Closing Price:
$520,000
$520,000
116 E Avalon Drive,
Kill Devil Hills, NC 27948-9416
3 bd
1 ba
896 sq ft
MLS #: 124643
Status: Closed
Sold Details
Status: Closed
Sold Price: $520,000.00
Closing Date: 3/1/2024
Contract Date: 2/16/2024
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 4
Due Diligence Date: 2/23/2024
Listing Information
Area: Kill Devil Hills b/w Hwys
Mls Status: Closed
Days On Market: 4
Cumulative Days On Market: 4
Listing Price: $520,000
Original Listing Price: $520,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/12/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 896
Asking Price Per SqFt: $580.00
Heated Living Area Sq Ft: 896
BedroomsTotal: 3
Bathrooms Full: 1
Year Built: 1956
Architectural Style: Bungalow
Sub Type: Single Family Residence
Appliances: Dryer, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Masonry
Pool: No
Cooling: Central Air
Heating: Forced Air
Flooring: Hardwood
Legal Description
County: Dare
Subdivision: Avalon Beach
Deed Book: 1824
Deed Book Page Number: 0214
County Pin Number: 988517203962
Price Change: 2/29/2024
Association Amenities: Ocean Access
Lot Details
Lot Features: Level
Waterfront: More than 5th row
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2023
Annual Property Taxes: $1,954.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 3/1/2024
Estimated Annual Fee Amt: $30.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Outside Shower
Fuel Tanks: None
HOA Contact Name: Avalon Beach Improvement Assoc
Primary Residence: No
HOA Contact Info: www.avalonbeachobx.com
Rental Income
Annual Rental Income: 45000
Rental Performance: 0.0865
Listing Agent Remarks
Oceanside beach cottage in Avalon! This charming and historic cottage is a true gem, located just a short stroll away from the pristine Kill Devil Hills beaches and the newly renovated Avalon Pier. With 3 bedrooms, 1 bath, and an inviting open den and kitchen, this cozy retreat offers a perfect blend of comfort and coastal Outer Banks charm. Step inside to discover the timeless beauty of tongue and groove wood-paneled ceilings and walls and gleaming hardwood floors that provide the interior with a coastal feel. The closed-in front porch, equipped with a window unit, extends the living space by an additional 224 sq ft, creating the ideal setting to savor your morning coffee or unwind with an afternoon beverage. For added convenience, owners have the option to join the Avalon Beach Improvement Association for $30 a year, providing exclusive access to a beach parking pass. This ensures that your beach days are hassle-free and enjoyable. This cozy home is a blank canvas, ready for its new owners to infuse it with their personal touch. Centrally located in Kill Devil Hills, it's an investment opportunity. With a projected rental income of up to $45,000 annually (even more if a hot tub is added!), this beach cottage makes for an excellent second home or income property. UPDATES Include: Roof (2016) with 130 mph shingles, HVAC 2018, Windows 2008, and Electric box and panel (2021). Don't miss your chance to own this slice of coastal paradise!
Directions
(none)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 116 E Avalon 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 116 E Avalon 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
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