NOT LISTED FOR SALE

103 E Palmetto St Kill Devil Hills, NC 27948

Estimated Value: $1,011,952 - $1,098,000

4 Beds
5 Baths
2,464 Sq Ft
$426/Sq Ft Est. Value

Last Sold June 29, 2022

Last sale price $869,000 $353 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,739/month

161 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Granite Countertops
  • First Flight Middle School Rated A-
  • Coastal Architecture
  • Game Room

About This Home

As of June 2022

Rare opportunity!...Act quickly on this brand new construction 2022 custom home built by Lenz Homes! Located in a prime location just two blocks to the Avalon Pier and Awful Arthur’s!...and just 1000’ to the Random Street beach access!...Expect beautiful ocean/sunrise views from this home too! Flood Zone “X”….average ground elevation 8+ feet! This home will be carefully crafted using some of the best techniques and materials…vinyl Pella windows, LP Smart Siding, granite and quarts counter tops, GE Stainless Appliances, Craftsman trim and so many other upgrades! Enjoy the 12' X 24" private pool and 18’ X 14’ game room after a day at the beach. June 2022 completion date (or sooner). Builder available to meet interested buyer clients. FULL YEAR RENTAL PROJECTION OF $108,874!

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 09/07/2021

Last Buyer's Agent

Inna Pencheva

Landmark Sotheby's International Realty License #289035

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,072

Year Built

  • Built in 2022

Lot Details

  • 6,500 Sq Ft Lot
  • Lot Dimensions are 65 x 100
  • Landscaped
  • Level Lot

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Siding
  • Piling Construction

Interior Spaces

  • 2,464 Sq Ft Home
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Entrance Foyer
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Community Details

  • Built by Lenz Homes
  • Va Dare Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 7-R / 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,072

Year Built

Built in 2022

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Common Laundry Area, Covered Decks, Landscaped, Outside Shower, Patio, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Virginia Dare Shores
  • Headline: New 2022 BTH Home!
  • Heated Sq Ft: 2464
  • L V T Date: 09/07/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: C
  • Deed Book Pg Number: 0910
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: 9' Ceilings, Dryer Connection, Ensuite, Washer Connection
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Lenz Homes
  • Construction: Frame, Wood
  • Exterior: Composite Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 65
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 6500
  • Lot Description: Level
  • Lot Size: 65 X 100
  • Lot Number: Lot 7-R
  • Estimated Lot Size: 0.15
  • Deed Book: 2519

Building Info

  • Year Built: 2022

Tax Info

  • Year: 2021
  • Taxes: 1072

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2024
Sold by
Quartuccio Kennetha and Quartuccio Denise M
Bought by
Magruder Michael P and Magruder Christy A
Current Estimated Value
$984,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$761,250
Outstanding Balance
$749,994
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$299,494

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jun 27, 2022
Sold by
Lenz Properties Llc
Bought by
Quartuccio Kenneth A and Quartuccio Denise M
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Inna Pencheva
Landmark Sotheby's International Realty
List Price
$849,000
Sold Price
$869,000
Premium/Discount to List
$20,000
2.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.24%
Original Mortgage
$651,750
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2021
Sold by
Noori Nurruddin
Bought by
Lenz Properties Llc

Purchase Details

Closed on
Dec 17, 2020
Sold by
Lenz Wayne W and Lenz Jud L
Bought by
Barrier Island Station Interval Ownershi
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
Magruder Michael P $1,015,000 None Listed On Document
Quartuccio Kenneth A $869,000 Sharp Starkey
Lenz Properties Llc $166,500 None Available
Barrier Island Station Interval Ownershi -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magruder Michael P $761,250
Previous Owner Quartuccio Kenneth A $651,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2022 06/29/22 Sold $869,000 0.0% $353 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
01/04/2022 01/04/22 Price Changed $869,000 +2.4% $353 / Sq Ft
09/07/2021 09/07/21 For Sale $849,000 -- $345 / 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 $4,211 $557,400 $148,800 $408,600
2023 $4,211 $557,400 $148,800 $408,600
2022 $1,368 $189,800 $148,800 $41,000
2021 $1,072 $148,800 $148,800 $0
2020 $1,072 $148,800 $148,800 $0
2019 $993 $114,100 $114,100 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116019

Outer Banks Association of REALTORS®

APN: 000814001