NOT LISTED FOR SALE

1401 N Virginia Dare Trail Unit 4B Kill Devil Hills, NC 27948

Estimated Value: $518,000 - $592,928

2 Beds
2 Baths
888 Sq Ft
$623/Sq Ft Est. Value

Last Sold May 11, 2022

Last sale price $539,500 $608 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,230/month

4 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Furnished
  • First Flight Middle School Rated A-
  • Main Floor Bedroom
  • Living Room

About This Home

As of May 2022

Absolutely stunning ocean front condo w/pool and beach access. Incredible views from primary bedroom & decks. This end unit condo is sold fully furnished with everything you need for a turnkey investment, second or primary home. This property has been renovated within the last 3 years. It boosts a beautiful updated kitchen, with new corian counter tops and stainless appliances. This unit has a great rental history New siding, facia and gutters just installed. New roof and gutters as well. Air conditioning replaced in 2020. It feels like a brand new condo! Come see it today, it will not last!

Last Listed By

Charles Cornwell

Cornwell Properties License #282863 Listed on: 03/23/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1981

Lot Details

  • 1.7

HOA Fees

  • $893 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Property Attached

Interior Spaces

  • 888 Sq Ft Home
  • Furnished
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District for Water and Sewer

Additional Features

  • Outdoor Pool
  • Ocean Front

Community Details

Overview

  • Signature Touch Property Mgmt. Association, Phone Number (252) 441-8857
  • Sea Oats Villas Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,268

Year Built

Built in 1981

Lot Details

0

HOA Fees

$893 per month

Listing Details

  • Class: RESIDENTIAL
  • Heated Sq Ft: 888
  • L V T Date: 03/23/2022
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: OIR
  • Deed Book Pg Number: 587
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: 282863
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Freezer, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Kitchen: On Level: 1
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Ensuite
  • Dining Room: On Level: 1
  • Family Room: On Level: 1
  • Living Room: On Level: 1

Exterior Features

  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • Condo Type: Attached
  • Estimated Annual Fee: 10720
  • Hoa Contact: Signature Touch Property Mgmt.
  • HOA Contact: 252-441-8857

Lot Info

  • Deed Book: 2206

Rental Info

  • Rental Co: KEES Vacation Rentals

Building Info

  • Year Built: 1981

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 2268.13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
May 10, 2022
Sold by
Shannon Pastras and Shannon Elizabeth
Bought by
Schroeder Megan and Schroeder Zachary
Seller's Agent
Charles Cornwell
Cornwell Properties
Buyer's Agent
Emily Quinn Bray
Coldwell Banker Seaside Realty KH
List Price
$529,000
Sold Price
$539,500
Premium/Discount to List
$10,500
1.98%
Total Days on Market
4
Current Estimated Value
$553,643

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,143
Avg. Annual Appreciation
0.87%
Original Mortgage
$485,550
Outstanding Balance
$464,607
Interest Rate
5.27%
Mortgage Type
New Conventional
Estimated Equity
$89,036

Purchase Details

Listed on
Sep 29, 2017
Closed on
Nov 22, 2017
Sold by
Watkins Brent G and Watkins Rebecca C
Bought by
Pastras Charalampos and Pastras Elizabeth Shannon
Seller's Agent
Charles Rocknak
Beach Realty & Construction
Buyer's Agent
Laurie Battaglia
Coastal Outer Banks Realty
List Price
$288,880
Sold Price
$284,880
Premium/Discount to List
-$4,000
-1.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.36%
Original Mortgage
$227,904
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2009
Sold by
Mayes Whitefield W and Mayes Loudean A
Bought by
Watkins Brent G and Watkins Rebecca C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,250
Interest Rate
5.08%
Mortgage Type
Purchase Money Mortgage

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
Schroeder Megan $3,232,500 Rose Harrison Gilreath & Power
Pastras Charalampos $285,000 None Available
Watkins Brent G $302,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schroeder Megan $485,550
Previous Owner Pastras Charalampos $227,904
Previous Owner Watkins Brent G $262,500
Previous Owner Watkins Brent G $272,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/11/2022 05/11/22 Sold $539,500 +2.0% $608 / Sq Ft
03/27/2022 03/27/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $529,000 -1.9% $596 / Sq Ft
03/23/2022 03/23/22 Off Market $539,500 -- --
03/23/2022 03/23/22 For Sale $529,000 +85.7% $596 / Sq Ft
11/22/2017 11/22/17 Sold $284,880 -1.4% $321 / Sq Ft
10/09/2017 10/09/17 Pending -- -- --
09/29/2017 09/29/17 For Sale $288,880 -- $325 / 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 $3,199 $314,800 $150,000 $164,800
2023 $3,199 $321,392 $150,000 $171,392
2022 $3,087 $321,392 $150,000 $171,392
2021 $3,093 $321,392 $150,000 $171,392
2020 $3,087 $321,392 $150,000 $171,392
2019 $3,163 $259,100 $170,000 $89,100
2018 $3,112 $259,100 $170,000 $89,100
2017 $3,060 $259,100 $170,000 $89,100
2016 $2,956 $259,100 $170,000 $89,100
2014 $2,023 $259,100 $170,000 $89,100
Source: Public Records

Agents Affiliated with this Home

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Source: Outer Banks Association of REALTORS®

MLS Number: 118122

Outer Banks Association of REALTORS®

APN: 028125000