NOT LISTED FOR SALE

4018 Lindbergh Ave Kitty Hawk, NC 27949

Estimated Value: $779,135 - $872,000

4 Beds
3 Baths
1,628 Sq Ft
$506/Sq Ft Est. Value

Last Sold May 21, 2012

Last sale price $400,000 $246 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $4,670/month

77 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Cathedral Ceiling
  • First Flight Middle School Rated A-
  • Spa
  • Furnished

About This Home

As of May 2012

Immaculate turn-key rental machine completely furnished and consistently generating over $21,000 each year in rents. Great ocean views from the expansive decks. 14,000 sq ft lot has room for over-sized pool. Add the cost of the pool to the contract price, finance the whole project and watch the rents soar to new heights. Dual zone heat pumps recently replaced. Beach access is right around the corner and just 400 feet away. Plenty of storage with separate "mini-garage" underneath house, as well as nice-sized interior storage room on ground floor. Laundry in mid-level hall for convenience. Click on the virtual tour and check out the floor plan.

Last Agent to Sell the Property

Greg Cremia

Shore Realty License #127284 Listed on: 01/06/2012

Last Buyer's Agent

Sharon Douglass

Land and Sea Realty License #181513

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,000

Year Built

  • Built in 1997

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 106 x 124
  • Level Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,628 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Remele Subdivision

Listing and Financial Details

  • Tax Lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,000

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Turn east on Sanderlin Ln. across from Kitty Hawk Ace. Next right and house is on right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Remele
  • Headline: Imaculate w/Ocean Views
  • Heated Sq Ft: 1628
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Deed Book Pg Number: 0189
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: 13 x 13, On Level: 3
  • Bedroom 2: 10 x 11, On Level: 2
  • Bedroom 3: 11 x 12, On Level: 2
  • Bedroom 4: 12 x 12, On Level: 2
  • Kitchen: 10 x 9, On Level: 3
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s)
  • Dining Room: 10 x 13, On Level: 3
  • Living Room: 13 x 15, On Level: 3

Exterior Features

  • Construction: Frame
  • Covered Deck Size: 104
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 514
  • Street Frontage: 106
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 14810
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 106 x 124
  • Lot Number: Lot 6
  • Deed Book: 1629

Rental Info

  • Est Annual Rental Income: 21000
  • Estimated Rental Performance: 0.0525
  • Lease Terms: Weekly
  • Other Expenses: 252600
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Carolina Kai
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1997

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 2000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2012
Closed on
May 21, 2012
Sold by
Morris Edward Manly and Morris Geary Campbell
Bought by
Waters Heflin Patricia G and Waters Margaret K
Seller's Agent
Greg Cremia
Shore Realty
Buyer's Agent
Sharon Douglass
Land and Sea Realty
List Price
$414,900
Sold Price
$400,000
Premium/Discount to List
-$14,900
-3.59%
Current Estimated Value
$823,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$423,784
Avg. Annual Appreciation
5.43%
Original Mortgage
$255,000
Outstanding Balance
$177,586
Interest Rate
4.01%
Mortgage Type
New Conventional
Estimated Equity
$646,198

Purchase Details

Closed on
Apr 1, 2005
Sold by
Hensley Gerald A and Bensley Patrica A
Bought by
Morris Edward Manly and Morris Geary Campbell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Waters Heflin Patricia G $400,000 None Available
Morris Edward Manly $516,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Waters Heflin Patricia G $255,000
Previous Owner Morris Edward Manly $368,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2012 05/21/12 Sold $400,000 -3.6% $246 / Sq Ft
03/23/2012 03/23/12 Pending -- -- --
01/06/2012 01/06/12 For Sale $414,900 -- $255 / 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 $4,356 $785,500 $389,800 $395,700
2024 $3,733 $455,400 $207,300 $248,100
2023 $3,725 $465,324 $207,300 $258,024
2022 $3,725 $465,324 $207,300 $258,024
2021 $3,725 $465,324 $207,300 $258,024
2020 $3,725 $465,324 $207,300 $258,024
2019 $3,485 $365,500 $181,200 $184,300
2018 $3,485 $365,500 $181,200 $184,300
2017 $3,485 $365,500 $181,200 $184,300
2016 $3,335 $365,500 $181,200 $184,300
2014 $2,582 $335,800 $181,200 $154,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73050

Outer Banks Association of REALTORS®

APN: 017784013 01