NOT LISTED FOR SALE

703 W Avalon Dr Kill Devil Hills, NC 27948

Estimated Value: $426,000 - $488,000

3 Beds
2 Baths
1,240 Sq Ft
$370/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $310,000 $250 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,561/month

61 Days on Market

Highlights

  • Beach Access
  • Furnished
  • Gazebo
  • First Flight Middle School Rated A-
  • Screened Porch
  • In-Law or Guest Suite

About This Home

As of March 2021

Super cute Avalon cottage built with few steps which is hard to find. The previous owner was the original builder of the home and they had it set up for an in-law apartment in the back with a kitchenette, living room, bedroom and bath. Current owners have been renting it consistently on vrbo.com and opened that part of the home to the main part of the house for rentals. They also moved the washer/dryer back into the home as it was located in the outside shed, which still has the water hook up and electric. There is a nice screened in gazebo and fish cleaning station in the back yard. Very close to the sound side access - great spot to live or vacation! Rent numbers coming soon but they have been blocked off the rest of the year in order to sell! 2016 - new HVAC for front 2017 - new HVAC for rear and replaced all plumbing under house with pex pipe with heat tape that is automatically timed according to temperature. Also replaced hot water heater and some fixtures. 2018 - replaced roof on house and shed. 2019 - Painted most of exterior. Also put in new refrigerator and microwave. 2020 - Finished painting exterior with 2 coats of paint, had Gazebo and front porch rescreened. Painted complete interior with up to 4 coats of paint in some rooms, also replaced dryer, all new hardware on all doors an windows. House is on a quarterly pest control program with Manteo Pest Control.

Last Agent to Sell the Property

Dawn Stultz

Blue Horizon Realty License #251514 Listed on: 11/24/2020

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's International Realty License #194377

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,497

Year Built

  • Built in 1973

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Bungalow
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,240 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Beach Access
  • Gazebo
  • Storage Shed

Utilities

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

Community Details

  • Avalon Beach Subdivision

Listing and Financial Details

  • Tax Lot 196

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,497

Year Built

Built in 1973

Lot Details

0

HOA Fees

$4 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow
  • Directions: West on Avalon, home on left
  • Extras: Beach Access, Ceiling Fan(s), Gazebo, Screened Porch, Storage Shed, Inside Laundry Room
  • Flood Zone: X
  • Headline: Authentic Avalon Beach Cottage
  • Heated Sq Ft: 1240
  • L V T Date: 11/24/2020
  • Roads: Public
  • Sale/Rent: For Sale
  • Zoning: residentia
  • Deed Book Pg Number: 0213
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C22210
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Washer Connection
  • Optional Rooms: In-Law Apartment

Exterior Features

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

Garage/Parking

  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 50

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Level
  • Lot Number: Lot 196
  • Estimated Lot Size: 0.11
  • Deed Book: 2112

Rental Info

  • Lease Terms: Weekly
  • Rental Co: VRBO

Building Info

  • Year Built: 1973

Tax Info

  • Year: 2020
  • Taxes: 1497

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2020
Closed on
Mar 17, 2021
Sold by
Holmes William L and Holmes Jackie
Bought by
Phillips Albert Loren and Phillips Douglas Magill
Seller's Agent
Dawn Stultz
Blue Horizon Realty
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$329,900
Sold Price
$310,000
Premium/Discount to List
-$19,900
-6.03%
Current Estimated Value
$458,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,229
Avg. Annual Appreciation
9.05%
Original Mortgage
$217,000
Outstanding Balance
$195,064
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$263,165

Purchase Details

Listed on
Feb 12, 2016
Closed on
Aug 3, 2016
Sold by
Potter Betty W
Bought by
Holmes William L
Seller's Agent
Jennifer Sylvia
Jennifer Sylvia Realty
Buyer's Agent
Dawn Stultz
Blue Horizon Realty
List Price
$219,000
Sold Price
$176,000
Premium/Discount to List
-$43,000
-19.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.01%

Purchase Details

Closed on
Nov 1, 2007
Sold by
Stallings James L and Stallings Katie L
Bought by
Stallings Mary Camela

Purchase Details

Closed on
May 17, 2005
Sold by
Potter Helen Clark
Bought by
Potter Theodore Wade
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Phillips Albert Loren $310,000 None Available
Phillips Albert Loren $310,000 None Listed On Document
Holmes William L $176,000 None Available
Stallings Mary Camela -- None Available
Potter Theodore Wade -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phillips Albert Loren $217,000
Closed Phillips Albert Loren $217,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2021 03/26/21 Sold $310,000 -6.0% $250 / Sq Ft
01/24/2021 01/24/21 Pending -- -- --
01/11/2021 01/11/21 For Sale $329,900 0.0% $266 / Sq Ft
11/28/2020 11/28/20 Pending -- -- --
11/24/2020 11/24/20 For Sale $329,900 +87.4% $266 / Sq Ft
08/08/2016 08/08/16 Sold $176,000 -19.6% $142 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $219,000 -- $176 / 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 $1,535 $203,200 $90,000 $113,200
2023 $1,535 $203,200 $90,000 $113,200
2022 $1,464 $203,200 $90,000 $113,200
2021 $1,497 $207,728 $90,000 $117,728
2020 $1,497 $207,728 $90,000 $117,728
2019 $1,143 $128,000 $61,300 $66,700
2018 $0 $128,000 $61,300 $66,700
2017 $1,118 $128,000 $61,300 $66,700
2016 $1,065 $128,000 $61,300 $66,700
2014 $1,026 $128,000 $61,300 $66,700
Source: Public Records

Agents Affiliated with this Home

  • Dawn Stultz

    Seller's Agent in 2021

    Dawn Stultz

    Blue Horizon Realty

    (252) 489-8687

    8 in this area

    37 Total Sales

    Dawn Stultz
    Section Image
  • Brad Beacham

    Buyer's Agent in 2021

    Brad Beacham

    Landmark Sotheby's International Realty

    (252) 202-6920

    40 in this area

    194 Total Sales

    Brad Beacham
    Section Image

  • J

    Seller's Agent in 2016

    Jennifer Sylvia

    Jennifer Sylvia Realty

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111983

Outer Banks Association of REALTORS®

APN: 001556000

North Carolina Dare County Kill Devil Hills 27948

703 W Avalon Dr, Kill Devil Hills, NC

This home is located at 703 W Avalon Dr, Kill Devil Hills, NC 27948 since 24 November 2020 and is currently estimated at $458,229, approximately $369 per square foot. This property was built in 1973. 703 W Avalon Dr is a home located in Dare County with nearby schools including Nags Head Elementary School, First Flight Middle School, and First Flight High School.

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.

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