Listing Details For 26044 Colony Drive in Salvo
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
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means the property at 26044 Colony Drive in Salvo is no longer available for sale. If you are interested in this property
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