NOT LISTED FOR SALE

1633 N Virginia Dare Trail Unit A3- 18 Kill Devil Hills, NC 27948

Estimated Value: $501,252 - $527,000

2 Beds
2 Baths
980 Sq Ft
$524/Sq Ft Est. Value

Last Sold May 03, 2017

Last sale price $254,000 $259 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,392/month

349 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Covered Deck
  • First Flight Middle School Rated A-
  • Traditional Architecture
  • Walk-In Closet

About This Home

As of May 2017

Ocean front condo, fully renovated! Top corner unit which allows for unobstructed views of the beach and ocean. Rental income over $18,000 (summer months only). Substantial Dune that provides for a great barrier. Beach Nourishment project already approved and ready to start in the spring of 2017. This will add tremendous value. Luggage and grocery elevator currently being added to the building. The condo is being sold fully furnished! This unit has ceramic tile floors in the kitchen and bathrooms and laminate flooring throughout the remainder of the unit. The kitchen has new appliances, custom under counter lighting and back splash. New granite vanities in both bathrooms. Covered deck area.

Last Agent to Sell the Property

Susan Ayers

Home Zu License #216309 Listed on: 03/22/2016

Last Buyer's Agent

Kathy Samson

WatersEdge Realty License #278226

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,800

Year Built

  • Built in 1981

Lot Details

  • Beach Front

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Property Attached
  • Entry on the 3rd floor
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 980 Sq Ft Home
  • Entrance Foyer
  • Tile Flooring
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Built-In Range
  • Ice Maker
  • Dishwasher
  • Laminate Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Covered Deck
  • Storage Shed

Utilities

  • Central Air
  • Heating Available
  • Municipal Utilities District for Water and Sewer

Community Details

  • Association fees include building maintenance, common insurance, grounds maintenance, management
  • Admiral's View II Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,800

Year Built

Built in 1981

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Extras: Beach Access, Covered Decks, Smoke Detector(s), Storage Shed
  • Flood Zone: VE
  • Heated Sq Ft: 980
  • L V T Date: 03/22/2016
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0324
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Countertop Range, Disposal, Dishwasher, Range/Oven, Refrigerator, Refrigerator w/Ice Maker
  • Bedrooms: 2
  • Countertops: Laminate
  • Floor Coverings: Tile
  • Foundation: Masonry
  • Full Bathrooms: 2
  • Interior Amenities: Walk in Closet
  • Optional Rooms: Foyer

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Paved

Utilities

  • Cooling: Central
  • Heating: Electric
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Insurance, Grounds Maintenance, Management
  • Condo Type: Attached
  • Association Fee: Yes
  • Estimated Annual Fee: 5100

Lot Info

  • Lot Description: Beach Frontage
  • Deed Book: 1727

Rental Info

  • Other Expenses: 150000
  • Rental Co: Joe Lamb Realty
  • Rental Phone Number: 252-261-7724

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2015
  • Taxes: 2800

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2022
Sold by
Frey Thomas A
Bought by
Williams Edward and Williams Melinda
Current Estimated Value
$513,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$341,250
Outstanding Balance
$323,741
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$189,322

Purchase Details

Closed on
Jul 29, 2019
Sold by
Kramer Edward G and Kramer Raymond Barber
Bought by
Darden Thomas L and Hines-Darden Elizabeth

Purchase Details

Listed on
Mar 22, 2016
Closed on
Apr 14, 2017
Sold by
Kieponis Richard A and Passmore Tina M
Bought by
Fey Kathleen M Mangan and Fey Thomas A
Seller's Agent
Susan Ayers
Home Zu
Buyer's Agent
Kathy Samson
WatersEdge Realty
List Price
$269,900
Sold Price
$254,000
Premium/Discount to List
-$15,900
-5.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.52%

Purchase Details

Closed on
Apr 27, 2007
Sold by
Nelms Robert E and Nelms Diane
Bought by
Kleponis Richard A and Passmore Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Williams Edward $2,730,000 Gilreath James R
Darden Thomas L -- --
Fey Kathleen M Mangan -- None Available
Kleponis Richard A $295,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Edward $341,250
Previous Owner Kleponis Richard A $236,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2017 05/03/17 Sold $254,000 -5.9% $259 / Sq Ft
03/06/2017 03/06/17 Pending -- -- --
03/22/2016 03/22/16 For Sale $269,900 -- $275 / 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
2025 $3,214 $446,000 $215,000 $231,000
2024 $2,929 $287,300 $130,000 $157,300
2023 $2,923 $293,592 $130,000 $163,592
2022 $2,820 $293,592 $130,000 $163,592
2021 $2,820 $293,592 $130,000 $163,592
2020 $2,820 $293,592 $130,000 $163,592
2019 $2,942 $240,600 $150,000 $90,600
2018 $2,895 $240,600 $150,000 $90,600
2017 $2,895 $240,600 $150,000 $90,600
2016 $2,797 $240,600 $150,000 $90,600
2014 $1,914 $240,600 $150,000 $90,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91659

Outer Banks Association of REALTORS®

APN: 027590000