NOT LISTED FOR SALE

48 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $2,246,000 - $5,948,000

4 Beds
3.5 Baths
2,824 Sq Ft
$1,321/Sq Ft Est. Value

Last Sold July 26, 2013

Last sale price $875,000 $310 Per Sq Ft

Est. 326% increase in value since last sale

Current estimated payment $22,242/month

29 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Garage
  • Kitty Hawk Elementary School Rated 9+
  • Cottage
  • Carpet

About This Home

As of July 2013

Great convenient location with deep oceanfront double oceanfront lots. This home is most likely a "tear down", but has nice paved parking and a nice dune deck and walkway to the beach. It is possible to construct two new oceanfront homes on this valuable lot. Bring all offers.

Last Agent to Sell the Property

John Myers

Twiddy and Co. - Duck License #69112 Listed on: 06/13/2013

Last Buyer's Agent

Charlie Byrne

Southern Shores Realty License #53291

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,305

Year Built

  • Built in 1955

Lot Details

  • Beach Front

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,824 Sq Ft Home
  • Carpet
  • Ocean Views

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • Garage
  • Carport

Utilities

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

Listing and Financial Details

  • Legal Lot and Block s 11 & 12 / 4

Community Details

Overview

  • Southern Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,305

Year Built

Built in 1955

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Cottage
  • Directions: North on NC 12 off US158. House is on right approximately 1/4 mile.
  • Extras: Boardwalk to Beach
  • Subdivision Name: Southern Shores Amended
  • Headline: May be separated into two lots
  • Heated Sq Ft: 2824
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 109
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Floor Coverings: Carpet
  • Foundation: Piling
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 50

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lots 11 & 12
  • Deed Book: 1890

Building Info

  • Year Built: 1955

Tax Info

  • Year: 2013
  • Taxes: 7305.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2019
Sold by
Virginias M Owens Ret
Bought by
48 Ocen Blvd Llc
Total Days on Market
29
Current Estimated Value
$3,731,545

Purchase Details

Listed on
Jun 13, 2013
Closed on
Jul 26, 2013
Sold by
Gaw John G
Bought by
Owens Virginia M and The Virginia M Owens Revocable Trust
Seller's Agent
John Myers
Twiddy and Co. - Duck
Buyer's Agent
Charlie Byrne
Southern Shores Realty
List Price
$1,087,000
Sold Price
$875,000
Premium/Discount to List
-$212,000
-19.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%

Purchase Details

Listed on
Jun 13, 2013
Closed on
Jul 24, 2013
Sold by
Gaw John G
Bought by
Owens Virginia M and Virginia M Owens Revocable Trust
Seller's Agent
John Myers
Twiddy and Co. - Duck
Buyer's Agent
Charlie Byrne
Southern Shores Realty
List Price
$1,087,000
Sold Price
$875,000
Premium/Discount to List
-$212,000
-19.5%

Purchase Details

Closed on
Jan 4, 2010
Sold by
Wright Pauline C
Bought by
Wright Pauline C and Gaw John G
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
48 Ocen Blvd Llc -- --
Owens Virginia M $87,500,000 None Available
Owens Virginia M -- None Available
Wright Pauline C -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2013 07/26/13 Sold $875,000 -19.5% $310 / Sq Ft
07/12/2013 07/12/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $1,087,000 -- $385 / 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 $16,208 $2,149,100 $955,700 $1,193,400
2023 $8,607 $2,196,836 $955,700 $1,241,136
2022 $16,208 $2,196,836 $955,700 $1,241,136
2021 $16,208 $2,196,836 $955,700 $1,241,136
2020 $13,100 $2,196,836 $955,700 $1,241,136
2019 $13,680 $1,931,800 $915,700 $1,016,100
2018 $0 $1,931,800 $915,700 $1,016,100
2017 $9,667 $1,401,000 $915,700 $485,300
2016 $5,952 $915,700 $915,700 $0
2014 $5,952 $915,700 $915,700 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 79455

Outer Banks Association of REALTORS®

APN: 022618000