NOT LISTED FOR SALE

249 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $1,241,000 - $1,439,000

6 Beds
5.5 Baths
2,921 Sq Ft
$458/Sq Ft Est. Value

Last Sold October 31, 2016

Last sale price $750,000 $257 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $7,676/month

40 Days on Market

Highlights

  • Community Beach Access
  • Ocean View
  • Home Theater
  • Kitty Hawk Elementary School Rated 9+
  • Boat Dock
  • In Ground Pool

About This Home

As of October 2016

Come check out this great valued six bedroom home near the ocean in Southern Shores. This home has ocean views from two of the four master suites. Elevator is accessible from the carport for carrying groceries (or just to avoid climbing stairs!) A game room on the ground floor and a mid level media room could keep kids busy and not underfoot. Each of the 4 master suites is large and well appointed. The home also has a large pool and backs up to a serene pond for privacy. This fully landscaped property is just a few steps from one of the most private beaches on the Outer Banks. It has been used just as a second home for the last few years so there is limited wear and tear. Entered into a rental program in July 2016 so you can begin collecting the rental income out of the gate.

Last Agent to Sell the Property

Scott Team Realt Team

Scott Team Realty License #See Brokers Notes Listed on: 07/22/2016

Last Buyer's Agent

John Thompson

Windswept Properties, LLC License #187607

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,350

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 100x130.3x102.3x151.93
  • Landscaped
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,921 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 4 / 38

Community Details

Overview

  • So/Sh Beach Subdivision

Recreation

  • Boat Dock
  • Community Beach Access
  • Tennis Courts
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,350

Year Built

Built in 2004

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From Rt 12 (Duck Road), go East on Periwinkle Place, left onto Ocean Blvd. Property will be on your left, 249 Ocean Blvd.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: SO/SH BEACH BLK 38 AMENDED
  • Headline: Southern Shores, Ocean View
  • Heated Sq Ft: 2921
  • L V T Date: 07/22/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: R
  • Deed Book Pg Number: 0221
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: 14x11, On Level: 2
  • Bedroom 2: 14x11, On Level: 2
  • Bedroom 3: 14x11, On Level: 1
  • Bedroom 4: 9x12, On Level: 1
  • Bedroom 5: 9x12, On Level: 1
  • Bedroom 6: 14x11, On Level: 1
  • Kitchen: 11x12, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection
  • Dining Room: 13x11.5, On Level: 2
  • Game Room: 10x15.5, On Level: Ground
  • Living Room: 12x15, On Level: 2
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Media Room
  • Partial Bathrooms: 1
  • Optional Room 1: 12x11, On Level: 1

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: 214 sf
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • Sun Deck Size: 290 sf
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Ocean Access, Outdoor-Comm. Tennis, Park, Playground, Sound Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 100x130.3x102.3x151.93
  • Lot Number: Lot 4
  • Deed Book: 2106

Rental Info

  • Est Annual Rental Income: 85660
  • Other Expenses: 287700
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Key West
  • Rental Cottage Number: SS#9

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2015
  • Taxes: 4349.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2022
Sold by
Gravely Jr William A
Bought by
William A Gravely Jr Revocable Trust and Patricia T Gravely Revocable Trust
Current Estimated Value
$1,337,387

Purchase Details

Listed on
Jul 22, 2016
Closed on
Oct 31, 2016
Sold by
Michelle R Kim
Bought by
Gravely William and Gravely Patricia
Seller's Agent
Scott Team Realt Team
Scott Team Realty
Buyer's Agent
John Thompson
Windswept Properties, LLC
List Price
$825,000
Sold Price
$750,000
Premium/Discount to List
-$75,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.78%
Original Mortgage
$600,000
Interest Rate
3.47%

Purchase Details

Closed on
Mar 1, 2016
Sold by
Kim Hejong and Kim Michelle
Bought by
Kim Michelle R

Purchase Details

Closed on
Sep 25, 2009
Sold by
Jernigan Stephen E and Jernigan Annette F
Bought by
Kim Hejong and Kim Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 27, 2006
Sold by
Jernigan Stephen E
Bought by
Jernigan Annette F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$878,900
Interest Rate
7.62%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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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
William A Gravely Jr Revocable Trust -- Hoffman & Associates Attorneys
Gravely William -- --
Kim Michelle R -- None Available
Kim Hejong $680,000 None Available
Jernigan Annette F -- None Available
Jernigan Stephen E -- Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gravely William A $500,000
Previous Owner Gravely William $600,000
Previous Owner Gravely William --
Previous Owner Gravely William A $600,000
Previous Owner Kim Hejong $417,000
Previous Owner Jernigan Diane P $960,000
Previous Owner Jernigan Annette F $878,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2016 10/31/16 Sold $750,000 -9.1% $257 / Sq Ft
08/31/2016 08/31/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $825,000 -- $282 / 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 $4,623 $678,600 $297,500 $381,100
2023 $4,623 $693,844 $297,500 $396,344
2022 $4,623 $693,844 $297,500 $396,344
2021 $4,623 $693,844 $297,500 $396,344
2020 $4,137 $693,844 $297,500 $396,344
2019 $4,691 $661,200 $287,700 $373,500
2018 $4,691 $661,200 $287,700 $373,500
2017 $4,749 $669,200 $287,700 $381,500
2016 $4,474 $669,200 $287,700 $381,500
2014 $435 $669,200 $287,700 $381,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93180

Outer Banks Association of REALTORS®

APN: 021572000