Closing Price:
$850,000
25275 Sea Vista Drive, Waves, NC 27982
5 bd
5 ba
3216 sq ft
MLS #: 113447
Status: Closed

Sold Details

Status: Closed
Sold Price: $887,275.00
Closing Date: 5/28/2021
Contract Date: 3/28/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 7
Due Diligence Date: 4/30/2021

Listing Information

Area: Waves Oceanside
Mls Status: Closed
Days On Market: 6
Cumulative Days On Market: 7
Listing Price: $850,000
Original Listing Price: $850,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 6/1/2021
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: 3216
Asking Price Per SqFt: $264.00
Heated Living Area Sq Ft: 3216
BedroomsTotal: 5
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1998
Garage: 2 Car,Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 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: Concrete, Association, In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Electric, Heat Pump, Zoned
Room Type: Foyer, Game Room
Flooring: Carpet, Hardwood, Tile, Vinyl
Construction Materials: Frame

Legal Description

Phase: Ph 2
County: Dare
Subdivision: St Waves
Subdivision Name: St. Waves Phase 2
Deed Book: 1142
Deed Book Page Number: 0780
County Pin Number: 065705185413
Price Change: 5/31/2021
Road Surface: Paved, Public
Association Amenities: Board Walk, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis

Lot Details

Land Tax Value: 345000
Total Assessed Value: 855100
Lot Size Acres: 0.34
Lot Size Square Feet: 15000
Lot Features: Adj to Park Serv./Preserv, Beach Frontage, Waterfront
Water Frontage: 75
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $5,189.00
Home Oner Insurance Expense: 4648
Flood Zone: X
Water Source: Municipal
Yearly Water Expense: 1067
Other Yearly Expense: 4520
Pool Or Spa Expense: 3352
Yearly Expense: Actual
Yearly Elecric Expense: 4486
Yearly Cable Tv Expense: 1852
Contract Status Change Date: 6/1/2021
Estimated Annual Fee Amt: $775.00
Sewer: Septic Tank
Association Fee Includes: Pool, Tennis Courts, Walkways
Other Expenses 2: 640
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Tiki Bar
Fuel Tanks: Leased
HOA Contact Name: Alex Risser
Primary Residence: No
HOA Contact Info: 252-995-4477

Rental Income

Annual Rental Income: 86092
Rental Performance: 0.097
Owner Rental Income 2021 Amount: 86092
Avertised Income 2021 Amount: 93246

Listing Agent Remarks

Take in the ocean views from the two story great room at "Wahoo" or soak up the sun from one of the spacious decks and balconies. Venture out to the ocean on the adjacent St. Waves boardwalk to the beach which allows for handicap friendly beach access. The kids will surely enjoy the swimming pool when not at the beach. Wahoo has 4 master suites with their own baths (one has double pyramid beds), plus a fourth floor twin bedroom with nearby hall bath, so everyone has their own space and direct exit to an oceanfront deck or balcony. The game room shares the top floor with the twin bedroom and bath and it overlooks the two story wall of windows in the living room below. There is also a newly refreshed kitchen and dining area off the kitchen that was just painted and furnished with new dining chairs and barstools. The main level is also home to a half bath and king master suite with jetted tub and double vanities. Three additional beds with baths are located on the level below, along with a sitting room with futon. You will find the washer and dryer off the entrance level foyer which also has a nice sized owner's closet for personal storage. Since this oceanfront property is located in the favorable X flood zone, consider turning one of the two carport areas into additional living area to truly maximize the potential of this investment property. The owner's storage area on the bottom level could be utilized as a hall and bath location for another room downstairs. Advertised income rates for 2021 have topped $93,000 already, making this a true winner that will not linger on the market. Make Wahoo yours for the 2021 season!

Directions

Sea Vista Dr beside Outer Beaches Realty. Turn right at stop sign.

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 25275 Sea Vista Drive in Waves 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 25275 Sea Vista Drive in Waves 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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