NOT LISTED FOR SALE

311 Wallace St Kill Devil Hills, NC 27948

Estimated Value: $468,000 - $661,000

4 Beds
3 Baths
1,885 Sq Ft
$318/Sq Ft Est. Value

Last Sold August 02, 2012

Last sale price $145,100 $77 Per Sq Ft

Est. 313% increase in value since last sale

Current estimated payment $3,559/month

186 Days on Market

Highlights

  • Views of a Sound
  • Coastal Architecture
  • Cathedral Ceiling
  • First Flight Middle School Rated A-
  • Wooded Lot
  • Garage

About This Home

As of August 2012

A Work in Progress and Ready for a New Owner with the Expertise (or the Ability to Hire the Expertise) to Complete Construction. Upstairs Is a Three-Bedroom/Two Bath with Open Floor Plan Living Room, Kitchen with Bar and Pantry, Breakfast Area and Dining Room with Bay Window and Window Seat. Tongue & Groove Accent Walls and Wainscoting Throughout. Downstairs Is a One Bedroom/One Bath with Great Room. Separate Laundry Rooms for Upstairs and Down. Separate Entries for Upstairs and Down Plus Connecting Interior Staircase. Two-Car Garage and/or Workshop Space. Fiberglass Roof Deck Provides Covered Deck on Second Level. Patio Off First Floor Great Room. Beautiful Live Oaks on High Elevation Property. Short Sale at Pre-Approved List Price...Easy Closing on This One!

Last Agent to Sell the Property

Mary-Ruth Reiss

Coldwell Banker Seaside Realty - KDH License #77895 Listed on: 01/27/2012

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Mike Bishal

Great Escapes Vacations & Sales License #201359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,390

Year Built

  • Built in 1988

Lot Details

  • 7,800 Sq Ft Lot
  • Lot Dimensions are 65x120
  • Irregular Lot
  • Wooded Lot
  • Property is zoned RL

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,885 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Bay Window
  • Views of a Sound
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Bathroom Rough-In
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Parking

  • Garage
  • Carport
  • Off-Street Parking

Outdoor Features

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

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Orville Beach W Subdivision

Listing and Financial Details

  • Tax Lot #168

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,390

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional, Coastal
  • Directions: N Croatan Hwy to Approx MP 5.5. West on Helga. North on Susan. West on Wallace. Subject on Left.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Patio, Sun Deck
  • Flood Zone: AE, X
  • Subdivision Name: Orville Beach West
  • Headline: New Pre-Approved List Price!
  • Heated Sq Ft: 1885
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RL
  • Deed Book Pg Number: 41
  • Middle School District: First Flight
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Range/Oven, Washer
  • Bedrooms: 4
  • Bedroom 1: 12'4x12'6, On Level: 2
  • Bedroom 2: 10'9x12'2, On Level: 2
  • Bedroom 3: 9x12'4, On Level: 2
  • Bedroom 4: 12'6x13'9, On Level: 1
  • Kitchen: 13x15'6, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Concrete, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: Bay/Bow Window, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Rough in Bath, Some Windows Treated, Washer Connection
  • Dining Room: 8x14'6, On Level: 2
  • Family Room: 12'5x20, On Level: 1
  • Living Room: 12'7x17, On Level: 2
  • Optional Rooms: In-Law Apartment

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: 8x12+
  • Exterior: Shakes, Sheet Siding, Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 60
  • Sun Deck Size: 8x12+
  • View: Sound

Garage/Parking

  • Garage: 2 Car, Attached
  • Garage Sq Ft: 548
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Sound Access

Schools

  • Elementary School: Nags Head
  • Middle School: First Flight
  • High School: First Fligh

Lot Info

  • Estimated Lot Sq Ft: 7800
  • Lot Description: Bulkheaded, Irregular Terrain, Wooded
  • Lot Size: 65x120
  • Lot Number: Lot#168
  • Deed Book: 1433

Rental Info

  • Other Expenses: 134100
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1988

Multi Family

  • No. of Units: 2

Tax Info

  • Year: 2011
  • Taxes: 1389.96

MLS Schools

  • Senior High School District: First Fligh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2012
Closed on
Jul 25, 2012
Sold by
Bressette Jason
Bought by
Allen Laura Austin
Seller's Agent
Mary-Ruth Reiss
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Mike Bishal
Great Escapes Vacations & Sales
List Price
$207,000
Sold Price
$145,100
Premium/Discount to List
-$61,900
-29.9%
Current Estimated Value
$598,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,867
Avg. Annual Appreciation
11.76%
Original Mortgage
$156,258
Outstanding Balance
$112,455
Interest Rate
3.68%
Mortgage Type
Construction
Estimated Equity
$495,471
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
Allen Laura Austin $145,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Allen Laura Austin $156,258
Previous Owner Bresshtte Jason $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2012 08/02/12 Sold $145,100 -29.9% $77 / Sq Ft
07/31/2012 07/31/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $207,000 -- $110 / 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 $2,666 $352,900 $90,600 $262,300
2023 $2,666 $352,900 $90,600 $262,300
2022 $2,543 $352,900 $90,600 $262,300
2021 $2,543 $352,900 $90,600 $262,300
2020 $2,543 $352,900 $90,600 $262,300
2019 $2,066 $237,500 $81,100 $156,400
2018 $2,021 $237,500 $81,100 $156,400
2017 $2,021 $237,500 $81,100 $156,400
2016 $1,926 $237,500 $81,100 $156,400
2014 $1,855 $237,500 $81,100 $156,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73310

Outer Banks Association of REALTORS®

APN: 000256000