NOT LISTED FOR SALE

228 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $1,211,000 - $5,661,585

3 Beds
2 Baths
2,925 Sq Ft
$1,175/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $905,000 $309 Per Sq Ft

Est. 249% increase in value since last sale

Current estimated payment $18,950/month

216 Days on Market

About This Home

As of August 2013

Two little cottages on One WIDE 100' Oceanfront Lot. Bank Owned. One cottage is oceanfront and the other is behind it. Super location in Southern Shores with a great beach. Each cottage offers 3 Bedrooms and Two Baths. This is a great opportunity to have a rental and a second home, or Two rentals or Two vacation homes, one for you and one for family and friends. So many possibilities on this beautiful Oceanfront location.

Last Agent to Sell the Property

Michael Davenport

Sun Realty - KDH License #82882 Listed on: 12/14/2012

Co-Listed By

LeAnne Wiggins

Sun Realty - KDH License #182819

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,356

Year Built

  • Built in 1955

Lot Details

  • 0.62 Acre Lot
  • 100 Feet of Waterfront
  • Ocean Front

Home Design

  • 2,925 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Community Details

  • Southern Shores Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 30 31 / 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,356

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Bank Owned: Yes
  • Subdivision Name: Southern Shores Amended
  • Headline: Bank Owned Oceanfront
  • Heated Sq Ft: 2925
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0229
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Street Frontage: 100
  • Water Frontage: 100

Lot Info

  • Estimated Lot Sq Ft: 27000
  • Lot Number: Lot 30 31
  • Deed Book: 1798

Rental Info

  • Other Expenses: 1293200

Building Info

  • Year Built: 1955

Tax Info

  • Year: 2012
  • Taxes: 6356.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2012
Closed on
Aug 30, 2013
Sold by
Southern Bank And Trust Co
Bought by
Lischick Walter and Lischick Karen
Seller's Agent
Michael Davenport
Sun Realty - KDH
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,100,000
Sold Price
$905,000
Premium/Discount to List
-$195,000
-17.73%
Current Estimated Value
$3,156,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,251,706
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
Dec 3, 2012
Sold by
Hranowskyj George P and Hranowskyj Kathleen
Bought by
Southern Bank And Trust Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lischick Walter $905,000 None Available
Southern Bank And Trust Company $963,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $905,000 -17.7% $309 / Sq Ft
07/18/2013 07/18/13 Pending -- -- --
12/14/2012 12/14/12 For Sale $1,100,000 -- $376 / 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 $30,695 $5,874,700 $1,911,000 $3,963,700
2024 $22,444 $2,961,200 $941,900 $2,019,300
2023 $11,860 $3,041,972 $941,900 $2,100,072
2022 $22,444 $3,041,972 $941,900 $2,100,072
2021 $22,444 $3,041,972 $941,900 $2,100,072
2020 $14,025 $3,041,972 $941,900 $2,100,072
2019 $14,025 $1,977,800 $882,100 $1,095,700
2018 $14,025 $1,977,800 $882,100 $1,095,700
2017 $14,025 $1,977,800 $882,100 $1,095,700
2016 $13,212 $1,977,800 $882,100 $1,095,700
2014 $5,734 $882,100 $882,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Michael Davenport

    Seller's Agent in 2013

    Michael Davenport

    Sun Realty - KDH

    (252) 202-6113

    2 in this area

    125 Total Sales

    Michael Davenport
    Section Image

  • L

    Seller Co-Listing Agent in 2013

    LeAnne Wiggins

    Sun Realty - KDH

    Section Image
  • Four Seasons Realty

    Buyer's Agent in 2013

    Four Seasons Realty

    Four Seasons Realty

    (252) 261-6664

    22 in this area

    285 Total Sales

    Four Seasons Realty
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77189

Outer Banks Association of REALTORS®

APN: 022083000

North Carolina Dare County Kitty Hawk 27949

228 Ocean Blvd, Kitty Hawk, NC

Not Listed for Sale

Detached

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