NOT LISTED FOR SALE

98 Ocean Blvd Kitty Hawk, NC 27949

Estimated Value: $1,941,000 - $6,013,000

3 Beds
2 Baths
1,150 Sq Ft
$2,919/Sq Ft Est. Value

Last Sold October 16, 2018

Last sale price $900,000 $783 Per Sq Ft

Est. 273% increase in value since last sale

Current estimated payment $19,106/month

244 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Screened Porch
  • Kitty Hawk Elementary School Rated 9+
  • Coastal Architecture
  • Beamed Ceilings

About This Home

As of October 2018

What a terrific oceanfront location for this vintage 3 bedroom 2 bath Southern Shores Flat Top. The beautiful woodwork will catch your eye right away in this classic home that brings back memories of much simpler days. The large screened in porch will give you a place to unwind and listen to the sounds of the ocean. This is a huge oceanfront lot, (100' wide) and would also be a great spot to build your Outer Banks dream home if that is your preference. Don't let this one get away.

Last Agent to Sell the Property

Marty Griffin

Coldwell Banker Seaside Realty KH License #199715 Listed on: 07/12/2017

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Sumit Gupta

VR Real Estate Advisors, LLC License #212627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,253

Year Built

  • Built in 1950

Lot Details

  • 0.73 Acre Lot
  • Beach Front

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Cottage
  • Slab Foundation
  • Lap Siding
  • Masonry

Interior Spaces

  • 1,150 Sq Ft Home
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Screened Porch
  • Vinyl Flooring
  • Ocean Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Southern Shores Subdivision

Listing and Financial Details

  • Tax Lot 1-2

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,253

Year Built

Built in 1950

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Cottage
  • Directions: Near Chicahauk Tr. on the oceanfront in Southern Shores
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Southern Shores Sec. 2
  • Headline: Classic Oceanfront Flat Top
  • Heated Sq Ft: 1150
  • L V T Date: 07/12/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0500
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Vinyl
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interior Amenities: Beamed Ceiling(s), Wood Fireplace

Exterior Features

  • Construction: Block, Masonry
  • Exterior: Asbestos, Block, Lap Siding
  • Roof: Tar/Gravel
  • View: Ocean

Utilities

  • Cooling: Window Units
  • Heating: Baseboard
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Estimated Lot Sq Ft: 32000
  • Lot Description: Beach Frontage
  • Lot Number: Lot 1-2
  • Estimated Lot Size: 0.73
  • Deed Book: 2004

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Southern Shores Realty
  • Rental Cottage Name: Brooks
  • Rental Cottage Number: 081
  • Rental Phone Number: 252-261-2000
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2016
  • Taxes: 6252.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2017
Closed on
Oct 8, 2018
Sold by
Brooks Suwswan C and Phillips Beverly B
Bought by
98 Ocean Blvd Llc
Seller's Agent
Marty Griffin
Coldwell Banker Seaside Realty KH
Buyer's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Current Estimated Value
$3,357,292

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,457,292
Avg. Annual Appreciation
21.18%
Original Mortgage
$1,900,000
Outstanding Balance
$1,667,151
Interest Rate
4.6%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,733,396
Source: Public Records

Range of Values:

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Average Value
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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
98 Ocean Blvd Llc $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 98 Ocean Blvd Llc $1,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2018 10/16/18 Sold $900,000 -5.3% $783 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
02/07/2018 02/07/18 For Sale $950,000 0.0% $826 / Sq Ft
02/07/2018 02/07/18 Price Changed $950,000 -4.0% $826 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
07/12/2017 07/12/17 For Sale $990,000 -- $861 / 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 $16,460 $2,184,300 $1,017,800 $1,166,500
2023 $16,460 $2,230,960 $1,017,800 $1,213,160
2022 $16,460 $2,230,960 $1,017,800 $1,213,160
2021 $16,460 $2,230,960 $1,017,800 $1,213,160
2020 $13,303 $2,230,960 $1,017,800 $1,213,160
2019 $6,642 $962,600 $962,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97086

Outer Banks Association of REALTORS®

APN: 022525000