NOT LISTED FOR SALE

300 E Lake Dr Kill Devil Hills, NC 27948

Estimated Value: $1,002,000 - $1,053,000

5 Beds
7 Baths
2,986 Sq Ft
$343/Sq Ft Est. Value

Last Sold May 13, 2016

Last sale price $495,000 $166 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,800/month

18 Days on Market

Highlights

  • Ocean View
  • Cathedral Ceiling
  • Game Room
  • Second Refrigerator
  • Furnished
  • Screened Porch

About This Home

As of May 2016

This is it! This is the house you have been waiting for! One of the nicest homes located between the highways in Kill Devil Hills. This 5 bedroom, 5 full / 2 half bathroom home has everything you are looking for inside, plus excellent ocean views with direct beach access! Offering 2,986 square feet of heated living space along with copious amounts of exterior decking, this gem has enough room for the entire family. The ground level offers a large game room, wet bar and utility room along with a half bathroom. This level also provides access to the private elevator which services all three (3) floors. The mid-level is where you will find the first four (4) bedrooms all with private bathrooms. Venture to the top level to explore the grand open floor plan including kitchen, great room and dining area. This level also offers access to the screened porch- perfect for taking advantage of the ocean & sunrise views. The fifth (5) and final master bedroom is located on the top floor, along with a private half bath. E. Lake Drive offers direct beach access (located at end of the street) and an easy walk to downtown Kill Devil Hills. Original owner has only used property as 2nd home and it shows throughout. Take a minute to view the interactive 3D Virtual Tour to experience walking through the home - http://bit.ly/1Vubv1z. Make sure you check out this property!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 03/31/2016

Keller Williams - Outer Banks

Last Buyer's Agent

Madonna VanCuren

Coldwell Banker Seaside Realty - KDH License #136061

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,810

Year Built

  • Built in 2004

Lot Details

  • 6,011

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,986 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Additional Features

  • Handicap Accessible
  • Level Lot

Community Details

  • Lake Drive Dev Subdivision

Listing and Financial Details

  • Tax Lot #13

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,810

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Highway 158, east on Lake Drive beside Ladles Restaurant (around MP 9). House located on left.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Outside Lighting, Outside Shower, Patio, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Headline: Ocean View, Elevator & More!
  • Heated Sq Ft: 2986
  • L V T Date: 03/31/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0327
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Floor Coverings: Carpet, Ceramic Tile, Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Utility Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: Lot #13
  • Deed Book: 1576

Rental Info

  • Est Annual Rental Income: 39000
  • Estimated Rental Performance: 0.0788

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2015
  • Taxes: 3810

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2023
Sold by
Branch Yolande B and Branch Robert J
Bought by
Sea Scape Beach & Golf Villas Association Inc
Current Estimated Value
$1,022,708

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 12, 2016
Sold by
Yancey William N and Yancey Ellen E
Bought by
Branche Robert E and Branche Susan W
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$509,900
Sold Price
$495,000
Premium/Discount to List
-$14,900
-2.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.78%
Original Mortgage
$245,000
Interest Rate
3.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sea Scape Beach & Golf Villas Association Inc -- None Listed On Document
Branche Robert E $495,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Branche Robert E $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/13/2016 05/13/16 Sold $495,000 -2.9% $166 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $509,900 -- $171 / 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 $5,429 $999,500 $348,000 $651,500
2024 $4,368 $578,100 $168,000 $410,100
2023 $4,368 $578,100 $168,000 $410,100
2022 $4,165 $578,100 $168,000 $410,100
2021 $4,165 $578,100 $168,000 $410,100
2020 $4,165 $578,100 $168,000 $410,100
2019 $4,088 $469,900 $145,800 $324,100
2018 $4,150 $469,900 $145,800 $324,100
2017 $4,136 $469,900 $145,800 $324,100
2016 $3,810 $469,900 $145,800 $324,100
2014 $3,669 $469,900 $145,800 $324,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91778

Outer Banks Association of REALTORS®

APN: 008313000