NOT LISTED FOR SALE

112 E Landing Dr Kill Devil Hills, NC 27948

Estimated Value: $586,000 - $683,000

4 Beds
2 Baths
1,700 Sq Ft
$377/Sq Ft Est. Value

Last Sold September 26, 2014

Last sale price $215,000 $126 Per Sq Ft

Est. 198% increase in value since last sale

Current estimated payment $3,618/month

51 Days on Market

Highlights

  • Contemporary Architecture
  • Corner Lot
  • Tile Flooring
  • First Flight Middle School Rated A-
  • Fenced Yard
  • Ceiling Fan

About This Home

As of September 2014

Unique property centrally located between the HWYS in Kill Devil Hills. Property consists of 2 dwellings situated on a 10,000 Sq Ft corner lot. At one time the county had the property listed as a duplex, but now the 2nd dwelling is advertised as an In-Law Apartment. There is one electric meter and one water meter for both dwellings. The In-Law Apartment has its own separate permitted septic which was installed new in 2013. The main dwelling is approx. 1200 Sq Ft of heated living area with 3 bedrooms /1 full bath and a finished utility room approx. 342 Sq Ft with washer/dryer hookup. The 2nd dwelling has approx. 500 Sq Ft of heated living area with 1 bedroom/1 full bath and washer/dryer hookup. The long term tenant moved out recently, but had been paying $1,700. per month for the last 3 years for both dwellings.

Last Agent to Sell the Property

Kent Copeland

Coldwell Banker Seaside Realty KH License #185671 Listed on: 06/04/2014

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Randy Jones

EXP Realty, LLC - Coastal License #187811

EXP Realty, LLC - Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,710

Year Built

  • Built in 1973

Lot Details

  • 10,000 Sq Ft Lot
  • Fenced Yard
  • Corner Lot
  • Level Lot

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Frame Construction
  • Wood Siding
  • Shake Siding
  • Masonry

Interior Spaces

  • 1,700 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Heating System Uses Propane
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,710

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Ranch
  • Directions: HWY 158 to East Landing Drive-Property on left corner of Landing & Sir Walter RD
  • Extras: Ceiling Fan(s), Fenced Yard
  • Headline: UNIQUE PROPERTY
  • Heated Sq Ft: 1700
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 342
  • Zoning: Res
  • Deed Book Pg Number: 0459
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Freezer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker
  • Bedrooms: 4
  • Floor Coverings: Carpet, Tile
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interior Amenities: Dryer Connection, Gas Connection, Gas Fireplace, Some Windows Treated, Washer Connection

Exterior Features

  • Construction: Frame, Masonry, Wood
  • Exterior: Brick, Shakes, Wood
  • Street Frontage: 100

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Window Units
  • Heating: Electric, Gas, Propane
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Corner, Level
  • Lot Faces: E
  • Deed Book: 1616

Rental Info

  • Est Annual Rental Income: 20400
  • Estimated Rental Performance: 0.0949

Building Info

  • Year Built: 1973

Tax Info

  • Year: 2013
  • Taxes: 1709.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2014
Closed on
Sep 8, 2014
Sold by
Kulick Michael R and Bruno Sharon C
Bought by
Caggese Cosimo and Caggese Girolamo S
Seller's Agent
Kent Copeland
Coldwell Banker Seaside Realty KH
Buyer's Agent
Randy Jones
EXP Realty, LLC - Coastal
List Price
$258,900
Sold Price
$215,000
Premium/Discount to List
-$43,900
-16.96%
Current Estimated Value
$641,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$426,585
Avg. Annual Appreciation
10.18%
Original Mortgage
$125,000
Outstanding Balance
$95,490
Interest Rate
4.16%
Mortgage Type
Commercial
Estimated Equity
$546,095

Purchase Details

Closed on
Feb 14, 2005
Sold by
Hedgeperil Margaret O
Bought by
Kulick Michael R and Bruno Sharon C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.87%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Caggese Cosimo $215,000 None Available
Kulick Michael R $350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Caggese Cosimo $125,000
Previous Owner Kulick Michael R $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2014 09/26/14 Sold $215,000 -17.0% $126 / Sq Ft
07/25/2014 07/25/14 Pending -- -- --
06/04/2014 06/04/14 For Sale $258,900 -- $152 / 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 $3,159 $572,900 $333,900 $239,000
2024 $3,162 $409,800 $170,100 $239,700
2023 $3,150 $416,991 $170,100 $246,891
2022 $2,598 $360,650 $170,100 $190,550
2021 $2,559 $355,100 $170,100 $185,000
2020 $2,559 $355,100 $170,100 $185,000
2019 $2,086 $239,800 $144,900 $94,900
2018 $2,040 $239,800 $144,900 $94,900
2017 $2,040 $239,800 $144,900 $94,900
2016 $1,846 $227,700 $144,900 $82,800
2014 $1,778 $227,700 $144,900 $82,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83951

Outer Banks Association of REALTORS®

APN: 002761000