NOT LISTED FOR SALE

1514 Baileys Bay Rd Unit 8 Kill Devil Hills, NC 27948

Estimated Value: $483,543 - $524,000

3 Beds
2.5 Baths
1,514 Sq Ft
$470/mo HOA Fee

Last Sold August 24, 2020

Last sale price $325,000 $215 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,371/month

449 Days on Market

Highlights

  • Health Club
  • Home fronts a pond
  • Pond View
  • First Flight Middle School Rated A-
  • Outdoor Pool
  • Craftsman Architecture

About This Home

As of August 2020

Come experience Single Family Living with all of the Maintenance Free advantages of a condo in this stunning LIKE NEW ST. GEORGE model at Devonshire Place on the Pond Front. Currently this is the ONLY 3 Bedroom Unit on the Market! Offering Ground Floor Living, This 'SMART HOME' (Lutron Smart Home Package Included) has no steps to climb to enter the open concept Kitchen/Living/Dining Area on the Ground level complete with 1/2 Bath and 1 Car Garage/Dry Entry! The Garage comes finished...dry-walled and painted. The 2nd Floor features 3 Bedrooms including a Spacious Master Suite with Private Bath and Custom Tiled Shower, Double Sink Vanity, Walk-In Closet, and a Private 56 sq. ft. Deck. Comes Fully FURNISHED by EXOTIC HOME with BLINDS PACKAGE INCLUDED! KEES Vacation Rental Projection of $33,567+. HOA fees cover Flood, Wind and Hazard Insurance on the buildings and exterior maintenance from roof, painting, windows, doors, decking, fencing, termite treatment, and lawn care!! (Homeowner only responsible to maintain yard inside back fenced in area and interior contents.). Compare the HOA dues to the insurance and pool expenses on other Single Family homes in the area...this is a great deal!! This 3 bedrooms, 2 Full and 1 Half Bath Detached Condominium features high end finishes and the highest quality construction methods and materials by Outer Banks Renovation & Construction, LLC AND A 10 YR BONDED BUILDERS WARRANTY! The kitchen is beautifully designed with custom solid wood Wolf Cabinetry with self close finishes, Subway Tiled Backsplash, Kohler faucets (a total Kohler Home!), Stainless Steel Whirlpool Gold appliances, Super Durable Karndean Luxury Vinyl Tile flooring in the Van Gogh Collection, and Granite counter tops in the Kitchen. The top floor is built for comfort with Shaw Clear Touch Polyester Loop carpet, 2 Full Bathrooms again with solid wood soft-close Wolf Cabinetry, Granite Counters, and Kohler fixtures. All 3 Bedrooms include walk-in closets...plenty of storage! Other features include 2x6 Construction, Fiber Cement Siding, All Impact Resistant Simonton Windows and Doors, Fire Suppression System, Owens Corning Duration Lifetime Shingles, 128 sq. ft. Concrete Patio in Back yard, and More! Devonshire Place is centrally located in Kill Devil Hills in the revitalized community of Bermuda Bay. Enjoy a stroll or bike ride to the Wright Brother’s Memorial, area shopping, schools, beaches and restaurants or join your neighbors for socializing at the Clubhouse, where residents and their guests can relax under sun-shaded fabric cabanas or take a dip in the meandering pool. In addition to the Clubhouse and custom Outdoor Community Pool, the association amenities also include a Fitness Center with Lots of equipment and several TV's. This is a fantastic opportunity to own an easy to maintain, Practically BRAND NEW primary, 2nd home or investment property!

Last Agent to Sell the Property

Jeff Kluger

Coldwell Banker Seaside Realty KH License #275932 Listed on: 04/03/2019

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Jeff Kluger

Coldwell Banker Seaside Realty KH License #275932 Listed on: 04/03/2019

Coldwell Banker Seaside Realty KH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,926

Year Built

  • Built in 2017

Lot Details

  • Home fronts a pond
  • Property fronts a private road
  • Cul-De-Sac
  • Fenced Yard
  • Landscaped
  • Sprinkler System

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Entry on the 8th floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,514 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Pond Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Outdoor Pool
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include common electric, common insurance, flood insurance, grounds maintenance, management, pool, road maintenance
  • 252 441 4185 Association
  • Built by Florida OBX
  • Bermuda Bay Devonshire Place Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Health Club
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,926

Year Built

Built in 2017

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Craftsman, Coastal
  • Directions: Go West on Colington Road. Take a Left onto Bermuda Bay Blvd, Right onto Devonshire Rd. Follow down to Bailey's Bay Road. Homesite is on the Pond front.
  • Extras: Ceiling Fan(s), Fenced Yard, Garage Door Opener, Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Smoke Detector(s), Inside Laundry Room
  • Flood Zone: AE
  • Headline: Like NEW Pond Front Condo
  • Heated Sq Ft: 1514
  • L V T Date: 04/03/2019
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 8
  • Waterfront Location: Pondfront
  • Zoning: Res.
  • Deed Book Pg Number: 0510
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Bermuda Bay
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Wood Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Florida OBX
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Pond

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance
  • Condo Type: Detached
  • Association Amenities: Clubhouse, Health Club, Outdoor-Comm. Pool, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 5645
  • Hoa Contact: 252-441-4185
  • HOA Contact: bermuda bay HOA

Lot Info

  • Lot Description: Cul-de-sac, Level
  • Deed Book: 2257

Building Info

  • Year Built: 2017

Tax Info

  • Year: 2019
  • Taxes: 1925.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2019
Closed on
Aug 19, 2020
Sold by
Mahesh Sankara P and Ravindran Nimmy
Bought by
Mulvey James A
Seller's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
Buyer's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
List Price
$327,900
Sold Price
$325,000
Premium/Discount to List
-$2,900
-0.88%
Current Estimated Value
$506,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,886
Avg. Annual Appreciation
9.01%
Original Mortgage
$260,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2017
Closed on
Aug 15, 2018
Sold by
Elorida Obx 2Sd Llc
Bought by
Mahesh Sankara P and Ravindran Nimmy
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
List Price
$311,350
Sold Price
$311,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.18%
Original Mortgage
$211,350
Interest Rate
4.6%
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 Buyer Sale Price Title Company
Mulvey James A $325,000 None Available
Mahesh Sankara P $311,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mulvey James A $260,000
Previous Owner Mahesh Sankara P $211,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2020 08/24/20 Sold $325,000 -0.6% $215 / Sq Ft
06/25/2020 06/25/20 Pending -- -- --
01/19/2020 01/19/20 Price Changed $326,900 -0.3% $216 / Sq Ft
04/03/2019 04/03/19 For Sale $327,900 +5.3% $217 / Sq Ft
08/30/2018 08/30/18 Sold $311,350 0.0% $206 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
06/22/2018 06/22/18 For Sale $311,350 0.0% $206 / Sq Ft
06/18/2018 06/18/18 Pending -- -- --
04/26/2018 04/26/18 Price Changed $311,350 +1.3% $206 / Sq Ft
03/06/2018 03/06/18 Price Changed $307,350 -1.6% $203 / Sq Ft
03/04/2018 03/04/18 Price Changed $312,350 +0.3% $206 / Sq Ft
01/02/2018 01/02/18 Price Changed $311,500 +0.8% $206 / Sq Ft
12/07/2017 12/07/17 For Sale $309,000 0.0% $204 / Sq Ft
10/26/2017 10/26/17 Pending -- -- --
10/26/2017 10/26/17 For Sale $309,000 -- $204 / 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 $2,572 $328,600 $60,000 $268,600
2023 $2,564 $339,344 $60,000 $279,344
2022 $2,445 $339,344 $60,000 $279,344
2021 $2,453 $339,344 $60,000 $279,344
2020 $2,445 $339,344 $60,000 $279,344
2019 $1,926 $212,500 $35,000 $177,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104542

Outer Banks Association of REALTORS®

APN: 008164011