NOT LISTED FOR SALE

104 E Palmetto St Kill Devil Hills, NC 27948

Estimated Value: $602,813 - $677,000

5 Beds
2 Baths
2,160 Sq Ft
$295/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $161,600 $75 Per Sq Ft

Est. 295% increase in value since last sale

Current estimated payment $3,604/month

32 Days on Market

About This Home

As of June 2012

Older 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

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,457

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Bank Owned: Yes
  • Heated Sq Ft: 2160
  • Sale/Rent: For Sale
  • Zoning: r
  • Deed Book Pg Number: 0433
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Full Bathrooms: 2

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Number: Lot 6
  • Deed Book: 1874

Building Info

  • Year Built: 1965

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1457

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%
Current Estimated Value
$638,203

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,603
Avg. Annual Appreciation
11.01%

Purchase Details

Closed on
Aug 2, 2011
Sold by
Gupta Prem and Gupta Prabha
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

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Average Value
Not Available
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
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

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 $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

  • J

    Buyer's Agent in 2012

    Jim Soles

    Soles Realty OBX

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74598

Outer Banks Association of REALTORS®

APN: 000793000

North Carolina Dare County Kill Devil Hills 27948

104 E Palmetto St, Kill Devil Hills, NC

This home is located at 104 E Palmetto St, Kill Devil Hills, NC 27948 since 20 April 2012 and is currently estimated at $638,203, approximately $295 per square foot. This property was built in 1965. 104 E Palmetto St is a home located in Dare County with nearby schools including Nags Head Elementary School, First Flight Middle School, and First Flight High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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