NOT LISTED FOR SALE

406 Peter Ln Kill Devil Hills, NC 27948

Estimated Value: $619,000 - $678,000

0.18 Acre
$3,623,361 Price per Acre
8,000 Sq Ft Lot

Last Sold April 30, 2021

Last sale price $137,500

Est. 374% increase in value since last sale

Current estimated payment $3,887/month

5 Days on Market

About This Lot

As of April 2021

Kill Devil Hills westside Location with 8,000 Square Feet... X Flood Zone...Deeded Beach Parking and a Deeded Sound Access equals a winning combination. With high real estate demand and lots at an all time scarcity this West Side X Flood Zone Lot comes at the perfect time. Located in a Cul de Sac with a two-minute bike ride to Bay Drive and the ever popular Multi Use Path for biking or running all while gazing at Kitty Hawk Bay and its beautiful attributes ! The Sound access for launching your boat is at Dock Street and just beyond the end of fourth street. Even better is a deeded sound front lot just to the north off the end of fourth. This lot and allows you to swim, launch a paddleboard, picnic, sunset gaze or fish with only the owners of Wrights Shores having access. Top that off with a Deeded Wrights Shores beach parking lot located one lot off the beach road on the corner of East Fifth Street. Located in a private setting but also close to Publix, Food Lion, Lowes, and the upcoming Target this is a no brainer. Call me today to discuss your options. (404 Peter Lane is also for sale, MLS #113731)

Last Listed By

Shane Collins

SERHANT North Carolina LLC License #271508 Listed on: 04/06/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $625

Year Built

  • 2022

Lot Details

  • 8,000 Sq Ft Lot
  • Lot includes common area
  • Property is zoned RL

Community Details

  • Wright's Shores Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$625

Year Built

2022

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: From N Croatan Highway, west on Fourth Street... third cul-de-sac on the right
  • Flood Zone: X
  • Headline: Primo West Side KDH X Flood
  • L V T Date: 04/06/2021
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: RL
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 2022

Lot Info

  • Estimated Lot Sq Ft: 8000
  • Lot Description: Adj. To Common Area
  • Estimated Lot Size: 0.18
  • Unit/Lot Number: Lot 128

Tax Info

  • Year: 2020
  • Taxes: 625.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2021
Closed on
Apr 20, 2021
Sold by
Midtown Development Corporation
Bought by
Jennings Donald F
Seller's Agent
Shane Collins
SERHANT North Carolina LLC
Buyer's Agent
Jessica Jennings
Century 21 Nachman Realty
List Price
$137,500
Sold Price
$137,500
Total Days on Market
5
Current Estimated Value
$652,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$514,705
Avg. Annual Appreciation
46.59%

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 Buyer Sale Price Title Company
Jennings Donald F $137,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $137,500 0.0% --
04/11/2021 04/11/21 Pending -- -- --
04/06/2021 04/06/21 For Sale $137,500 -- --
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 $2,838 $375,700 $86,800 $288,900
2023 $1,505 $362,700 $86,800 $275,900
2022 $625 $86,800 $86,800 $0
2021 $625 $86,800 $86,800 $0
2020 $625 $86,800 $86,800 $0
2019 $583 $67,000 $67,000 $0
2018 $0 $67,000 $67,000 $0
2017 $570 $67,000 $67,000 $0
2016 $543 $67,000 $67,000 $0
2014 $523 $67,000 $67,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Shane Collins

    Seller's Agent in 2021

    Shane Collins

    SERHANT North Carolina LLC

    (252) 202-1193

    238 Total Sales

    Shane Collins
    Section Image

  • J

    Buyer's Agent in 2021

    Jessica Jennings

    Century 21 Nachman Realty

    (252) 489-8654

    18 Total Sales

    Jessica Jennings
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113730

Outer Banks Association of REALTORS®

APN: 002238128

North Carolina Dare County Kill Devil Hills 27948

406 Peter Ln, Kill Devil Hills, NC

Homes for Sale in Kill Devil Hills, NC

This home is located at 406 Peter Ln, Kill Devil Hills, NC 27948 since 06 April 2021 and is currently estimated at $652,205. This property was built in 2022. 406 Peter Ln is a home located in Dare County with nearby schools including Nags Head Elementary School, First Flight Middle School, and First Flight 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.
Information is deemed reliable but not guaranteed.

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