NOT LISTED FOR SALE

163 Ocean Way Kitty Hawk, NC 27949

Estimated Value: $1,340,011 - $1,531,000

5 Beds
5 Baths
2,275 Sq Ft
$621/Sq Ft Est. Value

Last Sold June 20, 2016

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

Est. 78% increase in value since last sale

Current estimated payment $8,352/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 & Sales - KH 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
Total Days on Market
89
Current Estimated Value
$1,413,003

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 & Sales - KH
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
6.61%
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

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Range of Values:

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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
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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91312

Outer Banks Association of REALTORS®

APN: 010132000