NOT LISTED FOR SALE

305 E Lake Dr Kill Devil Hills, NC 27948

Estimated Value: $947,000 - $1,263,000

4 Beds
5 Baths
3,592 Sq Ft
$304/Sq Ft Est. Value

Last Sold March 20, 2014

Last sale price $565,000 $157 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $5,926/month

142 Days on Market

Highlights

  • Outdoor Pool
  • Cathedral Ceiling
  • Whirlpool Bathtub
  • Coastal Architecture
  • Wood Flooring
  • Furnished

About This Home

As of March 2014

This home has been totally renovated in 2010-2011. Well thought out floor plan. Roomy enough for all the guests. Ground level has foyer, large game room with separate wet bar/eating area and Master Bedroom. Sliders lead out to fenced in pool area. Tile flooring and nice tiled bathroom and shower. Wood stairwell leads to mid level that has kitchen, dining and open living room. Cathedral ceilings. 3 Bedrooms and 3 Full Baths, One is a Master. Laundry/mud room with energy efficient W & D and lots of storage. Kitchen has granite counters, Gas FP in living & brand new sectional sofa. All hardware, light fixtures and ceiling fans in this home are updated and upgraded. And Flat screen TV's in bedrooms, living room and game room! Acacia wood flooring in kitchen, living and dining. Carpet in bedrooms and tile in bathrooms. Bathrooms all have new vanities and showers. Wood stairwell leading to top floor (3rd level) to carpeted landing area with lots of room and balcony over looking 2nd level. Top floor Master suite is really unique. Owner put lots of thought into what guests would appreciate! Large bedroom and grand master bath, small nook for baby crib,extra storage or even office between bedroom and bathroom. Master Bath is tile flooring with upscale tiled shower and separate Jet Spa tub. His and her sinks. And to make it more special there is a separate room off the bedroom facing East that has a wet bar like counter. Mid size fridge, wet sink and coffee maker. Perfect for private time! Partial ocean views from this room. Yard is landscaped and has a Viking salt water pool in back, fenced in with concrete area around pool. Nice green grass lawn with plenty of room in the front for volleyball or other outdoor activities. Irrigation system in place. Big outside shower in carport. Home is wired for whole house generator. The effective year built of this home could be considered as 2011. Lots of storage and nice size rooms take full advantage of the space. This one is truly "turn key"! Everything has already been done, no need to buy and spend money on updates or repairs. And did I mention it is only a short walk to the public beach access? Just minutes away.... come live the beach life in this remodeled beach house!

Last Agent to Sell the Property

Michelle Huffman

Huffman Coastal Properties License #205638 Listed on: 09/13/2013

Last Buyer's Agent

Matt Huband

OBX Realty Group, LLC License #223529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,224

Year Built

  • Built in 1979

Lot Details

  • 9,500 Sq Ft Lot
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,592 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Generator Hookup
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Lake Drive Dev Subdivision

Listing and Financial Details

  • Tax Lot 12 PT 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,224

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Approx 9.5, 7 lots in from Beach Rd.
  • Extras: Fenced Yard, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Smoke Detector(s), Whirlpool/Spa, Generator Hookup
  • Flood Zone: AE
  • Headline: Totally remodeled and updated!
  • Heated Sq Ft: 3592
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: R
  • Deed Book Pg Number: 0336
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool Type: Outdoor
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 9500
  • Lot Description: Level
  • Lot Number: Lot 12 PT 14
  • Deed Book: 1797

Rental Info

  • Est Annual Rental Income: 23400
  • Estimated Rental Performance: 0.0414
  • Flood Expenses: 484

Building Info

  • Year Built: 1979

Tax Info

  • Year: 2013
  • Taxes: 3223.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2013
Closed on
Mar 20, 2014
Sold by
Coscia Michael and Coscia Patricia
Bought by
Zingaro David N and Zingaro Karen M
Seller's Agent
Michelle Huffman
Huffman Coastal Properties
Buyer's Agent
Matt Huband
OBX Realty Group, LLC
List Price
$589,900
Sold Price
$565,000
Premium/Discount to List
-$24,900
-4.22%
Current Estimated Value
$1,090,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$525,283
Avg. Annual Appreciation
5.73%
Original Mortgage
$417,000
Outstanding Balance
$122,162
Interest Rate
4.24%
Mortgage Type
New Conventional
Estimated Equity
$968,121

Purchase Details

Closed on
Apr 7, 2009
Sold by
Countrywide Home Loans Servicing Lp
Bought by
Coscia Michael and Coscia Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2008
Sold by
Wilkinson William H
Bought by
Countrywide Home Loans Servicing Lp and Goldman Sachs Mortgage Co
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zingaro David N $565,000 None Available
Coscia Michael $229,000 None Available
Countrywide Home Loans Servicing Lp $382,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zingaro David N $417,000
Previous Owner Coscia Michael $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2014 03/20/14 Sold $565,000 -4.2% $157 / Sq Ft
02/02/2014 02/02/14 Pending -- -- --
09/13/2013 09/13/13 For Sale $589,900 -- $164 / 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 $2,696 $992,800 $420,500 $572,300
2024 $2,504 $662,800 $188,500 $474,300
2023 $5,007 $662,800 $188,500 $474,300
2022 $4,775 $662,800 $188,500 $474,300
2021 $2,388 $662,800 $188,500 $474,300
2020 $4,775 $662,800 $188,500 $474,300
2019 $3,735 $429,300 $176,200 $253,100
2018 $3,653 $429,300 $176,200 $253,100
2017 $3,653 $429,300 $176,200 $253,100
2016 $3,481 $429,300 $176,200 $253,100
2014 $3,352 $429,300 $176,200 $253,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80562

Outer Banks Association of REALTORS®

APN: 008312000