NOT LISTED FOR SALE

705 Teakwood Ln Kill Devil Hills, NC 27948

Estimated Value: $565,000 - $664,444

4 Beds
4 Baths
2,711 Sq Ft
$222/Sq Ft Est. Value

Last Sold December 06, 2024

Last sale price $568,000 $210 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,408/month

Highlights

  • Views of a Sound
  • Coastal Architecture
  • Wood Flooring
  • First Flight Middle School Rated A-
  • Wooded Lot
  • Sun or Florida Room

About This Home

As of December 2024

This spacious home offers plenty to a potential buyer looking for a primary home. Nestled on a wooded cul-de-sac lot in The Landing, a soundside KDH neighborhood, this property offers a great setting with convenient access to everything you need. With over 2,700 square feet of heated living space, it features four bedrooms and four bathrooms, including an en suite on each level. The home offers walk-in closets, an open family room with a fireplace, a sunroom, multiple decks, and a large, grassy backyard with a fire pit. The garage is generously sized, accommodating personal watercraft and a car, or possibly two vehicles parked nose-to-tail. There's also a 190-square-foot utility room off the garage for additional storage or other options. A glimpse of the sound beyond the tree-lined backyard reminds you of the home's proximity to the community boat launch, pier, and pavilion. Tucked away from seasonal traffic but conveniently close to everyday necessities, shopping, local restaurants, and the multi-use path for walkers, bikers, and joggers, this property presents excellent potential for a buyer looking for a spacious, well-located primary home.

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks Brokerage Phone: 252-207-6588 License #218707 Listed on: 10/23/2024

Keller Williams - Outer Banks

Co-Listed By

Adam Houff

Keller Williams - Outer Banks Brokerage Phone: 252-207-6588 License #294098

Last Buyer's Agent

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,744

Year Built

  • Built in 1996

Lot Details

  • 7,700 Sq Ft Lot
  • Lot Dimensions are 70x110
  • Cul-De-Sac
  • Level Lot
  • Wooded Lot
  • Property is zoned RL

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,711 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Sun or Florida Room
  • Utility Room
  • Views of a Sound

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Butcher Block Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • The Landing Subdivision

Listing and Financial Details

  • Tax Lot 156

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,744

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: W Landing Dr in KDH to left onto W 1st St, to right onto Teakwood Lane. Property will be on the left.
  • Extras: Ceiling Fan(s), Dry Entry
  • Flood Zone: X, Shaded X
  • Subdivision Name: The Landing Section 3
  • Headline: Great Location!
  • Heated Sq Ft: 2711
  • L V T Date: 10/23/2024
  • Price Per Sq Ft: 209.52
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Sold Price Per Sq Ft: 209.52
  • Zoning: RL
  • Deed Book Pg Number: 1261
  • 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 w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Solid Wood Butcher Block, Laminate
  • Floor Coverings: Carpet, Vinyl, Wood
  • Foundation: Slab
  • Full Bathrooms: 4
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection
  • Optional Rooms: Sun/Florida Room, Utility Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Attached, 1 Car, 2 Car
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 7700
  • Lot Description: Cul-de-sac, Level, Wooded
  • Lot Size: 70x110
  • Lot Number: Lot 156
  • Estimated Lot Size: 0.18
  • Deed Book: WB24E

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2024
  • Taxes: 2744

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Nov 22, 2024
Sold by
Way Stephanie Sue and Helmly Joshua
Bought by
Kendrick Leslie F and Kendrick Mark
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
List Price
$599,000
Sold Price
$568,000
Premium/Discount to List
-$31,000
-5.18%
Current Estimated Value
$601,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,111
Avg. Annual Appreciation
5.54%
Original Mortgage
$517,590
Outstanding Balance
$512,832
Interest Rate
6.54%
Mortgage Type
VA
Estimated Equity
$88,279

Purchase Details

Closed on
Feb 3, 2021
Sold by
Way Stephanie S
Bought by
Way Craig G

Purchase Details

Closed on
Jan 1, 2018
Sold by
Shields Scott and Shields Melissa
Bought by
Way Craig G and Way Stephanie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 8, 2017
Sold by
Gregory Bourne
Bought by
Shields Scott and Shields Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$449,000
Interest Rate
3.78%

Purchase Details

Closed on
Feb 16, 2011
Sold by
Conner Michael W and Conner Lynn S
Bought by
Shields Scott and Shields Melissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,900
Interest Rate
4.66%
Mortgage Type
New Conventional
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
Kendrick Leslie F $568,000 None Listed On Document
Way Craig G -- None Available
Way Craig G -- None Listed On Document
Way Craig G $340,000 --
Shields Scott -- --
Shields Scott $291,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kendrick Leslie F $517,590
Previous Owner Way Craig G $272,000
Previous Owner Shields Scott $449,000
Previous Owner Shields Scott --
Previous Owner Shields Scott $261,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2024 12/06/24 Sold $568,000 -5.2% $210 / Sq Ft
10/23/2024 10/23/24 For Sale $599,000 -- $221 / Sq Ft
10/18/2024 10/18/24 Pending -- -- --
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 $3,105 $571,600 $178,000 $393,600
2024 $2,745 $363,300 $89,000 $274,300
2023 $2,745 $363,300 $89,000 $274,300
2022 $2,618 $363,300 $89,000 $274,300
2021 $2,618 $363,300 $89,000 $274,300
2020 $2,618 $363,300 $89,000 $274,300
2019 $2,487 $285,900 $70,400 $215,500
2018 $0 $285,900 $70,400 $215,500
2017 $2,571 $285,900 $70,400 $215,500
2016 $2,442 $285,900 $70,400 $215,500
2014 $2,315 $285,900 $70,400 $215,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 127298

Outer Banks Association of REALTORS®

APN: 003661000