NOT LISTED FOR SALE

1201 Argus Rd Unit 51 Kill Devil Hills, NC 27948

Estimated Value: $481,000 - $518,000

3 Beds
2.5 Baths
1,998 Sq Ft
$250/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $185,000 $93 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $3,343/month

92 Days on Market

Highlights

  • Outdoor Pool
  • Clubhouse
  • Loft
  • First Flight Middle School Rated A-
  • Caribbean Architecture
  • Furnished

About This Home

As of October 2014

[PRE-APPROVED LENDERS APPRAISED PRICE FOR A SALE - WE ARE READY TO ROLL - SHORT SALE BEING HANDLED BY THE KING OF SHORT SALES - STARKEY SHARP. BETTER PRICED THAN THE NEW ONES AND IS SOLD FURNISHED. This is a very nice town home, priced at a very desirable price that produces very good rental income. Sold fully furnished. Attached garage with entrance to home. Living Room, dining room, kitchen (there is a sea-thru gas fireplace between kitchen/dining room and living room) and powder room all on first level. There is a very nice patio area out back for grilling and entertaining. 2nd level offers a sitting area, 1 large Master Bedroom and 2 guest bedrooms. 3rd level has a very large Loft Area - that can be used as game room, or anything you can imagine. Bermuda Bay has a Lazy Floating River, a fabulous clubhouse with work out area and game room. Come take a look. 2013 total GROSS RENTAL INCOME WAS $25,939.43, NET WAS $19,517.99

Last Agent to Sell the Property

Madonna VanCuren

Coldwell Banker Seaside Realty - KDH License #136061 Listed on: 05/19/2014

Coldwell Banker Seaside Realty - KDH

Co-Listed By

Madonna Vancuren

Coldwell Banker Seaside Realty - KDH License #188819

Last Buyer's Agent

David Weybright

Coastal Outer Banks Realty License #185816

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,600

Year Built

  • Built in 2005

Lot Details

  • Property fronts a private road
  • Fenced Yard
  • Landscaped

HOA Fees

  • $468 Monthly HOA Fees

Home Design

  • Caribbean Architecture
  • Entry on the 1st floor
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,998 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Library
  • Loft

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Outdoor Pool
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Propane
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, common electric, grounds maintenance, management, pool, road maintenance
  • Bermuda Bay Devonshire Place Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,600

Year Built

Built in 2005

Lot Details

0

HOA Fees

$468 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Caribbean
  • Directions: Turn down Colington Road bear to left by Spring Arbor go down and take a right on Devonshire house
  • Extras: Ceiling Fan(s), Fenced Yard, Landscaped, Outside Lighting, Patio
  • Subdivision Name: Bermuda Bay - Devonshire Place
  • Headline: FANTASTIC RENTAL INVESTMENT
  • Heated Sq Ft: 1998
  • Potential Short Sale: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Zoning: res
  • Deed Book Pg Number: 0016
  • Major Subdivision: Bermuda Bay
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Bedroom 1: Lrg Master, On Level: 2
  • Bedroom 2: guest, On Level: 2
  • Bedroom 3: guest, On Level: 2
  • Kitchen: open, On Level: 1
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Dining Room: combo, On Level: 1
  • Living Room: Nice, On Level: 1
  • Optional Rooms: Breakfast Nook, Library/Study, Loft
  • Partial Bathrooms: 1
  • Optional Room 1: SITTING RO, On Level: 2

Exterior Features

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

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Grounds Maintenance, Management, Pool, Road Maintenance
  • Association Amenities: Clubhouse, Outdoor-Comm. Pool, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 5616

Lot Info

  • Lot Description: Level
  • Deed Book: 1653

Rental Info

  • Est Annual Rental Income: 25939
  • Estimated Rental Performance: 0.1402
  • Lease Terms: Weekly
  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Number: 1201 Argus
  • Rental Phone Number: 1-866-316-1843

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2013
  • Taxes: 1600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2005
Sold by
Bermuda Bay Llc
Bought by
Daniel Randy and Daniel Deborah
Current Estimated Value
$500,112

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,408
Outstanding Balance
$252,075
Interest Rate
7%
Mortgage Type
Assumption
Estimated Equity
$248,037
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
Daniel Randy $460,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Daniel Randy $437,408
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $185,000 -22.9% $93 / Sq Ft
08/19/2014 08/19/14 Pending -- -- --
05/19/2014 05/19/14 For Sale $239,900 -- $120 / 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 $2,691 $344,800 $60,000 $284,800
2023 $1,381 $356,192 $60,000 $296,192
2022 $2,566 $356,192 $60,000 $296,192
2021 $2,566 $356,192 $60,000 $296,192
2020 $2,566 $356,192 $60,000 $296,192
2019 $1,846 $203,800 $35,000 $168,800
2018 $0 $203,800 $35,000 $168,800
2017 $1,806 $203,800 $35,000 $168,800
2016 $1,721 $203,800 $35,000 $168,800
2014 $1,654 $203,400 $35,000 $168,400
Source: Public Records

Agents Affiliated with this Home

  • Madonna VanCuren

    Seller's Agent in 2014

    Madonna VanCuren

    Coldwell Banker Seaside Realty - KDH

    (252) 202-6702

    42 in this area

    133 Total Sales

    Madonna VanCuren
    Section Image
  • David Weybright

    Buyer's Agent in 2014

    David Weybright

    Coastal Outer Banks Realty

    (252) 305-2400

    16 in this area

    76 Total Sales

    David Weybright
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83755

Outer Banks Association of REALTORS®

APN: 008164055

North Carolina Dare County Kill Devil Hills 27948

1201 Argus Rd Unit 51, Kill Devil Hills, NC

This home is located at 1201 Argus Rd Unit 51, Kill Devil Hills, NC 27948 since 19 May 2014 and is currently estimated at $500,112, approximately $250 per square foot. This property was built in 2005. 1201 Argus Rd Unit 51 is a home located in Dare County with nearby schools including First Flight Elementary School, First Flight Middle School, and First Flight High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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