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Closing Price:
$475,000
26147 Otter Way, Salvo, NC 27972
6 bd
5 ba
3852 sq ft
MLS #: 55480
Status: Closed

Sold Details

Status: Closed
Sold Price: $421,500.00
Closing Date: 1/11/2013
Off Market Date: 4/6/2010
Contract Date: 8/21/2012
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 1740

Listing Information

Area: Salvo Soundside
Mls Status: Closed
Days On Market: 1740
Cumulative Days On Market: 1740
Listing Price: $475,000
Original Listing Price: $795,000
Possession: Close Of Escrow
Short Sale: Yes
Price Date: 1/15/2013
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: 3852
Asking Price Per SqFt: $123.00
Heated Living Area Sq Ft: 3852
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2004
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Washer, Wall Oven
Roof: Asphalt
Parking: Off Street, Underground
Foundation: Piling
Pool: Yes
Pool Features: Outdoor Pool
Screen Porch Size: NA
Sun Deck Size: YES,BIG
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Central, Electric, Heat Pump
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Wind Over Waves
Subdivision Name: WIND OVER WAVES
Deed Book: 1598
Deed Book Page Number: 262
County Pin Number: 064712954452
Price Change: 1/14/2013
Road Surface: Paved, Public
Association Amenities: Boat Dock, Boat Ramp, Ocean Access, Sound Access

Lot Details

Total Assessed Value: 893000
Lot Features: Level
Waterfront: Semi-Soundfront
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2007
Annual Property Taxes: $3,500.00
Home Oner Insurance Expense: 4523
Flood Insurance Expense: 431
Water Source: Municipal
Yearly Water Expense: 1200
Other Yearly Expense: 272600
Yearly Expense: Estimated
Yearly Elecric Expense: 2600
Yearly Telephone Expense: 800
Yearly Cable Tv Expense: 720
Contract Status Change Date: 1/15/2013
Estimated Annual Fee Amt: $440.00
Sewer: Septic Tank
Tax Expense: 3500
Association Fee Includes: Electricity, Management
Association Fee Yes or No: Yes

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,Elevator,Fenced Yard,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Sun Deck
Covered Deck Size: YES
Primary Residence: No

Rental Income

Annual Rental Income: 46580
Rental Performance: 0.1105

Listing Agent Remarks

UNDER CONTRACT - ALL OTHER OFFERS WILL BE CONSIDERED "BACK UP OFFERS" SHORT SALE, GOOD SOUND VIEWS. SOLD FULLY FURNISHED. Elevator- Great Rental Income. THIS COTTAGE IS IN GREAT SHAPE. Sit on the deck, relax & watch the most beautiful sunsets on the Outer Banks. Elevator-No more climbing 3 flights of stairs, no steps, take the ELEVATOR!! Fantastic sound views are yours from this gorgeous semi-soundfront almost new cottage. Hardwood floors, lots of tile, 2 hot water heaters, dual heat pumps, tons of decking, large volley ball area, 4 master bedrooms, gorgeous ocean & sound views, 2 jet tubs, beadboard wainscoting, elegantly furnished, sound access & deeded ocean access, new homes surround. Very short walk to ocean. SEE ASSO. DOC'S FOR EXCLUSIONS ON BILL OF SALE THAT DO NOT CONVEY. INSURANCE COMPANY IS SOUTHERN INSURANCE

Directions

GO TO SALVO & TURN WEST AT WIND OVER WAVES MP. 42, GO DOWN OTTER, MAKE LEFT, 5TH COTTAGE 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 26147 Otter Way in Salvo is provided courtesy of Sun Realty - KDH C: 252-441-8011. 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 26147 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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