Seller's Agent in 2018
Trisha Midgett
Midgett Realty - Rodanthe
(252) 996-0124
160 in this area
1,267 Total Sales
27225 Farrow Dr Salvo, NC 27972
Salvo NeighborhoodEstimated Value: $563,000 - $792,000
4
Beds
3
Baths
1,568
Sq Ft
$440/Sq Ft
Est. Value
Highlights
- Views of a Sound
- In Ground Pool
- Furnished
- Beach Access
- Coastal Architecture
- Granite Countertops
About This Home
As of May 2018Make this very well maintained home in Salvo, which offers open concept living room and kitchen area, spacious decking yours today! This comfortable home is located on a quiet street, just 4 blocks back from the Oceanfront. Sleep in peace in the 3 first-floor bedrooms, all of which have TVs. A king bedroom shares a full bathroom that opens onto the laundry room. A Jack-and-Jill bathroom with a shower is shared between a queen bedroom and a bedroom with a bunk bed set and a pyramid bunk. Kick back on the shaded porch on this level. Enjoy sound views from the top floor king master bedroom with a private bathroom. Step into the sun on the beautiful deck on this level, where you can watch the sunset over the sound in the evening. Stargazing from the bubbly hot tub on this deck is the perfect end to an action-packed day. Have a blast splashing and playing in the private pool with free solar heat, exciting for all ages. Shoot some hoops in the driveway or take a walk to the nearby beach. Call today and make 'The Big Easy' yours today!
Last Agent to Sell the Property
Midgett Realty - Rodanthe License #162204 Listed on: 03/25/2018
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,985
Year Built
- Built in 1987
Lot Details
- 0.34 Acre Lot
- Property fronts a private road
- Level Lot
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Shake Siding
- Piling Construction
Interior Spaces
- 1,568 Sq Ft Home
- Furnished
- Window Treatments
- Views of a Sound
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
- 3 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Tuck Under Parking
- Paved Parking
Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Beach Access
- Covered Deck
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 2
Community Details
Overview
- Farrow Shores Subdivision
Recreation
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 25, 2018
Closed on
May 7, 2018
Sold by
Cockran William T
Bought by
Farrow Drive Partners Llc
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$399,000
Sold Price
$399,000
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
$291,401
Avg. Annual Appreciation
7.87%
Original Mortgage
$299,250
Outstanding Balance
$181,069
Interest Rate
4.5%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$509,332
Purchase Details
Closed on
Mar 21, 2015
Sold by
Cockran Julie Swan
Bought by
Cockran William Thomas
Purchase Details
Closed on
Dec 1, 2008
Sold by
Gaskins Helen F
Bought by
Cockran William Thomas and Cockran Julie Swan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Farrow Drive Partners Llc | $399,000 | -- | |
| Cockran William Thomas | -- | None Available | |
| Cockran William Thomas | $370,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Farrow Drive Partners Llc | $299,250 | |
| Closed | Farrow Drive Partners Llc | $299,250 | |
| Previous Owner | Cockran William Thomas | $268,280 | |
| Previous Owner | Cockran William Thomas | $285,000 | |
| Previous Owner | Gaskins Helen Farrow | $100,000 | |
| Previous Owner | Gaskins Helen F | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/24/2018 05/24/18 | Sold | $399,000 | 0.0% | $254 / Sq Ft |
| 04/23/2018 04/23/18 | Pending | -- | -- | -- |
| 03/25/2018 03/25/18 | For Sale | $399,000 | -- | $254 / Sq Ft |
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 | $2,617 | $402,800 | $135,000 | $267,800 |
| 2023 | $2,534 | $413,512 | $135,000 | $278,512 |
| 2022 | $2,493 | $413,512 | $135,000 | $278,512 |
| 2021 | $2,451 | $413,512 | $135,000 | $278,512 |
| 2020 | $2,446 | $413,512 | $135,000 | $278,512 |
| 2019 | $1,979 | $278,800 | $115,100 | $163,700 |
| 2018 | $1,985 | $278,800 | $115,100 | $163,700 |
| 2017 | $1,985 | $278,800 | $115,100 | $163,700 |
| 2016 | $1,847 | $278,800 | $115,100 | $163,700 |
| 2014 | $1,847 | $278,800 | $115,100 | $163,700 |
Source: Public Records
Agents Affiliated with this Home
-
Trisha Midgett
-
John Mills
J
Buyer Co-Listing Agent in 2018
John Mills
Midgett Realty - Rodanthe
(252) 489-3215
30 in this area
219 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 99800
APN: 004189002
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