchen, dining room and living room with OUTSTANDING water views. 50 feet of bulkheaded water frontage. Long-term tenant occupied. Please allow 24 hours notice to show. Pet beware (very friendly and older dog named Duke). NO LOCKBOX AVAILABLE. Please call agent for more information. Current tenants have been there for a few years. NO written lease on file. Monthly rent is $1200/month ($14,400/year).

Last Agent to Sell the Property

Kristine Braunsdorf

Beach Realty & Construction License #224402 Listed on: 09/08/2015

Last Buyer's Agent

Jim Monroe

Outer Banks Realty Group License #274884

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,377

Year Built

  • Built in 1977

Lot Details

  • 7,500 Sq Ft Lot
  • 50 Feet of Waterfront
  • Home fronts a canal

HOA Fees

  • $5 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Canal Views

Home Design

  • Beach Box Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,536 Sq Ft Home
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Workshop

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool

Utilities

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

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Association fees include pool, road maintenance, security, tennis courts
  • Colington Hrbr Subdivision

Recreation

  • Boat Dock
  • Tennis Courts
  • Community Playground
  • Community Pool
  • Park

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,377

Year Built

Built in 1977

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Colington Harbor - through the gate - Right onto Colington Drive. 515 Colington Drive is located on the left hand side.
  • Extras: Ceiling Fan(s)
  • Flood Zone: AE
  • Subdivision Name: Colington Harbor Sec J
  • Headline: CF! STRAIGHT shot to Sound!
  • Heated Sq Ft: 1536
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: J
  • Unit Level Number: 1
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 0165
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Beamed Ceiling(s), Cathedral Ceiling(s), Ensuite
  • Optional Rooms: Workshop

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Canal, Sound
  • Water Frontage: 50

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool, Road Maintenance, Security, Tennis Courts
  • Association Amenities: Boat Ramp, Boat Dock, Clubhouse, Gated Community, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 60

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Bulkheaded, Water Frontage
  • Lot Number: Lot 1
  • Deed Book: 1314

Rental Info

  • Est Annual Rental Income: 14400
  • Estimated Rental Performance: 0.0768
  • Lease Terms: Month to Month
  • Other Expenses: 93700

Building Info

  • Year Built: 1977

Tax Info

  • Year: 2014
  • Taxes: 1377

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2015 12/28/15 Sold $187,500 -7.1% $122 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/08/2015 09/08/15 For Sale $201,900 -- $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
2025 $2,130 $488,900 $170,100 $318,800
2024 $1,799 $287,900 $109,900 $178,000
2023 $1,799 $287,900 $109,900 $178,000
2022 $1,771 $287,900 $109,900 $178,000
2021 $1,742 $287,900 $109,900 $178,000
2020 $1,738 $287,900 $109,900 $178,000
2019 $1,459 $204,900 $93,700 $111,200
2018 $1,459 $204,900 $93,700 $111,200
2017 $1,459 $204,900 $93,700 $111,200
2016 $1,377 $204,900 $93,700 $111,200
2014 $1,336 $204,900 $93,700 $111,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89473

Outer Banks Association of REALTORS®

APN: 019506000