NOT LISTED FOR SALE

40 Cypress Ln Kitty Hawk, NC 27949

Estimated Value: $425,989 - $561,000

2 Beds
1.5 Baths
1,004 Sq Ft
$475/Sq Ft Est. Value

Last Sold August 15, 2012

Last sale price $176,500 $176 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $2,662/month

85 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Ranch Style House
  • Kitty Hawk Elementary School Rated 9+
  • Wooded Lot
  • Garage

About This Home

As of August 2012

Bank-owned home in very desirable neighborhood. 2 bedroom, 1.5 bath on one level includes separate laundry room and attached garage. Close to schools, shopping, and recreation. Nearly half acre lot offers potential for future expansion. This is a great opportunity to get prime location at a low entry price. Membership in Southern Shores Civic Association is voluntary and costs $50 per year for access to three sound-side marinas and boat launches, a private sound beach, ocean accesses, parks, basketball and soccer fields. More information is available at the website sscaobx.org. Seller has recently replaced the garage door; repaired the door trim, and the roof pipe boots noted in the roofing inspection.

Last Agent to Sell the Property

Trena Couch

Default, Office License #214322 Listed on: 04/03/2012

Last Buyer's Agent

Gary Rader

Maritime Realty License #204054

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,054

Year Built

  • Built in 1982

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 189 x 101
  • Wooded Lot

Home Design

  • 1,004 Sq Ft Home
  • Ranch Style House
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Garage
  • Carport

Utilities

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

Additional Features

  • Laminate Countertops
  • Washer and Dryer Hookup

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block 13 / 174

Community Details

Overview

  • Southern Shores Subdivision

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,054

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Ranch
  • Bank Owned: Yes
  • Directions: Turn on Juniper by Marketplace Ctr., L on Fern, R on Cypress
  • Flood Zone: AE
  • Subdivision Name: Southern Shores Soundside
  • Headline: BANK OWNED
  • Heated Sq Ft: 1004
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 0213
  • Middle School District: FFM
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Countertops: Laminate
  • Floor Coverings: Ceramic Tile, Vinyl, Wood Laminate
  • Foundation: Masonry
  • Full Bathrooms: 1
  • Interior Amenities: Dryer Connection, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 101

Garage/Parking

  • Garage: 1 Car, Attached
  • Garage Sq Ft: 355

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Boat Dock, Ocean Access, Park, Playground

Schools

  • Elementary School: KHE
  • Middle School: FFM
  • High School: FFH

Lot Info

  • Estimated Lot Sq Ft: 19176
  • Lot Description: Wooded
  • Lot Size: 189 x 101
  • Lot Number: Lot 13
  • Deed Book: 1536

Building Info

  • Year Built: 1982

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1054

MLS Schools

  • Senior High School District: FFH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2012
Closed on
Aug 7, 2012
Sold by
Bank Of America Na
Bought by
Federal Home Loan Mortgage Corporation
Seller's Agent
Trena Couch
Default, Office
Buyer's Agent
Gary Rader
Maritime Realty
List Price
$196,100
Sold Price
$176,500
Premium/Discount to List
-$19,600
-9.99%
Current Estimated Value
$476,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,497
Avg. Annual Appreciation
8.31%
Original Mortgage
$158,850
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 3, 2012
Closed on
Jul 6, 2012
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Jones Rose Marie
Seller's Agent
Trena Couch
Default, Office
Buyer's Agent
Gary Rader
Maritime Realty
List Price
$196,100
Sold Price
$176,500
Premium/Discount to List
-$19,600
-9.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,850
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2012
Sold by
Beall Jeramioe Q and Bakalis Georginne P
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

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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
Federal Home Loan Mortgage Corporation -- None Available
Jones Rose Marie -- None Available
Bank Of America Na $148,011 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Rose Marie $158,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2012 08/15/12 Sold $176,500 -10.0% $176 / Sq Ft
06/27/2012 06/27/12 Pending -- -- --
04/03/2012 04/03/12 For Sale $196,100 -- $195 / 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 $1,596 $250,800 $108,700 $142,100
2023 $1,596 $250,800 $108,700 $142,100
2022 $1,596 $250,800 $108,700 $142,100
2021 $1,596 $250,800 $108,700 $142,100
2020 $1,496 $250,800 $108,700 $142,100
2019 $1,301 $188,600 $105,400 $83,200
2018 $1,301 $188,600 $105,400 $83,200
2017 $1,301 $188,600 $105,400 $83,200
2016 $1,226 $188,600 $105,400 $83,200
2014 $1,226 $188,600 $105,400 $83,200
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2012

    Trena Couch

    Default, Office

  • G

    Buyer's Agent in 2012

    Gary Rader

    Maritime Realty

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74383

Outer Banks Association of REALTORS®

APN: 022745000

North Carolina Dare County Kitty Hawk 27949

40 Cypress Ln, Kitty Hawk, NC

This home is located at 40 Cypress Ln, Kitty Hawk, NC 27949 since 03 April 2012 and is currently estimated at $476,997, approximately $475 per square foot. This property was built in 1982. 40 Cypress Ln 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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