NOT LISTED FOR SALE

508 First Flight Run Kitty Hawk, NC 27949

Estimated Value: $1,768,000 - $1,936,000

7 Beds
8 Baths
3,514 Sq Ft
$523/Sq Ft Est. Value

Last Sold November 06, 2020

Last sale price $1,200,000 $341 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $10,961/month

13 Days on Market

Highlights

  • Private Dock
  • Views of a Sound
  • In Ground Pool
  • Kitty Hawk Elementary School Rated 9+
  • Home fronts a sound
  • Sauna

About This Home

As of November 2020

Enjoy true coastal living with breathtaking unobstructed water views. This gorgeous Kitty Hawk home is an exceptional find on the desirable Kitty Hawk Bay and Albemarle Sound front. Refined elegance abounds throughout with beautiful finishes and custom details. The custom pool deck was designed with entertainment in mind and features a custom gunite pool with a waterfall, swim-up bar, travertine pavers, ledge loungers, and LED lights. Make your way up the stair tower to a Strong Spa hot tub, covered deck, and outdoor grill area where you will feel like you are on top of the world. Once inside, natural light sweeps through the vaulted ceilings showcasing the living room and kitchen in the reverse floor plan. The top floor also boasts the master bedroom with a luxurious master bath with a steam shower, sauna, dressing table, custom cabinetry, and double vanity. The kitchen was fully renovated in 2020 with custom cabinetry and GE Monogram appliances. With a total of 7 bedrooms, 6 full bathrooms, and 2 partial bathrooms, there is plenty of room for family and friends and the rental potential is phenomenal. Over the Wright Brothers multi-use path sits a private dock where you can watch sunsets and paddle boarders in the evenings. Recent exterior improvements include all NEW Trek decking and cable rail handrails, all NEW cedar shake siding, all NEW Bahama shutters, covered decking in the front and back. Additional interior improvements include all NEW cable rail handrails, interior paint throughout, and updated flooring, etc. Too many to list! The community of First Flight Ridge is private, gated, and centrally located to restaurants, shops, and the beautiful Kitty Hawk beaches. This house is a must see!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 08/12/2020

Landmark Sotheby's International Realty

Co-Listed By

Cameron Griggs

Coldwell Banker Seaside Realty KH License #294636

Last Buyer's Agent

Carol Perry

Sun Realty - KDH License #204144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,451

Year Built

  • Built in 2005

Lot Details

  • 0.41 Acre Lot
  • Home fronts a sound
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $83 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,514 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Loft
  • Game Room
  • Sauna
  • Views of a Sound
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Private Dock
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Tiki or Chickee Hut
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 28R

Community Details

Overview

  • Association fees include road maintenance, walkways
  • Sterling Parker Association, Phone Number (252) 722-1906
  • First Flt Ridge Subdivision

Recreation

  • Community Boardwalk

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,451

Year Built

Built in 2005

Lot Details

0

HOA Fees

$83 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Ceiling Fan(s), Common Laundry Area, Covered Decks, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Sauna, Smoke Detector(s), Steam Room, Storage Shed, Sun Deck, Tiki Bar, Boat Dock, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Luxury Soundfront * X flood
  • Heated Sq Ft: 3514
  • L V T Date: 08/12/2020
  • Primary Residence: Yes
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: RES
  • Deed Book Pg Number: 0468
  • 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: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Freezer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Refrigerator
  • Bedrooms: 7
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Interior Amenities: 9' Ceilings, All Window Treatments, Attic, Cathedral Ceiling(s), Cedar Closet(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Loft, Office
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Gunite, Custom, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Walkways
  • Association Amenities: Gated Community, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 1000
  • Hoa Contact: Sterling Parker
  • HOA Contact: 252-722-1906

Lot Info

  • Estimated Lot Sq Ft: 18000
  • Lot Description: Level, Water Frontage
  • Lot Number: Lot 28R
  • Estimated Lot Size: 0.41
  • Deed Book: 1892

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2019
  • Taxes: 3451.21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Nov 6, 2020
Sold by
Tonnesen David W and Tonnesen Cynthia A
Bought by
Flavin Tiffany and Flavin Mark
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Carol Perry
Sun Realty - KDH
List Price
$1,199,000
Sold Price
$1,200,000
Premium/Discount to List
$1,000
0.08%
Current Estimated Value
$1,838,751

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$638,751
Avg. Annual Appreciation
9.68%
Original Mortgage
$960,000
Outstanding Balance
$865,365
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$973,386

Purchase Details

Closed on
Mar 22, 2012
Sold by
George Alex C and George Donna B
Bought by
Tonnesen David W and Tonnesen Cynthia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Flavin Tiffany $1,200,000 None Available
Tonnesen David W $750,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flavin Tiffany $960,000
Previous Owner Tonnesen David W $183,000
Previous Owner Tonnesen David W $417,000
Previous Owner George Alex C $780,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $1,200,000 +0.1% $341 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $1,199,000 -- $341 / 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 $7,605 $1,051,300 $270,000 $781,300
2023 $7,583 $1,082,552 $270,000 $812,552
2022 $7,605 $1,082,552 $270,000 $812,552
2021 $7,364 $1,051,300 $270,000 $781,300
2020 $5,778 $824,900 $270,000 $554,900
2019 $5,948 $734,300 $240,900 $493,400
2018 $5,948 $734,300 $240,900 $493,400
2017 $5,948 $734,300 $240,900 $493,400
2016 $5,341 $693,600 $240,900 $452,700
2014 $5,471 $706,200 $240,900 $465,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110524

Outer Banks Association of REALTORS®

APN: 018413032