NOT LISTED FOR SALE

116 Veelee Dr Kill Devil Hills, NC 27948

Estimated Value: $560,000 - $626,000

4 Beds
2 Baths
1,227 Sq Ft
$474/Sq Ft Est. Value

Last Sold November 22, 2019

Last sale price $280,000 $228 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $3,438/month

231 Days on Market

Highlights

  • Beach Box Architecture
  • Outdoor Shower
  • Central Heating and Cooling System
  • First Flight Middle School Rated A-
  • En-Suite Primary Bedroom
  • Sun Deck

About This Home

As of November 2019

Location, location, location! Lowest priced four bedroom home located between the highways in Kill Devil Hills. Open and spacious great room, dining, and kitchen. HVAC system replaced five years ago. New exterior doors and outdoor shower. This home is close to the beach and conveniently located to restaurants and shopping. Owners only have the home in the rental program for prime season weeks (Memorial Day to Labor Day).

Last Agent to Sell the Property

Karen Etheridge

Sun Realty - Kitty Hawk / Currituck License #192289 Listed on: 02/21/2019

Last Buyer's Agent

Kelly Dean

Landmark Sotheby's International Realty License #273801

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,787

Year Built

  • Built in 1983

Lot Details

  • 6,500 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Home Design

  • 1,227 Sq Ft Home
  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck

Utilities

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

Community Details

  • Memorial Overlk Subdivision

Listing and Financial Details

  • Tax Lot 28

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,787

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Directly across from the Wright Brothers Memorial, turn on Veelee Dr. House on left.
  • Extras: Outside Shower, Sun Deck
  • Flood Zone: AE
  • Headline: Low priced 4 BR KDH between HW
  • Heated Sq Ft: 1227
  • L V T Date: 02/27/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 0127
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Bedroom 1: large, On Level: 1
  • Bedroom 2: average, On Level: 2
  • Bedroom 3: average, On Level: 2
  • Bedroom 4: average, On Level: 2
  • Kitchen: open, On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Ensuite, Washer Connection
  • Dining Room: open, On Level: 1
  • Living Room: large, On Level: 1

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: yes

Garage/Parking

  • Parking: Paved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 6500
  • Lot Description: Level
  • Lot Number: Lot 28
  • Estimated Lot Size: 0.15
  • Deed Book: 2184

Rental Info

  • Rental Co: Sun Realty
  • Rental Cottage Name: Wood Shed
  • Rental Cottage Number: 360-B
  • Rental Phone Number: 261-1152
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2018
  • Taxes: 1787

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2019
Closed on
Nov 22, 2019
Sold by
Arnold Larry J and Arnold Wood
Bought by
Nash Adan N and Costa Jennifer C
Seller's Agent
Karen Etheridge
Sun Realty - Kitty Hawk / Currituck
Buyer's Agent
Kelly Dean
Landmark Sotheby's International Realty
List Price
$289,900
Sold Price
$280,000
Premium/Discount to List
-$9,900
-3.41%
Total Days on Market
231
Current Estimated Value
$581,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,753
Avg. Annual Appreciation
14.06%
Original Mortgage
$224,000
Outstanding Balance
$199,313
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$382,440

Purchase Details

Closed on
Aug 1, 2017
Sold by
Wood William Scott and Wood Nihal
Bought by
Arnold Larry J and Arnold Kathryn Ann Wood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
3.88%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Nash Adan N $280,000 --
Arnold Larry J $415,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nash Adan N $224,000
Previous Owner Arnold Larry J $62,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2019 11/22/19 Sold $280,000 -3.4% $228 / Sq Ft
10/10/2019 10/10/19 Pending -- -- --
10/03/2019 10/03/19 For Sale $289,900 0.0% $236 / Sq Ft
10/03/2019 10/03/19 Price Changed $289,900 +3.5% $236 / Sq Ft
10/02/2019 10/02/19 Off Market $280,000 -- --
05/22/2019 05/22/19 Price Changed $299,000 -0.3% $244 / Sq Ft
02/21/2019 02/21/19 For Sale $299,900 -- $244 / 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
2024 $2,257 $292,400 $148,800 $143,600
2023 $2,252 $298,144 $148,800 $149,344
2022 $2,148 $298,144 $148,800 $149,344
2021 $2,152 $298,144 $148,800 $149,344
2020 $2,148 $298,144 $148,800 $149,344
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 103882

Outer Banks Association of REALTORS®

APN: 003487000