NOT LISTED FOR SALE

112 Baum Trail Kitty Hawk, NC 27949

Estimated Value: $4,489,000 - $6,065,000

7 Beds
6.5 Baths
6,284 Sq Ft
$863/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $5,691,480 $906 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $30,552/month

196 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Craftsman Architecture
  • Community Beach Access
  • Concrete Pool
  • Cathedral Ceiling

About This Home

As of October 2023

This beautiful Palmer’s Island oceanfront estate, the epitome of luxury, is just one of thirteen homes in a quiet neighborhood that spans one of the Outer Banks' most exclusive and private stretches of shoreline. Situated on a wide, elevated lot, the estate offers breathtaking panoramic views of the ocean and the sound. Each level's extensive decking provides plenty of space for enjoying the sunrise over the ocean and the spectacular Outer Banks sunsets that light up the sky over the sound. Built by one of the top builders in the area, the interior features an open floor plan, intelligently designed to take full advantage of exceptional sight lines, with abundant natural light made available through the many oversized windows. Common areas boast elaborate décor and top-quality furnishings, surrounded by exquisite shiplap walls and high ceilings, along with custom flooring. Other amenities include a central vacuum, security system, and even an enclosed area for storing/parking a boat. The grand foyer, dining room, gourmet kitchen, and main family room are impressive. Spacious and well-equipped, the kitchen offers not one, but two large islands, both with sinks, and high-end stainless appliances that feature two ovens, two dishwashers, a gourmet gas top stove, an ice machine, wine and beverage coolers, in addition to a large sub-zero refrigerator, and bar-top seating that flows seamlessly into a breakfast nook on one side and the dining and living areas on the other, making entertaining large groups a breeze. A beautiful screened porch off the dining area is the perfect spot to gaze upon the sound while taking in the amazing Outer Banks sunsets. An en-suite primary bedroom offers access to the sun deck and breathtaking views of the ocean, rounding out the top-floor living area. The en-suite bathroom features a steam shower and a distinctive whirlpool tub where you can unwind while soaking in yet another spectacular view of the sound. Most bedrooms are situated on the mid-level, accessible by elevator or stairs, each spacious and offering impressive water views and access to the home’s extensive decking. Three of the mid-floor bedrooms have en-suite bathrooms, and the other two have private half-bathrooms and share a shower and tub. Yet another room on this level currently has two twin beds but could instead provide a great office or gym. The mid-level also includes a large den with a wet bar, complete with a beverage refrigerator and ice maker, as well as a TV and a large couch for lounging and watching movies or a big game. Like the bedrooms, the den also has access to the covered deck, where you can take in the salt air, listen to the waves on the beach, and relax in a shaded hammock or swing. The last bedroom is found on the first level. Spacious, quiet, and comfortable, there is a full bathroom attached. An oversized two car garage and four exterior storage sheds offer an abundance of options for storing all of your beach gear and toys, and a sizable stamped concrete driveway offers plenty of room for parking. Also on the ground level is an expansive patio area, offering a grill and outside table adjacent to an oversized custom pool and six-person hot tub. Also adjacent to the patio is a breezeway that has two outdoor showers and that flows into a private boardwalk guiding you to the beach. Palmer's Island is a premier neighborhood in the northernmost part of Duck that offers unpopulated beaches, awe-inspiring views of the ocean and sound, private access to a sound side pier that is ideal for launching your kayak or paddleboard, and the option to pay for access to the Sanderling Community's tennis courts, clubhouse and gym. Don't miss the opportunity to join this private and quiet community, located in one of the most exclusive and desirable neighborhoods on the OBX. Please be sure to check out the virtual tour of this property by copy/paste into your browser: https://my.matterport.com/show/?m=vgJjSHSBJUk&mls=1

Last Agent to Sell the Property

Heather McLay

OBX Homes License #188982 Listed on: 01/14/2023

OBX Homes

Last Buyer's Agent

Heather McLay

OBX Homes License #188982 Listed on: 01/14/2023

OBX Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,500

Year Built

  • Built in 1999

Lot Details

  • Beach Front
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Property is zoned RS 2

HOA Fees

  • $375 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 6,284 Sq Ft Home
  • Elevator
  • Central Vacuum
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Screened Porch

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Tuck Under Parking
  • Garage Door Opener

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • Association fees include management
  • Seaside Management/ Diane Kern Association, Phone Number (252) 261-1200
  • Built by Stormont
  • Palmer's Island Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,500

Year Built

Built in 1999

Lot Details

0.78 Acres

HOA Fees

$375 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Craftsman, Coastal
  • Directions: Heading north on Duck Rd from Duck. Turn right onto Baum Trl and go right again onto S Baum Trl. The house will be on the left.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Central Vacuum, Covered Decks, Elevator, Garage Door Opener, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Screened Porch, Security System, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Headline: Exclusive Oceanfront Estate
  • Heated Sq Ft: 6284
  • L V T Date: 01/14/2023
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RS 2
  • Advertised Income 2020: 235872
  • Advertised Income 2021: 231930
  • Advertised Income 2022: 230100
  • Deed Book Pg Number: 0099
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C20671
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Washer, 2nd Dishwasher, Wine Cooler
  • Bedrooms: 7
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Some Windows Treated, Washer Connection
  • Optional Rooms: Breakfast Nook
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Stormont
  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Custom, Private Pool
  • Roof: Wood Shingles
  • View: Ocean, Sound

Garage/Parking

  • Garage: Attached, 2 Car, Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Ocean Access, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 4500
  • Hoa Contact: Seaside Management/ Diane Kern
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Number: Lot 7
  • Deed Book: 2235

Rental Info

  • Est Annual Rental Income: 362794
  • Estimated Rental Performance: 0.0637
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Sheer Bliss
  • Rental Cottage Number: B984
  • Rental Phone Number: 252-457-1100
  • Rental Turnover Day: Sunday
  • Rental Contact Email: owner@twiddy.com
  • Rental Contact Name: Alison Robertson
  • Rental Contact Phone: 252-457-1100

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2022
  • Taxes: 22500.32

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2023
Closed on
Oct 18, 2023
Sold by
Akr Holdings-Baum Trail Llc
Bought by
Pamela H Finlayson Revocable Trust and Finlayson
Seller's Agent
Heather McLay
OBX Homes
Buyer's Agent
Heather McLay
OBX Homes
List Price
$6,999,000
Sold Price
$5,691,480
Premium/Discount to List
-$1,307,520
-18.68%
Views
1538
Current Estimated Value
$5,423,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$268,406
Avg. Annual Appreciation
-2.09%
Original Mortgage
$2,950,000
Outstanding Balance
$2,875,298
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$2,547,776

Purchase Details

Closed on
Apr 20, 2018
Sold by
Renner Walter K and Renner Liza W
Bought by
Akr Holdings Baum Trl Llc

Purchase Details

Listed on
May 5, 2017
Closed on
Dec 7, 2017
Sold by
Kettler Charlotte R and Kettler Robert C
Bought by
Renner Walter K and Renner Liza W
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Daniel LaRue
Corolla Beach Realty
List Price
$3,990,000
Sold Price
$3,250,000
Premium/Discount to List
-$740,000
-18.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%
Original Mortgage
$2,437,500
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 3, 2008
Sold by
Kettler Robert C and Kettler Charlotte R
Bought by
Kettler Charlotte R

Purchase Details

Closed on
Jul 24, 2007
Sold by
Stepanian Leon K and Stepanian Linda R
Bought by
Kettler Robert C and Kettler Charlotte R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Pamela H Finlayson Revocable Trust $34,148,900 None Listed On Document
Akr Holdings Baum Trl Llc -- --
Renner Walter K $3,250,000 None Available
Kettler Charlotte R -- None Available
Kettler Robert C $4,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pamela H Finlayson Revocable Trust $2,950,000
Previous Owner Renner Walter K $2,437,500
Previous Owner Kettler Robert C $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $5,691,480 -5.1% $906 / Sq Ft
07/29/2023 07/29/23 Pending -- -- --
07/13/2023 07/13/23 Price Changed $5,999,000 -4.0% $955 / Sq Ft
05/16/2023 05/16/23 Price Changed $6,249,000 -3.8% $994 / Sq Ft
03/21/2023 03/21/23 Price Changed $6,499,000 -7.1% $1,034 / Sq Ft
01/14/2023 01/14/23 For Sale $6,999,000 +115.4% $1,114 / Sq Ft
12/12/2017 12/12/17 Sold $3,250,000 +8.7% $518 / Sq Ft View Prior Sale
11/19/2017 11/19/17 Pending -- -- --
11/10/2017 11/10/17 Price Changed $2,990,000 -25.1% $476 / Sq Ft
05/05/2017 05/05/17 For Sale $3,990,000 -- $636 / 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 $26,884 $5,957,100 $3,055,500 $2,901,600
2024 $23,588 $3,554,000 $1,750,000 $1,804,000
2023 $22,500 $3,626,160 $1,750,000 $1,876,160
2022 $22,500 $3,626,160 $1,750,000 $1,876,160
2021 $22,053 $3,554,000 $1,750,000 $1,804,000
2020 $21,214 $3,554,000 $1,750,000 $1,804,000
2019 $18,566 $2,671,300 $1,507,000 $1,164,300
2018 $18,566 $2,671,300 $1,507,000 $1,164,300
2017 $18,165 $2,671,300 $1,507,000 $1,164,300
2016 $17,096 $2,671,300 $1,507,000 $1,164,300
2014 $17,096 $2,671,300 $1,507,000 $1,164,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121169

Outer Banks Association of REALTORS®

APN: 028812007

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