NOT LISTED FOR SALE

1611 N Virginia Dare Trail Unit 3 Kill Devil Hills, NC 27948

Estimated Value: $616,000 - $821,000

2 Beds
2 Baths
1,352 Sq Ft
$542/mo HOA Fee

Last Sold May 31, 2013

Last sale price $325,000 $240 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $4,762/month

1 Day on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Cathedral Ceiling
  • First Flight Middle School Rated A-
  • Ocean View
  • Attic

About This Home

As of May 2013

Beautifully updated and decorated oceanfront penthouse with spectacular ocean views from every room (except guest bathroom) and view of the Wright Memorial; three sun decks; Imagine having your morning coffee sitting on the large oceanfront deck! In the past few years, there have been new roll shutters, refrigerator, dishwasher, range, washer/dryer (in unit), flat screen LCD TV's (one with DVD), mattresses and box springs, fireplace, vinyl floors, deck furniture, living room and dining room furniture, area rugs along with many outside updates. This condo even has a pull-down ladder for access to storage space in the attic. These condos very rarely come up for sale and this one should be in Coastal Living Magazine!

Last Agent to Sell the Property

Nancy Bailey

Beach Realty & Construction License #219477 Listed on: 04/12/2013

Last Buyer's Agent

Jim Breashears

Beach Realty & Construction - Duck License #206744

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,802

Year Built

  • Built in 1985

Lot Details

  • Beach Front

HOA Fees

  • $542 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,352 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Vinyl Flooring
  • Ocean Views
  • Stacked Washer and Dryer
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Block B

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, road maintenance, sewer/septic, water
  • Scrimshaw Ii Subdivision

Recreation

  • Community Beach Access

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,802

Year Built

Built in 1985

Lot Details

0

HOA Fees

$542 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: From Bypass, turn E on 2nd St. Turn right at VA Dare Trl. Left to Scrimshaw II. Across from Goombays
  • Extras: Beach Access, Ceiling Fan(s), Outside Lighting, Smoke Detector(s), Sun Deck
  • Subdivision Name: Scrimshaw II Condos
  • Heated Sq Ft: 1352
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0282
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 2
  • Floor Coverings: Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Attic, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection, Electric Fireplace

Exterior Features

  • Construction: Wood
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Road Maintenance, Sewer/Septic, Water
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 6504

Lot Info

  • Lot Description: Beach Frontage
  • Deed Book: 1421

Rental Info

  • Est Annual Rental Income: 23000
  • Estimated Rental Performance: 0.0708
  • Lease Terms: Weekly
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Best View
  • Rental Cottage Number: 15N
  • Rental Phone Number: 252-441-7166
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2012
  • Taxes: 1802.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2013
Closed on
May 21, 2013
Sold by
Iron Court Inc
Bought by
Mcdermott David Eugene and Mcdermott Nancy Lynn
Seller's Agent
Nancy Bailey
Beach Realty & Construction
Buyer's Agent
Jim Breashears
Beach Realty & Construction - Duck
List Price
$325,000
Sold Price
$325,000
Total Days on Market
1
Current Estimated Value
$686,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$361,212
Avg. Annual Appreciation
6.47%
Original Mortgage
$243,750
Outstanding Balance
$175,398
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$515,144
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
Mcdermott David Eugene $325,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcdermott David Eugene $243,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2013 05/31/13 Sold $325,000 0.0% $240 / Sq Ft
04/13/2013 04/13/13 Pending -- -- --
04/12/2013 04/12/13 For Sale $325,000 -- $240 / 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 $4,414 $436,000 $250,000 $186,000
2023 $4,414 $443,440 $250,000 $193,440
2022 $4,259 $443,440 $250,000 $193,440
2021 $4,266 $443,440 $250,000 $193,440
2020 $4,259 $443,440 $250,000 $193,440
2019 $3,130 $254,600 $130,000 $124,600
2018 $3,080 $254,600 $130,000 $124,600
2017 $3,080 $254,600 $130,000 $124,600
2016 $2,976 $254,600 $130,000 $124,600
2014 $2,037 $254,600 $130,000 $124,600
Source: Public Records

Agents Affiliated with this Home

  • Nancy Bailey

    Seller's Agent in 2013

    Nancy Bailey

    Beach Realty & Construction

    (252) 207-1091

    45 Total Sales

    Nancy Bailey
    Section Image
  • Jim Breashears

    Buyer's Agent in 2013

    Jim Breashears

    Beach Realty & Construction - Duck

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78623

Outer Banks Association of REALTORS®

APN: 002780003

North Carolina Dare County Kill Devil Hills 27948

1611 N Virginia Dare Trail Unit 3, Kill Devil Hills, NC

This home is located at 1611 N Virginia Dare Trail Unit 3, Kill Devil Hills, NC 27948 since 12 April 2013 and is currently estimated at $686,212, approximately $507 per square foot. This property was built in 1985. 1611 N Virginia Dare Trail Unit 3 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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