Seller's Agent in 2021
Rob Petty
Outer Banks Home Group
(252) 256-2830
8 in this area
52 Total Sales
27159 Ocean St Salvo, NC 27972
Salvo Neighborhood
0.29
Acre
$1,327,586
Price per Acre
12,632
Sq Ft Lot
Highlights
- Beach Front
- Ocean View
- Level Lot
About This Lot
As of August 2021This oceanfront lot in the AE flood zone is perfect for your new beach house. You will enjoy a double dune line that offers protection for your beach front home, while allowing for amazing ocean views. Dare County issued an Improvement Permit in 2004 for a proposed 5 bedroom construction and the seller is offering the architect's floor plan and site plan to the new owner. The plans include an elevator and a bedroom with adjoining bath and game room on the first floor, 3 master suites and a den on the middle level, and a top floor master, living room, kitchen and dining room that take full advantage of ocean views. A 2016 construction of a 5 bedroom home on the adjacent lot sold for $1,387,000 in the summer of 2018 (MLS #99983). You will love waking up to the sunrise over the water before your day at the beach enjoying surfing and fishing. The location is easily accessible but also offers some privacy and a quick run to Salvo's 4x4 beach ramp 23 or the Salvo Day Use Area on the sound side for the ultimate location for SUP and kiteboarding, or just a picnic by the public grill area.
Property Details
Property Type
- Land
Est. Annual Taxes
- $2,004
Lot Details
- 0.29 Acre Lot
- Beach Front
- 71 Feet of Waterfront
- Property fronts a private road
- Level Lot
- Cleared Lot
- Property is zoned S-1
Property Views
- Ocean
- Park or Greenbelt
Community Details
- Salvo Beach Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 24, 2021
Closed on
Aug 20, 2021
Sold by
Mccoy Enc Llc
Bought by
Kohls Laura and Kohls Stephen T
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
List Price
$2,495,000
Sold Price
$2,350,000
Premium/Discount to List
-$145,000
-5.81%
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
-$76,771
Avg. Annual Appreciation
-0.82%
Original Mortgage
$1,762,500
Outstanding Balance
$1,609,559
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$663,670
Purchase Details
Listed on
Jan 14, 2019
Closed on
Jun 17, 2019
Sold by
Steenstra Henry J
Bought by
Mccoy Enc Llc
Seller's Agent
Carla Reynolds
NC 12 Realty
Buyer's Agent
Rob Petty
Outer Banks Home Group
List Price
$450,000
Sold Price
$385,000
Premium/Discount to List
-$65,000
-14.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
133.79%
Original Mortgage
$1,210,000
Interest Rate
3.82%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $2,350,000 | None Available | |
| Warranty Deed | $385,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,762,500 | New Conventional | |
| Previous Owner | $1,210,000 | Stand Alone Refi Refinance Of Original Loan |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/23/2021 08/23/21 | Sold | $2,350,000 | -5.8% | $498 / Sq Ft |
| 07/06/2021 07/06/21 | Pending | -- | -- | -- |
| 03/24/2021 03/24/21 | For Sale | $2,495,000 | +548.1% | $529 / Sq Ft |
| 07/09/2019 07/09/19 | Sold | $385,000 | -14.4% | -- |
| 03/28/2019 03/28/19 | Pending | -- | -- | -- |
| 01/14/2019 01/14/19 | For Sale | $450,000 | -- | -- |
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 | $8,908 | $1,365,100 | $396,000 | $969,100 |
| 2023 | $5,467 | $1,403,864 | $396,000 | $1,007,864 |
| 2022 | $8,463 | $1,403,864 | $396,000 | $1,007,864 |
| 2021 | $8,322 | $1,403,864 | $396,000 | $1,007,864 |
| 2020 | $6,159 | $1,041,424 | $396,000 | $645,424 |
| 2019 | $2,004 | $290,500 | $290,500 | $0 |
| 2018 | $2,004 | $290,500 | $290,500 | $0 |
| 2017 | $2,004 | $290,500 | $290,500 | $0 |
| 2016 | $1,870 | $290,500 | $290,500 | $0 |
| 2014 | $1,870 | $290,500 | $290,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Rob Petty
-
Catherine Strachan
Buyer's Agent in 2021
Catherine Strachan
Brindley Beach Vacations & Sales-Duck
(252) 489-9540
2 in this area
179 Total Sales
-
Carla Reynolds
Seller's Agent in 2019
Carla Reynolds
NC 12 Realty
(252) 996-0403
7 in this area
139 Total Sales
-
Trafton Reynolds
Seller Co-Listing Agent in 2019
Trafton Reynolds
NC 12 Realty
(252) 996-0104
8 in this area
157 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 103293
APN: 014346016
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