NOT LISTED FOR SALE

2015 Franklin St Kill Devil Hills, NC 27948

Estimated Value: $428,000 - $548,000

3 Beds
2 Baths
1,800 Sq Ft
$270/Sq Ft Est. Value

Last Sold February 14, 2014

Last sale price $162,000 $90 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $2,764/month

133 Days on Market

Highlights

  • Beach Access
  • Contemporary Architecture
  • Wood Countertops
  • First Flight Middle School Rated A-
  • Sun or Florida Room
  • Game Room

About This Home

As of February 2014

HUGE NEW REMODEL/ADDITION ON GROUND FLOOR BELIEVED TO HAVE BEEN COMPLETED IN 2007 ... CREATES 2 SEPARATE LIVING AREAS WITH INTERIOR OPEN STAIRWELL ACCESSING BOTH LEVELS *** UPPER LEVEL FEATURES ORIGINAL HOME WITH 2 BEDROOMS & 1 FULL BATH W/ KITCHEN & LIVING AREA ... FRONT PORCH ENCLOSED INTO SEPARATE SPACE WITH STAIRWELL LEADING DOWN TO NEWER ADDED SPACE ON GROUND LEVEL WHICH INCLUDES A SPACE AT BOTTOM OF STAIRS FOR STORAGE UNDER STAIRS AND SMALL OFFICE AREA ... THIS SEGUES INTO A FAMILY ROOM - WHICH COULD BE A GAME ROOM OR WHATEVER YOU WOULD LIKE IT TO BE ... THERE IS A TABLE SPACE, BEDROOM AND MINI KITCHEN AREA - WHICH WAS DESIGNED MORE AS A WET BAR & SPACE TO ENTERTAIN, FULL BATH WITH LAUNDRY - AND DOOR TO EXTERIOR - COULD MAKE A GREAT SPACE FOR SEPARATE FAMILY OR FRIENDS WHEN THEY COME VISIT - WOOD LAMINATE FLOORING IN LIVING AREA AND TILE IN MINI KITCHEN *** ONCE THE EVENTUAL NEW PURCHASER UPDATES THE LEVEL 2 LIVING AREAS THE HOME'S EFFECTIVE AGE COULD BE LESS THAN 10 YRS OLD *** GREAT RENTAL POTENTIAL IF YOU ARE LOOKING FOR A YEAR ROUND RENTAL INVESTMENT ... EXTERIOR IS CEMENT FIBERBOARD (HARDI) *** COME SEE!

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 09/24/2013

Coldwell Banker Seaside Realty KH

Co-Listed By

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Last Buyer's Agent

Jeff Scott

Scott Team Realty License #133929

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,330

Year Built

  • Built in 1980

Lot Details

  • 4,791 Sq Ft Lot
  • Lot Dimensions are 49 x 100 x 50 x 100
  • Level Lot

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,800 Sq Ft Home
  • Ceiling Fan
  • Game Room
  • Sun or Florida Room
  • Fire and Smoke Detector
  • Washer and Dryer Hookup

Kitchen

  • Wood Countertops
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Sun Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Avalon Beach Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 1288

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,330

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Bank Owned: Yes
  • Directions: W on Durham, R on Franklin, House on Right
  • Extras: Beach Access, Ceiling Fan(s), Outside Lighting, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: Avalon Beach Annex 2 & 3
  • Headline: Ground Level all New Addition!
  • Heated Sq Ft: 1800
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: R
  • Deed Book Pg Number: 0074
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Bedroom 1: yes, On Level: 2
  • Bedroom 2: yes, On Level: 2
  • Bedroom 3: YES, On Level: 1
  • Bedroom 4: SEPTIC 4BR
  • Kitchen: yes, On Level: 2
  • Countertops: Wood, Laminate
  • Floor Coverings: Carpet, Tile, Vinyl, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Interior Amenities: Dryer Connection, Washer Connection
  • Dining Room: COMBO, On Level: 2
  • Family Room: NICE!, On Level: 1
  • Living Room: YES, On Level: 2
  • Optional Rooms: Game Room, In-Law Apartment, Office, Sun/Florida Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: SUN ROOM
  • Street Frontage: 49
  • Sun Deck Size: side

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 4791
  • Lot Description: Level
  • Lot Faces: W
  • Lot Size: 49 X 100 X 50 X 100
  • Lot Number: Lot 1288
  • Deed Book: 1641

Rental Info

  • Other Expenses: 61300

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2013
  • Taxes: 1330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2025
Sold by
Zheng Weiguang and Chen Feng
Bought by
Williams Kenneth D
Current Estimated Value
$485,348

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Outstanding Balance
$220,060
Interest Rate
6.87%
Mortgage Type
VA
Estimated Equity
$265,288

Purchase Details

Closed on
Dec 19, 2019
Sold by
Zheng Ming and Guo Zhouzhen
Bought by
Zheng Weiguang

Purchase Details

Closed on
Oct 1, 2015
Sold by
Zheng Feng and Chen Yun
Bought by
Zheng Ming

Purchase Details

Listed on
Sep 24, 2013
Closed on
Feb 14, 2014
Sold by
Branch Banking And Trust Co
Bought by
Zheng Feng
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Jeff Scott
Scott Team Realty
List Price
$210,000
Sold Price
$162,000
Premium/Discount to List
-$48,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Sep 23, 2013
Sold by
Ball Shane J
Bought by
Branch Banking And Trust Co

Purchase Details

Closed on
Jun 23, 2005
Sold by
Gehman Helen J
Bought by
Ball Shane J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,600
Interest Rate
5.54%
Mortgage Type
New Conventional
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
Williams Kenneth D $421,000 None Listed On Document
Williams Kenneth D $421,000 None Listed On Document
Zheng Weiguang -- None Available
Zheng Ming -- None Available
Zheng Feng $162,000 None Available
Branch Banking And Trust Co $187,000 None Available
Ball Shane J $196,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Kenneth D $221,000
Closed Williams Kenneth D $221,000
Previous Owner Ball Shane J $166,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2014 02/14/14 Sold $162,000 -22.9% $90 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
09/24/2013 09/24/13 For Sale $210,000 -- $117 / 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 $2,297 $304,100 $90,000 $214,100
2023 $2,297 $304,100 $90,000 $214,100
2022 $2,191 $304,100 $90,000 $214,100
2021 $2,191 $304,100 $90,000 $214,100
2020 $2,191 $304,100 $90,000 $214,100
2019 $1,541 $177,100 $61,300 $115,800
2018 $1,507 $177,100 $61,300 $115,800
2017 $1,507 $177,100 $61,300 $115,800
2016 $1,436 $177,100 $61,300 $115,800
2014 $1,383 $177,100 $61,300 $115,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80681

Outer Banks Association of REALTORS®

APN: 001425000