NOT LISTED FOR SALE

507 W Palmetto St Kill Devil Hills, NC 27948

Estimated Value: $595,000 - $670,000

3 Beds
3 Baths
1,644 Sq Ft
$380/Sq Ft Est. Value

Last Sold February 25, 2021

Last sale price $360,000 $219 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $3,736/month

1 Day on Market

Highlights

  • Boat Dock
  • Cathedral Ceiling
  • Community Playground
  • First Flight Middle School Rated A-
  • Wood Flooring
  • Park

About This Home

As of February 2021

BRAND NEW CONSTRUCTION FOR STARTING JULY 2020 FOR $350,000!! COMPLETION DATE FIRST WEEK OF DECEMBER 2020! MODERN FLOOR PLAN WITH FULL LIVING ROOM AREAS UPSTAIRS AND DOWN! TOP FLOOR HAS A FRONT COVERED PORCH AND A REAR SUN DECK. THE MAIN LIVING AREA INCLUDES HAND FINISHED HARDWOOD FLOORS. THE KITCHEN HAS QUARTZ COUNTERTOPS AND STYLISH CABINETS. MASTER BEDROOM INCLUDES MASTER BATH WITH TILE SHOWER. THIS HOME HAS A LONG DRIVEWAY AND IS ON A FLAG LOT WHICH BACKS UP TO A PAPER STREET FOR ADDITIONAL PRIVACY. ENJOY ALL THE NEIGHBORHOOD AMENITIES WITHOUT THE HOA FEES! AMENITIES INCLUDE THE DOCK STREET BOAT RAMP, HAYMAN PIER AND GAZEBO, HAYMAN PARK, AND THE BAY DRIVE MULTI-USE PATH

Last Agent to Sell the Property

Michael Kirk

OBX Cottages, LLC License #191040 Listed on: 06/22/2020

Last Buyer's Agent

Michael Kirk

OBX Cottages, LLC License #191040 Listed on: 06/22/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $552

Year Built

  • Built in 2020

Lot Details

  • 7,850 Sq Ft Lot
  • Level Lot
  • Property is zoned Res.

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 1,644 Sq Ft Home
  • Cathedral Ceiling

Kitchen

  • Built-In Range
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Utilities

  • Zoned Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 14R / 75

Community Details

Overview

  • Va Dare Shores Subdivision

Recreation

  • Boat Dock
  • Community Boardwalk
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$552

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: West on Palmetto. House on the left with long Driveway
  • Flood Zone: AE
  • Headline: TO BE BUILT!
  • Heated Sq Ft: 1644
  • L V T Date: 06/23/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res.
  • Deed Book Pg Number: 0272
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26424
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Refrigerator w/Ice Maker
  • Bedrooms: 3
  • Countertops: Silestone
  • Floor Coverings: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ensuite

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Park, Playground, Sound Access, Board Walk

Lot Info

  • Estimated Lot Sq Ft: 7850
  • Lot Description: Level
  • Lot Number: Lot 14R
  • Estimated Lot Size: 0.18
  • Deed Book: 2060

Building Info

  • Year Built: 2020

Tax Info

  • Year: 2019
  • Taxes: 552.23

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Feb 24, 2021
Sold by
Box Cottages Llc
Bought by
Boyles Austin R and Boyles Star A
Seller's Agent
Michael Kirk
OBX Cottages, LLC
Buyer's Agent
Michael Kirk
OBX Cottages, LLC
List Price
$350,000
Sold Price
$360,000
Premium/Discount to List
$10,000
2.86%
Total Days on Market
1
Current Estimated Value
$624,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$264,904
Avg. Annual Appreciation
13.82%
Original Mortgage
$324,000
Outstanding Balance
$293,724
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$331,980
Source: Public Records

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Range of Values:

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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
Boyles Austin R $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boyles Austin R $324,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2021 02/25/21 Sold $360,000 0.0% $219 / Sq Ft
09/08/2020 09/08/20 Price Changed $360,000 +2.9% $219 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
06/22/2020 06/22/20 For Sale $350,000 -- $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 $2,733 $350,700 $99,700 $251,000
2023 $2,725 $360,740 $99,700 $261,040
2022 $2,035 $357,728 $99,700 $258,028
2021 $2,035 $282,428 $99,700 $182,728
2020 $468 $99,700 $99,700 $0
2019 $282 $64,900 $64,900 $0
2018 $276 $32,400 $32,400 $0
2017 $169 $19,900 $19,900 $0
2016 $161 $19,900 $19,900 $0
2014 $155 $19,900 $19,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109819

Outer Banks Association of REALTORS®

APN: 000727003