NOT LISTED FOR SALE

2038 Smithfield St Kill Devil Hills, NC 27948

Estimated Value: $437,123

0.34 Acre
$1,285,656 Price per Acre
14,810 Sq Ft Lot

Last Sold December 06, 2021

Last sale price $360,000 $469 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,361/month

64 Days on Market

Highlights

  • Community Beach Access
  • 0.34 Acre Lot
  • Level Lot
  • First Flight Middle School Rated A-

About This Lot

As of December 2021

3 LOT POTENTIAL! Originally 3 lots but a home currently sits on two of the lots. Town implied that the home could be removed and the lots could be used independently again (Buyer's Agent and Buyer would need to verify). Would be a great option to build spec homes. Verbal estimates of approximately $15,000 to demo and remove the house. X FLOOD ZONE means NO FLOOD INSURANCE NEEDED! Centrally located in the always popular Avalon community. This is the perfect location for a second home, investment property or primary residences. Avalon offers sound access and an easy walk to the Bay Drive multi use path where you can enjoy biking, walking or jogging. Through the VOLUNTARY Avalon Beach Improvement Association (only $35.00 a year) you can enjoy ocean side community access and parking. It is getting harder to find an affordable site to buildon. Don’t miss your opportunity

Last Agent to Sell the Property

Tammy Russell

Keller Williams - Outer Banks License #152164 Listed on: 08/02/2021

Keller Williams - Outer Banks

Last Buyer's Agent

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,641

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 150x100
  • Level Lot

HOA Fees

  • $3 Monthly HOA Fees

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Avalon Beach Improvement Assoc Association
  • Avalon Beach Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$1,641

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn west onto Durham St. Smithfield is the 4th street on the right. Property is on the north end of Smithfield.
  • Flood Zone: X
  • Headline: RARE OPPORTUNITY!
  • L V T Date: 08/02/2021
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 143
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Sound Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 35
  • Hoa Contact: Avalon Beach Improvement Assoc
  • HOA Contact: avalonbeachobx.com

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Level
  • Lot Size: 150x100
  • Estimated Lot Size: 0.34
  • Deed Book: 397
  • Unit/Lot Number: Lot1309

Tax Info

  • Year: 2020
  • Taxes: 1641.3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2021
Closed on
Dec 3, 2021
Sold by
Eure Janice B and Eure Claude H
Bought by
Tumolo Ronnie V and Tumolo Karen F
Seller's Agent
Tammy Russell
Keller Williams - Outer Banks
Buyer's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%
Current Estimated Value
$437,123

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,123
Avg. Annual Appreciation
4.86%
Original Mortgage
$240,000
Outstanding Balance
$220,702
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$216,421
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tumolo Ronnie V $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tumolo Ronnie V $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2021 12/06/21 Sold $360,000 -4.0% $469 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $375,000 0.0% $488 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $375,000 -- $488 / 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
2025 $896 $165,000 $165,000 $0
2024 $680 $90,000 $90,000 $0
2023 $1,721 $227,800 $151,200 $76,600
2022 $1,641 $227,800 $151,200 $76,600
2021 $1,641 $227,800 $151,200 $76,600
2020 $1,641 $227,800 $151,200 $76,600
2019 $1,221 $140,300 $103,000 $37,300
2018 $1,194 $140,300 $103,000 $37,300
2017 $1,194 $140,300 $103,000 $37,300
2016 $1,138 $140,300 $103,000 $37,300
2014 $1,096 $140,300 $103,000 $37,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115527

Outer Banks Association of REALTORS®

APN: 001443000