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414 Wallace Street

414 Wallace Street, Kill Devil Hills, NC 27948
Property in Dare
Sold Oct 21, 2022
$2,165,000
$303,100 by Movement Mortgage Llc
Mortgage Due Nov 01, 2052
414 Wallace Street in Kill Devil Hills, NC was first built in 1986 and is 38 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 414 Wallace Street has 1,344 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,500 square feet.

Learn more about the property and building on this page. The home has a gable or hip style roof made of asphalt. The exterior walls of the home are made of materials we are unsure of. While the interior walls are made of wood. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 414 Wallace Street sold most recently in Oct 3, 2022 for a total of $2,165,000. If you work out the math, that's approximately a cost of $1,610.86 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,094 in taxes each year. 414 Wallace Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $277,200. If we break it down further, the land itself was valued at $94,500. Improvements to the property, however, were assessed at a total of $182,700. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Other
  • Interior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: Heated Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,344
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORVILLE BEACH WEST
  • Land Acres: 0.172
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT: 144 BLK: SEC: PL: 9 SL: 44

Ownership

  • Current Owner : INZALACO LOUIS
  • Current Owner 2: INZALACO MICHELLE
  • Previous Owner : FROEHLICH GAIL O
  • Previous Owner 2: FROEHLICH TODD
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Dare County Schools
  • Census Tract: 970200

Geography

  • Assessors Map Reference: MB: 9
  • Account Number: 987516833640
  • District: 07
  • Parcel: 000241000
  • Lot: 144
  • Municipality: KILL DEVIL HILLS
  • Latitude: 36.0505
  • Longitude: -75.6898

    Address

  • Full Address: 414 Wallace St
  • Legal Unit: 1
  • Address - House Number: 414
  • Address - Street Name: Wallace
  • Address - Suffix Type: St
  • State: NC
  • City Name: Kill Devil Hills
  • Zip Code: 27948

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,094

    Appraisal Valuation

  • Standard Deviation: 0.441
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 11
  • Final Value: 341,798
  • High Value: 492,551
  • Low Value: 191,044

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $303,100
  • First Open Lien Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 21, 2022
  • First Open Lien Mortgage Loan Amount: $303,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2052

    Market Valuation

  • Market Total Value: $277,200
  • Market Land Value: $94,500
  • Market Improvement Value: $182,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $277,200
  • Assessed Land Value: $94,500
  • Assessed Improvements Value: $182,700

    Sales

  • Current Sale Contract Date: Oct 03, 2022
  • Current Sale Recording Date: Oct 21, 2022
  • Current Sale Transaction ID: 11897861310
  • Current Sale Price: $2,165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 700123770

    Last Sale Mortgage

  • First Mortgage Lender: MOVEMENT MORTGAGE LLC
  • First Mortgage Transaction Date: Oct 21, 2022
  • First Mortgage Loan Amount: $303,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2052

About Kill Devil Hills



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Frequently Asked Questions

What neighborhood is 414 Wallace Street located in?
The 414 Wallace Street is a located in the neighborhood of Dare in Kill Devil Hills, Kill Devil Hills.
What is the average sales price for listings in 414 Wallace Street?
The average sales price for units in 414 Wallace Street is $0 currently.

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