NOT LISTED FOR SALE

1107 Cambridge Rd Unit 305-E Kill Devil Hills, NC 27948

Estimated Value: $411,000 - $420,038

3 Beds
3.5 Baths
1,508 Sq Ft
$276/Sq Ft Est. Value

Last Sold June 04, 2018

Last sale price $187,210 $124 Per Sq Ft

Est. 191% increase in value since last sale

Current estimated payment $3,618/month

29 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Forced Air Heating and Cooling System
  • First Flight Middle School Rated A-
  • Garage
  • Carpet

About This Home

As of June 2018

Long-term tenant occupied. MUST set appointment to show. Yearly lease ends in may and tenant will be moving out no later than 5/31/2018. Rent has remained at $1100 and never been raised so there's lots of potential here for investors. Great community amenities, great central location on the OBX, not too close and not too far from anything. Land is high and dry, never has flooded.

Last Agent to Sell the Property

Nick Martini

Dareprox, LLC License #204149 Listed on: 02/26/2018

Co-Listed By

Leslie Gilmore

Great Escapes Vacations & Sales License #198088

Last Buyer's Agent

Elizabeth Cloninger

Pirates Cove Realty License #270965

Pirates Cove Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 2006

Lot Details

  • 4.54

HOA Fees

  • $463 Monthly HOA Fees

Home Design

  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,508 Sq Ft Home
  • Carpet
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Carport
  • Parking Lot

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Additional Features

  • Outdoor Pool
  • Property fronts a private road

Community Details

Overview

  • Association fees include common insurance, grounds maintenance, pool, road maintenance, sewer/septic
  • Bermuda Bay Cambridge Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,901

Year Built

Built in 2006

Lot Details

0

HOA Fees

$463 per month

Listing Details

  • Class: RESIDENTIAL
  • Flood Zone: X
  • Headline: Lowest Priced 3 Bedroom!!!
  • Heated Sq Ft: 1508
  • L V T Date: 02/26/2018
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 4
  • Zoning: res
  • Deed Book Pg Number: 0096
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Bermuda Bay
  • Newpoint Media: Yes
  • Office License Number: C19850
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 3
  • Floor Coverings: Carpet
  • Full Bathrooms: 3
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car, Attached
  • Garage Sq Ft: 400
  • Parking: Parking Lot, Paved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Grounds Maintenance, Pool, Road Maintenance, Sewer/Septic
  • Condo Type: Attached
  • Association Amenities: Clubhouse, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 5560

Lot Info

  • Deed Book: 1907

Rental Info

  • Lease Terms: Month to Month

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2017
  • Taxes: 1900.91

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2021
Sold by
Cloninger Elizabeth
Bought by
Pb & J Property Investments Llc
Current Estimated Value
$544,813

Purchase Details

Listed on
Feb 26, 2018
Closed on
May 29, 2018
Sold by
Shortway Richard and Shortway Jeri L
Bought by
Cloninger Elizabeth
Seller's Agent
Nick Martini
Dareprox, LLC
Buyer's Agent
Elizabeth Cloninger
Pirates Cove Realty
List Price
$219,900
Sold Price
$187,210
Premium/Discount to List
-$32,690
-14.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.75%
Original Mortgage
$168,489
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2012
Sold by
Dain Robert D and Dain Cathy M
Bought by
Shortway Richard and Shortway Jeri L
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Pb & J Property Investments Llc -- None Available
Cloninger Elizabeth $187,500 --
Shortway Richard $115,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cloninger Elizabeth $168,000
Previous Owner Cloninger Elizabeth $168,489
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2018 06/04/18 Sold $187,210 -14.9% $124 / Sq Ft
03/27/2018 03/27/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $219,900 -- $146 / 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 $1,750 $224,300 $41,500 $182,800
2023 $1,750 $231,612 $41,500 $190,112
2022 $1,669 $231,612 $41,500 $190,112
2021 $1,616 $224,300 $41,500 $182,800
2020 $1,616 $224,300 $41,500 $182,800
2019 $1,944 $223,400 $50,000 $173,400
2018 $1,901 $223,400 $50,000 $173,400
2017 $1,901 $223,400 $50,000 $173,400
2016 $1,812 $223,400 $50,000 $173,400
2014 $1,745 $223,400 $50,000 $173,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99400

Outer Banks Association of REALTORS®

APN: 008164174