NOT LISTED FOR SALE

112 Mill Point Rd Kitty Hawk, NC 27949

Estimated Value: $2,578,000 - $3,403,000

5 Beds
4.5 Baths
5,020 Sq Ft
$581/Sq Ft Est. Value

Last Sold November 15, 2024

Last sale price $3,236,000 $645 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $16,360/month

120 Days on Market

Highlights

  • Views of a Sound
  • Boat Dock
  • Concrete Pool
  • First Flight Middle School Rated A-
  • Home fronts a sound
  • Gated Community

About This Home

As of November 2024

"Truly 'One of a kind', opportunities like this do not come around often. Absolutely one of the most sought-after pieces of property on the entire Outer Banks. Welcome to coastal living at its finest! Nestled in the charming, gated community of Martins Point, 112 Mill Point offers a serene retreat with breathtaking views and privacy. This meticulously maintained property boasts the perfect blend of modern comforts and classic Outer Banks charm. Step inside to discover a spacious and inviting interior flooded with natural light, highlighted by flawless black walnut hardwood floors and coastal-inspired décor. The open concept living area is perfect for entertaining, with a cozy fireplace providing warmth on cool evenings. The gourmet kitchen features top-of-the-line stainless steel appliances, top-shelf granite countertops, and ample cabinet space, making meal prep a breeze while the expansive water moves in the background. Relax and unwind in the luxurious master suite, overlooking the tranquil waters of the sound. Additional bedrooms offer plenty of space for family and guests, while the expansive deck provides the ideal spot for enjoying morning coffee or evening cocktails while taking in the panoramic views of the sunset over the water. Outside, the meticulously landscaped grounds offer a peaceful oasis, with lush foliage and mature trees providing privacy. Take a dip in the custom sparkling swimming pool or soak up the sun on the spacious patio, perfect for summertime barbecues and gatherings with loved ones. Located just minutes from the beach, this property offers easy access to a wealth of outdoor activities, including fishing, boating, and watersports. Explore the quaint shops and restaurants of downtown Kitty Hawk or take a short drive to nearby attractions such as the Wright Brothers National Memorial and Jockey's Ridge State Park. Don't miss your chance to own a piece of paradise on the Outer Banks. Schedule your showing of 112 Mill Point today and start living the coastal lifestyle you've always dreamed of!"

Last Agent to Sell the Property

Tim Lancsek

Surfside Realty Brokerage Email: tim@surfsideouterbanks.com License #210399 Listed on: 06/11/2024

Surfside Realty

Last Buyer's Agent

Kristine Bergin

Pirates Cove Realty License #302933

Pirates Cove Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,170

Year Built

  • Built in 2006

Lot Details

  • Home fronts a sound
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is zoned SFO

HOA Fees

  • $94 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Creek or Stream Views

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Ranch Style House
  • Slab Foundation
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 5,020 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Loft
  • Screened Porch

Kitchen

  • Oven or Range
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Parking Garage Space

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block lot 1 / 1

Community Details

Overview

  • Association fees include building maintenance, common electric, management, security
  • Association Consultants Llc Association, Phone Number (252) 500-0100
  • Martin's Point Subdivision

Recreation

  • Boat Dock

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,170

Year Built

Built in 2006

Lot Details

0

HOA Fees

$94 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch, Nags Head, Craftsman, Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Screened Porch, Security System, Smoke Detector(s), Generator Hookup
  • Flood Zone: AE
  • Subdivision Name: Martins Point
  • Heated Sq Ft: 5020
  • L V T Date: 06/11/2024
  • Price Per Sq Ft: 644.62
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: 5
  • Sold Price Per Sq Ft: 644.62
  • Waterfront Location: Soundfront
  • Zoning: SFO
  • Deed Book Pg Number: 0609
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C21933
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood, Hardwood
  • Foundation: Piling, Slab, Short Pilings
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Bay/Bow Window, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Pantry, Walk in Closet, Washer Connection
  • Optional Rooms: Foyer, Loft, Office, Pantry
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: 3 + Car
  • Parking: Parking Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Management, Security
  • Association Amenities: Boat Ramp, Gated Community, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1125
  • Hoa Contact: Association Consultants LLC
  • HOA Contact: Emily Davis 252-500-0100

Lot Info

  • Lot Description: Bulkheaded, Cul-de-sac, Level, Water Frontage
  • Lot Number: lot 1
  • Deed Book: 2070

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2024
  • Taxes: 11170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2024
Closed on
Nov 15, 2024
Sold by
Becker Scott E and Becker Scott T
Bought by
Sharon C Aldridge Revocable Trust and Jeffrey A Aldridge Revocable Trust
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Kristine Bergin
Pirates Cove Realty
List Price
$3,500,000
Sold Price
$3,236,000
Premium/Discount to List
-$264,000
-7.54%
Views
361
Current Estimated Value
$2,914,546

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$321,454
Avg. Annual Appreciation
-8.77%
Original Mortgage
$2,588,800
Outstanding Balance
$2,556,906
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$357,640

Purchase Details

Closed on
Jan 30, 2008
Sold by
Griggs & Co Homes Inc
Bought by
Barnett James E and Barnett Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2005
Sold by
Nogent Family Operating Company Lp
Bought by
Griggs & Co Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
5.54%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Sharon C Aldridge Revocable Trust $3,236,000 None Listed On Document
Barnett James E $725,000 None Available
Griggs & Co Homes Inc $725,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharon C Aldridge Revocable Trust $2,588,800
Previous Owner Barnett James E $2,000,000
Previous Owner Griggs & Co Homes Inc $1,500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2024 11/15/24 Sold $3,236,000 -7.5% $645 / Sq Ft
10/09/2024 10/09/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $3,500,000 0.0% $697 / Sq Ft
06/17/2024 06/17/24 Pending -- -- --
06/11/2024 06/11/24 For Sale $3,500,000 +105.9% $697 / Sq Ft
06/29/2015 06/29/15 Sold $1,700,000 -27.7% $339 / Sq Ft View Prior Sale
05/11/2015 05/11/15 Pending -- -- --
10/03/2012 10/03/12 For Sale $2,350,000 -- $468 / 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 $12,309 $3,139,200 $816,400 $2,322,800
2024 $8,437 $1,998,700 $422,700 $1,576,000
2023 $5,585 $1,998,700 $422,700 $1,576,000
2022 $10,971 $1,998,700 $422,700 $1,576,000
2021 $5,385 $1,998,700 $422,700 $1,576,000
2020 $10,743 $1,998,700 $422,700 $1,576,000
2019 $7,161 $1,145,900 $390,900 $755,000
2018 $7,229 $1,156,900 $390,900 $766,000
2017 $7,160 $1,156,900 $390,900 $766,000
2016 $6,697 $1,156,900 $390,900 $766,000
2014 $6,697 $1,156,900 $390,900 $766,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 125991

Outer Banks Association of REALTORS®

APN: 027757502