Listing Details For 26535 Colony Drive in Salvo

Closing Price:
$899,000
26535 Colony Drive, Salvo, NC 27972
5 bd
4 ba
2520 sq ft
MLS #: 121959
Status: Closed

Sold Details

Status: Closed
Sold Price: $850,000.00
Closing Date: 8/7/2023
Contract Date: 7/4/2023
Seller Concessions: Yes
Concession Comments: $5,000 credit for repairs
Total Days on Market:
Cumulative Days on Market: 81
Due Diligence Date: 7/25/2023

Listing Information

Area: Salvo Oceanside
Mls Status: Closed
Days On Market: 81
Cumulative Days On Market: 81
Listing Price: $899,000
Original Listing Price: $920,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 8/7/2023
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: 2520
Asking Price Per SqFt: $357.00
Heated Living Area Sq Ft: 2520
BedroomsTotal: 5
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1988
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Cedar Closet(s)
Heating: Central, Electric
Flooring: Carpet, Ceramic Tile, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Hatteras Colony
Deed Book: 1212
Deed Book Page Number: 0452
County Pin Number: 065713140363
Price Change: 8/6/2023
Road Surface: Paved, Public

Lot Details

Lot Features: Beach Frontage, Level, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $3,751.00
Home Oner Insurance Expense: 3934
Flood Zone: Shaded X
Flood Insurance Expense: 1004
Water Source: Municipal
Yearly Expense: Actual
Contract Status Change Date: 8/7/2023
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
Extras: Beach Access,Covered Decks,Hot Tub,Outside Lighting,Outside Shower,Sun Deck,Dry Entry
Fuel Tanks: None
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 64801
Rental Performance: 0.0762
Avertised Income 2023 Amount: 60484
Avertised Income 2021 Amount: 64801

Listing Agent Remarks

Located in the beautiful Hatteras Colony neighborhood in Salvo and situated oceanfront, this classic Outer Banks home, built by Olin Finch, offers five spacious bedrooms, four full baths and one-half bath. It's also centrally located near restaurants, shops, and entertainment. Enter the first floor through the convenient under-house dry entry, and find a primary bedroom with an ensuite bath, the laundry and storage areas. The middle level features a primary bedroom with an ensuite bath, two additional bedrooms and a full hall bath. All bedrooms enjoy direct access to the ocean facing covered deck. The top floor boasts spacious living, dining and kitchen areas overlooking the beautiful Atlantic Ocean. There is also a primary bedroom and bath on this level as well as a half bath. The top-level sundecks, replaced in 2023, are wonderful places to enjoy a cup of coffee in the morning while taking in the sunrise. So don't just 'Anticipate' owning a beach home. Make it a reality, and come check out Anticipation today!

Directions

NC Highway 12 South to Jolly Rodger Rd. Take a left onto Colony Drive, and it's the sixth house on the right.

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 26535 Colony Drive in Salvo is provided courtesy of NC 12 Realty carla@nc12realty.com. 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 26535 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 252-441-3416 OR 800-647-1868.

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