NOT LISTED FOR SALE

1213 S Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $4,050,438 - $7,176,000

1.04 Acres
$5,020,012 Price per Acre
45,302 Sq Ft Lot

Last Sold August 15, 2019

Last sale price $1,350,000 $1,230 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $30,783/month

11 Days on Market

Highlights

  • 75 Feet of Waterfront
  • 1.04 Acre Lot
  • Level Lot
  • Ocean View

About This Lot

As of August 2019

Enjoy over an acre of oceanfront land! With 75 feet of ocean frontage, so many rooms will have stunning ocean views! This is some of the most stable beach on the Outer Banks. There is no sand tax here and no need for nourishment. The wide, protective dune will allow for views from the pool area and all levels of the home. Sewer is available. This is a one of a kind opportunity to build a fabulous home with incredible cash flow.

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 10/22/2018

Last Buyer's Agent

Sumit Gupta

VR Real Estate Advisors, LLC License #212627

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,740

Lot Details

  • 1.04 Acre Lot
  • 75 Feet of Waterfront
  • Ocean Front
  • Level Lot
  • Property is zoned OIR

Property Views

  • Ocean Views

Community Details

  • Kill Devil Hills Sec 1 Subdivision

Listing and Financial Details

  • Tax Block 5

Property Details

Property Type

Land

Est. Annual Taxes

$6,740

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Headline: 75 feet wide x 600+ feet deep!
  • L V T Date: 10/22/2018
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: OIR
  • Deed Book Pg Number: 0461
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: No
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: No
  • W And R Studios: No
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 75
  • View: Ocean
  • Water Frontage: 75

Lot Info

  • Estimated Lot Sq Ft: 45298
  • Lot Description: Level, Water Frontage
  • Lot Size: 75 x 600+
  • Estimated Lot Size: 1.04
  • Deed Book: 1791
  • Unit/Lot Number: Lot 8 & pt 7

Tax Info

  • Year: 2018
  • Taxes: 6739.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2018
Closed on
Aug 8, 2019
Sold by
Wesdelle M Birdsong Ft
Bought by
1213 Svdt Llc
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
List Price
$1,399,000
Sold Price
$1,350,000
Premium/Discount to List
-$49,000
-3.5%
Current Estimated Value
$5,220,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,870,813
Avg. Annual Appreciation
24.64%
Original Mortgage
$3,430,000
Outstanding Balance
$3,010,198
Interest Rate
3.8%
Mortgage Type
Balloon
Estimated Equity
$2,210,615

Purchase Details

Closed on
Feb 12, 2009
Sold by
Miller Gene B T
Bought by
Miller Gene T and Wesdelle M Birdsong Irr Family Trust
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
1213 Svdt Llc $1,350,000 --
Miller Gene T -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1213 Svdt Llc $3,430,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $1,350,000 -3.5% $1,230 / Sq Ft
11/02/2018 11/02/18 Pending -- -- --
10/22/2018 10/22/18 For Sale $1,399,000 -- $1,274 / 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 $37,251 $4,930,600 $1,226,700 $3,703,900
2023 $37,251 $4,930,600 $1,226,700 $3,703,900
2022 $35,525 $4,930,600 $1,226,700 $3,703,900
2021 $31,685 $4,397,700 $1,226,700 $3,171,000
2020 $9,003 $1,249,600 $1,226,700 $22,900
2019 $6,891 $792,100 $747,400 $44,700
2018 $0 $792,100 $747,400 $44,700
2017 $6,740 $792,100 $747,400 $44,700
2016 $6,423 $792,100 $747,400 $44,700
2014 $6,186 $792,100 $747,400 $44,700
Source: Public Records

Agents Affiliated with this Home

  • Gray Berryman

    Seller's Agent in 2019

    Gray Berryman

    Carolina Designs Realty

    (252) 573-9503

    13 in this area

    195 Total Sales

    Gray Berryman
    Section Image
  • Sumit Gupta

    Buyer's Agent in 2019

    Sumit Gupta

    VR Real Estate Advisors, LLC

    (252) 207-8997

    4 in this area

    13 Total Sales

    Sumit Gupta
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102429

Outer Banks Association of REALTORS®

APN: 004276000

North Carolina Dare County Kill Devil Hills 27948

1213 S Virginia Dare Trail, Kill Devil Hills, NC

This home is located at 1213 S Virginia Dare Trail, Kill Devil Hills, NC 27948 since 22 October 2018 and is currently estimated at $5,220,813, approximately $4,754 per square foot. 1213 S Virginia Dare Trail is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo 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.
Information is deemed reliable but not guaranteed.

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