NOT LISTED FOR SALE

1014 S Virginia Dare Trail Unit 102 Kill Devil Hills, NC 27948

Estimated Value: $508,000 - $577,000

3 Beds
3 Baths
1,191 Sq Ft
$451/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $359,000 $301 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,552/month

5 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Furnished
  • First Flight Middle School Rated A-
  • Coastal Architecture
  • Granite Countertops

About This Home

As of March 2021

Fall in love Under the Boardwalk! This rare semi-oceanfront 3 bedroom, 3 bath upscale unit features a huge, tiled terrace/patio that provides shaded outside living space. There’s always a breeze on this south and east facing terrace perfect for relaxing and entertaining. There are no steps to climb and there is covered, assigned parking right outside your front door. Direct beach access across the street! The property is centrally located and convenient to shops, restaurants and entertainment. Sand in the home is not an issue as this condo offers a common heated and cooled bathhouse with shower, bathroom, sink and changing area. The roomy kitchen features stainless appliances, granite countertops and tiled floor. All three bedrooms are masters with tiled surround showers. 9’ ceilings, French doors to the patio, ceiling fans and attractive décor hallmark this condo. Air purifier (Air Scrubber) added to HVAC system in 2020. Cable and internet are included in the association fees. Picnic area, park grill and owner storage next to dedicated parking space. Solid and consistent rental income – could be higher but owner blocks unit from mid-september to mid-May. This home is perfect for vacation rental, second home, or retirement home.

Last Agent to Sell the Property

Beth Urch

Beach Realty & Construction License #218895 Listed on: 11/07/2020

Last Buyer's Agent

Myrna Duffey

Beach Realty & Construction License #304481

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,249

Year Built

  • Built in 2004

Lot Details

  • Ocean Front
  • Lot includes common area

HOA Fees

  • $516 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Property Attached
  • Entry on the 1st floor
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,191 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Parking

  • Tuck Under Parking
  • Paved Parking
  • Reserved Parking

Outdoor Features

  • Beach Access
  • Patio

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management
  • Village Realty Courtney Fowler Association, Phone Number (800) 548-9688
  • Victoria Place Condominums Subdivision

Amenities

  • Common Area

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,249

Year Built

Built in 2004

Lot Details

0

HOA Fees

$516 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Victoria Place is located on the corner of Calvin Street and Virginia Dare Trail. Semi-oceanfront in the heart of Kill Devil Hills.
  • Extras: Beach Access, Ceiling Fan(s), Elevator, Patio
  • Flood Zone: X
  • Headline: 3BR 3 BA Semi-OF direct access
  • Heated Sq Ft: 1191
  • L V T Date: 11/07/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R
  • Advertised Income 2020: 29120
  • Deed Book Pg Number: 0251
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3297
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: Huge!
  • Exterior: Shakes, Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Reserved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management
  • Condo Type: Attached
  • Association Amenities: Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6196
  • Hoa Contact: Village Realty Courtney Fowler
  • HOA Contact: 800-548-9688

Lot Info

  • Lot Description: Adj. To Common Area
  • Deed Book: 1802

Rental Info

  • Est Annual Rental Income: 29120
  • Estimated Rental Performance: 0.0811
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Under the Boardwalk
  • Rental Cottage Number: VR 102
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: Sunday
  • Rental Contact Email: laurapayne@villagerealtyobx.com
  • Rental Contact Name: Laura Payne
  • Rental Contact Phone: 252-480-2224

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2020
  • Taxes: 2249

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2020
Closed on
Mar 23, 2021
Sold by
Garrett Judith Ann
Bought by
Bullock Scott Christopher and Bullock Nicole
Seller's Agent
Beth Urch
Beach Realty & Construction
Buyer's Agent
Myrna Duffey
Beach Realty & Construction
List Price
$349,000
Sold Price
$359,000
Premium/Discount to List
$10,000
2.87%
Current Estimated Value
$537,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,593
Avg. Annual Appreciation
8.77%
Original Mortgage
$269,250
Interest Rate
5.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2009
Sold by
Allen Pace R and Allen Cook W
Bought by
Garrett Judith Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 19, 2005
Sold by
Victoria Place Llc
Bought by
Pace R Christopher and Allen Cook W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.48%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Bullock Scott Christopher $359,000 None Available
Garrett Judith Ann $312,000 None Available
Pace R Christopher $375,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bullock Scott Christopher $269,250
Previous Owner Garrett Judith Ann $218,400
Previous Owner Pace R Christopher $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $359,000 +2.9% $301 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/07/2020 11/07/20 For Sale $349,000 -- $293 / Sq Ft
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
2024 $2,359 $302,100 $50,000 $252,100
2023 $2,359 $312,184 $50,000 $262,184
2022 $2,249 $312,184 $50,000 $262,184
2021 $2,249 $312,184 $50,000 $262,184
2020 $2,249 $312,184 $50,000 $262,184
2019 $2,498 $277,000 $75,000 $202,000
2018 $2,443 $277,000 $75,000 $202,000
2017 $2,443 $277,000 $75,000 $202,000
2016 $2,328 $277,000 $75,000 $202,000
2014 $2,242 $277,000 $75,000 $202,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111784

Outer Banks Association of REALTORS®

APN: 004294002