$309,850
SOLD MAY 30, 2018

1520 Baileys Bay Rd Unit 11 Kill Devil Hills, NC 27948

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

Recently Sold

$205 Per Sq Ft

2% Above List Price

304 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 2023

COMPLETED~NEW ST. GEORGE MODEL on the POND FRONT offering 'GROUND FLOOR LIVING'! SMART TV PACKAGE AND BLINDS PACKAGE INSTALLED and Included in asking price! 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 (steps to get to 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 FURNISHED BY EXOTIC HOME asking just $308,850! MAINTENANCE FREE SINGLE FAMILY DETACHED CONDOMINIUMS with highest qualify of Construction! KEES Vacation Rental Projection of $33,567+...see Associated Docs! Come experience Single Family Living with all of the Maintenance Free advantages of a condo in this stunning ST. GEORGE model at Devonshire Place! MAINTENANCE FREE LIVING with Association fees covering Flood, Wind and Hazard Insurance on the buildings AND almost all 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 our HOA dues to the insurance and pool expenses on other SF homes in the area (see our expense comparison in associated docs)...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 (MANY COLOR/FINISH OPTIONS!). 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 perhaps join your neighbors for socializing at the Elbow Beach 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 tons of equipment and several TV's. This is a fantastic opportunity to own an easy to maintain, BRAND NEW primary, 2nd home or investment property! Financing approved with Towne Bank with a $500 Closing Cost Credit!

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 06/23/2017

Coldwell Banker Seaside Realty KH

Co-Listed By

Charles Gill

Coldwell Banker Seaside Realty KH License #273660

Last Buyer's Agent

Jeff Kluger

Coldwell Banker Seaside Realty KH License #275932

Coldwell Banker Seaside Realty KH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $120

Year Built

  • Built in 2017

Lot Details

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

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,514 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Utility Room
  • Washer and Dryer Hookup
  • Pond Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

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 insurance, flood insurance, grounds maintenance, management, pool, road maintenance
  • Devonshire Place HOA, Phone Number (252) 480-4735
  • Built by Outer Banks Renovation & Const
  • Bermuda Bay Devonshire Place Subdivision

Recreation

  • Health Club
  • Community Pool

Additional Features

  • Clubhouse
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$120

Year Built

Built in 2017

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Craftsman, Coastal
  • Directions: W on Colington Road. Left on Bermuda Bay Blvd, right on Devonshire Rd. Follow down to Bailey's Bay Road. Homesite on the Pond front.
  • Extras: Ceiling Fan(s), Fenced Yard, Garage Door Opener, Landscaped, Lawn Sprinklers, Outside Lighting, Patio, Smoke Detector(s)
  • Flood Zone: AE
  • Headline: COMPLETED ~ ST. GEORGE MODEL
  • Heated Sq Ft: 1514
  • L V T Date: 06/23/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Pondfront
  • Zoning: RES
  • Deed Book Pg Number: 114
  • Major Subdivision: Bermuda Bay
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Kitchen: On Level: Ground
  • Countertops: Granite
  • Floor Coverings: Carpet, Wood Laminate
  • Foundation: Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ensuite, Washer Connection
  • Dining Room: On Level: Ground
  • Living Room: On Level: Ground
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Outer Banks Renovation & Const
  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Custom, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Pond

Garage/Parking

  • Garage: 1 Car, Attached
  • Garage Sq Ft: 232
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance
  • Condo Type: Detached
  • Association Amenities: Clubhouse, Health Club, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 5645
  • Hoa Contact: Devonshire Place HOA
  • HOA Contact: 252.480.4735

Lot Info

  • Lot Description: Level
  • Deed Book: 1955

Rental Info

  • Est Annual Rental Income: 33567
  • Estimated Rental Performance: 0.1083

Building Info

  • Year Built: 2017

Tax Info

  • Year: 2017
  • Taxes: 120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2023
Closed on
Jul 27, 2023
Sold by
Strack William and Strack Emily
Bought by
Elkhoury Semaan and Elkhoury Hiba J
Seller's Agent
Jayme Pilot
ROG OBX, Inc
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$569,900
Sold Price
$520,000
Premium/Discount to List
-$49,900
-8.76%
Views
241
Current Estimated Value
$499,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,689
Avg. Annual Appreciation
1.85%
Original Mortgage
$390,000
Outstanding Balance
$381,269
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$159,647

Purchase Details

Listed on
Mar 24, 2022
Closed on
May 19, 2022
Sold by
Anthony Braswell
Bought by
Strack William and Strack Emily
Seller's Agent
Sherrie Smith
Sherrie Smith Broker
Buyer's Agent
A Non Member
A Non Member
List Price
$460,000
Sold Price
$480,000
Premium/Discount to List
$20,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.90%

Purchase Details

Listed on
Mar 6, 2021
Closed on
May 3, 2021
Sold by
Hollenshead Shase S and Hollenshead Cindel M
Bought by
Braswell Anthony
Seller's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.87%
Original Mortgage
$351,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 23, 2017
Closed on
May 22, 2018
Sold by
Florida Obx 2 Llc
Bought by
Hollenshead Shase S and Hollenshead Cindel M
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
List Price
$302,500
Sold Price
$309,850
Premium/Discount to List
$7,350
2.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.14%
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 Type Sale Price Title Company
Warranty Deed $3,120,000 None Listed On Document
Warranty Deed $2,880,000 Dixon & Dixon Law Offices Pllc
Warranty Deed $390,000 Lawyers Title
Warranty Deed $310,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $390,000 New Conventional
Previous Owner $351,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2023 08/03/23 Sold $520,000 -8.8% $343 / Sq Ft
06/11/2023 06/11/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $569,900 +18.7% $376 / Sq Ft
05/23/2022 05/23/22 Sold $480,000 +4.3% $317 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/24/2022 03/24/22 For Sale $460,000 +17.9% $304 / Sq Ft
05/06/2021 05/06/21 Sold $390,000 -2.3% $258 / Sq Ft
03/18/2021 03/18/21 Pending -- -- --
03/06/2021 03/06/21 For Sale $399,000 +28.8% $264 / Sq Ft
05/30/2018 05/30/18 Sold $309,850 0.0% $205 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
03/06/2018 03/06/18 Price Changed $309,850 +0.3% $205 / Sq Ft
01/02/2018 01/02/18 Price Changed $308,850 +0.8% $204 / Sq Ft
10/09/2017 10/09/17 Price Changed $306,350 +1.3% $202 / Sq Ft
06/23/2017 06/23/17 For Sale $302,500 -- $200 / 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 $2,584 $331,200 $60,000 $271,200
2023 $2,584 $342,048 $60,000 $282,048
2022 $2,464 $342,048 $60,000 $282,048
2021 $2,464 $342,048 $60,000 $282,048
2020 $2,464 $342,048 $60,000 $282,048
2019 $1,931 $213,100 $35,000 $178,100
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 96888

Outer Banks Association of REALTORS®

APN: 008164014