NOT LISTED FOR SALE

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

Estimated Value: $596,619 - $761,000

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. 139% increase in value since last sale

Current estimated payment $4,316/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
$669,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,655
Avg. Annual Appreciation
7.16%
Original Mortgage
$224,000
Interest Rate
3.35%
Mortgage Type
New Conventional
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
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
    Section Image
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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 $669,655, approximately $581 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.

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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