NOT LISTED FOR SALE

1516 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $804,000 - $978,000

4 Beds
5 Baths
2,160 Sq Ft
$402/Sq Ft Est. Value

Last Sold March 28, 2019

Last sale price $435,000 $201 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $4,811/month

About This Home

As of March 2019

Looking for an affordable well maintained beach road home that has a solid proven 8.9% gross rental income?...$41,850. in 2018!...and $24,850 already booked as of 1/18/191...if you are…check out this home! Turn-key and virtually all of the major improvements are done! Two new 2017 Trane HVAC systems!...a new 2017 roof!...New 2017 hot tub!...and new water heater, dishwasher, washer and dryer..BONUS!...home inspection done and punch list completed!..The home has an open and very spacious great room with gas fireplace, vaulted ceilings, wood accent walls and extra-long dining table with ocean views to accommodate the whole family! Comfortable east and south facing sun decks…perfect for watching the ocean, sun bathing and picking crabs!...then move down for the evening/western sun at the private pool and new hot tub!...ideal after a day at the beach or for the little ones when the ocean is a little frosty. Inside the home has 3 master suites all with king beds…plus the 4th bedroom has quasi master bath…and the private loft has its own bath…the home feels and lives larger! And just 600 feet the first street beach access! Awesome central location…minutes to the Avalon pier, Awful Arthurs, Publix Market, Lowes and all of the great OBX restaurants and attractions. Must see to appreciate this beach road bargain

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Bender Phyllis
Bought by
Bender David
Current Estimated Value
$868,066

Purchase Details

Listed on
Aug 27, 2018
Closed on
Mar 28, 2019
Sold by
Hobson Lewis T and Hobson Ladelle S
Bought by
Bender David and Bender Stephen N
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Mark Pearson
Real Broker, LLC
List Price
$499,000
Sold Price
$435,000
Premium/Discount to List
-$64,000
-12.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$348,000
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
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
Bender David -- None Available
Bender David $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bender David $348,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2019 03/28/19 Sold $435,000 -6.5% $201 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
01/08/2019 01/08/19 Price Changed $465,000 -3.1% $215 / Sq Ft
09/26/2018 09/26/18 Price Changed $480,000 -3.8% $222 / Sq Ft
08/27/2018 08/27/18 For Sale $499,000 -- $231 / Sq Ft

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 $2,718 $469,500 $240,000 $229,500
2023 $3,597 $476,080 $240,000 $236,080
2022 $3,405 $472,544 $240,000 $232,544
2021 $3,405 $472,544 $240,000 $232,544
2020 $3,405 $472,544 $240,000 $232,544
2018 $3,773 $434,300 $251,600 $182,700
2017 $3,773 $434,300 $251,600 $182,700
2016 $3,596 $434,300 $251,600 $182,700
2014 $3,463 $434,300 $251,600 $182,700
Source: Public Records

Agents Affiliated with this Home

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