NOT LISTED FOR SALE

174 Ocean Way Kitty Hawk, NC 27949

Duck Area

Estimated Value: $1,718,000 - $3,187,000

0.29 Acre
$9,013,031 Price per Acre
12,500 Sq Ft Lot

Sale Details

Date Sold: June 23, 2022

Last sale price $1,600,000 $1,023 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $15,109 / mo

4 Days on Market

Highlights

  • Beach Front
  • Kitty Hawk Elementary School Rated 9+
  • Ocean View

About This Lot

As of June 2022

Rare oceanfront lot in the heart of Duck. Short walk to restaurants and shops. According to Duck code, maximum occupancy of a lot less than 15,000 is 12 and house size is 4000 square foot.

Last Agent to Sell the Property

Daphne Degabrielle

Outer Banks Realty Group License #136949 Listed on: 05/02/2022

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,245

Lot Details

  • 12,500 Sq Ft Lot
  • Beach Front
  • Cleared Lot

Additional Features

  • Ocean Views
  • Municipal Utilities District Water

Community Details

  • Ocean Dunes Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,245

Lot Details

0.29 Acres

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn East on Scarborough Ln. Go to end of road turn left. Vacant lot with fence on right.
  • Headline: Oceanfront lot in Duck
  • L V T Date: 05/04/2022
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: Residentia
  • Deed Book Pg Number: 0098
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C25379
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Utilities

  • Water: Municipal
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 12500
  • Lot Description: Beach Frontage, Cleared
  • Lot Faces: E
  • Estimated Lot Size: 0.29
  • Deed Book: 1834
  • Unit/Lot Number: Lot 8

Tax Info

  • Year: 2021
  • Taxes: 5245

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2022
Sold by
Bought by
Current Estimated Value
$2,613,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,240,000
Interest Rate
0.053%
Mortgage Type
Construction

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 20, 2022
Sold by
Bought by
Seller's Agent
Daphne Degabrielle
Outer Banks Realty Group
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,500,000
Sold Price
$1,600,000
Premium/Discount to List
$100,000
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.88%
Original Mortgage
$1,200,000
Interest Rate
0.053%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
0.0502%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 15, 2005
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$1,600,000 Sharp Graham Baker & Varnell L
$825,000 None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $2,240,000
Previous Owner $1,200,000
Previous Owner $575,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/23/2022 06/23/22 Sold $1,600,000 +6.7% $1,023 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/02/2022 05/02/22 For Sale $1,500,000 -- $959 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,893 $2,644,900 $1,617,000 $1,027,900
2024 $10,500 $1,581,700 $845,300 $736,400
2023 $6,700 $1,079,700 $845,300 $234,400
2022 $5,245 $845,300 $845,300 $0
2021 $5,245 $845,300 $845,300 $0
2020 $5,046 $845,300 $845,300 $0
2019 $4,132 $594,600 $594,600 $0
2018 $0 $594,600 $594,600 $0
2017 $4,043 $594,600 $594,600 $0
2016 $4,617 $715,400 $594,600 $120,800
2014 $4,621 $715,400 $594,600 $120,800
Source: Public Records

Agents Affiliated with this Home

  • Daphne Degabrielle

    Seller's Agent in 2022

    Daphne Degabrielle

    Outer Banks Realty Group

    (252) 475-4147

    42 Total Sales

    Daphne Degabrielle
    Section Image
  • Four Seasons Realty

    Buyer's Agent in 2022

    Four Seasons Realty

    Four Seasons Realty

    (252) 261-6664

    220 Total Sales

    Four Seasons Realty
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118726

Outer Banks Association of REALTORS®

APN: 010130000

North Carolina Dare County Kitty Hawk 27949

174 Ocean Way, Kitty Hawk, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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