NOT LISTED FOR SALE

205 E Lake Dr Kill Devil Hills, NC 27948

Estimated Value: $589,343 - $657,000

3 Beds
1.5 Baths
1,232 Sq Ft
$505/Sq Ft Est. Value

Last Sold February 28, 2018

Last sale price $320,000 $260 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $3,617/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Granite Countertops
  • Cathedral Ceiling
  • Furnished
  • Fenced Yard

About This Home

As of February 2018

WOW! Check out this newly remodeled home in the heart of Kill Devil hills! This street does NOT intersect with Wrightsville Blvd or Memorial Blvd, making it very private! Beach access as well as shops and restaurants are just a 5 minute walk away! This home has been tastefully remodeled with granite countertops and bamboo flooring. This home features 3 bedrooms and 1.5 baths plus a large optional room which can be used for a den or office that leads out to the southern exposed deck with stairs down to the fenced in back yard. The home has cathedral ceilings and a spacious great room and kitchen! The yard has been fenced in as well as under the home, making it very pet friendly! A detached storage shed has been added and there is plenty of room under the house for storing yard and beach equipment! Rinse off after a long day at the beach in the outdoor shower! The whole home has been tastefully decorated and painted! The bathrooms have been updated as well. The owners take amazing care of this home and it shows! Buyers will NOT be disappointed!

Last Agent to Sell the Property

Jane Ford

Ford Luxury Properties, LLC License #212824 Listed on: 02/02/2018

Co-Listed By

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162

Last Buyer's Agent

Tim Lancsek

Surfside Realty License #210399

Surfside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,668

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 50x125
  • Fenced Yard
  • Level Lot

Home Design

  • Contemporary Architecture
  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,232 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Exterior Lighting
  • Storage Shed

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Community Details

  • Lake Drive Dev Subdivision

Listing and Financial Details

  • Tax Lot 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,668

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Contemporary
  • Directions: Turn East from Bypass (158) onto E Lake Drive. Home is first on right.
  • Extras: Ceiling Fan(s), Fenced Yard, Outside Lighting, Outside Shower, Smoke Detector(s), Storage Shed, Storm Doors, Sun Deck, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Lake Drive Development
  • Headline: Remodeled & Close to Beach!
  • Heated Sq Ft: 1232
  • L V T Date: 02/02/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: Res
  • Deed Book Pg Number: 0381
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C22228
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 3
  • Kitchen: Large
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Washer Connection
  • Family Room: Large
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Size: 50X125
  • Lot Number: Lot 22
  • Deed Book: 1953

Building Info

  • Year Built: 1955

Tax Info

  • Year: 2017
  • Taxes: 1668

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 30, 2019
Sold by
Morgan Sean P
Bought by
Sbs Rentals Llc
Current Estimated Value
$622,586

Purchase Details

Listed on
Feb 2, 2018
Closed on
Feb 27, 2018
Sold by
Harrison Randy W and Harrison Teresa M
Bought by
Morgan Sean P
Seller's Agent
Jane Ford
Ford Luxury Properties, LLC
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$329,000
Sold Price
$320,000
Premium/Discount to List
-$9,000
-2.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.25%
Original Mortgage
$288,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Dec 30, 2013
Closed on
Mar 13, 2014
Sold by
Harper Charles W
Bought by
Harrison Randy W and Harrison Teresa M
Seller's Agent
Jackie Ricks-Sample
Sun Realty - KDH
Buyer's Agent
Jackie Freed
Outer Banks Realty Group
List Price
$229,900
Sold Price
$220,000
Premium/Discount to List
-$9,900
-4.31%

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%
Original Mortgage
$170,000
Interest Rate
4.35%
Mortgage Type
New Conventional
Source: Public Records

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
Sbs Rentals Llc -- --
Morgan Sean P -- --
Harrison Randy W $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morgan Sean P $288,000
Previous Owner Harrison Randy W $170,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2018 02/28/18 Sold $320,000 -2.7% $260 / Sq Ft
02/10/2018 02/10/18 Pending -- -- --
02/02/2018 02/02/18 For Sale $329,000 +49.5% $267 / Sq Ft
03/13/2014 03/13/14 Sold $220,000 -4.3% $179 / Sq Ft
03/02/2014 03/02/14 Pending -- -- --
12/30/2013 12/30/13 For Sale $229,900 -- $187 / 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 $2,702 $349,600 $168,000 $181,600
2023 $2,696 $356,864 $168,000 $188,864
2022 $2,571 $356,864 $168,000 $188,864
2021 $2,519 $349,600 $168,000 $181,600
2020 $2,519 $349,600 $168,000 $181,600
2019 $1,730 $198,900 $131,200 $67,700
2018 $1,669 $196,100 $131,200 $64,900
2017 $1,669 $196,100 $131,200 $64,900
2016 $1,590 $196,100 $131,200 $64,900
2014 $1,531 $196,100 $131,200 $64,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99127

Outer Banks Association of REALTORS®

APN: 027654000