$450,000
SOLD OCT 14, 2022

1401 S Virginia Dare Trail Unit 12 Kill Devil Hills, NC 27948

2 Beds
2 Baths
936 Sq Ft
1.08 Acres

Recently Sold

$481 Per Sq Ft

13% Below List Price

101 Days on Market

About This Home

As of November 2023

Whether you are looking for the perfect year round residence, vacation home or investment opportunity, you do NOT want to miss "Sandy Cheeks at Regency". This 3rd floor OCEAN FRONT 2 bedroom/2 bath condo boasts the perfect location...steps from the beautiful beach and convenient to shopping, dining, attractions and entertainment! Boasting gorgeous ocean views, ocean facing covered balcony, off street parking, a boardwalk to the beach and a beautiful community pool, this property offers everything you could possible want in a beach front condo. No wonder "Sandy Cheeks" is such a solid rental performer with more than $47K in rents for 2021 and more than $38K already booked for 2022!! Don't miss this opportunity...come and visit today!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 06/03/2022

Last Buyer's Agent

Sarah Spencer

Keller Williams - Outer Banks License #185795

Keller Williams - Outer Banks

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,250

Year Built

1981

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks
  • Flood Zone: VE, X
  • Headline: OCEANFRONT CONDO IN KDH!!
  • Heated Sq Ft: 936
  • L V T Date: 06/03/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: OIR
  • Advertised Income 2020: 37223
  • Advertised Income 2021: 47074
  • Advertised Income 2022: 38750
  • Deed Book Pg Number: 0859
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Management, Sewer/Septic, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Playground, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 6200
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857

Lot Info

  • Deed Book: 2085

Rental Info

  • Est Annual Rental Income: 42559
  • Estimated Rental Performance: 0.0946
  • Lease Terms: Variable
  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Name: Sandy Cheeks at Regency
  • Rental Cottage Number: K05602
  • Rental Contact Email: kelly.green@keesouterbanks.com
  • Rental Contact Name: Kelly Green

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2021
  • Taxes: 2145.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2023
Closed on
Nov 22, 2023
Sold by
112 Thompson Street Llc
Bought by
Peters Wyatt Charles Will and Peters Emily Marcella
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Melanie Day
Landmark Sotheby's International Realty
List Price
$530,000
Sold Price
$530,000
Views
25
Current Estimated Value
$522,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,861
Avg. Annual Appreciation
-0.34%

Purchase Details

Listed on
Jun 3, 2022
Closed on
Oct 11, 2022
Sold by
Wells Robert E
Bought by
112 Thompson Street Llc
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$514,900
Sold Price
$450,000
Premium/Discount to List
-$64,900
-12.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.88%

Purchase Details

Closed on
Jun 10, 2011
Sold by
Hritz Charles S F and Hritz Margaret L
Bought by
Macdonald Kevin T and Macdonald Helen M
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $530,000 None Listed On Document
Warranty Deed $2,250,000 --
Warranty Deed $225,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $190,000 Commercial
Previous Owner $67,500 Future Advance Clause Open End Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2023 11/22/23 Sold $530,000 0.0% $566 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/19/2023 09/19/23 For Sale $530,000 +17.8% $566 / Sq Ft
10/14/2022 10/14/22 Sold $450,000 -8.0% $481 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
08/29/2022 08/29/22 Price Changed $489,000 -2.0% $522 / Sq Ft
07/01/2022 07/01/22 Price Changed $499,000 -3.1% $533 / Sq Ft
07/01/2022 07/01/22 For Sale $514,900 0.0% $550 / Sq Ft
06/07/2022 06/07/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $514,900 +106.8% $550 / Sq Ft
04/12/2016 04/12/16 Sold $249,000 -9.5% $277 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
11/14/2015 11/14/15 For Sale $275,000 -- $306 / 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 $2,250 $291,300 $130,000 $161,300
2023 $1,167 $297,752 $130,000 $167,752
2022 $2,145 $297,752 $130,000 $167,752
2021 $2,145 $297,752 $130,000 $167,752
2020 $1,894 $297,752 $130,000 $167,752
2019 $1,894 $213,000 $120,000 $93,000
2018 $0 $213,000 $120,000 $93,000
2017 $1,852 $213,000 $120,000 $93,000
2016 $1,765 $213,000 $120,000 $93,000
2014 $1,700 $213,000 $120,000 $93,000
Source: Public Records

Agents Affiliated with this Home

  • Sarah Spencer

    Seller's Agent in 2023

    Sarah Spencer

    Keller Williams - Outer Banks

    (252) 202-3357

    50 in this area

    339 Total Sales

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  • Kim Fiul

    Seller Co-Listing Agent in 2023

    Kim Fiul

    Keller Williams - Outer Banks

    (703) 201-7618

    7 in this area

    31 Total Sales

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  • Melanie Day

    Buyer's Agent in 2023

    Melanie Day

    Landmark Sotheby's International Realty

    (252) 207-6138

    17 in this area

    236 Total Sales

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  • Trisha Midgett

    Seller's Agent in 2022

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    49 in this area

    1,277 Total Sales

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  • Heather VanderMyde

    Seller's Agent in 2016

    Heather VanderMyde

    Coldwell Banker Seaside Realty - KDH

    (252) 202-2375

    74 in this area

    443 Total Sales

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  • David Weybright

    Buyer's Agent in 2016

    David Weybright

    Coastal Outer Banks Realty

    (252) 305-2400

    18 in this area

    82 Total Sales

    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119138

Outer Banks Association of REALTORS®

APN: 028113000

North Carolina Dare County Kill Devil Hills 27948

1401 S Virginia Dare Trail Unit 12, Kill Devil Hills, NC

This home is located at 1401 S Virginia Dare Trail Unit 12, Kill Devil Hills, NC 27948 and is currently priced at $450,000, approximately $480 per square foot. This property was built in 1981. 1401 S Virginia Dare Trail Unit 12 is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

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