NOT LISTED FOR SALE

1401 S Virginia Dare Trail Unit 3 Kill Devil Hills, NC 27948

Estimated Value: $492,984 - $557,000

2 Beds
2 Baths
936 Sq Ft
$567/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $309,000 $330 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,550/month

33 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Furnished
  • Community Beach Access
  • In Ground Pool
  • Tile Flooring

About This Home

As of August 2020

Oceanfront condo in very good condition * 2 Bedrooms, 2 Full baths with washer/dryer in the condo! * Ocean view from private deck and living room * Perhaps the most unique feature is the walkway directly off your private deck to elevated gazebo and steps to beach * The value of this feature cannot be underestimated and is very rare in the oceanfront condo market * First floor condo means one set of steps up to your front door * This stretch of beach is one of the nicest, widest, least crowded of any in Kill Devil Hills, Nags Head or Kitty Hawk *

Last Agent to Sell the Property

David Weybright

Coastal Outer Banks Realty License #185816 Listed on: 05/27/2020

Last Buyer's Agent

Madonna VanCuren

Coldwell Banker Seaside Realty - KDH License #136061

Coldwell Banker Seaside Realty - KDH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,919

Year Built

  • Built in 1981

Lot Details

  • 1.08

HOA Fees

  • $517 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 936 Sq Ft Home
  • Furnished
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Tuck Under Parking
  • Parking Lot

Utilities

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

Additional Features

  • In Ground Pool
  • Beach Front

Community Details

Overview

  • Association fees include common electric, common insurance, flood insurance, grounds maintenance, management, pool, road maintenance
  • Signature Touch Association
  • Regency Condos Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,919

Year Built

Built in 1981

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: On the oceanfront just south of Kellog's Hardware * Regency sign is a bit tricky to see, especially if you approach from the north *
  • Extras: Boardwalk to Beach
  • Headline: Oceanfront Condo
  • Heated Sq Ft: 936
  • L V T Date: 05/27/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: OIR
  • Deed Book Pg Number: 346
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24808
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite

Exterior Features

  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6200
  • Hoa Contact: signature touch
  • HOA Contact: signature touch

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1948

Rental Info

  • Lease Terms: Variable
  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Name: K 0601
  • Rental Cottage Number: Sandy Feet
  • Rental Turnover Day: variable

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2019
  • Taxes: 1919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2020
Closed on
Aug 13, 2020
Sold by
Gillespie Catherine Anne and Gillespie Patrick W
Bought by
Chicella Michael F and Chicella Becky Brown
Seller's Agent
David Weybright
Coastal Outer Banks Realty
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$309,000
Sold Price
$309,000
Current Estimated Value
$530,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,328
Avg. Annual Appreciation
10.75%
Original Mortgage
$247,200
Outstanding Balance
$218,790
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$311,538

Purchase Details

Listed on
Apr 2, 2013
Closed on
Dec 20, 2013
Sold by
Therrien Vincent V and Therrien Maryellen
Bought by
Gillespie Catherine Anne
Seller's Agent
Mary-Ruth Reiss
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
David Weybright
Coastal Outer Banks Realty
List Price
$239,900
Sold Price
$217,500
Premium/Discount to List
-$22,400
-9.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Apr 29, 2005
Sold by
Brown Paul K and Brown Barbara L
Bought by
Therrien Vincent V and Therrien Maryellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.88%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chicella Michael F $1,545,000 None Available
Gillespie Catherine Anne $1,305,000 None Available
Therrien Vincent V $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chicella Michael F $247,200
Previous Owner Therrien Vincent V $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/14/2020 08/14/20 Sold $309,000 0.0% $330 / Sq Ft
06/29/2020 06/29/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $309,000 +42.1% $330 / Sq Ft
12/20/2013 12/20/13 Sold $217,500 -9.3% $235 / Sq Ft View Prior Sale
12/18/2013 12/18/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $239,900 -- $260 / 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
2025 $2,878 $518,700 $220,000 $298,700
2024 $2,336 $302,200 $144,000 $158,200
2023 $2,331 $308,528 $144,000 $164,528
2022 $2,223 $308,528 $144,000 $164,528
2021 $2,223 $308,528 $144,000 $164,528
2020 $2,223 $308,528 $144,000 $164,528
2019 $1,919 $216,000 $125,000 $91,000
2018 $1,881 $216,000 $125,000 $91,000
2017 $1,881 $216,000 $125,000 $91,000
2016 $1,788 $216,000 $125,000 $91,000
2014 $1,726 $216,000 $125,000 $91,000
Source: Public Records

Agents Affiliated with this Home

  • David Weybright

    Seller's Agent in 2020

    David Weybright

    Coastal Outer Banks Realty

    (252) 305-2400

    15 in this area

    69 Total Sales

    David Weybright
    Section Image
  • Madonna VanCuren

    Buyer's Agent in 2020

    Madonna VanCuren

    Coldwell Banker Seaside Realty - KDH

    (252) 202-6702

    41 in this area

    126 Total Sales

    Madonna VanCuren
    Section Image
  • Mary-Ruth Reiss

    Seller's Agent in 2013

    Mary-Ruth Reiss

    Coldwell Banker Seaside Realty - KDH

    (252) 480-4400

    7 in this area

    31 Total Sales

    Mary-Ruth Reiss
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109428

Outer Banks Association of REALTORS®

APN: 028106000

North Carolina Dare County Kill Devil Hills 27948

1401 S Virginia Dare Trail Unit 3, Kill Devil Hills, NC

Not Listed for Sale

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