NOT LISTED FOR SALE

1801 S Virginia Dare Trail Unit 7/Lot A Kill Devil Hills, NC 27948

Estimated Value: $528,883 - $624,000

2 Beds
2 Baths
1,076 Sq Ft
$523/Sq Ft Est. Value

Last Sold September 28, 2020

Last sale price $325,000 $302 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $3,990/month

62 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Cathedral Ceiling
  • Community Beach Access
  • Outdoor Pool
  • Furnished

About This Home

As of September 2020

YOU WILL WANT TO SEE THIS BEAUTIFUL OCEANFRONT CONDO! Prime location in Kill Devil Hills, one of the best protected beaches. The entire Breakers Condos were just remodeled and updated to include cement board siding, new roof, new windows and new sliding glass doors, new decks, steps, walkways, community decking areas, the list goes on and on. BR7, Foster, The Breakers, has been lovingly maintained throughout the years and recently updated bathrooms with new vanities, tile flooring and new hot water heater. This end unit (north) has ocean views, very comfortable and roomy condo with large closets, quiet bedroom areas on lower level, and great views from the top floor living area. There is a laundry area on the complex site and also a storage closet for every unit. Wonderful salt water pool with large pool deck area and dune deck area for entertaining. Centrally located area provides numerous restaurants and shops within easy walking distance. This condo has had consistent rental income bringing in almost $32,000 in 2019. This year last minute bookings after the pandemic total almost $15,000 as of 5/23/20. There was not any rental income for 2017 due to total remodel of condo complex.

Last Agent to Sell the Property

Cherie Beacham

Keller Williams - Outer Banks License #175316 Listed on: 05/22/2020

Keller Williams - Outer Banks

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,081

Year Built

  • Built in 1981

Lot Details

  • Beach Front

HOA Fees

  • $599 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Reverse Style Home
  • Property Attached
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,076 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Skylights
  • Window Treatments
  • Ocean Views
  • Laundry Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Sun Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, common insurance, flood insurance, management, pool, sewer/septic, walkways
  • Village Realty Assoc Mgt Association, Phone Number (800) 441-8533
  • Breakers Cond Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,081

Year Built

Built in 1981

Lot Details

0

HOA Fees

$599 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Just south of Ramada Inn
  • Extras: Beach Access, Boardwalk to Beach, Outside Lighting, Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: The Breakers Condo
  • Headline: Beautiful Oceanfront
  • Heated Sq Ft: 1076
  • L V T Date: 05/23/2020
  • Roads: Public
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 25657
  • Deed Book Pg Number: 0226
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Vinyl
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Skylight, Walk in Closet, Wet Bar, 1st Flr Ensuite

Exterior Features

  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Insurance, Flood Insurance, Management, Pool, Sewer/Septic, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 7192
  • Hoa Contact: Village Realty Assoc Mgt
  • HOA Contact: Emily Lewis 800-441-8533

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1886

Rental Info

  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Foster, The Breakers
  • Rental Cottage Number: BR7
  • Rental Phone Number: 252-261-5500
  • Rental Turnover Day: Sat
  • Rental Contact Email: mrussell@seasiderealty.com
  • Rental Contact Name: Michelle Russell
  • Rental Contact Phone: 252-261-5500

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2019
  • Taxes: 2081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Sep 29, 2020
Sold by
Foster Robert U and Foster Barbara L
Bought by
Williams Jesse D
Seller's Agent
Cherie Beacham
Keller Williams - Outer Banks
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%
Total Days on Market
62
Current Estimated Value
$562,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,971
Avg. Annual Appreciation
11.99%
Original Mortgage
$298,500
Outstanding Balance
$269,665
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$282,372

Purchase Details

Closed on
Dec 14, 2011
Sold by
Richardson Everett S and Richardson Vera M
Bought by
Foster Robert U and Foster Barbara L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,991
Interest Rate
4.06%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 2010
Sold by
Xanten Migiel F
Bought by
Foster Robert U and Foster Barbara L
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
Williams Jesse D $325,000 None Available
Foster Robert U $86,000 None Available
Foster Robert U $90,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Jesse D $298,500
Previous Owner Foster Robert U $85,991
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2020 09/28/20 Sold $325,000 -7.1% $302 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $349,900 -- $325 / 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 $2,767 $359,900 $200,000 $159,900
2023 $2,767 $366,296 $200,000 $166,296
2022 $2,639 $366,296 $200,000 $166,296
2021 $2,639 $366,296 $200,000 $166,296
2020 $2,639 $366,296 $200,000 $166,296
2019 $2,081 $234,000 $130,000 $104,000
2018 $2,035 $234,000 $130,000 $104,000
2017 $2,035 $234,000 $130,000 $104,000
2016 $1,940 $234,000 $130,000 $104,000
2014 $1,868 $234,000 $130,000 $104,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109398

Outer Banks Association of REALTORS®

APN: 028137000