$240,000
SOLD NOV 10, 2014

1633 N Virginia Dare Trail Unit B-3 Kill Devil Hills, NC 27948

2 Beds
2 Baths
912 Sq Ft
$400/mo HOA Fee

Recently Sold

$263 Per Sq Ft

4% Below List Price

153 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Wood Flooring
  • First Flight Middle School Rated A-
  • Ocean View
  • Furnished

About This Home

As of October 2018

Top Floor, 2 Bedroom, Oceanfront condo, with commanding ocean & beach views from the decking, living room, and master bedroom. Very popular vacation property, producing high rental income of $20,000 annually. Furnished and accessorized, with hardwood and laminate floors throughout, updated kitchen, ready to use and enjoy. Private storage room on ground floor, and 13 SEER Carrier heat pump and air handler installed in 2013. Quality building and grounds, very well maintained and managed, with affordable dues, high hoa cash reserves in place, in great central location. Top floor provides commanding views & a quiet location with no one above! Very affordable oceanfront opportunity, with good consistent rental income, with room to improve. The most affordable true oceanfront condo on the market in the area! This is an affordable OBX opportunity, with the views, access, and income of the OCEANFRONT!

Last Agent to Sell the Property

Mark Massey

Outer Banks Realty Group License #188389 Listed on: 04/25/2014

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,769

Year Built

  • Built in 1981

Lot Details

  • Beach Front

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 912 Sq Ft Home
  • Furnished
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Deck
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • 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, cable, common electric, common insurance, flood insurance, grounds maintenance, management, sewer/septic
  • Admiral's View Ii Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,769

Year Built

Built in 1981

Lot Details

0

HOA Fees

$400 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: KDH, approx. milepost 7, just South of Second Street
  • Extras: Beach Access, Boardwalk to Beach, Common Laundry Area, Covered Decks, Storage Shed
  • Subdivision Name: Admirals View II
  • Headline: Commanding Views, $19k rents!
  • Heated Sq Ft: 912
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0137
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 2
  • Floor Coverings: Wood, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle, Tar/Gravel
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Parking Lot

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Sewer/Septic
  • Association Amenities: Ocean Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 4800

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1670

Rental Info

  • Est Annual Rental Income: 22417
  • Estimated Rental Performance: 0.0934
  • Lease Terms: Weekly
  • Rental Co: Stan White Realty & Const
  • Rental Cottage Name: Admirals View II B3
  • Rental Cottage Number: KDAB3
  • Rental Phone Number: 4411515
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2013
  • Taxes: 1769

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2018
Closed on
Oct 26, 2018
Sold by
Mcclanahan Larry G and Mcclanahan Lisa T
Bought by
Henline Valerie L
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Tamera Forshaw
Landmark Sotheby's International Realty
List Price
$279,000
Sold Price
$270,000
Premium/Discount to List
-$9,000
-3.23%
Total Days on Market
153
Current Estimated Value
$490,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,051
Avg. Annual Appreciation
9.45%

Purchase Details

Listed on
Apr 25, 2014
Closed on
Nov 5, 2014
Sold by
Kohler Richard and Kohler Sharon
Bought by
Mcclanahan Larry and Mcclanahan Lisa
Seller's Agent
Mark Massey
Outer Banks Realty Group
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$249,900
Sold Price
$240,000
Premium/Discount to List
-$9,900
-3.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.02%

Purchase Details

Closed on
Jan 5, 2006
Sold by
Rowe David S and Rowe Maria
Bought by
Kohler Richard and Kohler Sharon
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 Type Sale Price Title Company
Warranty Deed $270,000 --
Warranty Deed $240,000 Attorney
Warranty Deed $265,000 Chicago Title Insurance Comp
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2018 10/26/18 Sold $270,000 -3.2% $296 / Sq Ft
09/22/2018 09/22/18 Pending -- -- --
08/20/2018 08/20/18 For Sale $279,000 +16.3% $306 / Sq Ft
11/10/2014 11/10/14 Sold $240,000 -4.0% $263 / Sq Ft
09/25/2014 09/25/14 Pending -- -- --
04/25/2014 04/25/14 For Sale $249,900 -- $274 / 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 $3,009 $302,300 $145,000 $157,300
2023 $3,009 $302,300 $145,000 $157,300
2022 $2,904 $302,300 $145,000 $157,300
2021 $2,904 $302,300 $145,000 $157,300
2020 $2,904 $302,300 $145,000 $157,300
2019 $2,767 $230,600 $140,000 $90,600
2018 $2,723 $230,600 $140,000 $90,600
Source: Public Records

Agents Affiliated with this Home

  • Trisha Midgett

    Seller's Agent in 2018

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    1,305 Total Sales

    Trisha Midgett
    Section Image
  • Tamera Forshaw

    Buyer's Agent in 2018

    Tamera Forshaw

    Landmark Sotheby's International Realty

    (252) 489-0041

    11 Total Sales

    Tamera Forshaw
    Section Image
  • Mark Massey

    Seller's Agent in 2014

    Mark Massey

    Outer Banks Realty Group

    (252) 202-4335

    77 Total Sales

    Mark Massey
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 83404

Outer Banks Association of REALTORS®

APN: 027593000

North Carolina Dare County Kill Devil Hills 27948

1633 N Virginia Dare Trail Unit B-3, Kill Devil Hills, NC

This home is located at 1633 N Virginia Dare Trail Unit B-3, Kill Devil Hills, NC 27948 and is currently priced at $240,000, approximately $263 per square foot. This property was built in 1981. 1633 N Virginia Dare Trail Unit B-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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