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Closing Price:
$545,545
26155 Otter Way, Salvo, NC 27972
7 bd
7 ba
3748 sq ft
MLS #: 82218
Status: Closed

Sold Details

Status: Closed
Sold Price: $525,000.00
Closing Date: 4/4/2014
Contract Date: 2/20/2014
Seller Concessions: Yes
Total Days on Market:
Cumulative Days on Market: 57

Listing Information

Area: Salvo Soundside
Mls Status: Closed
Days On Market: 56
Cumulative Days On Market: 57
Listing Price: $545,545
Original Listing Price: $545,545
Possession: Close Of Escrow
Short Sale: No
Price Date: 4/4/2014
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3748
Asking Price Per SqFt: $146.00
Heated Living Area Sq Ft: 3748
BedroomsTotal: 7
Bathrooms Full: 7
Bathrooms Partial: 1
Year Built: 2004
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Freezer, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Features: Heated, In Ground, Outdoor Pool
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Central, Heat Pump
Room Type: Foyer, Game Room, Home Theater, Media Room
Flooring: Carpet, Tile, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

Phase: 2
County: Dare
Subdivision: Wind Over Waves
Deed Book: 1819
Deed Book Page Number: 10
County Pin Number: 064712954256
Price Change: 4/3/2014
Road Surface: Paved
Association Amenities: Board Walk, Ocean Access, Sound Access

Lot Details

Lot Size Square Feet: 18231
Lot Features: Level
Lot Faces: W
Waterfront: Semi-Soundfront
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2013
Annual Property Taxes: $3,227.00
Home Oner Insurance Expense: 4000
Flood Insurance Expense: 420
Water Source: Municipal, Well
Yearly Water Expense: 1349
Other Yearly Expense: 540
Pool Or Spa Expense: 3265
Yearly Expense: Actual
Yearly Elecric Expense: 6000
Yearly Telephone Expense: 2108
Contract Status Change Date: 4/4/2014
Estimated Annual Fee Amt: $440.00
Sewer: Septic Tank
Maintenance Expense: 2808
Association Fee Yes or No: Yes

Financials

Seller to Sever Oil/Gas: No
Bank/Institution Owned: No
Oil/Gas Severed Pre Owner: No Representation
Oil/Gas Severed By Seller: No
Exterior: Shakes,Vinyl
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,Security System,Smoke Detector(s),Sun Deck,Water Softener
Primary Residence: No

Rental Income

Annual Rental Income: 62525
Rental Performance: 0.1191

Listing Agent Remarks

Surround Sound. This Hatteras Island rental machine is well maintained and waiting for a turnkey investor. Check the 11.5% rent to price performance against all the competition in Wind Over Waves as well as the annual rent itself. The endless Pamlico Sound views and sunsets are breathtaking to say the least. All the amenities renters need are available from the pool, hot tub, volleyball court, basketball hoop, horseshoe pits, decks with awesome views of sound and ocean view, game room with pool table and flat screen tv over to the theater room with wet bar, refrigerator and dishwasher. The home is also handicap friendly with ground to top floor elevator, wide doors, handicap friendly bathroom and shower. Owners have done ongoing maintenance to keep this home in pristine condition and it shows. The renters keep coming back as well. Deeded ocean and sound access go with this property too.

Directions

West on Otter Way into Wind Over Waves, South at Roanoke Sound, house 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 26155 Otter Way in Salvo is provided courtesy of The Dean Agency . 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 26155 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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