NOT LISTED FOR SALE

1513 S Croatan Hwy Unit 403 Kill Devil Hills, NC 27948

Estimated Value: $2,786,765

2 Beds
2 Baths
1,143 Sq Ft
$2,438/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $495,000 $433 Per Sq Ft

Est. 463% increase in value since last sale

Current estimated payment $17,188/month

61 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Coastal Architecture
  • Community Beach Access
  • Outdoor Pool
  • Engineered Wood Flooring

About This Home

As of August 2016

FINISHED, LOOKING GREAT WITH 15 WEEKS BOOKED ALREADY!! Newly Constructed Seven C's Oceanfront Condos!! Not only the newest oceanfront condo building on the Outer Banks, but the Premier Top Floor Center Unit with top elevation to take in full beach & ocean views!! Condo is being sold FURNISHED and already in Rental Program with weeks booking! Gross rental income is already above $28K and should reach $54K. Owner of this unit has opted for the following upgrades: granite counter tops, maple cabinets & stainless steel appliances in kitchen, engineered wood floors throughout, ceramic tile in bathrooms. This 2 Bedroom/ 2 Full Bath condo is located in central Kill Devil Hills in an area with larger oceanfront parcels and historic homes on either side allowing more privacy, nicer views and more space on a beautiful wide beach. Unlike the larger condo buildings w/30-40 units, Seven C's has 15 units sharing a private oceanfront pool & 100' of pristine waterfront! This Condo is spacious inside and out with a large covered deck to enjoy the ocean views and outdoors in the heat of the summer! Each bedroom will hold a King size bed, will be wired for cable and there is a Washer/Dryer inside the unit! Rental Projection estimates this Condo to gross $44,890 - $54,950 annually (See Rental Projection in Assoc. Docs). New 7C's Building has ELEVATOR, hardi-board siding, sprinkler system and 1 covered parking space with adjacent personal storage lock-up per unit. Don't miss this opportunity, there's no other new construction condo offered for sale currently on the OBX!

Last Listed By

Ashley Massey

Landmark Sotheby's International Realty License #204018 Listed on: 02/01/2016

Landmark Sotheby's International Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $707

Year Built

  • Built in 2015

Lot Details

  • Beach Front
  • 100 Feet of Waterfront
  • Landscaped
  • Level Lot

HOA Fees

  • $698 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Property Attached
  • Frame Construction
  • Lap Siding
  • Piling Construction
  • Metal Construction or Metal Frame
  • Cement Board or Planked

Interior Spaces

  • 1,143 Sq Ft Home
  • Elevator
  • Furnished
  • Ocean Views
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Engineered Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Tuck Under Parking
  • Paved Parking
  • Parking Lot
  • Reserved Parking

Outdoor Features

  • Outdoor Pool
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, grounds maintenance, management, pool, sewer/septic, walkways
  • Built by Renaissance Construction
  • 7 Cs Condo Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$707

Year Built

Built in 2015

Lot Details

0

HOA Fees

$698 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: Beach road, MP 7.5-8, take Elevator to 4th floor, Unit 403
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Landscaped, Outside Lighting, Smoke Detector(s)
  • Subdivision Name: Croatan Shores - 7 C's Condo
  • Headline: Brand New, Furnished & Rental!
  • Heated Sq Ft: 1143
  • L V T Date: 02/01/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0384
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 2
  • Countertops: Granite, Solid Surface
  • Floor Coverings: Ceramic Tile, Engineered Wood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • Homebuilder: Renaissance Construction
  • Construction: Frame, Metal, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Private Pool, Association Pool
  • Street Frontage: 100
  • View: Ocean
  • Water Frontage: 100

Garage/Parking

  • Parking: Parking Lot, Paved, Reserved, Under

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 8376

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Deed Book: 1883

Rental Info

  • Est Annual Rental Income: 54950
  • Flood Expenses: 4400
  • Rental Co: Village Realty
  • Rental Cottage Number: SE403
  • Rental Phone Number: (252)480-2224
  • Rental Turnover Day: SAT

Building Info

  • Year Built: 2015

Tax Info

  • Year: 2015
  • Taxes: 707.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2021
Sold by
Genco Properties Of Nc Llc
Bought by
Cook Out Kill Devill Hills Inc
Total Days on Market
61
Current Estimated Value
$2,786,765

Purchase Details

Closed on
Dec 31, 2014
Sold by
Stronach George T and Stronach Anne H
Bought by
Genco Properties Of Nc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,436,500
Interest Rate
3.98%
Mortgage Type
Commercial

Range of Values:

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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
Cook Out Kill Devill Hills Inc $2,100,000 None Available
Genco Properties Of Nc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Genco Properties Of Nc $1,436,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2016 08/19/16 Sold $495,000 -0.8% $433 / Sq Ft
04/02/2016 04/02/16 Pending -- -- --
02/01/2016 02/01/16 For Sale $499,000 -- $437 / 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 $10,708 $1,417,400 $756,000 $661,400
2023 $10,708 $1,417,400 $756,000 $661,400
2022 $10,212 $1,417,400 $756,000 $661,400
2021 $10,212 $1,417,400 $756,000 $661,400
2020 $10,212 $1,417,400 $756,000 $661,400
2019 $10,370 $1,192,000 $561,900 $630,100
2018 $10,143 $1,192,000 $561,900 $630,100
2017 $10,143 $1,192,000 $561,900 $630,100
2016 $8,466 $1,044,000 $561,900 $482,100
2014 $8,153 $1,044,000 $561,900 $482,100
Source: Public Records

Agents Affiliated with this Home

  • Ashley Massey

    Seller's Agent in 2016

    Ashley Massey

    Landmark Sotheby's International Realty

    (252) 202-4874

    57 Total Sales

    Ashley Massey
    Section Image

  • J

    Seller Co-Listing Agent in 2016

    Jessica Evans

    Coastal Carolina Vacations

    (252) 305-0629

    55 Total Sales

    Jessica Evans
    Section Image
  • Adam Burkhimer

    Buyer's Agent in 2016

    Adam Burkhimer

    SERHANT North Carolina LLC

    (866) 340-1166

    27 Total Sales

    Adam Burkhimer
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90978

Outer Banks Association of REALTORS®

APN: 008252000

North Carolina Dare County Kill Devil Hills 27948

1513 S Croatan Hwy Unit 403, Kill Devil Hills, NC

Homes for Sale in Kill Devil Hills, NC

This home is located at 1513 S Croatan Hwy Unit 403, Kill Devil Hills, NC 27948 since 01 February 2016 and is currently estimated at $2,786,765, approximately $2,438 per square foot. This property was built in 2015. 1513 S Croatan Hwy Unit 403 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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