NOT LISTED FOR SALE

318 W Palmetto St Kill Devil Hills, NC 27948

Estimated Value: $449,000 - $499,000

3 Beds
1.5 Baths
1,704 Sq Ft
$278/Sq Ft Est. Value

Last Sold May 20, 2020

Last sale price $249,000 $146 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $2,666/month

132 Days on Market

About This Home

As of May 2020

Lovingly maintained beach box waiting for you to enjoy! Move in before Christmas! New HVAC 2019, Water Heater, and Appliances. The kitchen, living, dining room are open and Down the hall is two bedrooms and bath. The master at the end of the hall has a Jacuzzi Tub and updated 1/2 bath. On the first floor is an additional bedroom, work out or office area and laundry room. A short walk to the sound and you can enjoy amazing sunsets.

Last Agent to Sell the Property

Lisa Chisholm

Scotch Bonnet Realty License #211692 Listed on: 11/08/2019

Last Buyer's Agent

Cherie Beacham

Keller Williams - Outer Banks License #175316

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,708

Year Built

  • Built in 1978

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Property is zoned 07

Home Design

  • 1,704 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • Kill Devil Hills Sec 1 Subdivision

Listing and Financial Details

  • Legal Lot and Block 29 / 48

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,708

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Subdivision Name: Virginia Dare Shores
  • Headline: Large Westside Home
  • Heated Sq Ft: 1704
  • L V T Date: 11/08/2019
  • Primary Residence: Yes
  • Sale/Rent: For Sale
  • Zoning: 07
  • Deed Book Pg Number: 375
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14722
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Garage/Parking

  • Garage Sq Ft: 100

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Size: 50 X 100
  • Lot Number: Lot 29
  • Estimated Lot Size: 0.11
  • Deed Book: 912

Building Info

  • Year Built: 1978

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2019
  • Taxes: 1707.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 8, 2019
Closed on
May 20, 2020
Sold by
Leohr Milton B and Leohr Janet M
Bought by
Dillon Wayne R and Gilreath Katherine
Seller's Agent
Lisa Chisholm
Scotch Bonnet Realty
Buyer's Agent
Cherie Beacham
Keller Williams - Outer Banks
List Price
$275,000
Sold Price
$249,000
Premium/Discount to List
-$26,000
-9.45%
Total Days on Market
132
Current Estimated Value
$474,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,447
Avg. Annual Appreciation
13.34%
Original Mortgage
$235,535
Outstanding Balance
$212,332
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$255,167
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
Dillon Wayne R $249,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dillon Wayne R $235,535
Previous Owner Leohr Milton B $90,000
Previous Owner Leohr Milton B $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $249,000 -3.9% $146 / Sq Ft
03/19/2020 03/19/20 Pending -- -- --
03/10/2020 03/10/20 Price Changed $259,000 -3.7% $152 / Sq Ft
02/15/2020 02/15/20 Price Changed $269,000 -2.2% $158 / Sq Ft
11/08/2019 11/08/19 For Sale $275,000 -- $161 / 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 $1,780 $235,600 $87,000 $148,600
2023 $1,780 $235,600 $87,000 $148,600
2022 $1,698 $235,600 $87,000 $148,600
2021 $1,698 $235,600 $87,000 $148,600
2020 $1,980 $274,783 $87,000 $187,783
2019 $1,726 $196,300 $77,900 $118,400
2018 $1,689 $196,300 $77,900 $118,400
2017 $1,690 $196,300 $77,900 $118,400
2016 $1,611 $196,300 $77,900 $118,400
2014 $1,552 $196,300 $77,900 $118,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107233

Outer Banks Association of REALTORS®

APN: 000624000