NOT LISTED FOR SALE

Estimated Value: $506,000 - $636,000

2 Beds
1.5 Baths
924 Sq Ft
$611/Sq Ft Est. Value

Last Sold December 04, 2017

Last sale price $235,000 $254 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $3,394/month

206 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Views of a Sound
  • Furnished
  • First Flight Middle School Rated A-
  • Coastal Architecture
  • Ceiling Fan

About This Home

As of December 2017

SOUNDFRONT IN KILL DEVIL HILLS IN AVALON ... CENTRALLY LOCATED! COTTAGE IS OLDER AND IN NEED OF UPDATING, OR ... POSSIBLY RAZE AND BUILD A NEW HOME ... GREAT LOT, GREAT LOCATION FOR A NEW HOME *** EXISTING COTTAGE HAS 924SF WITH 2 BEDROOMS, 1.5 BATHS, AND 10 X 20 SUN PORCH UPSTAIRS * THE LOWER LEVEL CAN BE ACCESSED - THIS IS AN UNFINISHED 924SF AREA WHICH HAD BEEN PREVIOUSLY FINISHED OFF BUT WAS REMOVED TO STUDS IN CLEAN UP AFTER IRENE *** HOME HAS GREAT POSSIBILITIES, AND SOUNDFRONT LOT IS APPROXIMATELY 50 X 300 FEET W/ BULKHEADED LOT ... FABULOUS VIEWS OF SOUND & SUNSETS ... BUILD YOUR OWN DOCK! COME SEE!

Last Listed By

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 03/08/2017

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,264

Year Built

  • Built in 1967

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50 x 300
  • 50 Feet of Waterfront
  • Home fronts a sound
  • Level Lot

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 924 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Views of a Sound

Kitchen

  • Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Avalon Beach Subdivision

Listing and Financial Details

  • Tax Lot 1040

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,264

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Cottage
  • Directions: BYPASS, WEST ON DURHAM STREET TO BAY DRIVE, NORTH ON BAY DRIVE - HOME ON LEFT AT 2016 ...
  • Extras: Ceiling Fan(s)
  • Flood Zone: AE
  • Subdivision Name: AVALON BEACH ANNEX 2&3
  • Headline: SOUNDFRONT *** DEEP LOT!
  • Heated Sq Ft: 924
  • L V T Date: 03/08/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: R
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: YES, On Level: 2
  • Bedroom 2: YES, On Level: 2
  • Bedroom 3: YES, On Level: 2
  • Kitchen: COZY, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Dining Room: KITCHEN, On Level: 2
  • Living Room: COMBO, On Level: 2
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: SUN PORCH
  • Street Frontage: 50
  • View: Sound
  • Water Frontage: 50

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Bulkheaded, Level
  • Lot Faces: WEST
  • Lot Size: 50 X 300
  • Lot Number: Lot 1040

Rental Info

  • Other Expenses: 207800

Building Info

  • Year Built: 1967

Tax Info

  • Year: 2017
  • Taxes: 2264.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Oct 28, 2017
Sold by
Wright Richard E
Bought by
Patterson Chase W W and Patterson Lindsey U
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Matt Whelan
Outer Banks Blue Realty Srvcs.
List Price
$299,900
Sold Price
$235,000
Premium/Discount to List
-$64,900
-21.64%
Total Days on Market
206
Current Estimated Value
$564,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$329,184
Avg. Annual Appreciation
12.40%
Original Mortgage
$188,000
Outstanding Balance
$158,473
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$405,711

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
Patterson Chase W W $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson Chase W W $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2017 12/04/17 Sold $235,000 -11.3% $254 / Sq Ft
09/30/2017 09/30/17 Pending -- -- --
09/16/2017 09/16/17 Price Changed $264,900 -3.6% $287 / Sq Ft
05/12/2017 05/12/17 Price Changed $274,900 -8.3% $298 / Sq Ft
03/08/2017 03/08/17 For Sale $299,900 -- $325 / 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 $2,828 $368,100 $227,300 $140,800
2023 $2,824 $373,732 $227,300 $146,432
2022 $2,693 $373,732 $227,300 $146,432
2021 $2,697 $373,732 $227,300 $146,432
2020 $2,693 $373,732 $227,300 $146,432
2019 $2,411 $273,800 $207,800 $66,000
2018 $2,264 $266,100 $207,800 $58,300
2017 $2,264 $266,100 $207,800 $58,300
2016 $2,158 $266,100 $207,800 $58,300
2014 $2,093 $268,000 $207,800 $60,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95504

Outer Banks Association of REALTORS®

APN: 002010000