NOT LISTED FOR SALE

501 W Walker St Kill Devil Hills, NC 27948

Estimated Value: $543,781 - $579,000

2 Beds
2.5 Baths
1,470 Sq Ft
$382/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $450,000 $306 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,168/month

57 Days on Market

Highlights

  • Coastal Architecture
  • Cathedral Ceiling
  • Game Room
  • First Flight Middle School Rated A-
  • Granite Countertops
  • Fenced Yard

About This Home

As of November 2021

Don't let the 2 bedrooms deceive you - there is lots of room in this house and the lower level could serve as private suite with full bath and separate entrance - and it has interior stairs to second level. A must-see custom-built home with luxury finishes! New LVT flooring throughout, granite counter tops in kitchen and both baths, 380sf of living area on the ground level with wetbar, full bath and extra space for an office, bedroom, or rec room. This is one of the most sought-after areas of Kill Devil Hills. From your driveway to the beach is only ½ mile! 1 block in the other direction and you are walking or biking along Bay Drive directly on the sound. Classic OBX style home is the perfect size for easy living at the beach and features detailed designer touches in every room. Adjacent to the home is a mature treed “paper lot” that cannot be built-on giving you privacy that most homes here cannot offer. Gorgeous custom maple wood cabinetry with a separate coffee bar and granite countertops sets this home apart. The main floor features an open plan with cathedral ceilings in the living, dining room kitchen and master. Two-bedroom closets feature custom built-ins maximizing space and storage area. The laundry room, located on the main level off of the half-bath, has custom built in cabinetry and 2-year old front loading washer and dryer. On ground level enter the home through a dry entry leading to a bonus room, perfect space to be used as. Under the carport entertainment area allows space to host large parties and is equipped with a large built-in granite bar, and an outdoor shower to rinse off from your beach trips. Fully fenced in yard is ideal for pets and has a cozy raised deck area to enjoy the sunshine. A newly added side entry door makes it convenient and easy to enter the yard from the ground level.

Last Agent to Sell the Property

Rick Drumm

Beach Realty & Construction License #141499 Listed on: 08/12/2021

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's Internation License #194377

Landmark Sotheby's Internation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,059

Year Built

  • Built in 2007

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Fenced Yard
  • Level Lot

Home Design

  • Coastal Architecture
  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,470 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Game Room
  • Fire and Smoke Detector

Kitchen

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Private or Community Septic Tank

Community Details

  • Va Dare Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 19 & 20 / 72

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,059

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Coastal
  • Directions: Walker Street bisects 158 and Bay Drive - so you can access this home from either direction.
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Virginia Dare Shores
  • Headline: Great Neighborhood!
  • Heated Sq Ft: 1470
  • L V T Date: 08/12/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: SFR
  • Deed Book Pg Number: 709
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 2
  • Countertops: Granite, Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection, Wet Bar, Electric Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Level
  • Lot Size: 50x100
  • Lot Number: Lot 19 & 20
  • Estimated Lot Size: 0.11
  • Deed Book: 2451

Building Info

  • Year Built: 2007

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2020
  • Taxes: 2059

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2021
Closed on
Nov 19, 2021
Sold by
Dix Robert Barley and Mccormick Agnes Marie
Bought by
Elmendorf Matthew J and Elmendorf Kerry A
Seller's Agent
Rick Drumm
Beach Realty & Construction
Buyer's Agent
Brad Beacham
Landmark Sotheby's Internation
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%
Current Estimated Value
$561,260

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$111,260
Avg. Annual Appreciation
5.54%
Original Mortgage
$337,500
Outstanding Balance
$309,260
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$252,000

Purchase Details

Listed on
Sep 18, 2020
Closed on
Dec 22, 2020
Sold by
Konrad Nikkea E and Konrad Michael
Bought by
Dix Robert Barley and Mccormick Agnes Marie
Seller's Agent
Lisa Chisholm
Scotch Bonnet Realty
Buyer's Agent
Lisa Chisholm
Scotch Bonnet Realty
List Price
$385,000
Sold Price
$377,000
Premium/Discount to List
-$8,000
-2.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.47%
Original Mortgage
$263,900
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2007
Sold by
Rc Miller Group Llc
Bought by
White Nikkea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
0.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elmendorf Matthew J $450,000 None Available
Elmendorf Matthew J $2,700,000 None Listed On Document
Dix Robert Barley $377,000 None Available
White Nikkea E $117,000 Chicago Title Insurence Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elmendorf Matthew J $337,500
Closed Elmendorf Matthew J $337,500
Previous Owner Dix Robert Barley $263,900
Previous Owner White Nikkea E $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/19/2021 11/19/21 Sold $450,000 +0.2% $306 / Sq Ft
10/08/2021 10/08/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $449,000 0.0% $305 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
08/12/2021 08/12/21 For Sale $449,000 +19.1% $305 / Sq Ft
12/21/2020 12/21/20 Sold $377,000 -2.1% $257 / Sq Ft View Prior Sale
11/06/2020 11/06/20 Pending -- -- --
11/04/2020 11/04/20 For Sale $385,000 0.0% $263 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/15/2020 10/15/20 For Sale $385,000 0.0% $263 / Sq Ft
10/15/2020 10/15/20 Price Changed $385,000 -2.5% $263 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $395,000 -- $269 / 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 $2,843 $523,400 $221,100 $302,300
2024 $2,328 $308,200 $87,000 $221,200
2023 $2,328 $308,200 $87,000 $221,200
2022 $2,221 $308,200 $87,000 $221,200
2021 $2,060 $285,900 $87,000 $198,900
2020 $2,060 $285,900 $87,000 $198,900
2019 $1,953 $224,500 $77,900 $146,600
2018 $1,910 $224,500 $77,900 $146,600
2017 $1,910 $224,500 $77,900 $146,600
2016 $1,820 $224,500 $77,900 $146,600
2014 $1,753 $224,500 $77,900 $146,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115680

Outer Banks Association of REALTORS®

APN: 000724019