NOT LISTED FOR SALE

Estimated Value: $500,000 - $602,000

3 Beds
4 Baths
3,008 Sq Ft
$185/Sq Ft Est. Value

Last Sold October 28, 2016

Last sale price $285,000 $95 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,034/month

279 Days on Market

Highlights

  • Private Dock
  • Views of a Sound
  • Gated Community
  • First Flight Middle School Rated A-
  • Spa
  • Home fronts a canal

About This Home

As of October 2016

Welcome to 517 Colington Drive! This outstanding Canalfront house offers amazing views with a STRAIGHT shot out to the Sound. Built in 1987, 3 bedrooms, 3 full bathrooms. BRAND NEW carpet and paint throughout the entire house! Master bedroom upstairs offers a private hot tub with views of the Canal/Sound. The master bedroom is spacious with large closet and exterior deck with breathtaking views of the Canal/Sound! Newer washer/dryer located upstairs as well along with 2nd bedroom with large closets! 2nd floor offers front tiled entry and new front door! One large bedroom located on this floor as well as full bathroom. Kitchen is equipped with GE Appliances as well as views of the Canal/Sound. Lots of cabinet space and HUGE pantry!! Large living room with gas fireplace. Sun porch offers those amazing views of the Canal/Sound as well! Anderson windows and doors throughout - as well as some window treatments. Deck off of sun porch is a PERFECT way to enjoy the sunsets with a nice glass of wine! The downstairs has a full bathroom with bonus room. There's an additional room off of the back of the house which can easily be used for landscaping tools and beach stuff. The back room downstairs used to house an enormous handmade bar! This house is made for entertaining! The downstairs also has a large tiled area which had a big pool table right next to the wetbar! The den area is carpeted and perfect for a big screen tv and comfy couch and chairs! Plenty of storage on this level as well with closet space and an additional utility room. This downstairs area can EASILY be utilized as a mother-in-law suite. Separate entrance, full bathroom and door which separates 2nd floor from bottom floor. 517 offers PLENTY of parking in the front and on the side of the house. The entire exterior was recently painted as well as the addition of THREE new HVAC systems! HUGE boat dock with water and electricity - STRAIGHT shot out to the Sound - SUPER easy access! 517 recently had a foundation facelift by JES Contracting - good as new! This house, with the upgrades and views, will NOT last long at this price - that's for sure!

Last Agent to Sell the Property

Kristine Braunsdorf

Beach Realty & Construction-KH License #224402 Listed on: 11/23/2015

Last Buyer's Agent

Carol Perry

Sun Realty - KDH License #204144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,914

Year Built

  • Built in 1987

Lot Details

  • 7,000 Sq Ft Lot
  • Home fronts a canal

HOA Fees

  • $20 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Canal Views

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding

Interior Spaces

  • 3,008 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Workshop
  • Sun or Florida Room
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Pool

Outdoor Features

  • Sun Deck
  • Private Dock

Utilities

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

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • Association fees include pool, security, tennis courts
  • Deke Bolt Association, Phone Number (252) 441-5886
  • Colington Hrbr Subdivision

Recreation

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

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,914

Year Built

Built in 1987

Lot Details

7,000 Sq Ft Lot

HOA Fees

$20 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Colington Harbor - through the gate - Right onto Colington Drive. 515 Colington Drive is located on the left hand side. CANALFRONT!
  • Extras: Ceiling Fan(s), Hot Tub, Sun Deck, Boat Dock
  • Flood Zone: AE
  • Subdivision Name: Colington Harbor Sec J
  • Headline: CF! Straight shot to Sound!
  • Heated Sq Ft: 3008
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: J
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: CERT
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Slab
  • Full Bathrooms: 4
  • Interior Amenities: All Window Treatments, Gas Fireplace, Ensuite, Pantry, Skylight, Some Windows Treated, Wet Bar
  • Optional Rooms: Game Room, In-Law Apartment, Pantry, Sun/Florida Room, Utility Room, Workshop

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Canal, Sound

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool, 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: 238
  • Hoa Contact: Deke Bolt
  • HOA Contact: 252-441-5886

Lot Info

  • Estimated Lot Sq Ft: 7000
  • Lot Description: Bulkheaded, Water Frontage
  • Lot Number: Lot 2
  • Deed Book: DEATH

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2015
  • Taxes: 1914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2015
Closed on
Oct 12, 2016
Sold by
Smith Leonard M and Smith Nellie B
Bought by
Madison Paula D and Madison Clarence E
Seller's Agent
Kristine Braunsdorf
Beach Realty & Construction-KH
Buyer's Agent
Carol Perry
Sun Realty - KDH
List Price
$338,000
Sold Price
$285,000
Premium/Discount to List
-$53,000
-15.68%
Current Estimated Value
$555,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,452
Avg. Annual Appreciation
7.43%
Original Mortgage
$256,500
Outstanding Balance
$204,816
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$350,636
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
Madison Paula D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madison Paula D $256,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2016 10/28/16 Sold $285,000 -15.7% $95 / Sq Ft
08/28/2016 08/28/16 Pending -- -- --
11/23/2015 11/23/15 For Sale $338,000 -- $112 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $1,838 $408,400 $186,000 $222,400
2024 $2,148 $330,100 $120,100 $210,000
2023 $2,148 $343,730 $120,100 $223,630
2022 $2,475 $402,369 $120,100 $282,269
2021 $2,434 $402,369 $120,100 $282,269
2020 $2,436 $403,605 $120,100 $283,505
2019 $2,882 $342,400 $102,500 $239,900
2018 $2,896 $342,400 $102,500 $239,900
2017 $3,101 $342,400 $102,500 $239,900
2016 $2,559 $284,800 $102,500 $182,300
2014 $1,857 $284,800 $102,500 $182,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90347

Outer Banks Association of REALTORS®

APN: 019507000

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