NOT LISTED FOR SALE

24 Periwinkle Place Kitty Hawk, NC 27949

Estimated Value: $742,169 - $815,000

3 Beds
2 Baths
1,300 Sq Ft
$586/Sq Ft Est. Value

Last Sold February 24, 2023

Last sale price $725,000 $558 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,311/month

9 Days on Market

Highlights

  • Spa
  • Loft
  • Central Heating and Cooling System
  • First Flight Middle School Rated A-
  • Furnished
  • Ceiling Fan

About This Home

As of February 2023

24 Periwinkle Place, Southern Shores- Location, Location, Location it's what you hear all the time in real estate and this Southern Shores house for sale has it. Located just 5-7 lots from two beach accesses this 3bd/2bth beach house is the one you have been waiting for. This Southern Shores home for sale sits on a approx. 22,000 sq ft lot in a park like setting with beautiful live oaks and backs up to open space owned by the Southern Shores Civic Association. The house offers a very functional floor open floor plan plus loft with bedrooms on either side of the house and living, dining, and kitchen in the middle. The loft gives you more living area, currently set up as a game room area plus futon for extra sleeping space. Over the years the house has had major renovations with new siding, windows, sliding doors, roof, HVAC, septic drain field, and hot water heater. In the last 2 years the interior has been painted, new floors in the kitchen, living, and dining area. New bathroom vanities and new hot tub plus so much more. The property is not only located close to the beach but also to the bike/walking path that will take to you the town of Duck where you can enjoy all the restaurants and shops. This beach house in Southern Shores is the one you want to check out.

Last Agent to Sell the Property

Matt Huband

OBX Realty Group, LLC License #223529 Listed on: 01/05/2023

Last Buyer's Agent

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,499

Year Built

  • Built in 1983

Lot Details

  • 0.51 Acre Lot
  • Property is zoned RS1

HOA Fees

  • $5 Monthly HOA Fees

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,300 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Storage Shed

Utilities

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

Community Details

  • Southern Shores Civic Association
  • Southern Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 38

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,499

Year Built

Built in 1983

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Off Duck Rd onto Periwinkle house is on the left
  • Extras: Ceiling Fan(s), Hot Tub, Outside Shower, Storage Shed
  • Flood Zone: X
  • Subdivision Name: SO/SH BEACH BLK 38 AMENDED
  • Headline: Location, Location, Location
  • Heated Sq Ft: 1300
  • L V T Date: 01/05/2023
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: RS1
  • Advertised Income 2022: 25540
  • Deed Book Pg Number: 0038
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C22431
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Floor Coverings: Carpet, Vinyl, Plank, Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Optional Rooms: Loft

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 65
  • Hoa Contact: Southern Shores Civic
  • HOA Contact: Voluntary
  • Home Owner Dwelling Insurance: 630

Lot Info

  • Estimated Lot Sq Ft: 22000
  • Lot Number: Lot 14
  • Estimated Lot Size: 0.51
  • Deed Book: 2527

Rental Info

  • Est Annual Rental Income: 65000
  • Estimated Rental Performance: 0.0897
  • Poolspa Expense: 1200
  • Rental Co: Village Realty
  • Rental Cottage Name: Beachin’ at Boomer’s Plac
  • Rental Cottage Number: SH24
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 2100
  • Annual Electric: 2000
  • Annual Water Expense: 500

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2022
  • Taxes: 2499

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Feb 24, 2023
Sold by
Reed David and Reed Jennifer
Bought by
Mitchell John Henderson and Wills-Mitchell Laura E
Seller's Agent
Matt Huband
OBX Realty Group, LLC
Buyer's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
List Price
$780,000
Sold Price
$725,000
Premium/Discount to List
-$55,000
-7.05%
Views
23
Current Estimated Value
$762,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,292
Avg. Annual Appreciation
1.78%
Original Mortgage
$580,000
Outstanding Balance
$560,891
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$201,401

Purchase Details

Listed on
Jun 5, 2021
Closed on
Jul 16, 2021
Sold by
Mace Barbara T and Mace Daniel R
Bought by
Reed David and Reed Jennifer
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Matt Huband
OBX Realty Group, LLC
List Price
$549,000
Sold Price
$580,000
Premium/Discount to List
$31,000
5.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.87%
Original Mortgage
$548,250
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2018
Sold by
Mace Barbara T and Mace Daniel R
Bought by
Daniel R & Barbara Mace Lt
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
Mitchell John Henderson $3,625,000 None Listed On Document
Mitchell John Henderson $3,625,000 None Listed On Document
Reed David $580,000 None Available
Daniel R & Barbara Mace Lt -- --
Mace Barbara T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mitchell John Henderson $580,000
Closed Mitchell John Henderson $580,000
Previous Owner Reed David $548,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/24/2023 02/24/23 Sold $725,000 -7.1% $558 / Sq Ft
01/14/2023 01/14/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $780,000 +34.5% $600 / Sq Ft
07/16/2021 07/16/21 Sold $580,000 +5.6% $431 / Sq Ft View Prior Sale
06/07/2021 06/07/21 Pending -- -- --
06/05/2021 06/05/21 For Sale $549,000 -- $408 / 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
2025 $3,749 $799,800 $456,800 $343,000
2024 $2,520 $378,200 $252,000 $126,200
2023 $2,499 $375,000 $252,000 $123,000
2022 $2,499 $375,000 $252,000 $123,000
2021 $2,499 $375,000 $252,000 $123,000
2020 $2,236 $375,000 $252,000 $123,000
2019 $2,476 $358,800 $261,200 $97,600
2018 $2,509 $358,800 $261,200 $97,600
2017 $2,509 $358,800 $261,200 $97,600
2016 $2,364 $358,800 $261,200 $97,600
2014 $2,364 $358,800 $261,200 $97,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121116

Outer Banks Association of REALTORS®

APN: 021582000