$937,500
SOLD JAN 24, 2025

1601 N Virginia Dare Trail Unit 202 Kill Devil Hills, NC 27948

3 Beds
2 Baths
1,973 Sq Ft
2.66 Acres

Recently Sold

$475 Per Sq Ft

6% Below List Price

81 Days on Market

Highlights

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

About This Home

As of January 2025

Very rare Luxury Oceanfront Condo, in the prestigious Crystal Shores Condo complex....that lives like a HOME, with it's large and comfortable 1,973 sf, 3 bd, 2 ba design, offering amazing ocean, beach, & surf zone views from this elevated 2nd level location, very well cared for and beautifully remodeled in 2022, with stylish furnishings & décor, and providing high rental income if desired ($75k projected annual owner rents). Lot's of value here on the Oceanfront with pool, elevator, garage. The Crystal Shores community provides a quiet 15 unit setting, 30' wide penthouse style condos, a community pool, elevator, parking garage with reserve parking, dune top deck, of course direct beach access, all centrally located! If you haven't seen these unique condos in Crystal Shores, you owe it to yourself to check out this well kept secret. You'll find plenty of room for all on the 30' wide private & covered oceanfront decking, with beautiful views and ample high quality 'Polywood' composite deck furniture, which flows in and out of the home easily. Inside, you will find an opulent design, with a bright, open, and comfortably sized great room, featuring 9' ceilings, modern electric fireplace, extra built in's and cabinetry, shiplap and tongue and groove accents, and amazing ocean views through the 20 linear feet of 8' high oceanfront impact sliders and windows! Ocean views from the connected dining & kitchen areas as well, and from the large main primary bedroom, also with 8' high oceanfront impact slider and glass, walk-in closet, and custom ensuite bath. 2 comfortable sized bedrooms (1K, 2T), full hall bath, dedicated interior laundry room, and lots of owners storage round out this floor. This is a very comfortable and stylish floorplan, diagram in photos. Very well cared for, with comprehensive 2022 remodel & updates, including modern upscale custom kitchen with granite counter tops, coffee bar, unique tile backsplash, high quality cabinets, stainless steel appliances, updated bathrooms with granite vanities & custom tile showers, LVP flooring, electric fireplace, ample electronics package (4 TV's), attractive furnishings, décor, and window treatments,....too many to list, must see to appreciate. Great kitchen re-design upon remodeling creates dramatic ocean views upon immediate entrance to the home. Additionally, with 2015 oceanfront glass and sliders, 2022 HVAC system, 2023 water heater, all modern high quality appliances, among many other upgrades, & offered fully furnished, with clean & well stocked kitchen, and clean, clean, clean interior.......one can just bring their luggage and enjoy. This is a rare opportunity within the exclusive and closely held Crystal Shores community, with many long term and 2nd home owners, ahead of it's time design, offering a strong & sturdy concrete structure, parking garage with reserved space, large garage area owners storage room that is very convenient and plenty big for bikes, beach chairs, surfboards and more. Take advantage of this unique opportunity and secure for the 2025 season, to enjoy for personal use, and/or personal use along lucrative annual vacation rental income. This is a very popular vacation rental, always excellent guest feedback, with high income potential. The homeowners enjoy the home personally, making only 7 weeks available in 2024, rental reports and rental projections in associated docs. Existing rental income based on very limited availability, and there are great rental histories within the community. Professionally run HOA with solid financials. At this size, with it's amenities, and the 'ease of ownership' a condo can provide, you may find this superior to other Oceanfront, or off-ocean, home options in it's price range. This property will be a pleasure to show & own. Additional photos, cut and paste: https://www.mylisting.cloud/sites/xaxeamp/unbranded

Last Agent to Sell the Property

Mark Massey

Outer Banks Realty Group License #188389 Listed on: 09/12/2024

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction License #141499

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,980

Year Built

  • Built in 1988

Home Design

  • Coastal Architecture
  • Masonry Perimeter Foundation
  • Rubber Roof
  • Masonry

Interior Spaces

  • 1,973 Sq Ft Home
  • Wet Bar
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • Reserved Parking

Utilities

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

Additional Features

  • Gunite Pool
  • Beach Front

Listing and Financial Details

  • Tax Block B

Community Details

Overview

  • Association fees include building maintenance, cable TV, electricity, common insurance, ground maintenance, management, other-see remarks, pool, sewer/septic, water, walkways
  • Crystal Shores Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,980

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Directions: Central KDH, just South of First Street, across from Goombay's Restaurant.
  • Headline: 1,973 sf, Remodeled, Views!
  • Section: 1
  • Zoning: OIR
  • PropertySubType: Condominium
  • PropertyType: Residential
  • ResoLotFeatures: Beach Frontage, Waterfront
  • Road Surface Type: Paved, Public
  • View Type:Pond View: Ocean
  • Ownership: Owned More than 12 Months
  • MLS Status: (21) Sold - Sold CO OP by Member
  • Subdivision Name: Crystal Shores
  • Architectural Style: Coastal
  • ResoRoomType: Utility Room
  • Pool_Type: Association
  • Condo_Type: Attached
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
  • Interior Amenities: Wet Bar, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool: Yes
  • Roof: Asphalt, Rubber
  • Pool Features: Association, Gunite, Outdoor Pool
  • Waterfront Features: Ocean Front
  • Construction Type: Masonry
  • Foundation Details: Masonry
  • Exterior: Block,Shakes

Garage/Parking

  • Parking Features: Garage, Reserved, Underground

Utilities

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable TV, Electricity, Common Insurance, Maintenance Grounds, Management, Other-See Remarks, Pool, Sewer/Septic, Water, Walkways
  • Association Amenities: Board Walk, Common Area, Ocean Access, Outdoor-Comm. Pool

Lot Info

  • Lot Size: 200 x 500

Building Info

  • Year Built: 1988

Tax Info

  • Year: 2024
  • Tax Annual Amount: 5980.0
  • Tax Block: B

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2024
Closed on
Jan 24, 2025
Sold by
Hastings James M and Hastings Patricia D
Bought by
Donato Edward A and Donato Alpa Patel
Seller's Agent
Mark Massey
Outer Banks Realty Group
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$995,000
Sold Price
$937,500
Premium/Discount to List
-$57,500
-5.78%
Views
29
Current Estimated Value
$928,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,307
Avg. Annual Appreciation
-1.46%
Original Mortgage
$750,000
Outstanding Balance
$745,517
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$182,676

Purchase Details

Listed on
Jun 14, 2013
Closed on
Oct 29, 2013
Sold by
Edwards Miles Randolph and Edwards Susan Beams
Bought by
Hastings James M and Hastings Patricia D
Seller's Agent
Myra Ladd-Bone
Joe Lamb, Realty
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$585,000
Sold Price
$560,000
Premium/Discount to List
-$25,000
-4.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.71%
Original Mortgage
$392,000
Interest Rate
4.33%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 $937,500 None Listed On Document
Warranty Deed $937,500 None Listed On Document
Warranty Deed $560,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $750,000 New Conventional
Closed $750,000 New Conventional
Previous Owner $392,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/24/2025 01/24/25 Sold $937,500 -3.3% $475 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
11/20/2024 11/20/24 Price Changed $969,000 -2.6% $491 / Sq Ft
09/12/2024 09/12/24 For Sale $995,000 +77.7% $504 / Sq Ft
11/15/2013 11/15/13 Sold $560,000 -4.3% $292 / Sq Ft View Prior Sale
10/04/2013 10/04/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $585,000 -- $305 / 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 $5,980 $587,400 $285,000 $302,400
2023 $5,968 $599,496 $285,000 $314,496
2022 $5,758 $599,496 $285,000 $314,496
2021 $5,758 $599,496 $285,000 $314,496
2020 $5,758 $599,496 $285,000 $314,496
2019 $6,521 $534,200 $350,000 $184,200
2018 $6,428 $534,200 $350,000 $184,200
2017 $6,428 $534,200 $350,000 $184,200
2016 $6,200 $534,200 $350,000 $184,200
2014 $4,243 $534,200 $350,000 $184,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 126928

Outer Banks Association of REALTORS®

APN: 002781007