NOT LISTED FOR SALE

103 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $1,925,000 - $2,989,000

0.41 Acre
$5,989,460 Price per Acre
10,000 Sq Ft Lot

Last Sold July 31, 2017

Last sale price $130,000 $106 Per Sq Ft

Est. 1,803% increase in value since last sale

Current estimated payment $14,215/month

161 Days on Market

Highlights

  • Ocean Front
  • Kitty Hawk Elementary School Rated 9+
  • Level Lot

About This Lot

As of July 2017

A 50' X 200' BUILDABLE lot on Ocean Boulevard in Southern Shores!!! The tax records still show this lot as 1/2 of a duplex with taxes of $1488 per year (Included the structure). Right after January 2017, the building was demolished and now the original 100' X 200' lot (owned by 2 parties) was divided so that each party now owns a 50X100 lot. This lot was granted a variance from The Southern Shores Planning Board on June 19, 2017 in order for a 26' wide house could be built with 12' side setbacks. We can now represent that a home is definitely "buildable" on this lot.

Last Agent to Sell the Property

Sally Holt

Surfside Realty License #183933 Listed on: 02/03/2017

Surfside Realty

Last Buyer's Agent

Sally Holt

Surfside Realty License #183933 Listed on: 02/03/2017

Surfside Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,488

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Ocean Front
  • Level Lot
  • Cleared Lot

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Southern Shores Subdivision

Listing and Financial Details

  • Tax Block 21

Property Details

Property Type

Land

Est. Annual Taxes

$1,488

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Lot is just past the Chicahauk Trail overhead sign on Duck Road -- on left
  • Flood Zone: AE
  • Subdivision Name: Southern Shores
  • Headline: $80,000 Price Reduction!!!!
  • L V T Date: 02/03/2017
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0106
  • Office License Number: C21933
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 50
  • View: Ocean

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level, Cleared, Filled
  • Lot Faces: E
  • Lot Size: 50 X 200
  • Deed Book: 1355
  • Unit/Lot Number: Lot 103-B

Tax Info

  • Year: 2016
  • Taxes: 1488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2021
Sold by
103 Ocean Crest Way Llc
Bought by
Campbell John B and Campbell Julie M
Current Estimated Value
$2,473,647

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$707,481
Outstanding Balance
$642,516
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,831,131

Purchase Details

Listed on
Feb 3, 2017
Closed on
Jun 30, 2017
Sold by
Connell Donald L O and Connell Maureen E O
Bought by
103 Ocean Crest Way Llc
Seller's Agent
Sally Holt
Surfside Realty
Buyer's Agent
Sally Holt
Surfside Realty
List Price
$249,900
Sold Price
$130,000
Premium/Discount to List
-$119,900
-47.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
43.86%
Original Mortgage
$1,290,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 3, 2017
Closed on
Jun 13, 2017
Sold by
Layton Dwight J
Bought by
Oconnell Donald L and Oconnell Maureen E
Seller's Agent
Sally Holt
Surfside Realty
Buyer's Agent
Sally Holt
Surfside Realty
List Price
$249,900
Sold Price
$130,000
Premium/Discount to List
-$119,900
-47.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,290,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 17, 2009
Sold by
Layton Horace G and Layton Lucille M
Bought by
Layton Horace G and Horace G Layton Trust
Source: Public Records

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
Campbell John B $95,500 None Available
103 Ocean Crest Way Llc $130,000 None Available
Oconnell Donald L $1,290,000 None Available
Layton Horace G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campbell John B $707,481
Previous Owner 103 Ocean Crest Way Llc $1,290,000
Previous Owner Layton Horace G $312,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2017 07/31/17 Sold $130,000 -48.0% $106 / Sq Ft
07/14/2017 07/14/17 Pending -- -- --
02/03/2017 02/03/17 For Sale $249,900 -- $204 / 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 $10,097 $1,535,900 $1,166,200 $369,700
2023 $9,622 $1,550,688 $1,166,200 $384,488
2022 $9,622 $1,550,688 $1,166,200 $384,488
2021 $9,622 $1,550,688 $1,166,200 $384,488
2020 $9,256 $1,550,688 $1,166,200 $384,488
2019 $9,466 $1,338,200 $862,300 $475,900
2018 $9,466 $1,338,200 $862,300 $475,900
2017 $9,526 $1,372,800 $862,300 $510,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95066

Outer Banks Association of REALTORS®

APN: 010219034