NOT LISTED FOR SALE

2 2nd Ave Kitty Hawk, NC 27949

Estimated Value: $1,999,000 - $3,720,000

5 Beds
5 Baths
3,200 Sq Ft
$886/Sq Ft Est. Value

Last Sold April 30, 2014

Last sale price $1,150,000 $359 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $16,680/month

19 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Coastal Architecture
  • Kitty Hawk Elementary School Rated 9+
  • Concrete Pool
  • Furnished

About This Home

As of April 2014

Situated on a rare lot featuring 150 FEET OF OCEANFRONT--this exceptional 5 Bedroom 5 Bath Southern Shores property features a chef's kitchen fully equipped with a 6 burner gas stove, center island, and modern appliances. The open dining and living areas boast gracious ocean views, 9 ft. ceilings, a cozy fireplace, and wet bar. Generous Oceanfront decks, and a sheltered oversize screened porch extend the homes square footage. The 50 ft. heated lap swimming pool is sheltered from the north winds. A 2007 addition features a private guest suite complete with a kitchenette, living area, and separate entrance.

Last Agent to Sell the Property

Jack Marshall

Shore Advantage Realty-KH License #201176 Listed on: 01/16/2014

Last Buyer's Agent

John Thompson

Windswept Properties, LLC License #187607

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,813

Year Built

  • Built in 1968

Lot Details

  • Beach Front
  • Property is zoned RS-1

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Ranch Style House
  • Slab Foundation
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 3,200 Sq Ft Home
  • Wet Bar
  • Furnished
  • Beamed Ceilings
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Screened Porch
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • In-Law or Guest Suite
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool

Outdoor Features

  • Sun Deck

Utilities

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

Community Details

  • Sea Crest Villg Subdivision

Listing and Financial Details

  • Legal Lot and Block 1 Pt 2 / 47

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,813

Year Built

Built in 1968

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch, Coastal
  • Directions: Oceanfront at left end of 2nd ave
  • Extras: Beach Access, Screened Porch, Sun Deck
  • Flood Zone: VE
  • Heated Sq Ft: 3200
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RS-1
  • Deed Book Pg Number: 0430
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Tile
  • Foundation: Masonry, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Beamed Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: In-Law Apartment

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Concrete, Custom, Heated
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Oilgas Severed Pre Owner: No Representation
  • 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 Number: Lot 1 Pt 2
  • Deed Book: 1172

Rental Info

  • Est Annual Rental Income: 65000
  • Estimated Rental Performance: 0.0565
  • Rental Co: Joe Lamb Realty

Building Info

  • Year Built: 1968

Tax Info

  • Year: 2013
  • Taxes: 7813

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2014
Closed on
Apr 25, 2014
Sold by
Oliver R Teel
Bought by
Edgar Todd A and Edgar Babette S
Seller's Agent
Jack Marshall
Shore Advantage Realty-KH
Buyer's Agent
John Thompson
Windswept Properties, LLC
List Price
$1,225,000
Sold Price
$1,150,000
Premium/Discount to List
-$75,000
-6.12%
Current Estimated Value
$2,834,487

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,684,487
Avg. Annual Appreciation
8.29%
Original Mortgage
$417,000
Outstanding Balance
$319,196
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$2,515,291
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
Edgar Todd A $1,150,000 Lt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edgar Todd A $417,000
Previous Owner Oliver R Teel $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2014 04/30/14 Sold $1,150,000 -6.1% $359 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
01/16/2014 01/16/14 For Sale $1,225,000 -- $383 / 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 $15,146 $2,014,700 $1,059,200 $955,500
2023 $15,047 $2,039,400 $1,059,200 $980,200
2022 $15,047 $2,039,400 $1,059,200 $980,200
2021 $15,047 $2,039,400 $1,059,200 $980,200
2020 $12,161 $2,039,400 $1,059,200 $980,200
2019 $12,960 $1,839,200 $1,056,600 $782,600
2018 $12,960 $1,839,200 $1,056,600 $782,600
2017 $11,315 $1,612,100 $1,056,600 $555,500
2016 $10,657 $1,611,800 $1,056,600 $555,200
2014 $7,813 $1,192,900 $1,009,600 $183,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81917

Outer Banks Association of REALTORS®

APN: 021058000