Listing Details For 26163 Otter Way in Salvo

Closing Price:
$799,000
26163 Otter Way, Salvo, NC 27972
6 bd
5 ba
3204 sq ft
MLS #: 117906
Status: Closed

Sold Details

Status: Closed
Sold Price: $778,571.00
Closing Date: 4/29/2022
Contract Date: 3/11/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 3
Due Diligence Date: 4/19/2022

Listing Information

Area: Salvo Soundside
Mls Status: Closed
Days On Market: 3
Cumulative Days On Market: 3
Listing Price: $799,000
Original Listing Price: $799,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/6/2022
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: 3204
Asking Price Per SqFt: $249.00
Heated Living Area Sq Ft: 3204
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2003
Garage: Carport
Architectural Style: Contemporary, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, 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: Heated, In Ground, Outdoor Pool, Private
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Central, Electric, Heat Pump, Zoned
Room Type: Game Room
Flooring: Carpet, Ceramic Tile, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

Phase: 2
County: Dare
Subdivision: Wind Over Waves
Subdivision Name: Wind Over Waves - Phase 2
Deed Book: 2184
Deed Book Page Number: 0900
County Pin Number: 064712954001
Price Change: 5/5/2022
Road Surface: Paved, Private
Association Amenities: Boat Ramp, Board Walk, Sound Access

Lot Details

Lot Size Acres: 0.45
Lot Size Square Feet: 19500
Lot Features: Level
Waterfront: Semi-Soundfront
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $2,889.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 5/6/2022
Estimated Annual Fee Amt: $572.00
Sewer: Septic Tank
Association Fee Includes: Common Insurance, Maintenance Grounds, Management, Road Maintenance, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Shakes
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Screened Porch,Storage Shed,Sun Deck,Boat Dock,Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Tom Amatucci
Primary Residence: No
HOA Contact Info: 443-928-8007

Rental Income

There is no rental income information available

Listing Agent Remarks

Whether you are looking for the perfect year round residence, vacation home or investment opportunity, you do NOT want to miss this beautifully decorated and maintained 6 bedroom, 5 full and 1 half bath home in the Wind Over Waves subdivision of Salvo!! This is the perfect location - just a stroll to the beach, steps from the community boat ramp, walking pier and sound access and minutes from all the shopping, dining and entertainment that the tri-villages have to offer. The amenities this home has to offer are nearly endless - heated private pool; hot tub; LARGE 19500 sq ft lot; UNBELIEVABLE sound views; game room with wet bar boasting a full size refrigerator; lower level sitting room (with ANOTHER wet bar); sun decks; covered decks; open upper level with cathedral ceilings and cozy gas fireplace; upper level master with built-ins and ensuite with jacuzzi tub; beautiful well-appointed kitchen with breakfast bar and views, views, VIEWS!! While not currently in a rental program, this property has previously been a stellar rental performer with ROI of more than 10%!! In fact, 2022 rental projection shows income of more than $80K!! This is an opportunity you do NOT want to miss...come and visit today!!

Directions

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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 26163 Otter Way in Salvo is provided courtesy of Midgett Realty - Rodanthe C: 252-996-0124. 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 26163 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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