NOT LISTED FOR SALE

115 E Sothel St Kill Devil Hills, NC 27948

-- Bed
-- Bath
-- Sq Ft
1976 Built

Last Sold January 14, 2020

Last sale price $487,500

229 Days on Market

Highlights

  • Level Lot
  • Carpet
  • 4-minute walk to Hayman Park
  • First Flight Middle School Rated A-

About This Home

As of January 2020

KILL DEVIL HILLS OCEANSIDE COMMERCIAL opportunity. This is a 6 unit apartment building that consists of 4 one bedroom units and 2 two bedroom units. 100% occupied. The property has been updated and remodeled. Recent improvements: new exterior siding and decks, septic replaced in 2012, parking lot stripped in 2017. Interior improvements include: interior paint and flooring in all the units in the past 4 years, new wall units in apartments 3,4,5,6 and refrigerators in units 4 and 3. All units have monthly power usage allowance - $75 for 1 bedroom and $100 for 2 bedrooms. Water is included in rent. E. Hayman Blvd beach access is just down the street. W.

Last Agent to Sell the Property

Anna Hunt

Brindley Beach Vacations & Sales - KH License #231616 Listed on: 03/27/2019

Last Buyer's Agent

Sarah Brown

Keller Williams - Outer Banks License #265135

Keller Williams - Outer Banks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,426

Year Built

  • Built in 1976

Lot Details

  • Level Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • Paved Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Va Dare Shores Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,426

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: COMMERCIAL/INDUSTRIAL
  • Flood Zone: AE
  • Subdivision Name: Virginia Dare Shores
  • Headline: 6 Unit Income Producer!
  • L V T Date: 03/28/2019
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Zoning: Res
  • Property Features: Dumpster, Gutter(s)
  • Deed Book Pg Number: 16
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14121
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Foundation: Piling
  • Insulation: Yes
  • Floor Covering: Carpet, Vinyl, Wood Laminate

Exterior Features

  • Construction: Frame, Wood
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage Details: 1-25 Spaces, Parking Lot, Paved

Utilities

  • Cooling: Window Unit(s)
  • Sewer/Septic System: Private Septic
  • Water: Municipal Water

Lot Info

  • Lot Description: Level
  • Deed Book: 1954
  • Unit/Lot Number: Lots 17-20

Rental Info

  • Actual Income: 60113
  • Gross Income Range: $60,001 - $100,000

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2018
  • Taxes: 3425.72

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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/14/2020 01/14/20 Sold $487,500 -2.5% --
11/11/2019 11/11/19 Pending -- -- --
09/10/2019 09/10/19 For Sale $499,900 0.0% --
07/30/2019 07/30/19 Pending -- -- --
07/27/2019 07/27/19 Price Changed $499,900 -13.7% --
05/10/2019 05/10/19 Price Changed $579,000 -3.3% --
03/27/2019 03/27/19 For Sale $599,000 +59.7% --
12/30/2013 12/30/13 Sold $375,000 -24.8% -- View Prior Sale
12/11/2013 12/11/13 Pending -- -- --
10/19/2013 10/19/13 For Sale $499,000 -- --
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anna Hunt

    Seller's Agent in 2020

    Anna Hunt

    Brindley Beach Vacations & Sales - KH

    (252) 573-8934

    9 in this area

    70 Total Sales

    Anna Hunt
    Section Image
  • Sarah Brown

    Buyer's Agent in 2020

    Sarah Brown

    Keller Williams - Outer Banks

    (252) 202-4251

    11 in this area

    82 Total Sales

    Sarah Brown
    Section Image

  • C

    Seller's Agent in 2013

    Clarence Gibbs

    Gibbs Realty & Construction, LLC

    (252) 202-5991

    5 Total Sales

    Clarence Gibbs
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104416

Outer Banks Association of REALTORS®
North Carolina Dare County Kill Devil Hills 27948

115 E Sothel St, Kill Devil Hills, NC

Not Listed for Sale

MultiFamily

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