NOT LISTED FOR SALE

118 Scarborough Ln Kitty Hawk, NC 27949

Estimated Value: $1,370,434 - $1,569,000

6 Beds
5.5 Baths
3,329 Sq Ft
$451/Sq Ft Est. Value

Last Sold August 17, 2020

Last sale price $863,000 $259 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $8,696/month

144 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Outdoor Pool
  • Kitty Hawk Elementary School Rated 9+
  • Home Theater
  • Second Refrigerator

About This Home

As of August 2020

A perfect location in Duck, you will love this beautiful home with all of the amenities. The elevator truly begins at ground level and goes all the way to the top! Speaking of the top, check out the ocean and sound views from the crow's nest! You and your guests will love the billiard table, den, upstairs loft area, views, basketball goal, volleyball court, pool, hot tub, as well as the association amenities! The tasteful furnishings are very pleasing and add to the overall appeal, comfortable and stylish. There are several nice areas for your family and friends to lounge, watch TV, read, play games, soak up the sun, and of course, relax around and in the pool and hot tub. Close to the Duck boardwalk with shopping and restaurants, both you and your guests will LOVE vacationing in this home...great proximity to both the ocean and sound!

Last Agent to Sell the Property

Myra Ladd-Bone

Joe Lamb, Realty License #99435 Listed on: 02/10/2020

Co-Listed By

Barbara Gudoski

Atlantic Realty License #104070

Last Buyer's Agent

Mark Pearson

Real Broker, LLC License #224976

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,941

Year Built

  • Built in 2004

Lot Details

  • 0.35 Acre Lot
  • Property fronts a private road
  • Fenced Yard
  • Landscaped
  • 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
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,329 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Home Theater
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 58

Community Details

Overview

  • Association fees include management, pool, road maintenance, tennis courts
  • Seapines Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,941

Year Built

Built in 2004

Lot Details

0

HOA Fees

$121 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: On Scarborough Lane, head up the hill and at top, take the first left into the cul de sac.
  • Extras: Beach Access, Covered Decks, Elevator, Fenced Yard, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Fantastic Rental Income!
  • Heated Sq Ft: 3329
  • L V T Date: 02/10/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Advertised Income 2020: 91494
  • Deed Book Pg Number: 0785
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C29710
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Wet Bar
  • Optional Rooms: Game Room, Office, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Vinyl
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool, Road Maintenance, Tennis Courts
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 1450

Lot Info

  • Estimated Lot Sq Ft: 15224
  • Lot Number: Lot 58
  • Estimated Lot Size: 0.35
  • Deed Book: 2167

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Berry Heavenly
  • Rental Cottage Number: 466
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Friday
  • Rental Contact Email: elaine.breiholz@carolinadesigns.com
  • Rental Contact Name: Elaine Breiholz
  • Rental Contact Phone: 252-261-3934

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2019
  • Taxes: 4941

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2020
Closed on
Jul 22, 2020
Sold by
550 Sand Llc
Bought by
Water Buffalo Llc
Seller's Agent
Myra Ladd-Bone
Joe Lamb, Realty
Buyer's Agent
Mark Pearson
Real Broker, LLC
List Price
$899,000
Sold Price
$863,000
Premium/Discount to List
-$36,000
-4%
Current Estimated Value
$1,502,609

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$639,609
Avg. Annual Appreciation
11.66%
Original Mortgage
$690,400
Outstanding Balance
$613,810
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$888,799

Purchase Details

Listed on
Jun 29, 2016
Closed on
May 2, 2017
Sold by
Vick Richard N and Vick Deborah V
Bought by
550 Sand Llc
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Myra Ladd-Bone
Joe Lamb, Realty
List Price
$925,000
Sold Price
$850,000
Premium/Discount to List
-$75,000
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.46%

Purchase Details

Closed on
Jun 15, 2009
Sold by
Seitz Mark and Seitz Margaret
Bought by
Vick Richard N and Vick Deborah

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
4.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2008
Sold by
Seitz Mark and Seitz Margaret
Bought by
Scarborough Land Trust

Purchase Details

Closed on
Nov 8, 2007
Sold by
Park Mike
Bought by
Seitz Mark J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 17, 2007
Sold by
Seitz Mark
Bought by
Park Mike
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
Water Buffalo Llc $863,000 None Available
550 Sand Llc -- None Available
Vick Richard N $870,000 None Available
Scarborough Land Trust -- None Available
Seitz Mark J -- None Available
Park Mike -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Water Buffalo Llc $690,400
Previous Owner Vick Richard N $460,000
Previous Owner Seitz Mark J $850,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2020 08/17/20 Sold $863,000 -1.7% $259 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
05/21/2020 05/21/20 Price Changed $877,500 -2.4% $264 / Sq Ft
02/10/2020 02/10/20 For Sale $899,000 +5.8% $270 / Sq Ft
05/08/2017 05/08/17 Sold $850,000 -8.1% $251 / Sq Ft
04/14/2017 04/14/17 Pending -- -- --
06/29/2016 06/29/16 For Sale $925,000 -- $273 / 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 $4,831 $722,600 $222,900 $499,700
2023 $4,608 $742,588 $222,900 $519,688
2022 $4,608 $742,588 $222,900 $519,688
2021 $4,608 $742,588 $222,900 $519,688
2020 $4,277 $716,484 $222,900 $493,584
2019 $4,925 $685,300 $218,300 $467,000
2018 $4,925 $685,300 $218,300 $467,000
2017 $4,819 $685,300 $218,300 $467,000
2016 $4,535 $685,300 $218,300 $467,000
2014 $4,535 $685,300 $218,300 $467,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108253

Outer Banks Association of REALTORS®

APN: 030146000