NOT LISTED FOR SALE

305 Wax Myrtle Trail Kitty Hawk, NC 27949

Estimated Value: $937,000 - $1,156,000

0.55 Acre
$1,870,562 Price per Acre
23,958 Sq Ft Lot

Last Sold April 18, 2022

Last sale price $290,000

Est. 255% increase in value since last sale

Current estimated payment $5,949/month

5 Days on Market

About This Lot

As of April 2022

High lot X Flood Zone! Easy access to the ocean with a red light for crossing Duck Road. Great location within 5 minutes Drive to Duck. Ocean access/parking included with association membership. A on-site wastewater System Application was done November 09, 2018 with no problems building a home.

Last Agent to Sell the Property

Carolyn Bibeau

Carolyn Bibeau Real Estate Sales License #237886 Listed on: 03/10/2022

Last Buyer's Agent

Melanie Day

Landmark Sotheby's International Realty License #219374

Landmark Sotheby's International Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $947

Lot Details

  • 0.55 Acre Lot
  • Cleared Lot

HOA Fees

  • $5 Monthly HOA Fees

Farming

  • Timber

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • So/Sh Beach Blks 62 72 82 Association
  • Southern Shores Subdivision

Listing and Financial Details

  • Tax Block 72

Property Details

Property Type

Land

Est. Annual Taxes

$947

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Take Duck Rd, Left on Hillcrest Dr then left on Wax Myrtle Trl. Property is located 12 lots down on the Right.
  • Flood Zone: X
  • Subdivision Name: Southern Shores Civic Assoc Inc
  • Headline: Red light for crossing Duck Rd
  • L V T Date: 03/12/2022
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Timber: Scattered
  • Deed Book Pg Number: 0205
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 65
  • Hoa Contact: SO/SH BEACH BLKS 62 72 82
  • HOA Contact: Voluntary-SS Civic Assoc

Lot Info

  • Estimated Lot Sq Ft: 23865
  • Lot Description: Cleared
  • Estimated Lot Size: 0.55
  • Deed Book: 2278
  • Unit/Lot Number: Lot 12

Tax Info

  • Year: 2021
  • Taxes: 946.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Apr 12, 2022
Sold by
Edward Mertz Joseph and Edward Ellen Wendy
Bought by
Yu Jing and Martin Christopher Thiele
Seller's Agent
Carolyn Bibeau
Carolyn Bibeau Real Estate Sales
Buyer's Agent
Melanie Day
Landmark Sotheby's International Realty
List Price
$269,900
Sold Price
$290,000
Premium/Discount to List
$20,100
7.45%
Current Estimated Value
$1,028,809

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,809
Avg. Annual Appreciation
46.43%
Original Mortgage
$203,000
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 8, 2018
Closed on
Dec 17, 2018
Sold by
Smith James J and Smith Mary P
Bought by
Mertz Joseph E and Mertz Wendy E
Seller's Agent
Charlie Byrne
Southern Shores Realty
Buyer's Agent
Charles Germscheid
OBX Life, LLC
List Price
$142,000
Sold Price
$139,900
Premium/Discount to List
-$2,100
-1.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.80%
Original Mortgage
$111,920
Interest Rate
6.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Yu Jing $1,740,000 Rose Harrison Gilreath & Power
Mertz Joseph E $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Jing $720,000
Closed Yu Jing $203,000
Previous Owner Mertz Joseph E $111,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2022 04/18/22 Sold $290,000 +7.4% --
03/15/2022 03/15/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $269,900 +92.9% --
01/04/2019 01/04/19 Sold $139,900 -1.5% --
10/13/2018 10/13/18 Pending -- -- --
08/08/2018 08/08/18 For Sale $142,000 -- --
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 $3,727 $567,300 $148,800 $418,500
2023 $596 $148,800 $148,800 $0
2022 $947 $148,800 $148,800 $0
2021 $947 $148,800 $148,800 $0
2020 $960 $148,800 $148,800 $0
2019 $960 $139,200 $139,200 $0
2018 $0 $139,200 $139,200 $0
2017 $960 $139,200 $139,200 $0
2016 $905 $139,200 $139,200 $0
2014 $90 $139,200 $139,200 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2022

    Carolyn Bibeau

    Carolyn Bibeau Real Estate Sales

    (252) 562-2485

    3 in this area

    15 Total Sales

    Section Image
  • Melanie Day

    Buyer's Agent in 2022

    Melanie Day

    Landmark Sotheby's International Realty

    (252) 207-6138

    15 in this area

    234 Total Sales

    Section Image

  • C

    Seller's Agent in 2019

    Charlie Byrne

    Southern Shores Realty

    Section Image
  • Charles Germscheid

    Buyer's Agent in 2019

    Charles Germscheid

    OBX Life, LLC

    (252) 489-9063

    7 in this area

    29 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117975

Outer Banks Association of REALTORS®

APN: 020936000

North Carolina Dare County Kitty Hawk 27949

305 Wax Myrtle Trail, Kitty Hawk, NC

This home is located at 305 Wax Myrtle Trail, Kitty Hawk, NC 27949 since 10 March 2022 and is currently estimated at $1,028,809. 305 Wax Myrtle Trail 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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