NOT LISTED FOR SALE

414 Wallace St Kill Devil Hills, NC 27948

Estimated Value: $471,229 - $514,000

3 Beds
2 Baths
1,232 Sq Ft
$396/Sq Ft Est. Value

Last Sold October 21, 2022

Last sale price $433,000 $351 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,766/month

27 Days on Market

Highlights

  • Rooftop Deck
  • Saltbox Architecture
  • Sun or Florida Room
  • First Flight Middle School Rated A-
  • Cathedral Ceiling
  • Furnished

About This Home

As of October 2022

Great neighborhood and a short walk to the Bay! This soundside charmer offers a bright, open living design and sits three lots off of Kitty Hawk Bay. Majestic sunsets appear almost every evening. If you are active, the Bay Dr. walking/jogging & biking trail is close and ideal. Orville Beach West is a wonderful place to reside. The mature landscaping with lovely Crape Myrtles, Maritime Pines and a Magnolia tree adorn this well shaded yard. Relax under a south facing covered porch, sun bath on the rooftop deck or sip your morning coffee out back while watching the many variety of birds visiting each day. There is a place for everyone to enjoy, including a large workshop/utility & storage room located ground level. The enclosed sun room is a versatile space... add some plants, your easel and let your talents shine. The kitchen features a big pantry, breakfast bar and will make entertaining a breeze. One bedroom is on the main level, features beautiful Oak floors, a full bath and currently set up as a den w/ sleeper sofa. Two more spacious bedrooms are upstairs, share a Jack & Jill bath, and offer a bird's eye view overlooking the living & dining quarters. Furniture & furnishings are conveniently included, enjoy the home now or start generating income right away! New HVAC system & water heater in 2020, the septic field was replaced in 2008. Washer & Dryer are newer, plus a large wash tub sink in the laundry area. Conveniently located to ocean, sound and the many fine restaurants nearby. Bike to The Wright Brother's Memorial or launch your boat at the public access, just down the road. This location is one of the best on the beach! Seller notes that windows & siding are original and property is offered in current condition. Please inquire about special financing. Excellent opportunity to live in a wonderful neighborhood!

Last Agent to Sell the Property

Richard Tolson

RT Realty OBX, LLC License #119826 Listed on: 08/11/2022

Last Buyer's Agent

Raju Uppalapati

Outer Banks Realty Group License #187530

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,997

Year Built

  • Built in 1986

Lot Details

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

Home Design

  • Saltbox Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,232 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Workshop
  • Sun or Florida Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Rooftop Deck
  • Covered Deck

Utilities

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

Community Details

  • Orville Beach W Subdivision

Listing and Financial Details

  • Tax Lot 144

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,997

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Saltbox
  • Directions: Wallace St is one block N of Helga St, home is one lot off of Bay Drive
  • Extras: Ceiling Fan(s), Covered Decks, Outside Shower, Sun Deck, Roof Top Deck, Outside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Orville Beach West
  • Headline: Price Reduced! Sound Access!
  • Heated Sq Ft: 1232
  • L V T Date: 08/11/2022
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 136
  • Zoning: RL
  • Deed Book Pg Number: 706
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C32138
  • 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: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Pantry
  • Optional Rooms: Sun/Florida Room, Workshop

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 62

Garage/Parking

  • Garage: Carport

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Level
  • Lot Faces: S
  • Lot Number: Lot 144
  • Estimated Lot Size: 0.17
  • Deed Book: 733

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2022
  • Taxes: 1997

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
Oct 3, 2022
Sold by
Froehlich Gail O and Froehlich Todd
Bought by
Inzalaco Louis and Inzalaco Michelle
Seller's Agent
Richard Tolson
RT Realty OBX, LLC
Buyer's Agent
Raju Uppalapati
Outer Banks Realty Group
List Price
$496,000
Sold Price
$433,000
Premium/Discount to List
-$63,000
-12.7%
Current Estimated Value
$488,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,057
Avg. Annual Appreciation
3.84%
Original Mortgage
$303,100
Outstanding Balance
$290,999
Interest Rate
5.89%
Mortgage Type
New Conventional
Estimated Equity
$197,058
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
Inzalaco Louis $2,165,000 --
Inzalaco Louis $2,165,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Inzalaco Louis $303,100
Closed Inzalaco Louis $303,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/21/2022 10/21/22 Sold $433,000 -3.6% $351 / Sq Ft
09/07/2022 09/07/22 Pending -- -- --
09/03/2022 09/03/22 Price Changed $449,000 -4.4% $364 / Sq Ft
08/22/2022 08/22/22 Price Changed $469,900 -5.3% $381 / Sq Ft
08/11/2022 08/11/22 For Sale $496,000 -- $403 / 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 $2,505 $461,100 $232,300 $228,800
2024 $2,094 $277,200 $94,500 $182,700
2023 $2,094 $277,200 $94,500 $182,700
2022 $1,997 $277,200 $94,500 $182,700
2021 $1,997 $277,200 $94,500 $182,700
2020 $1,997 $277,200 $94,500 $182,700
2019 $1,634 $187,800 $69,100 $118,700
2018 $1,598 $187,800 $69,100 $118,700
2017 $1,598 $187,800 $69,100 $118,700
2016 $1,523 $187,800 $69,100 $118,700
2014 $1,467 $187,800 $69,100 $118,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120031

Outer Banks Association of REALTORS®

APN: 000241000