NOT LISTED FOR SALE

1938 W 5th St Kill Devil Hills, NC 27948

Estimated Value: $748,000 - $1,079,000

0.14 Acre
$6,247,057 Price per Acre
6,048 Sq Ft Lot

Last Sold April 14, 2022

Last sale price $190,000

Est. 360% increase in value since last sale

Current estimated payment $5,267/month

12 Days on Market

About This Lot

As of April 2022

The Perfect Location, Deeded Beach Parking and a Deeded Sound Access equals a winning combination. With high real estate demand and lots at an all time scarcity, this Sound Side Lot comes at the perfect time. Located in a quiet spur of Fifth Street on the sound side of Bay Drive and the ever popular Multi Use Path for biking or running all while gazing at Kitty Hawk Bay and its beautiful attributes! The Sound access for launching your boat is at Dock Street and is less than 1000 feet away. Even better is a deeded sound front lot that is literally a stones throw from this lot and allows you to swim, launch a paddleboard, picnic, sunset gaze or fish with only the owners of Wrights Shores having access. Top that off with a Deeded Wrights Shores beach parking lot located one lot off the beach road on the corner of east fifth street. Located in a private setting but also close to Publix, Food Lion, Lowes, and the upcoming Target, this is a no brainer. Call me today to discuss your options. Lot across the street at 1918 W Fifth Street is also available (MLS #117371).

Last Listed By

Shane Collins

SERHANT North Carolina LLC License #271508 Listed on: 01/21/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $731

Year Built

  • 2023

Lot Details

  • 6,048 Sq Ft Lot
  • Lot Dimensions are 54 x 112
  • Property is zoned RL

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Wright's Shores Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$731

Year Built

2023

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: From N Croatan Hwy, west on W Fifth St at stoplight across from old Kmart. Go all the way to Bay Drive and go straight through 4-way intersection. Lot will be on right.
  • Flood Zone: AE, X
  • L V T Date: 01/21/2022
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: More than 5th row
  • Zoning: RL
  • Deed Book Pg Number: 169
  • 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: LotsLands
  • Year Built (Public Record): 2023

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Sound Access

Lot Info

  • Estimated Lot Sq Ft: 6048
  • Lot Faces: SE
  • Lot Size: 54 x 112
  • Estimated Lot Size: 0.14
  • Deed Book: 164
  • Unit/Lot Number: Lot 54

Tax Info

  • Year: 2021
  • Taxes: 730.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Apr 14, 2022
Sold by
Midtown Development Corporation
Bought by
Black Barry J and Black Christina P
Seller's Agent
Shane Collins
SERHANT North Carolina LLC
Buyer's Agent
Gail Sabato
Sun Realty - KDH
List Price
$169,900
Sold Price
$190,000
Premium/Discount to List
$20,100
11.83%
Total Days on Market
12
Current Estimated Value
$874,588

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$684,588
Avg. Annual Appreciation
63.38%
Original Mortgage
$142,500
Interest Rate
4.17%
Mortgage Type
New Conventional

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
Black Barry J $1,140,000 Casey & Robbins Pc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Black Barry J $624,000
Closed Black Barry J $142,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $190,000 +11.8% --
02/02/2022 02/02/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $169,900 -- --
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 $4,463 $590,800 $101,400 $489,400
2023 $406 $101,400 $101,400 $0
2022 $731 $101,400 $101,400 $0
2021 $731 $101,400 $101,400 $0
2020 $731 $101,400 $101,400 $0
2019 $681 $78,300 $78,300 $0
2018 $0 $78,300 $78,300 $0
2017 $666 $78,300 $78,300 $0
2016 $635 $78,300 $78,300 $0
2014 $611 $78,300 $78,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Shane Collins

    Seller's Agent in 2022

    Shane Collins

    SERHANT North Carolina LLC

    (252) 202-1193

    238 Total Sales

    Shane Collins
    Section Image
  • Gail Sabato

    Buyer's Agent in 2022

    Gail Sabato

    Sun Realty - KDH

    (757) 237-4726

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117372

Outer Banks Association of REALTORS®

APN: 002158000

North Carolina Dare County Kill Devil Hills 27948

1938 W 5th St, Kill Devil Hills, NC

Homes for Sale in Kill Devil Hills, NC

This home is located at 1938 W 5th St, Kill Devil Hills, NC 27948 since 21 January 2022 and is currently estimated at $874,588. This property was built in 2023. 1938 W 5th St is a home located in Dare County with nearby schools including Nags Head Elementary School, First Flight Middle School, and First Flight 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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