NOT LISTED FOR SALE

1614 S Virginia Dare Trail Kill Devil Hills, NC 27948

Kill Devil Hills Area

Estimated Value: $1,276,000 - $1,459,000

6 Beds
5.5 Baths
3,300 Sq Ft
$422/Sq Ft Est. Value

Sale Details

Date Sold: June 10, 2016

Last sale price $585,000 $177 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $8,002 / mo

147 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean Front
  • Contemporary Architecture
  • Whirlpool Bathtub

About This Home

As of June 2016

ELEVATOR TO ALL 3 LEVELS ... POOL, TIKI BAR, HOT TUB (NEW MAY 2015!), SPACIOUS GAME ROOM, HUGE FAMILY ROOM - LOTS OF SPACE TO ENTERTAIN *** REALLY NICE SEMI-OCEANFRONT HOME - HAS IT ALL! 6 BEDROOMS, 5.5 BATHS, EAT-IN KITCHEN, BREAKFAST BAR, SPACIOUS DINING AREA & SCREENED PORCH FOR SEATING *** SPACIOUS HALLWAYS *** NICE ENTRY FOYER, MULTIPLE MASTER BEDROOMS, PRIVATE BALCONIES *** BEAUTIFUL TILE FLOORS IN BATHS, KITCHEN, GAME ROOM & LARGE LAUNDRY ROOM ** HUGE GAME ROOM WITH MINI KITCHEN, 2 TV'S & MASSIVE (REALLY LARGE!) BATHROOM - ALL TILE FLOORS IN THIS AREA FOR PEOPLE COMING & GOING TO THE FABULOUS POOL IN THE BACK YARD! POOL FEATURES TIKI-BAR W/ BAR STOOLS - JUST ADD A CEILING FAN, ELEVATED TV & MINI-FRIDGE TO MAKE IT COMPLETE ... AND MAYBE A LITTLE THATCH GRASS OVERHANG! HOME FEATURES BUILT-IN ENTERTAINMENT CENTER, GAS FIREPLACE, HIGH CEILINGS, RECESSED ACCENT LIGHTING & UPGRADED FURNISHINGS *** HOME IS LOCATED IN CENTRAL PART OF KILL DEVIL HILLS CLOSE TO EVERYTHING IN THE HEART OF THE BEACH! GREAT BEACH ACCESS AT SOUTH END OF RAMADA *** EXCELLENT RENTALS - HAS CONSISTENTLY PRODUCED IN THE MID-HIGH $50'S *** SATURDAY TURNOVER *** CALL FOR CURRENT YEAR RENT SCHEDULE & RENT HISTORY REPORTS. *** NEW CARPET & SOME NEW FURNISHINGS 2012, NEW KING MATTRESSES 2015! *** HOME FEATURES EVERYTHING YOU NEED ... ELEVATOR, SCREEN PORCH, GAME ROOM, 6 BEDROOMS (MULTIPLE MASTERS), POOL, HOT TUB (NEW MAY 2015), TIKI BAR, BEACH ACCESS & VIEWS! FABULOUS WEEKLY VACATION RENTAL HOME *** HOME IS CENTRALLY LOCATED TO FABULOUS NEARBY RESTAURANTS & SHOPPING AND PLACES TO ENJOY SUMMER FUN! WRIGHT BROTHERS MONUMENT AND PARK JUST A FEW MINUTES TO THE NORTH * OREGON INLET AND BOAT RAMPS TO ACCESS TO THE SOUND JUST MINUTES TO THE SOUTH ... AND VERY CLOSE BY YOU WILL FIND MULTIPLE FISHING PIERS *** THERE IS A SIDEWALK WHICH RUNS ALONG THE BEACH ROAD FOR MILES - GREAT FOR WALKING, RUNNING OR BIKING! *** 2014 GROSS RENTS $55,120! ... (NOTE: NEW OWNER MAY WANT TO CONSIDER RENTING "WITH" PETS ... THIS WOULD BRING THE GROSS RENTS INTO THE NEIGHBORHOOD OF $65K TO $70K ... FOR A 10%-11% RETURN BASED ON OTHER NEARBY SIMILAR HOMES!) *** 2015 RENTS YTD AT $50,000 (IF YOU ADD BACK IN RENTABLE SUMMER WEEKS SELLERS USED THE GROSS RENTS 2015 WOULD BE IN THE $55,000 RANGE!) *** SOLID 9% RETURN *** FABULOUS HOME, FULLY FURNISHED & IN GREAT CONDITION/LOCATION *** THIS HOME HAS IT ALL & IS AN EXCELLENT VALUE - DO NOT OVERLOOK THIS HOME! COME SEE!

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 12/23/2015

Coldwell Banker Seaside Realty KH

Co-Listed By

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,538

Year Built

  • Built in 2003

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Ocean Front
  • Level Lot

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,300 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot 172-173

Community Details

Overview

  • Ocean Acres Inc Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,538

Year Built

Built in 2003

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: On Beach Road across from the Ramada Inn.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Security System, Smoke Detector(s), Sun Deck, Whirlpool/Spa, Tiki Bar, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: Ocean Acres
  • Headline: POOL/TIKI *SEMI-OF * ELEVATOR!
  • Heated Sq Ft: 3300
  • L V T Date: 12/23/2015
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R
  • Deed Book Pg Number: 453
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Bedroom 1: MASTER, On Level: 3
  • Bedroom 2: MASTER, On Level: 2
  • Bedroom 3: TWINS, On Level: 2
  • Bedroom 4: DOUBLE, On Level: 2
  • Bedroom 5: NICE!, On Level: 2
  • Bedroom 6: NICE!, On Level: 2
  • Kitchen: EAT-IN, On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Dining Room: LARGE-OPEN, On Level: 3
  • Family Room: GAME ROOM!, On Level: 1
  • Game Room: SPACIOUS!, On Level: 1
  • Living Room: SPACIOUS!, On Level: 3
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: FRONT!
  • Exterior: Lap Siding, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: OFF KITCHE
  • Street Frontage: 50
  • Sun Deck Size: 4 DECKS
  • View: Ocean

Garage/Parking

  • Garage: 3 + Car, Attached
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Home Owner Dwelling Insurance: 4072

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 50 X 150
  • Lot Number: Lot 172-173
  • Deed Book: 1680

Rental Info

  • Est Annual Rental Income: 54815
  • Estimated Rental Performance: 0.0937
  • Lease Terms: Weekly
  • Other Expenses: 251600
  • Poolspa Expense: 2000
  • Rental Co: Sun Realty
  • Rental Cottage Name: The Getaway
  • Rental Cottage Number: SHS-7
  • Rental Phone Number: 252-441-7033
  • Rental Turnover Day: Sat
  • Annual Cable TV Expense: 2340
  • Annual Electric: 3240
  • Annual Telephone Expense: 372
  • Annual Water Expense: 1800

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2015
  • Taxes: 5537.96

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 23, 2015
Closed on
Jun 10, 2016
Sold by
Bought by
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$624,500
Sold Price
$585,000
Premium/Discount to List
-$39,500
-6.33%
Current Estimated Value
$1,392,770

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$807,770
Avg. Annual Appreciation
8.98%

Purchase Details

Closed on
Apr 7, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$679,920
Interest Rate
0.065%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 17, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
0.055%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$585,000 None Available
$850,000 None Available
$900,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $320,739
Previous Owner $679,920
Previous Owner $640,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $585,000 -6.3% $177 / Sq Ft
05/18/2016 05/18/16 Pending -- -- --
12/23/2015 12/23/15 For Sale $624,500 -- $189 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,329 $1,317,400 $468,800 $848,600
2024 $5,333 $686,200 $240,000 $446,200
2023 $2,748 $704,048 $240,000 $464,048
2022 $5,073 $704,048 $240,000 $464,048
2021 $5,073 $704,048 $240,000 $464,048
2020 $5,073 $704,048 $240,000 $464,048
2019 $5,942 $662,400 $251,600 $410,800
2018 $5,811 $662,400 $251,600 $410,800
2017 $5,829 $662,400 $251,600 $410,800
2016 $5,538 $662,400 $251,600 $410,800
2014 $5,333 $662,400 $251,600 $410,800
Source: Public Records

Agents Affiliated with this Home

  • John Leatherwood

    Seller's Agent in 2016

    John Leatherwood

    Coldwell Banker Seaside Realty KH

    (252) 202-3834

    119 Total Sales

    John Leatherwood
    Section Image
  • Lisa Strydom

    Seller Co-Listing Agent in 2016

    Lisa Strydom

    Coldwell Banker Seaside Realty KH

    (252) 489-1980

    38 Total Sales

    Lisa Strydom
    Section Image
  • Hugh Willey

    Buyer's Agent in 2016

    Hugh Willey

    Sun Realty - KDH

    (252) 489-8491

    51 Total Sales

    Hugh Willey
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90591

Outer Banks Association of REALTORS®

APN: 008286012

North Carolina Dare County Kill Devil Hills 27948

1614 S Virginia Dare Trail, Kill Devil Hills, NC

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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