NOT LISTED FOR SALE

1060 Martins Point Rd Kitty Hawk, NC 27949

Estimated Value: $978,710 - $1,101,000

3 Beds
3 Baths
2,300 Sq Ft
$449/Sq Ft Est. Value

Last Sold February 23, 2021

Last sale price $680,000 $296 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,846/month

7 Days on Market

Highlights

  • Private Dock
  • Views of a Sound
  • Gated Community
  • First Flight Middle School Rated A-
  • Home fronts a sound
  • Cottage

About This Home

As of February 2021

Fabulous Lot in Gated Community! Best Value in Martins Point! One of the original sound front homes, this lot is perched on high ground overlooking the Sound with unbelievable views! Massive lot size would accommodate considerable additional improvements or perhaps re-development! At the time this home was built, we were in the "cottage mode" and not building large expansive homes as are being done today. That being said, the extra large lot will accommodate so much more!!! Newer Roof and Extensive bulk heading done by the best bulkhead contractor on the beach.....Millstone Marine! The owners have had house guests occupy the residence for the past 2-3 years and are now leaving....Showings should begin starting after January 10th. House will be winterized. Adjacent homes are both in excess of $1 million so this is a rare opportunity to buy when other homes are selling for much higher levels. Good Potential for expansion and overall property enhancement! Clean canvas for the Creative Buyer!!!

Last Agent to Sell the Property

John Thompson

Windswept Properties, LLC License #187607 Listed on: 01/06/2021

Last Buyer's Agent

Debbie Shealey

Coldwell Banker Seaside Realty KH License #154489

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,256

Year Built

  • Built in 1984

Lot Details

  • 1.1 Acre Lot
  • Home fronts a sound
  • Property fronts a private road

HOA Fees

  • $81 Monthly HOA Fees

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 2,300 Sq Ft Home
  • Views of a Sound

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Private Dock

Utilities

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

Listing and Financial Details

  • Legal Lot and Block #15 / 1

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, road maintenance
  • Kelly Shields Association, Phone Number (252) 261-1200
  • Martin's Point Subdivision

Recreation

  • Boat Dock

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,256

Year Built

Built in 1984

Lot Details

0

HOA Fees

$81 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Cottage
  • Directions: Through Guard Gate and left on Martins Point Road. Follow north to home on left
  • Extras: Boat Dock
  • Headline: Waterfront Home on Huge Lot!!!
  • Heated Sq Ft: 2300
  • L V T Date: 01/06/2021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 0181
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C11923
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Foundation: Piling
  • Full Bathrooms: 3

Exterior Features

  • Construction: Frame
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance
  • Association Amenities: Boat Ramp, Boat Dock, Gated Community, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 975
  • Hoa Contact: Kelly Shields
  • HOA Contact: 252-261-1200

Lot Info

  • Estimated Lot Sq Ft: 48000
  • Lot Description: Bulkheaded, Water Frontage
  • Lot Number: Lot #15
  • Estimated Lot Size: 1.10
  • Deed Book: 2007

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2020
  • Taxes: 3256

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2021
Closed on
Jan 19, 2021
Sold by
Bowen Pal and Bowen Nobuko
Bought by
Elliott Elizabeth R and Elliott Wiliam R
Seller's Agent
John Thompson
Windswept Properties, LLC
Buyer's Agent
Debbie Shealey
Coldwell Banker Seaside Realty KH
List Price
$675,000
Sold Price
$680,000
Premium/Discount to List
$5,000
0.74%
Current Estimated Value
$1,033,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,678
Avg. Annual Appreciation
9.45%

Purchase Details

Closed on
Jan 8, 2007
Sold by
Dodge N P
Bought by
Bowen Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$405,800
Interest Rate
5.75%
Mortgage Type
Assumption

Purchase Details

Closed on
Oct 4, 2006
Sold by
Hess Timothy A and Hall Susan T
Bought by
Dodge N P
Source: Public Records

Range of Values:

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Average Value
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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
Elliott Elizabeth R $680,000 None Available
Bowen Paul $760,000 None Available
Dodge N P $838,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowen Paul $405,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2021 02/23/21 Sold $680,000 +0.7% $296 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/06/2021 01/06/21 For Sale $675,000 -- $293 / 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 $3,410 $605,900 $361,200 $244,700
2023 $3,386 $605,900 $361,200 $244,700
2022 $3,326 $605,900 $361,200 $244,700
2021 $3,265 $605,900 $361,200 $244,700
2020 $3,257 $605,900 $361,200 $244,700
2019 $3,478 $556,600 $377,600 $179,000
2018 $3,478 $556,600 $377,600 $179,000
2017 $3,445 $556,600 $377,600 $179,000
2016 $3,222 $556,600 $377,600 $179,000
2014 $3,222 $556,600 $377,600 $179,000
Source: Public Records

Agents Affiliated with this Home

  • John Thompson

    Seller's Agent in 2021

    John Thompson

    Windswept Properties, LLC

    (252) 441-1201

    7 Total Sales

    John Thompson
    Section Image
  • Debbie Shealey

    Buyer's Agent in 2021

    Debbie Shealey

    Coldwell Banker Seaside Realty KH

    (252) 202-2224

    62 Total Sales

    Debbie Shealey
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112331

Outer Banks Association of REALTORS®

APN: 028311015

North Carolina Dare County Kitty Hawk 27949

1060 Martins Point Rd, Kitty Hawk, NC

This home is located at 1060 Martins Point Rd, Kitty Hawk, NC 27949 since 06 January 2021 and is currently estimated at $1,033,678, approximately $449 per square foot. This property was built in 1984. 1060 Martins Point Rd is a home located in Dare County with nearby schools including Kitty Hawk Elementary School, First Flight Middle School, and First Flight High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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