$217,500
SOLD DEC 20, 2013

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

2 Beds
2 Baths
924 Sq Ft
$483/mo HOA Fee

Recently Sold

$235 Per Sq Ft

9% Below List Price

260 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Coastal Architecture
  • Community Beach Access
  • In Ground Pool
  • Furnished

About This Home

As of August 2020

Fantastic Price! Best Priced 2BR Oceanfront on the Market! This One Is Truly Pristine...Completely Re-Done in 2011. Ocean View from Both Living Room and Master Bedroom. Both Rooms Open to Private Deck with Direct and Private Access to Elevated Walkway/Boardwalk and Beach. Easiest Stroll to the Beach to Be Found...Even Loaded with Beach Chairs, Toys and the Cooler. Beautifully Wide and Stable Beach with Well Vegetated Dune. Note Uncrowded Beach in Photographs Taken Fourth of July Weekend! New Kitchen Cabinets and Flooring. New Carpeting and Paint Throughout. New Ceiling in Living-Dining-Kitchen Area. Remodeled Master Bath with Nice, Big Ceramic Tile Shower, New Shower Door, New Ceramic Tile Floor and New Vanity. New Electrical Panel. Dishwasher and Washer Dryer New in 2010. Range and Refrigerator New 2007+/-. Newer Countertops. Nice Low Maintenance Vinyl Exterior. Andersen Windows and Sliding Doors. Very Nice Entertainment Center with Storage Replaces Former Fireplace. Crown Molding, Six-Panel Doors, Chair Rail in Dining Room, Ceiling Fans, Wallpaper Borders. Fully Furnished and Equipped Including GE Spacemaker Stack Washer/Dryer in Hall Laundry Closet. Pantry and/or Utility Closet off Kitchen. This Condo Is a Real Find, and It's Move-In Ready!

Last Agent to Sell the Property

Mary-Ruth Reiss

Coldwell Banker Seaside Realty - KDH License #77895 Listed on: 04/02/2013

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

David Weybright

Coastal Outer Banks Realty License #185816

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,656

Year Built

  • Built in 1981

Lot Details

  • Beach Front
  • 99 Feet of Waterfront
  • Lot includes common area
  • Landscaped

HOA Fees

  • $483 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Entry on the 1st floor
  • Masonry Perimeter Foundation
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 924 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

Parking

  • Tuck Under Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Pool

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Block B

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, road maintenance, sewer/septic, water, walkways
  • Adlam Mgmt Co Association, Phone Number (252) 441-8857
  • Regency Condos Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Security

  • Storm Doors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,656

Year Built

Built in 1981

Lot Details

0

HOA Fees

$483 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional, Coastal
  • Directions: On the Oceanfront Just South of Atlantic and East of Holly. First Floor S End Oceanfront Building.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Storm Doors, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Regency Condos
  • Headline: Prime Cond! EZ Beach Access!
  • Heated Sq Ft: 924
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: OIR
  • Deed Book Pg Number: 1
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 2
  • Bedroom 1: 11x11'10, On Level: 2
  • Bedroom 2: 10'4x11, On Level: 2
  • Kitchen: 11x11, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Masonry
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Pantry, Washer Connection
  • Dining Room: 9x11, On Level: 2
  • Living Room: 11x14, On Level: 2

Exterior Features

  • Construction: Block, Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Street Frontage: 99
  • Sun Deck Size: 8x13
  • View: Ocean
  • Water Frontage: 99

Garage/Parking

  • Garage: Carport
  • Parking: Parking Lot, Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Sewer/Septic, Water, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 5800
  • Hoa Contact: Adlam Mgmt Co
  • HOA Contact: 252-441-8857

Lot Info

  • Lot Description: Adj. To Common Area, Beach Frontage, Irregular Terrain, Water Frontage
  • Lot Faces: E
  • Lot Size: 99x470
  • Deed Book: 1628

Rental Info

  • Est Annual Rental Income: 15090
  • Estimated Rental Performance: 0.0694
  • Lease Terms: Weekly
  • Other Expenses: 125000
  • Rental Co: Sun Realty
  • Rental Cottage Name: Dolphin's Watch
  • Rental Cottage Number: Reg-A3
  • Rental Phone Number: 252-441-7033
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 564

Building Info

  • Year Built: 1981

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 1656.11

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
$537,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$228,033
Avg. Annual Appreciation
11.35%
Original Mortgage
$247,200
Outstanding Balance
$219,284
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$317,749

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:

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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 Type Sale Price Title Company
Warranty Deed $1,545,000 None Available
Warranty Deed $1,305,000 None Available
Warranty Deed $360,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $247,200 New Conventional
Previous Owner $288,000 New Conventional
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 View Prior Sale
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
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
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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78501

Outer Banks Association of REALTORS®

APN: 028106000