NOT LISTED FOR SALE

1531 N Virginia Dare Trail Unit O-3 Kill Devil Hills, NC 27948

Estimated Value: $586,000 - $689,000

3 Beds
2 Baths
1,176 Sq Ft
$523/Sq Ft Est. Value

Last Sold September 17, 2015

Last sale price $329,900 $281 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,921/month

198 Days on Market

Highlights

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

About This Home

As of September 2015

Views galore from this penthouse 3 bedroom oceanfront condo! Load the luggage trolley, shoot up the elevator and unpack in one step! Inviting living area opens to covered deck overlooking the Atlantic. Master suite features 2 person jet tub with tile accents and handsome pedestal sink. Golden Strand/Strand South also features amenities including large pool with public restrooms and separate wading pool, colorful play ground, grill and picnic area and FREE on-site laundry facilities. The development is also just completing major exterior upgrades: replacing all windows & doors, and re-siding with cement fiber board.

Last Agent to Sell the Property

Jackie Ricks-Sample

Sun Realty - KDH License #47692 Listed on: 01/16/2015

Co-Listed By

Jackie O'Hara

Sun Realty - KDH License #153332

Last Buyer's Agent

Susan Sullivan

Sun Realty - Kitty Hawk / Currituck License #188897

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,609

Year Built

  • Built in 1984

Lot Details

  • Beach Front

HOA Fees

  • $383 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Property Attached
  • Entry on the 3rd floor
  • Frame Construction
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,176 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

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, water
  • Keen Realty Association, Phone Number (252) 441-7860
  • Strand South Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Playground
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,609

Year Built

Built in 1984

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: MP 7: On the oceanfront between Landing and First St. South building.
  • Extras: Beach Access, Boardwalk to Beach, Common Laundry Area, Covered Decks, Elevator, Jet Tub, Outside Lighting, Outside Shower
  • Flood Zone: VE
  • Headline: 3 Bedrooms with Elevator!
  • Heated Sq Ft: 1176
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 584
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 3
  • Bedroom 1: On Level: 3
  • Bedroom 2: 3
  • Bedroom 3: On Level: 3
  • Kitchen: On Level: 3
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Ice Maker Connection, Ensuite, Wet Bar
  • Dining Room: On Level: 3
  • Living Room: On Level: 3

Exterior Features

  • Construction: Frame
  • Covered Deck Size: Yes
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, 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, Water
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 4600
  • Hoa Contact: Keen Realty
  • HOA Contact: 252-441-7860

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 608

Rental Info

  • Est Annual Rental Income: 26610
  • Estimated Rental Performance: 0.0807
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Hobbs
  • Rental Cottage Number: TGS-O3
  • Rental Phone Number: 252-261-1152
  • Rental Turnover Day: Sun

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2014
  • Taxes: 1608.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2015
Closed on
Sep 17, 2015
Sold by
Hobbs G S
Bought by
Schweitzer Timothy W and Schweitzer Marie O
Seller's Agent
Jackie Ricks-Sample
Sun Realty - KDH
Buyer's Agent
Susan Sullivan
Sun Realty - Kitty Hawk / Currituck
List Price
$329,900
Sold Price
$329,900
Current Estimated Value
$614,513

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,613
Avg. Annual Appreciation
6.24%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schweitzer Timothy W -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2015 09/17/15 Sold $329,900 0.0% $281 / Sq Ft
08/02/2015 08/02/15 Pending -- -- --
01/16/2015 01/16/15 For Sale $329,900 -- $281 / 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
2025 $3,702 $513,400 $240,000 $273,400
2024 $3,443 $341,400 $230,000 $111,400
2023 $3,443 $345,856 $230,000 $115,856
2022 $3,322 $345,856 $230,000 $115,856
2021 $3,326 $345,856 $230,000 $115,856
2020 $3,322 $345,856 $230,000 $115,856
2019 $3,786 $310,000 $200,000 $110,000
2018 $3,732 $310,000 $200,000 $110,000
2017 $3,732 $310,000 $200,000 $110,000
2016 $3,600 $310,000 $200,000 $110,000
2014 $2,464 $310,000 $200,000 $110,000
Source: Public Records

Agents Affiliated with this Home

  • Jackie Ricks-Sample

    Seller's Agent in 2015

    Jackie Ricks-Sample

    Sun Realty - KDH

    (252) 202-8011

    19 in this area

    69 Total Sales

    Jackie Ricks-Sample
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jackie O'Hara

    Sun Realty - KDH

    (252) 619-8111

    14 in this area

    51 Total Sales

    Jackie O'Hara
    Section Image
  • Susan Sullivan

    Buyer's Agent in 2015

    Susan Sullivan

    Sun Realty - Kitty Hawk / Currituck

    (252) 267-6467

    5 in this area

    107 Total Sales

    Susan Sullivan
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86395

Outer Banks Association of REALTORS®

APN: 002765023

North Carolina Dare County Kill Devil Hills 27948

1531 N Virginia Dare Trail Unit O-3, Kill Devil Hills, NC

Not Listed for Sale

MultiFamily

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