NOT LISTED FOR SALE

Estimated Value: $766,766 - $857,000

5 Beds
4.5 Baths
2,804 Sq Ft
$289/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $616,000 $220 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,664/month

12 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • In Ground Pool
  • Ocean View
  • Home fronts a sound
  • Second Refrigerator

About This Home

As of March 2021

Whether you are looking for a year-round residence, vacation home or rental opportunity, you need to visit "Deep Purple". Located in the beautiful Wind Over Waves subdivision in Salvo, this home offers extraordinary sound views as well as ocean and sound access...you could be the owner of the best sunsets on Hatteras Island!! This 5 bedroom/4-1/2 bath home is beautifully decorated with a colorful interior and amenities galore - sun decks; covered decks; private pool and hot tub; outdoor shower; game room with wet bar featuring a full refrigerator and microwave; foyer; loft/sitting room; well equipped kitchen with pantry, beautiful open family/dining area with cathedral ceilings, built-ins, gas fireplace and gorgeous views!! Add to the list the community boat ramp and piers for easy sound access for kayaking, fishing or boarding and it is unbeatable! This home truly has it all....no wonder "Deep Purple" is such a solid rental performer!! Don't miss this one...come and visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 12/29/2020

Last Buyer's Agent

Tammy Russell

Keller Williams - Outer Banks License #152164

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,713

Year Built

  • Built in 2003

Lot Details

  • 2,804 Sq Ft Lot
  • Home fronts a sound
  • Property fronts a private road
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $40 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,804 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Loft
  • Game Room

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 14

Community Details

Overview

  • Association fees include common electric, grounds maintenance, management, road maintenance, walkways
  • Tom Amatucci Association
  • Wind Over Waves Subdivision

Recreation

  • Boat Dock
  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,713

Year Built

Built in 2003

Lot Details

0

HOA Fees

$40 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Sun Deck
  • Flood Zone: AE
  • Heated Sq Ft: 2804
  • L V T Date: 12/29/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: Res
  • Advertised Income 2020: 57760
  • Advertised Income 2021: 56382
  • Deed Book Pg Number: 0615
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Optional Rooms: Foyer, Game Room, Loft, Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Fuel Tanks: Owned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Grounds Maintenance, Management, Road Maintenance, Walkways
  • Association Amenities: Boat Ramp, Ocean Access, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 485
  • Hoa Contact: Tom Amatucci
  • HOA Contact: bwctom@gmail.com

Lot Info

  • Estimated Lot Sq Ft: 2804
  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 14
  • Estimated Lot Size: 0.06
  • Deed Book: 2193

Rental Info

  • Est Annual Rental Income: 57140
  • Estimated Rental Performance: 0.0928
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Deep Purple
  • Rental Cottage Number: 379
  • Rental Turnover Day: Saturday
  • Rental Contact Email: lisal@surforsound.com
  • Rental Contact Name: Lisa Latham

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2020
  • Taxes: 2712.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 29, 2020
Closed on
Mar 10, 2021
Sold by
Walston Trust and Walston John L
Bought by
Mulhare Michael David and Mulhare Angela J
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Tammy Russell
Keller Williams - Outer Banks
List Price
$625,000
Sold Price
$616,000
Premium/Discount to List
-$9,000
-1.44%
Current Estimated Value
$810,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,192
Avg. Annual Appreciation
4.90%
Original Mortgage
$548,250
Outstanding Balance
$494,497
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$269,075

Purchase Details

Closed on
Sep 5, 2017
Sold by
Walston John L and Walston Phyllis K
Bought by
Walston John L and Walston Phyllis K
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mulhare Michael David $616,000 None Listed On Document
Mulhare Michael David $616,000 None Listed On Document
Walston John L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulahre Michael David $548,250
Closed Mulhare Michael David $548,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $616,000 -1.4% $220 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $625,000 -- $223 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,912 $443,300 $59,300 $384,000
2023 $2,811 $458,660 $59,300 $399,360
2022 $2,765 $458,660 $59,300 $399,360
2021 $2,719 $458,660 $59,300 $399,360
2020 $2,713 $458,660 $59,300 $399,360
2019 $2,720 $378,400 $57,500 $320,900
2018 $2,720 $378,400 $57,500 $320,900
2017 $2,720 $378,400 $57,500 $320,900
2016 $2,539 $378,400 $57,500 $320,900
2014 $2,539 $378,400 $57,500 $320,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112270

Outer Banks Association of REALTORS®

APN: 012821014