NOT LISTED FOR SALE

1 Ocean View Loop Kitty Hawk, NC 27949

Estimated Value: $800,000 - $1,048,000

0.51 Acre
$1,846,402 Price per Acre
22,216 Sq Ft Lot

Last Sold June 21, 2019

Last sale price $202,000

Est. 366% increase in value since last sale

Current estimated payment $5,446/month

197 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Wooded Lot
  • Kitty Hawk Elementary School Rated 9+
  • Boat Dock
  • Cul-De-Sac

About This Lot

As of June 2019

Owner is a Licensed NC Real Estate Broker This is a wonderful lot with tremendous potential to be whatever you wish it to be. Private no traffic primary residence with easy walk to the beach. Or golf cart , or drive - It has a paring area at Ocean Blvd. 7 BR killer vacation rental. Build the pool in the east side of the lot - it would be incredibly private. Awesome second home that is easy to get to no matter what the traffic. I am including a survey in Associated docs. It shows the relative elevation difference- NOT THE EXACT FEET ABOVE MHW. It is an old survey and in NGVD 29. The surveyor did not change the elevations from the dump of relative field work info before printing the survey. Subtract 12' from all the numbers and you will be +- 1' accurate in NAVD 88. I have also included a concept house that will fit on the high ground and most certainly would provide great views.

Last Listed By

Bob Evans

Bob Evans, Broker License #91550 Listed on: 09/02/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,459

Year Built

  • 2020

Lot Details

  • 0.51 Acre Lot
  • Lot Dimensions are 54x175x225x167
  • Cul-De-Sac
  • Wooded Lot

HOA Fees

  • $5 Monthly HOA Fees

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • See Associate Docs Association
  • Ocean View Subdivision

Recreation

  • Boat Dock
  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,459

Year Built

2020

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: North on NC 12 to second left past Southern Shores Realty - Ocean View Loop, turn left or south at the TEE and lot is at end on cul-de-sac.
  • Flood Zone: X
  • Subdivision Name: Ocean View Subdivision
  • Headline: $, Location = Best Buy
  • L V T Date: 09/02/2018
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: R
  • Deed Book Pg Number: 0203
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2020

Exterior Features

  • Street Frontage: 54
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Boat Dock, Ocean Access, Sound Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 55
  • Hoa Contact: See associate docs

Lot Info

  • Estimated Lot Sq Ft: 22022
  • Lot Description: Cul-de-sac, Wooded
  • Lot Size: 54x175x225x167
  • Estimated Lot Size: 0.51
  • Deed Book: 1572
  • Unit/Lot Number: Lot 6

Tax Info

  • Year: 2018
  • Taxes: 1459.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2024
Sold by
Meiggs Sarah L H and Meiggs Nathaniel E
Bought by
One Obx Llc
Total Days on Market
197
Current Estimated Value
$941,665

Purchase Details

Listed on
Sep 2, 2018
Closed on
Jun 21, 2019
Sold by
Evans Robert L
Bought by
Meiggs Sarah H and Meiggs Nathaniel E
Seller's Agent
Bob Evans
Bob Evans, Broker
Buyer's Agent
Ray Meiggs
Twiddy and Co. - Duck
List Price
$224,900
Sold Price
$202,000
Premium/Discount to List
-$22,900
-10.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.85%
Original Mortgage
$412,337
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
One Obx Llc -- None Listed On Document
Meiggs Sarah H $202,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meiggs Nathaniel Edwin $250,000
Previous Owner Meiggs Sarah Louise Hackney $425,000
Previous Owner Meiggs Sarah H $412,337
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $202,000 -1.5% --
03/18/2019 03/18/19 Pending -- -- --
01/17/2019 01/17/19 Price Changed $205,000 -3.7% --
10/25/2018 10/25/18 Price Changed $212,900 -5.3% --
09/02/2018 09/02/18 For Sale $224,900 -- --
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 $2,040 $622,900 $204,000 $418,900
2023 $2,495 $639,656 $204,000 $435,656
2022 $4,070 $639,656 $204,000 $435,656
2021 $2,872 $451,300 $204,000 $247,300
2020 $1,459 $204,000 $204,000 $0
2019 $1,459 $211,500 $211,500 $0
2018 $1,459 $211,500 $211,500 $0
2017 $1,459 $211,500 $211,500 $0
2016 $1,375 $211,500 $211,500 $0
2014 $1,375 $211,500 $211,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101867

Outer Banks Association of REALTORS®

APN: 022819106