NOT LISTED FOR SALE

1221 S Virginia Dare Trail Unit B-1 Kill Devil Hills, NC 27948

Estimated Value: $499,918 - $570,000

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

Last Sold July 29, 2014

Last sale price $255,000 $280 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,482/month

282 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Furnished
  • Community Beach Access
  • In Ground Pool
  • Covered Deck

About This Home

As of July 2014

Get in this unit today! Great end unit on second floor. Well taken care of with a few updates. What a view from almost every room. Watch the porpoise play in the morning while you relax and prepare for your day at the beach. This is a great opportunity to get in this wonderful community at this price. Plenty of room in this unit to spread out. Two bedrooms and two baths, ocean side is the master complete with it's own bathroom. Wake up every day to the sights and sounds of the ocean. This is what makes this unit such a solid rental with room to increase your income. Admirals View III has quite a few long time owners including the owner of this unit. They also have a year round owner keeping an eye on things when you aren't around. These folks know each other well which you don't always see in these arrangements. At this price you have plenty of room to make your own additions and make this your own. Recent comparable's on the second floor were at $298,000 and first floor $275,000. So you can see the value at this price. This is the one for you, don't wait!

Last Agent to Sell the Property

Andrew Hawbaker

EXP Realty, LLC - Coastal License #270761 Listed on: 09/14/2013

EXP Realty, LLC - Coastal

Last Buyer's Agent

Cooper Hawk

Outer Banks Realty Group License #229028

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,056

Year Built

  • Built in 1982

Lot Details

  • Beach Front

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Frame Construction
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 912 Sq Ft Home
  • Furnished
  • Ocean Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

Parking

  • Parking Lot
  • Off-Street Parking

Pool

Outdoor Features

  • Covered Deck
  • Storage Shed

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

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

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,056

Year Built

Built in 1982

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Beach Road North of Atlantic Street.
  • Extras: Boardwalk to Beach, Common Laundry Area, Covered Decks, Outside Shower, Smoke Detector(s), Storage Shed, Storm Doors
  • Flood Zone: VE
  • Headline: $2500 Buyer Credit at Closing!
  • Heated Sq Ft: 912
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0220
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Roof: Tar/Gravel
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Off Street

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Deed Book: 0359

Rental Info

  • Est Annual Rental Income: 19200
  • Estimated Rental Performance: 0.0753
  • Other Expenses: 180000
  • Rental Co: Atlantic Realty
  • Rental Cottage Name: Tydings on the Ocean
  • Rental Cottage Number: 812
  • Rental Phone Number: 261-2154
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2013
  • Taxes: 2056.49

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2013
Closed on
Aug 1, 2014
Sold by
Tydings Ronald W
Bought by
Larsen Eric L and Larsen Evelyn Herencia
Seller's Agent
Andrew Hawbaker
EXP Realty, LLC - Coastal
Buyer's Agent
Cooper Hawk
Outer Banks Realty Group
List Price
$269,900
Sold Price
$255,000
Premium/Discount to List
-$14,900
-5.52%
Current Estimated Value
$550,480

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$295,480
Avg. Annual Appreciation
7.12%
Original Mortgage
$229,500
Outstanding Balance
$175,320
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$375,160
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
Larsen Eric L $255,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larsen Eric L $229,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2014 07/29/14 Sold $255,000 -5.5% $280 / Sq Ft
06/23/2014 06/23/14 Pending -- -- --
09/14/2013 09/14/13 For Sale $269,900 -- $296 / 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 $2,552 $331,200 $180,000 $151,200
2023 $2,548 $337,248 $180,000 $157,248
2022 $2,430 $337,248 $180,000 $157,248
2021 $2,434 $337,248 $180,000 $157,248
2020 $2,430 $337,248 $180,000 $157,248
2019 $2,383 $269,400 $180,000 $89,400
2018 $2,334 $269,400 $180,000 $89,400
2017 $2,334 $269,400 $180,000 $89,400
2016 $2,221 $269,400 $180,000 $89,400
2014 $2,139 $269,400 $180,000 $89,400
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Andrew Hawbaker

    EXP Realty, LLC - Coastal

    Section Image
  • Cooper Hawk

    Buyer's Agent in 2014

    Cooper Hawk

    Outer Banks Realty Group

    (252) 202-4019

    4 in this area

    44 Total Sales

    Cooper Hawk
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80582

Outer Banks Association of REALTORS®

APN: 022382000

North Carolina Dare County Kill Devil Hills 27948

1221 S Virginia Dare Trail Unit B-1, Kill Devil Hills, NC

This home is located at 1221 S Virginia Dare Trail Unit B-1, Kill Devil Hills, NC 27948 since 14 September 2013 and is currently estimated at $550,480, approximately $603 per square foot. This property was built in 1982. 1221 S Virginia Dare Trail Unit B-1 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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