26132 Otter Way, Salvo, NC 27972

$630,000
6
BD
7
BA
3,718
SqFt
Sold Price
$630,000
List Price
$649,000
Closing Date
Jul 19, 2019
MLS#
101464
Status
SOLD
Type
Single Family Residential
Property Type
Single Family - Detached
Bedrooms
6
Bathrooms
7
Full-baths
6
Half-baths
1
Living Area
3,718
Neighborhood
Wind Over Waves

Property Description

INVESTMENT OPPORTUNITY! Sweet Tranquility is a beautiful soundfront home filled with amenities and conveniences that the whole family will enjoy including: private pool, elevator, 5 master suites, recreation room w/pool table and panoramic waterfront views. This home boast strong rental performance with $77,640 in 2016, $81,543 in 2017 and $81,535 on the books for 2018 YTD. Custom built for the current owners, this home features a well designed and generous floor plan with stunning vistas from just about every room in the house. The upper level features an open concept design with gathering spaces to relax and enjoy with the entire family. Cooking is a breeze in this well-appointed kitchen and the elevator makes easy work of getting the groceries to the upper level. This home checks all the boxes and the location is second to none.

Additional Information

Air Conditioning
Central, Heat Pump, Zoned
Appliances
Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
Association Ammenities
Boat Ramp, Boat Dock, Ocean Access, Sound Access, Board Walk, Common Area
Association Fee Includes
Grounds Maintenance, Road Maintenance, Walkways
Construction
Frame, Wood
Countertops
Laminate
Siding
Shakes, Wood
Extras
Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Sun Deck, Dry Entry
Floor Coverings
Carpet, Ceramic Tile, Wood
Foundation
Piling
Garage
Carport
Heating
Central, Heat Pump, Zoned
Interior Features
All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Master Bath, Washer Connection, Wet Bar
Lot Description
Adj. To Common Area, Easement(s), Level, Water Frontage
Optional Rooms
Game Room, Shipswatch
Parking
Paved, Off Street, Under
Pool
Yes
Possession
At Closing
Roads
Paved, Private
Roof
Asphalt/Fiber Shingle
Sewer
Private Septic
Style
Reverse Floor Plan, Coastal
View
Sound, Salt Marsh
Well
Municipal
Zip
27972
Neighborhood
Wind Over Waves
Lot Dimension
325 x 83 x 335 x 85
Year Built
2005
Annual Fee
450
Directions
From Hwy. 12 in Salvo, turn into Wind Over Waves subdivision and continue to stop sign, make left on Otter Way, first house on the right.
Association Fee
Yes
County
Dare
Short Sale
Yes
Annual Rental Income
81535
Rental Co
Surf Or Sound Realty
Rental Cottage #
481
Rental Cottage Name
Sweet Tranquility
Furnishings Available
Yes
Bill of Sale in $
Yes
Bill of Sale Amt
1
Annual Rental Income$
81535
Rental Performance
0.1294
Yearly Expense Act/Est
Actual
Yr Electric Expense
6175
Yr Water Expense
1100
Yr Telephone Expense
1020
Yr Cable TV Expense
1200
Insurance Expenses
$2,710
Flood Expenses
841
Pool/Spa Expense
3410

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of Surf Or Sound Realty - Rodanthe. Selling Office: Midgett Realty - Hatteras.

Listed by Rob Petty

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