NOT LISTED FOR SALE

138 Schooner Ridge Dr E Kitty Hawk, NC 27949

Estimated Value: $1,428,000 - $1,540,236

6 Beds
5.5 Baths
3,051 Sq Ft
$482/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $1,450,000 $475 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,219/month

6 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Indoor Pool
  • First Flight Middle School Rated A-
  • Health Club
  • Home Theater

About This Home

As of May 2022

Live large in this 6-bedroom 5.5 bath vacation home in the quaint Town of Duck. Located on an x flood zone lot in the desirable seaside neighborhood of Schooner Ridge, this outstanding home has all the discerning buyer could want. Filled with upscale touches, this turnkey property offers ocean views, a modern kitchen, 4 en suite bedrooms, a media room, a Stair Tamer, expansive multi level decks, and an outside kitchen by the private pool and hot tub. This home has it all, both inside and out. Beautifully appointed, this home boasts polished hardwood floors, cathedral ceilings, remodeled bathrooms, spacious bedrooms, and multiple gathering areas. The outside features a fenced, landscaped yard surrounding the inner spacious pool area, complete with a pergola-covered dining and entertaining area. Just a short stroll to the beach and convenient to the Schooner Ridge community amenities including a Recreation Center, multiple pools, tennis courts, racquetball, and activities/game room, just to name a few. It’s easy access to all the great dining, boutique shopping, and events in the Town of Duck. Enjoy the Duck soundside boardwalk or the multi-use path, perfect for walkers/ runners/ bike rides. This attractive property is designed to provide a comfortable and relaxing vacation in an upscale environment. If you are looking for a location with ocean views, room to spread out, quality finishes, and in a desirable neighborhood- you’ve found it!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 03/31/2022

Keller Williams - Outer Banks

Co-Listed By

Terry Blocher

Keller Williams - Outer Banks License #271673

Last Buyer's Agent

Inna Pencheva

Landmark Sotheby's Internation License #289035

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,648

Year Built

  • Built in 1998

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Property is zoned RS-1

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,051 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Home Theater
  • Wood Flooring
  • Ocean Views
  • Washer and Dryer Hookup

Kitchen

  • Plumbed For Ice Maker
  • Wine Cooler
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Indoor Pool
  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot #94

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, tennis courts, walkways
  • Schooner Ridge HOA
  • Schooner Ridge Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Racquetball
  • Community Playground
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,648

Year Built

Built in 1998

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: Duck Rd north to right onto Schooner Ridge (just past Sweet T's). Property will be ahead on the left.
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: X
  • Subdivision Name: Schooner Ridge Phase II
  • Headline: Ocean Views
  • Heated Sq Ft: 3051
  • L V T Date: 03/31/2022
  • Phase: II
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: RS-1
  • Advertised Income 2021: 109100
  • Advertised Income 2022: 97030
  • Deed Book Pg Number: 0777
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Wine Cooler
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection
  • Optional Rooms: Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Indoor, Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Tennis Courts, Walkways
  • Association Amenities: Clubhouse, Health Club, Indoor-Comm. Pool, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Racquetball
  • Association Fee: Yes
  • Estimated Annual Fee: 2500
  • Hoa Contact: Schooner Ridge HOA
  • HOA Contact: info@seaside-management.c

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Level
  • Lot Number: Lot #94
  • Estimated Lot Size: 0.34
  • Deed Book: 2445

Rental Info

  • Est Annual Rental Income: 109100
  • Estimated Rental Performance: 0.0752
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Cavalier Castle
  • Rental Cottage Number: B442
  • Rental Phone Number: 252-457-0489
  • Rental Turnover Day: SATURDAY
  • Rental Contact Email: Owner@twiddy.com
  • Rental Contact Name: Jen Kavanaugh or Alison Robertson
  • Rental Contact Phone: 252-457-0489

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2021
  • Taxes: 4648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2022
Sold by
Richard Solimano Michael and Richard Cara R
Bought by
Coastal Real Estate Llc
Current Estimated Value
$1,611,272

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 5, 2022
Sold by
Cavalier Castle Llc
Bought by
Solimano Michael Richard
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Inna Pencheva
Landmark Sotheby's Internation
List Price
$1,500,000
Sold Price
$1,450,000
Premium/Discount to List
-$50,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.41%
Original Mortgage
$1,087,500
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2020
Sold by
Queen Timothy A and Queen Katherine M
Bought by
Cavalier Castle Llc

Purchase Details

Closed on
Jul 26, 2007
Sold by
Decarlo Alfred and Decarlo Lois
Bought by
Queen Timothy A and Queen Katherine M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.71%
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
Coastal Real Estate Llc -- Casey & Robbins Pc
Coastal Real Estate Llc -- None Listed On Document
Solimano Michael Richard $8,700,000 Rp Starkey
Solimano Michael Richard $8,700,000 Rp Starkey
Cavalier Castle Llc -- Accommodation
Queen Timothy A $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solimano Michael Richard $1,087,500
Previous Owner Queen Timothy A $680,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $1,450,000 -3.3% $475 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $1,500,000 -- $492 / 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 $6,824 $1,500,800 $555,000 $945,800
2024 $4,873 $728,300 $255,000 $473,300
2023 $4,637 $747,232 $255,000 $492,232
2022 $4,637 $747,232 $255,000 $492,232
2021 $4,648 $747,232 $255,000 $492,232
2020 $4,347 $728,300 $255,000 $473,300
2019 $4,201 $604,400 $237,000 $367,400
2018 $0 $604,400 $237,000 $367,400
2017 $4,110 $604,400 $237,000 $367,400
2016 $3,868 $604,400 $237,000 $367,400
2014 $3,868 $604,400 $237,000 $367,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118243

Outer Banks Association of REALTORS®

APN: 026469094