NOT LISTED FOR SALE

2008 Martins Point Rd Kitty Hawk, NC 27949

Estimated Value: $817,000 - $1,100,000

4 Beds
2.5 Baths
2,304 Sq Ft
$393/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $400,000 $174 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,207/month

177 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Views of a Sound
  • Gated Community
  • First Flight Middle School Rated A-
  • Community Boat Dock
  • 51,400 Sq Ft lot

About This Home

As of February 2018

Older home on the sound just right for getting your family on the sound for a very low price. Come see! Beautiful sunsets, 1.18 acre lot, 100' x over 500' - very private! Best value in Martin's Point! Call me today!

Last Agent to Sell the Property

David Watson

Southern Shores Realty License #29736 Listed on: 08/06/2017

Co-Listed By

Carol Mercer

Southern Shores Realty License #237920

Last Buyer's Agent

Joseph Staten

OBX Island Realty License #270090

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,504

Year Built

  • Built in 1983

Lot Details

  • 1.18 Acre Lot
  • Lot Dimensions are 100x514
  • 100 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Wooded Lot

HOA Fees

  • $77 Monthly HOA Fees

Home Design

  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding

Interior Spaces

  • 2,304 Sq Ft Home
  • Wood Burning Fireplace
  • Views of a Sound
  • Washer

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Unpaved Parking

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 18 / 1

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, road maintenance, security
  • Martin's Point Subdivision

Recreation

  • Community Boat Dock

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,504

Year Built

Built in 1983

Lot Details

1.18 Acres

HOA Fees

$77 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Dutch Colonial
  • Directions: Go thru the gate. Go to Martin's Point Road. House is on the sound at 2008, about 2/5 of a mile from the gate.
  • Extras: Garage Door Opener
  • Flood Zone: AE
  • Headline: Sound Front!!!
  • Heated Sq Ft: 2304
  • L V T Date: 08/06/2017
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Soundfront
  • Zoning: RES
  • Office License Number: C10210
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Masonry
  • Full Bathrooms: 2
  • Interior Amenities: Dryer Connection, Wood Fireplace
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Sound
  • Water Frontage: 100

Garage/Parking

  • Garage: 2 Car, Attached
  • Garage Sq Ft: 484
  • Parking: Paved, Unpaved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Security
  • Association Amenities: Boat Ramp, Boat Dock, Gated Community, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 921

Lot Info

  • Estimated Lot Sq Ft: 51400
  • Lot Description: Bulkheaded, Water Frontage, Wooded
  • Lot Faces: West
  • Lot Size: 100X514
  • Lot Number: Lot 18

Rental Info

  • Other Expenses: 388700

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2017
  • Taxes: 3504.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2017
Closed on
Feb 21, 2018
Sold by
Sanford Dana E and Sanford David B
Bought by
Olson David G and Olson Deborah S
Seller's Agent
David Watson
Southern Shores Realty
Buyer's Agent
Joseph Staten
OBX Island Realty
List Price
$434,500
Sold Price
$400,000
Premium/Discount to List
-$34,500
-7.94%
Current Estimated Value
$905,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,365
Avg. Annual Appreciation
10.64%
Original Mortgage
$360,000
Outstanding Balance
$306,103
Interest Rate
4.15%
Mortgage Type
New Conventional
Estimated Equity
$599,262
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
Olson David G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson David G $360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2018 02/28/18 Sold $400,000 -7.9% $174 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/13/2018 01/13/18 For Sale $434,500 0.0% $189 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/09/2017 11/09/17 Price Changed $434,500 -3.3% $189 / Sq Ft
10/23/2017 10/23/17 Price Changed $449,500 -5.3% $195 / Sq Ft
09/18/2017 09/18/17 Price Changed $474,900 -5.0% $206 / Sq Ft
08/06/2017 08/06/17 For Sale $499,900 -- $217 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $3,505 $894,000 $503,700 $390,300
2024 $3,285 $583,700 $372,000 $211,700
2023 $3,262 $583,700 $372,000 $211,700
2022 $3,204 $583,700 $372,000 $211,700
2021 $3,146 $583,700 $372,000 $211,700
2020 $3,137 $583,700 $372,000 $211,700
2019 $3,538 $566,200 $388,700 $177,500
2018 $3,538 $566,200 $388,700 $177,500
2017 $3,504 $566,200 $388,700 $177,500
2016 $3,278 $566,200 $388,700 $177,500
2014 $3,278 $566,200 $388,700 $177,500
Source: Public Records

Agents Affiliated with this Home

  • David Watson

    Seller's Agent in 2018

    David Watson

    Southern Shores Realty

    (252) 473-7990

    17 in this area

    31 Total Sales

    David Watson
    Section Image
  • Carol Mercer

    Seller Co-Listing Agent in 2018

    Carol Mercer

    Southern Shores Realty

    (252) 996-0030

    3 in this area

    5 Total Sales

    Carol Mercer
    Section Image
  • Joseph Staten

    Buyer's Agent in 2018

    Joseph Staten

    OBX Island Realty

    (252) 982-6136

    12 in this area

    87 Total Sales

    Joseph Staten
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97377

Outer Banks Association of REALTORS®

APN: 017887000

North Carolina Dare County Kitty Hawk 27949

2008 Martins Point Rd, Kitty Hawk, NC

Not Listed for Sale

Detached

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