NOT LISTED FOR SALE

178 Ocean Way Kitty Hawk, NC 27949

Estimated Value: $2,986,000 - $4,060,029

8 Beds
9 Baths
6,198 Sq Ft
$585/Sq Ft Est. Value

Last Sold December 14, 2020

Last sale price $2,500,000 $403 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $20,468/month

92 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Home Theater
  • First Flight Middle School Rated A-
  • Ocean View
  • Concrete Pool

About This Home

As of December 2020

Elegant oceanfront estate in the premiere downtown Duck neighborhood of Seapines. This property has been lovingly maintained by the owner. Ideal location to enjoy all Duck has to offer! Wide, 87 foot lot allows for fantastic views of the ocean. New decks with composite wood and PVC deck rails overlook the pool area and oceanfront dune deck. 2 hot tubs in the pool area with pergola and 17x34 custom, heated pool. Large game area on the ground level with a second fridge, dishwasher, microwave and waher/dryer. All 4 HVAC units have been replaced within the past 5 years. 5 master suites with one on the ground level, 3 on the mid level, and another on the top level. Ocean Blue is a uniquely designed Oceanfront home with special places, expansive decks on level I and II offering shade and sun options and providing panoramic ocean views. These decks are ideal for special events. Four bedrooms open directly to these ocean front decks. Enjoy the spectacular view from the great room giving the feel of being on the bow of a ship! The large, open great room is perfect for entertaining. A level 4 ship’s watch with stereo and awesome ocean views provides a solitude getaway or enjoy the two spacious dune decks with private access to the beach. Elevator shaft is in place for a future elevator if desired.

Last Agent to Sell the Property

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824 Listed on: 06/23/2020

Co-Listed By

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162

Last Buyer's Agent

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824 Listed on: 06/23/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,786

Year Built

  • Built in 1993

Lot Details

  • 0.42 Acre Lot
  • Lot Dimensions are 87x245
  • Beach Front
  • 87 Feet of Waterfront
  • Fenced Yard
  • Landscaped
  • Level Lot

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 6,198 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Loft
  • Game Room
  • Utility Room
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Off-Street Parking
  • Reserved Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 29

Community Details

Overview

  • Seaside Management Association, Phone Number (252) 261-1200
  • Built by Mike Smith
  • Seapines Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,786

Year Built

Built in 1993

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From Duck Road go East onto Scarborough Lane. Follow Scarborough Lane to end, house is located at end towards the left.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Security System, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Inside Laundry Room, Outside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: Seapines
  • Headline: Oceanfront Stunner!
  • Heated Sq Ft: 6198
  • L V T Date: 06/23/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 221404
  • Deed Book Pg Number: 0206
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Kitchen: On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Wood Fireplace, 1st Flr Ensuite
  • Dining Room: On Level: 3
  • Family Room: On Level: Ground
  • Living Room: On Level: 3
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Loft, Pantry, Shipswatch, Media Room
  • Partial Bathrooms: 2
  • Optional Room 1: On Level: Ground

Exterior Features

  • Homebuilder: Mike Smith
  • Construction: Frame
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Custom, Private Pool
  • Roof: Metal
  • Street Frontage: 87
  • View: Ocean
  • Water Frontage: 87

Garage/Parking

  • Garage: 2 Car
  • Parking: Paved, Reserved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 1350
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200
  • Home Owner Dwelling Insurance: 12748

Lot Info

  • Estimated Lot Sq Ft: 18500
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: W
  • Lot Size: 87x245
  • Lot Number: Lot 29
  • Estimated Lot Size: 0.42
  • Deed Book: 1672

Rental Info

  • Lease Terms: Weekly
  • Other Expenses: 997
  • Other Expenses2: 974
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Atlantic Ocean Blue
  • Rental Cottage Number: SP5
  • Rental Phone Number: 252-261-2222
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 3094
  • Annual Electric: 6343
  • Annual Water Expense: 2452
  • Rental Contact Email: kami@brindleybeach.com
  • Rental Contact Name: Kami Trusz
  • Rental Contact Phone: 252-453-3000

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2020
  • Taxes: 11786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2023
Sold by
Brunson Adam S
Bought by
Condro Matthew S
Current Estimated Value
$3,628,010

Purchase Details

Listed on
Jun 23, 2020
Closed on
Nov 23, 2020
Sold by
Matthews William B and Wright Kenneth A
Bought by
Condro Matthew S and Brunson Adam S
Seller's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
List Price
$2,599,000
Sold Price
$2,500,000
Premium/Discount to List
-$99,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$200,000
Interest Rate
2.99%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Condro Matthew S -- None Listed On Document
Condro Matthew S $2,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Condro Matthew S $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/14/2020 12/14/20 Sold $2,500,000 -3.8% $403 / Sq Ft
09/23/2020 09/23/20 Pending -- -- --
06/23/2020 06/23/20 For Sale $2,599,000 -- $419 / 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
2025 $15,475 $3,426,600 $1,851,500 $1,575,100
2024 $17,715 $2,661,000 $1,246,100 $1,414,900
2023 $16,863 $2,717,596 $1,246,100 $1,471,496
2022 $16,863 $2,717,596 $1,246,100 $1,471,496
2021 $16,898 $2,717,596 $1,246,100 $1,471,496
2020 $16,221 $2,717,596 $1,246,100 $1,471,496
2019 $11,761 $1,655,000 $911,600 $743,400
2018 $11,802 $1,657,100 $911,600 $745,500
2017 $11,522 $1,657,100 $911,600 $745,500
2016 $10,777 $1,647,100 $911,600 $735,500
2014 $10,800 $1,647,100 $911,600 $735,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109809

Outer Banks Association of REALTORS®

APN: 030117000