NOT LISTED FOR SALE

121 Spindrift Ln Kitty Hawk, NC 27949

Estimated Value: $1,158,000 - $3,422,000

4 Beds
2 Baths
1,500 Sq Ft
$1,494/Sq Ft Est. Value

Last Sold October 13, 2021

Last sale price $1,474,000 $983 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $13,061/month

10 Days on Market

Highlights

  • Ocean Front
  • Contemporary Architecture
  • Granite Countertops
  • First Flight Middle School Rated A-
  • Furnished
  • Screened Porch

About This Home

As of October 2021

Classic OCEANFRONT cottage in Duck!! Situated on 1 1/2 lots; 121 FT WIDE; OUTSTANDING OPPORTUNITY!! This charming home has been lovingly maintained throughout the years by the original owner/builder. Built in 1978; this house has the distinction of being the first house built in the Sea Ridge / Osprey subdivision! This home is only steps from the ocean with an open concept living room, dining and lovely remodeled kitchen w/granite counters & quality cabinets!! Two large bedrooms with full bath on main level; upstairs features 2 additional bedrooms with a 2nd full bath! Enjoy stunning ocean views from the wrap around porch or relax in the shade in the screened-in porch! Enjoy the cozy wood fireplace on cool evenings! NEW roof in August 2020, NEW HVAC and upgraded ducts in 2017, NEW Dryer 2020! Enclosed 1- car garage for all your storage needs with interior stairs. The owner's have limited the rental weeks & use prime weeks. Much more potential... This Gem is a must see!! Saturday turnover.

Last Agent to Sell the Property

Carol Perry

Sun Realty - KDH License #204144 Listed on: 06/25/2021

Last Buyer's Agent

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,038

Year Built

  • Built in 1978

Lot Details

  • 0.47 Acre Lot
  • Ocean Front

HOA Fees

  • $46 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,500 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Screened Porch
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Dianne Denney Association, Phone Number (252) 481-4722
  • Sea Ridge Subdivision

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,038

Year Built

Built in 1978

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Turn west on Spyglass to end; take left; 121 on Right.
  • Extras: Outside Lighting, Outside Shower, Screened Porch, Sun Deck
  • Subdivision Name: Sea Ridge Section 1 Rev
  • Headline: Oceanfront - 1 1/2 LOTS
  • Heated Sq Ft: 1500
  • L V T Date: 06/25/2021
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 38190
  • Deed Book Pg Number: 0805
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Wood Fireplace
  • Optional Rooms: Utility Room

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 121
  • View: Ocean

Garage/Parking

  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 550
  • Hoa Contact: Dianne Denney
  • HOA Contact: 252-481-4722

Lot Info

  • Estimated Lot Sq Ft: 20500
  • Lot Number: Lot 3
  • Estimated Lot Size: 0.47
  • Deed Book: 2026

Rental Info

  • Flood Expenses: 2136
  • Lease Terms: Weekly
  • Other Insurance Expenses: 400
  • Rental Co: Sun Realty
  • Rental Cottage Name: Sandrift
  • Rental Cottage Number: 119
  • Rental Phone Number: 252-261-7911
  • Rental Turnover Day: Saturday
  • Annual Electric: 1177
  • Annual Water Expense: 311
  • Rental Contact Email: Janahorn@SunRealtync.com
  • Rental Contact Phone: 252-261-7911

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2020
  • Taxes: 10038.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2024
Sold by
Brainard Kimberly N
Bought by
Wean Nathaniel Lee and Tu-Wean Kim Lan
Current Estimated Value
$2,240,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,419,000
Outstanding Balance
$1,394,017
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$846,576

Purchase Details

Listed on
Jun 25, 2021
Closed on
Oct 4, 2021
Sold by
Hook Family Llc
Bought by
Brainard Kimberly N
Seller's Agent
Carol Perry
Sun Realty - KDH
Buyer's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
List Price
$1,399,000
Sold Price
$1,474,000
Premium/Discount to List
$75,000
5.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.35%
Original Mortgage
$1,179,200
Interest Rate
2.8%
Mortgage Type
New Conventional
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
Wean Nathaniel Lee $2,385,000 None Listed On Document
Brainard Kimberly N $1,474,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wean Nathaniel Lee $1,419,000
Previous Owner Brainard Kimberly N $1,179,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/13/2021 10/13/21 Sold $1,474,000 +5.4% $983 / Sq Ft
07/05/2021 07/05/21 Pending -- -- --
06/25/2021 06/25/21 For Sale $1,399,000 -- $933 / 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 $16,985 $2,355,200 $1,545,600 $809,600
2024 $11,426 $1,066,500 $924,000 $142,500
2023 $11,098 $1,072,200 $924,000 $148,200
2022 $10,273 $992,432 $924,000 $68,432
2021 $10,273 $992,432 $924,000 $68,432
2020 $10,038 $992,432 $924,000 $68,432
2019 $12,181 $1,045,800 $924,500 $121,300
2018 $12,181 $1,045,800 $924,500 $121,300
2017 $12,023 $1,045,800 $924,500 $121,300
2016 $11,602 $1,045,800 $924,500 $121,300
2014 $6,732 $1,045,800 $924,500 $121,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114982

Outer Banks Association of REALTORS®

APN: 009746000