NOT LISTED FOR SALE

111 Ocean Crest Way Duck, NC 27949

Estimated Value: $1,991,000 - $2,678,000

6 Beds
5.5 Baths
3,614 Sq Ft
$630/Sq Ft Est. Value

Last Sold November 02, 2023

Last sale price $2,300,000 $636 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,732/month

81 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Coastal Architecture
  • Kitty Hawk Elementary School Rated 9+
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of November 2023

Location WOW factor! This Duck ocean front is South of the pier with a mature, stable and massive protective dune. No beach nourishments have been needed for this section of the coastline. Located near and between the town of Duck and the "Avenues" of Rt 12, the location is ideal and highly sought after! The community will impress and so will the home! The cul-de-sac location adds to the privacy of the street only servicing this community. The ROI with approximately $240,000 rental income for 2023 is impressive and has more growth opportunity with your personal touches. Close quickly and reap the significant income remaining for this season (at time of Listing $111,700) for an immediate return on your investment! Beautifully landscaped with a huge oceanside pool, dune-top deck overlooking the beach and a hot tub makes for "choices, choices, choices," on where to relax next. Enjoy nature with your morning coffee watching dolphins, pelicans and even deer! When taking pictures, we saw a fawn and her mother in the dune thicket enjoying lunch and providing a little landscaping assistance (see pic #8). The mature dune and solid pool fence have prevented sand drifting into the pool area which is a on-going maintenance problem with some other homes. Expansive sun and covered decks with views, views views! Every bedroom exits to a deck or patio. The ocean views from inside the house are expansive. You must see this home to imagine all the possibilities.

Last Listed By

Joseph Staten

OBX Island Realty License #270090 Listed on: 07/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,758

Year Built

  • Built in 1996

Lot Details

  • 0.44 Acre Lot
  • Beach Front
  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped
  • Property is zoned RS-1

HOA Fees

  • $144 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 3,614 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 38

Community Details

Overview

  • Association fees include common insurance, management, pool, tennis courts
  • Seaside Management Association, Phone Number (252) 261-1200
  • Oceancrest Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,758

Year Built

Built in 1996

Lot Details

0

HOA Fees

$144 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: When traveling North on NC 12 Turn Right onto E. Charles Jenkins, At the end of the street turn left onto Ocean Crest Way. Home is on the Oceanfront on the cul-del-sac.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Dry Entry, Inside Laundry Room
  • Flood Zone: VE, AO
  • Headline: Amazing Ocean Views & ROI!
  • Heated Sq Ft: 3614
  • L V T Date: 07/24/2023
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RS-1
  • Advertised Income 2022: 210176
  • Deed Book Pg Number: 0335
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Luxury Vinyl Plank, Laminate
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Attic, Cathedral Ceiling(s), Cedar Closet(s), Gas Fireplace, Ensuite, Pantry, Walk in Closet
  • Optional Rooms: Game Room, Office
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Management, Pool, Tennis Courts
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 1731
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Estimated Lot Sq Ft: 19000
  • Lot Description: Beach Frontage, Cul-de-sac
  • Lot Number: Lot 38
  • Estimated Lot Size: 0.44
  • Deed Book: 2577

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Ocean Crest
  • Rental Cottage Number: 2151
  • Rental Turnover Day: Saturday
  • Rental Contact Email: mcopeland@seasiderealty.com
  • Rental Contact Name: Michelle Russell
  • Rental Contact Phone: (252) 261-5500

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2022
  • Taxes: 9758.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 3, 2024
Sold by
111 Ocean Crest Way Llc
Bought by
Kelm Quentin
Total Days on Market
81
Current Estimated Value
$2,275,158

Purchase Details

Listed on
Jul 24, 2023
Closed on
Oct 31, 2023
Sold by
Osti Joseph V
Bought by
111 Ocean Crest Way Llc
Seller's Agent
Joseph Staten
OBX Island Realty
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$2,599,000
Sold Price
$2,300,000
Premium/Discount to List
-$299,000
-11.5%
Views
513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.69%

Purchase Details

Listed on
Jun 14, 2013
Closed on
Dec 17, 2013
Sold by
Colonial Penniman Llc
Bought by
Osti Joseph
Seller's Agent
John Myers
Twiddy and Co. - Duck
Buyer's Agent
Janet Owen
Southern Shores Realty
List Price
$1,595,000
Sold Price
$1,370,000
Premium/Discount to List
-$225,000
-14.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%

Purchase Details

Closed on
Feb 9, 2007
Sold by
Fingleton James G
Bought by
Gass Jennifer S and Fingleton James G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$875,000
Interest Rate
6.17%
Mortgage Type
Farmers Home Administration

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
Kelm Quentin -- None Listed On Document
111 Ocean Crest Way Llc $13,800,000 None Listed On Document
Osti Joseph $1,370,000 Lt
Gass Jennifer S $1,706,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Colonial Penniman Llc $1,375,000
Previous Owner Colonial Penniman Llc $875,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2023 11/02/23 Sold $2,300,000 -8.0% $636 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/19/2023 09/19/23 Price Changed $2,499,000 -3.8% $691 / Sq Ft
07/24/2023 07/24/23 For Sale $2,599,000 +89.7% $719 / Sq Ft
12/19/2013 12/19/13 Sold $1,370,000 -14.1% $419 / Sq Ft
11/09/2013 11/09/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $1,595,000 -- $488 / 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 $10,239 $1,558,200 $1,198,100 $360,100
2023 $9,758 $1,572,604 $1,198,100 $374,504
2022 $9,758 $1,572,604 $1,198,100 $374,504
2021 $9,758 $1,572,604 $1,198,100 $374,504
2020 $9,387 $1,572,604 $1,198,100 $374,504
2019 $9,301 $1,316,800 $886,900 $429,900
2018 $9,316 $1,316,800 $886,900 $429,900
2017 $9,100 $1,316,800 $886,900 $429,900
2016 $8,565 $1,316,800 $886,900 $429,900
2014 $8,428 $1,316,800 $886,900 $429,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122893

Outer Banks Association of REALTORS®

APN: 010219038