Seller's Agent in 2022
Trisha Midgett
Midgett Realty - Rodanthe
(252) 996-0124
161 in this area
1,273 Total Sales
26143 Otter Way Salvo, NC 27972
Salvo NeighborhoodEstimated Value: $862,000 - $903,348
6
Beds
6.5
Baths
3,596
Sq Ft
$245/Sq Ft
Est. Value
Highlights
- Ocean View
- Home fronts a sound
- 0.46 Acre Lot
- Private Dock
- In Ground Pool
- Second Refrigerator
About This Home
As of July 2022Whether you are looking for the perfect year round residence, vacation home or investment property, you do NOT want to miss "Moon Splash"! This 6-bedroom (5 are masters!) 6 full bath and 1-half bath home located in the beautiful Wind Over Waves subdivision of Salvo has everything you could want in a home...and more! The location is ideal....semi-soundfront with incredible sunset views; just steps from the community walking pier and boat ramp for kayaking, kiting, fishing and boating; just a stroll to the ocean 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 - sun decks; covered decks; private pool and hot tub; outside shower; ground level game room with a wet bar including a full size refrigerator and microwave and gorgeous luxury vinyl plank flooring; mid-level den/sitting room/wine bar with ANOTHER wet bar with ANOTHER full refrigerator plus a wine cooler; LARGE bedrooms; open upper living/dining area with cathedral ceilings, ceiling fans and a gas fireplace; HUGE kitchen with breakfast bar and tons of counter/prep space, and view, views, VIEWS! No wonder "Moon Splash" is such a solid rental performer with more than $55K in rents for 2021 and more than $65K already on the books for 2022! This is an opportunity you do NOT want to miss...come and visit "Moon Splash" today!!
Last Agent to Sell the Property
Midgett Realty - Rodanthe License #162204 Listed on: 02/14/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,362
Year Built
- Built in 2004
Lot Details
- 0.46 Acre Lot
- Home fronts a sound
- Property fronts a private road
- Level Lot
- Property is zoned S1
HOA Fees
- $48 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
- 3,596 Sq Ft Home
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Library
- Game Room
Kitchen
- Oven or Range
- Microwave
- Second Refrigerator
- Dishwasher
- Wine Cooler
- Laminate Countertops
Flooring
- Wood
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
- Off-Street Parking
Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Private Dock
- Covered Deck
- Exterior Lighting
- Storage Shed
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 26
Community Details
Overview
- Association fees include grounds maintenance, management, road maintenance, walkways
- Tom Amatucci Association, Phone Number (443) 928-8007
- Wind Over Waves Subdivision
Recreation
- Boat Dock
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 14, 2022
Closed on
Jul 19, 2022
Sold by
Richard Young Bab and Richard Joy
Bought by
Karam Christopher J and Karam Kathleen A
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$850,000
Sold Price
$836,000
Premium/Discount to List
-$14,000
-1.65%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,819
Avg. Annual Appreciation
1.74%
Original Mortgage
$668,800
Outstanding Balance
$641,435
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$239,902
Purchase Details
Closed on
Sep 11, 2012
Sold by
Slaterbeck Thomas O and Slaterbeck Jane M
Bought by
Young Bab Richard
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Karam Christopher J | $4,180,000 | None Listed On Document | |
| Young Bab Richard | $322,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Karam Christopher J | $668,800 | |
| Previous Owner | Young Bay | $200,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/18/2022 07/18/22 | Sold | $836,000 | -0.4% | $232 / Sq Ft |
| 06/11/2022 06/11/22 | Pending | -- | -- | -- |
| 04/06/2022 04/06/22 | Price Changed | $839,000 | -1.3% | $233 / Sq Ft |
| 02/14/2022 02/14/22 | For Sale | $850,000 | -- | $236 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $3,589 | $547,700 | $62,600 | $485,100 |
| 2023 | $3,475 | $567,104 | $62,600 | $504,504 |
| 2022 | $3,418 | $567,104 | $62,600 | $504,504 |
| 2021 | $3,362 | $567,104 | $62,600 | $504,504 |
| 2020 | $3,354 | $567,104 | $62,600 | $504,504 |
| 2019 | $2,956 | $411,100 | $60,600 | $350,500 |
| 2018 | $2,956 | $411,100 | $60,600 | $350,500 |
| 2017 | $2,956 | $411,100 | $60,600 | $350,500 |
| 2016 | $2,759 | $411,100 | $60,600 | $350,500 |
| 2014 | $2,759 | $411,100 | $60,600 | $350,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
M
Seller Co-Listing Agent in 2022
Michael Milteer
Midgett Realty - Rodanthe
(757) 653-4878
19 in this area
192 Total Sales
-
Buyer Co-Listing Agent in 2022
Courtney Snearer
Midgett Realty - Rodanthe
(252) 216-9697
13 in this area
148 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 117637
APN: 012821063
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Information is deemed reliable but not guaranteed.
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