NOT LISTED FOR SALE

309 E Lake Dr Kill Devil Hills, NC 27948

Estimated Value: $712,645 - $860,000

4 Beds
3 Baths
1,809 Sq Ft
$431/Sq Ft Est. Value

Last Sold September 09, 2013

Last sale price $360,000 $199 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $4,389/month

256 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Furnished
  • Contemporary Architecture
  • Main Floor Bedroom
  • Garage

About This Home

As of September 2013

This adorable 4 bedroom, 3 bath cottage has so much to offer! Just 5 lots from the beach with EASY beach access. With over 1800 sq ft, this "beach box" lives LARGE! Lustrous pine flooring through main living area and hall, gas fireplace, gas range and trash compactor as well. Nicely furnished with a few small exceptions, tons of storage throughout. Enclosed garage with dry entry. Landscaped yard and floored storage area in attic. This well-maintained cottage would make a great year-round residence OR rental property! Add a hot tub and garner more than $18,000 per year!

Last Agent to Sell the Property

Jackie Ricks-Sample

Sun Realty - KDH License #47692 Listed on: 11/24/2012

Co-Listed By

Jackie O'Hara

Sun Realty - KDH License #153332

Last Buyer's Agent

Susan Von Suskil

Howard Hanna Outer Banks Realt License #170335

Howard Hanna Outer Banks Realt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,329

Year Built

  • Built in 1997

Lot Details

  • 6,011

Home Design

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

Interior Spaces

  • 1,809 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Outdoor Features

  • Outdoor Shower
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Lake Drive Dev Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,329

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Contemporary
  • Directions: MP 9.5. From US 158 turn west on Lake (by Shrimp on the Go.) House on right.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Smoke Detector(s)
  • Flood Zone: AE
  • Headline: Well kept with great storage!
  • Heated Sq Ft: 1809
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 25
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: Ground
  • Kitchen: On Level: 1
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection
  • Dining Room: On Level: 1
  • Living Room: On Level: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: Nice
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached, Carport

Utilities

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

Lot Info

  • Lot Number: Lot 8
  • Deed Book: WB 12E

Rental Info

  • Est Annual Rental Income: 18100
  • Estimated Rental Performance: 0.0503

Building Info

  • Year Built: 1997

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 2328.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2012
Closed on
Sep 9, 2013
Sold by
Davis Gerald M
Bought by
Durrette Catherine P
Seller's Agent
Jackie Ricks-Sample
Sun Realty - KDH
Buyer's Agent
Susan Von Suskil
Howard Hanna Outer Banks Realty
List Price
$399,000
Sold Price
$360,000
Premium/Discount to List
-$39,000
-9.77%
Current Estimated Value
$779,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$419,661
Avg. Annual Appreciation
6.46%
Original Mortgage
$260,000
Outstanding Balance
$192,734
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$586,927
Source: Public Records
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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
Durrette Catherine P $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durrette Catherine P $260,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/09/2013 09/09/13 Sold $360,000 -9.8% $199 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
11/24/2012 11/24/12 For Sale $399,000 -- $221 / 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 $3,742 $688,800 $369,800 $319,000
2024 $2,854 $377,700 $165,800 $211,900
2023 $2,854 $377,700 $165,800 $211,900
2022 $2,721 $377,700 $165,800 $211,900
2021 $2,721 $377,700 $165,800 $211,900
2020 $2,721 $377,700 $165,800 $211,900
2019 $2,698 $310,100 $154,900 $155,200
2018 $2,639 $310,100 $154,900 $155,200
2017 $2,639 $310,100 $154,900 $155,200
2016 $2,515 $310,100 $154,900 $155,200
2014 $2,422 $310,100 $154,900 $155,200
Source: Public Records

Agents Affiliated with this Home

  • Jackie Ricks-Sample

    Seller's Agent in 2013

    Jackie Ricks-Sample

    Sun Realty - KDH

    (252) 202-8011

    19 in this area

    67 Total Sales

    Jackie Ricks-Sample
    Section Image

  • J

    Seller Co-Listing Agent in 2013

    Jackie O'Hara

    Sun Realty - KDH

    (252) 619-8111

    14 in this area

    50 Total Sales

    Jackie O'Hara
    Section Image

  • S

    Buyer's Agent in 2013

    Susan Von Suskil

    Howard Hanna Outer Banks Realt

    (252) 207-1088

    11 Total Sales

    Susan Von Suskil
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77002

Outer Banks Association of REALTORS®

APN: 008309000

North Carolina Dare County Kill Devil Hills 27948

309 E Lake Dr, Kill Devil Hills, NC

Not Listed for Sale

Detached

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