NOT LISTED FOR SALE

412 Peter Ln Kill Devil Hills, NC 27948

Estimated Value: $615,000 - $754,000

0.17 Acre
$3,887,594 Price per Acre
7,500 Sq Ft Lot

Last Sold July 01, 2021

Last sale price $132,500

Est. 399% increase in value since last sale

Current estimated payment $3,723/month

120 Days on Market

About This Lot

As of July 2021

Kill Devil Hills westside Location with 7,500 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. (410 Peter Lane is also for sale, MLS # 112261)

Last Agent to Sell the Property

Shane Collins

SERHANT North Carolina LLC License #271508 Listed on: 12/28/2020

Last Buyer's Agent

Natalie Painter

Preserve Realty Co License #291831

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $622

Lot Details

  • 7,500 Sq Ft Lot
  • Property is zoned RL

Community Details

  • Wright's Shores Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$622

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: X Flood Zone on a Cul De Sac
  • L V T Date: 12/28/2020
  • 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

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Estimated Lot Size: 0.17
  • Unit/Lot Number: Lot 125

Tax Info

  • Year: 2020
  • Taxes: 621.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Jun 25, 2021
Sold by
Midtown Development Corporation
Bought by
Bower Jeffrey Lyn and Bower Cynthia H
Seller's Agent
Shane Collins
SERHANT North Carolina LLC
Buyer's Agent
Natalie Painter
Preserve Realty Co
List Price
$137,500
Sold Price
$132,500
Premium/Discount to List
-$5,000
-3.64%
Current Estimated Value
$660,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$528,391
Avg. Annual Appreciation
42.92%
Original Mortgage
$358,875
Outstanding Balance
$326,553
Interest Rate
2.9%
Mortgage Type
Construction
Estimated Equity
$334,338
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bower Jeffrey Lyn $662,500 None Available
Bower Jeffrey Lyn -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bower Jeffrey Lyn $358,875
Closed Bower Jeffrey Lyn $358,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2021 07/01/21 Sold $132,500 -3.6% --
04/27/2021 04/27/21 Pending -- -- --
12/28/2020 12/28/20 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
2025 $3,252 $598,700 $200,600 $398,100
2024 $2,809 $371,800 $86,300 $285,500
2023 $2,809 $371,800 $86,300 $285,500
2022 $2,062 $286,200 $86,300 $199,900
2021 $622 $86,300 $86,300 $0
2020 $622 $86,300 $86,300 $0
2019 $579 $66,600 $66,600 $0
2018 $0 $66,600 $66,600 $0
2017 $567 $66,600 $66,600 $0
2016 $540 $66,600 $66,600 $0
2014 $520 $66,600 $66,600 $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

    52 in this area

    214 Total Sales

    Shane Collins
    Section Image
  • Natalie Painter

    Buyer's Agent in 2021

    Natalie Painter

    Preserve Realty Co

    (252) 256-9535

    28 in this area

    67 Total Sales

    Natalie Painter
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112262

Outer Banks Association of REALTORS®

APN: 002238000

North Carolina Dare County Kill Devil Hills 27948

412 Peter Ln, Kill Devil Hills, NC

Not Listed for Sale

Lots

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.

Nearby Homes