Seller's Agent in 2021
Barry Breit
Carolina Designs Realty
(252) 202-1043
32 Total Sales
120 Scarborough Ln Kitty Hawk, NC 27949
Estimated Value: $1,756,014 - $1,890,000
8
Beds
8.5
Baths
4,550
Sq Ft
$405/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Tennis Courts
- Cathedral Ceiling
- Kitty Hawk Elementary School Rated 9+
- In Ground Pool
- Hydromassage or Jetted Bathtub
About This Home
As of September 2021This is an Awesome 8 bedroom 8.5 bath rental home with an ELEVATOR, large open living and dining area with a gourmet kitchen and a large breakfast bar and a huge master suite with a grand walk-in glass block shower on the top floor. This well maintained home has 7 master suites and a fourth floor loft with ocean views and a pool table. Outside there is a private pool, Hot tub and a volleyball court. THIS HOME REALLY PERFORMS WELL WITH THE RENTS OVER $100K IN INCOME FOR 2020 AND 2021! CHECK OUT THE CASH FLOW ANALYSIS IN THE ASSOCIATED DOCUMENTS! Located in the heart of Duck Village, in walking distance to some of the town's best shopping located at the entrance to this quiet neighborhood, and there are fine dining and casual eateries located throughout the town. A multipath meanders along the roadside so you can easily stroll or bike ride through the town center. The 11 acre town park has a sound side boardwalk and offers seasonal concerts, classes, movies, theater and more family friendly events. Don't miss this opportunity to own a beach home located in the heart of the walking village of Duck, NC!
Last Agent to Sell the Property
Carolina Designs Realty License #187143 Listed on: 02/13/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,548
Year Built
- Built in 2002
Lot Details
- 0.34 Acre Lot
- Cul-De-Sac
- Landscaped
HOA Fees
- $121 Monthly HOA Fees
Home Design
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Vinyl Construction Material
Interior Spaces
- 4,550 Sq Ft Home
- Elevator
- Wet Bar
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Entrance Foyer
- Loft
- Game Room
- Home Security System
Kitchen
- Built-In Oven
- Built-In Range
- Microwave
- Ice Maker
- Second Dishwasher
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Tennis Courts
- Covered Deck
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 57
Community Details
Overview
- Association fees include management, pool, tennis courts
- Seaside Management Association, Phone Number (252) 261-1200
- Seapines Subdivision
Recreation
- Community Beach Access
- Tennis Courts
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 13, 2021
Closed on
Sep 16, 2021
Sold by
Recht Steven M and Recht Geri C
Bought by
120 Scarborough Llc and 120 Scarborough Lane Llc
Seller's Agent
Barry Breit
Carolina Designs Realty
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$1,250,000
Sold Price
$1,175,000
Premium/Discount to List
-$75,000
-6%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$606,182
Avg. Annual Appreciation
12.27%
Original Mortgage
$940,000
Outstanding Balance
$863,445
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$979,560
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 120 Scarborough Llc | $1,175,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 120 Scarborough Llc | $940,000 | |
| Previous Owner | Recht Steven | $2,000,000 | |
| Previous Owner | Recey Steven M | $806,000 | |
| Previous Owner | Recht Steven M | $791,250 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/21/2021 09/21/21 | Sold | $1,175,000 | -1.7% | $258 / Sq Ft |
| 07/14/2021 07/14/21 | Pending | -- | -- | -- |
| 06/16/2021 06/16/21 | Price Changed | $1,195,000 | -4.4% | $263 / Sq Ft |
| 05/22/2021 05/22/21 | For Sale | $1,250,000 | 0.0% | $275 / Sq Ft |
| 05/22/2021 05/22/21 | Price Changed | $1,250,000 | +4.3% | $275 / Sq Ft |
| 04/20/2021 04/20/21 | Pending | -- | -- | -- |
| 04/12/2021 04/12/21 | For Sale | $1,199,000 | 0.0% | $264 / Sq Ft |
| 03/19/2021 03/19/21 | Pending | -- | -- | -- |
| 02/13/2021 02/13/21 | For Sale | $1,199,000 | -- | $264 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $7,158 | $1,063,400 | $222,900 | $840,500 |
| 2023 | $6,807 | $1,097,020 | $222,900 | $874,120 |
| 2022 | $6,807 | $1,097,020 | $222,900 | $874,120 |
| 2021 | $6,807 | $1,097,020 | $222,900 | $874,120 |
| 2020 | $6,548 | $1,097,020 | $222,900 | $874,120 |
| 2019 | $6,402 | $887,700 | $218,300 | $669,400 |
| 2018 | $6,425 | $887,700 | $218,300 | $669,400 |
| 2017 | $6,264 | $887,700 | $218,300 | $669,400 |
| 2016 | $5,895 | $887,700 | $218,300 | $669,400 |
| 2014 | $5,917 | $887,700 | $218,300 | $669,400 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
(252) 202-6702
141 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 112908
APN: 030145000
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