NOT LISTED FOR SALE

188 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $1,987,000 - $4,016,000

9 Beds
10 Baths
5,032 Sq Ft
$657/Sq Ft Est. Value

Last Sold February 14, 2022

Last sale price $3,445,000 $685 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $19,125/month

115 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Boat Dock
  • Kitty Hawk Elementary School Rated 9+
  • Ocean View
  • Home Theater

About This Home

As of February 2022

Endless Summers....we all want them and now you can make it a reality. This Coastal Retreat is making over 314,000 in 2021 and guests rave about all it offers year after year. A True Luxury Beachfront Estate with High Quality Finishes and styled after a Craftsman feel with a beachy, elegant and charming flavor...a little twist to capture everyone's ideal style! Walking in you are instantly in a Laid back state of mind as the swanky mixes of character and charm create an atmosphere with all of the ideal elements needed in a beach home. Quality-Aura-Views and Income !! Located on a large Ocean Front Lot on the beach road split in Southern Shores and known as a quiet area that's tucked away from the crowds. Built with pride by RM Saunders as a Luxury Beachfront Estate with High Quality Offering an exquisite feel with high caliber finishes throughout, including impressive Cathedral Ceilings, Exposed Beam Decks, top notch Trim, Stainless Steel Cable Rails, LP Smart Siding, Imported Tile Plank Flooring, Walk in Tiled Showers, Grand Fixtures, 3 Floor Elevator, Oversized Luxury Kitchen, Stylish Furnishings, Large Theatre Room with Plush Seating, Game Room, Flat Screens in all bedrooms and living areas, Large Bar and Kitchenette that feels more like a full kitchen...it keeps going. The Views... ours are the best in town with two ultra wide floors of Solid Atlantic Ocean Views and weather proofed Covered deck spaces to enjoy the Salt Air and Sunrises! The Interior appeal is accentuated in the home's abundant natural lighting. The light coastal colors really Pop in the abundance of light that comes through the oversized solid picture windows. An Architectural design sure to impress your most discerning clients. Outside Living... We all crave it and this one has plenty of it. Beyond the decks, this home was designed with a ground level covered area that offers an abundance of outdoor living spaces with plenty of sun, shade and ocean breezes. An outdoor game area with exterior furnishings, Extra large storage room for beach equipment or owner lock up and a half bath off the outside shower. The irrigated multitude of Green yard spaces allow your guests, dogs and family something to to make memories on. Its rare to find usable yard space on an Ocean Front - just another thoughtful concept to the overall design blending the yard space and home into the pool and waterfall area perfectly. Home produces Big Income and 2021 has confirmed rent at $314,000plus !! Call me or your broker to see the cash flow proforma creating a positive 50,000 + per year. Location, Stylish, Condition, and solid income equals a big win in this market. The Outer Banks secret is out and Inventory of high end homes is minimal. Come see why so many have purchased here this year... The white sand beaches of Southern Shores have a peaceful feel and offer a variety of great sandbars. Our shores offer world class inshore and offshore fishing as well as some of the best Surfing the East Coast Offers. Call me today for a private tour. Shown on turnover day only. Copy and paste the following into your browser for the Virtual Tour!! https://www.dropbox.com/sh/2wbuvdd27gv1we1/AABMeuWYsJXpvrr-x5pSU_hBa?dl=0&preview=188+Ocean+Blvd+Full+UNBRANDED.mp4

Last Agent to Sell the Property

Shane Collins

SERHANT North Carolina LLC License #271508 Listed on: 09/03/2021

Last Buyer's Agent

Patricia Lusk

Century 21 Nachman Realty License #273387

Century 21 Nachman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,729

Year Built

  • Built in 2017

Lot Details

  • 0.59 Acre Lot
  • Lot Dimensions are 77 x 352 x 75 x 335
  • Beach Front
  • 75 Feet of Waterfront
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is zoned RS-1

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 5,032 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Bay Window
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Garage
  • Carport

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 19 / 27

Community Details

Overview

  • Association fees include common insurance, walkways
  • Southern Shores Civic Assoc Association
  • Built by Randy Saunders
  • Southern Shores Subdivision

Amenities

  • Common Area

Recreation

  • Boat Dock
  • Community Boardwalk
  • Community Beach Access
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,729

Year Built

Built in 2017

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal
  • Directions: Take the Old Split to stay right on Ocean Blvd and travel half way up. Between Dolphin Run and Dogwood Trail.
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Fenced Yard, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: AO, VE
  • Subdivision Name: SO/SH AMENDED PLAT B SEC 3
  • Headline: Best in Show Category
  • Heated Sq Ft: 5032
  • L V T Date: 09/03/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: RS-1
  • Advertised Income 2020: 275320
  • Advertised Income 2021: 314859
  • Advertised Income 2022: 272730
  • Deed Book Pg Number: 340
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer, Wine Cooler
  • Bedrooms: 9
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Plank
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Bay/Bow Window, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Foyer, Game Room, Pantry, Utility Room, Home Theater, Media Room
  • Partial Bathrooms: 3

Exterior Features

  • Homebuilder: Randy Saunders
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 77
  • View: Ocean
  • Water Frontage: 75

Garage/Parking

  • Garage: 3 + Car, Carport
  • Parking: Paved

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Septic Fee: 600
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Walkways
  • Association Amenities: Boat Ramp, Ocean Access, Park, Playground, Sound Access, Common Area
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 95
  • Hoa Contact: Southern Shores Civic Assoc
  • HOA Contact: https://www.sscaobx.org/
  • Home Owner Dwelling Insurance: 7750

Lot Info

  • Estimated Lot Sq Ft: 25764
  • Lot Description: Beach Frontage, Easement(s), Level, Water Frontage
  • Lot Faces: W
  • Lot Size: 77 x 352 x 75 x 335
  • Lot Number: Lot 19
  • Estimated Lot Size: 0.59
  • Deed Book: 2469

Rental Info

  • Flood Expenses: 4592
  • Lease Terms: Weekly
  • Other Expenses: 1500
  • Other Insurance Expenses: 1800
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Endless Summer
  • Rental Cottage Number: 080
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 3250
  • Annual Electric: 8000
  • Annual Water Expense: 1300
  • Rental Contact Email: kip.mcdonald@carolinadesigns.com
  • Rental Contact Name: Kip McDonald
  • Rental Contact Phone: 252-261-3934

Building Info

  • Year Built: 2017

Tax Info

  • Year: 2021
  • Taxes: 18729.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 6, 2022
Sold by
Canyamel Living Trust
Bought by
Canyamel Living Trust
Total Days on Market
115
Current Estimated Value
$3,308,004

Purchase Details

Listed on
Sep 3, 2021
Closed on
Feb 14, 2022
Sold by
Endless Summer Obx 1 Llc
Bought by
Robichaux Alexi
Seller's Agent
Shane Collins
SERHANT North Carolina LLC
Buyer's Agent
Patricia Lusk
Century 21 Nachman Realty
List Price
$3,499,000
Sold Price
$3,445,000
Premium/Discount to List
-$54,000
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.21%

Purchase Details

Listed on
Nov 5, 2018
Closed on
Feb 12, 2021
Sold by
188 Ocean Blvd Llc
Bought by
Endless Summer Obx 1 Llc
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Shane Collins
SERHANT North Carolina LLC
List Price
$2,595,000
Sold Price
$2,495,000
Premium/Discount to List
-$100,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.64%
Original Mortgage
$1,996,000
Interest Rate
2.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2016
Sold by
Queen Lawrence E and Queen Carolyn A
Bought by
188 Ocean Blvd Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
3.57%
Mortgage Type
Commercial

Purchase Details

Listed on
Apr 24, 2016
Closed on
Jun 30, 2016
Sold by
Florence Cecelia M
Bought by
Queen Lawrence E
Seller's Agent
Michael Ross
Southern Shores Realty
Buyer's Agent
Michael Ross
Southern Shores Realty
List Price
$849,900
Sold Price
$825,000
Premium/Discount to List
-$24,900
-2.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.78%

Purchase Details

Closed on
Mar 23, 2016
Sold by
Florence Gregory W and Florence Cecelia M
Bought by
Florence Cecelia M
Source: Public Records

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Range of Values:

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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
Canyamel Living Trust -- Bc Law Firm Pa
Robichaux Alexi $20,670,000 None Listed On Document
Endless Summer Obx 1 Llc $2,495,000 None Listed On Document
Endless Summer Obx 1 Llc $2,495,000 None Available
188 Ocean Blvd Llc -- None Available
Queen Lawrence E $825,000 None Available
Florence Cecelia M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Endless Summer Obx 1 Llc $1,996,000
Previous Owner 188 Ocean Blvd Llc $1,400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2022 02/14/22 Sold $3,445,000 -1.5% $685 / Sq Ft
12/27/2021 12/27/21 Pending -- -- --
09/03/2021 09/03/21 For Sale $3,499,000 +40.2% $695 / Sq Ft
02/12/2021 02/12/21 Sold $2,495,000 -3.9% $504 / Sq Ft
12/19/2020 12/19/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $2,595,000 0.0% $524 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/05/2018 11/05/18 For Sale $2,595,000 +214.5% $524 / Sq Ft
07/01/2016 07/01/16 Sold $825,000 -2.9% $635 / Sq Ft
05/02/2016 05/02/16 Pending -- -- --
04/24/2016 04/24/16 For Sale $849,900 -- $654 / 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 $18,729 $2,465,100 $797,000 $1,668,100
2023 $18,680 $2,531,824 $797,000 $1,734,824
2022 $18,680 $2,531,824 $797,000 $1,734,824
2021 $18,729 $2,531,824 $797,000 $1,734,824
2020 $15,097 $2,531,824 $797,000 $1,734,824
2019 $11,274 $1,595,600 $828,400 $767,200
2018 $11,274 $1,595,600 $828,400 $767,200
2017 $6,995 $1,013,800 $828,400 $185,400
2016 $6,397 $980,000 $895,500 $84,500
2014 $6,397 $980,000 $895,500 $84,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115980

Outer Banks Association of REALTORS®

APN: 026101000