NOT LISTED FOR SALE

163 Ocean Way Kitty Hawk, NC 27949

Estimated Value: $1,417,000 - $1,606,000

5 Beds
5 Baths
2,275 Sq Ft
$656/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $795,000 $349 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,544/month

89 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Second Refrigerator
  • Kitty Hawk Elementary School Rated 9+
  • In Ground Pool
  • Contemporary Architecture

About This Home

As of June 2016

OBX-BOX is a jewel of a home. Situated on a nicely landscaped corner lot with direct beach access. This 5 bedroom, 5 bath Semi-Oceanfront beauty really shines. Charming, cozy, comfortable, bright & airy only begin to describe this one of a kind cottage. This home is beautifully furnished and has been well maintained by caring owners. Don't let the age of the home fool you - in 2004 the property underwent major renovations that resulted in major upgrades & additions. Outside amenities include large back yard with volleyball court, spacious outdoor entertainment area featuring pool & hot tub. Everyone loves this cottage especially the renters. Great rental income with the potential to do much more. NOTE: OWNERS LIMIT THE NUMBER OF WEEKS RENTED - this home has excellent potential for additional rental income. Super location - right in the heart of the Village of Duck. Show this one!

Last Agent to Sell the Property

Ronald Ryan

Keller Williams - Outer Banks License #153518 Listed on: 02/25/2016

Keller Williams - Outer Banks

Last Buyer's Agent

Anna Hunt

Brindley Beach Vacations & Sal License #231616

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,840

Year Built

  • Built in 1979

Lot Details

  • 10,885 Sq Ft Lot
  • Ocean Front
  • Corner Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,275 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Entrance Foyer
  • Loft
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 10

Community Details

Overview

  • Ocean Dunes Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,840

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: East on Christopher Dr. - Home on right - Semi-Oceanfront
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Ocean Dunes, Sec. 1
  • Headline: Duck Semi-Oceanfront!
  • Heated Sq Ft: 2275
  • L V T Date: 02/26/2016
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0332
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: 1st Floor, On Level: 1
  • Bedroom 2: Master, On Level: 2
  • Bedroom 3: Master, On Level: 2
  • Bedroom 4: Master, On Level: 3
  • Bedroom 5: Master, On Level: 3
  • Kitchen: Nice, On Level: 2
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Skylight, Some Windows Treated, Washer Connection, Wet Bar
  • Dining Room: Bright, On Level: 2
  • Family Room: Nice, On Level: 1
  • Living Room: Open, On Level: 2
  • Optional Rooms: Foyer, Game Room, Loft, Utility Room
  • Optional Room 1: Loft

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: Views!
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Spacious
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Home Owner Dwelling Insurance: 5091

Lot Info

  • Estimated Lot Sq Ft: 10885
  • Lot Description: Corner, Level
  • Lot Faces: E
  • Lot Size: Irregular
  • Lot Number: Lot 10
  • Deed Book: 1608

Rental Info

  • Flood Expenses: 2396
  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Cottage Name: OBX-BOX
  • Rental Cottage Number: 4043
  • Rental Phone Number: 261-8888
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1979

Tax Info

  • Year: 2015
  • Taxes: 3840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 11, 2018
Sold by
Green Michael J and Abrego-Hayward Mary A
Bought by
Obx Box Llc
Current Estimated Value
$1,477,033

Purchase Details

Listed on
Feb 25, 2016
Closed on
Jun 10, 2016
Sold by
Nadworny Edward M and Nadworny Carol J
Bought by
Green Michael J and Hayward Mary Alice Abrego
Seller's Agent
Ronald Ryan
Keller Williams - Outer Banks
Buyer's Agent
Anna Hunt
Brindley Beach Vacations & Sal
List Price
$854,900
Sold Price
$795,000
Premium/Discount to List
-$59,900
-7.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.14%
Original Mortgage
$417,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 13, 2005
Sold by
Replogle John B and Replogle Kristin G
Bought by
Nadworny Edward M and Nadworny Carol J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$813,750
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Obx Box Llc -- --
Green Michael J $795,000 None Available
Nadworny Edward M $1,162,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Michael J $417,000
Previous Owner Nadworny Edward M $813,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2016 06/20/16 Sold $795,000 -7.0% $349 / Sq Ft
05/24/2016 05/24/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $854,900 -- $376 / 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 $5,478 $824,500 $385,000 $439,500
2023 $5,225 $842,080 $385,000 $457,080
2022 $5,225 $842,080 $385,000 $457,080
2021 $5,225 $842,080 $385,000 $457,080
2020 $5,026 $842,080 $385,000 $457,080
2019 $4,114 $579,800 $335,800 $244,000
2018 $4,114 $579,800 $335,800 $244,000
2017 $4,026 $579,800 $335,800 $244,000
2016 $3,789 $579,800 $335,800 $244,000
2014 $3,840 $587,400 $335,800 $251,600
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91312

Outer Banks Association of REALTORS®

APN: 010132000