NOT LISTED FOR SALE

1 9th Ave Kitty Hawk, NC 27949

Estimated Value: $1,762,000 - $5,399,000

7 Beds
5.5 Baths
4,463 Sq Ft
$812/Sq Ft Est. Value

Last Sold February 28, 2019

Last sale price $2,175,000 $487 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $21,724/month

3 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Boat Dock
  • Kitty Hawk Elementary School Rated 9+
  • Ocean View
  • In Ground Pool

About This Home

As of February 2019

Welcome to One Ninth Avenue, an absolutely gorgeous Oceanfront home in Southern Shores. Thoughtful architectural elements seamlessly blend with exquisite interior design offering a palatial waterfront estate on the shores of the Atlantic. Enjoy sweeping views of the beach and surf from the upper level great room, complete with exposed beam ceilings, stone fireplace and rich, luxurious furnishings. Adjacent is the open kitchen that has been outfitted for the most particular cook in the family. Stainless appliances, granite countertops, gas cooktop, wine chiller and beautiful white cabinetry all surround the center island with a deep under counter sink and bar area for entertaining. There is an enormous pantry hidden to the rear of the kitchen. From here, flow directly into the dining area with seating for 12. This area also features a tongue in groove ceiling with exposed beams. Dining with these ocean views is beyond belief! The master bedroom (also on this level) is equally as grand and also offers amazing water views. The cool blue master bath is set with glass shower, large soaking tub, plenty of vanity space and plantation shutters. The second level of the house is anchored by an amazing gameroom that offers a commercial Dynamo pool table, pro shuffleboard, surround sound, wide screen, surf board drink rail and tons of seating. Keeping with the upper level theme, this gameroom also has rich, exposed beam ceilings painted bright white to avoid the typical dungeness feel. There are seven bedrooms in total with four on this level. Each bedroom has been professionally decorated with top of the line bedding. Window treatments are of equal quality, ranging from drapes, honeycomb blinds to plantation shutters. Through the breezeway on the second level is the Carriage House complex with two more bedrooms and 2 baths. This is the perfect honeymoon suite for those that need some private time. The first level of the Carriage House offers two large indoor garage spaces. Over 40 windows have just been upgraded with new hurricane rated replacements (2018). The crown jewel of the rear yard is the private pool with three waterfall features (new in 2017). See detailed list of recent upgrades in attached docs or contact agent to have them emailed. It is the perfect place to unwind after an action-packed day on the beach. The current owners have impeccable taste and have taken great care of every nook and cranny…even the outdoor shower has been finished in T&G Juniper! The property has an extremely high and stable dune offering the owner protection and peace of mind. Landscaping is lush, featuring Tiffway Bermuda grass in the front and rear yards along with an irrigation well. This property was designed as a full-time residence; however, it will be a top rental producer should someone want to purchase as an investment. Conservative income projection is over $205,000. It literally has every amenity a renter would ever desire. One look and you will realize why many locals consider this the most beautiful home in the OBX. This is an opportunity that does not come around too often!

Last Agent to Sell the Property

Chandler Spawr

Coastal Property Partners License #190456 Listed on: 01/07/2019

Last Buyer's Agent

Chandler Spawr

Coastal Property Partners License #190456 Listed on: 01/07/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,861

Year Built

  • Built in 1997

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 100 x 250
  • Beach Front
  • 100 Feet of Waterfront
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $5 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,463 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 2 / 54

Community Details

Overview

  • Association fees include common electric, flood insurance, grounds maintenance, tennis courts, walkways
  • Ssca Office (Voluntary) Association, Phone Number (252) 261-8617
  • Sea Crest Villg Subdivision

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Community Beach Access
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,861

Year Built

Built in 1997

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Craftsman, Coastal
  • Directions: From Duck Rd, turn East on 9th Ave -> House on the Oceanfront
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Garage Door Opener, Handicap Friendly, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Southern Shores
  • Headline: Oceanfront Luxury
  • Heated Sq Ft: 4463
  • L V T Date: 01/07/2019
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0092
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26165
  • 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, Wine Cooler
  • Bedrooms: 7
  • Countertops: Granite
  • Electronic Locks: Owned
  • Floor Coverings: Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, In-Law Apartment, Pantry, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Salt, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Garage: 2 Car, Attached
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Flood Insurance, Grounds Maintenance, Tennis Courts, Walkways
  • Association Amenities: Boat Ramp, Ocean Access, Park, Playground, Sound Access, Common Area
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 65
  • Hoa Contact: SSCA Office (voluntary)
  • HOA Contact: 252-261-8617
  • Home Owner Dwelling Insurance: 2472

Lot Info

  • Estimated Lot Sq Ft: 23000
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: Ocean
  • Lot Size: 100 x 250
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.53
  • Deed Book: 1918

Rental Info

  • Est Annual Rental Income: 205260
  • Estimated Rental Performance: 0.0944
  • Flood Expenses: 5278
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2100
  • Annual Telephone Expense: 540
  • Annual Water Expense: 400
  • Rental Contact Name: Full Time Residence...Rental Projection in Docs

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2018
  • Taxes: 10861

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2019
Closed on
Feb 27, 2019
Sold by
Regan Patrick D
Bought by
Snearer Karl F and Mckenna Jaclyn
Seller's Agent
Chandler Spawr
Coastal Property Partners
Buyer's Agent
Chandler Spawr
Coastal Property Partners
List Price
$2,225,000
Sold Price
$2,175,000
Premium/Discount to List
-$50,000
-2.25%
Total Days on Market
3
Current Estimated Value
$3,621,776

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,446,776
Avg. Annual Appreciation
6.17%
Original Mortgage
$1,740,000
Outstanding Balance
$1,511,122
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,652,165

Purchase Details

Listed on
Aug 8, 2012
Closed on
Jan 8, 2013
Sold by
Campbell Claire I and Moody Willard J
Bought by
Regan Patrick D and Regan Joanne M
Seller's Agent
Ilona Matteson
Beach Realty & Construction - Duck
Buyer's Agent
Jane Ford
Ford Luxury Properties, LLC
List Price
$1,900,000
Sold Price
$1,660,000
Premium/Discount to List
-$240,000
-12.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.50%
Original Mortgage
$1,000,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Snearer Karl F $2,175,000 --
Regan Patrick D $1,660,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snearer Karl F $1,740,000
Previous Owner Regan Patrick D $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2019 02/28/19 Sold $2,175,000 -2.2% $487 / Sq Ft
01/10/2019 01/10/19 Pending -- -- --
01/07/2019 01/07/19 For Sale $2,225,000 +34.0% $499 / Sq Ft
01/08/2013 01/08/13 Sold $1,660,000 -12.6% $447 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
08/08/2012 08/08/12 For Sale $1,900,000 -- $512 / 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 $16,661 $2,258,200 $879,800 $1,378,400
2023 $16,661 $2,258,200 $879,800 $1,378,400
2022 $16,661 $2,258,200 $879,800 $1,378,400
2021 $16,661 $2,258,200 $879,800 $1,378,400
2020 $13,466 $2,258,200 $879,800 $1,378,400
2019 $10,853 $1,532,200 $841,800 $690,400
2018 $10,862 $1,532,200 $841,800 $690,400
2017 $10,797 $1,510,100 $841,800 $668,300
2016 $9,701 $1,492,500 $841,800 $650,700
2014 $8,863 $1,363,500 $841,800 $521,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 103135

Outer Banks Association of REALTORS®

APN: 021199000