NOT LISTED FOR SALE

161 Schooner Ridge Dr E Kitty Hawk, NC 27949

Estimated Value: $2,058,000 - $2,616,000

6 Beds
8 Baths
3,050 Sq Ft
$731/Sq Ft Est. Value

Last Sold April 18, 2019

Last sale price $1,210,000 $397 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $13,024/month

10 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Health Club
  • Kitty Hawk Elementary School Rated 9+
  • Ocean View
  • In Ground Pool

About This Home

As of April 2019

It's all in the name…The Gathering Place is your perfect OCEANFRONT coastal home, a place friends and family will want to be, year after year. Start your day, sipping coffee on your deck while you watch the sunrise over the ocean and finish it in your private hot tub while you listen to the waves crash on the beach. Gather your family for a day at the beach or split your time between the beach and your private pool. Inside you will find an over sized, spacious, top floor living area with plenty of room for the whole family. 6 master bedrooms mean lots of room and privacy for everyone. The floorplan is well thought out with a fabulous flow. You will love the ground floor powder room - perfect to pop back in from the beach or pool. And to make it even better….the renters love this home. Consistent and strong rental income producing over 10% GRI - check out the cash flow! And we're not done there - this amazing home is in situated in the Duck community of Schooner Ridge - which is bursting with amenities. Indoor and outdoor community pools, health club, racquetball court, tennis courts, game room, playground and so much more. Located right in the heart of Duck - shopping, restaurants, soundfront boardwalk are all right at your fingertips. New roof 2018, new HVAC units, remodeled kitchen.

Last Agent to Sell the Property

Danielle Taylor

Keller Williams - Outer Banks License #273134 Listed on: 03/11/2019

Keller Williams - Outer Banks

Last Buyer's Agent

James Forrest

Southern Shores Realty License #37067

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,095

Year Built

  • Built in 1994

Lot Details

  • Beach Front
  • Property fronts a private road

HOA Fees

  • $183 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,050 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

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

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 #47

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts, walkways
  • 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

$7,095

Year Built

Built in 1994

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Directions: North on Duck Road to Schooner Ridge Dr, all the way to the oceanfront.
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Outside Shower, Screened Porch, Dry Entry, Inside Laundry Room
  • Headline: Duck Oceanfront; over 10% GRI
  • Heated Sq Ft: 3050
  • L V T Date: 03/11/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 351
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15442
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6
  • Countertops: Solid Surface
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Wet Bar
  • Partial Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: 2 Car, Carport
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, 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: 2200

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot #47
  • Deed Book: 1593

Rental Info

  • Est Annual Rental Income: 127871
  • Estimated Rental Performance: 0.1057
  • Flood Expenses: 5110
  • Other Expenses: 500
  • Other Expenses2: 1300
  • Other Insurance Expenses: 344
  • Poolspa Expense: 3250
  • Rental Co: Beach Realty & Construction
  • Rental Cottage Name: The Gathering Place
  • Rental Cottage Number: D3555
  • Rental Turnover Day: Sunday
  • Annual Cable TV Expense: 1700
  • Annual Electric: 4700
  • Annual Water Expense: 1400
  • Rental Contact Email: helen@beachrealtync.com
  • Rental Contact Name: Helen Larose

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2018
  • Taxes: 7095.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2023
Sold by
Stang Erik and Stang Christine
Bought by
Jace Coast Llc
Current Estimated Value
$2,229,487

Purchase Details

Closed on
Feb 4, 2022
Sold by
Scordo Christopher J and Scordo Victoria C
Bought by
Stang Erik and Stang Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,592,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2019
Closed on
Apr 18, 2019
Sold by
Torti Robert E and Torti Andrea L
Bought by
Scordo Christopher J and Scordo Victoria C
Seller's Agent
Danielle Taylor
Keller Williams - Outer Banks
Buyer's Agent
James Forrest
Southern Shores Realty
List Price
$1,265,000
Sold Price
$1,210,000
Premium/Discount to List
-$55,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.07%
Original Mortgage
$726,000
Interest Rate
4.2%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
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
Jace Coast Llc -- --
Stang Erik $11,940,000 None Listed On Document
Scordo Christopher J $1,210,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stang Erik $1,592,000
Previous Owner Scordo Christopher J $726,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2019 04/18/19 Sold $1,210,000 -4.3% $397 / Sq Ft
03/21/2019 03/21/19 Pending -- -- --
03/11/2019 03/11/19 For Sale $1,265,000 -- $415 / 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 $8,311 $1,257,200 $793,500 $463,700
2023 $7,916 $1,275,748 $793,500 $482,248
2022 $7,916 $1,275,748 $793,500 $482,248
2021 $7,928 $1,275,748 $793,500 $482,248
2020 $7,615 $1,275,748 $793,500 $482,248
2019 $7,216 $1,020,900 $672,300 $348,600
2018 $7,216 $1,020,900 $672,300 $348,600
2017 $7,283 $1,050,300 $672,300 $378,000
2016 $6,843 $1,050,300 $672,300 $378,000
2014 $6,843 $1,050,300 $672,300 $378,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104103

Outer Banks Association of REALTORS®

APN: 026469047