NOT LISTED FOR SALE

3901 Shelby Ave Kitty Hawk, NC 27949

Estimated Value: $525,000 - $616,000

4 Beds
3.5 Baths
1,932 Sq Ft
$297/Sq Ft Est. Value

Last Sold February 15, 2013

Last sale price $176,000 $91 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $3,200/month

42 Days on Market

Highlights

  • Beach Box Architecture
  • Corner Lot
  • Outdoor Shower
  • First Flight Middle School Rated A-
  • Garage
  • Tile Flooring

About This Home

As of February 2013

Centrally located and just a short distance to public beaches. Nice sun deck on the front. Typical beach box floor plan with kitchen, 3 bedrooms and 2 baths on top floor. Ground level has 1 car attached garage, bonus room with gas fireplace, utility room with washer & dryer and 4th bedroom which is the second master and the half bath. This is a bank owned property and seller makes no warranties either expressed or implied as to the condition of the property. . It is the intent of the Seller to Sell "AS IS" WHERE IS".***Seller reserves the right to accept the offer of their choice regardless of the order in which they are received, counter offered or presented if a multiple offer scenario arises.*** Buyers are to be prequalified by Bank of America Home Loans prior to submitting an offer to purchase. Offers received without this prequalification, exclusive of cash purchases, will not be addressed. Buyers are not required to obtain financing from Bank of America Home Loans but may obtain financing from any source. However, Lender prequalification is required on all offers and evidence must be provided that credit and debt-to-income has been reviewed and that buyer qualifies said loan program. NOTE: The above pre-approval requirement will be waived only if the prospective purchaser does not want a loan contingency. If the buyer decides not to be pre-approved by Bank of America Home Loans, there will be no loan contingency in the purchase contract and the earnest money deposit becomes non-refundable upon the expiration of the inspection period. Buyers are not required to obtain financing from Bank of America Home Loans to purchase the Property. You can locate your local Bank of America Home Loans branch by calling 800-877-LOAN (5626). SQ Ft taken from tax records, buyers agent to verify. Deed Restriction for cash transactions: The Grantee(s), or purchaser(s), of the Property may not re-sell, record an additional conveyance document, or otherwise transfer title to the Property within 60 days following the Grantor’s execution of this Deed. 60 day cash deed restrictions apply. Bank of America, N.A. employees and employee’s household members and business partners of the Bank are prohibited from purchasing.

Last Agent to Sell the Property

Michelle Huffman

Huffman Coastal Properties License #205638 Listed on: 12/04/2012

Last Buyer's Agent

Richard Tolson

RT Realty OBX, LLC License #119826

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2000

Lot Details

  • Corner Lot
  • Level Lot

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,932 Sq Ft Home
  • Gas Fireplace
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Home Details

Home Type

Single Family

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Bank Owned: Yes
  • Directions: Turn West on Kitty Hawk Rd, Shelby on Right. Property on Corner of Kitty Hawk & Shelby.
  • Extras: Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: Located in heart of Kitty Hawk
  • Heated Sq Ft: 1932
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: R
  • Deed Book Pg Number: 0010
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: Dryer Connection, Gas Fireplace, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Lot Description: Corner, Level
  • Lot Size: .20 ac
  • Deed Book: 1913

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2012
  • Taxes: 144144

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2012
Closed on
Feb 11, 2013
Sold by
New York Mellon
Bought by
Wohner Geard N and Wohner Karen E
Seller's Agent
Michelle Huffman
Huffman Coastal Properties
Buyer's Agent
Richard Tolson
RT Realty OBX, LLC
List Price
$179,900
Sold Price
$176,000
Premium/Discount to List
-$3,900
-2.17%
Current Estimated Value
$573,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$397,436
Avg. Annual Appreciation
9.61%

Purchase Details

Closed on
Oct 29, 2012
Sold by
Woodard Ralph W
Bought by
The Bank Of New York Mellon and The Bank Of New York
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
Wohner Geard N $1,056,000 None Available
The Bank Of New York Mellon $184,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2013 02/15/13 Sold $176,000 -2.2% $91 / Sq Ft
01/15/2013 01/15/13 Pending -- -- --
12/04/2012 12/04/12 For Sale $179,900 -- $93 / 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 $2,450 $503,600 $173,900 $329,700
2024 $2,152 $303,800 $77,600 $226,200
2023 $2,150 $306,961 $77,600 $229,361
2022 $2,150 $306,961 $77,600 $229,361
2021 $2,152 $306,961 $77,600 $229,361
2020 $2,151 $307,059 $77,600 $229,459
2019 $1,940 $236,200 $70,100 $166,100
2018 $1,913 $236,200 $70,100 $166,100
2017 $1,913 $236,200 $70,100 $166,100
2016 $1,819 $236,200 $70,100 $166,100
2014 $1,772 $236,200 $70,100 $166,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77083

Outer Banks Association of REALTORS®

APN: 018011000