Seller's Agent in 2017
Melanie Day
Landmark Sotheby's Internation
(252) 207-6138
16 in this area
214 Total Sales
608 Martone Ln Kill Devil Hills, NC 27948
Estimated Value: $552,000 - $591,000
4
Beds
4
Baths
2,249
Sq Ft
$254/Sq Ft
Est. Value
Highlights
- Cul-De-Sac
- First Flight Middle School Rated A-
- Concrete Flooring
About This Home
As of May 2017This is a rental machine!! This charming cottage generates nearly $30,000 annual revenue which is approximately 10% return. Three year financials can be provided on request. X FLOOD ZONE SO NO FLOOD INSURANCE REQUIRED! Well maintained and located on a quiet cul-de-sac approximately 8 blocks to ocean and sound! Exterior is Hardiplank siding. Double hung windows, fenced in back yard and 2 decks (234 sq ft and 112.0 sq ft.) New HVAC in 2017. Upper level features an open and spacious great room/kitchen/dining area. Laminate floors in great room, hall and 2 baths and carpet in 2 bedrooms, den and stairs leading to recreation room on ground level. Custom built bar and custom built entertainment center. Year round rental contract in place on upper level unit, rental income of $1270/month. The lower level consists of 2 fully compliant, LEGAL, with renters already in place, $625 and $500 month/suite. Each carpeted suite includes mini kitchen, full bath, and private entrance with a shared covered deck. Large 64 square foot storage shed. PERFECT FOR YOUR INVESTOR BUYERS OR A BUYER THAT WOULD LIKE TO LIVE IN THE HOME AND OFFSET THE MORTGAGE EXPENSE WITH INCOME FROM THE 2 LOWER LEVEL RENTALS! A MUST SEE!! Long term tenants so 24 hour notice to show.
Last Agent to Sell the Property
Landmark Sotheby's Internation License #219374 Listed on: 03/31/2017
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,709
Year Built
- Built in 1984
Lot Details
- 8,611 Sq Ft Lot
- Cul-De-Sac
Home Design
- 2,249 Sq Ft Home
- Cement Board or Planked
Kitchen
- Oven or Range
- Dishwasher
Flooring
- Carpet
- Laminate
- Concrete
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Parking
- Paved Parking
- Off-Street Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heat Pump System
- Heating System Mounted To A Wall or Window
- Municipal Utilities District Water
- Private or Community Septic Tank
Community Details
- Wright's Shores Subdivision
Listing and Financial Details
- Tax Lot 109
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 31, 2017
Closed on
May 19, 2017
Sold by
608 Martone Lane Llc
Bought by
Lyubliner Arthur and Lyubliner Christine H
Seller's Agent
Melanie Day
Landmark Sotheby's Internation
Buyer's Agent
Melanie Day
Landmark Sotheby's Internation
List Price
$298,500
Sold Price
$261,000
Premium/Discount to List
-$37,500
-12.56%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$311,048
Avg. Annual Appreciation
9.53%
Purchase Details
Closed on
Nov 24, 2009
Sold by
Nichols Mary Ellen V
Bought by
608 Martone Lane Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lyubliner Arthur | -- | None Available | |
| 608 Martone Lane Llc | -- | None Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2017 05/19/17 | Sold | $261,000 | -12.6% | $116 / Sq Ft |
| 04/20/2017 04/20/17 | Pending | -- | -- | -- |
| 03/31/2017 03/31/17 | For Sale | $298,500 | -- | $133 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $2,553 | $469,400 | $203,300 | $266,100 |
| 2024 | $2,276 | $300,800 | $87,400 | $213,400 |
| 2023 | $2,273 | $300,800 | $87,400 | $213,400 |
| 2022 | $2,167 | $300,800 | $87,400 | $213,400 |
| 2021 | $2,174 | $301,741 | $87,400 | $214,341 |
| 2020 | $2,028 | $301,770 | $87,400 | $214,370 |
| 2019 | $2,028 | $233,100 | $67,500 | $165,600 |
| 2018 | $1,683 | $233,100 | $67,500 | $165,600 |
| 2017 | $1,983 | $233,100 | $67,500 | $165,600 |
| 2016 | $1,709 | $210,800 | $67,500 | $143,300 |
| 2014 | $1,646 | $210,800 | $67,500 | $143,300 |
Source: Public Records
Agents Affiliated with this Home
-
Melanie Day
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 95860
APN: 028408000
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