NOT LISTED FOR SALE

401 Wallace St Kill Devil Hills, NC 27948

Estimated Value: $436,000 - $1,895,000

3 Beds
2 Baths
1,012 Sq Ft
$823/Sq Ft Est. Value

Last Sold August 04, 2023

Last sale price $520,000 $514 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,612/month

11 Days on Market

Highlights

  • Ocean View
  • Rooftop Deck
  • Cathedral Ceiling
  • First Flight Middle School Rated A-
  • Beach Box Architecture
  • Corner Lot

About This Home

As of August 2023

Charming beach cottage that has been meticulously maintained and used only as a second home since owners purchased and renovated. Home features a spacious great room with vaulted ceilings, kitchen with granite, ceramic tile in kitchen and baths. Amazing outdoor space with decks, including a crow's nest for spectacular views, or relax under the house with built-in benches, swing, or rest and enjoy the breezes in the hammock. The yard is picture perfect with sod, beautiful landscaping and irrigation system. There is a large, and cute storage building in the back yard for the extra things, or a workshop. This location is wonderful, home sits high and dry on a corner lot. Hop on your bike or stroll down one block to Bay Drive and enjoy the walking path and take in the beautiful sunsets daily. If you love the ocean, you're just a 2 minute drive to many beach accesses with parking. Conveniently located to restaurants and shopping too!! A Must See Outer Banks Cottage!! One of Sellers is a licensed Real Estate Agent.

Last Agent to Sell the Property

Cindy Edwards

Century 21 Nachman Realty License #187351 Listed on: 06/22/2023

Century 21 Nachman Realty

Last Buyer's Agent

Mary Riddick

Keller Williams - Outer Banks License #282059

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,721

Year Built

  • Built in 1979

Lot Details

  • 8,000 Sq Ft Lot
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Property is zoned RL

Parking

  • Paved Parking

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 1,012 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Electric Fireplace
  • Workshop
  • Utility Room

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Rooftop Deck
  • Patio
  • Storage Shed

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 174

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,721

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: From 158, West on Helga, take 2nd right on Lee. At stop sign, home is on the left corner.
  • Extras: Landscaped, Lawn Sprinklers, Outside Shower, Patio, Storage Shed, Sun Deck, Roof Top Deck, Outside Laundry Room
  • Flood Zone: X
  • Headline: Immaculate Beach Cottage
  • Heated Sq Ft: 1012
  • L V T Date: 06/22/2023
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RL
  • Deed Book Pg Number: 304
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C19525
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Washer Connection, Electric Fireplace
  • Optional Rooms: Utility Room, Workshop

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 8000
  • Lot Description: Corner
  • Lot Number: Lot 174
  • Estimated Lot Size: 0.18
  • Deed Book: 1831

Building Info

  • Year Built: 1979

Tax Info

  • Year: 2022
  • Taxes: 1721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2010
Sold by
Jicha Keith Lewis and Jicha Sandra Lee
Bought by
Walls Gary L and Walls Beth M
Current Estimated Value
$832,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Outstanding Balance
$111,124
Interest Rate
4.94%
Mortgage Type
New Conventional
Estimated Equity
$721,793
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Walls Gary L $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walls Gary L $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2023 08/04/23 Sold $520,000 -1.0% $514 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/22/2023 06/22/23 For Sale $525,000 -- $519 / 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 $2,981 $548,800 $236,000 $312,800
2024 $1,804 $238,800 $96,000 $142,800
2023 $956 $238,800 $96,000 $142,800
2022 $1,721 $238,800 $96,000 $142,800
2021 $1,721 $238,800 $96,000 $142,800
2020 $1,721 $238,800 $96,000 $142,800
2019 $1,321 $151,800 $70,200 $81,600
2018 $1,292 $151,800 $70,200 $81,600
2017 $1,292 $151,800 $70,200 $81,600
2016 $1,231 $151,800 $70,200 $81,600
2014 $1,176 $150,600 $70,200 $80,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122588

Outer Banks Association of REALTORS®

APN: 000260000