NOT LISTED FOR SALE

503 First Flight Run Kitty Hawk, NC 27949

Estimated Value: $1,115,000 - $1,269,000

0.34 Acre
$3,524,812 Price per Acre
14,810 Sq Ft Lot

Last Sold April 24, 2020

Last sale price $185,000

Est. 548% increase in value since last sale

Current estimated payment $6,824/month

49 Days on Market

Highlights

  • Views of a Sound
  • Home fronts a sound
  • Cul-De-Sac
  • First Flight Middle School Rated A-
  • Gated Community

About This Lot

As of April 2020

Kitty Hawk's finest gated community comprised of 83 lots. Come own one of the few remaining semi-sound front lots available. Lot 36 is steps away from the bike path. Beautiful, picturesque sunsets.

Last Agent to Sell the Property

Austin Kelly

Great Escapes Vacations & Sales License #287520 Listed on: 01/05/2020

Last Buyer's Agent

Shane Collins

SERHANT North Carolina LLC License #271508

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
  • Cul-De-Sac

HOA Fees

  • $42 Monthly HOA Fees

Property Views

  • Views of a Sound

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, security
  • 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 between Capt Franks and Outer Banks Blue. Follow First Flight Run to the Sound and bear left. Lot is on left. First after corner lot.
  • Flood Zone: AE, X
  • Headline: Semi-sound Front
  • L V T Date: 01/20/2020
  • Roads: Private, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Soundfront
  • Zoning: RES
  • Deed Book Pg Number: 805
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C19850
  • 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
  • Association Fee: Yes
  • Estimated Annual Fee: 500
  • Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Security

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Cul-de-sac
  • Estimated Lot Size: 0.34
  • Deed Book: 2270
  • Unit/Lot Number: Lot 36

Tax Info

  • Year: 2019
  • Taxes: 1263.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2020
Closed on
Apr 24, 2020
Sold by
Pearl Carlen S and Pearl Kenneth M
Bought by
Scott Virginia R and Scott Eric J
Seller's Agent
Austin Kelly
Great Escapes Vacations & Sales
Buyer's Agent
Shane Collins
SERHANT North Carolina LLC
List Price
$184,900
Sold Price
$185,000
Premium/Discount to List
$100
0.05%
Current Estimated Value
$1,198,436

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,013,436
Avg. Annual Appreciation
39.11%
Original Mortgage
$579,960
Outstanding Balance
$512,798
Interest Rate
3.3%
Mortgage Type
Construction
Estimated Equity
$685,638

Purchase Details

Closed on
Nov 20, 2018
Sold by
Waves Construction Llc
Bought by
Pearl Kenneth M

Purchase Details

Closed on
Apr 13, 2005
Sold by
First Flight Ridge Llc
Bought by
Waves Construction Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 List to Sale Price per Sq Ft
04/24/2020 04/24/20 Sold $185,000 +0.1% --
02/23/2020 02/23/20 Pending -- -- --
01/05/2020 01/05/20 For Sale $184,900 -- --
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
2025 $5,814 $1,203,300 $296,300 $907,000
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

  • A

    Seller's Agent in 2020

    Austin Kelly

    Great Escapes Vacations & Sales

    Section Image
  • Shane Collins

    Buyer's Agent in 2020

    Shane Collins

    SERHANT North Carolina LLC

    (252) 202-1193

    17 in this area

    216 Total Sales

    Shane Collins
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107960

Outer Banks Association of REALTORS®

APN: 018413040

North Carolina Dare County Kitty Hawk 27949

503 First Flight Run, Kitty Hawk, NC

Not Listed for Sale

Lots

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.

Nearby Homes