NOT LISTED FOR SALE

404 W First St Kill Devil Hills, NC 27948

Estimated Value: $577,000 - $635,000

4 Beds
3 Baths
2,071 Sq Ft
$289/Sq Ft Est. Value

Last Sold August 15, 2022

Last sale price $549,000 $265 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,481/month

35 Days on Market

Highlights

  • Second Refrigerator
  • Traditional Architecture
  • Wood Flooring
  • First Flight Middle School Rated A-
  • Cathedral Ceiling
  • Attic

About This Home

As of August 2022

So many possibilities! Airbnb upstairs AND downstairs, or live in one airbnb the other. Advertised income 40k upstairs/33k downstairs with short term rentals.Located in the established First Flight Village neighborhood with easy access to the beach and sound, grocery stores, shops and restaurants. The spacious upstairs is light and bright! Cathedral ceilings in the main living area, bamboo floors and access to outdoor decks and stairs to fenced in yard. Open kitchen with granite counter tops and tile flooor.3 spacious bedrooms,primary bedroom with ensuite bathroom. 2 others share full bath.Washer and dryer are loacted on main level.Plenty of storage space with 2 hall closets and expansive attic space. Interior door leads downstairs to permitted in-law suite, which is made up of 2 bedrooms, 1 full bath with jetted tub and additional living space with access to outside through separate entrance. Recent improvements: Roof 5/2019, downstairs heat pump 11/2020,upstairs heat pump 2015, new drainfield(moved to front side yard)2021.Brand new carpeting throughout downstairs living area(May 2022).New retaining wall installed in backyard(2021).Storage/work space under house. Fenced in large yard offers plenty of privacy and outdoor living space(with well and sprinkler system).Only a 1/2 a mile to a public beach access and close proximity to the sound with bike path. All in an X Flood Zone.Rental projections in documents.

Last Agent to Sell the Property

Jane Plante

Coldwell Banker Seaside Realty - KDH License #286312 Listed on: 06/09/2022

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Melissa Morgan

Coldwell Banker Seaside Realty - KDH License #199669

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,473

Year Built

  • Built in 1997

Lot Details

  • 9,000 Sq Ft Lot
  • Fenced Yard
  • Sprinkler System

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,071 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Workshop
  • Dryer
  • Attic

Kitchen

  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • First Flt Vill Subdivision

Listing and Financial Details

  • Tax Lot #204

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,473

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Lawn Sprinklers, Storage Shed, Sun Deck, Dry Entry
  • Flood Zone: X
  • Headline: Location and rental potential!
  • Heated Sq Ft: 2071
  • L V T Date: 06/10/2022
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: Res
  • Deed Book Pg Number: 0371
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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, Wall Oven, 2nd Refrigerator
  • Bedrooms: 4
  • Bedroom 4: On Level: Ground
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: All Window Treatments, Attic, Cathedral Ceiling(s), Gas Connection, Ensuite, Pantry, 1st Flr Ensuite
  • Optional Rooms: In-Law Apartment, Workshop

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 736

Lot Info

  • Estimated Lot Sq Ft: 9000
  • Lot Size: 9000 sq.ft.
  • Lot Number: Lot #204
  • Estimated Lot Size: 0.21
  • Deed Book: 1827

Rental Info

  • Est Annual Rental Income: 70000
  • Estimated Rental Performance: 0.1275
  • Annual Cable TV Expense: 713
  • Annual Electric: 1260

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2021
  • Taxes: 2473.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 9, 2022
Sold by
Wilkinson Nancy L
Bought by
Owens Brett A and Owens Amber H
Seller's Agent
Jane Plante
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Melissa Morgan
Coldwell Banker Seaside Realty - KDH
List Price
$625,000
Sold Price
$549,000
Premium/Discount to List
-$76,000
-12.16%
Current Estimated Value
$599,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,224
Avg. Annual Appreciation
2.92%
Original Mortgage
$439,200
Outstanding Balance
$421,618
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$177,606

Purchase Details

Closed on
Mar 4, 2010
Sold by
Wilkinson John M
Bought by
Wilkinson Nancy L and Rountree Nancy H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,100
Interest Rate
4.97%
Mortgage Type
New Conventional
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
Owens Brett A $2,745,000 Liberatore Deboer Pc
Wilkinson Nancy L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Owens Brett A $439,200
Previous Owner Wilkinson Nancy L $120,100
Previous Owner Creamer Nancy L $50,000
Previous Owner Creamer Nancy L $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2022 08/15/22 Sold $549,000 0.0% $265 / Sq Ft
07/14/2022 07/14/22 Pending -- -- --
07/09/2022 07/09/22 Price Changed $549,000 -8.3% $265 / Sq Ft
06/21/2022 06/21/22 Price Changed $599,000 -4.2% $289 / Sq Ft
06/09/2022 06/09/22 For Sale $625,000 -- $302 / 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 $2,594 $343,300 $90,000 $253,300
2023 $2,594 $343,300 $90,000 $253,300
2022 $2,473 $343,300 $90,000 $253,300
2021 $2,473 $343,300 $90,000 $253,300
2020 $2,473 $343,300 $90,000 $253,300
2019 $2,082 $239,300 $71,200 $168,100
2018 $2,036 $239,300 $71,200 $168,100
2017 $2,036 $239,300 $71,200 $168,100
2016 $1,940 $239,300 $71,200 $168,100
2014 $1,869 $239,300 $71,200 $168,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119239

Outer Banks Association of REALTORS®

APN: 003204000