NOT LISTED FOR SALE

1303 S Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $3,485,000 - $6,924,000

5 Beds
3.5 Baths
1,700 Sq Ft
$2,905/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $1,050,000 $618 Per Sq Ft

Est. 370% increase in value since last sale

Current estimated payment $28,894/month

1 Day on Market

Highlights

  • Beach Front
  • Guest House
  • Furnished
  • Ocean View
  • 0.46 Acre Lot
  • Hurricane or Storm Shutters

About This Home

As of March 2021

Your chance to own an oceanfront in the heart of the Outer Banks. 50 wide lot is waiting for its next lucky owner. Build your dream home or bring this historical cottage back to its glory! Neighboring properties to the south are for sale and can be combined with this lot.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 01/29/2021

Keller Williams - Outer Banks

Last Buyer's Agent

Eddie Goodrich

Village Realty Holdings, LLC - NH License #46069

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,648

Year Built

  • Built in 1935

Lot Details

  • 0.46 Acre Lot
  • Lot Dimensions are 48' x 470.5
  • Beach Front
  • Historic Home

Parking

  • Paved Parking

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,700 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • Outdoor Shower
  • Storage Shed

Additional Homes

  • Guest House

Utilities

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

Community Details

  • Kill Devil Bch Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / B

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,648

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Historic
  • Extras: Beach Access, Ceiling Fan(s), Outside Shower, Storage Shed
  • Flood Zone: VE, X
  • Subdivision Name: Kill Devil Beach Sec 1 Revised
  • Headline: Oceanfront Heart of OBX!
  • Heated Sq Ft: 1700
  • L V T Date: 01/29/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 384
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 5
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Optional Rooms: Guest House
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood, Hurricane Shutters
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Beach Frontage
  • Lot Faces: E
  • Lot Size: 48' x 470.5
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.46
  • Deed Book: WB 15E

Building Info

  • Year Built: 1935

Multi Family

  • No. of Units: 2

Tax Info

  • Year: 2020
  • Taxes: 6648.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Mar 22, 2021
Sold by
Boyette Raymond Russell and Boyette Karen E
Bought by
Yang Ju and Da An
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Eddie Goodrich
Village Realty Holdings, LLC - NH
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%
Current Estimated Value
$4,939,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,889,065
Avg. Annual Appreciation
40.75%
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
Yang Ju $1,050,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $1,050,000 -4.5% $618 / Sq Ft
01/30/2021 01/30/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $1,100,000 -- $647 / 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 $32,501 $4,167,700 $812,000 $3,355,700
2023 $28,302 $3,746,100 $812,000 $2,934,100
2022 $5,850 $812,000 $812,000 $0
2021 $3,364 $928,235 $812,000 $116,235
2020 $3,358 $927,425 $812,000 $115,425
2019 $3,061 $694,200 $599,700 $94,500
2018 $2,994 $694,200 $599,700 $94,500
2017 $2,994 $694,200 $599,700 $94,500
2016 $2,853 $694,200 $599,700 $94,500
2014 $2,747 $694,200 $599,700 $94,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112630

Outer Banks Association of REALTORS®

APN: 004663000