NOT LISTED FOR SALE

115 Ocean Bay Blvd Kitty Hawk, NC 27949

Estimated Value: $1,204,000 - $1,587,000

0.28 Acre
$5,185,661 Price per Acre
12,197 Sq Ft Lot

Last Sold July 20, 2021

Last sale price $260,000

Est. 458% increase in value since last sale

Current estimated payment $8,186/month

101 Days on Market

Highlights

  • Community Beach Access
  • First Flight Middle School Rated A-
  • Level Lot

About This Lot

As of July 2021

115 Ocean Bay Blvd, Duck-What an opportunity to own one of largest lots left to build on in Sound Sea Village. This 12,000sq ft corner lot for sale in Duck offers direct beach access only 5 lots away. We are talking about walking out your front door and taking a leisurely stroll to the beach minutes away. The sellers purchased the lot many years ago with the intention of building however life has changed and now someone else can build their dream beach house in Duck. The lot should offer a wide range of building options with a pool. Located approx. 2.5 miles to the town of Duck via a short drive or the bike/walking path giving you access to walk, run, bike to shops, restaurants, and water sports activities. Sound Sea Village offers you the opportunity to enjoy the Outer Banks lifestyle without the big HOA dues normally found in other Duck communities. The community is like the old Outer Banks with gravel roads and sand walkways up to the dunes. There are not many large building lots left in this area, so don't let this one slip away.

Last Agent to Sell the Property

Matt Huband

OBX Realty Group, LLC License #223529 Listed on: 03/04/2021

Last Buyer's Agent

Kathleen Marie Haskett

Kathleen Haskett Outer Banks Real Estate Broker License #257758

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,442

Lot Details

  • 0.28 Acre Lot
  • Property fronts a private road
  • Level Lot
  • Unpaved Streets

HOA Fees

  • $6 Monthly HOA Fees

Community Details

Overview

  • Association fees include road maintenance
  • Voluntary Association
  • Sound Sea Vill Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,442

Lot Details

0

HOA Fees

$6 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn off Duck Rd onto Ocean Bay Blvd lot on corner of Ocean Bay & Clay St
  • Flood Zone: X
  • Subdivision Name: Sound-Sea Village Second Plat
  • Headline: Corner Lot Direct Beach Access
  • L V T Date: 03/04/2021
  • Roads: Gravel, Private, Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0327
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C22431
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 75
  • Hoa Contact: Voluntary
  • HOA Contact: Voluntary
  • Fee Includes: Road Maintenance

Lot Info

  • Estimated Lot Sq Ft: 12000
  • Lot Description: Level
  • Estimated Lot Size: 0.28
  • Deed Book: 1940
  • Unit/Lot Number: Lot 31 pt 32

Tax Info

  • Year: 2020
  • Taxes: 1442

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2021
Closed on
Jul 21, 2021
Sold by
Koogle Gareth B and Koogle Lauren D
Bought by
Knotts Kevin R and Knotts Diane G
Seller's Agent
Matt Huband
OBX Realty Group, LLC
Buyer's Agent
Kathleen Marie Haskett
Kathleen Haskett Outer Banks Real Estate Broker
List Price
$285,000
Sold Price
$260,000
Premium/Discount to List
-$25,000
-8.77%
Current Estimated Value
$1,451,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,191,985
Avg. Annual Appreciation
46.31%

Purchase Details

Listed on
Jan 26, 2013
Closed on
Sep 6, 2013
Sold by
Riggs Walter L and Riggs Dianna W
Bought by
Koogle Gareth B and Koogle Lauren D
Seller's Agent
Lauren Rickard
Coldwell Banker Seaside Realty KH
Buyer's Agent
Matt Huband
OBX Realty Group, LLC
List Price
$169,000
Sold Price
$147,500
Premium/Discount to List
-$21,500
-12.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$110,625
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Knotts Kevin R $260,000 None Available
Knotts Kevin R $2,600 None Listed On Document
Koogle Gareth B $147,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Koogle Gareth B $110,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2021 07/20/21 Sold $260,000 -8.8% --
06/13/2021 06/13/21 Pending -- -- --
06/03/2021 06/03/21 For Sale $285,000 0.0% --
03/20/2021 03/20/21 Pending -- -- --
03/04/2021 03/04/21 For Sale $285,000 +93.2% --
09/09/2013 09/09/13 Sold $147,500 -12.7% -- View Prior Sale
07/05/2013 07/05/13 Pending -- -- --
01/26/2013 01/26/13 For Sale $169,000 -- --
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 $7,598 $1,452,800 $309,800 $1,143,000
2024 $6,739 $863,900 $198,500 $665,400
2023 $3,460 $564,500 $198,500 $366,000
2022 $1,489 $198,500 $198,500 $0
2021 $1,489 $198,500 $198,500 $0
2020 $1,442 $198,500 $198,500 $0
2019 $1,604 $190,300 $190,300 $0
2018 $1,604 $190,300 $190,300 $0
2017 $1,576 $190,300 $190,300 $0
2016 $1,500 $190,300 $190,300 $0
2014 $1,218 $190,300 $190,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113160

Outer Banks Association of REALTORS®

APN: 009329000