Listing Details For 27243 Park Road in Salvo

Closing Price:
$899,000
27243 Park Road, Salvo, NC 27972
6 bd
5 ba
3956 sq ft
MLS #: 119336
Status: Closed

Sold Details

Status: Closed
Sold Price: $870,000.00
Closing Date: 9/30/2022
Off Market Date: 7/21/2022
Contract Date: 8/23/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 168
Due Diligence Date: 9/23/2022

Listing Information

Area: Salvo Oceanside
Mls Status: Closed
Days On Market: 168
Cumulative Days On Market: 168
Listing Price: $899,000
Original Listing Price: $899,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/5/2022
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: 3956
Asking Price Per SqFt: $227.00
Heated Living Area Sq Ft: 3956
BedroomsTotal: 6
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2004
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Heated, Outdoor Pool, Private
Cooling: Central Air, Heat Pump
Interior Features: Wet Bar
Heating: Electric, Forced Air
Room Type: Game Room, Loft
Flooring: Carpet, Vinyl
Construction Materials: Wood Siding

Legal Description

County: Dare
Subdivision: Salvo Beach
Subdivision Name: Salvo Beach NO 1
Deed Book: 2362
Deed Book Page Number: 0095
County Pin Number: 065717001241
Price Change: 10/4/2022
Road Surface: Paved, Private

Lot Details

Lot Size Acres: 0.33
Lot Size Square Feet: 14500
Lot Features: Level
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $3,205.00
Flood Zone: Shaded X
Water Source: Municipal
Contract Status Change Date: 10/5/2022
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Lap Siding
Extras: Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Outside Lighting,Outside Shower,Screened Porch,Sun Deck,Inside Laundry Room
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 114723
Rental Performance: 0.1319
Owner Renatl Income 2022 Amount: 80635
Avertised Income 2021 Amount: 91659
Owner Rental Income 2021 Amount: 62154
Avertised Income 2021 Amount: 70438

Listing Agent Remarks

Whether you are looking for the perfect vacation home or investment opportunity, you do not want to miss "Murphy's Sandcastle"! Situated just two lots back from the oceanfront in Salvo, this spacious home offers everything you are looking for - ample gathering space to bring the whole family together in the top level open living, dining and kitchen; six bedrooms (3 are masters!); private pool; hot tub; elevator; sun and covered decks; screened porch; game room with a wet bar featuring a full-size refrigerator and microwave - the list is nearly endless!! When you’re ready to hit the beach, the community sand path over the dunes is just down the street or an easy bike ride will take you to public sound access at the Salvo Day Use Area. With 4X4 beach access, shopping, dining, and more all within a few minutes drive, "Murphy's Sandcastle" offers everything you could want in a vacation home...and more!! No wonder this property is such a solid rental performer with more than $91K in rents for 2022 and more than $21K already booked for 2023!! In fact, rental projection for this home with an open calendar shows rents of more than $114K!!! Don't miss this opportunity...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 27243 Park Road 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 27243 Park Road 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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