NOT LISTED FOR SALE

1019 N Virginia Dare Trail Unit 200 Kill Devil Hills, NC 27948

Estimated Value: $640,000 - $897,000

3 Beds
2 Baths
1,394 Sq Ft
$525/mo HOA Fee

Last Sold March 23, 2015

Last sale price $505,000 $362 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $4,844/month

107 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • In Ground Pool
  • First Flight Middle School Rated A-
  • Ocean View
  • Dumbwaiter

About This Home

As of March 2015

*** SELLER FINANCING AVAILABLE - SEE DETAILS BELOW! *** FABULOUS OCEANFRONT CONDOMINIUM ... GULFSTREAM HAS THE ABSOLUTE BEST LOCATION & THE MOST BEAUTIFUL BEACH ... LOCATED JUST EAST OF THE WRIGHT BROTHERS MONUMENT *** JUST 8 UNITS - SO ITS QUAINT, AND IT FEELS LIKE YOU HAVE THE PLACE ALL TO YOURSELF! *** THE DUNE SYSTEM HERE IS EXTREMELY DEEP AND PROTECTED AND IS VIRTUALLY UNCHANGED IN 30 YEARS *** LARGE PARKING AREA TO ACCOMODATE UNIT OWNERS AND GUESTS * LARGE GROUND LEVEL STORAGE ROOM PRIVATE TO THIS UNIT, WALKWAYS TO SMALL COMMUNITY POOL WITH DECKING NESTLED INTO DUNE, WITH WALKWAY CONTINUING TO TOP OF THE DUNE PLATFORM DECKING FOR GATHERINGS & INCREDIBLE OCEAN VIEWS - YOU CAN JUST SMELL THE SALT AIR CAN'T YOU! THIS UNIT IS IN A GREAT LOCATION WITHIN THE DESIGN OF THE BUILDING - IT IS SECOND FLOOR ON THE NORTH SIDE - WITH PRIVATE DECKS & ACCESS DOWN TO GROUND LEVEL ON 2 SIDES * EXTERIOR SIDING IS BEING UPGRADED TO HARDI-PLANK CEMENT FIBERBOARD SIDING - THIS IS MORE THAN 50% COMPLETE! CHECK OUT THE RECENTLY ADDED "STAIR TAMER" DUMB WAITER LIFT - GREAT FOR GROCERIES OR LUGGAGE! *** INTERIOR FEATURES LOTS OF WINDOWS FOR NATURAL LIGHT & CAPTURING AMAZING PANORAMIC OCEAN VIEWS ... RECENTLY COMPLETED UPDATED KITCHEN WITH NEW CABINETS, SILESTONE COUNTERS, TILE FLOOR - LOOKS GREAT - SEE PHOTOS! ... AND UPDATED BATHS ... WITH MASTER BATH VANITY GRANITE COUNTER *** WOOD FIREPLACE W/ AN ELECTRIC FIREPLACE INSERT ... THE VIEWS ARE FROM JUST ABOUT EVERY EAST FACING WINDOW! THREE (3) BEDROOMS, 2 FULL BATHS, HALL FULL SIZE WASHER/DRYER *** THIS CONDOMINIUM COMES COMPLETELY (BEAUTIFULLY) FURNISHED AND IS IN A WEEKLY VACATION RENTAL PROGRAM WITH 2014 GROSS INCOME OF $30,350 *** BUT WOULD ALSO MAKE A GREAT SECOND HOME *** HERE IS AN ADDITIONAL FEATURE/BENEFIT ... THE SELLERS ARE WILLING TO ENTERTAIN SELLER FINANCING A FIRST MORTGAGE ... 20% DOWN, SELLERS WILL CONSIDER FINANCING 80% WITH THE FOLLOWING TERMS ... 3% RATE, 30 YEAR AMORTIZATION WITH 10 YEAR BALLOON ... SUBJECT TO SELLERS APPROVAL *** HERE IS A SYNOPSIS FROM THE RENTAL AD: Newly Renovated Kitchen and Bathrooms! "Ocean Sweet" features two ample decks where the sole thing standing between you and the ocean is an immaculate sand dune thriving with natural vegetation. Imagine having direct ocean access only a few boardwalk steps away. And to make your beach experience complete, you can lounge on the oceanfront deck, either basking in the Carolina sun or under the shade afforded by a gazebo situated at the peak of the superb dune. Oh, and don't forget the community pool with even more decking, an outside shower and gorgeous landscaping. Being conveniently located near the Wright Brothers Memorial Museum, several popular restaurants and grocery stores, this intimate oceanfront condo in Kill Devil Hills, shared with only seven other units, is a spectacular setting where dreams are made and where dreams come true. Bedding: 1 King, 1 Queen, 2 Twin, 1 Queen Sofa Bed, Mile Post: 7.5, Amenities: Views (Ocean or Sound), Community Pool, Internet Connection, Community Privileges, 4 TVs, 2 VCRs, 1 DVD, CD Player, Wet Bar, Washer and Dryer in unit, Direct Beach Access, Non-Smoking, Baby Equipment, Enclosed Outside Shower, Jetted Tub, Community Park Grill and Picnic Table. *** RE-CAP ... INCREDIBLE OCEANFRONT PROPERTY WITH DEEP STABLE DUNE/BEACH, FABULOUS CONDO FULLY FURNISHED WITH RENTAL INCOME, SELLER FINANCING ... BUT, THERE IS MORE! CONSIDER THAT THIS CONDOMINIUM IS SITUATED ON APPROXIMATELY 1.15 ACRES OF PRIME OCEANFRONT WITH THE LAND OWNED BY JUST THE 8 UNIT OWNERS ... THERE IS TREMENDOUS INTRINSIC VALUE IN THE LAND ALONE *** ... COME SEE!

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 10/24/2014

Coldwell Banker Seaside Realty KH

Co-Listed By

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction License #141499

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,462

Year Built

  • Built in 1987

Lot Details

  • Beach Front
  • Lot includes common area
  • Landscaped

HOA Fees

  • $525 Monthly HOA Fees

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,394 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Dumbwaiter
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Paved Parking
  • Parking Lot

Pool

  • In Ground Pool
  • Outdoor Shower
  • Fiberglass Pool

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, walkways
  • Gulfstream Cond Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Additional Features

  • Common Area
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,462

Year Built

Built in 1987

Lot Details

0

HOA Fees

$525 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: DUE EAST OF WRIGHT BROTHERS MONUMENT, THEN JUST NORTH A BIT
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dumbwaiter/Lift
  • Flood Zone: VE
  • Subdivision Name: GULFSTREAM CONDOMINIUMS
  • Headline: SPECTACULAR OCEANFRONT CONDO!
  • Heated Sq Ft: 1394
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Oceanfront
  • Zoning: OIR
  • Deed Book Pg Number: 350
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Bedroom 1: MASTER, On Level: 2
  • Bedroom 2: YES, On Level: 2
  • Bedroom 3: NICE!, On Level: 2
  • Kitchen: OCEAN VIEW, On Level: 2
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection
  • Dining Room: OCEAN VIEW, On Level: 2
  • Living Room: OCEAN VIEW, On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood, Cement Fiber Board
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Fiberglass, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: NICE!
  • View: Ocean, Park Serv/Preserve

Garage/Parking

  • Parking: Parking Lot, Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6300

Lot Info

  • Lot Description: Adj. To Common Area, Beach Frontage
  • Lot Faces: EAST
  • Lot Size: CONDOMINIUM
  • Deed Book: 1691

Rental Info

  • Est Annual Rental Income: 30350
  • Estimated Rental Performance: 0.0601
  • Lease Terms: Weekly
  • Other Expenses: 265000
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: OCEAN SWEET
  • Rental Cottage Number: 5751
  • Rental Phone Number: 252-261-5500
  • Rental Turnover Day: SATURDAYS

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2014
  • Taxes: 3462

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2014
Closed on
Mar 23, 2015
Sold by
Kohler Christopher C and Kohler Charlette S
Bought by
Kelly Maureen T
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$534,900
Sold Price
$505,000
Premium/Discount to List
-$29,900
-5.59%
Total Days on Market
107
Current Estimated Value
$719,383

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,383
Avg. Annual Appreciation
3.52%
Original Mortgage
$505,000
Outstanding Balance
$385,628
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$333,755

Purchase Details

Closed on
Jun 29, 2006
Sold by
Huffman Dinwidde L and Huffman Mary Ellen
Bought by
Kohler Christopher C and Kohler Charlette S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Kelly Maureen T -- None Available
Kohler Christopher C $585,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelly Maureen T $505,000
Previous Owner Kohler Christopher C $400,000
Previous Owner Huffman Dinwiddie L $222,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2015 03/23/15 Sold $505,000 -5.6% $362 / Sq Ft
02/08/2015 02/08/15 Pending -- -- --
10/24/2014 10/24/14 For Sale $534,900 -- $384 / 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 $3,601 $476,700 $230,000 $246,700
2023 $3,601 $476,700 $230,000 $246,700
2022 $3,435 $476,700 $230,000 $246,700
2021 $3,435 $476,700 $230,000 $246,700
2020 $3,435 $476,700 $230,000 $246,700
2019 $3,783 $434,800 $265,000 $169,800
2018 $3,700 $434,800 $265,000 $169,800
2017 $3,700 $434,800 $265,000 $169,800
2016 $4,961 $434,800 $265,000 $169,800
2014 $3,462 $434,800 $265,000 $169,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 85635

Outer Banks Association of REALTORS®

APN: 003707200