NOT LISTED FOR SALE

5013 Martins Point Rd Kitty Hawk, NC 27949

Estimated Value: $1,596,000 - $1,996,000

4 Beds
5 Baths
4,045 Sq Ft
$435/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $1,310,000 $324 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,941/month

Highlights

  • Boat Dock
  • In Ground Pool
  • Gated Community
  • First Flight Middle School Rated A-
  • Home fronts a creek
  • Creek or Stream View

About This Home

As of April 2021

Along the Ginguite Bay this dream home estate awaits you. Located in the lovely Martins Point gated community amazing 150' of waterfront views abound! This home has an enormous in-ground pool that overlooks the beautiful waterfront. The outdoor pavilion is an absolutely amazing entertaining area with a huge stone fireplace, kitchen, TV and beautiful wood ceilings. The exterior of the home is uniquely up fitted with a recent renovation with a new roof, Alaskan Yellow Cypress Shakes that are only grown on one side of a mountain and naturally stay light rather than turn dark gray. They are a 75 year product and the other renovation upgrades are top quality like the Andersen 400 Series windows. Imagine yourself napping on the screened in porch swinging day bed, so relaxing! The interior is exquisitely appointed and you must see to believe the tremendous value of this quality home. Natural gas in the home! More pictures to follow!

Last Agent to Sell the Property

Joseph Staten

OBX Island Realty License #270090 Listed on: 01/13/2021

Co-Listed By

Grace Anlauf

Live Oak Realty License #309364

Last Buyer's Agent

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,730

Year Built

  • Built in 1992

Lot Details

  • Home fronts a creek
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shake Siding

Interior Spaces

  • 4,045 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Creek or Stream Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 21,1/2 20 / 6

Community Details

Overview

  • Association fees include road maintenance, security
  • Seaside Mgmt, C/O Jeff Shields Association, Phone Number (252) 261-1200
  • Martin's Point Subdivision

Recreation

  • Boat Dock
  • Community Playground

Additional Features

  • Common Area
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,730

Year Built

Built in 1992

Lot Details

0

HOA Fees

$122 per month

Listing Details

  • Class: RESIDENTIAL
  • Flood Zone: AE, X
  • Subdivision Name: Martins Point Blk 6 Sec 1
  • Headline: Beautiful Waterfront Estate!
  • Heated Sq Ft: 4045
  • L V T Date: 01/13/2021
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Creekfront
  • Zoning: Res
  • Deed Book Pg Number: 0407
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: No
  • Newpoint Media: No
  • Office License Number: C3211
  • Outer Banks Software: No
  • Terradatum Inc: No
  • W And R Studios: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Walk in Closet, Wet Bar
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • View: Creek

Garage/Parking

  • Garage: 2 Car
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Security
  • Association Amenities: Boat Ramp, Boat Dock, Gated Community, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 1462
  • Hoa Contact: Seaside Mgmt, C/O Jeff Shields
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Bulkheaded, Level, Water Frontage
  • Lot Number: Lot21,1/2 20
  • Deed Book: 1738

Building Info

  • Year Built: 1992

Tax Info

  • Year: 2020
  • Taxes: 5730

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2021
Closed on
Feb 24, 2021
Sold by
Jones Stephen L and Jones Michelle R
Bought by
Pirrung Christopher Manley and Pirrung Molly
Seller's Agent
Joseph Staten
OBX Island Realty
Buyer's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
List Price
$1,310,000
Sold Price
$1,310,000
Current Estimated Value
$1,760,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,519
Avg. Annual Appreciation
6.82%
Original Mortgage
$1,044,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2007
Sold by
Reid Kenneth W and Reid Laura L
Bought by
Jones Stephen L and Jones Michelle R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 14, 2005
Sold by
Shope Walter H and Shope Elizabeth L
Bought by
Reid Kenneth W and Reid Laura L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,400,000
Interest Rate
5.66%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pirrung Christopher Manley $1,310,000 None Available
Jones Stephen L $1,075,000 Chicago Title Insurance Comp
Reid Kenneth W $995,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pirrung Christopher Manley $1,044,000
Previous Owner Jones Stephen L $675,000
Previous Owner Reid Kenneth W $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/23/2021 04/23/21 Sold $1,310,000 0.0% $324 / Sq Ft
01/13/2021 01/13/21 Pending -- -- --
01/13/2021 01/13/21 For Sale $1,310,000 -- $324 / 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 $5,822 $1,025,700 $424,200 $601,500
2023 $2,880 $1,030,700 $424,200 $606,500
2022 $5,658 $1,030,700 $424,200 $606,500
2021 $5,738 $1,064,830 $424,200 $640,630
2020 $5,730 $1,066,040 $424,200 $641,840
2019 $6,116 $937,100 $363,800 $573,300
2018 $6,124 $937,100 $363,800 $573,300
2017 $4,868 $754,500 $363,800 $390,700
2016 $4,675 $754,500 $363,800 $390,700
2014 $4,697 $754,500 $363,800 $390,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112418

Outer Banks Association of REALTORS®

APN: 028302000