NOT LISTED FOR SALE

175 Teresa Ct Kitty Hawk, NC 27949

Estimated Value: $979,000 - $1,042,861

5 Beds
3.5 Baths
1,800 Sq Ft
$559/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $492,500 $274 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $5,542/month

252 Days on Market

Highlights

  • Ocean View
  • Heated In Ground Pool
  • Coastal Architecture
  • First Flight Middle School Rated A-
  • Rooftop Deck
  • Wood Flooring

About This Home

As of May 2017

If you have been looking for a cool place in Duck that was close to the beach access AND close to the Duck town center, then look no more! LANAI is the perfect place that offers all the amenities important to owners and guests and is a short walk to ocean, sound, shops, restaurants and entertainment. This home has been completely updated and remodeled, so all the work has been done for you. The exterior has all new plywood sheathing and concrete fiberboard siding. New wood flooring, new ceramic tile, new bathrooms, new sliders and the kitchen has recently been redesigned. The gorgeous (yet unassuming) decor offers the warm feel of a luxury Hawaiian surf shack. The home is being sold completely furnished and ready to go. Outside, you will find a screened porch, sun deck, hot tub, roof top deck, horseshoe pit and private pool. The unique pool was installed in 2004 and is a real crowd pleaser! Convenient outdoor bathroom on the ground level too! Property is located on a quiet cul-de-sac with no traffic or road noise. There are no Homeowner's dues, making this investment even more sound. New Flood maps indicate reclassification to X zone, meaning NO FLOOD INSURANCE REQUIRED. These owners have taken great pride in making sure everything is perfect at Lanai, so this is a great opportunity for the savvy investor. All rental history includes quite a bit of owner usage, as well as friends and family.

Last Agent to Sell the Property

Chandler Spawr

Coastal Property Partners License #190456 Listed on: 07/17/2016

Co-Listed By

Martha Spawr

Default, Office License #288633

Last Buyer's Agent

William Hogan

Twiddy and Co. - Duck License #103949

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,852

Year Built

  • Built in 1987

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac
  • Fenced Yard
  • Level Lot

Home Design

  • Coastal Architecture
  • Cottage
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,800 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Ocean Dunes Subdivision

Listing and Financial Details

  • Tax Lot 25

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,852

Year Built

Built in 1987

Lot Details

0.29 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Cottage
  • Directions: East on Christopher->Right on Teresa->cul-de-sac
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Roof Top Deck, Dry Entry
  • Flood Zone: AE, X
  • Headline: Tasteful decor-Near Water
  • Heated Sq Ft: 1800
  • L V T Date: 07/17/2016
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 0451
  • Office License Number: C26165
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Wet Bar
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 12500
  • Lot Description: Cul-de-sac, Level
  • Lot Number: Lot 25
  • Deed Book: 1544

Rental Info

  • Poolspa Expense: 3000
  • Rental Co: Southern Shores Realty
  • Rental Cottage Name: LANAI
  • Rental Cottage Number: 1036
  • Rental Phone Number: 252-261-2000
  • Rental Turnover Day: Sun
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 960
  • Annual Electric: 1800
  • Annual Water Expense: 520

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2015
  • Taxes: 2852

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2016
Closed on
May 12, 2017
Sold by
Kotz Robert A and Kotz Bonnie Rishell
Bought by
Wellinghoff Darryl G and Wellinghoff Colleen C
Seller's Agent
Chandler Spawr
Coastal Property Partners
Buyer's Agent
William Hogan
Twiddy and Co. - Duck
List Price
$538,000
Sold Price
$492,500
Premium/Discount to List
-$45,500
-8.46%
Current Estimated Value
$1,006,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,715
Avg. Annual Appreciation
8.49%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Date Buyer Sale Price Title Company
Wellinghoff Darryl G -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/12/2017 05/12/17 Sold $492,500 -8.5% $274 / Sq Ft
03/26/2017 03/26/17 Pending -- -- --
07/17/2016 07/17/16 For Sale $538,000 -- $299 / Sq Ft
Source: Outer Banks Association of REALTORS®

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
2025 $4,313 $959,500 $594,000 $365,500
2024 $3,744 $564,800 $297,000 $267,800
2023 $3,571 $575,512 $297,000 $278,512
2022 $3,571 $575,512 $297,000 $278,512
2021 $3,578 $575,512 $297,000 $278,512
2020 $3,435 $575,512 $297,000 $278,512
2019 $3,098 $437,300 $268,800 $168,500
2018 $3,104 $437,300 $268,800 $168,500
2017 $3,031 $437,300 $268,800 $168,500
2016 $2,853 $437,300 $268,800 $168,500
2014 $2,853 $437,300 $268,800 $168,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93121

Outer Banks Association of REALTORS®

APN: 010143000

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