Closing Price:
$899,000
$899,000
26116 Colony Drive,
Salvo, NC 27972
5 bd
4 ba
3008 sq ft
MLS #: 120919
Status: Closed
Sold Details
Status: Closed
Sold Price: $875,000.00
Closing Date: 5/22/2023
Off Market Date: 3/21/2023
Contract Date: 4/5/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 117
Due Diligence Date: 4/28/2023
Listing Information
Area: Salvo Oceanside
Mls Status: Closed
Days On Market: 117
Cumulative Days On Market: 117
Listing Price: $899,000
Original Listing Price: $899,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/22/2023
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 3008
Asking Price Per SqFt: $299.00
Heated Living Area Sq Ft: 3008
BedroomsTotal: 5
Bathrooms Full: 4
Bathrooms Partial: 2
Year Built: 2004
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Pantry, Wet Bar
Heating: Central, Electric, Heat Pump
Room Type: Game Room, Loft
Flooring: Carpet, Ceramic Tile, Vinyl Tile
Construction Materials: Frame, Wood Siding
Legal Description
Section: E
County: Dare
Subdivision: Hatteras Colony
Subdivision Name: Hatteras Colony Sec E
Deed Book: 2346
Deed Book Page Number: 0633
County Pin Number: 065709161416
Price Change: 5/22/2023
Road Surface: Paved, Public
Lot Details
Total Assessed Value: 546800
Lot Size Acres: 0.23
Lot Size Square Feet: 10000
Lot Features: Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2022
Annual Property Taxes: $3,296.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 5/23/2023
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Shakes,Wood
HashTag of Units: 1
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Patio,Screened Porch,Sun Deck,Dumbwaiter/Lift,Dry Entry
Fuel Tanks: None
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None
Rental Income
Annual Rental Income: 84456
Rental Performance: 0.0965
Owner Renatl Income 2023 Amount: 75200
Avertised Income 2023 Amount: 84456
Owner Renatl Income 2022 Amount: 77156
Avertised Income 2021 Amount: 83036
Owner Rental Income 2021 Amount: 62730
Avertised Income 2021 Amount: 68610
Listing Agent Remarks
BRAND NEW ROOF IN 2023! With spacious bedrooms, beautiful built-ins and unique accents and features, "Outlasting the Blues" must be seen to truly be appreciated!! Located in the beautiful Hatteras Colony subdivision of Salvo, this 5-bedroom (3 are masters!)/ 4 full bath and 2-half bath semi-ocean front home also boasts the perfect location - just steps away from the beautiful beach via the community beach access, a stroll to the local ice cream conery or the sound side day beach area and minutes from all the shopping, dining and entertainment that the tri-villages have to offer! The amenities this home has to offer are amazing - private heated pool; hot tub; sun decks; covered decks; LARGE bedrooms; outside shower; cargo lift; 1st floor game room with wet bar featuring a full size-refrigerator and microwave; open upper level with (decorative) gas fireplace, kitchen with breakfast bar; screened porch; additional 4th level loft/sitting area. This home truly has it all...no wonder "Outlasting the Blues" is such a solid rental performer with more than $83K in rents for 2022 and more than $75K already booked for 2023! This is an opportunity you do NOT want to miss! Make plans to begin "Outlasting the Blues"...visit today!!
Directions
(none)Official MLS Disclaimer
The data relating to real estate for sale on this web site comes from the Broker Reciprocity
Program of the Outer Banks Association of REALTORS. This property located at 26116 Colony Drive in Salvo is provided
courtesy of Midgett Realty - Rodanthe C: 252-996-0124. Information is believed to be accurate but is not
warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX
information is provided by Shore Realty of the OBX exclusively for consumers, personal,
non-commercial use and may not be used for any purpose other than to identify prospective
properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 26116 Colony Drive in Salvo is no longer available for sale. If you are interested in this property
or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local
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