NOT LISTED FOR SALE

321 Wax Myrtle Trail Kitty Hawk, NC 27949

Estimated Value: $938,897 - $1,069,000

6 Beds
4.5 Baths
2,756 Sq Ft
$363/Sq Ft Est. Value

Last Sold October 06, 2022

Last sale price $894,000 $324 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,790/month

6 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • Furnished
  • Kitty Hawk Elementary School Rated 9+
  • Wood Flooring
  • Granite Countertops

About This Home

As of October 2022

**OFFER DEADLINE: August 22, 2022 at 12 pm - Highest and Best ** Don't miss out on this Southern Shores gem. Walking distance to Hillcrest Beach access with a stoplight and crosswalk. This home features a private pool on an expansive mostly cleared lot but tucked away from the street with beautiful live oaks surrounding the property. 5 bedrooms and 3 bathrooms on the first level, with the second level having a primary suite and en suite bathroom, a half bath, a spacious kitchen and dining room, from the dining room you walk past your bar area into the elevated living room with slight ocean views over the trees. There is plenty of deck space and outdoor space for the whole family to enjoy! There are two storage sheds outside for all your owners and beach storage needs. The private pool is situated high on a bluff with potential to add a pool house or garage out front (buyer agent to verify with town of SS) This home is currently used as an Airbnb in the summer months and some shoulder season dates. 2022 has over 91k in booked rents with numerous weeks blocked in fall for owner. Prior to sellers purchase, this was a gently used second home. Last fall , seller used home for most of September and did close to 10k in rentals in October / November. Don't miss this opportunity to own this great rental house, primary residence, or second home! Schedule your showing TODAY!

Last Agent to Sell the Property

John Mausteller

Coldwell Banker Seaside Realty KH License #325172 Listed on: 08/16/2022

Coldwell Banker Seaside Realty KH

Co-Listed By

Katie Kennis

Coldwell Banker Seaside Realty KH License #310034

Last Buyer's Agent

David Watson

Southern Shores Realty License #29736

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,709

Year Built

  • Built in 1985

Lot Details

  • 0.49 Acre Lot
  • Property is zoned RS1

HOA Fees

  • $5 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,756 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Workshop
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Ssca Association
  • So/Sh Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 72

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,709

Year Built

Built in 1985

Lot Details

0

HOA Fees

$5 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From Duck Rd traveling North, Take a left at Hillcrest stoplight, take your first left at stopsign on to Wax Myrtle. House is on the right.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Outside Shower, Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Walk to Beach , with Pool
  • Heated Sq Ft: 2756
  • L V T Date: 08/16/2022
  • Sale/Rent: For Sale
  • Zoning: RS1
  • Advertised Income 2022: 91891
  • Deed Book Pg Number: 0461
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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, Wine Cooler
  • Bedrooms: 6
  • Bedroom 1: 17 x 12, On Level: 2
  • Bedroom 2: 14.5 x 11, On Level: 1
  • Bedroom 3: 14.5 x 10, On Level: 1
  • Bedroom 4: 11.5 x 12, On Level: 1
  • Bedroom 5: 11.5x11.5, On Level: 1
  • Bedroom 6: 11.5x11.5, On Level: 1
  • Kitchen: 15 x 11, On Level: 2
  • Countertops: Granite
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Tile, Wood, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Skylight, Walk in Closet, Wet Bar
  • Dining Room: 10 x 21, On Level: 2
  • Living Room: 15 x 19, On Level: 3
  • Optional Rooms: Utility Room, Workshop
  • Partial Bathrooms: 1

Exterior Features

  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: 21x9/19x9

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 65
  • Hoa Contact: SSCA
  • HOA Contact: sscaobx.org

Lot Info

  • Estimated Lot Sq Ft: 21344
  • Lot Number: Lot 4
  • Estimated Lot Size: 0.49
  • Deed Book: 2543

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2022
  • Taxes: 3708.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2022
Closed on
Oct 3, 2022
Sold by
Mausteller Michael B and Mausteller Jessica R
Bought by
Rice Family Revocable Living Trust
Seller's Agent
John Mausteller
Coldwell Banker Seaside Realty KH
Buyer's Agent
David Watson
Southern Shores Realty
List Price
$899,000
Sold Price
$894,000
Premium/Discount to List
-$5,000
-0.56%
Current Estimated Value
$999,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,966
Avg. Annual Appreciation
4.01%
Original Mortgage
$715,200
Outstanding Balance
$690,306
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$309,660

Purchase Details

Listed on
Aug 4, 2021
Closed on
Sep 7, 2021
Sold by
Pyle John and Pyle Debra
Bought by
Mausteller Michael B and Gasler Jessica R
Seller's Agent
Maggie Carroll
Scott Team Realty
Buyer's Agent
John Mausteller
Coldwell Banker Seaside Realty KH
List Price
$699,000
Sold Price
$705,000
Premium/Discount to List
$6,000
0.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.85%

Purchase Details

Listed on
Jan 6, 2020
Closed on
Jul 14, 2020
Sold by
Lancaster John M and Lancaster Deborah B
Bought by
Pyle John and Pyle Debra
Seller's Agent
Natalie Dutt
Keller Williams - Outer Banks
Buyer's Agent
Maggie Carroll
Scott Team Realty
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.90%
Original Mortgage
$444,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2006
Sold by
Old Melba Phelas and Old Jr William A
Bought by
Lancaster John M and Lancaster Deborah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,920
Interest Rate
6.39%
Mortgage Type
New Conventional
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
Rice Family Revocable Living Trust $5,364,000 --
Mausteller Michael B $705,000 None Available
Pyle John $555,000 None Available
Lancaster John M $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rice Family Revocable Living Trust $715,200
Previous Owner Pyle John $444,000
Previous Owner Lancaster John M $361,000
Previous Owner Lancaster John M $359,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2022 10/06/22 Sold $894,000 -0.6% $324 / Sq Ft
08/22/2022 08/22/22 Pending -- -- --
08/16/2022 08/16/22 For Sale $899,000 +27.5% $326 / Sq Ft
09/10/2021 09/10/21 Sold $705,000 +0.9% $256 / Sq Ft
08/23/2021 08/23/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $699,000 0.0% $254 / Sq Ft
08/07/2021 08/07/21 Pending -- -- --
08/04/2021 08/04/21 For Sale $699,000 +25.9% $254 / Sq Ft
07/14/2020 07/14/20 Sold $555,000 -3.5% $201 / Sq Ft
06/03/2020 06/03/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $575,000 -- $209 / 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 $3,719 $566,000 $145,300 $420,700
2023 $3,709 $582,828 $145,300 $437,528
2022 $3,709 $582,828 $145,300 $437,528
2021 $3,601 $566,000 $145,300 $420,700
2020 $3,475 $582,828 $145,300 $437,528
2019 $2,825 $396,400 $135,900 $260,500
2018 $2,816 $395,100 $135,900 $259,200
2017 $2,825 $395,100 $135,900 $259,200
2016 $2,652 $395,100 $135,900 $259,200
2014 $2,661 $395,100 $135,900 $259,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120077

Outer Banks Association of REALTORS®

APN: 020928000