NOT LISTED FOR SALE

1518 Baileys Bay Rd Unit 10 Kill Devil Hills, NC 27948

Estimated Value: $563,368 - $1,814,000

3 Beds
5 Baths
2,012 Sq Ft
$515/mo HOA Fee

Last Sold September 29, 2022

Last sale price $539,000 $268 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $5,631/month

14 Days on Market

Highlights

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

About This Home

As of September 2022

Enjoy Single Family Living with tons of Maintenance Free advantages in this detached condo in the heart of Kill Devil Hills. This 3 bedroom, 3 full and 2 half bath, fully furnished property features high end finishes throughout and is located on the pond front offering beautiful sunsets looking towards the sound. Pull into your garage on the ground floor for dry entry and step into the ground level bonus room, which includes a half bath, and leads out to the patio and fenced in backyard perfect for grilling and entertaining. The second level has an open floor plan featuring a living room that extends onto a covered deck, and an adjoining dining area and kitchen with beautiful granite countertops. The kitchen features Wolf custom cabinetry with self close finishes, Kohler faucets, stainless steel Whirlpool appliances, super durable Karndean luxury vinyl tile flooring in the Van Gogh Collection, granite counter tops and a Daltile back splash. The top floor offers three Master Bedrooms featuring Shaw Clear Touch Polyester Loop carpet, each with private bathrooms that boast Granite countertops, Wolf Cabinetry, and Kohler fixtures. The master suites also include large walk-in closets, and one with a custom tiled step in shower. Devonshire Place is centrally located in Kill Devil Hills in the community of Bermuda Bay. Enjoy a stroll or bike ride to the Wright Brother’s Memorial, area shopping, schools, beaches and restaurants. You will also love the Elbow Beach Clubhouse, where you can relax and 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, and the HOA fees includes everything from Flood, Wind and Hazard Insurance on the buildings to almost all exterior maintenance from roof, painting, decking, fencing, and lawn care! (Homeowner are responsible to maintain backyard inside fenced in area).

Last Listed By

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 07/14/2022

Coldwell Banker Seaside Realty KH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,672

Year Built

  • Built in 2015

Lot Details

  • Home fronts a pond
  • Property fronts a private road
  • Fenced Yard
  • Landscaped
  • Sprinkler System

HOA Fees

  • $515 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 2,012 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Game Room
  • Carpet
  • Pond Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

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

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, grounds maintenance, management, pool, road maintenance, walkways
  • Good Management Association, Phone Number (866) 875-1383
  • 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

$2,672

Year Built

Built in 2015

Lot Details

0

HOA Fees

$515 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Craftsman, Coastal
  • Directions: Colington Road to Bermuda Bay Boulevard. Right onto Baileys Bay Road. Home on pond front.
  • Extras: Ceiling Fan(s), Covered Decks, Fenced Yard, Garage Door Opener, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Detached Condo - Heart of KDH
  • Heated Sq Ft: 2012
  • L V T Date: 07/14/2022
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Pondfront
  • Zoning: Res
  • Deed Book Pg Number: 0646
  • 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
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Kitchen: On Level: 1
  • Countertops: Granite
  • Floor Coverings: Carpet, Vinyl Tile
  • Foundation: Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite, Some Windows Treated
  • Dining Room: On Level: 1
  • Family Room: Bonus Room, On Level: Ground
  • Living Room: On Level: 1
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Pond

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Walkways
  • Condo Type: Detached
  • Association Amenities: Clubhouse, Health Club, Outdoor-Comm. Pool, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 6180
  • Hoa Contact: Good Management
  • HOA Contact: 866-875-1383

Lot Info

  • Lot Description: Level
  • Deed Book: 2148

Rental Info

  • Est Annual Rental Income: 56527
  • Estimated Rental Performance: 0.1049

Building Info

  • Year Built: 2015

Tax Info

  • Year: 2021
  • Taxes: 2672.33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 28, 2022
Sold by
Rizzo and Kenneth
Bought by
Lowman Monique A and Lowman Linda K
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Anna Mcmaster
Century 21 Nachman Realty
List Price
$549,000
Sold Price
$539,000
Premium/Discount to List
-$10,000
-1.82%
Total Days on Market
14
Current Estimated Value
$880,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,592
Avg. Annual Appreciation
20.78%
Original Mortgage
$431,200
Outstanding Balance
$378,096
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$502,496

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
Lowman Monique A $3,234,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lowman Monique A $431,200
Previous Owner Rizzo Kenneth John $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $539,000 -1.8% $268 / Sq Ft
07/28/2022 07/28/22 Pending -- -- --
07/14/2022 07/14/22 For Sale $549,000 +53.8% $273 / Sq Ft
08/12/2015 08/12/15 Sold $357,000 +4.1% $177 / Sq Ft
03/08/2015 03/08/15 Pending -- -- --
03/08/2015 03/08/15 For Sale $343,000 -- $170 / 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 $2,802 $370,900 $60,000 $310,900
2023 $1,485 $370,900 $60,000 $310,900
2022 $2,672 $370,900 $60,000 $310,900
2021 $1,316 $370,900 $60,000 $310,900
2020 $2,672 $370,900 $60,000 $310,900
2019 $1,971 $226,600 $35,000 $191,600
2018 $0 $226,600 $35,000 $191,600
2017 $1,928 $226,600 $35,000 $191,600
2016 $1,838 $226,600 $35,000 $191,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119693

Outer Banks Association of REALTORS®

APN: 008164013