NOT LISTED FOR SALE

3805 Elijah Baum Dr Kitty Hawk, NC 27949

Estimated Value: $502,000 - $1,891,568

4.11 Acres
$278,765 Price per Acre
179,000 Sq Ft Lot

Last Sold March 30, 2016

Last sale price $975,000

Est. 17% increase in value since last sale

Current estimated payment $6,523/month

172 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Wooded Lot
  • First Flight Middle School Rated A-
  • 179,000 Sq Ft lot
  • Timber

About This Lot

As of March 2016

Unbelievable development potential for this one of a kind site overlooking Kitty Hawk Bay!!! Over 4 acres of water frontage nestled on rolling terrain with what appear to be Live Oaks over 300 years old!! A retired Botanist visited the site with the listing broker and estimated one at over 350 years!!! Lots of history for this site as can be seen just reading the tombstones at the small cemetery bordering the tract. The property has numerous buildings. The property operated as a Bed and Breakfast with a conditional use permit several years ago but has not been operated as such since 2011 per our research. There are indications that The Wright Brothers may have landed on this site years ago!! Although vacant and in need of updating, there is a main single level home overlooking the water which served as the main B&B home. Added buildings include a covered boat house (sweet!), an adjacent "Poker" house on the water(perhaps that's where the Cuban cigars were smoked!), a separate chalet, another building used for vehicles and machinery and a period style two story circa 1840 est. These dwellings are all scattered about the property and are surrounded by towering Bald Cypress and Live Oaks as well as several vineyards and gardens that are in need of some added love! Parcel includes Lots 25, 26 and PT 17 and excludes S. portion of Lot 17 which is recorded separately and is not included.

Last Agent to Sell the Property

John Thompson

Windswept Properties, LLC License #187607 Listed on: 09/04/2015

Last Buyer's Agent

Douglas Twiddy

Twiddy and Co. - Duck License #32697

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,238

Lot Details

  • 4.11 Acre Lot
  • Home fronts a sound
  • Irregular Lot
  • Wooded Lot
  • Property is zoned VR-1

Additional Features

  • Views of a Sound
  • Timber
  • Private or Community Septic Tank

Community Details

  • Nora & E W Baum Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned

Property Details

Property Type

Land

Est. Annual Taxes

$7,238

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Bank Owned: Yes
  • Directions: Kitty Hawk Road to Elijah Baum Road. Follow to waterfront. driveway adjacent to Palmer Cemetery leading through Live Oak Trees to property
  • Flood Zone: AE
  • Headline: Waterfront Bank Owned Acreage!
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: VR-1
  • Timber: Scattered
  • Deed Book Pg Number: 0679
  • Special Features: 20
  • Property Sub Type: LotsLands

Exterior Features

  • View: Sound, Salt Marsh

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 179000
  • Lot Description: Irregular Terrain, Water Frontage, Wooded
  • Deed Book: 1165
  • Unit/Lot Number: lot25, 26 Pt

Tax Info

  • Year: 2015
  • Taxes: 7238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2019
Sold by
Douglas A Twiddy Ret
Bought by
G Washington Baum Llc
Current Estimated Value
$1,145,523

Purchase Details

Closed on
Aug 30, 2018
Sold by
Twiddy Douglas A and Twiddy Sharon C
Bought by
Douglas A Twiddy Ret

Purchase Details

Listed on
Sep 4, 2015
Closed on
Mar 15, 2016
Sold by
The Bank Of Hampton Roads
Bought by
Twiddy Douglas A and Twiddy Sharon C
Seller's Agent
John Thompson
Windswept Properties, LLC
Buyer's Agent
Douglas Twiddy
Twiddy and Co. - Duck
List Price
$1,375,000
Sold Price
$975,000
Premium/Discount to List
-$400,000
-29.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.66%
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
G Washington Baum Llc -- --
Douglas A Twiddy Ret -- --
Twiddy Douglas A -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2016 03/30/16 Sold $975,000 -29.1% --
02/23/2016 02/23/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $1,375,000 -- --
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
2025 $6,470 $1,338,900 $826,700 $512,200
2024 $8,060 $1,150,600 $826,700 $323,900
2023 $8,060 $1,150,600 $826,700 $323,900
2022 $8,060 $1,150,600 $826,700 $323,900
2021 $8,060 $1,150,600 $826,700 $323,900
2020 $8,060 $1,150,600 $826,700 $323,900
2019 $5,078 $626,900 $417,100 $209,800
2018 $4,947 $610,800 $417,100 $193,700
2017 $3,792 $468,200 $417,100 $51,100
2016 $7,239 $940,100 $417,100 $523,000
2014 $7,932 $940,100 $417,100 $523,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89434

Outer Banks Association of REALTORS®

APN: 018172000