NOT LISTED FOR SALE

117 E Sibbern Ave Kitty Hawk, NC 27949

Estimated Value: $350,000

2 Beds
1 Bath
725 Sq Ft
$483/Sq Ft Est. Value

Last Sold August 22, 2014

Last sale price $172,000 $237 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,970/month

83 Days on Market

Highlights

  • Ocean View
  • Corner Lot
  • Sun Deck
  • First Flight Middle School Rated A-
  • Bungalow
  • Wood Siding

About This Home

As of August 2014

What an amazing opportunity. 2 bungalows sitting on 2 lots just 4 blocks from the ocean with very close beach access. Build 2 new homes with great ocean views or keep renting the bungalows. They have always been rented since owners purchased (over 30 years ago) & tenants are willing to stay. Currently $700 a month each, includes utilities. Yes they need a handyman :). They are on a well, water taps can be purchased for $2947 each, 3/4 inch. Lot Size: Lot 8 6357 / Lot 9 6509.

Last Agent to Sell the Property

Joanne Kepler

Beach Realty & Construction- Corolla License #190335 Listed on: 04/29/2014

Last Buyer's Agent

Joanne Kepler

Beach Realty & Construction- Corolla License #190335 Listed on: 04/29/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $876

Year Built

  • Built in 1950

Lot Details

  • 0.3 Acre Lot
  • Corner Lot

Parking

  • Unpaved Parking

Home Design

  • Bungalow
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 725 Sq Ft Home
  • Ocean Views

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Sun Deck
  • Well

Community Details

  • W J Tate Subdivision

Listing and Financial Details

  • Legal Lot and Block s 8, 9 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$876

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Extras: Sun Deck
  • Flood Zone: AE
  • Subdivision Name: W J Tate
  • Headline: 2 Bungalows on 15,000sf lot
  • Heated Sq Ft: 725
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: RES
  • Deed Book Pg Number: 0841
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 1

Exterior Features

  • Construction: Wood
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Detached
  • Parking: Unpaved

Utilities

  • Oilgas Severed Pre Owner: No Representation
  • Water: Well

Lot Info

  • Estimated Lot Sq Ft: 12866
  • Lot Description: Corner
  • Lot Number: Lots 8, 9
  • Deed Book: 0254

Rental Info

  • Est Annual Rental Income: 16800
  • Estimated Rental Performance: 0.0977

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2013
  • Taxes: 876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2014
Closed on
Aug 22, 2014
Sold by
Barrier Island Realty Inc
Bought by
Watson Royal Parker and Watson Stephanie Lassiter
Seller's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
Buyer's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
List Price
$299,000
Sold Price
$172,000
Premium/Discount to List
-$127,000
-42.47%
Current Estimated Value
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,000
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
Watson Royal Parker $172,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2014 08/22/14 Sold $172,000 -42.5% $237 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
04/29/2014 04/29/14 For Sale $299,000 -- $412 / 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 $1,634 $300,800 $300,800 $0
2024 $1,176 $146,900 $146,900 $0
2023 $1,176 $146,900 $146,900 $0
2022 $1,176 $146,900 $146,900 $0
2021 $1,176 $146,900 $146,900 $0
2020 $1,176 $146,900 $146,900 $0
2019 $897 $96,400 $96,400 $0
2018 $1,115 $119,900 $96,400 $23,500
2017 $1,115 $119,900 $96,400 $23,500
2016 $1,067 $119,900 $96,400 $23,500
2014 $9 $120,000 $96,400 $23,600
Source: Public Records

Agents Affiliated with this Home

  • Joanne Kepler

    Seller's Agent in 2014

    Joanne Kepler

    Beach Realty & Construction- Corolla

    (252) 207-8420

    7 in this area

    58 Total Sales

    Joanne Kepler
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83451

Outer Banks Association of REALTORS®

APN: 018548000

North Carolina Dare County Kitty Hawk 27948

117 E Sibbern Ave, Kitty Hawk, NC

Not Listed for Sale

Detached

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