NOT LISTED FOR SALE

141 Scarborough Ln Kitty Hawk, NC 27949

Estimated Value: $1,592,194 - $1,986,000

6 Beds
8 Baths
4,183 Sq Ft
$440/Sq Ft Est. Value

Last Sold October 22, 2018

Last sale price $985,000 $235 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $10,630/month

494 Days on Market

Highlights

  • Community Beach Access
  • Heated In Ground Pool
  • Coastal Architecture
  • Kitty Hawk Elementary School Rated 9+
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of October 2018

Duckingham Palace is one of the newest homes on Scarborough Lane. Enjoy a short walk to the heart of Duck or to the secluded beaches. This 6 master bedroom cottage with an elevator has consistently high rental income. The quality construction and unique floor plan make this home very memorable. Exaggerated with 12 foot ceilings, the spectacular ground floor gameroom possesses massive sliding glass doors and windows inviting the backyard pool oasis in. The great room boasts gorgeous environmentally friendly bamboo flooring. The two top floor masters are in demand by renters and owners alike. Don't wait too long to enjoy this oceanside gem on the Outer Banks. This home stayed high and dry during Hurricane Matthew and has never flooded. 2018 prime weekly rent $7,890

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 04/15/2017

Co-Listed By

Stacey Baittinger

Landmark Sotheby's International Realty License #204729

Last Buyer's Agent

Cory Taylor

Southern Shores Realty License #225898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,259

Year Built

  • Built in 2006

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 75x200
  • Fenced Yard
  • Level Lot

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,183 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck

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 15

Community Details

Overview

  • Association fees include common insurance, pool, tennis courts, walkways
  • Seapines Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,259

Year Built

Built in 2006

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From Duck Rd. turn east on Scarborough Lane, home on right close to beach!
  • Extras: Beach Access, Ceiling Fan(s), Elevator, Fenced Yard, Hot Tub, Outside Shower, Sun Deck
  • Flood Zone: AE
  • Headline: Stylish rental producer
  • Heated Sq Ft: 4183
  • L V T Date: 04/15/2017
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 0192
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: No
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: No
  • W And R Studios: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Walk in Closet, Wet Bar
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: In Ground, Fiberglass, Heated, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Pool, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 1200
  • Home Owner Dwelling Insurance: 1058

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Level
  • Lot Size: 75x200
  • Lot Number: Lot 15
  • Estimated Lot Size: 0.34
  • Deed Book: 1823

Rental Info

  • Est Annual Rental Income: 101920
  • Estimated Rental Performance: 0.1035
  • Lease Terms: Weekly
  • Other Expenses: 1868
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Duckingham Palace
  • Rental Cottage Number: 637
  • Rental Phone Number: 252261-3934
  • Rental Turnover Day: Friday
  • Annual Cable TV Expense: 2482
  • Annual Electric: 3975
  • Annual Water Expense: 675

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2018
  • Taxes: 7259.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2017
Closed on
Oct 19, 2018
Sold by
Thodos Steve G and Thodos Stephany
Bought by
Hollire Wendell B and Landry Lisa M
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Cory Taylor
Southern Shores Realty
List Price
$1,095,000
Sold Price
$985,000
Premium/Discount to List
-$110,000
-10.05%
Current Estimated Value
$1,824,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$839,044
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
Jan 19, 2010
Sold by
Mcleroy Robert D and Mcelroy Cynthia C
Bought by
Thodos Steve G and Iwanicki Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2005
Sold by
Ocean Beach Inc
Bought by
Mcelroy Robert D
Source: Public Records

Range of Values:

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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
Hollire Wendell B $985,000 --
Thodos Steve G $1,000,000 None Available
Mcelroy Robert D $615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thodos Steve G $750,000
Previous Owner Mcelroy Robert D $1,232,000
Previous Owner Mcelroy Robert D $154,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/22/2018 10/22/18 Sold $985,000 -1.4% $235 / Sq Ft
08/22/2018 08/22/18 Pending -- -- --
06/04/2018 06/04/18 Price Changed $999,000 -8.8% $239 / Sq Ft
04/15/2017 04/15/17 For Sale $1,095,000 -- $262 / 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 $6,530 $972,000 $300,000 $672,000
2023 $6,230 $1,003,979 $300,000 $703,979
2022 $6,198 $998,880 $300,000 $698,880
2021 $6,206 $1,000,128 $300,000 $700,128
2020 $5,970 $1,000,128 $300,000 $700,128
2019 $7,259 $1,007,200 $261,000 $746,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 96083

Outer Banks Association of REALTORS®

APN: 030103000