104 E Palmetto St Kill Devil Hills, NC 27948
Estimated Value: $617,000 - $671,000
5
Beds
2
Baths
2,160
Sq Ft
$298/Sq Ft
Est. Value
About This Home
As of June 2012Older 5 bedrm, 2 bath cottage within walking distance to beach. This property is corporate owned and sold in its current condition "AS IS". No repairs, disclosures, warranties or inspections provided by the seller. Proof of funds to close or pre-qualification letter MUST accompany any/all offers. Seller reserves the right to negotiate offers in any order regardless of date/time submitted. Title to be conveyed by "Special Warranty" deed. A special corporate addendum will be made a part of the final contract. Cash or 203K financing - seller will not make any repairs.
Last Agent to Sell the Property
Pace Mimms
Default, Office License #156638 Listed on: 04/20/2012
Last Buyer's Agent
Jim Soles
Soles Realty OBX License #225412
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,457
Year Built
- Built in 1965
Lot Details
- 5,000 Sq Ft Lot
Home Design
- 2,160 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
Community Details
- Va Dare Shores Subdivision
Listing and Financial Details
- REO, home is currently bank or lender owned
- Legal Lot and Block 6 / 23
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 20, 2012
Closed on
Jun 1, 2012
Sold by
Bank Of America Na
Bought by
Horton John B and Horton Kerrick W
Seller's Agent
Pace Mimms
Default, Office
Buyer's Agent
Jim Soles
Soles Realty OBX
List Price
$202,000
Sold Price
$161,600
Premium/Discount to List
-$40,400
-20%
Total Days on Market
32
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$481,394
Avg. Annual Appreciation
11.16%
Purchase Details
Closed on
Aug 2, 2011
Sold by
Gupta Prem and Gupta Prabha
Bought by
Bank Of America Na
Similar Homes in Kill Devil Hills, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Horton John B | $162,000 | None Available | |
| Bank Of America Na | $300,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Gupta Prem | $300,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/22/2012 06/22/12 | Sold | $161,600 | -20.0% | $75 / Sq Ft |
| 05/22/2012 05/22/12 | Pending | -- | -- | -- |
| 04/20/2012 04/20/12 | For Sale | $202,000 | -- | $94 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $2,444 | $323,500 | $124,200 | $199,300 |
| 2023 | $2,444 | $323,500 | $124,200 | $199,300 |
| 2022 | $2,331 | $323,500 | $124,200 | $199,300 |
| 2021 | $2,331 | $323,500 | $124,200 | $199,300 |
| 2020 | $2,331 | $323,500 | $124,200 | $199,300 |
| 2019 | $1,651 | $189,800 | $107,100 | $82,700 |
| 2018 | $1,615 | $189,800 | $107,100 | $82,700 |
| 2017 | $1,615 | $189,800 | $107,100 | $82,700 |
| 2016 | $1,539 | $189,800 | $107,100 | $82,700 |
| 2014 | $1,482 | $189,800 | $107,100 | $82,700 |
Source: Public Records
Agents Affiliated with this Home
-
P
Seller's Agent in 2012
Pace Mimms
Default, Office
-
Buyer's Agent in 2012
Jim Soles
Soles Realty OBX
(252) 441-7095
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 74598
APN: 000793000
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