NOT LISTED FOR SALE

181 Ocean Way Kitty Hawk, NC 27949

Estimated Value: $1,817,494 - $2,130,000

6 Beds
5.5 Baths
3,768 Sq Ft
$520/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $1,000,000 $265 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $11,393/month

67 Days on Market

Highlights

  • Community Beach Access
  • Ocean Front
  • Second Refrigerator
  • Kitty Hawk Elementary School Rated 9+
  • Concrete Pool
  • Cathedral Ceiling

About This Home

As of December 2016

Steps to the ocean! Breathless views of the Atlantic Ocean in this updated semi-oceanfront home with tons of room for the investment buyer. Reverse floor plan with expansive open third floor with windows galore to view the Ocean while you enjoy the good times. Beautiful hardwood floors have recently been refinished in living, dining and kitchen areas, which have also been repainted. All stainless appliances with exception of dishwasher. Gigantic dining space and bar for the largest of parties and get-togethers. Breakfast nook is tucked in the south end of the third floor for enjoying the morning sun. Beautiful window treatments to provide privacy but also allows the light to come into this open area. Living room has gas fireplace for cooler nights for the fall and winter with large mounted flat screen tv with awesome electronics to enjoy. The great room, dining and kitchen all have beautiful cathedral ceilings that make the upstairs open and bright. Off the living area is a powder bath with a hallway leading directly to a master suite with walk in closet. The ocean views are beautiful to see and the ocean breezes will help you get a peaceful rest. Master bath has a Jacuzzi bath and a walk in shower. Second level has three master suites and the largest also has a jacuzzi tub. Also on the mid-level is a den for a quiet place to read a great book or sip your favorite beverage away from the rest of the crowd. Outside on this level you have a covered area with chairs and hammock to relax in the ocean breeze. At ground level there are another two bedrooms and a shared hallway bath. The recreation room is large with wet bar area with refrigerator and large pool table for fun inside. The west side of the room opens to a large in-ground pool and lovely fenced yard with a horse shoe pit. Enjoy some basketball with the regulation backboard for hoop lovers in the front yard. Sea Pines has community pool and tennis and walkway to the ocean.

Last Agent to Sell the Property

Kathy Sawyer

Village Realty Holdings, LLC - Corolla License #88741 Listed on: 08/15/2016

Last Buyer's Agent

Nancy Bailey

Beach Realty & Construction License #219477

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,926

Year Built

  • Built in 1999

Lot Details

  • 0.38 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Level Lot

HOA Fees

  • $108 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,768 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Utility Room
  • Dryer
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Zoned Heating and Cooling
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 24

Community Details

Overview

  • Association fees include pool, road maintenance, tennis courts, walkways
  • Built by OLIN FINCH
  • Seapines Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,926

Year Built

Built in 1999

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: TAKE A RIGHT ONTO SCARBOROUGH LANE OFF OF NC 12 IN DUCK. GO TO THE END AND GO RIGHT ONTO OCEAN WAY COURT
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Sun Deck
  • Headline: SELLER WILL ENTERTAIN OFFERS!
  • Heated Sq Ft: 3768
  • L V T Date: 08/16/2016
  • Roads: Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 0043
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: Ground
  • Bedroom 6: On Level: Ground
  • Kitchen: On Level: 2
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection
  • Dining Room: On Level: 2
  • Living Room: On Level: 2
  • Optional Rooms: Breakfast Nook
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: OLIN FINCH
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: In Ground, Concrete, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 1300
  • Home Owner Dwelling Insurance: 6263

Lot Info

  • Estimated Lot Sq Ft: 16500
  • Lot Description: Cul-de-sac, Level
  • Lot Faces: E
  • Lot Number: Lot 24
  • Deed Book: 1865

Rental Info

  • Flood Expenses: 1018
  • Other Expenses: 397300
  • Poolspa Expense: 1800
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Southern Drawl
  • Rental Cottage Number: B240
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2015
  • Taxes: 5926.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2016
Closed on
Dec 8, 2016
Sold by
Silbernagel Susan M
Bought by
Ritchy Robert Anthony and Ritchy Michelle S
Seller's Agent
Kathy Sawyer
Village Realty Holdings, LLC - Corolla
Buyer's Agent
Nancy Bailey
Beach Realty & Construction
List Price
$1,199,000
Sold Price
$1,000,000
Premium/Discount to List
-$199,000
-16.6%
Current Estimated Value
$1,957,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$957,624
Avg. Annual Appreciation
7.99%
Original Mortgage
$257,000
Outstanding Balance
$208,929
Interest Rate
3.57%
Mortgage Type
New Conventional
Estimated Equity
$1,748,695

Purchase Details

Closed on
Apr 27, 2011
Sold by
Weismiller Scott and Weismiller Kathleen
Bought by
Silbernagel Susan M and Silbernagel Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
4.74%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ritchy Robert Anthony $1,000,000 Attorney
Silbernagel Susan M $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ritchy Robert Anthony $257,000
Previous Owner Silbernagel Susan M $460,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $1,000,000 -16.6% $265 / Sq Ft
10/21/2016 10/21/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $1,199,000 -- $318 / 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 $7,668 $1,155,900 $634,900 $521,000
2023 $7,315 $1,176,740 $634,900 $541,840
2022 $7,302 $1,176,740 $634,900 $541,840
2021 $7,315 $1,176,740 $634,900 $541,840
2020 $7,024 $1,176,740 $634,900 $541,840
2019 $6,581 $926,000 $507,900 $418,100
2018 $6,596 $926,000 $507,900 $418,100
2017 $6,453 $926,000 $507,900 $418,100
2016 $5,926 $926,000 $507,900 $418,100
2014 $5,926 $926,000 $507,900 $418,100
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93433

Outer Banks Association of REALTORS®

APN: 030112000