Closing Price:
$644,000
26126 Otter Way, Salvo, NC 27972
6 bd
5 ba
4197 sq ft
MLS #: 65253
Status: Closed

Sold Details

Status: Closed
Sold Price: $550,000.00
Closing Date: 8/27/2010
Contract Date: 7/3/2010
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 359

Listing Information

Area: Salvo Soundside
Mls Status: Closed
Days On Market: 359
Cumulative Days On Market: 359
Listing Price: $644,000
Original Listing Price: $679,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 8/28/2010
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4197
Asking Price Per SqFt: $153.00
Heated Living Area Sq Ft: 4197
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2004
Garage: Carport
Architectural Style: Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer, Wall Oven
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Features: Concrete, Heated, In Ground, Outdoor Pool
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar, Walk-In Closet(s)
Heating: Electric, Heat Pump
Room Type: Game Room, Home Theater, Library
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Wind Over Waves
Subdivision Name: Wind Over Waves - PH 2
Deed Book: 1599
Deed Book Page Number: 472
County Pin Number: 064712957712
Price Change: 8/27/2010
Road Surface: Paved, Private
Association Amenities: Boat Dock, Boat Ramp, Board Walk, Ocean Access, Sound Access

Lot Details

Lot Size Square Feet: 19602
Lot Features: Corner Lot, Level
Waterfront: None
View: Ocean, Sound, Salt Marsh
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2009
Annual Property Taxes: $3,317.00
Home Oner Insurance Expense: 5769
Flood Zone: AE
Flood Insurance Expense: 472
Water Source: Municipal
Yearly Water Expense: 315
Yearly Elecric Expense: 5582
Yearly Cable Tv Expense: 800
Contract Status Change Date: 8/28/2010
Estimated Annual Fee Amt: $440.00
Sewer: Septic Tank
Association Fee Includes: Electricity, Maintenance Grounds, Management, Road Maintenance, Walkways
Association Fee: 440
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,Handicap Friendly,Hot Tub,Jet Tub,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Storm Doors,Storm Windows,Sun Deck
HOA Contact Name: Billy Roughton
HOA Contact Info: 252-441-4988

Rental Income

Annual Rental Income: 52787
Rental Performance: 0.096

Listing Agent Remarks

LEAST EXPENSIVE HOME IN WIND OVER WAVES BASED ON $/SQ. FT. & BEST RENTAL RATIO AT OVER 8%...THIS ONE IS A NO-BRAINER! OFFERING BUYER BONUS 5/1/10 THRU 7/31/10...3% OF PURCHASE PRICE (UP TO $8000) CASH BACK AT CLOSING TO BUYER WITH ACCEPTABLE CONTRACT BY 7/31/10. Talk About Views!!! Listed over $160,000 Below Tax Value this Southern Mansion in Exclusive Wind Over Waves offers EVERY Amenity possible for a luxury care free time at the beach! Features include a top floor open kitchen, dining & living room layout, wrap-around decking with panoramic water views, Gas Fireplace, Elevator, Game Room w/ Pool Table, 50 Inch Home Theatre, Wet Bar, Heated Concrete Outdoor Pool, 6 Person Hot Tub, and Handicap Accessibility! Designed and equipped for unforgettable vacations! There are 5 King bedrooms (4 Master Suites) and 1 Dbl Bunk Set bedroom. The community offers excellent sound access for a variety of water sports as well as a community pier and boat ramp. Enjoy amazing sunset views and let Black Pearl be your OBX dream home! 1 yr home warranty is also provided with an acceptable contract. Already over $43,000 in rentals for 2010!!!

Directions

S on Hwy 12 to Salvo. Rt at Wind over Waves. Home on corner of Sand Dollar & Otter.

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 26126 Otter Way in Salvo is provided courtesy of Coldwell Banker Seaside Realty KH 252-599-6814. 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 26126 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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