NOT LISTED FOR SALE

701 W Kitty Hawk Rd Kitty Hawk, NC 27949

4 Beds
2 Baths
1,392 Sq Ft
0.85 Acre Lot

Sale Details

Date Sold: April 26, 2013

Last sale price $150,000 $108 Per Sq Ft

61 Days on Market

Highlights

  • 131 Feet of Waterfront
  • 37,026 Sq Ft lot
  • Level Lot
  • First Flight Middle School Rated A-
  • Storm Doors
  • Carpet

About This Home

As of April 2013

What a deal for a Waterfront Duplex in great condition! Excellent return on investment or live in 1 half and collect the rent from the other half. This Legal Duplex is listed more than $65K under tax value! It is also zoned VC 1, so many commercial possibilities exist. Huge 0.85 acre lot with 131 feet of canal access. Per owner, canal is great for kayaking and canoeing all the way to the bay! Each unit consists of a living room, two bedrooms, a full bathroom, a kitchen, and a laundry alcove. Property is raised, affording a great amount of room for storage underneath.

Last Agent to Sell the Property

Alex Argiroff

Keller Williams Outer Banks KDH License #176145 Listed on: 02/09/2013

Keller Williams Outer Banks KDH

Last Buyer's Agent

Richard Tolson

RT Realty OBX, LLC License #119826

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,279

Year Built

  • Built in 1983

Lot Details

  • 37,026 Sq Ft Lot
  • Lot Dimensions are 67 x 99 x 304 x 131 x 234
  • 131 Feet of Waterfront
  • Home fronts a canal
  • Level Lot
  • Property is zoned VC 1

Home Design

  • 1,392 Sq Ft Home
  • Split Foyer
  • Frame Construction
  • Asphalt Shingled Roof
  • Modular or Manufactured Materials
  • Piling Construction
  • Vinyl Construction Material

Kitchen

  • Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Heating Available
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,279

Year Built

Built in 1983

Lot Details

0.85 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Split Entry/Raised Ranch
  • Directions: US-158 to W. Kitty Hawk Road. Property is on the left on corner of Moore Shore Rd.
  • Extras: Storm Doors
  • Flood Zone: AE
  • Headline: Legal Duplex 8% ROI!!!
  • Heated Sq Ft: 1392
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Canalfront
  • Zoning: VC 1
  • Deed Book Pg Number: 0364
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Dryer Connection, Washer Connection

Exterior Features

  • Construction: Frame, Modular (Pre-Fab)
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 67
  • Water Frontage: 131

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 37026
  • Lot Description: Level, Water Frontage
  • Lot Size: 67 x 99 x 304 x 131 x 234
  • Deed Book: 1648

Rental Info

  • Est Annual Rental Income: 15900
  • Estimated Rental Performance: 0.106
  • Lease Terms: Variable
  • Other Expenses: 157600
  • Rental Co: Wright Prop. Management
  • Rental Phone Number: 261-2186

Building Info

  • Year Built: 1983

Multi Family

  • No. of Units: 2

Tax Info

  • Year: 2012
  • Taxes: 1278.72

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2013
Closed on
Apr 26, 2013
Sold by
Bought by
Seller's Agent
Alex Argiroff
Keller Williams Outer Banks KDH
Buyer's Agent
Richard Tolson
RT Realty OBX, LLC
List Price
$199,900
Sold Price
$150,000
Premium/Discount to List
-$49,900
-24.96%

Purchase Details

Closed on
Aug 30, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,920
Interest Rate
0.014%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$150,000 None Available
$350,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $285,500
Closed $279,920
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/26/2013 04/26/13 Sold $150,000 -25.0% $108 / Sq Ft
04/11/2013 04/11/13 Pending -- -- --
02/09/2013 02/09/13 For Sale $199,900 -- $144 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,226 $460,700 $162,000 $298,700
2024 $1,601 $228,500 $85,500 $143,000
2023 $1,601 $228,500 $85,500 $143,000
2022 $1,601 $228,500 $85,500 $143,000
2021 $1,601 $228,500 $85,500 $143,000
2020 $1,601 $228,500 $85,500 $143,000
2019 $1,567 $193,500 $105,300 $88,200
2018 $1,567 $193,500 $105,300 $88,200
2017 $1,567 $193,500 $105,300 $88,200
2016 $1,490 $193,500 $105,300 $88,200
2014 $1,484 $197,800 $105,300 $92,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78256

Outer Banks Association of REALTORS®

APN: 018057000

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