NOT LISTED FOR SALE

502 W First St Kill Devil Hills, NC 27948

Estimated Value: $441,000 - $516,000

3 Beds
2 Baths
1,104 Sq Ft
$426/Sq Ft Est. Value

Last Sold September 05, 2012

Last sale price $228,000 $207 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $2,805/month

8 Days on Market

Highlights

  • Beach Box Architecture
  • Cathedral Ceiling
  • Fenced Yard
  • First Flight Middle School Rated A-
  • Workshop
  • Garage

About This Home

As of September 2012

Olin Finch home centrally located in Kill Devil Hills near bike paths, parks, sound side boat ramp, sound access and parks and shopping. Home is in a x flood zone no flood insurance required. Present owners do have a policy in place for $343.00 a year. Many upgrades including Exterior paint 2009, Fence, Landscaping, Front door, New Anderson windows, new HVAC in 2011, new fixtures, interior paint, gutters, master bath 2012, and new hot water heater in 2009. Pest contract in place and transferable to new owner for $80.00 per year. Large garage workshop and utility room not included in square footage. Opportunity for Expansion. Interior stairs to both ground level and attic.

Last Listed By

John Register

Village Realty Holdings, LLC - NH License #205384 Listed on: 07/09/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,239

Year Built

  • Built in 1994

Lot Details

  • 8,250 Sq Ft Lot
  • Lot Dimensions are 75x110
  • Fenced Yard
  • Landscaped
  • Level Lot

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,104 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Workshop
  • Utility Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Built by Olin Finch
  • First Flt Vill Subdivision

Listing and Financial Details

  • Tax Lot 292

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,239

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: 158 to First street turn west at Put-Put. Home is on right after you pass Village Lane
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Landscaped, Smoke Detector(s), Sun Deck
  • Flood Zone: X
  • Subdivision Name: First Flight Village Sec 2
  • Headline: Well Maintained good location
  • Heated Sq Ft: 1104
  • Primary Residence: Yes
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: R
  • Deed Book Pg Number: 0040
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection
  • Optional Rooms: Utility Room, Workshop

Exterior Features

  • Homebuilder: Olin Finch
  • Construction: Frame, Wood
  • Exterior: Sheet Siding, Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75

Garage/Parking

  • Garage: 1 Car, Attached

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 8250
  • Lot Description: Level
  • Lot Faces: s
  • Lot Size: 75x110
  • Lot Number: Lot 292
  • Deed Book: 1802

Building Info

  • Year Built: 1994

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 1238.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2012
Closed on
Aug 23, 2012
Sold by
Boutin Brian P and Boutin Amy M
Bought by
Gimbel Kelly D
Seller's Agent
John Register
Village Realty Holdings, LLC - NH
Buyer's Agent
Nancy Kretz
Default, Office
List Price
$234,900
Sold Price
$228,000
Premium/Discount to List
-$6,900
-2.94%
Total Days on Market
8
Current Estimated Value
$470,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$242,618
Avg. Annual Appreciation
5.86%
Original Mortgage
$182,400
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2009
Sold by
Gerhardt Chris and Gerhardt Emily
Bought by
Boutin Brian P and Boutin Amy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,224
Interest Rate
4.81%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 16, 2006
Sold by
Lamb Barbara
Bought by
Gerhardt Chris and Gerhardt Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,600
Interest Rate
6.05%
Mortgage Type
Stand Alone Second

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
Gimbel Kelly D $227,500 None Available
Boutin Brian P $207,000 None Available
Gerhardt Chris $258,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gimbel Kelly D $151,500
Closed Gimbel Kelly D $30,000
Closed Gimbel Kelly D $182,400
Previous Owner Boutin Brian P $211,224
Previous Owner Gerhardt Christopher Lawrence $51,600
Previous Owner Gerhardt Chris $51,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2012 09/05/12 Sold $228,000 -2.9% $207 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $234,900 -- $213 / 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 $2,040 $270,000 $89,000 $181,000
2023 $2,040 $270,000 $89,000 $181,000
2022 $1,945 $270,000 $89,000 $181,000
2021 $1,945 $270,000 $89,000 $181,000
2020 $1,926 $267,300 $89,000 $178,300
2019 $1,650 $189,700 $70,400 $119,300
2018 $1,614 $189,700 $70,400 $119,300
2017 $1,614 $189,700 $70,400 $119,300
2016 $1,538 $189,700 $70,400 $119,300
2014 $1,481 $189,700 $70,400 $119,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75498

Outer Banks Association of REALTORS®

APN: 003259000