$150,000
SOLD NOV 17, 2017

506 W Avalon Dr Kill Devil Hills, NC 27948

1 Bed
1 Bath
867 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

9% Below List Price

52 Days on Market

Highlights

  • Community Beach Access
  • Patio
  • Outdoor Shower
  • First Flight Middle School Rated A-
  • Bungalow
  • Ceramic Tile Flooring

About This Home

As of August 2020

This classic Avalon bungalow is full of potential! One bedroom, one bath plus flex space and a huge eat-in kitchen. There's a big shed in the backyard for tools and toys. Front and back patios, outdoor shower, and a beautiful little yard complete the outdoor living area. Range and dishwasher were replaced in 2014, new washer dryer installed in 2015, and the windows were replaced earlier this year. This home would make a great year-round residence for a single or couple, affordable 2nd home, or investment (Airbnb!) property.

Last Agent to Sell the Property

Mark Pearson

Real Broker, LLC License #224976

Real Broker, LLC

Last Buyer's Agent

Tommy Bonday

Howard Hanna Outer Banks Realty License #288252

Howard Hanna Outer Banks Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $833

Year Built

  • Built in 1960

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Stucco

Interior Spaces

  • 867 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 168

Community Details

Overview

  • Avalon Beach Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$833

Year Built

Built in 1960

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Directions: From the bypass, head west on Avalon Drive, 506 is about halfway between the bypass and Bay Drive on the right.
  • Extras: Ceiling Fan(s), Outside Shower, Patio, Storage Shed
  • Flood Zone: AE
  • Headline: Bargain Beach Getaway!
  • Heated Sq Ft: 867
  • L V T Date: 08/28/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 0050
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Slab
  • Full Bathrooms: 1
  • Interior Amenities: Dryer Connection

Exterior Features

  • Construction: Block, Frame
  • Exterior: Shakes, Stucco
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Sound Access
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 35

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Level
  • Lot Number: Lot 168
  • Deed Book: 1607

Rental Info

  • Other Expenses: 61300
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 1960

Tax Info

  • Year: 2017
  • Taxes: 833.03

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 28, 2020
Sold by
Polewski Jeffrey J
Bought by
Leon Emily and Leon Christopher A
Seller's Agent
Rande Banks
Rande Banks, Broker
Buyer's Agent
Chelsey Larsen
Keller Williams - Outer Banks
List Price
$180,000
Sold Price
$165,000
Premium/Discount to List
-$15,000
-8.33%
Total Days on Market
52
Current Estimated Value
$304,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$139,309
Avg. Annual Appreciation
13.30%
Original Mortgage
$170,940
Outstanding Balance
$154,089
Interest Rate
2.9%
Mortgage Type
VA
Estimated Equity
$144,114

Purchase Details

Listed on
Aug 27, 2017
Closed on
Nov 17, 2017
Sold by
Harmon Phillip M and Bleier Harmon Erika K
Bought by
Polewski Jeffrey J
Seller's Agent
Mark Pearson
Real Broker, LLC
Buyer's Agent
Tommy Bonday
Howard Hanna Outer Banks Realty
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.49%
Original Mortgage
$49,500
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 4, 2004
Sold by
Bohnoff David D
Bought by
Harmon Phillip M and Bleier Harmon Erika K

Map

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 Type Sale Price Title Company
Warranty Deed $165,000 None Available
Warranty Deed $150,000 None Available
Warranty Deed $190,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $94,800 Credit Line Revolving
Open $170,940 VA
Previous Owner $49,500 New Conventional
Previous Owner $188,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $165,000 -8.3% $190 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $180,000 +20.0% $207 / Sq Ft
11/17/2017 11/17/17 Sold $150,000 -9.0% $173 / Sq Ft
10/18/2017 10/18/17 Pending -- -- --
10/04/2017 10/04/17 For Sale $164,900 0.0% $190 / Sq Ft
09/23/2017 09/23/17 Pending -- -- --
08/27/2017 08/27/17 For Sale $164,900 -- $190 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $1,235 $163,500 $90,000 $73,500
2023 $1,235 $163,500 $90,000 $73,500
2022 $1,178 $163,500 $90,000 $73,500
2021 $1,178 $163,500 $90,000 $73,500
2020 $426 $163,500 $90,000 $73,500
2019 $426 $97,900 $61,300 $36,600
2018 $833 $97,900 $61,300 $36,600
2017 $833 $97,900 $61,300 $36,600
2016 $794 $97,900 $61,300 $36,600
2014 $76 $97,900 $61,300 $36,600
Source: Public Records

Source: Outer Banks Association of REALTORS®

MLS Number: 97600

Outer Banks Association of REALTORS®

APN: 001533000