NOT LISTED FOR SALE

26160 Otter Way Salvo, NC 27972

Salvo Neighborhood

Estimated Value: $1,533,000 - $1,953,000

7 Beds
9 Baths
5,221 Sq Ft
$327/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $1,175,000 $225 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $9,658/month

117 Days on Market

Highlights

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

About This Home

As of December 2021

This home is MAGNIFICENT!! This stunning 7-bedroom, 7 full bath and 2 half bath sound front home in the beautiful Wind Over Waves subdivision of Salvo has everything you could possibly wish for in the perfect vacation/investment home...and MORE!! "Baywatch" offers incredible sound and sunset views and 5,220 square feet of beautifully decorated and luxuriously furnished living space! The amenities this property has to offer are nearly too numerous to mention, but let's give it a go...custom sound front pool with waterfall; hot tub; outdoor shower; sun decks; covered decks; first level king bedroom and handicap friendly full bath with roll-in shower; TWO game rooms - one with a wet bar featuring refrigerator, microwave and ice machine; a home theatre/media room with ANOTHER wet bar with ice machine; TWO laundry rooms (one on each bedroom level!); mid-level office nook; elevator; upper level king master suite with walk-in closet and jacuzzi tub; amazing great room with vaulted ceilings, built-ins, floor to ceiling windows and gas fireplace; MULTIPLE dining areas; gourmet kitchen with TWO refrigerators; TWO ovens; TWO dishwashers, large center island and granite countertops; and views, views, VIEWS!!! Add in the Wind Over Waves community pier and boat ramp for kayaking, fishing, boating and watersports as well as proximity to all the shopping, dining and entertainment that the tri-villages have to offer.....this is the perfect house!! No wonder "Baywatch" is such a stellar rental performer with more than $108K already booked for 2021 and more than $89K already on the books for 2022!! Don't miss this one of a kind opportunity...come and visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 06/15/2021

Last Buyer's Agent

Liz Midgett

Midgett Realty - Avon License #221798

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,582

Year Built

  • Built in 2005

Lot Details

  • 0.47 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • 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
  • Piling Construction

Interior Spaces

  • 5,221 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Game Room
  • Laundry Room

Kitchen

  • Second Refrigerator
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 37

Community Details

Overview

  • Association fees include common electric, common insurance, 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

$5,582

Year Built

Built in 2005

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, Elevator, Handicap Friendly, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Wind Over Waves - Phase 2
  • Headline: OPULENT SOUNDFRONT LIVING!!
  • Heated Sq Ft: 5221
  • L V T Date: 06/15/2021
  • Phase: 2
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Advertised Income 2020: 91788
  • Advertised Income 2021: 108945
  • Advertised Income 2022: 89405
  • Deed Book Pg Number: 0037
  • 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: 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 7
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ensuite, Some Windows Treated, Walk in Closet, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Game Room, Office, Home Theater
  • Partial Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Walkways
  • Association Amenities: Boat Ramp, Ocean Access, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 483
  • Hoa Contact: Tom Amatucci
  • HOA Contact: bwctom@gmail.com

Lot Info

  • Estimated Lot Sq Ft: 20500
  • Lot Description: Adj to Park Serv./Preserv, Level
  • Lot Number: Lot 37
  • Estimated Lot Size: 0.47
  • Deed Book: 1825

Rental Info

  • Est Annual Rental Income: 100795
  • Estimated Rental Performance: 0.0858
  • Lease Terms: Weekly
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Baywatch
  • Rental Cottage Number: 549
  • Rental Turnover Day: Saturday
  • Rental Contact Email: kimberley@surforsound.com
  • Rental Contact Name: Kimberley Hutton

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2020
  • Taxes: 5582.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2023
Sold by
Curley Timothy M and Curley Jamie
Bought by
Curley 5 Nc Llc
Current Estimated Value
$1,709,213

Purchase Details

Listed on
Jun 15, 2021
Closed on
Dec 2, 2021
Sold by
Go Hard Llc
Bought by
Curley Timothy M and Curley Jamie
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Liz Midgett
Midgett Realty - Avon
List Price
$1,600,000
Sold Price
$1,175,000
Premium/Discount to List
-$425,000
-26.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.17%
Original Mortgage
$1,057,500
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2010
Sold by
Tao Stanley S and Tao Ann
Bought by
Go Herd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2009
Sold by
Go Herd Llc
Bought by
Tao Stanley S and Tao Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$397,000
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2008
Sold by
Go Pirates Llc
Bought by
Tao Stanley and Tao Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2005
Sold by
Skyco Airport Llc
Bought by
Robbins Neal Project Management Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Curley 5 Nc Llc -- None Listed On Document
Curley 5 Nc Llc -- None Listed On Document
Curley Timothy M $1,175,000 None Available
Go Herd Llc -- None Available
Tao Stanley S -- None Available
Tao Stanley $865,000 None Available
Robbins Neal Project Management Llc $280,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Curley Timothy M $1,057,500
Previous Owner Tao Stanley S $397,000
Previous Owner Tao Stanley $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2021 12/03/21 Sold $1,175,000 -16.1% $225 / Sq Ft
10/10/2021 10/10/21 Pending -- -- --
10/08/2021 10/08/21 Price Changed $1,400,000 +40.0% $268 / Sq Ft
10/08/2021 10/08/21 Price Changed $1,000,000 -37.5% $192 / Sq Ft
06/15/2021 06/15/21 For Sale $1,600,000 -- $306 / 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 $6,670 $1,019,100 $226,400 $792,700
2023 $5,766 $940,908 $155,500 $785,408
2022 $5,672 $940,908 $155,500 $785,408
2021 $5,578 $940,908 $155,500 $785,408
2020 $5,565 $940,908 $155,500 $785,408
2019 $6,114 $854,800 $220,100 $634,700
2018 $6,114 $854,800 $220,100 $634,700
2017 $6,136 $854,800 $220,100 $634,700
2016 $5,706 $854,800 $220,100 $634,700
2014 -- $854,800 $220,100 $634,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114830

Outer Banks Association of REALTORS®

APN: 012821074