NOT LISTED FOR SALE

5 10th Ave Kitty Hawk, NC 27949

Estimated Value: $1,805,000 - $2,285,000

7 Beds
7 Baths
5,790 Sq Ft
$349/Sq Ft Est. Value

Last Sold November 02, 2020

Last sale price $1,100,000 $190 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $11,470/month

170 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Second Refrigerator
  • Kitty Hawk Elementary School Rated 9+
  • In Ground Pool
  • Coastal Architecture

About This Home

As of November 2020

SOUTHERN SHORES SEMI-OCEANFRONT. PROJECTED TO DO OVER $126K IN INCOME/YEAR. This 7 bedroom home features spacious living areas with plenty of amenities. Elevator, Billiards room, theater room, exercise room, wood and tile floors, granite counter tops, stainless steel appliances, double ovens, heated pool, hot tub, and more! Conveniently located in Southern Shores… a quiet neighborhood with quick access to great restaurants and boutique shopping in Duck Village or just minutes from Kitty Hawk! Optional Tennis, Boating, and Golf Club Memberships are available for Southern Shores for a $95 annual fee. Recent Updates in 2017: pool heater, game room carpet, exterior paint, and refinished great room floor. Room for growth, but is a consistent rental income producer of over $106K annually as is.

Last Agent to Sell the Property

Four Seasons Realty

Four Seasons Realty License #177785 Listed on: 03/06/2020

Co-Listed By

Robert Konstanzer

Four Seasons Realty License #189406

Last Buyer's Agent

Randy Jones

EXP Realty, LLC - Coastal License #187811

EXP Realty, LLC - Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,729

Year Built

  • Built in 2005

Lot Details

  • Ocean Front
  • Fenced Yard
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof

Interior Spaces

  • 5,790 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Wine Cooler

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • Ssa Association
  • Sea Crest Villg Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 / 55

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,729

Year Built

Built in 2005

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Covered Decks, Elevator, Fenced Yard, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Headline: SEMI-OF in SS
  • Heated Sq Ft: 5790
  • L V T Date: 03/06/2020
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Advertised Income 2020: 98530
  • Deed Book Pg Number: 0117
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14915
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, Washer, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 7
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Tile, Wood
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Office, Home Theater, Media Room
  • Partial Bathrooms: 2

Exterior Features

  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 95
  • Hoa Contact: SSA
  • HOA Contact: SOUTHERN SHORES HOA

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 5
  • Deed Book: 1544

Rental Info

  • Est Annual Rental Income: 126155
  • Estimated Rental Performance: 0.1147
  • Rental Co: Twiddy and Company
  • Rental Cottage Name: Sea View II
  • Rental Cottage Number: A171
  • Rental Turnover Day: Friday
  • Rental Contact Email: jkavanaugh@twiddy.com
  • Rental Contact Name: Jen Kavanaugh

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2019
  • Taxes: 8729.32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Oct 13, 2020
Sold by
Lanks Karl W and Lanks Nena Chin
Bought by
Elysian Llc
Seller's Agent
Four Seasons Realty
Four Seasons Realty
Buyer's Agent
Randy Jones
EXP Realty, LLC - Coastal
List Price
$1,189,000
Sold Price
$1,100,000
Premium/Discount to List
-$89,000
-7.49%
Current Estimated Value
$2,020,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$920,260
Avg. Annual Appreciation
13.08%
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
Elysian Llc $1,100,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/02/2020 11/02/20 Sold $1,100,000 -7.5% $190 / Sq Ft
08/23/2020 08/23/20 Pending -- -- --
08/20/2020 08/20/20 For Sale $1,189,000 0.0% $205 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $1,189,000 -0.8% $205 / Sq Ft
03/06/2020 03/06/20 For Sale $1,199,000 -- $207 / 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 $8,378 $1,226,000 $513,000 $713,000
2023 $4,910 $1,254,520 $513,000 $741,520
2022 $8,359 $1,254,520 $513,000 $741,520
2021 $8,359 $1,254,520 $513,000 $741,520
2020 $7,481 $1,254,520 $513,000 $741,520
2019 $8,729 $1,226,400 $452,000 $774,400
2018 $8,729 $1,226,400 $452,000 $774,400
2017 $8,729 $1,226,400 $452,000 $774,400
2016 $8,223 $1,226,400 $452,000 $774,400
2014 $8,223 $1,226,400 $452,000 $774,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108643

Outer Banks Association of REALTORS®

APN: 021216000