NOT LISTED FOR SALE

1541 N Virginia Dare Trail Unit : F1 Kill Devil Hills, NC 27948

Estimated Value: $559,000 - $646,000

3 Beds
2 Baths
1,176 Sq Ft
$383/mo HOA Fee

Last Sold October 10, 2014

Last sale price $320,000 $272 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,800/month

667 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 October 2014

Ocean front Condo with Elevator - Great Views and ready to go - this one is sold fully furnished and has great rental income. Nice complex with elevator and this unit is situated in the middle - nice pool and play area for the kids - come take a look today before the summer rentals start - then you can only get in during the turn over day - solid renter! Owner does not rent until June at his request.

Last Agent to Sell the Property

Rosemarie Doshier

The Doshier Team OBX Realty License #112647 Listed on: 11/04/2012

Last Buyer's Agent

Daphne Degabrielle

Outer Banks Realty Group License #136949

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,567

Year Built

  • Built in 1981

Lot Details

  • 3.23

HOA Fees

  • $383 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 1,176 Sq Ft Home
  • Furnished
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

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

Additional Features

  • Outdoor Pool
  • Beach Front

Community Details

Overview

  • Association fees include building maintenance, management, pool
  • Golden Strand Subdivision

Recreation

  • Community Beach Access
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,567

Year Built

Built in 1981

Lot Details

0

HOA Fees

$383 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Beach Access
  • Headline: Ocean Front Condo w/ Elevator
  • Heated Sq Ft: 1176
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0200
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 3
  • Bedroom 1: Nice, On Level: 1
  • Bedroom 2: Nice, On Level: 1
  • Bedroom 3: Nice, On Level: 1
  • Kitchen: Combo, On Level: 1
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Dining Room: Combo, On Level: 1
  • Living Room: Nice Combo, On Level: 1

Exterior Features

  • Covered Deck Size: Yes
  • Pool: Yes
  • Pool: Association
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: Yes
  • View: Ocean

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Management, Pool
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 4600

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1782

Rental Info

  • Est Annual Rental Income: 25225
  • Estimated Rental Performance: 0.0788
  • Other Expenses: 180500
  • Other Expenses2: 7000
  • Rental Co: Sun Realty
  • Rental Cottage Name: Shirley D
  • Rental Cottage Number: GS-F1
  • Rental Phone Number: 252261152
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1981

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 1567

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2021
Sold by
Petrakis Paul Joseph and Petrakis Pamela L
Bought by
Pp & P Home Llc
Current Estimated Value
$593,918

Purchase Details

Listed on
Nov 4, 2012
Closed on
Oct 20, 2014
Sold by
Davis William J
Bought by
Petrakis Paul Joseph and Petrakis Pamela L
Seller's Agent
Rosemarie Doshier
The Doshier Team OBX Realty
Buyer's Agent
Daphne Degabrielle
Outer Banks Realty Group
List Price
$385,000
Sold Price
$320,000
Premium/Discount to List
-$65,000
-16.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
Original Mortgage
$170,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 15, 2008
Sold by
Riemke William J and Riemke Cheryl J
Bought by
Davis William J and Davis Shirley E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pp & P Home Llc -- None Available
Petrakis Paul Joseph $320,000 Attorney
Davis William J $395,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Petrakis Paul Joseph $170,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $320,000 -16.9% $272 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
11/04/2012 11/04/12 For Sale $385,000 -- $327 / 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 $3,551 $492,100 $220,000 $272,100
2024 $3,229 $320,000 $210,000 $110,000
2023 $1,282 $324,400 $210,000 $114,400
2022 $3,116 $324,400 $210,000 $114,400
2021 $3,116 $324,400 $210,000 $114,400
2020 $3,116 $324,400 $210,000 $114,400
2019 $3,743 $306,600 $200,000 $106,600
2018 $3,684 $306,600 $200,000 $106,600
2017 $3,684 $306,600 $200,000 $106,600
2016 $3,559 $306,600 $200,000 $106,600
2014 $2,436 $306,600 $200,000 $106,600
Source: Public Records

Agents Affiliated with this Home

  • Rosemarie Doshier

    Seller's Agent in 2014

    Rosemarie Doshier

    The Doshier Team OBX Realty

    (252) 305-3996

    6 in this area

    37 Total Sales

    Rosemarie Doshier
    Section Image
  • Daphne Degabrielle

    Buyer's Agent in 2014

    Daphne Degabrielle

    Outer Banks Realty Group

    (252) 475-4147

    4 in this area

    49 Total Sales

    Daphne Degabrielle
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76868

Outer Banks Association of REALTORS®

APN: 028059000

North Carolina Dare County Kill Devil Hills 27948

1541 N Virginia Dare Trail Unit : F1, Kill Devil Hills, NC

Not Listed for Sale

Condos

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