NOT LISTED FOR SALE

5017 Martins Point Rd Kitty Hawk, NC 27949

Estimated Value: $1,536,000 - $1,774,000

0.92 Acre
$1,796,590 Price per Acre
40,000 Sq Ft Lot

Last Sold October 10, 2012

Last sale price $349,900

Est. 371% increase in value since last sale

Current estimated payment $9,320/month

93 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Views of a Sound
  • Home fronts a creek
  • First Flight Middle School Rated A-
  • Boat Dock
  • Gated Community

About This Lot

As of October 2012

Incredible deep, deep lot with 100 feet of water frontage. Owner has left several specimen trees on the lot so that the new owner can incorporate them into the landscape. Martins Point is the only true gated community on the Outer Banks, convenient to the beaches and connected to the beach with bike/walking paths! Close to grocery shopping, hardware stores, restaurants and of course, less than an hour to the shopping and medical in Chesapeake/Va Peach! Duck Woods Country Club is less than a mile away for the tennis/golf enthusiasts or just those that want a lazy day poolside! Less than an hour to the deepwater of the Atlantic from the convenience of your dock or the community Marina!! A pier and bulkhead can be constructed on this lot and listing agent has projected costs for both. Priced to sell for you to build your dream home in the best community on OBX!! Natural Gas has just arrived in Martins Point as the first community to be connected! Recently bush hogged pathway created to walk to the waterfront!

Last Agent to Sell the Property

John Thompson

Windswept Properties, LLC License #187607 Listed on: 06/15/2012

Last Buyer's Agent

Kent Copeland

Coldwell Banker Seaside Realty KH License #185671

Coldwell Banker Seaside Realty KH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,954

Lot Details

  • 0.92 Acre Lot
  • Home fronts a creek
  • 100 Feet of Waterfront
  • Property fronts a private road
  • Level Lot
  • Wooded Lot

HOA Fees

  • $66 Monthly HOA Fees

Property Views

  • Views of a Sound
  • Creek or Stream Views

Farming

  • Timber

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, grounds maintenance, management, road maintenance, security
  • Martin's Point Subdivision

Recreation

  • Boat Dock
  • Community Playground
  • Park

Additional Features

  • Common Area
  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,954

Lot Details

0

HOA Fees

$66 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: through gate; left on Martins Point Rd. approx 1.25 miles north on right
  • Flood Zone: AE, X
  • Headline: Martins Point Waterfront
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Creekfront
  • Zoning: res
  • Timber: Scattered
  • Deed Book Pg Number: 395
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 100
  • View: Creek, Sound
  • Water Frontage: 100

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Boat Dock, Gated Community, Park, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 795
  • Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance, Security

Lot Info

  • Estimated Lot Sq Ft: 40000
  • Lot Description: Level, Water Frontage, Wooded
  • Deed Book: 1232
  • Unit/Lot Number: lot #22

Tax Info

  • Year: 2012
  • Taxes: 1954

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2012
Closed on
Oct 7, 2012
Sold by
Bowen Paul R and Bowen Nobuko
Bought by
Baker Timothy Glenn and Baker Carole W
Seller's Agent
John Thompson
Windswept Properties, LLC
Buyer's Agent
Kent Copeland
Coldwell Banker Seaside Realty KH
List Price
$399,900
Sold Price
$349,900
Premium/Discount to List
-$50,000
-12.5%
Current Estimated Value
$1,649,761

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,299,861
Avg. Annual Appreciation
12.65%
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
Baker Timothy Glenn $1,749,500 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2012 10/10/12 Sold $349,900 -12.5% --
09/16/2012 09/16/12 Pending -- -- --
06/15/2012 06/15/12 For Sale $399,900 -- --
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 $6,100 $1,070,700 $401,400 $669,300
2023 $6,058 $1,083,879 $401,400 $682,479
2022 $5,950 $1,083,900 $401,400 $682,500
2021 $5,841 $1,083,922 $401,400 $682,522
2020 $5,828 $1,084,331 $401,400 $682,931
2019 $6,184 $975,600 $344,700 $630,900
2018 $6,182 $975,600 $344,700 $630,900
2017 $6,140 $975,600 $344,700 $630,900
2016 $5,746 $975,600 $344,700 $630,900
2014 -- $920,700 $344,700 $576,000
Source: Public Records

Agents Affiliated with this Home

  • John Thompson

    Seller's Agent in 2012

    John Thompson

    Windswept Properties, LLC

    (252) 441-1201

    2 in this area

    7 Total Sales

    John Thompson
    Section Image
  • Kent Copeland

    Buyer's Agent in 2012

    Kent Copeland

    Coldwell Banker Seaside Realty KH

    (252) 202-2815

    1 in this area

    59 Total Sales

    Kent Copeland
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75235

Outer Banks Association of REALTORS®

APN: 016532000

North Carolina Dare County Kitty Hawk 27949

5017 Martins Point Rd, Kitty Hawk, NC

This home is located at 5017 Martins Point Rd, Kitty Hawk, NC 27949 since 15 June 2012 and is currently estimated at $1,649,761. 5017 Martins Point Rd is a home located in Dare County with nearby schools including Kitty Hawk Elementary School, First Flight Middle School, and First Flight High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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