NOT LISTED FOR SALE

166 Ocean Way Kitty Hawk, NC 27949

Estimated Value: $1,401,000 - $1,874,000

5 Beds
3 Baths
1,782 Sq Ft
$927/Sq Ft Est. Value

Last Sold March 18, 2019

Last sale price $1,060,000 $595 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $9,804/month

145 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Coastal Architecture
  • Kitty Hawk Elementary School Rated 9+
  • Outdoor Pool
  • Cathedral Ceiling

About This Home

As of March 2019

Not a huge expensive monster to maintain, but still a rental machine! This ocean front's Advertised Rental Income was approximately $106,000 for 2017 and $112,565 for 2018. Adding back owner use the rental income for 2018 would have been $119,915!!! This home boasts a rare "deep water" oceanfront pool with a high protective dune and walking distance to the Town of Duck. Once there, enjoy the sunsets on the sound front Boardwalk or while dining in many of the fine sound front restaurants. The upscale and wide variety of shopping in Duck will cover practically every need! The home itself has recently remodeled bathrooms and kitchen. The reverse floor plan has the master bedroom on the top floor with the kitchen and living room areas. The second floor has four bedrooms. The ocean views are absolutely spectacular! Watch the dolphins swim by while sipping your coffee as another beautiful day begins on the Outer Banks with a sun rise over the ocean front horizon. If you are in the market for an ocean front house, once you see this one its value will stand above the rest!

Last Agent to Sell the Property

Joseph Staten

OBX Island Realty License #270090 Listed on: 09/06/2018

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,179

Year Built

  • Built in 1984

Lot Details

  • Beach Front

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,782 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Storage Shed

Utilities

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

Community Details

  • Ocean Dunes Subdivision

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,179

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From Rt 12 turn East on Christopher until street ends on Ocean Way. Turn Right and house in on the left. Also, from Rt 12 turn East on Scarborough Lane until street ends on Ocean Way turn Left and house is on the right.
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Storage Shed, Sun Deck
  • Flood Zone: VE
  • Heated Sq Ft: 1782
  • L V T Date: 09/06/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0484
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • 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: 5
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s)

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Sound Access

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: approx 65x288
  • Lot Number: Lot 4
  • Deed Book: 1888

Rental Info

  • Rental Co: Sun Realty
  • Rental Cottage Name: Lookout I
  • Rental Cottage Number: OCD-25
  • Rental Phone Number: 252-261-7911
  • Rental Turnover Day: Saturday
  • Rental Contact Name: Sun Realty - Duck
  • Rental Contact Phone: 252-261-7911

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2017
  • Taxes: 5178.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2018
Closed on
Mar 13, 2019
Sold by
William Wood Hankins T
Bought by
Nc Beach House Llc
Seller's Agent
Joseph Staten
OBX Island Realty
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,150,000
Sold Price
$1,060,000
Premium/Discount to List
-$90,000
-7.83%
Total Days on Market
145
Current Estimated Value
$1,651,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$591,186
Avg. Annual Appreciation
7.36%
Original Mortgage
$795,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 11, 2012
Sold by
Hankins Brian W H
Bought by
Hankins Brian W H and William Wood Hankins Trust

Purchase Details

Closed on
Jan 14, 2009
Sold by
Hankins Beverly Ann
Bought by
Hankins William Wood and Sara B Hankins Trust
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
Nc Beach House Llc $1,060,000 --
Hankins Brian W H -- None Available
Hankins William Wood $304,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open North Carolina Beach House Llc $650,000
Closed Nc Beach House Llc $795,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2019 03/18/19 Sold $1,060,000 -3.5% $595 / Sq Ft
01/29/2019 01/29/19 Pending -- -- --
01/09/2019 01/09/19 Price Changed $1,099,000 -4.4% $617 / Sq Ft
09/06/2018 09/06/18 For Sale $1,150,000 -- $645 / 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 $6,946 $1,059,200 $862,500 $196,700
2023 $6,621 $1,067,068 $862,500 $204,568
2022 $6,621 $1,067,068 $862,500 $204,568
2021 $6,626 $1,067,068 $862,500 $204,568
2020 $6,369 $1,067,068 $862,500 $204,568
2019 $5,287 $752,200 $581,900 $170,300
2018 $0 $752,200 $581,900 $170,300
2017 $5,179 $752,200 $581,900 $170,300
2016 $4,869 $752,200 $581,900 $170,300
2014 $462 $714,600 $581,900 $132,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101915

Outer Banks Association of REALTORS®

APN: 010126000