Listing Details For 27159 Ocean Street in Salvo

Closing Price:
$2,495,000
27159 Ocean Street, Salvo, NC 27972
8 bd
9 ba
4717 sq ft
MLS #: 113480
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,350,000.00
Closing Date: 8/23/2021
Contract Date: 7/6/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 104
Due Diligence Date: 8/15/2021

Listing Information

Area: Salvo Oceanside
Mls Status: Closed
Days On Market: 104
Cumulative Days On Market: 104
Listing Price: $2,495,000
Original Listing Price: $2,495,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 8/24/2021
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: 4717
Asking Price Per SqFt: $529.00
Heated Living Area Sq Ft: 4717
BedroomsTotal: 8
Bathrooms Full: 9
Bathrooms Partial: 2
Year Built: 2020
Garage: None
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Washer
Roof: Asphalt
Parking: Off Street, Paved, Unpaved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated, In Ground, Outdoor Pool, Private
Builder Name: Forrest Seal
Counter Tops: Granite
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Central, Heat Pump, Zoned
Room Type: Game Room, Home Theater
Flooring: Laminate
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Salvo Beach
Deed Book: 2310
Deed Book Page Number: 0737
County Pin Number: 065605093325
Price Change: 8/23/2021
Road Surface: Paved
Association Amenities: Ocean Access

Lot Details

Lot Size Acres: 0.28
Lot Size Square Feet: 12000
Lot Features: Cul-De-Sac, Level
Lot Faces: E
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $6,158.00
Home Oner Insurance Expense: 7550
Flood Zone: AE
Flood Insurance Expense: 767
Wind Insurance: 0
Other Insurance: 0
Water Source: Municipal
Yearly Water Expense: 1540
Pool Or Spa Expense: 3507
Yearly Expense: Actual
Yearly Elecric Expense: 8597
Yearly Telephone Expense: 901
Yearly Cable Tv Expense: 2307
Contract Status Change Date: 8/24/2021
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Septic Fee: 600
Maintenance Expense: 1713
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Composite Siding,Lap Siding
Extras: Beach Access,Covered Decks,Elevator,Handicap Friendly,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Sun Deck,Tiki Bar,Dry Entry
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 219690
Rental Performance: 0.0935
Owner Rental Income 2021 Amount: 201215
Avertised Income 2021 Amount: 219690

Listing Agent Remarks

Absolutely stunning oceanfront featuring 8 bedrooms with private baths, dual vanities and tile showers. Amenities include theater room, kids cave, game room with pool table, shuffleboard, arcade game and kitchenette, elevator, private swimming pool with wet deck and inset kiddie pool, and under-house lounge with ping pong table and poolside Tiki bar. Outstanding income producer with over $200,000 in owner rents already on the books for 2021 (as of 3.24.21). Party poolside at the outdoor lounge area with seating around the pool for sunbathing and under the home for shade. The Tiki bar is nearby for relaxing with a snack as you watch the kids in the private pool with wet deck and inset kiddie pool. The luxurious hot tub is mere steps away. Inside on the first level, retreat to the game room with pool table, shuffleboard, arcade game, TV lounge, half bath and kitchenette with full size refrigerator, microwave and ice machine (great for filling up your cooler with ice). Prepare movie theater snacks in the kitchenette and head to the theater room with large flat screen TV and traditional theater seating. Kids will love the “Kids Cave” with kick-back seats and large screen TV. Two king master bedrooms round out this level. Choose from three more king master bedrooms on the mid-level, one with handicap-friendly features. The kids will flip over the pyramid bunk bedroom suite with unique layout - the full bathroom divides the large space into 2 areas each with 2 sets of 2 pyramid bunks (4 bunks in total). Each bunk area has its own large screen TV. A den with sofa, TV and private bath is also located on this level. The final two king master bedrooms are located on the top level of the home. Blue water views captivate as you enter the top-level great room. A variety of gathering areas in the great room and on the expansive decks provide opportunities to relax and converse together or separately. A wrap sofa surrounds the large flat screen TV atop a gas log fireplace. A wet bar is conveniently nearby to serve up coffee and drinks to the group so trips to the kitchen are not necessary. The dining area includes a traditional dining table seating 12. The gourmet kitchen provides ample storage and counterspace for meal preparation and additional dining at the 6-stool island. Furnished with upscale appliances, the chef in the group will appreciate the double wall ovens, 2 dishwashers, and 6-burner electric hooded range…this home is a dream come true and a must see for the discerning investor.

Directions

Hwy 12 to Ocean Street, go to end, 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 27159 Ocean Street in Salvo is provided courtesy of Surf or Sound Realty - Rodanthe . 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 27159 Ocean Street 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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