NOT LISTED FOR SALE

223 E Palmetto St Kill Devil Hills, NC 27948

Estimated Value: $714,000 - $773,000

4 Beds
2 Baths
1,525 Sq Ft
$481/Sq Ft Est. Value

Last Sold September 18, 2015

Last sale price $364,000 $239 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,322/month

164 Days on Market

Highlights

  • Ocean View
  • Cathedral Ceiling
  • Covered Deck
  • First Flight Middle School Rated A-
  • Furnished
  • Outdoor Shower

About This Home

As of September 2015

223 E Palmetto St, Kill Devil Hills- Location, Location, Location!! This 4bd/2th reverse floor plan house has everything you could ask for in a beach house. Just steps to the beach, Avalon Fishing Pier, and Awful Aruthur's world famous oyster bar. Did I mention the ocean views, no? This house has amazing ocean views from the top deck, living room, and crows nest!! The property has been gently used as a 2nd home and been exceptionally maintained by the sellers. Sold fully furnished the house will be turn key for a new buyer. Over the years the sellers have updated this home with new siding in 2007 and metal roof, new water heater in 2011, new interior paint in 2012, hurricane shutters and so much more. This house would make for a great rental property or continue to use as a 2nd home. Centrally located to shopping, restaurants, and all the Outer Banks has to offer. Don't miss out on this opportunity to own this wonderful house.

Last Agent to Sell the Property

Matt Huband

OBX Realty Group, LLC License #223529 Listed on: 03/24/2015

Last Buyer's Agent

Matt Huband

OBX Realty Group, LLC License #223529 Listed on: 03/24/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,589

Year Built

  • Built in 1990

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 49x101

Home Design

  • Reverse Style Home
  • Frame Construction
  • Metal Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,525 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Covered Deck

Utilities

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

Community Details

  • Va Dare Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 5-6 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,589

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: E Palmetto St b/w highways
  • Extras: Ceiling Fan(s), Covered Decks, Outside Shower
  • Flood Zone: AE
  • Subdivision Name: Virginia Dare Shores
  • Headline: Ocean Views & Great Condition
  • Heated Sq Ft: 1525
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 0207
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Floor Coverings: Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Metal
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 4077

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Size: 49x101
  • Lot Number: Lot 5-6
  • Deed Book: 1427

Rental Info

  • Est Annual Rental Income: 20000
  • Estimated Rental Performance: 0.0549
  • Flood Expenses: 798

Building Info

  • Year Built: 1990

Tax Info

  • Year: 2015
  • Taxes: 2589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2023
Sold by
Jones James E and Jones Johanna H
Bought by
223 Palmetto Street Llc
Current Estimated Value
$733,971

Purchase Details

Listed on
Mar 24, 2015
Closed on
Sep 18, 2015
Sold by
Breckenridge James D and Breckenridge Eleanor W
Bought by
Jones James E and Jones Johanna H
Seller's Agent
Matt Huband
OBX Realty Group, LLC
Buyer's Agent
Matt Huband
OBX Realty Group, LLC
List Price
$399,999
Sold Price
$364,000
Premium/Discount to List
-$35,999
-9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Source: Public Records

Range of Values:

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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
223 Palmetto Street Llc -- --
Jones James E -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/18/2015 09/18/15 Sold $364,000 -9.0% $239 / Sq Ft
09/04/2015 09/04/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $399,999 -- $262 / 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 $3,954 $432,000 $190,000 $242,000
2023 $1,730 $523,377 $190,000 $333,377
2022 $3,113 $432,000 $190,000 $242,000
2021 $3,113 $432,000 $190,000 $242,000
2020 $3,113 $432,000 $190,000 $242,000
2019 $2,980 $342,500 $182,500 $160,000
2018 $0 $342,500 $182,500 $160,000
2017 $2,914 $342,500 $182,500 $160,000
2016 $2,589 $319,300 $182,500 $136,800
2014 $2,493 $319,300 $182,500 $136,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87336

Outer Banks Association of REALTORS®

APN: 000339000