NOT LISTED FOR SALE

108 E Fresh Pond Dr Kill Devil Hills, NC 27948

Estimated Value: $866,000 - $937,650

5 Beds
5 Baths
2,966 Sq Ft
$304/Sq Ft Est. Value

Last Sold January 18, 2022

Last sale price $780,000 $263 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,125/month

28 Days on Market

Highlights

  • Ocean View
  • Rooftop Deck
  • Cathedral Ceiling
  • Fiberglass Pool
  • Coastal Architecture
  • Wood Flooring

About This Home

As of January 2022

Heated Saltwater Pool + Crows Nest with Ocean Views. A Change in Latitude is a 5 BR / 5 BATH home that is centrally located between the highways in Kill Devil Hills, and is a short distance from the BEACH as well as restaurants, breweries, beach rentals, shopping, and grocery stores! The home is currently used as a second home but has a ton of rental potential. The rental projection is $100,658 for 2022, which is over a 12.5% Gross Rental Return! The top-level boasts cathedral ceilings, plenty of windows to let in the natural light, gas fireplace, hardwood flooring, spacious kitchen, and master suite that opens to the sun deck. Make your way up to crows nest to view the beautiful Atlantic Ocean! The second level consists of three bedrooms (2 of which are master suites with access to the second level deck). There is also a screened in porch and laundry area on the second level. The lower level features a sizable game room with a pool table, wet bar, and an additional bedroom and bathroom. The beautifully landscaped outdoors area is the perfect place to swim in the heated saltwater pool, enjoy the hot tub, or relax on the patio. This property is also located in the X flood zone which means no flood insurance required. This is a fantastic opportunity to own a well maintained second home or investment property!

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 10/19/2021

Coldwell Banker Seaside Realty KH

Co-Listed By

Ann Taylor Lusk

Coldwell Banker Seaside Realty KH License #309078

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,716

Year Built

  • Built in 2005

Lot Details

  • 7,000 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,966 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Utilities District Water
  • Fuel Tank
  • Septic System

Community Details

  • Lake Drive Dev Subdivision

Listing and Financial Details

  • Tax Lot 24

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,716

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Roof Top Deck, Inside Laundry Room
  • Flood Zone: X
  • Headline: 5BR HEATED SALTWATER POOL
  • Heated Sq Ft: 2966
  • L V T Date: 10/19/2021
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 120
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Ice Machine, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 5
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Tile, Hardwood
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room

Exterior Features

  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Fiberglass, Heated, Salt, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Fuel Tanks: Leased
  • Sewer/Septic System: Non Conventional Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 7000
  • Lot Description: Level
  • Lot Number: Lot 24
  • Estimated Lot Size: 0.16
  • Deed Book: 2094

Rental Info

  • Est Annual Rental Income: 100658
  • Estimated Rental Performance: 0.129

Building Info

  • Year Built: 2005

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 3716.34

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2021
Closed on
Jan 14, 2022
Sold by
108 Fresh Pond Llc
Bought by
Clancy Blake and Clancy Lynsey
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$799,000
Sold Price
$780,000
Premium/Discount to List
-$19,000
-2.38%
Current Estimated Value
$901,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,413
Avg. Annual Appreciation
3.69%
Original Mortgage
$546,000
Outstanding Balance
$501,772
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$399,641

Purchase Details

Closed on
May 4, 2016
Sold by
Wakefield Farm Service Holding Corporati
Bought by
108 Fresh Pond Llc

Purchase Details

Closed on
Sep 11, 2009
Sold by
Entrust Carolinas Llc
Bought by
Wakefield Farm Service Holding Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2009
Sold by
Irby David G
Bought by
Entrust Carolinas Llc and Paul G Glenn Ira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,300
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Clancy Blake $4,680,000 Casey & Robbins Pc
108 Fresh Pond Llc -- None Available
Wakefield Farm Service Holding Co $477,000 None Available
Entrust Carolinas Llc $363,844 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Clancy Blake $546,000
Previous Owner Wakefield Farm Service Holding Co $300,000
Previous Owner Entrust Carolinas Llc $218,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2022 01/18/22 Sold $780,000 -2.4% $263 / Sq Ft
11/16/2021 11/16/21 Pending -- -- --
10/19/2021 10/19/21 For Sale $799,000 -- $269 / 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 $4,949 $886,000 $278,300 $607,700
2024 $4,026 $515,800 $125,900 $389,900
2023 $4,015 $531,396 $125,900 $405,496
2022 $3,716 $515,800 $125,900 $389,900
2021 $3,716 $515,800 $125,900 $389,900
2020 $3,702 $515,800 $125,900 $389,900
2019 $3,702 $425,500 $124,200 $301,300
2018 $0 $425,500 $124,200 $301,300
2017 $3,621 $425,500 $124,200 $301,300
2016 $3,450 $425,500 $124,200 $301,300
2014 $3,323 $425,500 $124,200 $301,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116537

Outer Banks Association of REALTORS®

APN: 004952000