NOT LISTED FOR SALE

4701 Summer Ln Kitty Hawk, NC 27949

Estimated Value: $779,039 - $970,000

4 Beds
5 Baths
2,400 Sq Ft
$349/Sq Ft Est. Value

Last Sold December 29, 2014

Last sale price $410,000 $171 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,692/month

72 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Cathedral Ceiling
  • First Flight Middle School Rated A-
  • Second Refrigerator
  • Wood Flooring

About This Home

As of December 2014

4701 Summer Ln, Kitty Hawk- This 4 bedroom/3 full bath plus 2 half bath, house located in Sea Scape has is everything a buyer could ask for!! Exceptionally well maintained, Professionally Decorated and sold Fully Furnished, Salt Water Pool, Ocean View, Golf Course View, Excellent Rental Potential, Walk or Bike to beach on bike path (3.5 blocks away w/cross walk at stoplight), Walk to Sea Scape Golf Course clubhouse, Walk or Bike to some of the Outer Banks Best Restaurants, No Flood Insurance Required. This is house would make for an excellent primary, 2nd home or rental. Gently used by the owners and only rented out an average of 14 weeks a year with VRBO. The owners personally clean after each renter to keep the house in top condition. Rental projection of $34,000 for a full year of rentals. With 2 master bedrooms along with an open top floor there is plenty of room to spread out. Relax on the back deck as you overlook the pool and gaze at the ocean & golf course views. This house is built solid with upgraded finishing touches that include hard wood floors in the living area, ceramic tile in the kitchen, baths, bottom floor, hall ways, and entry ways. Each bedroom has access to a deck to sit on and relax. There is even a half bath that opens outside to the pool area. No need to run thru the house wet to use the bathroom. Some recent improvements to the home in 2012 include new furniture, appliances, outside shower, installed gutters, septic pumped -2013- converted pool over to salt system and new pool pump motor. This is truly turn-key and ready for a new owner!!!

Last Agent to Sell the Property

Matt Huband

OBX Realty Group, LLC License #223529 Listed on: 09/03/2014

Last Buyer's Agent

Pamela Howard

Coastal Shores Realty Group License #274371

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,783

Year Built

  • Built in 2005

Lot Details

  • 0.34 Acre Lot
  • Corner Lot
  • Level Lot

Property Views

  • Ocean
  • Golf Course

Home Design

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

Interior Spaces

  • 2,400 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Corian Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Utilities

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

Community Details

  • Sea View Place Subdivision

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,783

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: turn west on Eckner then 1st right on Summer Ln. House on corner of Eckner and Summer.
  • Extras: Outside Shower, Smoke Detector(s)
  • Flood Zone: X
  • Headline: Ocean & Golf Views-X Flood
  • Heated Sq Ft: 2400
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0118
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 4
  • Countertops: Corian
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • View: Golf Course, Ocean

Garage/Parking

  • Garage: 1 Car

Utilities

  • Cooling: Central
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Septic Fee: 126
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2700

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Corner, Level
  • Lot Number: Lot 4
  • Deed Book: 1898

Rental Info

  • Est Annual Rental Income: 34000
  • Estimated Rental Performance: 0.0829
  • Other Expenses: 1980
  • Other Expenses2: 90
  • Other Expenses3: 480
  • Poolspa Expense: 1000
  • Rental Co: Managed by Homeowner
  • Rental Cottage Name: Forever Young
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2100
  • Annual Water Expense: 360

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2014
  • Taxes: 2783

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Dec 22, 2014
Sold by
Young Grayson H and Young Vellnda A
Bought by
Veldran Steven P
Seller's Agent
Matt Huband
OBX Realty Group, LLC
Buyer's Agent
Pamela Howard
Coastal Shores Realty Group
List Price
$450,000
Sold Price
$410,000
Premium/Discount to List
-$40,000
-8.89%
Current Estimated Value
$840,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$430,761
Avg. Annual Appreciation
6.68%
Original Mortgage
$328,000
Outstanding Balance
$252,353
Interest Rate
4.04%
Mortgage Type
New Conventional
Estimated Equity
$585,407

Purchase Details

Listed on
Mar 22, 2012
Closed on
Apr 23, 2012
Sold by
Aurora Loan Services Llc
Bought by
Young Grayson H and Young Velinda A
Seller's Agent
Sebastian Pignato
Tidal Realty, LLC
Buyer's Agent
Matt Huband
OBX Realty Group, LLC
List Price
$344,900
Sold Price
$344,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%
Original Mortgage
$310,065
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2011
Sold by
White Alvin D and White Mary
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Jul 11, 2008
Sold by
Beazley Louis Michael and Beazley Deborah J
Bought by
Beazley Louis Michael

Purchase Details

Closed on
Nov 16, 2006
Sold by
Sullivan Robert C and Sullivan Susan B
Bought by
White Alvin D and White Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
8.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2005
Sold by
Sea View Place Partnership
Bought by
Sullivan Robert C and Sullivan Susan B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
5.61%
Mortgage Type
Construction

Purchase Details

Closed on
May 28, 2005
Sold by
Sea View Place Partnership
Bought by
Parry Jay P

Purchase Details

Closed on
Apr 22, 2005
Sold by
Sea View Place Partnership
Bought by
Kelly Peter F and Kelly Elizabeth S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Veldran Steven P -- Attorney
Young Grayson H $345,000 None Available
Aurora Loan Services Llc $337,500 None Available
Beazley Louis Michael -- None Available
White Alvin D $570,000 None Available
Sullivan Robert C -- None Available
Sullivan Robert C -- None Available
Parry Jay P $220,000 None Available
Kelly Peter F $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Veldran Steven P $328,000
Previous Owner Young Grayson H $310,065
Previous Owner White Alvin D $570,000
Previous Owner Sullivan Robert C $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/29/2014 12/29/14 Sold $410,000 -8.9% $171 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
09/03/2014 09/03/14 For Sale $450,000 +30.5% $188 / Sq Ft
05/28/2012 05/28/12 Sold $344,900 0.0% $150 / Sq Ft View Prior Sale
04/20/2012 04/20/12 Pending -- -- --
03/22/2012 03/22/12 For Sale $344,900 -- $150 / 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 $3,556 $718,800 $259,600 $459,200
2024 $3,420 $473,100 $129,800 $343,300
2023 $3,420 $486,832 $129,800 $357,032
2022 $3,410 $486,832 $129,800 $357,032
2021 $3,410 $486,832 $129,800 $357,032
2020 $3,410 $486,832 $129,800 $357,032
2019 $3,006 $358,700 $111,300 $247,400
2018 $3,016 $358,700 $111,300 $247,400
2017 $3,016 $358,700 $111,300 $247,400
2016 $2,857 $358,700 $111,300 $247,400
2014 $2,783 $358,700 $111,300 $247,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 85072

Outer Banks Association of REALTORS®

APN: 028081011