NOT LISTED FOR SALE

1302 S Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $1,056,177 - $1,257,000

5 Beds
5.5 Baths
3,160 Sq Ft
$375/Sq Ft Est. Value

Last Sold April 11, 2014

Last sale price $575,000 $182 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,689/month

8 Days on Market

Highlights

  • Ocean Front
  • Cathedral Ceiling
  • Furnished
  • In Ground Pool
  • Hydromassage or Jetted Bathtub
  • Game Room

About This Home

As of April 2014

Excellent rental property and already has $46,135.00 on the books for 2014 with weeks left that will book. Buy now to get the income. There is direct beach access across the street. The ocean views are very nice from this home. This home has all the amenities to make it a continued producer: elevator, pool, hot tub, game room and all bedrooms have their own bathrooms. It is comfortably furnished and ready as a turn key option for the next owner. The original owner still owns the home and has kept it this long due to the investment income. The 2 HVACs systems & the refrigerator are new in the past 2 years.

Last Agent to Sell the Property

Cara Muglia

SERHANT North Carolina LLC License #236062 Listed on: 02/21/2014

Last Buyer's Agent

Jack Marshall

Shore Advantage Realty-KH License #201176

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,644

Year Built

  • Built in 2002

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Ocean Front
  • Fenced Yard
  • Level Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,160 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Shower
  • Fiberglass Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water

Community Details

  • Kill Devil Bch Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / D

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,644

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: On the beach road at approximately MP 9 just South of Atlantic St.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Kill Devil Beach Sec 1 Revised
  • Headline: Better than 10% ROI
  • Heated Sq Ft: 3160
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0478
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Fiberglass
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 4004

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 50 X 150
  • Lot Number: Lot 2
  • Deed Book: 1431

Rental Info

  • Est Annual Rental Income: 62983
  • Estimated Rental Performance: 0.1095
  • Flood Expenses: 572
  • Lease Terms: Weekly
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Journey's End
  • Rental Cottage Number: 5921
  • Rental Phone Number: 252-261-5500
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2013
  • Taxes: 4643.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2014
Closed on
Apr 3, 2014
Sold by
Xenakis John J
Bought by
Sanders John B and Sanders Stacy L
Seller's Agent
Cara Muglia
SERHANT North Carolina LLC
Buyer's Agent
Jack Marshall
Shore Advantage Realty-KH
List Price
$599,900
Sold Price
$575,000
Premium/Discount to List
-$24,900
-4.15%
Current Estimated Value
$1,186,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$611,294
Avg. Annual Appreciation
6.51%
Original Mortgage
$417,000
Outstanding Balance
$317,713
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$868,581
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
Sanders John B $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanders John B $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2014 04/11/14 Sold $575,000 -4.2% $182 / Sq Ft
03/01/2014 03/01/14 Pending -- -- --
02/21/2014 02/21/14 For Sale $599,900 -- $190 / 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 $4,796 $619,600 $240,000 $379,600
2023 $4,796 $634,784 $240,000 $394,784
2022 $4,574 $634,784 $240,000 $394,784
2021 $0 $619,600 $240,000 $379,600
2020 $4,574 $634,784 $240,000 $394,784
2019 $5,365 $599,300 $251,600 $347,700
2018 $5,247 $599,300 $251,600 $347,700
2017 $5,262 $599,300 $251,600 $347,700
2016 $5,001 $599,300 $251,600 $347,700
2014 $4,816 $599,300 $251,600 $347,700
Source: Public Records

Agents Affiliated with this Home

  • Cara Muglia

    Seller's Agent in 2014

    Cara Muglia

    SERHANT North Carolina LLC

    (252) 599-1246

    8 in this area

    27 Total Sales

    Cara Muglia
    Section Image

  • J

    Buyer's Agent in 2014

    Jack Marshall

    Shore Advantage Realty-KH

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 82402

Outer Banks Association of REALTORS®

APN: 004700001

North Carolina Dare County Kill Devil Hills 27948

1302 S Virginia Dare Trail, Kill Devil Hills, NC

This home is located at 1302 S Virginia Dare Trail, Kill Devil Hills, NC 27948 since 21 February 2014 and is currently estimated at $1,186,294, approximately $375 per square foot. This property was built in 2002. 1302 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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