NOT LISTED FOR SALE

507 W Palmetto St Kill Devil Hills, NC 27948

Kill Devil Hills Area

Estimated Value: $504,000 - $620,000

3 Beds
3 Baths
1,644 Sq Ft
$355/Sq Ft Est. Value

Sale Details

Date Sold: February 25, 2021

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

Est. 62% increase in value since last sale

Current estimated payment $3,472 / mo

1 Day on Market

Highlights

  • Community 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

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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

  • Community Boat Dock
  • Community Boardwalk
  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$552

Year Built

Built in 2020

Lot Details

7,850 Sq Ft Lot

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2020
Closed on
Feb 24, 2021
Sold by
Obx Cottages Llc
Bought by
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%
Current Estimated Value
$582,925

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$222,925
Avg. Annual Appreciation
9.11%
Original Mortgage
$324,000
Outstanding Balance
$284,443
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$298,482
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Kill Devil Hills, NC

  • Trisha Midgett Real Estate Agent - Midgett Realty - Rodanthe

    Trisha Midgett

    Responds Quickly

    Midgett Realty - Rodanthe

    (252) 650-8051

    1,059 Total Sales

    42 in Kill Devil Hills

    $140K - $1.4M Price Range

    Trisha Midgett
     Section Image
  • Melissa Morgan Real Estate Agent - Landmark Sotheby's Internation

    Melissa Morgan

    Landmark Sotheby's Internation

    (252) 421-6771

    58 Total Sales

    15 in Kill Devil Hills

    $159K - $625K Price Range

    Melissa Morgan
     Section Image
  • Nikki Johnson-Pyle Real Estate Agent - Own Real Estate Of NC, LLC

    Nikki Johnson-Pyle

    Responds Quickly

    Own Real Estate Of NC, LLC

    (757) 767-7801

    296 Total Sales

    2 in Kill Devil Hills

    $320K - $490K Price Range

    Nikki Johnson-Pyle
     Section Image
  • Ashley Ladd Real Estate Agent - Twiddy and Co. - Duck

    Ashley Ladd

    Twiddy and Co. - Duck

    (984) 833-2316

    19 Total Sales

    2 in Kill Devil Hills

    $704K - $900K Price Range

    Ashley Ladd
     Section Image
  • Travis Old Real Estate Agent - Horizon Real Estate Group

    Travis Old

    Horizon Real Estate Group

    (252) 421-5180

    32 Total Sales

    1 in Kill Devil Hills

    $285,000 Price

    Travis Old
     Section Image
  • Lynn Bulman Real Estate Agent - Howard Hanna Outer Banks Realty

    Lynn Bulman

    Howard Hanna Outer Banks Realty

    (252) 404-8028

    282 Total Sales

    14 in Kill Devil Hills

    $390K - $1.2M Price Range

    Lynn Bulman
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,800,000 None Listed On Document
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,077 $554,100 $253,300 $300,800
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

  • MK

    Seller's Agent in 2021

    Michael Kirk

    OBX Cottages, LLC

    (252) 207-5475

    26 Total Sales

    Michael Kirk
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109819

Outer Banks Association of REALTORS®

APN: 000727003

North Carolina Dare County Kill Devil Hills 27948

507 W Palmetto St, Kill Devil Hills, NC

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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