NOT LISTED FOR SALE

111 Settlers Ln Kitty Hawk, NC 27949

Estimated Value: $2,300,000 - $2,632,329

3 Beds
4.5 Baths
5,512 Sq Ft
$459/Sq Ft Est. Value

Last Sold January 20, 2015

Last sale price $1,375,000 $249 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $14,232/month

85 Days on Market

Highlights

  • Community Beach Access
  • Views of a Sound
  • Home Theater
  • First Flight Middle School Rated A-
  • Home fronts a sound
  • Spa

About This Home

As of January 2015

This is simply one of the most exquisite sound front estates on the Outer Banks! Located in the heart of Duck this magnificent home is nestled in a beautifully landscaped and well manicured 1.18 acre parcel with 150 linear feet of bulkhead overlooking the sound in an X flood zone. Magnificent views from nearly every room. The pinnacle of luxury, this property offers numerous custom features that will please the most discriminating buyer. This 5512 square foot estate boasts 3 Master Suites, 4.1 baths and the highest quality construction and amenities including: 1006 sq. ft. open decks, 554 sq. ft. covered decks, Anderson windows, ceiling fans, marble, terrazzo and tile baths, cathedral and tray ceilings. Custom kitchen with granite counter tops and wood flooring. the home has an elevator, jet tubs, cedar closets, exposed beams, extensive lighting, exterior hot tub and a security system. Upon entering the grand foyer, one will notice the finest interior features including: soaring ceilings, hand crafted moldings and mill-work, architectural details replicated from Monticello. Arched doorways, cypress trim and vintage hand selected heart pine flooring. The home also has a lite touch smart house system. Ocean access granted through the community of Georgetown Sands. Room for a pool. Additional bedroom may also be added and an additional full bath has been roughed behind the wall in the exercise room on the ground floor. WITH SEPTIC MODIFICATION HOUSE CAN BE A 6 BEDROOM DWELLING PER DARE COUNTY HEALTH DEPARTMENT

Last Agent to Sell the Property

Jane Ford

Ford Luxury Properties, LLC License #212824 Listed on: 06/13/2014

Last Buyer's Agent

Whitney Hawkins

Brindley Beach Vacations & Sales - Cor License #187617

Brindley Beach Vacations & Sales - Cor

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,594

Year Built

  • Built in 2003

Lot Details

  • 1.18 Acre Lot
  • Home fronts a sound
  • Property fronts a private road
  • Landscaped
  • Sprinkler System

HOA Fees

  • $63 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding

Interior Spaces

  • 5,512 Sq Ft Home
  • Elevator
  • Wet Bar
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Library
  • Game Room
  • Workshop
  • Sun or Florida Room
  • Utility Room
  • Views of a Sound
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Marble Countertops
  • Granite Countertops
  • Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Bathroom Rough-In
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Intercom
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Garage Door Opener

Outdoor Features

  • Spa
  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Heating System Mounted To A Wall or Window
  • Water Filtration System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 2B

Community Details

Overview

  • Association fees include common insurance, road maintenance
  • Founders Ridge Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,594

Year Built

Built in 2003

Lot Details

0

HOA Fees

$63 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal
  • Directions: Duck Road, west on Settlers Lane.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Garage Door Opener, Hot Tub, Intercom, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Security System, Smoke Detector(s), Sun Deck, Water Filter, Whirlpool/Spa
  • Flood Zone: X
  • Headline: Stunning Soundfront Estate!
  • Heated Sq Ft: 5512
  • Primary Residence: Yes
  • Roads: Private
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 0083
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Compactor, Countertop Range, Disposal, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 3
  • Countertops: Granite, Marble
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Wood, Marble, Hardwood
  • Foundation: Masonry
  • Full Bathrooms: 4
  • Interior Amenities: 9' Ceilings, Attic, Beamed Ceiling(s), Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Rough in Bath, Some Windows Treated, Walk in Closet, Washer Connection, Wet Bar, Wood Fireplace
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Library/Study, Office, Pantry, Sun/Florida Room, Utility Room, Workshop, Home Theater, Media Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: 2 Car, Attached
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Wall, Zoned
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Road Maintenance
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 750

Lot Info

  • Estimated Lot Sq Ft: 51513
  • Lot Description: Bulkheaded, Water Frontage
  • Lot Size: 51513
  • Lot Number: Lot 2B
  • Deed Book: 14E

Rental Info

  • Flood Expenses: 417
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2014
  • Taxes: 8594

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2020
Sold by
Miyamoto Lance and Miyamoto Donna A
Bought by
Miyamoto Lance and The Lance Miyamoto Trust
Current Estimated Value
$2,531,082

Purchase Details

Listed on
Jun 13, 2014
Closed on
Jan 8, 2015
Sold by
Thornton Bronwyn K
Bought by
Miyamoto Lance and Miyamoto Donna
Seller's Agent
Jane Ford
Ford Luxury Properties, LLC
Buyer's Agent
Whitney Hawkins
Brindley Beach Vacations & Sales - Cor
List Price
$1,895,000
Sold Price
$1,375,000
Premium/Discount to List
-$520,000
-27.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$687,500
Outstanding Balance
$236,807
Interest Rate
3.88%
Mortgage Type
New Conventional
Estimated Equity
$2,294,275

Purchase Details

Closed on
Oct 19, 2012
Sold by
Thoranton George A and Thornton Bronwyn K
Bought by
Thornton George A and Thornton Bronwyn K
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Miyamoto Lance -- None Available
Miyamoto Lance -- None Available
Thornton George A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miyamoto Lance $687,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2015 01/20/15 Sold $1,375,000 -27.4% $249 / Sq Ft
09/06/2014 09/06/14 Pending -- -- --
06/13/2014 06/13/14 For Sale $1,895,000 -- $344 / 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
2025 $11,205 $2,528,300 $1,161,900 $1,366,400
2024 $10,648 $1,636,900 $510,900 $1,126,000
2023 $6,556 $1,636,900 $510,900 $1,126,000
2022 $10,157 $1,636,900 $510,900 $1,126,000
2021 $10,157 $1,636,900 $510,900 $1,126,000
2020 $9,703 $1,625,500 $510,900 $1,114,600
2019 $9,634 $1,386,200 $477,200 $909,000
2018 $9,634 $1,386,200 $477,200 $909,000
2017 $9,426 $1,386,200 $477,200 $909,000
2016 $8,872 $1,386,200 $477,200 $909,000
2014 $8,595 $1,342,900 $477,200 $865,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84093

Outer Banks Association of REALTORS®

APN: 028800000