NOT LISTED FOR SALE

1512 Princess Ann Rd Kill Devil Hills, NC 27948

Estimated Value: $862,000 - $1,260,000

4 Beds
3.5 Baths
3,502 Sq Ft
$298/Sq Ft Est. Value

Last Sold March 03, 2017

Last sale price $302,400 $86 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $6,267/month

8 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Granite Countertops
  • First Flight Middle School Rated A-
  • Attic
  • Game Room

About This Home

As of March 2017

WOW!! THIS 4 BEDROOM NEARLY 3500 SF HOME BETWEEN THE HIGHWAYS HAS SO MUCH POTENTIAL. THE MID LEVEL IS THE MAIN ENTRY FOR THIS HOME. IT BOASTS A LARGE FOYER AND GREAT ROOM WITH SLIDING GLASS DOORS TO THE COVERED DECK. THE WEST FACING LARGE KITCHEN WITH LOADS OF CABINETS , BREAKFAST BAR AND DINING AREA OFFERS GREAT SUNSET VIEWS. SLIDING DOORS LEAD TO A REAR DECK. COVERED DECKS ARE ON FRONT AND BACK FOR GREAT SEATING. THE MASTER BEDROOM BOATS A PRIVATE BATH. JUST OFF THE MID LEVEL FOYER ENTRANCE IS A CONVENIENT HALF BATH. THE UPPER LEVEL HAS ANOTHER GREAT ROOM/ENTERTAINMENT AREA AS WELL AS TWO BEDROOMS AND A FULL HALL BATH. THERE IS A COZY OFFICE OFFERING VIEWS OF THE OCEAN ON THIS LEVEL. SUN DECKS BOTH FRONT AND BACK CAN BE ACCESSED FROM THE COMMUNITY ROOM. NOTE THE LARGE STORAGE AREA OFF THIS GREAT ROOM. THERE ARE FINISHED STAIRS TO THE FOURTH LEVEL THAT HAS BEEN INSULATED AND WAS THE PRIOR OWNERS DREAM OF A THEATRE ROOM. THE LOWER LEVEL HAS A ENORMOUS GAME ROOM WITH FULL KITCHEN/BAR. A BEDROOM AND FULL BATH ARE ON THIS LEVEL. SLIDING GLASS DOORS LEAD TO A SPACIOUS REAR YARD. THE ONE CAR GARAGE IS LARGE ENOUGH FOR BIKES AND EQUIPMENT AS WELL AS THE CAR. THE SEPTIC HAS BEEN PLACED IN THE FAR REAR TO THE SOUTH BORDER TO ALLOW PLENTY OF ROOM FOR A FUTURE POOL. THE SHED COULD BE CONVERTED TO A POOL HOUSE. IMPORTANTLY YOU ARE STEPS AWAY FROM THE FIRST STREET OCEAN ACCESS TO A GREAT BEACH. BRNG YOUR OWN DECORATORS TOUCHES AND JUST IMAGINE THE POSSIBILITIES.

Last Agent to Sell the Property

Mary Fouty-Davis

Sun Realty - Kitty Hawk / Currituck License #149905 Listed on: 02/07/2017

Last Buyer's Agent

Richard Tolson

RT Realty OBX, LLC License #119826

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,439

Year Built

  • Built in 2007

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 75 x 146
  • Fenced Yard
  • Level Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Lap Siding
  • Modular or Manufactured Materials
  • Vinyl Construction Material

Interior Spaces

  • 3,502 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Library
  • Game Room
  • Utility Room
  • Washer and Dryer Hookup
  • Ocean Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Community Details

  • W R Deaton Dlry Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Legal Lot and Block # 4 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,439

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Bank Owned: Yes
  • Directions: TURN EAST ON FIRST STREET IN KDH AT MP 6.5 RIGHT ON PRINCESS ANNE
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Garage Door Opener, Outside Lighting, Outside Shower, Smoke Detector(s), Storage Shed
  • Flood Zone: AE
  • Subdivision Name: W R DEATON - DELRAY BEACH
  • Headline: PREEMINENT PROFIT AT PRINCESS
  • Heated Sq Ft: 3502
  • L V T Date: 02/07/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: More than 5th row
  • Zoning: RES
  • Deed Book Pg Number: 0506
  • Office License Number: C3211
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Slab
  • Full Bathrooms: 3
  • Interior Amenities: Attic, Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Library/Study, Office, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Modular (Pre-Fab)
  • Exterior: Lap Siding, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached
  • Garage Sq Ft: 400
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 11000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 75 X 146
  • Lot Number: Lot # 4
  • Deed Book: 2128

Rental Info

  • Other Expenses: 120000

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2016
  • Taxes: 3439

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2017
Closed on
Mar 2, 2017
Sold by
The Bank Of New York Mellon
Bought by
Dlc Properties Llc
Seller's Agent
Mary Fouty-Davis
Sun Realty - Kitty Hawk / Currituck
Buyer's Agent
Richard Tolson
RT Realty OBX, LLC
List Price
$375,000
Sold Price
$302,400
Premium/Discount to List
-$72,600
-19.36%
Total Days on Market
8
Current Estimated Value
$1,042,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$740,028
Avg. Annual Appreciation
18.41%

Purchase Details

Closed on
Oct 28, 2016
Sold by
Poore Substitute Trustee Ltd
Bought by
The Bank Of New York Mellon
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
Dlc Properties Llc -- None Available
The Bank Of New York Mellon -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Devlin Chris E $499,200
Previous Owner Devlin Chris E $62,300
Previous Owner Devlin Chris E $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2017 03/03/17 Sold $302,400 -19.4% $86 / Sq Ft
02/15/2017 02/15/17 Pending -- -- --
02/07/2017 02/07/17 For Sale $375,000 -- $107 / 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 $4,974 $658,400 $156,800 $501,600
2023 $4,974 $658,400 $156,800 $501,600
2022 $4,744 $658,400 $156,800 $501,600
2021 $4,744 $658,400 $156,800 $501,600
2020 $4,744 $658,400 $156,800 $501,600
2019 $4,858 $558,400 $120,000 $438,400
2018 $0 $558,400 $120,000 $438,400
2017 $4,299 $505,200 $120,000 $385,200
2016 $3,439 $424,100 $120,000 $304,100
2014 $3,312 $424,100 $120,000 $304,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95107

Outer Banks Association of REALTORS®

APN: 003139000