NOT LISTED FOR SALE

1837 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $1,132,000 - $1,507,000

4 Beds
3 Baths
1,791 Sq Ft
$730/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $920,000 $514 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,979/month

4 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Cathedral Ceiling
  • First Flight Middle School Rated A-
  • Coastal Architecture
  • Furnished

About This Home

As of April 2021

MAGNIFICENT OCEAN VIEWS from both the top and mid levels of this charming beach house. Renters love this house and after sitting on the covered porch, you will want to make this your own beach home. A long protective dune has a private walkway to the beach. New hot tub in 2019. There are 4 bedrooms, 3 full baths and a private den added in 2018 making this house a rental machine. Relax in the hot tub and enjoy the waves lapping the beach. Soak up the sun on top deck or seek retreat in the shade of the covered porch. Conveniently located in Kill Devil Hills, easily walk or bike to restaurants, shops, movies and recreation spots. Well maintained and being sold fully furnished. See Sellers Information Document for recent updates.

Last Listed By

Dru Ferrence

Basnight Realty License #174208 Listed on: 03/11/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,618

Year Built

  • Built in 2001

Lot Details

  • 0.26 Acre Lot
  • Beach Front
  • Level Lot

Home Design

  • Coastal Architecture
  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,791 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / D

Community Details

Overview

  • Croatan Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,618

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal, Cottage
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Inside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: Croatan Shores Amended
  • Headline: SWEET OCEANFRONT COTTAGE
  • Heated Sq Ft: 1791
  • L V T Date: 03/11/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 86029
  • Advertised Income 2021: 84109
  • Deed Book Pg Number: 0147
  • 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
  • Countertops: Granite, Solid Surface
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Washer Connection
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1013

Lot Info

  • Estimated Lot Sq Ft: 11500
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Number: Lot 1
  • Estimated Lot Size: 0.26
  • Deed Book: 2005

Rental Info

  • Est Annual Rental Income: 86029
  • Estimated Rental Performance: 0.0935
  • Flood Expenses: 4659
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Beach Happy Too, LLC
  • Rental Cottage Number: KD40
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: Sunday
  • Annual Cable TV Expense: 2304
  • Annual Electric: 2135
  • Annual Water Expense: 520
  • Rental Contact Email: obxrentals@villagerealty.com
  • Rental Contact Name: Laura Payne
  • Rental Contact Phone: 252-480-2224

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2020
  • Taxes: 7617.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2021
Closed on
May 28, 2021
Sold by
Coulter Stewart M and Coulter Jodi M
Bought by
Coulter Stewart M and Coulter Jodi Marcussen
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$880,000
Sold Price
$920,000
Premium/Discount to List
$40,000
4.55%
Total Days on Market
4
Current Estimated Value
$1,307,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,715
Avg. Annual Appreciation
9.00%
Original Mortgage
$736,000
Outstanding Balance
$671,674
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$636,041

Purchase Details

Listed on
Mar 11, 2021
Closed on
Apr 28, 2021
Sold by
Beach Happy Too Llc
Bought by
Coulter Stewart M and Coulter Jodi M
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$880,000
Sold Price
$920,000
Premium/Discount to List
$40,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,000
Outstanding Balance
$671,674
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$636,041

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 Buyer Sale Price Title Company
Coulter Stewart M -- None Available
Coulter Stewart M $920,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coulter Stewart M $736,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2021 04/30/21 Sold $920,000 +4.5% $514 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/11/2021 03/11/21 For Sale $880,000 +43.1% $491 / Sq Ft
02/27/2015 02/27/15 Sold $615,000 -12.1% $395 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
06/02/2014 06/02/14 For Sale $699,900 -- $450 / 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 $7,902 $783,900 $538,000 $245,900
2023 $7,895 $793,112 $538,000 $255,112
2022 $7,618 $793,112 $538,000 $255,112
2021 $7,618 $793,112 $538,000 $255,112
2020 $7,618 $793,112 $538,000 $255,112
2019 $6,717 $551,300 $381,600 $169,700
2018 $7,041 $586,000 $381,600 $204,400
2017 $7,041 $586,000 $381,600 $204,400
2016 $6,802 $586,000 $381,600 $204,400
2014 $4,656 $586,000 $381,600 $204,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113294

Outer Banks Association of REALTORS®

APN: 002793000