Estimated Value: $2,668,000 - $5,565,000
5
Beds
3.5
Baths
2,715
Sq Ft
$1,557/Sq Ft
Est. Value
Highlights
- Beach Front
- Community Beach Access
- Cabana
- Kitty Hawk Elementary School Rated 9+
- Ocean View
- Rooftop Deck
About This Home
As of September 2014"Infinity Phase" offers a rare opportunity to own over an acre of oceanfront land in the heart of Duck! In fact, this is the largest single lot in the heart of Duck! It has been blessed (and continues to be blessed) with accretion (growth of the dune) so the size of this lot has actually grown Eastward by over 4000 square feet in 20 years yielding and exceedingly rare safety net and value beyond measure! This property can accommodate an 8 bedroom home and pool once existing house is removed, or additional structures can be added to the lot to double existing bedroom count if existing home were to remain. Located just 2 lots away from the Army Corp Research Pier, the wide open and isolated beaches are yours for maximum privacy and enjoyment (And for surfers, perfectly formed waves abound by the pier!) It just doesn't get any better than this for a perfect stretch of beach! All the while the town of Duck is just a short walk away! Existing elevator shaft already in place. There are 2 laundry centers and 4 outdoor showers. There are 2 outdoor storage areas and several owner lock up closets inside the home. Rental income reflects annual owner use between Spring and Fall of over 10 weeks time. Newly placed CAMA-line markers indicate that a current survey would show the property now totals over 44,000 sq. feet. 30% lot coverage is allowed. Price per square foot is less than $33 for over an acre on Duck's oceanfront! WOW! NOTE: This is currently an existing home. Additional pictures shown are of a similar home. Price of $2,498,000 is for new construction lot/home package to be built by SAGA Construction. Investment analysis, specification sheet and similar rental numbers are available. Taxes shown are for existing home only. Buyer is to carry construction loan. Offer to Purchase and Contract is subject to any and all additional terms stated in the construction contract signed between buyers and the builder. Owner's possession is at the Certificate of Occupancy. See ASSOCIATED DOCUMENTS for floor plans and additional information. Builder has similar homes they can walk your clients through. Additional Virtual Tours available upon request. Virtual tour shown here is of a similar home.
Last Agent to Sell the Property
Landmark Sotheby's International Realty License #188982 Listed on: 04/07/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,265
Year Built
- Built in 1986
Lot Details
- Beach Front
- 81 Feet of Waterfront
- Cul-De-Sac
- Level Lot
- Property is zoned RS-1
HOA Fees
- $104 Monthly HOA Fees
Property Views
- Ocean
- Views of a Sound
- Park or Greenbelt
Home Design
- Coastal Architecture
- Contemporary Architecture
- Frame Construction
- Asphalt Shingled Roof
- Wood Siding
- Lap Siding
- Piling Construction
Interior Spaces
- 2,715 Sq Ft Home
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Skylights
- Gas Fireplace
- Window Treatments
- Bay Window
- Entrance Foyer
- Screened Porch
- Utility Room
- Stacked Washer and Dryer
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Laminate Countertops
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- En-Suite Primary Bedroom
- Hydromassage or Jetted Bathtub
Pool
- Cabana
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Rooftop Deck
- Covered Deck
- Exterior Lighting
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot # 14
Community Details
Overview
- Built by Pete Hunter
- Sandy Ridge Subdivision
Recreation
- Community Boardwalk
- Community Beach Access
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2013
Closed on
Sep 15, 2014
Sold by
Karlsson Janeen A Sudaka
Bought by
Gamble Robert D and Gamble Carol A
Seller's Agent
Heather McLay
Landmark Sotheby's International Realty
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$1,424,000
Sold Price
$1,100,000
Premium/Discount to List
-$324,000
-22.75%
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
$3,127,957
Avg. Annual Appreciation
13.27%
Purchase Details
Closed on
Oct 20, 2005
Sold by
Karlsson Jeannine and Sudaka Karlsson Jeannine A
Bought by
Sudaka Karlsson Janeen A
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gamble Robert D | -- | Attorney | |
| Sudaka Karlsson Janeen A | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gamble Robert D | $1,338,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/22/2014 09/22/14 | Sold | $1,100,000 | -22.8% | $405 / Sq Ft |
| 07/30/2014 07/30/14 | Pending | -- | -- | -- |
| 04/07/2013 04/07/13 | For Sale | $1,424,000 | -- | $524 / 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 | $17,584 | $2,703,200 | $1,221,000 | $1,482,200 |
| 2023 | $16,773 | $2,703,200 | $1,221,000 | $1,482,200 |
| 2022 | $16,773 | $2,703,200 | $1,221,000 | $1,482,200 |
| 2021 | $16,773 | $2,703,200 | $1,221,000 | $1,482,200 |
| 2020 | $16,135 | $2,703,200 | $1,221,000 | $1,482,200 |
| 2019 | $15,422 | $2,219,000 | $1,080,300 | $1,138,700 |
| 2018 | $15,422 | $2,219,000 | $1,080,300 | $1,138,700 |
| 2017 | $15,515 | $2,219,000 | $1,080,300 | $1,138,700 |
| 2016 | $8,525 | $1,320,100 | $1,080,300 | $239,800 |
| 2014 | $8,974 | $1,385,400 | $1,080,300 | $305,100 |
Source: Public Records
Agents Affiliated with this Home
-
Heather McLay
Seller's Agent in 2014
Heather McLay
Landmark Sotheby's International Realty
(252) 202-3409
192 Total Sales
-
Edith Rowe
Seller Co-Listing Agent in 2014
Edith Rowe
Brindley Beach Vacations & Sales-Duck
(252) 202-6165
230 Total Sales
-
Gray Berryman
Buyer's Agent in 2014
Gray Berryman
Carolina Designs Realty
(252) 573-9503
209 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 78547
APN: 027044014
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