NOT LISTED FOR SALE

27204 Spin Drift Rd Salvo, NC 27972

Salvo Neighborhood

Estimated Value: $357,000 - $381,000

3 Beds
1.5 Baths
960 Sq Ft
$385/Sq Ft Est. Value

Last Sold May 15, 2015

Last sale price $175,000 $182 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $2,054/month

7 Days on Market

Highlights

  • Beach Box Architecture
  • Furnished
  • Fenced Yard
  • Corner Lot
  • Workshop
  • Patio

About This Home

As of May 2015

Beautifully renovated 3 bedroom, 1 1/2 bath located close to the beach and sound. This cozy cottage is all ready to go with a good sized kitchen and living room and large deck for enjoying the lazy days of summer. This home has ample storage for all of your beach, surf, kiting, kayaking, fishing, and stand up paddle board supplies. Located just off the highway but feels like its off the beaten path thanks to the trees protecting the property. This cottage is set up for gardening, with a large garden and compost ready to go for the gardening enthusiast looking for their island retreat.

Last Agent to Sell the Property

Belinda Thomas

ROG OBX, Inc License #208954 Listed on: 03/23/2015

Last Buyer's Agent

Michael Wynn

Sun Realty - Avon License #234210

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $909

Year Built

  • Built in 1979

Lot Details

  • 10,000 Sq Ft Lot
  • Property fronts a private road
  • Fenced Yard
  • Corner Lot
  • Property is zoned S-1

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 960 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Workshop
  • Utility Room
  • Ceramic Tile Flooring
  • Storm Doors

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Patio
  • Exterior Lighting
  • Storage Shed

Utilities

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

Community Details

  • Spin Drift Bnks Subdivision

Listing and Financial Details

  • Tax Lot 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$909

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Driving north on NC 12 through Salvo. Spin Drift Rd will be on the Oceanside. House is the 1st property to the right after you pull onto Spin Drift Road.
  • Extras: Ceiling Fan(s), Fenced Yard, Outside Lighting, Outside Shower, Patio, Storage Shed, Storm Doors, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Spin Drift Banks
  • Headline: "Renovated Paradise"
  • Heated Sq Ft: 960
  • Roads: Private
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: S-1
  • Deed Book Pg Number: 0426
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Floor Coverings: Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Washer Connection, Wood Fireplace
  • Optional Rooms: Utility Room, Workshop
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Off Street, Unpaved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Forced Air, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal, Well

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Corner
  • Lot Number: Lot 5
  • Deed Book: 1396

Rental Info

  • Other Expenses: 65300
  • Rental Cottage Name: Winters Dream

Building Info

  • Year Built: 1979

Tax Info

  • Year: 2014
  • Taxes: 908.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2015
Closed on
May 14, 2015
Sold by
Winters Joan E
Bought by
Giese Cedric P
Seller's Agent
Belinda Thomas
ROG OBX, Inc
Buyer's Agent
Michael Wynn
Sun Realty - Avon
List Price
$174,000
Sold Price
$175,000
Premium/Discount to List
$1,000
0.57%
Current Estimated Value
$369,804

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,804
Avg. Annual Appreciation
5.99%
Source: Public Records

Range of Values:

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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
Giese Cedric P -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2015 05/15/15 Sold $175,000 +0.6% $182 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $174,000 -- $181 / 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 $1,009 $159,500 $58,000 $101,500
2023 $977 $159,500 $58,000 $101,500
2022 $961 $159,500 $58,000 $101,500
2021 $946 $159,500 $58,000 $101,500
2020 $943 $159,500 $58,000 $101,500
2019 $974 $141,200 $65,300 $75,900
2018 $974 $141,200 $65,300 $75,900
2017 $974 $141,200 $65,300 $75,900
2016 $909 $141,200 $65,300 $75,900
2014 $909 $141,200 $65,300 $75,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87304

Outer Banks Association of REALTORS®

APN: 013211000