NOT LISTED FOR SALE

1833 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $1,988,000 - $2,095,000

4 Beds
3 Baths
3,009 Sq Ft
$680/Sq Ft Est. Value

Sale Details

Date Sold: July 5, 2018

Last sale price $950,000 $316 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $12,077 / mo

37 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Cathedral Ceiling
  • First Flight Middle School Rated A-
  • Contemporary Architecture
  • Main Floor Bedroom

About This Home

As of July 2018

Welcome to the "Drake Escape". This classic oceanfront contemporary in the heart of Kill Devil Hills is situated on two awesome oceanfront lots, offering one of the most stunningly beautiful views of the Atlantic Ocean available on the Outer Banks. Elevation captures views of the ocean from every room on the first floor. Upstairs loft has breathtaking views of the beach and Avalon Pier with unobstructed views to the northeast. Owners have kept this second home maintained for family to enjoy for many years. The spacious entry leads to a large great room with wood burning fireplace and cathedral ceilings and dining room for large family gatherings. Enjoy views of the sunrise every morning from the open decks while enjoying a cup of coffee listening to the waves break along the shore. The kitchen has been painted recently with bright and airy colors and is in great condition offering newer refrigerator and range, oven and original dishwasher and walk in pantry; kitchen windows have been replaced. The hallway to the south offers two master suites on right side of the home which makes it private for the adults and two bedrooms on the north side with a bath in between to share for the kids. Laundry in hallway with newer washer and dryer. The exterior offers cedar shake with Andersen casement windows. The windows in the loft have been recently replaced. House has central heat and air and has two zones for your comfort. AC updates will be listed shortly. Utility at ground level. House numbers read 1831 N Virginia Dare Trail. Property sold "AS IS" condition. Seller welcomes home inspections but will not make any repairs due to property being an estate sale. Sold furnished with exclusion list.

Last Agent to Sell the Property

Kathy Sawyer

Village Realty Holdings, LLC - License #88741 Listed on: 02/13/2018

Last Buyer's Agent

Eric Avery

Corolla Beach Realty License #263535

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,891

Year Built

  • Built in 1978

Lot Details

  • Beach Front
  • Irregular Lot

Parking

  • Tuck Under Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,009 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Loft
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Outdoor Shower

Utilities

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

Community Details

  • Croatan Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 3 & 4 / D

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,891

Year Built

Built in 1978

Lot Details

0.28 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: From HWY 158 Turn East onto Fifth Street. Go right onto N Virginia Dare Trail. House will be on left across from Jolly Roger Restaurant about 6.5 MP
  • Extras: Outside Shower, Security System, Smoke Detector(s)
  • Subdivision Name: Croatan Shores Amended
  • Headline: Classic Contemporary
  • Heated Sq Ft: 3009
  • L V T Date: 02/13/2018
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 389
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Kitchen: On Level: 1
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar, Wood Fireplace, 1st Flr Ensuite
  • Dining Room: On Level: 1
  • Living Room: On Level: 1
  • Optional Rooms: Loft, Pantry
  • Optional Room 1: Loft, On Level: 2

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1652

Lot Info

  • Lot Description: Beach Frontage, Irregular Terrain, Water Frontage
  • Lot Faces: East
  • Lot Number: Lot 3 & 4
  • Deed Book: WB 17E

Rental Info

  • Flood Expenses: 792
  • Other Expenses: 645100

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2017
  • Taxes: 9891

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2018
Closed on
Jun 22, 2018
Sold by
Lee Sara G and Lee David S
Bought by
Chung Jun K and Chung Kim J
Seller's Agent
Kathy Sawyer
Village Realty Holdings, LLC -
Buyer's Agent
Eric Avery
Corolla Beach Realty
List Price
$1,100,000
Sold Price
$950,000
Premium/Discount to List
-$150,000
-13.64%
Current Estimated Value
$2,045,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,095,391
Avg. Annual Appreciation
10.26%
Original Mortgage
$1,600,000
Outstanding Balance
$1,379,120
Interest Rate
3.8%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$666,271

Purchase Details

Closed on
Jul 16, 2013
Sold by
Cuthrell Keith C and Drake Roger W
Bought by
Drake Juanita Gray

Purchase Details

Closed on
Jul 14, 2011
Sold by
Drake Roger W and Drake Juanita Gray
Bought by
Drake Roger W and The Roger W Drake Revocable Trust
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
Chung Jun K $950,000 --
Drake Juanita Gray -- None Available
Drake Roger W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Jun K $1,600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2018 07/05/18 Sold $950,000 -13.6% $316 / Sq Ft
03/22/2018 03/22/18 Pending -- -- --
02/13/2018 02/13/18 For Sale $1,100,000 -- $366 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $13,891 $1,932,800 $1,080,000 $852,800
2024 $11,540 $1,135,700 $548,100 $587,600
2023 $4,548 $1,159,204 $548,100 $611,104
2022 $11,134 $1,159,204 $548,100 $611,104
2021 $11,134 $1,159,204 $548,100 $611,104
2020 $5,745 $1,159,204 $548,100 $611,104
2019 $5,745 $474,500 $389,500 $85,000
2018 $9,890 $837,500 $645,100 $192,400
2017 $9,890 $837,500 $645,100 $192,400
2016 $9,555 $837,500 $645,100 $192,400
2014 $6,540 $837,500 $645,100 $192,400
Source: Public Records

Agents Affiliated with this Home

  • Kathy Sawyer

    Seller's Agent in 2018

    Kathy Sawyer

    Village Realty Holdings, LLC -

    (252) 457-1950

    5 in this area

    56 Total Sales

    Kathy Sawyer
    Section Image

  • E

    Buyer's Agent in 2018

    Eric Avery

    Corolla Beach Realty

    (252) 491-2628

    3 Total Sales

    Eric Avery
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99260

Outer Banks Association of REALTORS®

APN: 027507000

North Carolina Dare County Kill Devil Hills 27948

1833 N Virginia Dare Trail, Kill Devil Hills, NC

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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