NOT LISTED FOR SALE

1633 N Virginia Dare Trail Unit C2 Kill Devil Hills, NC 27948

Estimated Value: $496,000 - $531,000

2 Beds
2 Baths
912 Sq Ft
$561/Sq Ft Est. Value

Last Sold November 30, 2016

Last sale price $224,900 $247 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $3,387/month

446 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Furnished
  • First Flight Middle School Rated A-
  • Ocean View
  • Covered Deck

About This Home

As of November 2016

Middle unit on 2nd floor offers fantastic ocean views directly in front of the unit's deck. 2 bedrooms. Coin op laundry on site. Rental income is almost $21,000 and does better than some 3 rd floor units because of the better views. Saturday turnover when rented. No dune blocking your view on the 2nd floor. Beach nourishment this summer will add lots more beach.

Last Agent to Sell the Property

Tim Moore

Joe Lamb, Realty License #208639 Listed on: 08/29/2015

Last Buyer's Agent

L. Megan Gregory

OBX Life, LLC License #241061

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,625

Year Built

  • Built in 1981

Lot Details

  • Beach Front
  • Level Lot

HOA Fees

  • $425 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 2nd floor
  • Frame Construction
  • Piling Construction

Interior Spaces

  • 912 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Covered Deck

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, management, sewer/septic
  • Admiral's View II Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,625

Year Built

Built in 1981

Lot Details

0

HOA Fees

$425 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: At mile post 7.5 on the Beach Road. 2nd floor in the middle with the best ocean views. Lockbox on ground level on C2 storage locker door.
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Covered Decks
  • Flood Zone: VE
  • Subdivision Name: Admirial's View II C2
  • Headline: 2nd Floor - Grate Ocean Views
  • Heated Sq Ft: 912
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0387
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 2
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 2
  • Kitchen: On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Dining Room: On Level: 2
  • Family Room: On Level: 2
  • Living Room: On Level: 2

Exterior Features

  • Construction: Frame
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Management, Sewer/Septic
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 5100

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Deed Book: 1632

Rental Info

  • Est Annual Rental Income: 22800
  • Estimated Rental Performance: 0.1014
  • Other Expenses: 135000
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: For Sale
  • Rental Cottage Number: AV2-2C
  • Rental Phone Number: 261-4444
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2016
  • Taxes: 2625

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
Myers Michael T and Myers Cathy C
Bought by
717 Llc
Current Estimated Value
$511,929

Purchase Details

Listed on
Aug 29, 2015
Closed on
Dec 1, 2016
Sold by
Stone Calvin L and Stone Julia J
Bought by
Myers Michael T and Myers Cathy C
Seller's Agent
Tim Moore
Joe Lamb, Realty
Buyer's Agent
L. Megan Gregory
OBX Life, LLC
List Price
$267,900
Sold Price
$224,900
Premium/Discount to List
-$43,000
-16.05%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.72%

Purchase Details

Closed on
May 19, 2005
Sold by
Burns Kenneth L and Burns Marcia J
Bought by
Stone Calvin L and Stone Julia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
5.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
717 Llc -- --
Myers Michael T -- Attorney
Stone Calvin L $259,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stone Calvin L $207,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/30/2016 11/30/16 Sold $224,900 -16.1% $247 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
08/29/2015 08/29/15 For Sale $267,900 -- $294 / 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 $2,972 $292,300 $135,000 $157,300
2023 $1,171 $298,592 $135,000 $163,592
2022 $2,868 $298,592 $135,000 $163,592
2021 $2,868 $298,592 $135,000 $163,592
2020 $2,762 $298,592 $135,000 $163,592
2019 $2,762 $225,600 $135,000 $90,600
2018 $2,718 $225,600 $135,000 $90,600
2017 $2,718 $225,600 $135,000 $90,600
2016 $2,626 $225,600 $135,000 $90,600
2014 $1,801 $225,600 $135,000 $90,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89327

Outer Banks Association of REALTORS®

APN: 027594000