NOT LISTED FOR SALE

197 Schooner Ridge Dr E Kitty Hawk, NC 27949

Estimated Value: $1,224,000 - $1,456,000

6 Beds
4.5 Baths
3,229 Sq Ft
$407/Sq Ft Est. Value

Last Sold May 15, 2018

Last sale price $632,500 $196 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $7,483/month

211 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Home Theater
  • First Flight Middle School Rated A-
  • Health Club
  • In Ground Pool

About This Home

As of May 2018

What's Up Duck!? Views, elevation, amenities and the makings of a perfect vacation...that's what's up! This 6 bedroom house is perfectly sized to maximize income and enjoyment. The top floor features cathedral and coffered ceilings, a ships watch, a sun deck with ocean views and a master with ocean views. The mid-level features a quiet reading room and 3 bedrooms. The ground floor has 2 more bedrooms and a game room that features a pool table and opens to the pool area. The private pool is perfect for sun lovers! Schooner Ridge has a first class gym, indoor pool and 2 outdoor pools! 2018 prime weekly rental: $5295

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 09/01/2017

Last Buyer's Agent

William Hogan

Twiddy and Co. - Duck License #103949

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 2000

Lot Details

  • 0.34 Acre Lot
  • Property fronts a private road

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,229 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Corian Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Covered Deck

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

  • Association fees include common electric, common insurance, management, pool, road maintenance, tennis courts, walkways
  • Schooner Ridge Subdivision

Recreation

  • Community Beach Access
  • Health Club
  • Tennis Courts
  • Community Indoor Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,755

Year Built

Built in 2000

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Cottage
  • Directions: Second left on Schooner Ridge, House is on the left.
  • Extras: Beach Access, Covered Decks, Hot Tub, Outside Shower, Dry Entry
  • Flood Zone: X
  • Headline: What's Up Duck?
  • Heated Sq Ft: 3229
  • L V T Date: 09/01/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: Res
  • Deed Book Pg Number: 0188
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: No
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: No
  • W And R Studios: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator w/Ice Maker, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Laminate, Corian
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ice Maker Connection
  • Optional Rooms: Game Room, Shipswatch, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached, Carport
  • Parking: Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool, Road Maintenance, Tennis Courts, Walkways
  • Association Amenities: Health Club, Indoor-Comm. Pool, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 2100

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Number: Lot 29
  • Estimated Lot Size: 0.34
  • Deed Book: 2027

Rental Info

  • Est Annual Rental Income: 60484
  • Estimated Rental Performance: 0.0956
  • Lease Terms: Weekly
  • Other Expenses: 213300
  • Rental Co: Sun Realty
  • Rental Cottage Name: What's Up Duck?
  • Rental Cottage Number: 174
  • Rental Turnover Day: Saturday
  • Rental Contact Email: deannacherry@sunrealty.com
  • Rental Contact Name: DeAnna Cherry
  • Rental Contact Phone: 261-7911

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2017
  • Taxes: 3755.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2019
Sold by
Epright Matthew L
Bought by
Eppright Patra O
Current Estimated Value
$1,314,094

Purchase Details

Listed on
Sep 1, 2017
Closed on
May 8, 2018
Sold by
Bassford Stephen L
Bought by
Eppright Matthew L and Eppright Patra O
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
William Hogan
Twiddy and Co. - Duck
List Price
$665,000
Sold Price
$632,500
Premium/Discount to List
-$32,500
-4.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.03%
Original Mortgage
$632,500
Interest Rate
4.7%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 2015
Sold by
Bassford Marilyn L
Bought by
Bassford Stephen L

Purchase Details

Closed on
Feb 2, 2010
Sold by
Koppelman Christopher H and Koppelman Donna J
Bought by
Bassford Stephen L and Bassford Marilyn L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.16%
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
Eppright Patra O -- --
Eppright Matthew L $632,500 --
Bassford Stephen L -- Attorney
Bassford Stephen L $655,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eppright Matthew L $632,500
Previous Owner Bassford Stephen L $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2018 05/15/18 Sold $632,500 -4.9% $196 / Sq Ft
03/31/2018 03/31/18 Pending -- -- --
09/01/2017 09/01/17 For Sale $665,000 -- $206 / 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 $5,316 $1,171,700 $499,500 $672,200
2024 $4,493 $671,300 $229,500 $441,800
2023 $2,689 $688,972 $229,500 $459,472
2022 $4,275 $688,972 $229,500 $459,472
2021 $4,286 $688,972 $229,500 $459,472
2020 $3,838 $688,972 $229,500 $459,472
2018 $3,838 $536,100 $213,300 $322,800
2017 $3,755 $536,100 $213,300 $322,800
2016 $3,534 $536,100 $213,300 $322,800
2014 $3,534 $536,100 $213,300 $322,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97654

Outer Banks Association of REALTORS®

APN: 026469029