NOT LISTED FOR SALE

2023 Franklin St Kill Devil Hills, NC 27948

Estimated Value: $465,000 - $519,000

3 Beds
2 Baths
1,572 Sq Ft
$314/Sq Ft Est. Value

Last Sold July 19, 2013

Last sale price $195,000 $124 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $2,938/month

232 Days on Market

Highlights

  • Boat Dock
  • Home Theater
  • Beach Box Architecture
  • First Flight Middle School Rated A-
  • Spa
  • Cathedral Ceiling

About This Home

As of July 2013

No flood ins required. 3 BR Top level, ground floor has a permitted enclosure w/ 2 large bonus rooms w/ separate entrance. Nowhere else can you find a house w/ this much room for this price, this close to the beach. Updates: new HVAC w/ 10yr warranty, landscaping, open kitchen, wood laminate flooring, roof, bathrooms, trex decking, drain field, gas fireplace, berber carpet. Includes 1 car garage & hot tub. Enjoy the covered deck, sun deck, bay window, nice backyard & a Pet Free home! Out-of-town owners can store car or belongings in garage. Convenient to beach, sound, boat ramp, exercise trails, shops, schools, restaurants, sunrises & sunsets! Great investment opportunity, second home or primary residence.

Last Listed By

Wende Pritchard

All About OBX Real Estate License #211523 Listed on: 10/18/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,224

Year Built

  • Built in 1984

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 100 x 50
  • Fenced Yard
  • Landscaped

Home Design

  • Beach Box Architecture
  • Reverse Style Home
  • Frame Construction
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,572 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Bay Window
  • Home Theater
  • Library
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Outdoor Features

  • Spa
  • Sun Deck
  • Covered Deck
  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot # 1296

Community Details

Overview

  • Avalon Beach Subdivision

Recreation

  • Boat Dock
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,224

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Reverse Floor Plan
  • Directions: Turn W on Durham, take R on Franklin. Nice house on R with landscaped front yard and bay window.
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Landscaped, Patio, Smoke Detector(s), Storage Shed, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Avalon Beach Annex 2 & 3
  • Headline: TWO BONUS ROOMS!
  • Heated Sq Ft: 1572
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 0093
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Bay/Bow Window, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Walk in Closet
  • Optional Rooms: Game Room, In-Law Apartment, Library/Study, Office, Studio, Media Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl

Garage/Parking

  • Garage: 1 Car, Attached

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Park, Sound Access
  • Home Owner Dwelling Insurance: 1440

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Faces: W
  • Lot Size: 100 x 50
  • Lot Number: Lot # 1296
  • Deed Book: 1043

Rental Info

  • Est Annual Rental Income: 19200
  • Estimated Rental Performance: 0.0985
  • Other Expenses: 113400

Building Info

  • Year Built: 1984

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 1223.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2012
Closed on
Jul 18, 2013
Sold by
Wescott Nelda K
Bought by
Pratt Michael J and Pratt Barbara D
Seller's Agent
Wende Pritchard
All About OBX Real Estate
Buyer's Agent
Matt Huband
OBX Realty Group, LLC
List Price
$215,000
Sold Price
$195,000
Premium/Discount to List
-$20,000
-9.3%
Total Days on Market
232
Current Estimated Value
$493,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$298,276
Avg. Annual Appreciation
8.15%
Original Mortgage
$156,000
Outstanding Balance
$115,566
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$377,710

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
Pratt Michael J $195,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pratt Michael J $156,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2013 07/19/13 Sold $195,000 -9.3% $124 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
10/18/2012 10/18/12 For Sale $215,000 -- $137 / 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 $2,119 $280,500 $90,000 $190,500
2023 $2,119 $280,500 $90,000 $190,500
2022 $2,021 $280,500 $90,000 $190,500
2021 $2,021 $280,500 $90,000 $190,500
2020 $2,021 $280,500 $90,000 $190,500
2019 $1,561 $179,400 $61,300 $118,100
2018 $1,527 $179,400 $61,300 $118,100
2017 $1,527 $179,400 $61,300 $118,100
2016 $1,455 $179,400 $61,300 $118,100
2014 $1,381 $176,900 $61,300 $115,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76664

Outer Banks Association of REALTORS®

APN: 001430000