NOT LISTED FOR SALE

1111 Veelee Dr Kill Devil Hills, NC 27948

Estimated Value: $705,000 - $737,346

3 Beds
2.5 Baths
1,625 Sq Ft
$445/Sq Ft Est. Value

Last Sold December 10, 2021

Last sale price $629,000 $387 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,078/month

42 Days on Market

Highlights

  • Ocean View
  • Beach Access
  • Attic
  • First Flight Middle School Rated A-
  • Cathedral Ceiling
  • Furnished

About This Home

As of December 2021

TURNKEY PROPERTY! PERFECT LOCATION with DIRECT BEACH ACCESS and OCEAN VIEWS! Located ideally at MP 8, just two rows back from the ocean and less than 200 yards to the nearest beach access, the original owners have loved and cared this beach cottage that has never been rented. The reverse floor plan showcases ocean views from the top floor where you can relax and enjoy a morning cup of coffee from the covered porch to watch the sunrise. It is a quiet street with most of the surrounding homes occupied with full time residents. The lot is large and inviting boasting a mature live oak tree and patio where friends and family can gather. The house sits at a high elevation at 9 feet and the owners have never experienced even a hint of flooding. Cedar shake impression vinyl is easy to maintain. The carport is large enough for two cars and leads to a dry entry. On the middle floor you will find 3 bedrooms and 2 bathrooms, all spacious and comfortable, with two of the bedrooms having access to a large back deck. The top floor holds the main living area with high cathedral ceilings, a bright, white kitchen with large pantry, comfortable dining area, a pullout couch, and a half bath. Furnishings are included making this property move in ready! Nearby are some of the most popular eateries on the OBX, the historic Wright Brothers Memorial, grocery stores, and shopping. This home is a must see!

Last Agent to Sell the Property

Cameron Griggs

Coldwell Banker Seaside Realty KH License #294636 Listed on: 08/24/2021

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's International Realty License #194377

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,700

Year Built

  • Built in 1995

Lot Details

  • 7,500 Sq Ft Lot
  • Level Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,625 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Ocean Views
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Wine Cooler

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Beach Access
  • Covered Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Kitty Hawk Shrs Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,700

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Extras: Beach Access, Common Laundry Area, Covered Decks, Patio, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Kitty Hawk Shores - Revised
  • Heated Sq Ft: 1625
  • L V T Date: 08/24/2021
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: RES
  • Deed Book Pg Number: 813
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer, Wine Cooler
  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Attic, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2911

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Level
  • Lot Number: Lot 6
  • Estimated Lot Size: 0.17
  • Deed Book: 1005

Rental Info

  • Flood Expenses: 479
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 1128
  • Annual Electric: 1200
  • Annual Water Expense: 260

Building Info

  • Year Built: 1995

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2020
  • Taxes: 2699.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Nov 23, 2021
Sold by
Hines Bruce A and Dow-Hines Alice Elaine
Bought by
Grason Christopher and Vassy Blanton Morgan
Seller's Agent
Cameron Griggs
Coldwell Banker Seaside Realty KH
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$648,000
Sold Price
$629,000
Premium/Discount to List
-$19,000
-2.93%
Current Estimated Value
$723,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,837
Avg. Annual Appreciation
3.75%
Original Mortgage
$400,000
Outstanding Balance
$367,289
Interest Rate
3.14%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$356,548
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
Grason Christopher $629,000 None Listed On Document
Blanton Christopher Grason $629,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Blanton Christopher Grason $400,000
Closed Grason Christopher $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $629,000 +0.8% $387 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
09/21/2021 09/21/21 Price Changed $624,000 -1.3% $384 / Sq Ft
09/02/2021 09/02/21 Price Changed $632,000 -2.5% $389 / Sq Ft
08/24/2021 08/24/21 For Sale $648,000 -- $399 / 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 $2,896 $374,700 $178,100 $196,600
2023 $2,890 $382,564 $178,100 $204,464
2022 $2,700 $374,700 $178,100 $196,600
2021 $2,700 $374,700 $178,100 $196,600
2020 $2,700 $374,700 $178,100 $196,600
2019 $2,575 $296,000 $152,100 $143,900
2018 $2,519 $296,000 $152,100 $143,900
2017 $2,519 $296,000 $152,100 $143,900
2016 $2,400 $296,000 $152,100 $143,900
2014 $2,311 $296,000 $152,100 $143,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115836

Outer Banks Association of REALTORS®

APN: 003713006