NOT LISTED FOR SALE

2048 Martins Point Rd Kitty Hawk, NC 27949

Estimated Value: $1,907,000 - $2,283,917

1 Acre
$2,134,669 Price per Acre
43,500 Sq Ft Lot

Last Sold November 28, 2016

Last sale price $300,000

Est. 611% increase in value since last sale

Current estimated payment $12,657/month

361 Days on Market

Highlights

  • Views of a Sound
  • Boat Dock
  • Gated Community
  • Kitty Hawk Elementary School Rated 9+
  • Home fronts a sound
  • Community Playground

About This Lot

As of November 2016

Excellent opportunity to own a special Soundfront property in the exclusive gated community Martin's Point. This lot has had extensive work done to it in the past 18 months to include: bulkhead, rock drive/parking pad, 40 loads of dirt, extensive tree removal, some site work, raised garden and planted over 500 trees, ornamental grasses and shrubs planted on this lot and the lot to the N. Please ask your agent for a copy of the feature sheet that goes over in detail the complete list of plants, shrubs and trees that were planted.

Last Agent to Sell the Property

Pete Salitore

Default, Office License #180349 Listed on: 09/20/2015

Co-Listed By

Ken Baittinger

Landmark Sotheby's International Realty License #275379

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,044

Lot Details

  • 1 Acre Lot
  • Home fronts a sound

HOA Fees

  • $75 Monthly HOA Fees

Property Views

  • Views of a Sound

Listing and Financial Details

  • Tax Block 1

Community Details

Overview

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

Recreation

  • Boat Dock
  • Community Playground

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,044

Lot Details

0

HOA Fees

$75 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Thru gate to left
  • Flood Zone: AE
  • Subdivision Name: Martin's Point
  • Headline: Bulkheaded/Cleared/Landscaped
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 0307
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound

Utilities

  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Gated Community, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 895
  • Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Road Maintenance, Security

Lot Info

  • Estimated Lot Sq Ft: 43500
  • Lot Description: Bulkheaded, Water Frontage
  • Deed Book: 1947
  • Unit/Lot Number: Lot 28

Tax Info

  • Year: 2015
  • Taxes: 2044

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 20, 2015
Closed on
Nov 28, 2016
Sold by
Hess Timothy A and Hodges Gail
Bought by
Willey Hugh M and Willey Geraldine C
Seller's Agent
Pete Salitore
Default, Office
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$385,000
Sold Price
$300,000
Premium/Discount to List
-$85,000
-22.08%
Current Estimated Value
$2,131,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,831,729
Avg. Annual Appreciation
25.74%

Purchase Details

Closed on
Dec 6, 2013
Sold by
Ross Mitchell R and Ross Kathleen
Bought by
Hess Timothy A and Hall Susan T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Willey Hugh M $300,000 None Available
Hess Timothy A $318,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willey Hugh M $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2016 11/28/16 Sold $300,000 -22.1% --
09/15/2016 09/15/16 Pending -- -- --
09/20/2015 09/20/15 For Sale $385,000 -- --
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 $8,489 $1,411,100 $335,400 $1,075,700
2023 $8,381 $1,499,587 $335,400 $1,164,187
2022 $7,701 $1,403,000 $335,400 $1,067,600
2021 $7,561 $1,403,000 $335,400 $1,067,600
2020 $7,501 $1,395,600 $335,400 $1,060,200
2019 $6,134 $981,600 $353,100 $628,500
2018 $2,207 $353,100 $353,100 $0
2017 $2,185 $353,100 $353,100 $0
2016 $2,044 $353,100 $353,100 $0
2014 $2,044 $353,100 $353,100 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2016

    Pete Salitore

    Default, Office

  • Ken Baittinger

    Seller Co-Listing Agent in 2016

    Ken Baittinger

    Landmark Sotheby's International Realty

    (252) 305-5255

    3 in this area

    72 Total Sales

    Ken Baittinger
    Section Image
  • Hugh Willey

    Buyer's Agent in 2016

    Hugh Willey

    Sun Realty - KDH

    (252) 489-8491

    1 in this area

    86 Total Sales

    Hugh Willey
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89639

Outer Banks Association of REALTORS®

APN: 028571000

North Carolina Dare County Kitty Hawk 27949

2048 Martins Point Rd, Kitty Hawk, NC

This home is located at 2048 Martins Point Rd, Kitty Hawk, NC 27949 since 20 September 2015 and is currently estimated at $2,131,729. 2048 Martins Point Rd is a home located in Dare County with nearby schools including Kitty Hawk Elementary School, First Flight Middle School, and First Flight High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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