NOT LISTED FOR SALE

117 Royal Tern Ln Kitty Hawk, NC 27949

Estimated Value: $974,000 - $1,149,000

4 Beds
3.5 Baths
2,026 Sq Ft
$528/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $530,000 $262 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $6,261/month

277 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Home fronts a sound
  • Views of a Sound
  • Health Club
  • Spa

About This Home

As of December 2016

$60K in price reductions in less than a month! Owners have located another home and said SELL. This amazing price is only available for a short time in order to facilitate a quick sale so don't miss this chance! This pristine and comfortable Sanderling home should be at the top of your list! Well-built by OC Fulcher, this inviting home has been meticulously maintained and loved by the original owners. No details have been overlooked. Meme's Beach Home has had constant upgrades and improvements and boasts spectacular views from its soundfront location. The home has a reverse floorplan which maximizes its views and lives so much larger than its size because of its perfect design and layout. Wide hallways and a fantastic, open greatroom give the home a relaxed and warm feel with plenty of outdoor living space including wide decks and a great screened in porch overlooking the sound. Everything has been modernized from the tile in the bathrooms to the completely updated kitchen with new cabinets, flooring, lighting and appliances. Even the furniture has been replaced within the last few years. And upgrades weren't just on the inside: the owners have replaced the roof and HVAC and a new drain field was installed in 2013. Even the dock and pier have been replaced which includes round pilings to better withstand OBX storms. It is highly rated by repeat guests that return year after year. If you have a discerning client that wants a well-maintained, well-built home in perfect condition then you don't want to miss this home! Seller intends to perform a 1031 tax-deferred exchange pursuant to Section 1031 of the Internal Revenue Code. Buyer agrees to cooperate in such exchange at no cost or liability to Buyer.

Last Agent to Sell the Property

Laurie Battaglia

Coastal Outer Banks Realty License #271667 Listed on: 01/17/2016

Co-Listed By

David Gary

Default, Office License #284047

Last Buyer's Agent

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,657

Year Built

  • Built in 1993

Lot Details

  • 0.46 Acre Lot
  • Home fronts a sound
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Wooded Lot

HOA Fees

  • $86 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,026 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 140

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, tennis courts
  • Bryan Smith Association, Phone Number (252) 255-0214
  • Built by Fulcher Homes
  • Sanderling Subdivision

Recreation

  • Boat Dock
  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,657

Year Built

Built in 1993

Lot Details

0

HOA Fees

$86 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: Sanderling Phase 4A
  • Headline: Fantastic Price and Views!
  • Heated Sq Ft: 2026
  • L V T Date: 01/18/2016
  • Phase: 4A
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 0186
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Wood Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Fulcher Homes
  • Construction: Frame
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Carport
  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts
  • Association Amenities: Boat Ramp, Health Club, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 1030
  • Hoa Contact: Bryan Smith
  • HOA Contact: 252-255-0214
  • Home Owner Dwelling Insurance: 4626

Lot Info

  • Estimated Lot Sq Ft: 20220
  • Lot Description: Cul-de-sac, Level, Water Frontage, Wooded
  • Lot Number: Lot 140
  • Deed Book: 0842

Rental Info

  • Est Annual Rental Income: 50524
  • Estimated Rental Performance: 0.0953
  • Lease Terms: Weekly
  • Other Expenses: 360
  • Other Expenses2: 1500
  • Poolspa Expense: 1200
  • Rental Co: Brindley Beach Vacations
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2286
  • Annual Electric: 2006
  • Annual Water Expense: 373

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2015
  • Taxes: 3657.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2016
Closed on
Nov 23, 2016
Sold by
Sherrod John Philip and Sherrod Sydney S
Bought by
Braithwaite Daryl A and Shafer Willis L
Seller's Agent
Laurie Battaglia
Coastal Outer Banks Realty
Buyer's Agent
Lisa Strydom
Coldwell Banker Seaside Realty KH
List Price
$675,000
Sold Price
$530,000
Premium/Discount to List
-$145,000
-21.48%
Current Estimated Value
$1,069,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$539,806
Avg. Annual Appreciation
8.42%
Original Mortgage
$397,500
Interest Rate
3.57%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Braithwaite Daryl A $530,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Braithwaite Daryl A $384,500
Closed Braithwaite Daryl A $397,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $530,000 -21.5% $262 / Sq Ft
10/20/2016 10/20/16 Pending -- -- --
01/17/2016 01/17/16 For Sale $675,000 -- $333 / 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 $4,156 $627,800 $350,000 $277,800
2023 $3,964 $638,912 $350,000 $288,912
2022 $3,964 $638,912 $350,000 $288,912
2021 $3,964 $638,912 $350,000 $288,912
2020 $3,814 $638,912 $350,000 $288,912
2019 $3,971 $561,200 $357,000 $204,200
2018 $3,971 $561,200 $357,000 $204,200
2017 $3,886 $561,200 $357,000 $204,200
2016 $3,657 $561,200 $357,000 $204,200
2014 $3,657 $561,200 $357,000 $204,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90815

Outer Banks Association of REALTORS®

APN: 023105000