NOT LISTED FOR SALE

1625 N Virginia Dare Trail Unit 5 Kill Devil Hills, NC 27948

Estimated Value: $592,829 - $727,000

2 Beds
2 Baths
1,152 Sq Ft
$395/mo HOA Fee

Last Sold December 27, 2012

Last sale price $280,000 $243 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $4,244/month

24 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Contemporary Architecture
  • First Flight Middle School Rated A-
  • Ocean View
  • Hydromassage or Jetted Bathtub

About This Home

As of December 2012

This is a Scrimshaw I 2 bedroom unit with an extra room with twin beds. Rarely does one come on market in this small oceanfront building and they are kept for a long time by owners. Call quickly.

Last Agent to Sell the Property

Jim Breashears

Beach Realty & Construction - Duck License #206744 Listed on: 08/31/2012

Last Buyer's Agent

Sally Holt

Surfside Realty License #183933

Surfside Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,626

Year Built

  • Built in 1984

Lot Details

  • Beach Front

HOA Fees

  • $395 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,152 Sq Ft Home
  • Wet Bar
  • Furnished
  • Window Treatments
  • Ocean Views
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Cedar Closet
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Outdoor Features

  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

Overview

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

Recreation

  • Community Beach Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,626

Year Built

Built in 1984

Lot Details

0

HOA Fees

$395 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Beach Access, Covered Decks, Jet Tub, Outside Lighting
  • Subdivision Name: Scrimshaw Condos
  • Heated Sq Ft: 1152
  • Phase: 1
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0594
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 2
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cedar Closet(s), Dryer Connection, Washer Connection, Wet Bar

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Sewer/Septic
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 4740

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 0972

Rental Info

  • Est Annual Rental Income: 23907
  • Estimated Rental Performance: 0.0854
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Quarles 5D
  • Rental Cottage Number: 5D
  • Rental Phone Number: 252-441-7166
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1984

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 1626.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2012
Closed on
Dec 27, 2012
Sold by
Quarles John M and Quarles Betty Tesh
Bought by
Nelson Sharon E
Seller's Agent
Jim Breashears
Beach Realty & Construction - Duck
Buyer's Agent
Sally Holt
Surfside Realty
List Price
$275,000
Sold Price
$280,000
Premium/Discount to List
$5,000
1.82%
Total Days on Market
24
Current Estimated Value
$651,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$371,707
Avg. Annual Appreciation
7.41%
Original Mortgage
$224,000
Interest Rate
3.35%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Nelson Sharon E $1,680,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nelson Sharon E $289,340
Closed Nelson Sharon E $287,000
Closed Nelson Sharon E $30,000
Closed Nelson Sharon E $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2012 12/27/12 Sold $280,000 +1.8% $243 / Sq Ft
09/24/2012 09/24/12 Pending -- -- --
08/31/2012 08/31/12 For Sale $275,000 -- $239 / 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 $2,291 $481,600 $300,000 $181,600
2023 $4,794 $481,600 $300,000 $181,600
2022 $4,626 $481,600 $300,000 $181,600
2021 $4,626 $481,600 $300,000 $181,600
2020 $4,626 $481,600 $300,000 $181,600
2019 $3,260 $271,700 $150,000 $121,700
2018 $3,209 $271,700 $150,000 $121,700
2017 $3,209 $271,700 $150,000 $121,700
2016 $3,100 $271,700 $150,000 $121,700
2014 $2,122 $271,700 $150,000 $121,700
Source: Public Records

Agents Affiliated with this Home

  • Jim Breashears

    Seller's Agent in 2012

    Jim Breashears

    Beach Realty & Construction - Duck

    Section Image

  • S

    Buyer's Agent in 2012

    Sally Holt

    RE/MAX

    (252) 207-7979

    25 Total Sales

    Sally Holt
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76230

Outer Banks Association of REALTORS®

APN: 002775005

North Carolina Dare County Kill Devil Hills 27948

1625 N Virginia Dare Trail Unit 5, Kill Devil Hills, NC

This home is located at 1625 N Virginia Dare Trail Unit 5, Kill Devil Hills, NC 27948 since 31 August 2012 and is currently estimated at $651,707, approximately $565 per square foot. This property was built in 1984. 1625 N Virginia Dare Trail Unit 5 is a home located in Dare County with nearby schools including Nags Head Elementary School, First Flight Middle School, and First Flight High School.

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