Closing Price:
$739,000
26172 Otter Way, Salvo, NC 27972
7 bd
5 ba
3644 sq ft
MLS #: 100346
Status: Closed

Sold Details

Status: Closed
Sold Price: $730,000.00
Closing Date: 11/19/2018
Contract Date: 10/16/2018
Seller Concessions: Yes
Concession Comments: $5,450 buyer credit
Total Days on Market:
Cumulative Days on Market: 166

Listing Information

Area: Salvo Soundside
Mls Status: Closed
Days On Market: 166
Cumulative Days On Market: 166
Listing Price: $739,000
Original Listing Price: $739,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 11/24/2018
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3244
Asking Price Per SqFt: $228.00
Heated Living Area Sq Ft: 3244
Unheated Living Area Sq Ft: 400
BedroomsTotal: 7
Bathrooms Full: 5
Bathrooms Partial: 2
Year Built: 2004
Garage: Carport
Architectural Style: Cottage, Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Heated, In Ground, Outdoor Pool, Private
Screen Porch Size: 400 1st fl
Sun Deck Size: Huge
Counter Tops: Corian
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Wet Bar
Heating: Central, Electric, Forced Air, Heat Pump, Zoned
Room Type: Game Room
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame

Legal Description

Phase: PH 2
County: Dare
Subdivision: Wind Over Waves
Subdivision Name: Wind Over Waves
Deed Book: 1593
Deed Book Page Number: 0390
County Pin Number: 064716941819
Price Change: 11/23/2018
Road Surface: Paved, Private
Association Amenities: Boat Ramp, Board Walk, Common Area, Ocean Access, Sound Access

Lot Details

Lot Size Acres: 0.45
Lot Size Dimensions: 81 x 249 x 81 x 255
Lot Size Square Feet: 19500
Lot Features: Level, Waterfront
Lot Faces: E
Water Frontage: 81
Waterfront: Soundfront
View: Sound, Salt Marsh
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2017
Annual Property Taxes: $4,419.00
Flood Zone: AE,VE
Flood Insurance Expense: 946
Wind Insurance: 5514
Other Insurance: 462
Other Expenses 3: 305
Water Source: Municipal
Yearly Water Expense: 858
Other Yearly Expense: 395
Pool Or Spa Expense: 5017
Yearly Expense: Actual
Yearly Elecric Expense: 3988
Yearly Telephone Expense: 311
Yearly Cable Tv Expense: 999
Contract Status Change Date: 11/24/2018
Estimated Annual Fee Amt: $440.00
Sewer: Septic Tank
Maintenance Expense: 1166
Association Fee Includes: Management, Road Maintenance
Other Expenses 2: 588
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: None
Bank/Institution Owned: No
Listing Restrictions: Named Prospects Exempt
Exterior: Shakes,Vinyl
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Storage Shed,Storm Windows,Sun Deck,Boat Dock
Covered Deck Size: Excellent
Fuel Tanks: None
HOA Contact Name: Kelly Shields w/Seaside Mgmt
Primary Residence: No
Street Frontage : 81
HOA Contact Info: 252-261-1200

Rental Income

There is no rental income information available

Listing Agent Remarks

Check out these breathtaking panoramic water views from this beautiful 7 bedroom home on the sound front! Offering it's guest the luxury of 3 master suites, a four stop elevator, handicap accessibility, private boat dock w/boardwalk, sun decks galore, game room w/pool table, wet bar and foosball, hot tub, heated pool, gas fireplace, community boat ramp, smoke free charcoal grill and huge screened porch. July 2018 Upgraded elevator electronics! Rental income covers about 90% of the homes expenses, including the current loan. Best bang for the buck on the sound front!

Directions

Hwy 12 to Salve, turn west into Wind Over Waves subdivision, turn left onto Otter Way. Last house on the right at the soundfront!

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 26172 Otter Way in Salvo is provided courtesy of Surf or Sound Realty - Avon . 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 26172 Otter Way 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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