Closing Price:
$795,000
$795,000
26044 Colony Drive,
Salvo, NC 27972
5 bd
5 ba
3298 sq ft
MLS #: 75205
Status: Closed
Sold Details
Status: Closed
Sold Price: $712,500.00
Closing Date: 12/21/2012
Contract Date: 12/4/2012
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 489
Listing Information
Area: Salvo Oceanside
Mls Status: Closed
Days On Market: 489
Cumulative Days On Market: 489
Listing Price: $795,000
Original Listing Price: $795,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/3/2013
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: 3298
Asking Price Per SqFt: $241.00
Heated Living Area Sq Ft: 3298
BedroomsTotal: 5
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2002
Architectural Style: Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Features: Concrete, Gunite, In Ground, Outdoor Pool
Builder Name: Sanderling Construction
Counter Tops: Laminate
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Room Type: Game Room
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding
Legal Description
Section: E
County: Dare
Subdivision: Hatteras Colony
Subdivision Name: Hatteras Colony Subdivsion
Deed Book: 1385
Deed Book Page Number: 0351
County Pin Number: 065709163869
Price Change: 1/2/2013
Road Surface: Paved
Association Amenities: Ocean Access, Sound Access
Lot Details
Total Assessed Value: 1
Lot Size Dimensions: 145 x 70
Lot Size Square Feet: 10150
Lot Faces: E
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2011
Annual Property Taxes: $5,522.00
Home Oner Insurance Expense: 3803
Flood Zone: AE
Water Source: Municipal
Yearly Water Expense: 685
Other Yearly Expense: 932
Pool Or Spa Expense: 4243
Yearly Expense: Actual
Yearly Elecric Expense: 4371
Yearly Telephone Expense: 449
Yearly Cable Tv Expense: 746
Contract Status Change Date: 1/3/2013
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Maintenance Expense: 3165
Other Expenses 2: 415
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
HashTag of Units: 1
Extras: Beach Access,Elevator,Handicap Friendly,Hot Tub,Outside Lighting,Outside Shower,Sun Deck
Primary Residence: No
Street Frontage : 70
Rental Income
Annual Rental Income: 79855
Rental Performance: 0.1121
Listing Agent Remarks
Outstanding Investment Opportunity! Premier oceanfront home assessed at $1,346,925.00 and currently being offered at less than 60% of the tax assessed value...even better this home has 10% Capitalization Rate with $79,855.00 in rental income for 2011...$78,785.00 already booked YTD for 2012 (including owners week July 28-Aug 4). This home was custom built for the owner in 2002...3,300 square foot and boasts outstanding views of both ocean and sound, 14 x 30 private pool (heated), a three-story elevator, handicap ramp into the home and a handicapped friendly bedroom and bathroom. The ground level features the game room with pool table and foosball, wet bar with mini fridge, laundry… room, bedroom with 2 sets of bunks and full bath. On the mid level, you'll find 3 master bedrooms each with full bath (one handicapped friendly with roll-in shower). Also on this level, find east-facing decking for some awesome ocean vistas. Once you've cooked up today's catch, you can dine indoors then treat yourself to a cocktail and a gorgeous sunset on the furnished screened porch. Definitely on of the best investments on the Outer Banks today...well appointed and a strong rental history with $79,855 for 2011 , $74,048 in 2010, $76,275 in 2009, and $77,680 in 2008.
Directions
Hwy 12 to Salvo, turn onto Rampart St (Surf or Sound Realty), second right on Colony Drive, on left.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 26044 Colony Drive in Salvo is provided
courtesy of Ocean Realty . Information is believed to be accurate but is not
warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX
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properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 26044 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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