NOT LISTED FOR SALE

1008 S Memorial Blvd Kill Devil Hills, NC 27948

Estimated Value: $939,526 - $1,122,000

5 Beds
4.5 Baths
2,970 Sq Ft
$334/Sq Ft Est. Value

Last Sold December 28, 2017

Last sale price $550,000 $185 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $5,567/month

421 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Second Refrigerator
  • First Flight Middle School Rated A-
  • In Ground Pool
  • Coastal Architecture

About This Home

As of December 2017

With the uniqueness of an ELEVATOR, great layout, solid income, many amenities and a short walk to the beach, this home can easily be used as a permanent home, second home, or rental investment property. This well maintained and nicely furnished home has an open floor plan on the top floor featuring the LR w Fireplace, DR, and Kit plus a pantry, owners closet, 1/2 BA and a separate wet bar area that opens to the upper deck providing limited ocean views. Great for entertaining. The King Size Master BR and Master BA with Jacuzzi tub, separate shower and double vanity sinks is also on this floor. The attic is accessed from this area providing for additional storage. The main entrance to the home is into the foyer on the second floor that contains 4 large bedrooms with 2 baths and a full front deck. The lower level with an entry foyer contains a large REC RM with sitting area, pool table, foosball table, and bar area w Fridge. A full bath, owners closet and washer/dryer is also on this level. The backyard contains the fenced in pool area with the 12X24 pool, hot tub, outside shower and grilling area. This home has all the amenities including multiple TVs, Stereos,CD,VCR,DVD players, cribs and baby gates to further enhance your living experience here on the Outer Banks. Own this home at minimal costs with the summer rental income.

Last Agent to Sell the Property

Jim Barnett

Barnett OBX Real Estate License #270757 Listed on: 10/03/2016

Co-Listed By

Duke Keiser

Default, Office License #198911

Last Buyer's Agent

Michael Siers

Howard Hanna Outer Banks Realty License #269494

Howard Hanna Outer Banks Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,708

Year Built

  • Built in 2002

Lot Details

  • 6,250 Sq Ft Lot
  • Lot Dimensions are 50'x125'
  • Fenced Yard
  • Level Lot

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Vinyl Construction Material

Interior Spaces

  • 2,970 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Marble Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Kill Devil Hills Sec 1 Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,708

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From 158 Bypass, turn West onto E Clark St (approx 9 MP) then Right onto S Memorial Blvd. House on Right.
  • Extras: Beach Access, Ceiling Fan(s), Elevator, Fenced Yard, Hot Tub, Outside Shower, Patio, Sun Deck, Whirlpool/Spa, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: Kill Devil Devil Hills Sec 1
  • Headline: Great Cash Flow & Beach Access
  • Heated Sq Ft: 2970
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 0215
  • Office License Number: C12206
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Kitchen: On Level: 3
  • Countertops: Marble, Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: On Level: 3
  • Family Room: On Level: Ground
  • Game Room: On Level: Ground
  • Living Room: On Level: 3
  • Optional Rooms: Foyer, Game Room, Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Mid&Top Lv
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2458

Lot Info

  • Estimated Lot Sq Ft: 6250
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 50'x125'
  • Lot Number: Lot 7
  • Deed Book: 1483

Rental Info

  • Est Annual Rental Income: 50585
  • Estimated Rental Performance: 0.092
  • Flood Expenses: 508
  • Lease Terms: Weekly
  • Other Expenses: 700
  • Poolspa Expense: 1430
  • Rental Co: Sun Realty
  • Rental Cottage Name: Down By The Sea
  • Rental Cottage Number: 381-A
  • Rental Phone Number: 252-441-7033
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2016
  • Taxes: 3708

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Dec 19, 2017
Sold by
Nichols Jonathan L and Nichols Mary G
Bought by
Shand Karen F and Karen F Shaud Revocable Trust
Seller's Agent
Jim Barnett
Barnett OBX Real Estate
Buyer's Agent
Michael Siers
Howard Hanna Outer Banks Realty
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Current Estimated Value
$991,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$441,632
Avg. Annual Appreciation
7.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Shand Karen F $550,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2017 12/28/17 Sold $550,000 -4.7% $185 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
06/30/2017 06/30/17 Price Changed $577,000 -7.7% $194 / Sq Ft
10/03/2016 10/03/16 For Sale $625,000 -- $210 / 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
2025 $5,017 $901,700 $318,000 $583,700
2024 $4,575 $586,900 $162,000 $424,900
2023 $2,351 $603,896 $162,000 $441,896
2022 $4,351 $603,896 $162,000 $441,896
2021 $4,351 $603,896 $162,000 $441,896
2020 $4,351 $603,896 $162,000 $441,896
2019 $3,965 $440,000 $124,200 $315,800
2018 $0 $440,000 $124,200 $315,800
2017 $3,878 $440,000 $124,200 $315,800
2016 $3,696 $440,000 $124,200 $315,800
2014 $3,559 $440,000 $124,200 $315,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93960

Outer Banks Association of REALTORS®

APN: 027640000