NOT LISTED FOR SALE

27199 Sunset Dr Salvo, NC 27972

Salvo Neighborhood

Estimated Value: $97,160

0.38 Acre
$255,684 Price per Acre
16,553 Sq Ft Lot

Last Sold April 08, 2022

Last sale price $85,000

Est. 14% increase in value since last sale

Current estimated payment $573/month

30 Days on Market

About This Lot

As of April 2022

Check out this Soundside homesite; 16,500 sq. ft. lot located in Grande Harbor Subdivision. Build your dream home with beautiful views of the Pamlico Sound and those amazing Hatteras Island sunsets! Enjoy a relaxing bike ride along the Salvo multi-use path and access to Ramp 23 and the Salvo Day Use Area is in close proximity for those all day water excursions. Salvo is a wonderful community with one of the widest and most pristine beaches that Hatteras Island has to offer. Call today to start planning your dream home!

Last Agent to Sell the Property

Rob Petty

Outer Banks Home Group License #224417 Listed on: 01/27/2022

Last Buyer's Agent

Dan Johnson

Midgett Realty - Hatteras License #90206

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $504

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 90 x 196 x 94 x 177
  • Level Lot
  • Property is zoned S-1

Property Views

  • Views of a Sound

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Grande Harbor Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$504

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Hwy 12 to Salvo, turn onto Sunset Drive, first lot on the right
  • Flood Zone: AE, Shaded X
  • Headline: Large Soundside Lot
  • L V T Date: 01/27/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: S-1
  • Deed Book Pg Number: 0727
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 90
  • View: Sound

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 16500
  • Lot Description: Level
  • Lot Faces: S
  • Lot Size: 90 x 196 x 94 x 177
  • Estimated Lot Size: 0.38
  • Deed Book: 2328
  • Unit/Lot Number: Lot #1

Tax Info

  • Year: 2021
  • Taxes: 504.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2022
Closed on
Apr 6, 2022
Sold by
Robert And Gail Banks Living Trust
Bought by
Red Shed Llc
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Dan Johnson
Midgett Realty - Hatteras
List Price
$89,900
Sold Price
$85,000
Premium/Discount to List
-$4,900
-5.45%
Current Estimated Value
$97,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,160
Avg. Annual Appreciation
4.01%

Purchase Details

Listed on
Nov 18, 2012
Closed on
May 17, 2013
Sold by
Gerloff Stephen W and Gerloff Barbara
Bought by
Banks Robert W and Banks Gail C
Seller's Agent
Rob Petty
Outer Banks Home Group
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$54,900
Sold Price
$40,000
Premium/Discount to List
-$14,900
-27.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.84%

Purchase Details

Closed on
May 26, 2005
Sold by
Gaines Gerald M and Gaines Karin
Bought by
Gerloff Stephen W and Gerloff Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$215,100
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Red Shed Llc $510,000 Sharp Starkey
Banks Robert W $40,000 None Available
Gerloff Stephen W $239,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scruggs Lee C $826,800
Previous Owner Gerloff Stephen W $215,100
Previous Owner Chess Thomas J $172,500
Previous Owner Chess Thomas J $103,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $85,000 -5.5% --
02/26/2022 02/26/22 Pending -- -- --
01/27/2022 01/27/22 For Sale $89,900 +124.8% --
05/17/2013 05/17/13 Sold $40,000 -27.1% --
01/20/2013 01/20/13 Pending -- -- --
11/18/2012 11/18/12 For Sale $54,900 -- --
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 $539 $85,100 $85,100 $0
2023 $341 $85,100 $85,100 $0
2022 $513 $85,100 $85,100 $0
2021 $504 $85,100 $85,100 $0
2020 $503 $85,100 $85,100 $0
2019 $422 $61,200 $61,200 $0
2018 $422 $61,200 $61,200 $0
2017 $422 $61,200 $61,200 $0
2016 $394 $61,200 $61,200 $0
2014 $394 $61,200 $61,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117424

Outer Banks Association of REALTORS®

APN: 013193002