NOT LISTED FOR SALE

1221 S Virginia Dare Trail Unit A-2 Kill Devil Hills, NC 27948

Estimated Value: $481,702 - $575,000

2 Beds
2 Baths
912 Sq Ft
$350/mo HOA Fee

Last Sold April 30, 2015

Last sale price $297,175 $326 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,304/month

61 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Contemporary Architecture
  • Community Beach Access
  • Concrete Pool
  • Furnished

About This Home

As of April 2015

This home should be a model home for Admiral View III. Lots of new upgrades and of course a beautiful ocean view. Recent upgrades include; Brand New Stainless Steel Appliances (except dishwasher),Bead board wainscoting,brand new flooring throughout with wood laminate and carpet,gorgeous custom tile showers,new hot water heater in 2015,new outside furniture and new HVAC 2010. Enjoy fantastic ocean views,established dune line that does NOT flood. Admiral's View III is a close knit group of homeowners with only 12 units in this stick built complex (not modular). Collect rental income, forget your worries and enjoy your stay when your guests have gone. The beach is wide while still maintaining a large dune. The owners meticulously maintain this home. Beautiful master with stunning ocean views from bed, and custom tile shower in master bath.Your buyers will love the bright and beachy feel with ocean view in sight the minute you walk through the door. Have children? Feel safe knowing you can relax on the shady porch and overlook your children playing in the private pool. They will also love the exterior luggage elevator, for owner's use only, and the private laundry facility on ground level. All 12 owners take pride in this condominium complex. Association dues cover wind and hail, fire, and flood insurance. Home is sold fully furnished with some exclusions. These homes historically bring in $ 23,000 $26,000 in income depending on how aggressively you want to rent.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 01/28/2015

Coldwell Banker Seaside Realty - KDH

Co-Listed By

Will Gregg

Coldwell Banker Seaside Realty - KDH License #233996

Last Buyer's Agent

Nancy Kretz

Default, Office License #175509

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,025

Year Built

  • Built in 1982

Lot Details

  • Beach Front
  • Landscaped

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 912 Sq Ft Home
  • Furnished
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Home Security

Parking

  • Paved Parking
  • Off-Street Parking

Pool

Outdoor Features

  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, road maintenance, walkways
  • Admirals View III Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,025

Year Built

Built in 1982

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Turn east at Clark Street, condo is in front of Food Dudes.
  • Extras: Beach Access, Covered Decks, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Storage Shed
  • Headline: Very few stairs/Ocean Views
  • Heated Sq Ft: 912
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: A
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0096
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Ensuite

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Concrete, Private Pool, Association Pool
  • Roof: Tar/Gravel
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 4200

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Deed Book: 1908

Rental Info

  • Est Annual Rental Income: 23000
  • Estimated Rental Performance: 0.0774
  • Rental Co: Resort Realty
  • Rental Cottage Name: A Sight for Shore Eyes
  • Rental Cottage Number: 5402
  • Rental Phone Number: Resort

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2014
  • Taxes: 2025

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2015
Closed on
Apr 21, 2015
Sold by
Pristas Michael J and Pristas Sandra A
Bought by
Rogers Joseph P and Rogers Christy L
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Nancy Kretz
Default, Office
List Price
$309,000
Sold Price
$297,175
Premium/Discount to List
-$11,825
-3.83%
Current Estimated Value
$520,676

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,501
Avg. Annual Appreciation
5.52%
Original Mortgage
$267,400
Outstanding Balance
$206,223
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$314,453
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
Rogers Joseph P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rogers Joseph P $267,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $297,175 -3.8% $326 / Sq Ft
03/30/2015 03/30/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $309,000 +12.4% $339 / Sq Ft
09/14/2012 09/14/12 Sold $275,000 -11.3% $302 / Sq Ft
07/17/2012 07/17/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $309,900 -- $340 / 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 $2,326 $301,200 $150,000 $151,200
2023 $2,321 $307,248 $150,000 $157,248
2022 $2,502 $347,248 $190,000 $157,248
2021 $2,506 $347,248 $190,000 $157,248
2020 $2,502 $347,248 $190,000 $157,248
2019 $2,296 $259,400 $170,000 $89,400
2018 $2,249 $259,400 $170,000 $89,400
2017 $2,249 $259,400 $170,000 $89,400
2016 $2,140 $259,400 $170,000 $89,400
2014 $2,026 $259,400 $170,000 $89,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86562

Outer Banks Association of REALTORS®

APN: 028962000