NOT LISTED FOR SALE

1108 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $1,583,000 - $1,733,127

0.17 Acre
$9,601,930 Price per Acre
7,500 Sq Ft Lot

Last Sold March 15, 2017

Last sale price $240,000

Est. 588% increase in value since last sale

Current estimated payment $9,401/month

322 Days on Market

Highlights

  • Ocean Front
  • Timber
  • Level Lot
  • First Flight Middle School Rated A-

About This Lot

As of March 2017

Ocean views and close beach access. Perfect site for 2nd home or investment home. You can buy one, two, three, or all four lots. Great high elevation on all adjoining home sites. Central location, near Wright Brothers Memorial. Seller Financing is available.

Last Agent to Sell the Property

Charles Crawley

Beach Realty & Construction License #129856 Listed on: 09/03/2015

Last Buyer's Agent

Tammy Aycock

SAGA Realty and Construction License #174696

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,225

Lot Details

  • 7,500 Sq Ft Lot
  • Ocean Front
  • Level Lot

Farming

  • Timber

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Kitty Hawk Shrs Subdivision

Listing and Financial Details

  • Tax Block 15

Property Details

Property Type

Land

Est. Annual Taxes

$3,225

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE
  • Subdivision Name: Kitty Hawk Shores - Revised
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Timber: Light, Scattered
  • Deed Book Pg Number: 0595
  • Office License Number: C3297
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Level
  • Deed Book: 0982
  • Unit/Lot Number: Lot SalemAve

Tax Info

  • Year: 2015
  • Taxes: 3224.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 21, 2019
Sold by
Gorung Narayna S and Gurung Pramilla
Bought by
Lotus Investors Llc
Current Estimated Value
$1,651,532

Purchase Details

Closed on
Sep 19, 2018
Sold by
110 Cvdt Llc
Bought by
Gurung Narayan S and Gurung Pramila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Sep 3, 2015
Closed on
Mar 15, 2017
Sold by
Sharp Linda R
Bought by
1110 Nvdt Llc
Seller's Agent
Charles Crawley
Beach Realty & Construction
Buyer's Agent
Tammy Aycock
SAGA Realty and Construction
List Price
$299,000
Sold Price
$240,000
Premium/Discount to List
-$59,000
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.60%

Purchase Details

Closed on
Nov 22, 2004
Sold by
Sharp Linda R
Bought by
1110 Nvdt Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lotus Investors Llc -- --
Gurung Narayan S $270,000 --
1110 Nvdt Llc $240,000 None Available
1110 Nvdt Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gurung Narayan S $756,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $240,000 -19.7% --
07/21/2016 07/21/16 Pending -- -- --
09/03/2015 09/03/15 For Sale $299,000 -- --
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
2025 $8,664 $1,554,200 $468,800 $1,085,400
2024 $8,302 $1,065,900 $240,000 $825,900
2023 $8,302 $1,098,936 $240,000 $858,936
2022 $7,918 $1,098,936 $240,000 $858,936
2021 $7,918 $1,098,936 $240,000 $858,936
2020 $7,918 $1,098,936 $240,000 $858,936
2019 $4,389 $492,400 $251,600 $240,800
2018 $2,141 $251,600 $251,600 $0
2017 $3,384 $397,700 $377,400 $20,300
2016 $3,225 $397,700 $377,400 $20,300
2014 $3,106 $397,700 $377,400 $20,300
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Charles Crawley

    Beach Realty & Construction

    Section Image
  • Tammy Aycock

    Buyer's Agent in 2017

    Tammy Aycock

    SAGA Realty and Construction

    (252) 207-6452

    19 in this area

    106 Total Sales

    Tammy Aycock
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89395

Outer Banks Association of REALTORS®

APN: 003716000

North Carolina Dare County Kill Devil Hills 27948

1108 N Virginia Dare Trail, Kill Devil Hills, NC

Not Listed for Sale

Lots

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