NOT LISTED FOR SALE

114 E Avalon Dr Kill Devil Hills, NC 27948

Estimated Value: $472,693 - $1,971,000

3 Beds
1 Bath
1,024 Sq Ft
$859/Sq Ft Est. Value

Last Sold December 03, 2021

Last sale price $375,000 $366 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $4,836/month

4 Days on Market

Highlights

  • Coastal Architecture
  • Laundry Room
  • Central Heating and Cooling System
  • First Flight Middle School Rated A-
  • Ceramic Tile Flooring
  • Wood Siding

About This Home

As of December 2021

Classic Outer Banks flat top cottage, updated and SO close to the beach! Just steps away from Avalon Pier and our pristine beaches, this cottage combines the charm of the "old school" Outer Banks with modern comforts of home. Originally built as a 3 bedroom 2 bathroom cottage, the current owner renovated the two tiny bathrooms to create one large one, and added modern finishes and fixtures, including a stand-up tile shower. So the home functions now as a 3 bedroom 1 bath home. The kitchen and living area is open-concept and spacious. There's also a nice sized room off the kitchen for laundry, pantry and storage. The backyard is adorable, with a sitting space and storage shed. Truly a gem of a cottage with so much Outer Banks charm. The functional layout, updates, and great central location make this a fantastic 2nd home, rental investment or primary residence. Scoop up your piece of Outer Banks history, there are only a few of these flat tops left! Bathroom reno done in 2018. Vinyl/TPO roof was replaced in 2017. Plumbing and electrical upgrades in 2016. New tile floor in living room and kitchen in 2016.

Last Agent to Sell the Property

Jeanne-Marie DeStefano

Keller Williams - Outer Banks License #282161 Listed on: 10/14/2021

Keller Williams - Outer Banks

Last Buyer's Agent

Nelene Gibbs

Nelene Gibbs Real Estate, LLC, License #296611

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,491

Year Built

  • Built in 1960

Lot Details

  • 5,000

HOA Fees

  • $4 Monthly HOA Fees

Home Design

  • 1,024 Sq Ft Home
  • Coastal Architecture
  • Cottage
  • Wood Siding
  • Stucco

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

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

Additional Features

  • Laundry Room
  • 5,000 Sq Ft Lot

Community Details

  • Avalon Beach Subdivision

Listing and Financial Details

  • Tax Lot 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,491

Year Built

Built in 1960

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Cottage
  • Extras: Inside Laundry Room
  • Flood Zone: X
  • Headline: Oceanside under 375k!
  • Heated Sq Ft: 1024
  • L V T Date: 10/14/2021
  • Primary Residence: Yes
  • Roads: Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: res
  • Deed Book Pg Number: 0106
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 3
  • Floor Coverings: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Pantry

Exterior Features

  • Construction: Block, Wood
  • Exterior: Stucco, Wood

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50
  • HOA Contact: voluntary

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Number: Lot 44
  • Estimated Lot Size: 0.11
  • Deed Book: 2261

Building Info

  • Year Built: 1960

Tax Info

  • Year: 2021
  • Taxes: 1491

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2021
Closed on
Dec 3, 2021
Sold by
Seal John Forrest and Seal Rebecca Lynn
Bought by
Ylvisaker Gregory and Brinson Kathryn
Seller's Agent
Jeanne-Marie DeStefano
Keller Williams - Outer Banks
Buyer's Agent
Nelene Gibbs
Nelene Gibbs Real Estate, LLC,
List Price
$359,000
Sold Price
$375,000
Premium/Discount to List
$16,000
4.46%
Current Estimated Value
$879,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,173
Avg. Annual Appreciation
23.29%
Original Mortgage
$337,500
Outstanding Balance
$308,214
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$570,959

Purchase Details

Listed on
Jul 18, 2018
Closed on
Sep 28, 2018
Sold by
Carlsen Richard H and Carlsen Cathy G
Bought by
Sesl John F and Sesl Cybnthia G
Seller's Agent
Holleay Parcker
Spinnaker Realty, LLC
Buyer's Agent
Janet Owen
Southern Shores Realty
List Price
$245,000
Sold Price
$203,000
Premium/Discount to List
-$42,000
-17.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.29%
Original Mortgage
$162,400
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
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
Ylvisaker Gregory $375,000 None Available
Sesl John F $203,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ylvisaker Gregory $337,500
Previous Owner Sesl John F $162,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/03/2021 12/03/21 Sold $375,000 +4.5% $366 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/14/2021 10/14/21 For Sale $359,000 +76.8% $351 / Sq Ft
09/28/2018 09/28/18 Sold $203,000 -9.8% $201 / Sq Ft View Prior Sale
08/19/2018 08/19/18 Pending -- -- --
08/13/2018 08/13/18 Price Changed $225,000 -8.2% $223 / Sq Ft
07/18/2018 07/18/18 For Sale $245,000 -- $243 / 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 $2,698 $496,700 $325,000 $171,700
2024 $2,149 $284,400 $162,500 $121,900
2023 $2,149 $284,400 $162,500 $121,900
2022 $2,049 $284,400 $162,500 $121,900
2021 $1,491 $207,000 $162,500 $44,500
2020 $1,491 $207,000 $162,500 $44,500
2019 $1,409 $161,900 $124,900 $37,000
2018 $1,378 $161,900 $124,900 $37,000
2017 $1,378 $161,900 $124,900 $37,000
2016 $1,313 $161,900 $124,900 $37,000
2014 $1,264 $161,900 $124,900 $37,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116449

Outer Banks Association of REALTORS®

APN: 001698000