NOT LISTED FOR SALE

101 Settlers Ln Kitty Hawk, NC 27949

Estimated Value: $2,375,000 - $2,495,000

8 Beds
12 Baths
11,371 Sq Ft
$215/Sq Ft Est. Value

Last Sold June 21, 2013

Last sale price $875,000 $77 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $13,930/month

64 Days on Market

Highlights

  • Ocean View
  • Home Theater
  • Rooftop Deck
  • First Flight Middle School Rated A-
  • In Ground Pool
  • 37,900 Sq Ft lot

About This Home

As of June 2013

GREAT DEAL! Tax Value is just over $2,000,000. List price $979,000. This is the house that everyone knows about in DUCK and it can now be yours! The most unique home on the Outer Banks. Over 11,000 sq ft and lots and lots of decks. This home has every amenitiy you can think of. A large conference room, game room, 8 bedrooms, one of the most beautiful outdoor pool areas with lots of landscaping for privacy. Large Kitchen with quite a few eating areas. Elevator. Theater room. Large outdoor kitchen at the pool area. Incredible views from the top floor sundeck! Great Elevation!

Last Agent to Sell the Property

Kathleen Argiroff

Keller Williams - Outer Banks License #216690 Listed on: 02/26/2013

Keller Williams - Outer Banks

Last Buyer's Agent

Casey Barley

Default, Office License #273261

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,406

Year Built

  • Built in 1998

Lot Details

  • 0.87 Acre Lot
  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Irregular Lot
  • Sprinkler System

HOA Fees

  • $62 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Stone Exterior Construction
  • Piling Construction

Interior Spaces

  • 11,371 Sq Ft Home
  • Elevator
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Entrance Foyer
  • Home Theater
  • Library
  • Game Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Home Security

  • Intercom
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Bronwynn Thorton Association, Phone Number (252) 207-6303
  • Founders Ridge Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 6R

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,406

Year Built

Built in 1998

Lot Details

0.87 Acres

HOA Fees

$62 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Bank Owned: Yes
  • Directions: Duck Road, approx .5 miles before downtown Duck - turn L on Settlers Lane. 1st driveway on left.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Intercom, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Tiki Bar, Roof Top Deck
  • Flood Zone: X
  • Subdivision Name: Founders Ridge
  • Headline: GREAT DEAL!TaxValue $2,000,000
  • Heated Sq Ft: 11371
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Zoning: RES
  • Deed Book Pg Number: 0271
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Oven, Wall Oven
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood, Marble
  • Foundation: Piling, Slab
  • Full Bathrooms: 8
  • Interior Amenities: 9' Ceilings, Bay/Bow Window, Beamed Ceiling(s), Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Library/Study, Office, Pantry, Shipswatch, Home Theater, Conference Room
  • Partial Bathrooms: 4

Exterior Features

  • Exterior: Shakes, Stone, Wood
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 740
  • Hoa Contact: Bronwynn Thorton
  • HOA Contact: 252-207-6303

Lot Info

  • Estimated Lot Sq Ft: 37900
  • Lot Description: Corner, Irregular Terrain
  • Lot Faces: E
  • Lot Size: IRR
  • Lot Number: Lot 6R
  • Deed Book: 1899

Rental Info

  • Other Expenses: 198300

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2012
  • Taxes: 8406

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Hill Mary Rogers N and Hill William G
Bought by
Mayer David William and Mayer Paula Jeline
Current Estimated Value
$2,443,000

Purchase Details

Listed on
Feb 26, 2013
Closed on
May 30, 2013
Sold by
U S Bank Na
Bought by
Webb Curtis Wayne and Hiller Keith William
Seller's Agent
Kathleen Argiroff
Keller Williams - Outer Banks
Buyer's Agent
Casey Barley
Default, Office
List Price
$979,000
Sold Price
$875,000
Premium/Discount to List
-$104,000
-10.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$872,750
Interest Rate
3.42%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 1, 2012
Sold by
March Anthony W and March Lori P
Bought by
U S Bank National Association

Purchase Details

Closed on
Mar 7, 2008
Sold by
March Lori P
Bought by
March Anthony W
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mayer David William $1,020,000 None Listed On Document
Webb Curtis Wayne $875,000 None Available
U S Bank National Association $2,832,449 None Available
March Anthony W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Webb Curtis Wayne $872,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2013 06/21/13 Sold $875,000 -10.6% $77 / Sq Ft
05/01/2013 05/01/13 Pending -- -- --
02/26/2013 02/26/13 For Sale $979,000 -- $86 / Sq Ft
Source: Outer Banks Association of REALTORS®

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
2025 $12,217 $2,671,400 $399,700 $2,271,700
2024 $14,813 $2,196,100 $168,300 $2,027,800
2023 $8,795 $2,277,212 $168,300 $2,108,912
2022 $14,130 $2,277,212 $168,300 $2,108,912
2021 $14,180 $2,277,212 $168,300 $2,108,912
2020 $19,168 $3,211,340 $168,300 $3,043,040
2019 $12,733 $1,752,700 $166,300 $1,586,400
2018 $12,733 $1,752,700 $166,300 $1,586,400
2017 $12,458 $1,752,700 $166,300 $1,586,400
2016 $11,725 $1,752,700 $166,300 $1,586,400
2014 $11,725 $1,752,700 $166,300 $1,586,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78009

Outer Banks Association of REALTORS®

APN: 028800005

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