NOT LISTED FOR SALE

112 Ocean Crest Way Kitty Hawk, NC 27949

Estimated Value: $2,396,000 - $2,897,000

5 Beds
6 Baths
4,925 Sq Ft
$534/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $1,300,000 $264 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $15,555/month

178 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • In Ground Pool
  • Kitty Hawk Elementary School Rated 9+
  • Home Theater
  • Sauna

About This Home

As of June 2017

SPECTACULAR OCEANFRONT! "ELEVATOR" TO ALL LEVELS! * LOCATED IN MUCH SOUGHT AFTER OCEANCREST AND SITUATED IN THE HEART OF DUCK! THIS ELEGANT CUSTOM BUILT HOME OFFERS STUNNING VIEWS OF THE ATLANTIC OCEAN FROM THE SPACIOUS MAIN LIVING AREAS! HOME IS VERY WELL MAINTAINED W/ AMAZING FEATURES INCLUDING, BUT NOT LIMITED TO ... 3 MASTER SUITES, SAUNA & JETTED TUBS IN TWO OF THE MASTER BEDROOMS, 2 SIDED ELECTRIC FIREPLACES SEPARATING THE LIVING & DINING AREAS, SILESTONE COUNTERTOPS THROUGHOUT, GLASS TILE BACK SPLASH IN KITCHEN, FRENCH DOORS, VINYL CLAD RAILINGS * MOUNTED: 2 MARLINS, SAILFISH, AND TUNA! WET BAR, TV ROOM, SHIPS WATCH ROOM, RETRACTABLE MOVIE SCREEN IN SPACIOUS LIVING ROOM WITH SURROUND SOUND, FABULOUS KITCHEN W/ FLORIDA ROOM, DOUBLE DISHWASHERS AND REFRIGERATORS * SCREENED & PLEXI-GLASS SCREENED PORCH * SEE THE BILLIARDS GAME ROOM, WORK OUT ROOM W/ CUSTOM BUILT OAK HIDEAWAY BUNK, REAL POKER ROOM, AND A ... REAL LIFE LIKE "COCA-COLA 1950'S ERA DESIGNED DINER" SODA COUNTER OFFERING GUESTS BOOTHS AND A JUKE BOX AND OLD ROTARY DIAL STREET PAY PHONE! * AWESOME MOVIE THEATER WITH MOVIES SELECTION FOR GUESTS ... WITH A REAL BOX OFFICE DOOR AND TICKET BOOTH AND RED LIGHTING SO YOU CAN WALK INTO YOUR OWN THEATER EXPERIENCE! *** LOTS OF WALK IN CLOSETS, STORAGE ROOM, 2 WATER HEATERS, FOOT WASH AS YOU COME OFF BEACH, DURABLE METAL ROOF, PRIVATE BOARDWALK TO BEACH, LARGE DECKS, SUNKEN HOT TUB ON 2ND FLOOR DECK, COVERED DECKS * BUILT-IN ROLL DOWN HURRICANE SHUTTERS WITH INTERIOR CONNECTOR TO ROLL DOWN SHUTTERS SO YOU DONT HAVE TO GO OUTSIDE TO DO SO * PULL DOWN STAIR TO LARGE FLOORED ATTIC - GREAT FOR ADDITIONAL STORAGE ... & MORE! *** THE OCEANCREST COMMUNITY FEATURES TENNIS COURTS AND A LARGE COMMUNITY SWIMMING POOL FOR YOUR FAMILY AND GUESTS TO ENJOY! THIS IS A WONDERFUL AND BEAUTIFUL HOME NESTLED IN THE SOUTH END OF DUCK & SITUATED ON A FANTASTIC OCEANFRONT LAND PARCEL *** LARGE VEGETATED SAND DUNE *** SIDEWALK THROUGH SOUTHERN SHORES CONNECTS WITH DUCK & TRAVELS ALONG ENTIRE NC 12 (DUCK ROAD) FOR MILES - GREAT FOR BIKING OR RUNNING *** DON'T WANT TO MISS SHOPPING IN CLOSE-BY DUCK ... OR VISIT THE DUCK TOWN GREEN FOR THE ANNUAL OUTDOOR CONCERTS, OR THE NEWER SOUNDFRONT BOARDWALK! KITTY HAWK STORES ARE ALSO CLOSE BY - YOU CAN GET TO STARBUCKS IN MINUTES! CLOSE TO WRIGHT MEMORIAL BRIDGE - YOU CAN GET THERE THROUGH THE BACK ROADS *** THE OUTER BANKS IS FILLED WITH EXCITING THINGS TO DO AND SEE ... THE OCEAN, LIGHTHOUSES, WRIGHT BROTHERS MONUMENT, THE LOST COLONY, CAPE HATTERAS NATIONAL SEASHORE, CAROLINA BLUE SKIES, AMAZING SUNSETS & SO MUCH MORE. ARE YOU THINKING ABOUT LIVING THE DREAM? HOME IS OFFERED FULLY FURNSIHED AND IS READY FOR YOUR ENJOYMENT! *** HOME IS A GREAT WEEKLY VACATION RENTAL HOME – OVER $127,000 IN RENTAL INCOME ! *** WOULD ALSO BE A WONDERFUL SECOND HOME OR PERMANENT RESIDENCE! IF YOU ARE LOOKING FOR A HOME AT THE BEACH - YOU WILL WANT TO SEE THIS HOME! *** 2016 AND PRIOR YEARS HOME HAS BEEN HANDLED BY OWNER THROUGH VRBO ... 2014 OWNER NET RENTS $127,152, AND WITH OWNER USAGE AND WITH SOME WEEKS THAT COUDL BE RENTED BUT NOT AVAILABLE HISTORY SHOWS NET RENTS RANGING $ *** BEGINNING IN 2017 HOME WILL BE MANAGED BY OUTER BANKS BLUE RENTAL MANAGEMENT COMPANY *** SEPTIC SYSTEM REGULAR SERVICE (PUMPED) FEB 2016 BEAUTIFUL FURNISHINGS & DECOR, OCEANFRONT, WALK TO DOWNTOWN DUCK! AMAZING FEATURES, ELEVATOR TO ALL 3 LEVELS *** ((NOTE HOME IS NOT CONDUCIVE TO ADDING A POOL - BUT IT IS POSSIBLE. WILL REQUIRE REMOVING SECTIONS OF CONCRETE DRIVEWAY AND REPLACING WITH BRICK PAVERS FOR REDUCTION IN LOT COVERAGE - RESEARCH HAS BEEN COMPLETED ON THIS)) *** SELLER HAS PROVIDED A RUNNING HISTORY ON UPDATES TO HOME ... MOST RECENT COMPLETED 2017 - EAST EXTERIOR A PORTION OF SIDING HAS BEEN REPLACED AND SOME NEW WINDOWS INSTALLED, AND ICE MAKER BEING INSTALLED IN COCA-COLA GROUND LEVEL DINER *** YOU WILL LOVE THIS HOME ... THE PRIVACY, THE VIEWS, AND THE NEIGHBORHOOD *** YOU WONT WANT TO LEAVE! ... COME SEE!

Last Listed By

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 10/17/2016

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,609

Year Built

  • Built in 1994

Lot Details

  • 0.61 Acre Lot
  • Beach Front
  • 76 Feet of Waterfront
  • Cul-De-Sac
  • Level Lot

HOA Fees

  • $267 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Cottage
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Metal Roof
  • Piling Construction
  • Cement Board or Planked
  • Vinyl Construction Material

Interior Spaces

  • 4,925 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Sun or Florida Room
  • Sauna
  • Ocean Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Laminate Countertops
  • Compactor

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot # 39

Community Details

Overview

  • Association fees include common electric, common insurance, pool, tennis courts, walkways
  • Signature Touch Association
  • Oceancrest Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,609

Year Built

Built in 1994

Lot Details

0

HOA Fees

$267 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal, Cottage
  • Directions: East on Charles Jenkins Lane. Left on Oceancrest Way, Property in on right on Oceanfront.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Jet Tub, Outside Shower, Sauna, Security System, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Oceancrest
  • Headline: PANORAMIC VIEWS! HOME THEATER!
  • Heated Sq Ft: 4925
  • L V T Date: 10/17/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 432
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Compactor, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: MASTER, On Level: 2
  • Bedroom 2: MASTER, On Level: 2
  • Bedroom 3: MASTER, On Level: 1
  • Bedroom 4: NICE, On Level: 1
  • Bedroom 5: VIEWS!, On Level: 1
  • Kitchen: NICE!, On Level: 2
  • Countertops: Laminate, Silestone
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Attic, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar, Electric Fireplace
  • Dining Room: VIEWS!, On Level: 2
  • Game Room: NICE!, On Level: 1
  • Living Room: SPACIOUS, On Level: 2
  • Optional Room 2: THEATER, On Level: 1
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Sun/Florida Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl, Cement Fiber Board, Hurricane Shutters
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Metal
  • View: Ocean
  • Water Frontage: 76

Garage/Parking

  • Garage: 2 Car, Attached, Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Pool, Tennis Courts, Walkways
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 3204
  • Hoa Contact: Signature Touch
  • HOA Contact: 441-8857
  • Home Owner Dwelling Insurance: 12089

Lot Info

  • Estimated Lot Sq Ft: 26572
  • Lot Description: Beach Frontage, Cul-de-sac, Level, Water Frontage
  • Lot Faces: EAST
  • Lot Size: 26572 Square Feet
  • Lot Number: Lot# 39
  • Deed Book: 1927

Rental Info

  • Est Annual Rental Income: 104800
  • Estimated Rental Performance: 0.0806
  • Flood Expenses: 824
  • Lease Terms: Weekly
  • Other Expenses: 874600
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: The Duck House
  • Rental Cottage Number: OC4
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: SATURDAY
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2016
  • Taxes: 9609

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 6, 2023
Sold by
Hunt Thomas D and Hunt Nancy L
Bought by
2023 Nancy Hunt Revocable Trust
Total Days on Market
178
Current Estimated Value
$2,630,500

Purchase Details

Listed on
Oct 17, 2016
Closed on
Jun 9, 2017
Sold by
The Duck House Llc
Bought by
Hunt Thomas D and Hunt Nancy L
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Eddie Goodrich
Village Realty Holdings, LLC - NH
List Price
$1,644,500
Sold Price
$1,300,000
Premium/Discount to List
-$344,500
-20.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.70%

Purchase Details

Closed on
Apr 11, 2013
Sold by
Roy Patricia A
Bought by
The Duck House Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 12, 2013
Sold by
The Duck House Llc
Bought by
Roy Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 27, 2009
Sold by
Roy Raymond L and Roy Patricia
Bought by
The Duck House Llc

Range of Values:

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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
2023 Nancy Hunt Revocable Trust -- None Listed On Document
Hunt Thomas D $1,300,000 None Available
The Duck House Llc -- None Available
Roy Patricia A -- None Available
The Duck House Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Roy Patricia A $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2017 06/09/17 Sold $1,300,000 -20.9% $264 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $1,644,500 -- $334 / 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 $6,769 $2,046,600 $1,182,200 $864,400
2023 $8,197 $2,081,176 $1,182,200 $898,976
2022 $12,914 $2,081,176 $1,182,200 $898,976
2021 $12,914 $2,081,176 $1,182,200 $898,976
2020 $10,823 $2,081,176 $1,182,200 $898,976
2019 $10,823 $1,524,800 $874,600 $650,200
2018 $0 $1,507,400 $874,600 $632,800
2017 $10,234 $1,472,200 $874,600 $597,600
2016 $9,590 $1,468,700 $874,600 $594,100
2014 $9,590 $1,468,700 $874,600 $594,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 94059

Outer Banks Association of REALTORS®

APN: 010219039