NOT LISTED FOR SALE

400 E Lake Dr Kill Devil Hills, NC 27948

Estimated Value: $673,777 - $732,000

4 Beds
2.5 Baths
1,560 Sq Ft
$453/Sq Ft Est. Value

Last Sold September 02, 2021

Last sale price $545,000 $349 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,136/month

9 Days on Market

Highlights

  • Cathedral Ceiling
  • Whirlpool Bathtub
  • Covered Deck
  • Wood Flooring
  • Furnished
  • Outdoor Shower

About This Home

As of September 2021

Great Beach Access! Ocean view Beach Home just steps to the beach with Four Bedrooms, Two and a Half Baths. Nice open floorplan upstairs with beautiful wood floors. Mid level offers all of the Four Bedrooms and 2 Full Baths. Laundry is on ground floor in storage area. This home will offer great beach vacations to its lucky new owner. The nice sliders give plenty of light and access to the decks that are in great condition. This home is well-maintained and shows very well, super clean and neat! Easily convert this fully furnished home to a Vacation Rental and enjoy the rents!

Last Agent to Sell the Property

Michael Davenport

Sun Realty - KDH License #82882 Listed on: 06/09/2021

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's International Realty License #194377

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,491

Year Built

  • Built in 1987

Lot Details

  • 6,350 Sq Ft Lot
  • Level Lot

Parking

  • Tuck Under Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,560 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Window Treatments

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Utilities

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

Community Details

  • Lake Drive Dev Subdivision

Listing and Financial Details

  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,491

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Covered Decks, Outside Lighting, Outside Shower, Sun Deck, Whirlpool/Spa
  • Headline: Ocean View Easy Beach Access!
  • Heated Sq Ft: 1560
  • L V T Date: 06/16/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 316
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 6350
  • Lot Description: Level
  • Lot Size: 6000 sq. ft.
  • Lot Number: Lot 3
  • Estimated Lot Size: 0.15
  • Deed Book: 719

Rental Info

  • Rental Co: Managed by Homeowner
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1987

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2020
  • Taxes: 2490.77

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2021
Closed on
Sep 2, 2021
Sold by
Ashby Richard L and Ashby Mary F
Bought by
Okros Yvette J and Henderson Jeremy Lucas
Seller's Agent
Michael Davenport
Sun Realty - KDH
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$549,000
Sold Price
$545,000
Premium/Discount to List
-$4,000
-0.73%
Current Estimated Value
$708,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,441
Avg. Annual Appreciation
6.81%
Original Mortgage
$270,000
Outstanding Balance
$247,474
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$458,470
Source: Public Records

Range of Values:

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Average Value
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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
Okros Yvette J $545,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Okros Yvette J $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2021 09/02/21 Sold $545,000 -0.7% $349 / Sq Ft
06/18/2021 06/18/21 Pending -- -- --
06/09/2021 06/09/21 For Sale $549,000 -- $352 / 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 $2,672 $345,700 $165,800 $179,900
2023 $2,666 $352,896 $165,800 $187,096
2022 $2,543 $352,896 $165,800 $187,096
2021 $2,543 $352,896 $165,800 $187,096
2020 $2,543 $352,896 $165,800 $187,096
2019 $2,483 $279,200 $154,900 $124,300
2018 $2,429 $279,200 $154,900 $124,300
2017 $2,429 $279,200 $154,900 $124,300
2016 $2,314 $279,200 $154,900 $124,300
2014 $223 $279,200 $154,900 $124,300
Source: Public Records

Agents Affiliated with this Home

  • Michael Davenport

    Seller's Agent in 2021

    Michael Davenport

    Sun Realty - KDH

    (252) 202-6113

    25 in this area

    148 Total Sales

    Section Image
  • Brad Beacham

    Buyer's Agent in 2021

    Brad Beacham

    Landmark Sotheby's International Realty

    (252) 202-6920

    39 in this area

    206 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114844

Outer Banks Association of REALTORS®

APN: 008306001

North Carolina Dare County Kill Devil Hills 27948

400 E Lake Dr, Kill Devil Hills, NC

This home is located at 400 E Lake Dr, Kill Devil Hills, NC 27948 since 09 June 2021 and is currently estimated at $705,944, approximately $452 per square foot. This property was built in 1987. 400 E Lake Dr is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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