NOT LISTED FOR SALE

Estimated Value: $301,411

0.53 Acre
$568,700 Price per Acre
23,087 Sq Ft Lot

Last Sold September 12, 2023

Last sale price $400,000

Est. 25% decrease in value since last sale

Current estimated payment $1,722/month

15 Days on Market

Highlights

  • 0.53 Acre Lot
  • Wooded Lot
  • Corner Lot

About This Lot

As of September 2023

Rare Opportunity for Light Industrial 2 zoned property that offers a wide variety of potential development uses! This is an ideal central Kill Devil Hills location that offers close proximity to the beach and to area businesses. This could be an excellent property for workforce and or essential housing with the ability to build multiple townhome style units. This west side neighborhood backs up to Nags Head Woods Preserve allowing easy access to miles of nature trails and the Run Hill State Natural Area. Zoned Light Industrial II and approximately ½ an acre, this spacious west Kill Devil Hills corner lot has endless possibilities including single family and multi-family dwellings, home occupations, retail, warehouses, light manufacturing, public or private schools, office complex, or a restaurant. Permitted use information found in Kill Devil Hills Town Code Section 153.205-215 (included in associated documents). Imagine the possibilities that the Light industrial II zoning allows, with up to 65% lot coverage, 50 foot building height and a maximum 4 levels of living space. It could be a perfect opportunity for possible multi family or mixed used development. This is a rare offering on the beach.. grab it today! Lot at one time had a residential structure.

Last Agent to Sell the Property

Lauren Nelson

Keller Williams - Outer Banks License #212651 Listed on: 06/13/2023

Keller Williams - Outer Banks

Last Buyer's Agent

Madonna VanCuren

Coldwell Banker Seaside Realty - KDH License #136061

Coldwell Banker Seaside Realty - KDH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $820

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 219 x 161 x 109 x 144
  • Corner Lot
  • Level Lot
  • Wooded Lot
  • Property is zoned LI -2

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Kill Devil Hills Realty Corp Subdivision

Listing and Financial Details

  • Tax Block 36

Property Details

Property Type

Land

Est. Annual Taxes

$820

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: W Atlantic St, follow through curve. On corner of Boundary and Swan St.
  • Flood Zone: X
  • Headline: multi-family or mix use ready
  • L V T Date: 06/13/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: LI -2
  • Deed Book Pg Number: 203
  • 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: LotsLands

Exterior Features

  • Street Frontage: 253

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 23178
  • Lot Description: Corner, Level, Wooded
  • Lot Size: 219 x 161 x 109 x 144
  • Estimated Lot Size: 0.53
  • Deed Book: 1920
  • Unit/Lot Number: Lot 5 & Pt 4

Tax Info

  • Year: 2022
  • Taxes: 819.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 16, 2025
Sold by
Group Holdings Llc
Bought by
Swan Street Properties Llc
Current Estimated Value
$301,411

Purchase Details

Listed on
Jun 13, 2023
Closed on
Aug 11, 2023
Sold by
Mays-Tittman Darlene R
Bought by
Group Holdngs Llc
Seller's Agent
Lauren Nelson
Keller Williams - Outer Banks
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$420,000
Sold Price
$400,000
Premium/Discount to List
-$20,000
-4.76%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.41%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Swan Street Properties Llc $300,000 None Listed On Document
Group Holdngs Llc $2,400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swan Street Properties Llc $1,840,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $400,000 -4.8% --
06/28/2023 06/28/23 Pending -- -- --
06/13/2023 06/13/23 For Sale $420,000 -- --
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 $860 $113,800 $113,800 $0
2023 $860 $113,800 $113,800 $0
2022 $820 $113,800 $113,800 $0
2021 $820 $113,800 $113,800 $0
2020 $686 $113,800 $113,800 $0
2019 $686 $78,900 $78,900 $0
2018 $671 $78,900 $78,900 $0
2017 $671 $78,900 $78,900 $0
2016 $679 $83,700 $78,900 $4,800
2014 $654 $83,700 $78,900 $4,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122505

Outer Banks Association of REALTORS®

APN: 004496000