NOT LISTED FOR SALE

196 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $2,165,000 - $3,159,000

6 Beds
6 Baths
3,874 Sq Ft
$721/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $815,000 $210 Per Sq Ft

Est. 240% increase in value since last sale

Current estimated payment $16,511/month

134 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Beamed Ceilings
  • Kitty Hawk Elementary School Rated 9+
  • Coastal Architecture
  • Garage

About This Home

As of December 2016

Property sold for lot value. Property sold as is, no repairs, credits or warranties will be provided by seller. House and most contents will convey at closing. Classic 1950's Southern Shores Flat-Top. Your opportunity to own a part of Southern Shores History. Home located at North end of Ocean Boulevard one of the most desirable areas on the Outer Banks.

Last Agent to Sell the Property

Thomas Harper

Keller Williams - Outer Banks License #54815 Listed on: 06/14/2016

Co-Listed By

Linda Harper

Howard Hanna Outer Banks Realt License #53439

Last Buyer's Agent

Thomas Harper

Keller Williams - Outer Banks License #54815 Listed on: 06/14/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,194

Year Built

  • Built in 1953

Lot Details

  • Lot Dimensions are 100 x 310
  • Beach Front
  • 101 Feet of Waterfront

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Bungalow
  • Slab Foundation
  • Rubber Roof
  • Wood Siding
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 3,874 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • 6 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 1-2 / 28

Community Details

Overview

  • Southern Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,194

Year Built

Built in 1953

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow, Coastal
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Smoke Detector(s)
  • Flood Zone: VE
  • Headline: OF Southern Shores 6 B/Room FT
  • Heated Sq Ft: 3874
  • L V T Date: 06/14/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0227
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Slab
  • Full Bathrooms: 6
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cedar Closet(s), Dryer Connection, Ice Maker Connection, Ensuite, Wet Bar, Wood Fireplace

Exterior Features

  • Construction: Block, Masonry, Wood
  • Exterior: Block, Vinyl, Wood
  • Roof: Rubber
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 101

Garage/Parking

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

Utilities

  • Cooling: Window Units
  • Heating: Baseboard
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 50

Lot Info

  • Lot Description: Beach Frontage
  • Lot Faces: E-W
  • Lot Size: 100 x 310
  • Lot Number: Lot 1-2
  • Deed Book: 1953

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Cottage Name: Toute De Suite
  • Rental Cottage Number: 4699
  • Rental Phone Number: 800-458-3830
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1953

Tax Info

  • Year: 2015
  • Taxes: 7194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2016
Closed on
Dec 16, 2016
Sold by
Bailey Brian M and Bailey Kathryn S
Bought by
196 Ocean Bay Blvd Llc
Seller's Agent
Thomas Harper
Keller Williams - Outer Banks
Buyer's Agent
Thomas Harper
Keller Williams - Outer Banks
List Price
$1,025,000
Sold Price
$815,000
Premium/Discount to List
-$210,000
-20.49%
Current Estimated Value
$2,772,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,957,411
Avg. Annual Appreciation
15.33%

Purchase Details

Listed on
Sep 22, 2012
Closed on
Mar 6, 2014
Sold by
Bailey Archur L
Bought by
Bailey Brian M and Bailey Kathryn S
Seller's Agent
Cam Foster
Default, Office
Buyer's Agent
David Hines
Howard Hanna Outer Banks Realt
List Price
$1,250,000
Sold Price
$850,000
Premium/Discount to List
-$400,000
-32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.50%
Original Mortgage
$235,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
196 Ocean Bay Blvd Llc $815,000 None Available
Bailey Brian M $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 196 Ocean Blvd Llc $1,450,000
Closed 196 Ocean Blvd Llc $1,538,000
Previous Owner Bailey Brian M $235,000
Previous Owner Bailey Brian M $417,000
Previous Owner Bailey Brian M $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2016 12/16/16 Sold $815,000 -20.5% $210 / Sq Ft
10/26/2016 10/26/16 Pending -- -- --
06/14/2016 06/14/16 For Sale $1,025,000 +20.6% $265 / Sq Ft
03/07/2014 03/07/14 Sold $850,000 -32.0% $219 / Sq Ft
02/08/2014 02/08/14 Pending -- -- --
09/22/2012 09/22/12 For Sale $1,250,000 -- $323 / 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 $14,352 $1,901,500 $907,400 $994,100
2023 $7,616 $1,941,264 $907,400 $1,033,864
2022 $14,323 $1,941,264 $907,400 $1,033,864
2021 $14,352 $1,941,264 $907,400 $1,033,864
2020 $11,576 $1,941,264 $907,400 $1,033,864
2019 $13,120 $1,852,900 $882,100 $970,800
2018 $6,092 $882,900 $882,100 $800
2017 $7,630 $1,095,100 $882,100 $213,000
2016 $7,187 $1,095,100 $882,100 $213,000
2014 $7,187 $1,095,100 $882,100 $213,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92753

Outer Banks Association of REALTORS®

APN: 022065000