40 Ocean Blvd Kitty Hawk, NC 27949
Estimated Value: $1,305,000 - $1,895,185
3
Beds
3.5
Baths
2,238
Sq Ft
$749/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Cathedral Ceiling
- Kitty Hawk Elementary School Rated 9+
- Home Theater
- Sun or Florida Room
About This Home
As of October 2020As soon as you enter, you'll feel the warmth of this beloved family home! Originally built from cinder block (made on site) as a two room flat top cottage, it has expanded to accommodate a larger family, while retaining all of its unique charm. Expansive gathering spaces include living room, media room, huge sunroom/sleeping porch and cozy bunk room, in addition to the three master suites. The double-sided wood fireplace is one of a kind! The screened porch off the kitchen/dining area invites relaxation, and provides easy access to the large dune deck. Over the years, family members have adorned the home with more art, much of which was created from recycled materials. There will be some exclusions to the Bill of Sale posted soon in Associated Docs. Renters love this home, and (as you'll see in the histories) return year after year! Check out the SSR Rental site: https://www.southernshores.com/outer-banks-rentals/0143-hook-line-and-sinker, for more details! Seller believes the home to be in good condition, but due to its age, it is being sold AS-IS. Inspections are welcome! The 100' wide lot has a deep, vegetated protective dune. Floor plans are included in the Virtual Tour (link above). Join the voluntary Southern Shores Civic Association for access to sound side marinas, tennis, parks & more!
Last Listed By
Janet Owen
Southern Shores Realty License #251631 Listed on: 01/18/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,156
Year Built
- Built in 1954
Lot Details
- 0.65 Acre Lot
- Beach Front
- 100 Feet of Waterfront
- Property is zoned RS-1
HOA Fees
- $8 Monthly HOA Fees
Parking
- Paved Parking
Home Design
- Bungalow
- Masonry Perimeter Foundation
- Frame Construction
- Asphalt Shingled Roof
- Siding
Interior Spaces
- 2,238 Sq Ft Home
- Furnished
- Beamed Ceilings
- Cathedral Ceiling
- Wood Burning Fireplace
- Window Treatments
- Entrance Foyer
- Home Theater
- Sun or Florida Room
- Screened Porch
- Ocean Views
- Stacked Washer and Dryer
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Laminate Countertops
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- En-Suite Primary Bedroom
Home Security
- Storm Doors
- Fire and Smoke Detector
Outdoor Features
- Outdoor Shower
- Sun Deck
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Legal Lot and Block s 3-4 / 4
Community Details
Overview
- Www.Sscaobx.Org Association, Phone Number (252) 261-8617
- Southern Shores Subdivision
Recreation
- Community Boardwalk
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 18, 2020
Closed on
Oct 23, 2020
Sold by
Crouse Helen Keyle and Crouse Robert
Bought by
Gupta Sumit
Seller's Agent
Janet Owen
Southern Shores Realty
Buyer's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
List Price
$1,099,000
Sold Price
$1,025,000
Premium/Discount to List
-$74,000
-6.73%
Total Days on Market
122
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,796
Avg. Annual Appreciation
11.33%
Original Mortgage
$922,500
Outstanding Balance
$842,546
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$833,250
Purchase Details
Closed on
Jul 19, 2019
Sold by
Raffaniello Ft
Bought by
Verhof Geoff K and Verhof Dorinda M
Purchase Details
Closed on
Feb 27, 2007
Sold by
Connelly Dyan W and Connelly Frank R
Bought by
Crouse Helen Keyle
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Kitty Hawk, NC
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gupta Sumit | $1,025,000 | None Available | |
| Verhof Geoff K | -- | -- | |
| Crouse Helen Keyle | -- | None Available | |
| Connelly Dyan W | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gupta Sumit | $922,500 | |
| Previous Owner | Crouse Helen Keyle | $1,450,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/30/2020 10/30/20 | Sold | $1,025,000 | -6.7% | $458 / Sq Ft |
| 05/19/2020 05/19/20 | Pending | -- | -- | -- |
| 01/18/2020 01/18/20 | For Sale | $1,099,000 | -- | $491 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $8,854 | $1,190,100 | $941,900 | $248,200 |
| 2023 | $4,766 | $1,200,028 | $941,900 | $258,128 |
| 2022 | $8,854 | $1,200,028 | $941,900 | $258,128 |
| 2021 | $8,854 | $1,200,028 | $941,900 | $258,128 |
| 2020 | $7,156 | $1,200,028 | $941,900 | $258,128 |
| 2019 | $7,196 | $1,036,900 | $915,700 | $121,200 |
| 2018 | $7,196 | $1,036,900 | $915,700 | $121,200 |
| 2017 | $7,196 | $1,036,900 | $915,700 | $121,200 |
| 2016 | $6,779 | $1,036,900 | $915,700 | $121,200 |
| 2014 | $6,779 | $1,036,900 | $915,700 | $121,200 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2020
Janet Owen
Southern Shores Realty
-
Sumit Gupta
Buyer's Agent in 2020
Sumit Gupta
VR Real Estate Advisors, LLC
20 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 107944
APN: 022614000
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Information is deemed reliable but not guaranteed.
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