NOT LISTED FOR SALE

107 Raleigh Ave Kill Devil Hills, NC 27948

Estimated Value: $580,681 - $683,000

3 Beds
2 Baths
1,080 Sq Ft
$571/Sq Ft Est. Value

Last Sold March 20, 2023

Last sale price $560,000 $519 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,480/month

18 Days on Market

Highlights

  • Beach Box Architecture
  • Furnished
  • Level Lot
  • First Flight Middle School Rated A-
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of March 2023

Great rental unit with one level living with easy access to beach and views of Wright Brothers Memorial. Open concept with kitchen, dining and living room in one large area. Enjoy the spacious front deck before or after a nice day at the beach. The whole house was just freshly painted, septic system replaced 2021, front deck less than 5 years old, metal roof less than 9 years old, water heater & HVAC less than 8 years old. Reach out to see this home and for the great rental income with potential for for more!

Last Agent to Sell the Property

Chris Keyser

Keller Williams - Outer Banks License #295416 Listed on: 01/30/2023

Keller Williams - Outer Banks

Co-Listed By

Len Cusato

Keller Williams - Outer Banks License #284979

Last Buyer's Agent

Brook Sparks

Coldwell Banker Seaside Realty KH License #275425

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,250

Year Built

  • Built in 1977

Lot Details

  • Level Lot
  • Property is zoned RL

Home Design

  • Beach Box Architecture
  • Masonry Perimeter Foundation
  • Metal Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • Furnished
  • Carpet

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Kitty Hawk Shrs Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 42

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,250

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Flood Zone: X
  • Subdivision Name: Kitty Hawk Shores - Revised
  • Headline: $67k in Rental Revenue
  • Heated Sq Ft: 1080
  • L V T Date: 01/30/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RL
  • Advertised Income 2022: 67201
  • Deed Book Pg Number: 0090
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Electronic Locks: Owned
  • Floor Coverings: Carpet
  • Foundation: Masonry
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Washer Connection

Exterior Features

  • Roof: Metal

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Size: 5000
  • Lot Number: Lot 16
  • Deed Book: 2456

Rental Info

  • Lease Terms: Variable
  • Rental Co: VRBO
  • Rental Turnover Day: Variable

Building Info

  • Year Built: 1977

Tax Info

  • Year: 2022
  • Taxes: 2250

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Mar 17, 2023
Sold by
Rowe Brittany A
Bought by
Masters Alexander B and Nuchols Maddison M
Seller's Agent
Chris Keyser
Keller Williams - Outer Banks
Buyer's Agent
Brook Sparks
Coldwell Banker Seaside Realty KH
List Price
$560,000
Sold Price
$560,000
Views
43
Current Estimated Value
$616,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,670
Avg. Annual Appreciation
3.50%
Original Mortgage
$392,000
Outstanding Balance
$379,158
Interest Rate
6.09%
Mortgage Type
New Conventional
Estimated Equity
$237,512

Purchase Details

Listed on
Nov 4, 2020
Closed on
Jan 11, 2021
Sold by
Turner Steven L and Turner Betty Jane
Bought by
Rowe Brittany A and Orwig Joshua M
Seller's Agent
Crystal Clark
Coldwell Banker Seaside Realty KH
Buyer's Agent
Chris Keyser
Keller Williams - Outer Banks
List Price
$364,900
Sold Price
$350,000
Premium/Discount to List
-$14,900
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.06%
Original Mortgage
$315,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Masters Alexander B $3,360,000 --
Rowe Brittany A $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Masters Alexander B $392,000
Previous Owner Rowe Brittany A $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2023 03/20/23 Sold $560,000 0.0% $519 / Sq Ft
02/17/2023 02/17/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $560,000 +60.0% $519 / Sq Ft
01/12/2021 01/12/21 Sold $350,000 -4.1% $324 / Sq Ft View Prior Sale
11/15/2020 11/15/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $364,900 -- $338 / 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 $3,058 $552,900 $285,000 $267,900
2024 $2,359 $306,200 $154,000 $152,200
2023 $2,359 $312,288 $154,000 $158,288
2022 $2,250 $312,288 $154,000 $158,288
2021 $2,254 $312,288 $154,000 $158,288
2020 $2,250 $312,288 $154,000 $158,288
2019 $1,724 $193,800 $107,100 $86,700
2018 $1,391 $191,900 $107,100 $84,800
2017 $1,659 $190,800 $107,100 $83,700
2016 $1,581 $190,800 $107,100 $83,700
2014 $1,523 $190,800 $107,100 $83,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121283

Outer Banks Association of REALTORS®

APN: 003956000