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502 Third St

Kill Devil Hills, NC 27948

3 bd 2 ba 1,014 sqft Built 1980 Lot 7,000 sqft single_family
Most recent sale
$385,000
Jun 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2023 Sold $495,000 OuterBanks
Jun 16, 2023 Listed $495,000 OuterBanks
Jun 16, 2022 Sold $385,000 MLS #118404
Apr 11, 2022 Listed $385,000 MLS #118404

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $353,200 $155,800 $509,000 $2,764
2024 $353,200 $155,800 $509,000 $1,730
2023 $142,900 $84,000 $226,900 $908
2022 $142,900 $84,000 $226,900 $1,634
2021 $142,900 $84,000 $226,900 $1,635
2020 $142,900 $84,000 $226,900 $1,634
2019 $86,000 $65,500 $151,500 $1,318
2018 $86,000 $65,500 $151,500 $1,289
2017 $84,400 $65,500 $149,900 $1,275
2016 $84,400 $65,500 $149,900 $1,215
2015 $84,400 $65,500 $149,900 $1,215
2014 $84,400 $65,500 $149,900 $1,170
2013 $84,400 $65,500 $149,900 $1,125
2012 $94,700 $119,100 $213,800 $1,101
2010 $94,700 $119,100 $213,800 $1,036
2009 $94,700 $119,100 $213,800 $994

Property facts

Year built
1980
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,014 sqft
Lot size
7,000 sqft
ZIP code
27948
City
Kill Devil Hills
Street
Third St
Coordinates
36.03244, -75.67724

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,369
Gross rental yield
4.27%
Implied cap rate
2.77%
Trend-extrapolated value

Frequently asked questions

When did 502 Third St last sell?
502 Third St most recently sold on Jun 16, 2022 for $385,000.
What is the current tax assessment for 502 Third St?
The most recent total assessment for 502 Third St (year 2025) is $509,000 with $2,764 in property tax.
How does 502 Third St's assessment compare to its last sale price?
The current assessment is 32.2% above the last sale price of $385,000.
When was 502 Third St built?
502 Third St was built in 1980.
How does 502 Third St compare to others on Third St?
We track 8 other properties on Third St. Browse the list under "Other properties on Third St" to compare beds, baths, and sale history.
What are the property facts for 502 Third St?
502 Third St is a 3 bed, 2 bath, 1,014 sqft, 7,000 sqft lot single_family.
Is 502 Third St a flip candidate?
Yes — 502 Third St appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 502 Third St a tax-appeal candidate?
No — 502 Third St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.9%
Implied 1-yr
+23.4%
2026 Q3
$741K
2026 Q4
$772.4K
ZIP 27948 — Median Price History + Forecast

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