NOT LISTED FOR SALE

502 First Flight Run Kitty Hawk, NC 27949

Estimated Value: $1,345,000 - $1,486,000

0.52 Acre
$2,723,627 Price per Acre
22,500 Sq Ft Lot

Last Sold November 07, 2012

Last sale price $225,000

Est. 551% increase in value since last sale

Current estimated payment $8,280/month

254 Days on Market

Highlights

  • 105 Feet of Waterfront
  • Views of a Sound
  • Level Lot
  • First Flight Middle School Rated A-
  • Gated Community

About This Lot

As of November 2012

This soundfront homesite is one of the very last in the upscale community of First Flight Ridge. The neiborhood is growing, don't miss out on this opportunity. ***Priced $188,000 below the county assessment, this is a great time to own*** Lowest priced soundfront in First Flight. Your home on this property will afford beautiful sunsets looking out over Kitty Hawk Bay into the Albemarle Sound. This is a very peaceful, quiet and serene setting. The community backs up to the towns soundfront walking path. The community pier is great for enjoying the water. This property is close to everything on the Outer Banks, including the beach. Enjoy being right in the middle of it all but having the privacy and water views that you want.

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's Internation License #194377 Listed on: 01/04/2012

Landmark Sotheby's Internation

Last Buyer's Agent

Danielle Taylor

Keller Williams - Outer Banks License #273134

Keller Williams - Outer Banks

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,222

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 81 x 279 x 105 x 317
  • 105 Feet of Waterfront
  • Home fronts a sound
  • Property fronts a private road
  • Level Lot
  • Cleared Lot

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Views of a Sound

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Block 3

Community Details

Overview

  • Association fees include common electric, management, road maintenance, walkways
  • Sterling Parker Association
  • First Flt Ridge Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$2,222

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn into First Flight Ridge just south of Capt Franks. Go all the way to the sound. Soundfront.
  • Flood Zone: AE
  • Subdivision Name: First Flight Ridge
  • Headline: Premier Soundfront Homesite
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 0126
  • Middle School District: First Flight
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 81
  • View: Sound
  • Water Frontage: 105

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Gated Community, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 500
  • Hoa Contact: Sterling Parker
  • HOA Contact: 441-7860
  • Fee Includes: Common Electric, Management, Road Maintenance, Walkways

Lot Info

  • Estimated Lot Sq Ft: 22500
  • Lot Description: Level, Water Frontage, Cleared
  • Lot Faces: E
  • Lot Size: 81 X 279 X 105 X 317
  • Deed Book: 1612
  • Unit/Lot Number: Lot 25R

Tax Info

  • Year: 2011
  • Taxes: 2222

MLS Schools

  • Senior High School District: First Flight

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 10, 2025
Sold by
Taylor Michael E and Barrie Danielle
Bought by
Boucher Carla M and Boucher Donald J
Current Estimated Value
$1,463,931

Purchase Details

Listed on
Jan 4, 2012
Closed on
Nov 7, 2012
Sold by
Loll Patricia P and Loll Kim R
Bought by
Taylor Michael E and Danielle Taylor B
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Danielle Taylor
Keller Williams - Outer Banks
List Price
$295,000
Sold Price
$225,000
Premium/Discount to List
-$70,000
-23.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.91%
Original Mortgage
$105,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2004
Sold by
First Flight Ridge Llc
Bought by
Loll Patricia P and Loll Kim R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Boucher Carla M $1,430,000 None Listed On Document
Boucher Carla M $1,430,000 None Listed On Document
Boucher Carla M $1,430,000 None Listed On Document
Taylor Michael E $225,000 None Available
Loll Patricia P $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Taylor Michael E $105,000
Previous Owner Loll Patricia P $427,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/07/2012 11/07/12 Sold $225,000 -23.7% --
09/14/2012 09/14/12 Pending -- -- --
01/04/2012 01/04/12 For Sale $295,000 -- --
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 $6,991 $1,446,800 $434,800 $1,012,000
2024 $5,851 $835,200 $277,500 $557,700
2023 $5,851 $835,200 $277,500 $557,700
2022 $5,851 $835,200 $277,500 $557,700
2021 $5,851 $835,200 $277,500 $557,700
2020 $5,851 $835,200 $277,500 $557,700
2019 $6,336 $782,200 $244,200 $538,000
2018 $6,336 $782,200 $244,200 $538,000
2017 $6,336 $782,200 $244,200 $538,000
2016 $6,023 $782,200 $244,200 $538,000
2014 $183 $244,200 $244,200 $0
Source: Public Records

Agents Affiliated with this Home

  • Brad Beacham

    Seller's Agent in 2012

    Brad Beacham

    Landmark Sotheby's Internation

    (252) 202-6920

    19 in this area

    181 Total Sales

    Brad Beacham
    Section Image
  • Danielle Taylor

    Buyer's Agent in 2012

    Danielle Taylor

    Keller Williams - Outer Banks

    (252) 489-9185

    18 in this area

    127 Total Sales

    Danielle Taylor
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73036

Outer Banks Association of REALTORS®

APN: 018413029

North Carolina Dare County Kitty Hawk 27949

502 First Flight Run, Kitty Hawk, NC

Not Listed for Sale

Lots

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