NOT LISTED FOR SALE

88 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $1,312,000 - $2,597,000

7 Beds
4.5 Baths
3,004 Sq Ft
$738/Sq Ft Est. Value

Last Sold November 01, 2012

Last sale price $1,250,000 $416 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $12,781/month

21 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • 49,000 Sq Ft lot
  • Kitty Hawk Elementary School Rated 9+
  • Ocean View
  • Hydromassage or Jetted Bathtub

About This Home

As of November 2012

OCEANFRONT in Southern Shores!!! 7 bedrooms 4.5 baths unbelievably well maintained oceanfront with two large master bedrooms. A beautiful 100 foot wide high elevation lot with a very wide, high vegetated dune. Spacious, attractive great room with a wall of windows and sliders overlooking the ocean. Wet bar. Wood-burning fireplace. An interior ships watch that looks down on the beach and the multiple dune top and oceanfront decks. A well designed, bright open kitchen with tile backstops. An upstairs master bedroom with it’s own slider allowing you to lie in bed and look out at the ocean. A large, beautiful, cathedral ceilinged bathroom with a jet-tub and a separate shower. A huge amount of decks 1,960 sf. The downstairs master bedroom has a slider that opens onto a large covered deck with a nice old fashioned porch swing. The bath for this master has another jet tub. There are five more nice sized bedrooms and two baths on this floor. One bedroom does not have a closet but the home is permitted for 7 bedrooms. A whopping $80,910 projected gross income. Look in Associated Docs for Survey, As Built Survey, Aerial Photos, Septic Permit, Rental Projections, RPD, Insurance/Utility information, exclusion list etc. Sold furnished with exceptions. Check out the VIRTUAL TOUR. Andersen windows and sliders. STORM SHIELD ROLL DOWN SHUTTERS for doors and windows. Complete rehabilitation and painting of the Hardi-Plank exterior and new carpeting/flooring in the interior, just completed. Three jet tubs. Home inspection completed in July and all issues addressed. Two zone heat pumps had supplemental bronzing to enhance lasting wear and are covered under warranty until 11/9/2014. A 176 sq. ft. inviting covered entrance porch. A huge 100 x 487 high elevation lot. Beautiful and extensive landscaping. For $50 per year the Southern Shores Civic Association lets you take advantage of three Sound side Marinas with boat launch and picnic and crabbing areas, Private Sound Beach, thirty-four Private Ocean Beach accesses, parks, basketball and soccer fields. Join the SSCA tennis for a small additional fee. Property priced well below assessment. EZ to show! Combo lockbox.

Last Agent to Sell the Property

Michael Ross

Southern Shores Realty License #105889 Listed on: 09/07/2012

Last Buyer's Agent

Kim Endre

Twiddy and Co. - Duck License #220350

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,990

Year Built

  • Built in 1990

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 100 x 487 x 100 x 493
  • Beach Front
  • 100 Feet of Waterfront
  • Landscaped

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,004 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block #3-4 / 8

Community Details

Overview

  • Association fees include management
  • Southern Shores Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,990

Year Built

Built in 1990

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: North on Rte 12. Home on ocean front.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Jet Tub, Landscaped, Sun Deck
  • Headline: Southern Shores Oceanfront
  • Heated Sq Ft: 3004
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 0036
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 7
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cedar Closet(s), Ensuite, Wet Bar, Wood Fireplace
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Ocean Access, Park, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 50
  • Home Owner Dwelling Insurance: 4347

Lot Info

  • Estimated Lot Sq Ft: 49000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: 100 x 487 x 100 x 493
  • Lot Number: Lot #3-4
  • Deed Book: 1099

Rental Info

  • Est Annual Rental Income: 80910
  • Estimated Rental Performance: 0.0647
  • Annual Cable TV Expense: 1183
  • Annual Electric: 1799
  • Annual Telephone Expense: 1251
  • Annual Water Expense: 948

Building Info

  • Year Built: 1990

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 7990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2012
Closed on
Oct 23, 2012
Sold by
Knapp Louis H
Bought by
Harding Susan Hersey and The Susan Hersey Harding Revocable Trust
Seller's Agent
Michael Ross
Southern Shores Realty
Buyer's Agent
Kim Endre
Twiddy and Co. - Duck
List Price
$1,399,900
Sold Price
$1,250,000
Premium/Discount to List
-$149,900
-10.71%
Current Estimated Value
$2,216,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$966,437
Avg. Annual Appreciation
4.55%
Source: Public Records

Range of Values:

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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
Harding Susan Hersey $7,993,560 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Knapp Louis H $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2012 11/01/12 Sold $1,250,000 -10.7% $416 / Sq Ft
09/28/2012 09/28/12 Pending -- -- --
09/07/2012 09/07/12 For Sale $1,399,900 -- $466 / 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 $11,621 $1,552,700 $1,045,400 $507,300
2023 $6,219 $1,572,992 $1,045,400 $527,592
2022 $11,606 $1,572,992 $1,045,400 $527,592
2021 $11,606 $1,572,992 $1,045,400 $527,592
2020 $9,380 $1,572,992 $1,045,400 $527,592
2019 $9,330 $1,334,600 $982,800 $351,800
2018 $0 $1,334,600 $982,800 $351,800
2017 $9,342 $1,334,600 $982,800 $351,800
2016 $8,789 $1,334,600 $982,800 $351,800
2014 $8,789 $1,334,600 $982,800 $351,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76198

Outer Banks Association of REALTORS®

APN: 022640000