NOT LISTED FOR SALE

1115 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $2,943,000 - $4,817,000

18 Beds
19 Baths
8,519 Sq Ft
$480/Sq Ft Est. Value

Last Sold January 06, 2017

Last sale price $3,199,858 $376 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $24,818/month

21 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Cabana
  • First Flight Middle School Rated A-
  • Home Theater
  • Rooftop Deck

About This Home

As of January 2017

Oceans 18 is an amazing one of kind Oceanfront Estate home in Kill Devil Hills This thoughtfully designed and decorated gem offers 18 bedrooms, 16 of them masters and three powder baths. The ground floor offers four master suites, two integrated bunk rooms, a large theater room with sports lounge and a recreation area with a wet bar overlooking the backyard pool area. The Pool Area features a large 14 x 34 heated concrete pool with built in kiddie pool area, and swim up bar seats. Entertain outside with a large covered tiki bar and twin luxury spas. Additional outdoor amenities include a pet run area, luxury outdoor showers and a private boardwalk to the a dune deck and beach. The second level features six masters, two integrated bunk rooms, upscale pub lounge with wet bar area with covered deck and a sun terrace connected to the boardwalk to the beach. The third level features four master suites and a very spacious grand kitchen with great room and dining area as part of a vaulted open floor plan. The fourth (Loft) level features is a bonus loft game area with wet bar overlooking the great room on one side and with views of the Wright Memorial on the west side. This area features a cozy billiards room and game table. A built in bench and small sitting area help set this area apart. Many upgrades include custom tile showers, hardwood flooring, granite, upgraded cabinets and much more. Sold fully furnished and rental ready, including top of the line electronics package.

Last Agent to Sell the Property

Sumit Gupta

VR Real Estate Advisors, LLC License #212627 Listed on: 12/09/2015

Co-Listed By

Tammy Aycock

SAGA Realty and Construction License #174696

Last Buyer's Agent

Sumit Gupta

VR Real Estate Advisors, LLC License #212627 Listed on: 12/09/2015

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,262

Year Built

  • Built in 2016

Lot Details

  • Beach Front
  • 50 Feet of Waterfront
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 8,519 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Loft
  • Game Room
  • Utility Room
  • Stacked Washer and Dryer
  • Sauna
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Marble Countertops
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Parking

  • Tuck Under Parking
  • Paved Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Cabana
  • Concrete Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Patio
  • Exterior Lighting
  • Gazebo
  • Tiki or Chickee Hut

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 8 / 12A

Community Details

Overview

  • Built by SAGA Construction
  • Kitty Hawk Shrs Subdivision

Recreation

  • Community Boardwalk

Property Details

Property Type

Other

Est. Annual Taxes

$9,262

Year Built

Built in 2016

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Gazebo, Handicap Friendly, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Sauna, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Tiki Bar, Roof Top Deck
  • Subdivision Name: Kitty Hawk Shores
  • Headline: Stunning New Construction
  • Heated Sq Ft: 8519
  • L V T Date: 12/14/2015
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0093
  • Office License Number: C18181
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Appliances: Countertop Range, Dishwasher, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 18
  • Bedroom 1: Master
  • Bedroom 2: Master
  • Bedroom 3: Master
  • Bedroom 4: Master
  • Bedroom 5: Master
  • Bedroom 6: Master
  • Bedroom 7: Master
  • Bedroom 8: Master
  • Kitchen: Open
  • Countertops: Granite, Marble
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 16
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: Huge
  • Game Room: Huge
  • Living Room: Huge
  • Optional Room 2: Master
  • Optional Room 3: Master
  • Optional Rooms: Foyer, Game Room, Loft, Pantry, Utility Room, Home Theater
  • Partial Bathrooms: 3
  • Optional Room 1: Master

Exterior Features

  • Homebuilder: SAGA Construction
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Concrete, Custom, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • Sun Deck Size: 606
  • View: Ocean
  • Water Frontage: 50

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: E
  • Lot Size: 50 x MHWL
  • Lot Number: Lot 8
  • Deed Book: 1590

Rental Info

  • Lease Terms: Weekly
  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Name: Oceans 18
  • Rental Cottage Number: K7007
  • Rental Turnover Day: Flex Stay

Building Info

  • Year Built: 2016

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2015
  • Taxes: 9262

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 9, 2017
Sold by
Patel Apurva and Gupta Bhavdeep K
Bought by
Ompg1 Llc
Current Estimated Value
$4,091,725

Purchase Details

Closed on
Apr 27, 2017
Sold by
Ompg1 Llc
Bought by
Patel Apurva and Gupta Bhavdeep K

Purchase Details

Listed on
Aug 22, 2015
Closed on
Feb 25, 2016
Sold by
Alexandra L C
Bought by
Ompgi Llc
Seller's Agent
Tim Moore
Joe Lamb, Realty
Buyer's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
List Price
$969,900
Sold Price
$900,000
Premium/Discount to List
-$69,900
-7.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.64%
Original Mortgage
$2,000,000
Interest Rate
3.79%
Mortgage Type
Construction
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
Ompg1 Llc $300,000 None Available
Patel Apurva -- None Available
Ompgi Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ompg 1 Llc $1,749,000
Previous Owner Ompgi Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2017 01/06/17 Sold $3,199,858 +255.5% $376 / Sq Ft
03/01/2016 03/01/16 Sold $900,000 -69.9% $326 / Sq Ft
12/30/2015 12/30/15 Pending -- -- --
12/09/2015 12/09/15 For Sale $2,995,000 +208.8% $352 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
08/22/2015 08/22/15 For Sale $969,900 -- $351 / 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 $24,282 $3,132,800 $1,102,000 $2,030,800
2023 $24,282 $3,214,032 $1,102,000 $2,112,032
2022 $23,157 $3,214,032 $1,102,000 $2,112,032
2021 $23,157 $3,214,032 $1,102,000 $2,112,032
2020 $23,157 $3,214,032 $1,102,000 $2,112,032
2019 $25,266 $2,798,700 $690,600 $2,108,100
2018 $24,801 $2,798,700 $690,600 $2,108,100
2017 $20,999 $2,375,200 $690,600 $1,684,600
2016 $9,262 $811,800 $690,600 $121,200
2014 $6,339 $811,800 $690,600 $121,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90507

Outer Banks Association of REALTORS®

APN: 003712000