NOT LISTED FOR SALE

308 W Palmetto St Kill Devil Hills, NC 27948

Estimated Value: $280,000 - $378,000

2 Beds
1 Bath
896 Sq Ft
$381/Sq Ft Est. Value

Last Sold November 15, 2018

Last sale price $145,000 $162 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $1,932/month

48 Days on Market

Highlights

  • Beach Box Architecture
  • Laundry Room
  • Central Air
  • First Flight Middle School Rated A-
  • Outdoor Shower
  • Ceiling Fan

About This Home

As of November 2018

Nestled in the live oaks this home is truly a fixer uppers dream come true. This westside Kill Devil Hills home offers one level living, 2 bedrooms, 1 bath and has so much potential making it a great primary home, second home, yearly or weekly rental. The flooring has been removed and all the paneling has been replaced with sheetrock except one area in the kitchen giving you a blank slate to make this home your own. Centrally located close to the beach, sound, local shops, restaurants and grocery stores. Talk about convenience, W. Palmetto St. has recently been extended to Bay Drive making getting around even more convenient, you can take the back roads and hardly ever have to be on the bypass. Don’t let this one pass you by, schedule a viewing today!

Last Agent to Sell the Property

Christy Cartwright

Coldwell Banker Seaside Realty KH License #237557 Listed on: 08/21/2018

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Christy Cartwright

Coldwell Banker Seaside Realty KH License #237557 Listed on: 08/21/2018

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,052

Year Built

  • Built in 1965

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 896 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Laminate Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Outdoor Shower
  • Sun Deck

Utilities

  • Central Air
  • Heating Available
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Va Dare Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 25-26 / 48

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,052

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: From 158 turn onto W. Palmetto Drive (at Front Porch Cafe), house is on the right.
  • Extras: Ceiling Fan(s), Outside Shower, Sun Deck, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Virginia Dare Shores
  • Headline: Great Fixer Upper Opportunity
  • Heated Sq Ft: 896
  • L V T Date: 08/21/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0481
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 2
  • Countertops: Laminate
  • Floor Coverings: Plywood
  • Foundation: Piling, Short Pilings
  • Full Bathrooms: 1
  • Interior Amenities: Dryer Connection, Washer Connection

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Electric
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 998

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Level
  • Lot Size: 50 x 100
  • Lot Number: Lot 25-26
  • Estimated Lot Size: 0.11
  • Deed Book: 0764

Rental Info

  • Flood Expenses: 485
  • Annual Electric: 120
  • Annual Water Expense: 100

Building Info

  • Year Built: 1965

Tax Info

  • Year: 2018
  • Taxes: 1051.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2018
Closed on
Nov 15, 2018
Sold by
Krolczyk Gregory N
Bought by
Bunn Jimmy C and Bunn Leslie T
Seller's Agent
Christy Cartwright
Coldwell Banker Seaside Realty KH
Buyer's Agent
Christy Cartwright
Coldwell Banker Seaside Realty KH
List Price
$179,500
Sold Price
$145,000
Premium/Discount to List
-$34,500
-19.22%
Total Days on Market
48
Current Estimated Value
$341,722

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,722
Avg. Annual Appreciation
13.62%
Original Mortgage
$130,500
Outstanding Balance
$115,687
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$218,520
Source: Public Records

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Range of Values:

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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
Bunn Jimmy C $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bunn Jimmy C $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2018 11/15/18 Sold $145,000 -19.2% $162 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
09/25/2018 09/25/18 For Sale $179,500 0.0% $200 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $179,500 -- $200 / 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 $1,421 $188,100 $87,000 $101,100
2023 $1,421 $188,100 $87,000 $101,100
2022 $1,355 $188,100 $87,000 $101,100
2021 $1,355 $188,100 $87,000 $101,100
2020 $1,355 $188,100 $87,000 $101,100
2019 $1,075 $123,600 $77,900 $45,700
2018 $1,052 $123,600 $77,900 $45,700
2017 $1,052 $123,600 $77,900 $45,700
2016 $1,002 $123,600 $77,900 $45,700
2014 $965 $123,600 $77,900 $45,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101694

Outer Banks Association of REALTORS®

APN: 000622000