NOT LISTED FOR SALE

27197 Sunset Dr Salvo, NC 27972

Estimated Value: $596,000 - $738,099

6 Beds
6 Baths
3,500 Sq Ft
$196/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2021

Last sale price $566,000 $162 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,870 / mo

7 Days on Market

Highlights

  • Views of a Sound
  • Second Refrigerator
  • Cathedral Ceiling
  • In Ground Pool
  • Coastal Architecture
  • Furnished

About This Home

As of October 2021

Life sure is GRAND at this soundside delight. The lockable watersports storage and close proximity to the sound makes GRAND BANKS a fantastic home for water sports enthusiasts. The private swimming pool and nearby bubbly hot tub are great for spending a relaxing day at the house. Step inside the slider into the game room with flat screen TV/DVD, pool table and wet bar with full size refrigerator and microwave. There is also a convenient half bath for quick trips in from the pool or sound. The mid level is home to 5 bedrooms including a king master with private bath, TV/ DVD, plus 2 king bedrooms that each share a bath with single & bunk bedrooms. The top level features one more king master bedroom with private bath and TV/DVD and a separate office space for a little quiet time. The top level great room is the perfect place to gather with the family to prepare meals and dine with water views then onto the decks to enjoy a beautiful sunset over the Pamlico Sound. While this home is a consistent rental producer it is far from reaching it's true investment potential due to the owner limiting the rental calendar. With the calendar opened up and pet friendly this home is expected to generate $61,755 in advertised rents and $50,205 in owner rent for 2022.

Last Agent to Sell the Property

Rob Petty

Outer Banks Home Group License #224417 Listed on: 07/15/2021

Last Buyer's Agent

Kathy Samson

WatersEdge Realty License #278226

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,793

Year Built

  • Built in 2004

Lot Details

  • 15,687 Sq Ft Lot
  • Lot Dimensions are 95 x 156 x 100 x 177
  • Level Lot
  • Property is zoned S-1

Home Design

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

Interior Spaces

  • 3,500 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Grande Harbor Subdivision

Listing and Financial Details

  • Tax Lot #2

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,793

Year Built

Built in 2004

Lot Details

0.36 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Hwy 12 to Salvo, turn onto Sunset Drive, house on the right
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Dry Entry, Inside Laundry Room
  • Flood Zone: AE, Shaded X
  • Headline: Private Pool & Beautiful Views
  • Heated Sq Ft: 3500
  • L V T Date: 07/15/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: S-1
  • Advertised Income 2020: 44040
  • Advertised Income 2021: 44311
  • Deed Book Pg Number: 0727
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7816
  • 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: 6
  • Countertops: Corian
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Game Room, Office
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Composite Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 95
  • View: Sound

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 4036

Lot Info

  • Estimated Lot Sq Ft: 15687
  • Lot Description: Level
  • Lot Faces: S
  • Lot Size: 95 x 156 x 100 x 177
  • Lot Number: Lot #2
  • Estimated Lot Size: 0.36
  • Deed Book: 2328

Rental Info

  • Est Annual Rental Income: 61755
  • Estimated Rental Performance: 0.1091
  • Flood Expenses: 812
  • Lease Terms: Weekly
  • Maintenance Expenses: 1316
  • Other Expenses: 325
  • Poolspa Expense: 2450
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Grand Banks
  • Rental Cottage Number: 745
  • Rental Phone Number: 252-987-1444
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1132
  • Annual Electric: 4922
  • Annual Telephone Expense: 827
  • Annual Water Expense: 702
  • Rental Contact Email: dana@surforsound.com
  • Rental Contact Name: Dana Wells
  • Rental Contact Phone: 252-987-1444

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2021
  • Taxes: 2793

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Oct 5, 2021
Sold by
Robert And Gail Banks Living Trust
Bought by
Mitchell Willburn E and Mitchell Mary E
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Kathy Samson
WatersEdge Realty
List Price
$559,900
Sold Price
$566,000
Premium/Discount to List
$6,100
1.09%
Current Estimated Value
$686,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,275
Avg. Annual Appreciation
4.35%

Purchase Details

Listed on
Jul 15, 2021
Closed on
Sep 20, 2021
Sold by
Banks Robert William and Banks Gail Chadwick
Bought by
Mitchell Wilburn E and Mitchell Mary E
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Kathy Samson
WatersEdge Realty
List Price
$559,900
Sold Price
$566,000
Premium/Discount to List
$6,100
1.09%

Purchase Details

Closed on
Jan 31, 2012
Sold by
Harris Andy T
Bought by
Banks Robert W and Banks Gail C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
3.97%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Mitchell Willburn E $2,830,000 Sharp Starkey
Mitchell Wilburn E $566,000 None Available
Banks Robert W $275,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banks Robert W $220,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/05/2021 10/05/21 Sold $566,000 +1.1% $162 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $559,900 -- $160 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $2,784 $624,200 $111,600 $512,600
2024 $2,989 $455,900 $83,700 $372,200
2023 $2,885 $470,788 $83,700 $387,088
2022 $2,838 $470,788 $83,700 $387,088
2021 $2,800 $470,788 $83,700 $387,088
2020 $2,784 $470,788 $83,700 $387,088
2019 $2,851 $396,600 $60,300 $336,300
2018 $2,851 $396,600 $60,300 $336,300
2017 $2,863 $396,600 $60,300 $336,300
2016 $2,661 $396,600 $60,300 $336,300
2014 $2,661 $396,600 $60,300 $336,300
Source: Public Records

Agents Affiliated with this Home

  • Rob Petty

    Seller's Agent in 2021

    Rob Petty

    Outer Banks Home Group

    (252) 256-2830

    8 in this area

    43 Total Sales

    Rob Petty
    Section Image
  • Kathy Samson

    Buyer's Agent in 2021

    Kathy Samson

    WatersEdge Realty

    (252) 256-2485

    1 in this area

    59 Total Sales

    Kathy Samson
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115234

Outer Banks Association of REALTORS®

APN: 013193003

North Carolina Dare County Salvo

27197 Sunset Dr, Salvo, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.