NOT LISTED FOR SALE

174 Ocean Way Kitty Hawk, NC 27949

Duck Area

Estimated Value: $1,722,000 - $3,087,000

0.29 Acre
$8,992,717 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. 64% increase in value since last sale

Current estimated payment $14,947 / 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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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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
Gurzo Paul M and Gurzo Jessica M
Bought by
Current Estimated Value
$2,629,765

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
Outstanding Balance
$2,110,480
Interest Rate
5.3%
Mortgage Type
Construction
Estimated Equity
$497,408

Purchase Details

Listed on
May 2, 2022
Closed on
Jun 20, 2022
Sold by
Duck Beach Box Llc
Bought by
Gurzo Paul M and Gurzo Jessica M
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
12.34%
Original Mortgage
$1,200,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2010
Sold by
Jerkit Llc
Bought by
Duck Beach Box Llc

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
5.02%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 15, 2005
Sold by
Thoma Catherine
Bought by
Jerkiy Llc
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Kitty Hawk, NC

  • Richard Tolson Real Estate Agent - RT Realty OBX, LLC

    Richard Tolson

    RT Realty OBX, LLC

    (252) 599-5418

    56 Total Sales

    1 in Duck

    $1,840,000 Price

    Richard Tolson
     Section Image
  • Steven Gross Real Estate Agent - Twiddy and Company - Corolla

    Steven Gross

    Twiddy and Company - Corolla

    (252) 689-7140

    45 Total Sales

    3 in Duck

    $750K - $1M Price Range

    Steven Gross
     Section Image
  • Winston Hawkins Real Estate Agent - Brindley Beach Vacations & Sales - Cor

    Winston Hawkins

    Brindley Beach Vacations & Sales - Cor

    (252) 336-9986

    41 Total Sales

    4 in Duck

    $710K - $2.6M Price Range

    Winston Hawkins
     Section Image
  • Trisha Midgett Real Estate Agent - Midgett Realty - Rodanthe

    Trisha Midgett

    Responds Quickly

    Midgett Realty - Rodanthe

    (252) 650-8051

    1,062 Total Sales

    16 in Duck

    $300K - $2.4M Price Range

    Trisha Midgett
     Section Image
  • Melissa Morgan Real Estate Agent - Landmark Sotheby's Internation

    Melissa Morgan

    Landmark Sotheby's Internation

    (252) 421-6771

    58 Total Sales

    2 in Duck

    $395K - $1.6M Price Range

    Melissa Morgan
     Section Image
  • Nikki Johnson Real Estate Agent - Own Real Estate Of NC, LLC

    Nikki Johnson

    Responds Quickly

    Own Real Estate Of NC, LLC

    (757) 767-7801

    296 Total Sales

    1 in Duck

    $712,000 Price

    Nikki Johnson
     Section Image
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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
Gurzo Paul M $1,600,000 Sharp Graham Baker & Varnell L
Duck Beach Box Llc $825,000 None Available
Jerkiy Llc -- 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 Gurzo Paul M $1,200,000
Previous Owner Duck Beach Box Llc $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 Real Estate Agent - Outer Banks Realty Group

    Seller's Agent in 2022

    Daphne Degabrielle

    Outer Banks Realty Group

    (252) 475-4147

    42 Total Sales

    Daphne Degabrielle
    Section Image
  • Four Seasons Realty Real Estate Agent - Four Seasons Realty

    Buyer's Agent in 2022

    Four Seasons Realty

    Four Seasons Realty

    (252) 261-6664

    206 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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