NOT LISTED FOR SALE

27152 5th St Salvo, NC 27972

Estimated Value: $853,000 - $996,000

6 Beds
5.5 Baths
3,930 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $350,000 $89 Per Sq Ft

Est. 167% increase in value since last sale

Current estimated payment $5,151/month

19 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Wood Flooring
  • Beach Access
  • Contemporary Architecture
  • Attic

About This Home

As of July 2013

This huge house is full of potential. Three floors are accessed by elevator. There are 6 BR's including 4 masters, a spacious great room with hardwood floors, ceramic tile kitchen, dining, and all baths, a game room, sun room, office room, laundry room, rooms all over the place. Banks of windows brighten the spacious interior and provide beautiful ocean views. There's even a huge fourth floor attic. Return this house to its former elegance and watch it take off.

Last Agent to Sell the Property

Steven Dwight

Default, Office License #187703 Listed on: 05/30/2013

Co-Listed By

Rita Dwight

Surf or Sound Realty - Avon License #187702

Last Buyer's Agent

Kent Copeland

Coldwell Banker Seaside Realty KH License #185671

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,140

Year Built

  • Built in 2000

Lot Details

  • 0.25 Acre Lot
  • Cul-De-Sac
  • Property is zoned R1

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,930 Sq Ft Home
  • Elevator
  • Ceiling height of 9 feet or more
  • Game Room
  • Sun or Florida Room
  • Laminate Countertops
  • Attic

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Unpaved Parking
  • Paved Parking

Pool

  • In Ground Pool
  • Spa
  • Fiberglass Pool

Outdoor Features

  • Beach Access

Utilities

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

Community Details

  • Salvo Beach Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,140

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Bank Owned: Yes
  • Directions: From NC 12 turn East onto Ocean Spray Road (South Salvo) Go to Fifth Street and turn right.
  • Extras: Beach Access, Elevator, Hot Tub
  • Flood Zone: AE
  • Subdivision Name: Salvo Beach No. 3
  • Headline: Big Bank Owned Beauty
  • Heated Sq Ft: 3930
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: R1
  • Deed Book Pg Number: 0034
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Interior Amenities: 9' Ceilings, Attic
  • Optional Rooms: Game Room, Office, Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Unpaved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 11000
  • Lot Description: Cul-de-sac
  • Lot Number: Lot 10
  • Deed Book: 1922

Rental Info

  • Est Annual Rental Income: 50000
  • Estimated Rental Performance: 0.1429

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2012
  • Taxes: 3140.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 3, 2013
Sold by
Benavides Aerin W
Bought by
Dba Partners Llc
Current Estimated Value
$933,558

Purchase Details

Closed on
Jan 30, 2013
Sold by
Reynolds Susan J
Bought by
The Bank Of New York Mellon Trust Co Na and The Bank Of New York Trust Co Na
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Dba Partners Llc -- None Available
The Bank Of New York Mellon Trust Co Na $476,445 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2013 07/12/13 Sold $350,000 +10.8% $89 / Sq Ft
06/18/2013 06/18/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $315,810 -- $80 / 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
2025 $3,802 $852,900 $162,300 $690,600
2024 $3,826 $584,200 $118,800 $465,400
2023 $3,694 $602,816 $118,800 $484,016
2022 $3,634 $602,816 $118,800 $484,016
2021 $3,585 $602,816 $118,800 $484,016
2020 $3,565 $584,200 $118,800 $465,400
2019 $3,610 $504,400 $123,600 $380,800
2018 $3,610 $504,400 $123,600 $380,800
2017 $3,623 $504,400 $123,600 $380,800
2016 $3,369 $504,400 $123,600 $380,800
2014 $3,381 $504,400 $123,600 $380,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 79299

Outer Banks Association of REALTORS®

APN: 014342010