NOT LISTED FOR SALE

1624 Village Ln Kill Devil Hills, NC 27948

Estimated Value: $358,000 - $484,000

3 Beds
2 Baths
960 Sq Ft
$423/Sq Ft Est. Value

Last Sold November 19, 2018

Last sale price $170,000 $177 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,386/month

3 Days on Market

Highlights

  • Ranch Style House
  • Level Lot
  • Heat Pump System
  • First Flight Middle School Rated A-
  • Carpet

About This Home

As of November 2018

This home has been a long term rental for the present owner. The current tenants are on a month-to-month lease and require 60 days notice to vacate. They are paying $1200 per month plus utilities. This 3BR home would continue to make the ideal rental property as there is an extreme shortage of homes to rent long term. The home is also a great starter and is located in the desirable First Flight Village community. The home needs some love and is being sold as it is.

Last Listed By

Rick Drumm

Beach Realty & Construction License #141499 Listed on: 09/18/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,226

Year Built

  • Built in 1988

Lot Details

  • 8,365 Sq Ft Lot
  • Level Lot

Home Design

  • 960 Sq Ft Home
  • Ranch Style House
  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Kitchen

  • Oven or Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Washer and Dryer Hookup

Utilities

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

Community Details

  • First Flt Vill Subdivision

Listing and Financial Details

  • Tax Lot 266

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,226

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow, Ranch
  • Directions: Take First Street and head West, take a RIGHT (NORTH) on Village Lane, home is on the LEFT
  • Flood Zone: X
  • Headline: Great Neighborhood!
  • Heated Sq Ft: 960
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 0223
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Slab
  • Full Bathrooms: 2
  • Interior Amenities: Dryer Connection, Ice Maker Connection, Washer Connection

Exterior Features

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

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 8365
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: irreg - see assoc docs
  • Lot Number: Lot 266
  • Estimated Lot Size: 0.19
  • Deed Book: 1527

Rental Info

  • Lease Terms: Month to Month
  • Other Expenses: 70800

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2018
  • Taxes: 1226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2018
Closed on
Nov 19, 2018
Sold by
Greenwood Frederick R and Greenwood Siripan
Bought by
Osteen Michael D and Osteen Pamela L
Seller's Agent
Rick Drumm
Beach Realty & Construction
Buyer's Agent
Melissa Morgan
Coldwell Banker Seaside Realty - KDH
List Price
$170,000
Sold Price
$170,000
Total Days on Market
3
Current Estimated Value
$406,370

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,370
Avg. Annual Appreciation
14.30%
Original Mortgage
$136,000
Outstanding Balance
$120,079
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$286,291

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
Osteen Michael D $850,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osteen Michael D $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2018 11/19/18 Sold $170,000 0.0% $177 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/18/2018 09/18/18 For Sale $170,000 -- $177 / 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 $1,341 $177,500 $89,500 $88,000
2023 $711 $177,500 $89,500 $88,000
2022 $1,279 $177,500 $89,500 $88,000
2021 $1,279 $177,500 $89,500 $88,000
2020 $1,279 $177,500 $89,500 $88,000
2019 $1,254 $144,100 $70,800 $73,300
2018 $1,226 $144,100 $70,800 $73,300
2017 $1,226 $144,100 $70,800 $73,300
2016 $1,169 $144,100 $70,800 $73,300
2014 $1,125 $144,100 $70,800 $73,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101999

Outer Banks Association of REALTORS®

APN: 003245002