NOT LISTED FOR SALE

503 First Flight Run Kitty Hawk, NC 27949

Estimated Value: $1,144,000 - $1,336,000

0.34 Acre
$3,641,441 Price per Acre
14,810 Sq Ft Lot

Last Sold November 20, 2018

Last sale price $180,000

Est. 588% increase in value since last sale

Current estimated payment $7,062/month

75 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Gated Community
  • Kitty Hawk Elementary School Rated 9+

About This Lot

As of November 2018

Enjoy the Water views from this large SEMI-SOUNDFRONT lot located in First Flight Ridge, one of Kitty Hawk's most prestigious communities. The property is surrounded by beautiful homes and located just steps away from the community pier which extends out over Kitty Hawk Bay providing sound access and viewing area for some of the most Spectacular Sunsets. The First Flight Ridge community also provides security with Private Gated Entry, Restrictive Covenants and Architectural Guidelines in place for keeping the community as special in the future as it is today. A place for family and friends to call home, here on the Beautiful Outer Banks of North Carolina.

Last Agent to Sell the Property

Kent Copeland

Coldwell Banker Seaside Realty KH License #185671 Listed on: 08/06/2018

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Austin Kelly

Great Escapes Vacations & Sales License #287520

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,264

Lot Details

  • 0.34 Acre Lot
  • Home fronts a sound
  • Property fronts a private road

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, common insurance, management, road maintenance, security
  • Sterling Parker Association
  • First Flt Ridge Subdivision

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,264

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn West onto First Flight Run at the First Flight Ridge Subdivision sign located between Captain Franks and Outer Banks Blue Realty Office. Follow First Flight Run to the Soundfront and bear to the left. Lot will be the second on the left.
  • Flood Zone: AE
  • Subdivision Name: First Flight Ridge
  • Headline: SEMI-SOUNDFRONT
  • L V T Date: 08/06/2018
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: RES
  • Deed Book Pg Number: 0336
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 90
  • View: Sound

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
  • Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Security

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Estimated Lot Size: 0.34
  • Deed Book: 1627
  • Unit/Lot Number: Lot 36

Tax Info

  • Year: 2018
  • Taxes: 1264

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 24, 2020
Sold by
Pearl Carlen S and Pearl Kenneth M
Bought by
Scott Virginia R and Scott Eric J
Current Estimated Value
$1,238,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$579,960
Outstanding Balance
$519,512
Interest Rate
3.3%
Mortgage Type
Construction
Estimated Equity
$736,317

Purchase Details

Listed on
Aug 6, 2018
Closed on
Nov 20, 2018
Sold by
Waves Construction Llc
Bought by
Pearl Kenneth M
Seller's Agent
Kent Copeland
Coldwell Banker Seaside Realty KH
Buyer's Agent
Austin Kelly
Great Escapes Vacations & Sales
List Price
$199,900
Sold Price
$180,000
Premium/Discount to List
-$19,900
-9.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.34%

Purchase Details

Closed on
Apr 13, 2005
Sold by
First Flight Ridge Llc
Bought by
Waves Construction Llc
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
Scott Virginia R $185,000 None Available
Pearl Kenneth M $180,000 --
Waves Construction Llc $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scott Virginia R $579,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2018 11/20/18 Sold $180,000 -5.2% --
10/20/2018 10/20/18 Pending -- -- --
09/21/2018 09/21/18 Price Changed $189,900 -5.0% --
08/06/2018 08/06/18 For Sale $199,900 -- --
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 $5,404 $771,500 $198,800 $572,700
2023 $5,404 $771,500 $198,800 $572,700
2022 $5,404 $771,500 $198,800 $572,700
2021 $5,404 $771,500 $198,800 $572,700
2020 $1,393 $198,800 $198,800 $0
2019 $1,264 $156,000 $156,000 $0
2018 $1,264 $156,000 $156,000 $0
2017 $1,264 $156,000 $156,000 $0
2016 $1,201 $156,000 $156,000 $0
2014 $1,170 $156,000 $156,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Kent Copeland

    Seller's Agent in 2018

    Kent Copeland

    Coldwell Banker Seaside Realty KH

    (252) 202-2815

    64 Total Sales

    Kent Copeland
    Section Image

  • A

    Buyer's Agent in 2018

    Austin Kelly

    Great Escapes Vacations & Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101515

Outer Banks Association of REALTORS®

APN: 018413040

North Carolina Dare County Kitty Hawk 27949

503 First Flight Run, Kitty Hawk, NC

This home is located at 503 First Flight Run, Kitty Hawk, NC 27949 since 06 August 2018 and is currently estimated at $1,238,090. 503 First Flight Run 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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