NOT LISTED FOR SALE

118 Rocky Mount St Kill Devil Hills, NC 27948

Estimated Value: $564,398 - $597,000

3 Beds
2 Baths
960 Sq Ft
$603/Sq Ft Est. Value

Last Sold April 13, 2020

Last sale price $324,900 $338 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $3,457/month

2 Days on Market

Highlights

  • Community Beach Access
  • Beach Box Architecture
  • Screened Porch
  • First Flight Middle School Rated A-
  • Furnished
  • Covered Deck

About This Home

As of April 2020

This adorable cottage is a RENTAL MACHINE! Rental income of $31,900 in 2019 after the Air B&B fees were taken out! Many updates such as fresh paint, remodeled kitchen, new HVAC (2018), new hot water heater (2017) and meticulously maintained. This home features two nice size guest rooms and a MASTER SUITE. Finding a home in this price point with a master suite is a rare gem! The well thought out floor plan makes the home feel spacious and open. With multiple outdoor living spaces you can choose to enjoy the screen porch, sun deck or the cozy ground level seating area. Laundry room outdoor shower and storage area are conveniently located on the ground level. Come back from the beach and throw the sandy towels in the wash while dropping off all the beach toys. The Avalon Community is extremely popular for second homes and weekly rentals and offers Sound and Ocean access through the VOLUNTARY Avalon Beach Improvement Association (only $35. a year). Get ready to START ENJOYING THE BEACH LIFE!

Last Agent to Sell the Property

Tammy Russell

Keller Williams - Outer Banks License #152164 Listed on: 02/20/2020

Keller Williams - Outer Banks

Last Buyer's Agent

Carol Hunsecker

Due East Real Estate License #60706

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,079

Year Built

  • Built in 1974

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

HOA Fees

  • $3 Monthly HOA Fees

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 960 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 382

Community Details

Overview

  • Avalon Beach Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,079

Year Built

Built in 1974

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Turn east onto Rocky Mount St. Home is on the left.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Shower, Patio, Screened Porch, Smoke Detector(s), Sun Deck, Outside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Avalon Beach Annex I
  • Headline: CUTE and CLEAN!
  • Heated Sq Ft: 960
  • L V T Date: 02/20/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: RES
  • Deed Book Pg Number: 361
  • 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: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 35
  • Home Owner Dwelling Insurance: 1422

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Level
  • Lot Size: 5000 sq ft
  • Lot Number: Lot 382
  • Estimated Lot Size: 0.11
  • Deed Book: 1776

Rental Info

  • Est Annual Rental Income: 31900
  • Estimated Rental Performance: 0.0982
  • Flood Expenses: 632
  • Lease Terms: Weekly
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 1974

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2019
  • Taxes: 2079.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 20, 2020
Closed on
Mar 13, 2020
Sold by
Deblass David P and Deblass Patricia A
Bought by
Messersmith Jason E and Messersmith Sarah E
Seller's Agent
Tammy Russell
Keller Williams - Outer Banks
Buyer's Agent
Carol Hunsecker
Due East Real Estate
List Price
$324,900
Sold Price
$324,900
Total Days on Market
2
Current Estimated Value
$579,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,450
Avg. Annual Appreciation
11.89%
Original Mortgage
$292,410
Outstanding Balance
$261,275
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$318,075

Purchase Details

Closed on
Aug 15, 2008
Sold by
Arbaugh Gerald A and Arbaugh Julie A
Bought by
Deblass David P and Deblass Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 14, 2007
Sold by
Arbaugh Gerald A and Arbaugh Julie A
Bought by
Arbaugh Gerald A and Arbaugh Julie A
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
Messersmith Jason E $325,000 None Available
Deblass David P $265,000 None Available
Arbaugh Gerald A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Messersmith Jason E $292,410
Previous Owner Deblass David P $166,446
Previous Owner Deblass David P $171,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2020 04/13/20 Sold $324,900 0.0% $338 / Sq Ft
02/22/2020 02/22/20 Pending -- -- --
02/20/2020 02/20/20 For Sale $324,900 -- $338 / 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 $2,429 $315,400 $177,500 $137,900
2023 $2,469 $326,844 $177,500 $149,344
2022 $2,355 $326,844 $177,500 $149,344
2021 $2,355 $326,844 $177,500 $149,344
2020 $2,300 $319,252 $177,500 $141,752
2019 $2,113 $239,000 $162,000 $77,000
2018 $689 $239,000 $162,000 $77,000
2017 $2,070 $239,000 $162,000 $77,000
2016 $1,944 $236,000 $162,000 $74,000
2014 $1,843 $236,000 $162,000 $74,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108373

Outer Banks Association of REALTORS®

APN: 001830000