NOT LISTED FOR SALE

1206 Boundary St Kill Devil Hills, NC 27948

0.61 Acre
-- Price per Acre
26,572 Sq Ft Lot

Last Sold December 21, 2018

Last sale price $190,000

17 Days on Market

About This Lot

As of December 2018

Almost two-thirds of an acre in the heart of Kill Devils. Zone LI2. This parcel qualifies for 7 multifamily units and a wide range of other uses. It has a septic permit for inexpensive gravity systems (three - 4 BR-480 GPD and one - 2 BR-240 GPD bed system) in place without expiration. See permit and email for details on the ground water which was found to require 12" of fill - 18" in a small area on the SE corner. The septic systems permitted are a huge cost savings. Last summer (2017) the rules changed dramatically and one could not obtain this approval anymore. Basically because you cannot use the repair area as the setback for the active area anymore. It would require almost twice as much space or a very expensive pre-treatment sewage plant. There is one active water meter. KDH has a work force housing ordinance and it would allow for reduced or eliminated fees (Water, Review, Building permit) for 5 of the seven units. One could build a multi-use project. Have your residence, workshop and have rental units - A wedding catering operation could operate from here. You could use one 4 BR system for your house, one for your shop, One for your wedding catering operation and the last 4 BR system and the 2 BR system for your 3 rental units. Open the box of possibilities here. Or keep it simple - the demand for small affordable rental units is now and always will be high. You could do seven 2 BR units with the town pitching in on the expenses and helping you to find the (very grateful) tenants and gross $84,000 plus a year. That is Oceanfront money without the huge weekly rental expenses and commission. You will see on the site plane TV TWR - I was going to put in a 40' aerial tower so that residents did not have to buy cable. Also, Silicone Travel said for $100 a month they would provide two internet services they would be adequate of the 14 bedrooms. These kind of amenities would go a long way to attract and keep the best tenants - The worker bees that need a break. You name it - basically if its legal in KDH - you can do it here. In associated docs there are a number of study plans to help you. If someone wishes to consult with an engineer I could email an Autocad drawing Version 2015 to aid them in their consulting review. Price per square foot and almost unlimited potential makes this a "best buy" for a wide range of buyers. Owner is a Licensed NC Real Estate Broker

Last Listed By

Bob Evans

Bob Evans, Broker License #91550 Listed on: 08/31/2018

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $920

Lot Details

  • 0.61 Acre Lot
  • Corner Lot
  • Level Lot
  • Property is zoned LI2

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Kdh Realty Corp Subdivision

Listing and Financial Details

  • Tax Block 42

Property Details

Property Type

Land

Est. Annual Taxes

$920

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Bypass in French Fry Alley - turn east on Atlantic then near slight left a Boundary Property on right across the street and between Elizabeth and Percy St.
  • Flood Zone: X
  • Subdivision Name: Kill Devil Hill Realty Corp
  • Headline: 7 Units w/ Septic Permit
  • L V T Date: 08/31/2018
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Zoning: LI2
  • Deed Book Pg Number: 377
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 145

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 26745
  • Lot Description: Corner, Level
  • Lot Faces: S
  • Lot Size: 26745 Sq Ft
  • Estimated Lot Size: 0.61
  • Deed Book: 1604
  • Unit/Lot Number: Lot 6

Tax Info

  • Year: 2018
  • Taxes: 919.82

Range of Values:

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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 Change Sq Ft Price
12/21/2018 12/21/18 Sold $190,000 -15.6% --
09/17/2018 09/17/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $225,000 -- --
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bob Evans

    Bob Evans, Broker

    Section Image
  • Randy Jones

    Buyer's Agent in 2018

    Randy Jones

    EXP Realty, LLC - Coastal

    (252) 202-2573

    114 Total Sales

    Randy Jones
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101853

Outer Banks Association of REALTORS®

North Carolina Dare County Kill Devil Hills 27948

1206 Boundary St, Kill Devil Hills, NC

Homes for Sale in Kill Devil Hills, NC

This home is located at 1206 Boundary St, Kill Devil Hills, NC 27948 since 31 August 2018. 1206 Boundary St is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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