NOT LISTED FOR SALE

116 Scarborough Ln Kitty Hawk, NC 27949

Estimated Value: $1,860,000 - $2,089,000

6 Beds
9 Baths
4,465 Sq Ft
$439/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $1,450,000 $325 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $11,411/month

4 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Concrete Pool
  • Kitty Hawk Elementary School Rated 9+
  • Home Theater
  • Sauna

About This Home

As of March 2021

With good views of both the ocean and the sound, this home is strategically located to offer the best Duck has to offer. Just a short distance to the ocean, some of the Outer Banks finest restaurants and shopping it would be difficult to find a better spot for a vacation rental or permanent home. The floor plan is perfect for large groups and entertaining. You'll be pleased with the quality materials, craftmanship, and attention to detail in this great home. Owners have treated Bella like a primary residence. It is in great condition! Very few finishes inside remain original including kitchen, flooring, bathrooms, appliances, window treatments and many furnishings. Exterior improvements to the property include siding, lighting, paint, landscaping, tavertine pool terrace, roof deck, sun terrace with spiral staircase and new driveway. Mechanical improvements include updated HVAC and hot water systems, new lighting and new audio visual equipment. This house is basically turn-key with over $141,000 in advertised rental income already on the books for 2021. Save time looking and updating and purchase this home!

Last Agent to Sell the Property

Jeff Scott

Scott Team Realty License #133929 Listed on: 02/18/2021

Co-Listed By

Sandy Martin

Scott Team Realty License #197949

Last Buyer's Agent

Caroline Basnight

Basnight Realty License #222115

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,807

Year Built

  • Built in 2006

Lot Details

  • 0.34 Acre Lot
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $121 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,465 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Library
  • Game Room
  • Utility Room
  • Stacked Washer and Dryer
  • Sauna
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Engineered Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Pool

  • Concrete Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

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 59

Community Details

Overview

  • 252 261 1200 Association
  • Built by Lane
  • Seapines Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,807

Year Built

Built in 2006

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Sauna, Smoke Detector(s), Sun Deck, Tiki Bar
  • Flood Zone: X
  • Subdivision Name: Seapines
  • Headline: Ocean and Sound Views!
  • Heated Sq Ft: 4465
  • L V T Date: 02/18/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: R
  • Advertised Income 2020: 141435
  • Advertised Income 2021: 141310
  • Deed Book Pg Number: 136
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C12366
  • 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, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 6
  • Bedroom 1: 19 X 13.5, On Level: 3
  • Bedroom 2: 11.5 X 11, On Level: 2
  • Bedroom 3: 11 X 11.5, On Level: 2
  • Bedroom 4: 14 X 13, On Level: 2
  • Bedroom 5: 11.5 X 12, On Level: 2
  • Bedroom 6: 13 X 11, On Level: Ground
  • Kitchen: 14 X 15, On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood, Engineered Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet
  • Dining Room: 13 X 14, On Level: 3
  • Game Room: 22.5 X 18, On Level: Ground
  • Living Room: 16 X 23, On Level: 3
  • Optional Room 2: 8 X 10, On Level: Ground
  • Optional Room 3: 12.5 X 20, On Level: Ground
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Library/Study, Utility Room, Home Theater
  • Partial Bathrooms: 2
  • Optional Room 1: 15 X 13, On Level: Ground

Exterior Features

  • Homebuilder: Lane
  • Construction: Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Concrete, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Septic Fee: 1005
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 1450
  • Hoa Contact: 252-261-1200
  • HOA Contact: Seaside Managment

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Corner, Level
  • Lot Faces: s
  • Lot Number: Lot 59
  • Estimated Lot Size: 0.34
  • Deed Book: 1956

Rental Info

  • Lease Terms: Weekly
  • Other Insurance Expenses: 10725
  • Poolspa Expense: 4413
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Bella
  • Rental Cottage Number: 608
  • Annual Electric: 5110
  • Annual Telephone Expense: 4041
  • Annual Water Expense: 2297

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2020
  • Taxes: 6807

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
Mar 15, 2021
Sold by
Jcb Duck Iv Llc
Bought by
Saltwater Therapy Llc
Seller's Agent
Jeff Scott
Scott Team Realty
Buyer's Agent
Caroline Basnight
Basnight Realty
List Price
$1,399,000
Sold Price
$1,450,000
Premium/Discount to List
$51,000
3.65%
Current Estimated Value
$1,958,616

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,616
Avg. Annual Appreciation
7.37%

Purchase Details

Listed on
Feb 29, 2012
Closed on
Apr 17, 2014
Sold by
Ulickas Walter J and Ulickas Teresa J
Bought by
Jcb Duck Iv Llc
Seller's Agent
Cindy Edwards
Century 21 Nachman Realty
Buyer's Agent
Linda Palombo
Default, Office
List Price
$1,239,000
Sold Price
$1,111,000
Premium/Discount to List
-$128,000
-10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.92%

Purchase Details

Closed on
Dec 14, 2010
Sold by
First Troy Spe Llc
Bought by
Ulickas Walter J and Ulickas Teresa J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2009
Sold by
116 Scarborough Lane Llc
Bought by
Luxury Outer Banks Homes Llc

Purchase Details

Closed on
Aug 18, 2005
Sold by
Lane William J
Bought by
116 Scarborough Lane Llc

Purchase Details

Closed on
Apr 1, 2005
Sold by
Dreamweaver Of Duck Llc
Bought by
Lane William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Saltwater Therapy Llc $1,450,000 None Available
Jcb Duck Iv Llc $1,111,000 None Available
Ulickas Walter J $1,000,000 None Available
Luxury Outer Banks Homes Llc -- None Available
116 Scarborough Lane Llc -- None Available
Lane William J $510,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saltwater Therapy Llc $1,087,500
Previous Owner Ulickas Walter J $460,000
Previous Owner 116 Scarborough Lane Llc $1,600,000
Previous Owner Lane William J $433,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2021 03/15/21 Sold $1,450,000 +3.6% $325 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/18/2021 02/18/21 For Sale $1,399,000 +25.9% $313 / Sq Ft
04/17/2014 04/17/14 Sold $1,111,000 -10.3% $239 / Sq Ft
01/20/2014 01/20/14 Pending -- -- --
02/29/2012 02/29/12 For Sale $1,239,000 -- $267 / 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 $7,418 $1,105,100 $222,900 $882,200
2023 $7,076 $1,140,388 $222,900 $917,488
2022 $7,076 $1,140,388 $222,900 $917,488
2021 $7,076 $1,140,388 $222,900 $917,488
2020 $6,807 $1,140,388 $222,900 $917,488
2019 $7,875 $1,089,500 $218,300 $871,200
2018 $7,875 $1,089,500 $218,300 $871,200
2017 $7,705 $1,089,500 $218,300 $871,200
2016 $7,252 $1,089,500 $218,300 $871,200
2014 $7,203 $1,082,300 $218,300 $864,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112953

Outer Banks Association of REALTORS®

APN: 030147000