NOT LISTED FOR SALE

534 W Palmetto St Kill Devil Hills, NC 27948

Estimated Value: $656,905 - $719,000

3 Beds
2.5 Baths
1,740 Sq Ft
$400/Sq Ft Est. Value

Last Sold April 30, 2019

Last sale price $375,000 $216 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,924/month

6 Days on Market

Highlights

  • Views of a Sound
  • Coastal Architecture
  • Wood Flooring
  • First Flight Middle School Rated A-
  • Cathedral Ceiling
  • Game Room

About This Home

As of April 2019

They say location is everything in real estate, and you simply can't beat THIS location...SOUND VIEWS from the upper deck will delight you nightly, and it's a stone's throw to Bay Drive and the wonderful multi-use path that the locals enjoy so much! Just imagine coming home and unwinding with your favorite beverage while watching the spectacular sunset display...And you truly CAN relax, because this home is BRAND NEW, so there's nothing for you to do but enjoy! With new homes all around, this section of Palmetto Street is curb appeal CENTRAL! The only thing better than the location is the HIGH QUALITY CONSTRUCTION in this beautiful new home...Only the best materials will do, and this home features ARCHITECTURAL shingles, an UPGRADED TRIM package, QUARTZ kitchen counters, real HAND FINISHED HARDWOOD FLOORS, CUSTOM TILE surrounds, VIWINCO vinyl DOUBLE HUNG, TILT-IN windows and Dyke fiberglass doors, GE STAINLESS STEEL appliances, custom cabinets with SOFT CLOSE drawers and doors and UNDER CABINET LIGHTING, TILE in all baths and laundry, BONUS ROOM DOWNSTAIRS with HALF BATH, LANDSCAPED yard with sod on 3 sides, OUTSIDE SHOWER and outdoor storage area... Built by one of the Outer Banks PREMIER builders, who services his product after the sale. Step inside and FEEL THE DIFFERENCE that quality construction makes. Here is the Outer Banks new construction home for sale that you have been waiting for! 'THIS IS THE ONE', you'll find yourself saying, after spending a handful of minutes inside...

Last Agent to Sell the Property

Holleay Parcker

Spinnaker Realty, LLC License #193280 Listed on: 03/26/2019

Last Buyer's Agent

Mary Riddick

Keller Williams - Outer Banks License #282059

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $331

Year Built

  • Built in 2018

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50 x 100
  • Level Lot

Home Design

  • Coastal Architecture
  • Beach Box Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,740 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Game Room
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Built by Sandy Bottom Homes Corporation
  • Va Dare Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 37R / 74

Home Details

Home Type

Single Family

Est. Annual Taxes

$331

Year Built

Built in 2018

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Coastal, Cottage
  • Directions: W on Palmetto from bypass, house on right
  • Extras: Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Subdivision Name: Virginia Dare Shores
  • Headline: UNBEATABLE LOCATION & VALUE!
  • Heated Sq Ft: 1740
  • L V T Date: 03/27/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 0889
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C14613
  • 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 w/Ice Maker, Washer
  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Sandy Bottom Homes Corporation
  • Construction: Frame
  • Exterior: Lap Siding, Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Level
  • Lot Faces: s
  • Lot Size: 50 x 100
  • Lot Number: Lot 37R
  • Estimated Lot Size: 0.11
  • Deed Book: 2240

Rental Info

  • Est Annual Rental Income: 23364
  • Estimated Rental Performance: 0.0623

Building Info

  • Year Built: 2018

Tax Info

  • Year: 2018
  • Taxes: 331

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2019
Closed on
Apr 11, 2019
Sold by
Sandy Bottom Homes Corp
Bought by
Hundley George T and Hundley Deborah S
Seller's Agent
Holleay Parcker
Spinnaker Realty, LLC
Buyer's Agent
Mary Riddick
Keller Williams - Outer Banks
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$695,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$320,726
Avg. Annual Appreciation
10.11%
Original Mortgage
$300,000
Outstanding Balance
$263,239
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$432,509

Purchase Details

Closed on
May 31, 2018
Sold by
Obx Cottages Llc
Bought by
Sandy Bottom Homes Corp
Source: Public Records

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
Hundley George T $375,000 --
Sandy Bottom Homes Corp $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hundley George T $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2019 04/30/19 Sold $375,000 0.0% $216 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/26/2019 03/26/19 For Sale $375,000 -- $216 / 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 $2,823 $373,700 $110,100 $263,600
2023 $2,823 $373,700 $110,100 $263,600
2022 $2,693 $373,700 $110,100 $263,600
2021 $2,693 $373,700 $110,100 $263,600
2020 $2,693 $373,700 $110,100 $263,600
2019 $2,292 $263,400 $77,900 $185,500
2018 $331 $38,900 $38,900 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104407

Outer Banks Association of REALTORS®

APN: 000726037