NOT LISTED FOR SALE

508 Copley Dr Kill Devil Hills, NC 27948

Estimated Value: $444,000 - $612,000

5 Beds
2 Baths
1,872 Sq Ft
$280/Sq Ft Est. Value

Last Sold December 16, 2022

Last sale price $455,000 $243 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,961/month

23 Days on Market

Highlights

  • Second Refrigerator
  • Engineered Wood Flooring
  • Covered Deck
  • Beach Box Architecture
  • Fenced Yard
  • Outdoor Shower

About This Home

As of December 2022

Kill Devil Hills westside home with tons of potential! 5 bedrooms. X Flood Zone. This lovely home has been updated and is in good condition. The top floor has a bright and open floor plan with bamboo floors, updated bathroom and kitchen, 3 nice bedrooms, fresh paint and nice accents. Downstairs is separate space with an open living area, kitchenette, 2 additional bedrooms and 1 full bathroom. There is a large laundry - storage area downstairs that accesses the fenced in back yard as well. The downstairs can be opened up to the main level of the home or closed off as it's own space. This creates flexibility to have additional living area or as a rental opportunity. The current owners have utilized the space as a successful Airbnb for the past 9 years. There are 2 wonderful covered porch areas for relaxing that are perfect for that morning cup of coffee or a relaxing summer afternoon! Property is in an X flood zone with over 12' elevation on the ground level. Per the seller, the home has never flooded. No septic tanks in this neighborhood, the home is connected to a central sewage system. This is a great location that is close to everything in Kill Devil Hills from restaurants, to shopping and your favorite public beach access. Also, Nags Head Woods nature conservancy is just down the road! Come see this fantastic property!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's Internation License #194377 Listed on: 10/04/2022

Landmark Sotheby's Internation

Last Buyer's Agent

Madonna VanCuren

Coldwell Banker Seaside Realty - KDH License #136061

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,336

Year Built

  • Built in 1976

Lot Details

  • Fenced Yard
  • Level Lot
  • Property is zoned RL

Home Design

  • Beach Box Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,872 Sq Ft Home
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Laminate Countertops

Flooring

  • Engineered Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Community Details

  • Ocean Acres Tract 3 Subdivision

Listing and Financial Details

  • Legal Lot and Block 14 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,336

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: From Hwy 158, turn west on Ocean Acres Dr. About .5 mile down, turn left on Copley. House on the left
  • Extras: Covered Decks, Fenced Yard, Outside Shower
  • Flood Zone: X
  • Headline: 5 Bedroom home!
  • Heated Sq Ft: 1872
  • L V T Date: 10/04/2022
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Tract: 3
  • Zoning: RL
  • Deed Book Pg Number: 0085
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Engineered Wood, Vinyl Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Interior Amenities: All Window Treatments, Dryer Connection, Washer Connection

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 14
  • Deed Book: 1879

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2022
  • Taxes: 2336

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2022
Closed on
Dec 5, 2022
Sold by
Johnson Bethany Joy & Andrew Z
Bought by
Moss Michael D and Moss Connie E
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$485,000
Sold Price
$455,000
Premium/Discount to List
-$30,000
-6.19%
Current Estimated Value
$523,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,856
Avg. Annual Appreciation
4.68%
Original Mortgage
$361,212
Outstanding Balance
$350,011
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$173,845

Purchase Details

Closed on
Jun 8, 2011
Sold by
Federal Home Loan Mortgage Corpporation
Bought by
Johnson Bethany Joy and Johnson Andrew Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 24, 2011
Sold by
Kang Eunchong and Kang Sung W
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 4, 2006
Sold by
Johnson Phyllis
Bought by
Kang Sung and Kang Eunchong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,300
Interest Rate
6.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Moss Michael D $455,000 --
Moss Michael D $455,000 None Listed On Document
Johnson Bethany Joy -- None Available
Federal Home Loan Mortgage Corporation $172,988 None Available
Kang Sung $247,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moss Michael D $361,212
Closed Moss Michael D $361,212
Previous Owner Johnson Bethany Joy $164,000
Previous Owner Kang Sung $222,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2022 12/16/22 Sold $455,000 0.0% $243 / Sq Ft
10/27/2022 10/27/22 Pending -- -- --
10/24/2022 10/24/22 Price Changed $455,000 -3.0% $243 / Sq Ft
10/10/2022 10/10/22 Price Changed $469,000 -3.3% $251 / Sq Ft
10/04/2022 10/04/22 For Sale $485,000 -- $259 / 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 $2,660 $489,700 $159,800 $329,900
2024 $2,362 $312,700 $88,800 $223,900
2023 $2,441 $323,156 $88,800 $234,356
2022 $2,328 $323,156 $88,800 $234,356
2021 $2,336 $323,156 $88,800 $234,356
2020 $2,318 $321,656 $88,800 $232,856
2019 $1,584 $176,300 $61,500 $114,800
2018 $1,554 $176,300 $61,500 $114,800
2017 $1,554 $176,300 $61,500 $114,800
2016 $1,476 $176,300 $61,500 $114,800
2014 $1,377 $176,300 $61,500 $114,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120490

Outer Banks Association of REALTORS®

APN: 005035000