NOT LISTED FOR SALE

1502 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $799,000 - $2,059,000

4 Beds
2.5 Baths
1,448 Sq Ft
$778/Sq Ft Est. Value

Last Sold February 16, 2022

Last sale price $646,588 $447 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,116/month

69 Days on Market

Highlights

  • Ocean Front
  • Outdoor Pool
  • Screened Porch
  • First Flight Middle School Rated A-
  • Furnished
  • Second Dishwasher

About This Home

As of February 2022

Step back in time in this quaint 4 bedroom 2.5 bath charming beach cottage and enjoy the Outer Banks like it once was! This 1936 semi-oceanfront old Nags Head style family beach home has brought lots of joy and laughter for many years and just begs for more memories to be made. Great for the entire family, enjoy the beach or chill on the screened porch. Relax in the spa or take a refreshing dip in the 12 x 24 private pool, the choice is yours but don't miss this opportunity to own a piece of history. New pool heater and new washing machine where recently added to the home. 1.5 lots combined to make a nice 11,000 sq ft semi-oceanfront lot. Home is in the historical deferment tax program.

Last Agent to Sell the Property

Jackson Dixon

Landmark Sotheby's International Realty License #197501 Listed on: 11/03/2021

Landmark Sotheby's International Realty

Last Buyer's Agent

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,724

Year Built

  • Built in 1936

Lot Details

  • 0.25

Parking

  • Paved Parking

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,448 Sq Ft Home
  • Furnished
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Second Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Pool
  • Outdoor Shower
  • Spa

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District Water

Additional Features

  • Sun Deck
  • Ocean Front

Community Details

  • Croatan Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block #19&PT18 / D

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,724

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: Go South on Virginia Dare Trail towards Kill Devil Hills shortly pass E. First Street on the right.
  • Extras: Hot Tub, Outside Shower, Screened Porch, Sun Deck
  • Headline: Semi Oceanfront
  • Heated Sq Ft: 1448
  • L V T Date: 11/03/2021
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Advertised Income 2020: 33490
  • Advertised Income 2021: 36425
  • Advertised Income 2022: 14275
  • Deed Book Pg Number: 0283
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3297
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher
  • Bedrooms: 4
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Central
  • Water: Municipal

Lot Info

  • Lot Number: Lot#19&PT18
  • Deed Book: 1787

Rental Info

  • Est Annual Rental Income: 36425
  • Estimated Rental Performance: 0.0563
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Beach Retreat
  • Rental Cottage Number: K0057
  • Rental Phone Number: 252-441-7166
  • Rental Turnover Day: Saturday
  • Rental Contact Email: Tiffany@beachrealtync.com
  • Rental Contact Name: Tiffany Moldovan
  • Rental Contact Phone: 252-441-7166

Building Info

  • Year Built: 1936

Tax Info

  • Year: 2021
  • Taxes: 1724

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2021
Closed on
Feb 17, 2022
Sold by
Tompkins Christopher W and Tompkins Helena D
Bought by
Bodet Paul T
Seller's Agent
Jackson Dixon
Landmark Sotheby's International Realty
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$649,000
Sold Price
$646,588
Premium/Discount to List
-$2,412
-0.37%
Current Estimated Value
$1,126,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,195
Avg. Annual Appreciation
16.63%
Original Mortgage
$581,929
Outstanding Balance
$541,393
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$585,390
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
Bodet Paul T $3,232,940 Sharp Starkey
Bodet Paul T $3,232,940 Sharp Starkey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bodet Paul T $581,929
Closed Bodet Paul T $581,929
Previous Owner Tompkins Christopher W $382,500
Previous Owner Tompkins Hellena D $400,800
Previous Owner Tompkins Christopher W $141,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2022 02/16/22 Sold $646,588 -0.4% $447 / Sq Ft
01/11/2022 01/11/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $649,000 0.0% $448 / Sq Ft
11/09/2021 11/09/21 Pending -- -- --
11/03/2021 11/03/21 For Sale $649,000 -- $448 / 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 $1,991 $508,000 $268,000 $240,000
2023 $1,575 $407,470 $268,000 $139,470
2022 $1,724 $468,970 $268,000 $200,970
2021 $1,724 $468,970 $268,000 $200,970
2020 $1,691 $464,420 $268,000 $196,420
2019 $1,702 $381,300 $280,900 $100,400
2018 $3,287 $381,300 $280,900 $100,400
2017 $1,665 $381,300 $280,900 $100,400
2016 $1,587 $381,300 $280,900 $100,400
2014 $1,528 $381,300 $280,900 $100,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116688

Outer Banks Association of REALTORS®

APN: 002837000