Seller's Agent in 2012
Gray Berryman
Carolina Designs Realty
(252) 573-9503
212 Total Sales
1903 S Virginia Dare Trail Kill Devil Hills, NC 27948
Estimated Value: $4,576,097 - $4,775,000
0.46
Acre
$10,225,542
Price per Acre
19,994
Sq Ft Lot
About This Lot
As of October 2012This is an outstanding opportunity to own a large oceanfront homesite that has access to community sewer. This lot should allow for up to a 14 bedroom home. This is a stable beach with a large dune. The existing structure spans 4 lots and is slated for demolition in September. The buyer to pay additional $38 K at closing as this lot's share of cost of lift station construction for sewer for 4 lots. To hook up to sewer, there is an additional "impact fee" of $1557.60 per room (not bedroom) paid to the owner of the sewer. The existing structure is to be demolished and removed by the seller at the seller's expense at the end of the season. Closing will not occur before the end of September. A home with 4th floor loft should be possible if certain conditions are met. This is one of a very few oceanfront properties in the AE zone with much lower flood insurance premiums than VE.
Last Agent to Sell the Property
Carolina Designs Realty License #214315 Listed on: 07/03/2012
Property Details
Property Type
- Land
Year Built
- 2013
Lot Details
- 50 Feet of Waterfront
- Ocean Front
- Property is zoned OIR
Community Details
- H B Cawthorne Estate Lands Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 3, 2025
Sold by
Paradise 2 Llc
Bought by
1903 Svdt Limited Liability Company
Total Days on Market
6
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,050,000
Outstanding Balance
$3,974,642
Interest Rate
6.95%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 12, 2024
Sold by
Ulickas Walter J and Ulickas Teresa J
Bought by
Paradise 2 Llc
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1903 Svdt Limited Liability Company | $4,750,000 | None Listed On Document | |
| 1903 Svdt Limited Liability Company | $4,750,000 | None Listed On Document | |
| Paradise 2 Llc | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | 1903 Svdt Limited Liability Company | $4,050,000 | |
| Closed | 1903 Svdt Limited Liability Company | $4,050,000 | |
| Previous Owner | Ulickas Walter J | $1,373,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/19/2012 10/19/12 | Sold | $695,000 | 0.0% | -- |
| 07/09/2012 07/09/12 | Pending | -- | -- | -- |
| 07/03/2012 07/03/12 | For Sale | $695,000 | -- | -- |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $26,391 | $3,397,900 | $1,015,000 | $2,382,900 |
| 2023 | $26,391 | $3,493,216 | $1,015,000 | $2,478,216 |
| 2022 | $25,169 | $3,493,216 | $1,015,000 | $2,478,216 |
| 2021 | $25,237 | $3,493,216 | $1,015,000 | $2,478,216 |
| 2020 | $25,169 | $3,493,216 | $1,015,000 | $2,478,216 |
| 2019 | $22,747 | $2,520,000 | $627,000 | $1,893,000 |
| 2018 | $22,329 | $2,520,000 | $627,000 | $1,893,000 |
| 2017 | $22,329 | $2,520,000 | $627,000 | $1,893,000 |
| 2016 | $21,202 | $2,520,000 | $627,000 | $1,893,000 |
| 2014 | $20,418 | $2,520,000 | $627,000 | $1,893,000 |
Source: Public Records
Agents Affiliated with this Home
-
Gray Berryman
-
Cindy Edwards
Buyer's Agent in 2012
Cindy Edwards
Century 21 Nachman Realty
(252) 256-0520
88 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 75614
APN: 005174005
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