$900,000
SOLD JUN 10, 2020

123 Buffell Head Rd Kitty Hawk, NC 27949

4 Beds
4.5 Baths
3,375 Sq Ft
0.28 Acres

Recently Sold

$267 Per Sq Ft

4% Below List Price

179 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Cathedral Ceiling
  • Kitty Hawk Elementary School Rated 9+
  • Spa
  • Hydromassage or Jetted Bathtub

About This Home

As of August 2021

This classic oceanfront beach house is one of the most affordable homes in Duck, priced $67,700 under assessed value. This is a great investment property that is doing 13% ROI with the gross rental income. You won't find another home in Duck with these views at this price and with those returns. Enjoy ocean views from every part of the reverse floor plan open concept great room with a bar and separate wet bar. The kitchen comes equipped with stainless steel appliances and fully loaded with kitchenware to suit your renters. The master bedroom on the second floor is over-sized and has sweeping ocean views with a bathroom and sauna connected to it. The master also has a queen sleeper sofa on the northeast side of the room. The house is now set up as a 4 bedroom with a newly renovated rec room on the ground level. The septic is rated for 5 bedroom and that 5th bedroom would be an easy addition if you were to split the huge master in half and use the sauna as an entrance to the new bedroom. The other rooms on the main floor consist of two queen beds and a bunk room which is great for maximizing occupancy for the rental season. The heating and cooling system has been upgraded to a geo-thermal system which is not only environmentally friendly, but also very efficient. Schedule your appointment today to see this revamped and protected oceanfront gem.

Last Agent to Sell the Property

Matt Preston

Twiddy and Company - Corolla License #288634 Listed on: 10/26/2019

Last Buyer's Agent

Jason Mailand

OBX Life, LLC License #273429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,778

Year Built

  • Built in 1985

Lot Details

  • 0.28 Acre Lot
  • Beach Front

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 3,375 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

  • Central Air
  • Geothermal Heating and Cooling
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 12

Community Details

Overview

  • Carolina Dunes Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,778

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From NC-12, turn onto Canvasback Dr,turn left onto Buffell Head and house will be on the oceanfront.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Jet Tub, Outside Shower, Sun Deck
  • Flood Zone: VE
  • Headline: Rental Machine
  • Heated Sq Ft: 3375
  • L V T Date: 10/26/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0204
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central
  • Heating: Electric, Geo-Thermal
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 12000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 12
  • Estimated Lot Size: 0.28
  • Deed Book: 2025

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: My Michele
  • Rental Cottage Number: DU700
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2019
  • Taxes: 11778.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2021
Closed on
Aug 5, 2021
Sold by
Umana Jose and Umana Kristen
Bought by
Brannigan Robert F and Brannigan Tricia A
Seller's Agent
Charles Germscheid
OBX Life, LLC
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$1,375,000
Sold Price
$1,375,000
Current Estimated Value
$1,776,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,337
Avg. Annual Appreciation
7.36%
Original Mortgage
$1,100,000
Outstanding Balance
$1,005,983
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$819,453

Purchase Details

Listed on
Oct 26, 2019
Closed on
Jun 9, 2020
Sold by
Equale Michele T and Michele T Equale Revocable Tru
Bought by
Umana Jose and Umana Kristen
Seller's Agent
Matt Preston
Twiddy and Company - Corolla
Buyer's Agent
Jason Mailand
OBX Life, LLC
List Price
$935,000
Sold Price
$900,000
Premium/Discount to List
-$35,000
-3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.10%
Original Mortgage
$869,962
Interest Rate
3.2%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,375,000 Servicelink
Warranty Deed $900,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Previous Owner $869,962 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $1,375,000 0.0% $407 / Sq Ft
06/13/2021 06/13/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $1,375,000 0.0% $407 / Sq Ft
05/03/2021 05/03/21 Price Changed $1,375,000 +5.8% $407 / Sq Ft
04/10/2021 04/10/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $1,300,000 +44.4% $385 / Sq Ft
06/10/2020 06/10/20 Sold $900,000 -3.7% $267 / Sq Ft
04/22/2020 04/22/20 Pending -- -- --
12/13/2019 12/13/19 For Sale $935,000 +3.9% $277 / Sq Ft
10/29/2019 10/29/19 Off Market $900,000 -- --
10/26/2019 10/26/19 For Sale $935,000 -- $277 / 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 $10,890 $1,016,600 $884,000 $132,600
2023 $9,635 $930,800 $884,000 $46,800
2022 $9,635 $930,800 $884,000 $46,800
2021 $9,637 $930,800 $884,000 $46,800
2020 $9,415 $930,800 $884,000 $46,800
2019 $11,778 $1,002,700 $714,400 $288,300
2018 $11,778 $1,002,700 $714,400 $288,300
2017 $11,626 $1,002,700 $714,400 $288,300
2016 $11,219 $1,002,700 $714,400 $288,300
2014 $6,519 $1,002,700 $714,400 $288,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107090

Outer Banks Association of REALTORS®

APN: 009497000