NOT LISTED FOR SALE

1801 S Virginia Dare Trail Unit 9/Lot A Kill Devil Hills, NC 27948

Estimated Value: $504,000 - $625,000

2 Beds
2 Baths
1,088 Sq Ft
$529/Sq Ft Est. Value

Last Sold March 16, 2016

Last sale price $215,000 $198 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $4,028/month

140 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Furnished
  • Community Beach Access
  • In Ground Pool
  • Wet Bar

About This Home

As of March 2016

The Breakers Condominium Complex has only 9 units, however it includes a 15' x 30' community pool for your enjoyment! This unit comfortably accommodates 6 people and has a spacious great room area. The safely lifeguarded beach access is only 30 yards from your door! Located at MP 9.5, this townhouse is centrally located to great dining, nightlife and shopping, thus it rents very well and has consistently for the past five years! There is an on-site laundry facility to wash those beach towels and bathing suits!

Last Agent to Sell the Property

Myra Ladd-Bone

Joe Lamb, Realty License #99435 Listed on: 10/15/2015

Co-Listed By

Barbara Gudoski

Atlantic Realty License #104070

Last Buyer's Agent

Cherie Beacham

Keller Williams - Outer Banks License #175316

Keller Williams - Outer Banks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,949

Year Built

  • Built in 1981

Lot Details

  • Beach Front

HOA Fees

  • $678 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Property Attached
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,088 Sq Ft Home
  • Wet Bar
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Built-In Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Sun Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, walkways
  • Adlam Mgmt. Association, Phone Number (252) 441-8857
  • Breakers Cond Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,949

Year Built

Built in 1981

Lot Details

0

HOA Fees

$678 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: MP 9.5 Oceanfront...southern most unit.
  • Extras: Beach Access, Boardwalk to Beach, Common Laundry Area, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: The Breakers Condominiums
  • Headline: OCEANFRONT SOUTH END UNIT!
  • Heated Sq Ft: 1088
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0034
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Countertop Range, Dishwasher, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: On Level: Ground
  • Bedroom 2: On Level: Ground
  • Kitchen: On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Walk in Closet, Wet Bar
  • Dining Room: On Level: 1
  • Living Room: On Level: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Spacious
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 8140
  • Hoa Contact: ADLAM Mgmt.
  • HOA Contact: 252-441-8857

Lot Info

  • Lot Description: Beach Frontage
  • Deed Book: 1577

Rental Info

  • Est Annual Rental Income: 22852
  • Estimated Rental Performance: 0.1063
  • Lease Terms: Weekly
  • Other Expenses: 130000
  • Rental Co: Atlantic Realty
  • Rental Cottage Name: Breakers Condo Unit 9
  • Rental Cottage Number: 822
  • Rental Phone Number: 252-449-5376
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2015
  • Taxes: 1949.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2015
Closed on
Mar 16, 2016
Sold by
Condrey William E and Condrey Edith B
Bought by
James John Thomas
Seller's Agent
Myra Ladd-Bone
Joe Lamb, Realty
Buyer's Agent
Cherie Beacham
Keller Williams - Outer Banks
List Price
$249,900
Sold Price
$215,000
Premium/Discount to List
-$34,900
-13.97%
Current Estimated Value
$575,915

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$360,915
Avg. Annual Appreciation
10.97%
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
James John Thomas $215,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2016 03/16/16 Sold $215,000 -14.0% $198 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $249,900 -- $230 / 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 $2,837 $368,100 $200,000 $168,100
2023 $2,832 $374,824 $200,000 $174,824
2022 $2,701 $374,824 $200,000 $174,824
2021 $2,701 $374,824 $200,000 $174,824
2020 $2,701 $374,824 $200,000 $174,824
2019 $2,087 $234,600 $130,000 $104,600
2018 $2,045 $234,600 $130,000 $104,600
2017 $2,041 $234,600 $130,000 $104,600
2016 $1,945 $234,600 $130,000 $104,600
2014 $1,873 $234,600 $130,000 $104,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89924

Outer Banks Association of REALTORS®

APN: 028139000