NOT LISTED FOR SALE

198 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $2,119,000 - $3,100,238

0.65 Acre
$4,063,938 Price per Acre
28,314 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $1,780,000

Est. 42% increase in value since last sale

Current estimated payment $15,140/month

106 Days on Market

Highlights

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

About This Lot

As of October 2022

An Incredibly Cool Ocean Front and the only one of its kind available for sale as we rarely see lots in the legendary split road area of Southern Shores come up for sale. Families tend to pass these lots along to the next generation so consider yourself very lucky. 98 Ocean Blvd. commands attention as its a Location...Location...LOCATION!! Known amongst locals as the best area in Southern Shores and anywhere along the shores of the Outer Banks. Offering very little traffic flow and one of the quietest areas our beach offers from the split access where speed limits drop, lot sizes increase, Wide beaches abound and neighbors that smile and wave :) It's easy to find yourself dreaming of a new Ocean Front build RIGHT HERE at 198 OB in lieu of all the old worn options currently on the market. It is all or nothing in this market and we invite you to stay a while. Sellers had begun the process of Architectural planning with a renowned local builder prior to listing for sale. Call for details on how you can make dreams a Reality! Southern Shores also offers a Sound Beach Park, Tennis Courts, Picnic Area, Playground and Two Marinas! New Survey on File. Southern Shores planning department says this Lot will suit a Grand 5,000 Sq. Ft. 7 bedroom home with only a 60' Oceanside setback. If a larger home is in your cards going to 120 Feet back will allow for an even larger home. Adding additional rooms if desired is obtainable as well. Please call me directly for additional details including builder options.

Last Agent to Sell the Property

Shane Collins

SERHANT North Carolina LLC License #271508 Listed on: 05/19/2022

Last Buyer's Agent

Heather McLay

Landmark Sotheby's International Realty License #188982

Landmark Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,982

Lot Details

  • 0.65 Acre Lot
  • Lot Dimensions are 75x381.82x75.54x372.78
  • Beach Front
  • 76 Feet of Waterfront
  • Property is zoned RS1

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Block 28

Community Details

Overview

  • Association fees include tennis courts, walkways
  • Southern Shores Civic Assoc Association
  • Southern Shores Subdivision

Recreation

  • Boat Dock
  • Community Beach Access
  • Park

Property Details

Property Type

Land

Est. Annual Taxes

$5,982

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: North on Ocean Blvd, stay right at the split. 2nd lot north of the beach access across from Pompano Ct.
  • Flood Zone: VE, X
  • Headline: The Primo Ocean Front Lot
  • L V T Date: 05/19/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: RS1
  • Deed Book Pg Number: 564
  • 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: LotsLands

Exterior Features

  • Street Frontage: 75
  • View: Ocean
  • Water Frontage: 76

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Ocean Access, Outdoor-off Site Tennis, Park, Sound Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 95
  • Hoa Contact: Southern Shores Civic Assoc
  • HOA Contact: https://www.sscaobx.org/
  • Fee Includes: Tennis Courts, Walkways

Lot Info

  • Estimated Lot Sq Ft: 28298
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: W
  • Lot Size: 75x381.82x75.54x372.78
  • Estimated Lot Size: 0.65
  • Deed Book: 2608
  • Unit/Lot Number: Lot 3R

Tax Info

  • Year: 2022
  • Taxes: 5982.08

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Oct 7, 2022
Sold by
E Ndless Summer Obx 1 Llc
Bought by
Julian Lloyd V
Seller's Agent
Shane Collins
SERHANT North Carolina LLC
Buyer's Agent
Heather McLay
Landmark Sotheby's International Realty
List Price
$1,999,000
Sold Price
$1,780,000
Premium/Discount to List
-$219,000
-10.96%
Current Estimated Value
$2,535,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$755,323
Avg. Annual Appreciation
14.91%

Purchase Details

Listed on
Mar 23, 2022
Closed on
Apr 6, 2022
Sold by
Brown Ernest T
Bought by
Endless Summer Obx 1 Llc
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Shane Collins
SERHANT North Carolina LLC
List Price
$1,899,000
Sold Price
$1,900,000
Premium/Discount to List
$1,000
0.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.23%

Purchase Details

Listed on
Mar 26, 2018
Closed on
Jul 6, 2018
Sold by
Jeane Thistlethwaite Ret
Bought by
Brown Ernest T
Seller's Agent
Ernest Evans
Outer Banks Home Search
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$990,000
Sold Price
$750,000
Premium/Discount to List
-$240,000
-24.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.13%
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
Julian Lloyd V $10,680,000 --
Endless Summer Obx 1 Llc $11,400,000 Mccown Linda H
Brown Ernest T $750,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lloyd Julian $1,565,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2022 10/07/22 Sold $1,780,000 -6.1% --
09/02/2022 09/02/22 Pending -- -- --
08/20/2022 08/20/22 Price Changed $1,895,000 -2.8% --
07/13/2022 07/13/22 Price Changed $1,949,000 -2.5% --
05/19/2022 05/19/22 For Sale $1,999,000 +5.2% --
04/06/2022 04/06/22 Sold $1,900,000 +0.1% --
03/25/2022 03/25/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $1,899,000 +153.2% --
07/06/2018 07/06/18 Sold $750,000 -24.2% --
06/23/2018 06/23/18 Pending -- -- --
03/26/2018 03/26/18 For Sale $990,000 -- --
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 $15,016 $2,035,300 $810,800 $1,224,500
2023 $3,247 $810,800 $810,800 $0
2022 $5,982 $810,800 $810,800 $0
2021 $5,982 $810,800 $810,800 $0
2020 $4,835 $810,800 $810,800 $0
2019 $5,439 $788,200 $788,200 $0
2018 $3,645 $788,200 $788,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118927

Outer Banks Association of REALTORS®

APN: 022066000