NOT LISTED FOR SALE

1024 Martins Point Rd Kitty Hawk, NC 27949

Estimated Value: $1,502,266 - $1,662,000

4 Beds
3.5 Baths
4,161 Sq Ft
$381/Sq Ft Est. Value

Sale Details

Date Sold: June 6, 2023

Last sale price $1,395,000 $335 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,161 / mo

393 Days on Market

Highlights

  • Views of a Sound
  • Community Boat Dock
  • Gated Community
  • First Flight Middle School Rated A-
  • Home fronts a sound
  • Second Refrigerator

About This Home

As of June 2023

MAJOR PRICE REDUCTION!!! With 150' of bulkheaded Currituck Sound frontage and 1.68 total acres, this updated and well appointed private estate has it all! The 4 bedroom and 3 1/2 bath coastal low country style home offers rich Brazilian cherry wood flooring and exquisite woodwork. The living area sports a handsome gas/wood burning fireplace with granite hearth and surround. The cathedral ceiling adds to the dramatic view of the sound and the setting sun. A spacious dining room is off the kitchen. Granite topped eating bar and prep area with bar sink top off this custom kitchen which leads out to a large screened porch. Again, great views of the Sound from almost every room. This home invites you to enjoy the sweeping waterfront views with a brick paver path to the pergola and stone fireplace. Beautifully landscaped with both natural and manicured areas. Side yard fenced enclosure is ready for your pets. An oversized 3 car attached garage along with a separate rv/boat garage with a 14' garage door should hold most anyone's toys! There is lots more to experience on this property, come see this one of a kind today!

Last Agent to Sell the Property

David Watson

Southern Shores Realty License #29736 Listed on: 03/02/2022

Co-Listed By

Carol Mercer

Southern Shores Realty License #237920

Last Buyer's Agent

Lauren Rickard

Coldwell Banker Seaside Realty KH License #269694

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,726

Year Built

  • Built in 1997

Lot Details

  • 1.68 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Fenced Yard
  • Landscaped
  • Sprinkler System
  • Property is zoned MP-1

HOA Fees

  • $127 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Low Country Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,161 Sq Ft Home
  • Wet Bar
  • Central Vacuum
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Library
  • Workshop
  • Screened Porch
  • Utility Room
  • Views of a Sound
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Humidifier
  • Heat Pump System
  • Municipal Utilities District Water
  • Well
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 6PT of 7 / 1

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, road maintenance, security
  • Association Consultants Association, Phone Number (252) 500-0100
  • Martin's Point Subdivision

Recreation

  • Community Boat Dock

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,726

Year Built

Built in 1997

Lot Details

1.68 Acres

HOA Fees

$127 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Low Country, Coastal
  • Directions: At Martin's Point Gate, veer left onto Martin's Point Road. House is on the left.
  • Extras: Ceiling Fan(s), Central Vacuum, Curbs, Covered Decks, Fenced Yard, Garage Door Opener, Humidifier, Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Screened Porch, Security System, Smoke Detector(s), Storage Shed, Storm Doors, Sun Deck, Inside Laundry Room
  • Flood Zone: AE, X, Shaded X
  • Headline: Private Martin's Point Estate!
  • Heated Sq Ft: 4161
  • L V T Date: 03/02/2022
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Soundfront
  • Zoning: MP-1
  • Deed Book Pg Number: 0375
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10210
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: 9' Ceilings, All Window Treatments, Attic, Beamed Ceiling(s), Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar, Wood Fireplace, 1st Flr Ensuite
  • Optional Rooms: Breakfast Nook, Foyer, Library/Study, Pantry, Utility Room, Workshop
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Attached, Detached, 3 + Car
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Security
  • Association Amenities: Boat Ramp, Boat Dock, Gated Community, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1523
  • Hoa Contact: Association Consultants
  • HOA Contact: 252-500-0100
  • Home Owner Dwelling Insurance: 2300

Lot Info

  • Estimated Lot Sq Ft: 73000
  • Lot Description: Bulkheaded, Water Frontage
  • Lot Number: Lot 6PT of 7
  • Estimated Lot Size: 1.68
  • Deed Book: 1018

Rental Info

  • Flood Expenses: 700

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2022
  • Taxes: 5726.41

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Jun 6, 2023
Sold by
Horne Andrew Fullen and Horne Karen Rahn
Bought by
Regan Trust
Seller's Agent
David Watson
Southern Shores Realty
Buyer's Agent
Lauren Rickard
Coldwell Banker Seaside Realty KH
List Price
$1,950,000
Sold Price
$1,395,000
Premium/Discount to List
-$555,000
-28.46%
Views
172
Current Estimated Value
$1,586,422

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,422
Avg. Annual Appreciation
4.63%
Original Mortgage
$600,000
Outstanding Balance
$583,316
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$1,003,106
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Regan Trust $8,370,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Regan Trust $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2023 06/06/23 Sold $1,395,000 0.0% $335 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
03/17/2023 03/17/23 Price Changed $1,395,000 -6.1% $335 / Sq Ft
01/19/2023 01/19/23 Price Changed $1,485,500 -4.2% $357 / Sq Ft
11/16/2022 11/16/22 Price Changed $1,550,000 -6.1% $373 / Sq Ft
09/14/2022 09/14/22 Price Changed $1,650,000 -8.1% $397 / Sq Ft
05/29/2022 05/29/22 Price Changed $1,795,000 -2.9% $431 / Sq Ft
05/03/2022 05/03/22 Price Changed $1,849,000 -5.2% $444 / Sq Ft
03/02/2022 03/02/22 For Sale $1,950,000 -- $469 / 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 $5,888 $1,501,700 $446,100 $1,055,600
2024 $5,663 $1,006,200 $422,000 $584,200
2023 $5,624 $1,006,200 $422,000 $584,200
2022 $5,708 $1,039,884 $422,000 $617,884
2021 $5,604 $1,039,884 $422,000 $617,884
2020 $5,595 $1,040,926 $422,000 $618,926
2019 $6,677 $1,032,700 $439,900 $592,800
2018 $6,661 $1,032,700 $439,900 $592,800
2017 $6,547 $1,032,700 $439,900 $592,800
2016 $6,023 $1,032,700 $439,900 $592,800
2014 $5,983 $1,024,700 $439,900 $584,800
Source: Public Records

Agents Affiliated with this Home

  • David Watson

    Seller's Agent in 2023

    David Watson

    Southern Shores Realty

    (252) 473-7990

    31 Total Sales

    David Watson
    Section Image
  • Carol Mercer

    Seller Co-Listing Agent in 2023

    Carol Mercer

    Southern Shores Realty

    (252) 996-0030

    5 Total Sales

    Carol Mercer
    Section Image
  • Lauren Rickard

    Buyer's Agent in 2023

    Lauren Rickard

    Coldwell Banker Seaside Realty KH

    (252) 202-3519

    45 Total Sales

    Lauren Rickard
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117819

Outer Banks Association of REALTORS®

APN: 028309006

North Carolina Dare County Kitty Hawk 27949

1024 Martins Point Rd, Kitty Hawk, NC

Not Listed for Sale

Detached

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