NOT LISTED FOR SALE

1531 N Virginia Dare Trail Unit O-2 Kill Devil Hills, NC 27948

Estimated Value: $553,990 - $589,000

3 Beds
2 Baths
1,074 Sq Ft
$383/mo HOA Fee

Last Sold January 31, 2014

Last sale price $272,500 $254 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,702/month

274 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Outdoor Pool
  • First Flight Middle School Rated A-
  • Ocean View
  • Contemporary Architecture

About This Home

As of January 2014

Great Price, ready to SELL! 3 BEDROOM OCEANFRONT CONDO! Right in the middle of Kill Devil Hills. This spacious 2nd floor condo has tiled entry hall, kitchen, and wet bar area, and comes with awesome views of the waves breaking on the beach. There is easy access to all floors via the ELEVATOR. Best priced 3 bedroom condo on the market. Rent out or use as 2nd home. Golden Strand / Strand South are in the process of a major property renovation. Forward looking HOA voted a Special Assessment in 2013: hookup to central sewer system is complete (freeing up a large tract of land), and renovations to the exterior have begun. This will include new Hardiplank siding, new Simonton windows and Andersen sliders, repaving the parking lot and other upgrades. A WHOLE NEW LOOK FOR GOLDEN STRAND / STRAND SOUTH! See associated docs or call agent for additional details.

Last Agent to Sell the Property

Lauren Nelson

Keller Williams - Outer Banks License #212651 Listed on: 02/22/2013

Keller Williams - Outer Banks

Co-Listed By

Steve Clarke

Default, Office License #197019

Last Buyer's Agent

Madonna VanCuren

Coldwell Banker Seaside Realty - KDH License #136061

Coldwell Banker Seaside Realty - KDH

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,571

Year Built

  • Built in 1981

Lot Details

  • 1.6

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Lap Siding

Interior Spaces

  • 1,074 Sq Ft Home
  • Furnished
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Utilities

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

Additional Features

  • Sun Deck
  • Beach Front

Listing and Financial Details

  • Tax Block A

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, taxes, water
  • Strand South Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,571

Year Built

Built in 1981

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: MP 7 on Beach Road, just across the street from Goombays
  • Extras: Beach Access, Boardwalk to Beach, Common Laundry Area, Elevator, Outside Shower, Sun Deck
  • Subdivision Name: Strand South
  • Headline: super value!!
  • Heated Sq Ft: 1074
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Unit Level Number: O
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 155
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Ice Maker Connection, Ensuite

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool Type: Outdoor
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Taxes, Water
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 4600

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1674

Rental Info

  • Est Annual Rental Income: 19903
  • Estimated Rental Performance: 0.073
  • Rental Co: Sun Realty
  • Rental Cottage Number: TGS O-2
  • Rental Phone Number: 261-1152
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2012
  • Taxes: 1571.45

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2013
Closed on
Jan 31, 2014
Sold by
Brooks Thomas F and Brooks Thomas F
Bought by
Kuhn David Richard
Seller's Agent
Lauren Nelson
Keller Williams - Outer Banks
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$290,000
Sold Price
$272,500
Premium/Discount to List
-$17,500
-6.03%
Current Estimated Value
$575,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,248
Avg. Annual Appreciation
6.83%

Purchase Details

Closed on
Feb 7, 2006
Sold by
Itac 125 Llc
Bought by
Brooks Thomas F and Brooks Nancy

Purchase Details

Closed on
Jun 24, 2005
Sold by
Hunter William E and Hunter Helen D
Bought by
Brooks Thomas F and Brooks Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,500
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
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
Kuhn David Richard $272,500 None Available
Brooks Thomas F -- None Available
Brooks Thomas F $487,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brooks Thomas F $499,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2014 01/31/14 Sold $272,500 -6.0% $254 / Sq Ft
11/23/2013 11/23/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $290,000 -- $270 / 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 $3,339 $330,500 $220,000 $110,500
2023 $1,324 $334,920 $220,000 $114,920
2022 $3,217 $334,920 $220,000 $114,920
2021 $3,217 $334,920 $220,000 $114,920
2020 $3,217 $334,920 $220,000 $114,920
2019 $3,535 $289,100 $180,000 $109,100
2018 $0 $289,100 $180,000 $109,100
2017 $3,478 $289,100 $180,000 $109,100
2016 $3,361 $289,100 $180,000 $109,100
2014 $2,300 $289,100 $180,000 $109,100
Source: Public Records

Agents Affiliated with this Home

  • Lauren Nelson

    Seller's Agent in 2014

    Lauren Nelson

    Keller Williams - Outer Banks

    (252) 207-6504

    14 in this area

    56 Total Sales

    Lauren Nelson
    Section Image

  • S

    Seller Co-Listing Agent in 2014

    Steve Clarke

    Default, Office

  • Madonna VanCuren

    Buyer's Agent in 2014

    Madonna VanCuren

    Coldwell Banker Seaside Realty - KDH

    (252) 202-6702

    42 in this area

    134 Total Sales

    Madonna VanCuren
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77956

Outer Banks Association of REALTORS®

APN: 002765022

North Carolina Dare County Kill Devil Hills 27948

1531 N Virginia Dare Trail Unit O-2, Kill Devil Hills, NC

This home is located at 1531 N Virginia Dare Trail Unit O-2, Kill Devil Hills, NC 27948 since 22 February 2013 and is currently estimated at $575,748, approximately $536 per square foot. This property was built in 1981. 1531 N Virginia Dare Trail Unit O-2 is a home located in Dare County with nearby schools including Nags Head Elementary School, First Flight Middle School, and First Flight High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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