Closing Price:
$799,000
108 E Fresh Pond Drive, Kill Devil Hills, NC 27948
5 bd
5 ba
2966 sq ft
MLS #: 116537
Status: Closed

Sold Details

Status: Closed
Sold Price: $780,000.00
Closing Date: 1/18/2022
Contract Date: 11/16/2021
Seller Concessions: Yes
Concession Comments: $6500 to fix crows nest
Total Days on Market:
Cumulative Days on Market: 28
Due Diligence Date: 1/4/2022

Listing Information

Area: Kill Devil Hills b/w Hwys
Mls Status: Closed
Days On Market: 28
Cumulative Days On Market: 28
Listing Price: $799,000
Original Listing Price: $799,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/19/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2966
Asking Price Per SqFt: $269.00
Heated Living Area Sq Ft: 2966
BedroomsTotal: 5
Bathrooms Full: 5
Year Built: 2005
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dishwasher, Ice Maker, Refrigerator, Range/Oven, Stackable Washer/Dryer
Roof: Asphalt
Parking: Paved
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated Salt, Heated, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Forced Air
Room Type: Game Room
Flooring: Carpet, Hardwood, Tile

Legal Description

County: Dare
Subdivision: Lake Drive Dev
Deed Book: 2094
Deed Book Page Number: 120
County Pin Number: 989313140101
Price Change: 1/18/2022

Lot Details

Lot Size Acres: 0.16
Lot Size Square Feet: 7000
Lot Features: Level
Waterfront: More than 5th row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $3,716.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 1/19/2022
Estimated Annual Fee Amt: $0.00
Sewer: Non Conventional Septic
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Listing Restrictions: 1031 Tax Deferred Exch.
Exterior: Vinyl
HashTag of Units: 1
Extras: Ceiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Roof Top Deck,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 100658
Rental Performance: 0.129

Listing Agent Remarks

Heated Saltwater Pool + Crows Nest with Ocean Views. A Change in Latitude is a 5 BR / 5 BATH home that is centrally located between the highways in Kill Devil Hills, and is a short distance from the BEACH as well as restaurants, breweries, beach rentals, shopping, and grocery stores! The home is currently used as a second home but has a ton of rental potential. The rental projection is $100,658 for 2022, which is over a 12.5% Gross Rental Return! The top-level boasts cathedral ceilings, plenty of windows to let in the natural light, gas fireplace, hardwood flooring, spacious kitchen, and master suite that opens to the sun deck. Make your way up to crows nest to view the beautiful Atlantic Ocean! The second level consists of three bedrooms (2 of which are master suites with access to the second level deck). There is also a screened in porch and laundry area on the second level. The lower level features a sizable game room with a pool table, wet bar, and an additional bedroom and bathroom. The beautifully landscaped outdoors area is the perfect place to swim in the heated saltwater pool, enjoy the hot tub, or relax on the patio. This property is also located in the X flood zone which means no flood insurance required. This is a fantastic opportunity to own a well maintained second home or investment property!

Directions

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Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 108 E Fresh Pond Drive in Kill Devil Hills is provided courtesy of Coldwell Banker Seaside Realty KH 252-599-6814. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 108 E Fresh Pond Drive in Kill Devil Hills is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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