NOT LISTED FOR SALE

135 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $1,337,000 - $1,621,000

5 Beds
7 Baths
3,836 Sq Ft
$389/Sq Ft Est. Value

Last Sold April 17, 2013

Last sale price $799,000 $208 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $8,378/month

152 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Second Refrigerator
  • First Flight Middle School Rated A-
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of April 2013

Not Your Average Bank Owned Home. This Fully Furnished Vacation Rental is fully intact and maintained to Vacationing Standards. Check your Must Haves, they are here: ELEVATOR, Private Pool with Large Custom Decking, Granite Counter Tops, Stainless Appliances, Center Island in Kitchen and Wood Floors. The Master Suite has an Ocean View and Stunning Bathroom with Tile, Tub and Shower and Walk in Closet. The Ground Floor is Entertainment Central with a Pool Table, Wet Bar and Screening Room. All of the Five Bedrooms are spacious and offer big windows and decks and Private Baths.

Last Agent to Sell the Property

Michael Davenport

Sun Realty - KDH License #82882 Listed on: 10/19/2012

Co-Listed By

LeAnne Wiggins

Sun Realty - KDH License #182819

Last Buyer's Agent

Leslie Gilmore

Great Escapes Vacations & Sales License #198088

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,332

Year Built

  • Built in 2007

Lot Details

  • 0.34 Acre Lot
  • Ocean Front
  • Landscaped

Home Design

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

Interior Spaces

  • 3,836 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Utility Room
  • Ocean Views
  • Storm Doors

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • So/Sh Amended Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot B

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,332

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Bank Owned: Yes
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Landscaped, Outside Lighting, Outside Shower, Storm Doors, Sun Deck
  • Subdivision Name: Southern Shores
  • Headline: Bank Owned Vacation Rental
  • Heated Sq Ft: 3836
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Deed Book Pg Number: 0314
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Utility Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Size: 15000
  • Lot Number: Lot B
  • Deed Book: 1797

Rental Info

  • Est Annual Rental Income: 52810
  • Estimated Rental Performance: 0.0661
  • Lease Terms: Weekly
  • Other Expenses: 382500
  • Rental Co: Sun Realty
  • Rental Cottage Number: SS-135
  • Rental Phone Number: 261-1152

Building Info

  • Year Built: 2007

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 4332.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2012
Closed on
Apr 16, 2013
Sold by
Central Virginia Bank
Bought by
Ruiz Antonio J and Ruiz Anne T
Seller's Agent
Michael Davenport
Sun Realty - KDH
Buyer's Agent
Leslie Gilmore
Great Escapes Vacations & Sales
List Price
$790,000
Sold Price
$799,000
Premium/Discount to List
$9,000
1.14%
Current Estimated Value
$1,492,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$693,350
Avg. Annual Appreciation
5.04%
Original Mortgage
$400,000
Outstanding Balance
$282,397
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,210,580

Purchase Details

Closed on
Apr 9, 2009
Sold by
Soden Jeff W
Bought by
Central Virginia Bank

Purchase Details

Closed on
Jun 30, 2008
Sold by
Soden Jeffrey W
Bought by
Soden Mary H

Purchase Details

Closed on
Jun 24, 2005
Sold by
Aukland Elva D
Bought by
Soden Jeff W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,000
Interest Rate
5.46%
Mortgage Type
Construction
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
Ruiz Antonio J $690,000 None Available
Central Virginia Bank $808,400 None Available
Soden Mary H -- None Available
Soden Jeff W $472,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Antonio J $400,000
Previous Owner Soden Jeff W $822,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2013 04/17/13 Sold $799,000 +1.1% $208 / Sq Ft
03/20/2013 03/20/13 Pending -- -- --
10/19/2012 10/19/12 For Sale $790,000 -- $206 / 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 $6,710 $1,399,100 $538,100 $861,000
2024 $5,768 $839,200 $236,300 $602,900
2023 $5,752 $863,316 $236,300 $627,016
2022 $5,752 $863,316 $236,300 $627,016
2021 $5,768 $863,316 $236,300 $627,016
2020 $5,148 $863,316 $236,300 $627,016
2019 $5,942 $834,000 $292,200 $541,800
2018 $5,960 $834,000 $292,200 $541,800
2017 $5,960 $834,000 $292,200 $541,800
2016 $5,597 $834,000 $292,200 $541,800
2014 $5,615 $834,000 $292,200 $541,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76671

Outer Banks Association of REALTORS®

APN: 021858001