$124,000
SOLD NOV 29, 2018

403 W Chowan St Kill Devil Hills, NC 27948

2 Beds
1 Bath
600 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$207 Per Sq Ft

4% Above List Price

20 Days on Market

Highlights

  • Beach Box Architecture
  • Sun Deck
  • Heat Pump System
  • First Flight Middle School Rated A-
  • Level Lot

About This Home

As of May 2020

This property is priced for the condition of the home. It is a project home in need of a new roof, MOLD remediation, and updates throughout. The deck is on the front and one side of the house. There is a built in bench on the side deck. The ground level has an outside shower, storage room and a bonus room. The home is located in an "X" flood zone. This property is sold AS IS, Where IS. “This property has been placed in an upcoming event. All bids should be submitted at www.xome.com/auctions (void where prohibited). Please submit any pre-auction offer received through the property details page on Xome.com. Any post-auction offers will need to be submitted directly to the listing agent. All offers will be reviewed and responded to within 3 business days. All properties are subject to a 5% buyer’s premium pursuant to the Auction Participation Agreement and Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. Auctioneer William Hayward, NCAL # 9917; Xome Inc., NCFL # 9666.” Bidding event start date is 11/10/18.

Last Agent to Sell the Property

Wayne Strickland

Stellar Properties License #190095 Listed on: 10/27/2018

Co-Listed By

Laura Strickland

Stellar Properties License #264696

Last Buyer's Agent

Joanne Kepler

Beach Realty & Construction- Corolla License #190335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,180

Year Built

  • Built in 1982

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

Home Design

  • 600 Sq Ft Home
  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Siding
  • Piling Construction
  • Vinyl Construction Material

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Sun Deck

Utilities

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

Community Details

  • Va Dare Shores Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot # 19-20

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,180

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Bank Owned: Yes
  • Extras: Sun Deck, Outside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Virginia Dare Shores
  • Headline: Project HOUSE
  • Heated Sq Ft: 600
  • L V T Date: 10/27/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Resident
  • Deed Book Pg Number: 0101
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C22927
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 2
  • Foundation: Piling
  • Full Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Level
  • Lot Number: Lot # 19-20
  • Estimated Lot Size: 0.11
  • Deed Book: 1621

Rental Info

  • Other Expenses: 77900

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2018
  • Taxes: 1180

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
May 19, 2020
Sold by
Mercer Ben and Mercer Valerie
Bought by
Kuhar Christina
Seller's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$279,900
Sold Price
$275,000
Premium/Discount to List
-$4,900
-1.75%
Current Estimated Value
$466,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,140
Avg. Annual Appreciation
10.80%
Original Mortgage
$247,500
Outstanding Balance
$222,177
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$246,059

Purchase Details

Listed on
Oct 27, 2018
Closed on
Nov 21, 2018
Sold by
Nationstar Mortgage Llc
Bought by
Mercer Ben
Seller's Agent
Wayne Strickland
Stellar Properties
Buyer's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
List Price
$119,500
Sold Price
$124,000
Premium/Discount to List
$4,500
3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
71.91%

Purchase Details

Closed on
Sep 5, 2018
Sold by
Sudstitute Trustee Svc
Bought by
Capitol Fsb

Purchase Details

Closed on
Apr 14, 2005
Sold by
Skinner Ralph D
Bought by
Abbott Terry Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 20, 2005
Sold by
Skinner Lynette V
Bought by
Skinner Ralph Donald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $275,000 None Available
Warranty Deed $130,500 --
Deed $100,000 --
Warranty Deed $200,000 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $100,000 Credit Line Revolving
Open $247,500 New Conventional
Previous Owner $160,000 Adjustable Rate Mortgage/ARM
Previous Owner $40,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2020 05/20/20 Sold $275,000 -1.8% $239 / Sq Ft
04/17/2020 04/17/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $279,900 +125.7% $243 / Sq Ft
11/29/2018 11/29/18 Sold $124,000 +3.8% $207 / Sq Ft
11/16/2018 11/16/18 Pending -- -- --
10/27/2018 10/27/18 For Sale $119,500 -- $199 / 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 $2,046 $263,800 $87,000 $176,800
2023 $2,046 $270,872 $87,000 $183,872
2022 $1,952 $270,872 $87,000 $183,872
2021 $1,952 $270,872 $87,000 $183,872
2020 $1,076 $149,400 $87,000 $62,400
2019 $1,204 $134,400 $77,900 $56,500
2018 $1,180 $134,400 $77,900 $56,500
2017 $1,144 $134,400 $77,900 $56,500
2016 $1,090 $134,400 $77,900 $56,500
2014 $1,050 $134,400 $77,900 $56,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102485

Outer Banks Association of REALTORS®

APN: 026666000