NOT LISTED FOR SALE

1522 Sir Walter Rd Kill Devil Hills, NC 27948

Estimated Value: $965,743 - $1,182,000

4 Beds
5 Baths
2,716 Sq Ft
$401/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $592,500 $218 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $6,146/month

139 Days on Market

Highlights

  • Beach Access
  • In Ground Pool
  • Game Room
  • First Flight Middle School Rated A-
  • Furnished
  • Fenced Yard

About This Home

As of November 2016

Quality built 2002 Low maintenance home. Meticulously maintained turn key rental property with established rental base. This home has been booked for the entire summer season for each of the last eight years. The extra nice pool and hot tub are in a cabana setting and the large pet friendly yard is sodded and has a great low maintenance vinyl fence. The huge game room / entertainment center is on the first level and is convenient to the pool and sports a high quality pool table and Foos ball table. Substantial improvements have been made by the present owners including furniture, complete installation of whole house pet friendly Allure vinyl plank flooring, art works, relocation of hot tub, pool fencing, sodded yards, appliances, electronics, and new Heat pumps. Upgrade list is extensive and is in Associated documents for your review. This home is in the heart of Kill Devil Hills , just a short stroll from several public beach accesses popular with bathers, surfers, and scuba divers / snorkelers. Avalon pier is just to the North and Nags Head pier is just South. The First Flight National memorial and Airstrip, excellent shopping, and an extensive number of restaurants are nearby. This house stays booked all season as the tenants love the location as well as this very special house. Views include the Ocean to the East and the first flight Memorial to the West.

Last Agent to Sell the Property

John Wojcik

Southern Shores Realty License #213938 Listed on: 05/09/2016

Last Buyer's Agent

Karen Etheridge

Sun Realty - Kitty Hawk / Currituck License #192289

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,698

Year Built

  • Built in 2002

Lot Details

  • 9,375 Sq Ft Lot
  • Lot Dimensions are 62 x 150
  • Fenced Yard
  • Level Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,716 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Library
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • W R Deaton Dlry Subdivision

Listing and Financial Details

  • Legal Lot and Block pt4 / Blk 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,698

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: East on First Street, South on Sir Walter, House is on West Side of Sir Walter
  • Extras: Beach Access, Ceiling Fan(s), Fenced Yard, Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: W. R. Deaton - Delray
  • Headline: Pet friendly, close to beach
  • Heated Sq Ft: 2716
  • L V T Date: 05/09/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: Sec 1
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0022
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection
  • Optional Rooms: Foyer, Game Room, Library/Study
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 62

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 3238

Lot Info

  • Estimated Lot Sq Ft: 9375
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 62 x 150
  • Lot Number: Lot pt4
  • Deed Book: 1608

Rental Info

  • Est Annual Rental Income: 49000
  • Estimated Rental Performance: 0.0827
  • Flood Expenses: 799
  • Maintenance Expenses: 1000
  • Other Expenses: 142300
  • Poolspa Expense: 3320
  • Rental Co: VRBO
  • Rental Cottage Name: Kill Devil Rum
  • Rental Cottage Number: 311089
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 2361
  • Annual Electric: 3008
  • Annual Water Expense: 700

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2016
  • Taxes: 3698.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 25, 2017
Sold by
Robbins Ii Spencer E and Robbins Marlene S
Bought by
Robbins Ii Spencer Everett and Spencer Everett Robbins Ii Revocable Tru
Current Estimated Value
$1,087,936

Purchase Details

Closed on
Jan 5, 2005
Sold by
Godwin Donald H and Godwin Lynette M
Bought by
Wentworth James P and Wentworth Pamela M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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

Purchase History

Date Buyer Sale Price Title Company
Robbins Ii Spencer Everett -- None Available
Wentworth James P $615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wentworth James P $61,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $592,500 -3.7% $218 / Sq Ft
09/25/2016 09/25/16 Pending -- -- --
05/09/2016 05/09/16 For Sale $615,000 -- $226 / 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 $4,797 $634,900 $185,600 $449,300
2023 $2,543 $634,900 $185,600 $449,300
2022 $4,574 $634,900 $185,600 $449,300
2021 $4,574 $634,900 $185,600 $449,300
2020 $3,825 $634,900 $185,600 $449,300
2016 $3,686 $439,700 $142,300 $297,400
2014 $3,434 $439,700 $142,300 $297,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92337

Outer Banks Association of REALTORS®

APN: 003118000