NOT LISTED FOR SALE

1915 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $1,567,000 - $2,301,000

3 Beds
2 Baths
1,092 Sq Ft
$1,837/Sq Ft Est. Value

Last Sold December 19, 2013

Last sale price $557,500 $511 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $12,158/month

95 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Wood Flooring
  • First Flight Middle School Rated A-
  • Coastal Architecture
  • Furnished

About This Home

As of December 2013

Nothing appreciates like oceanfront property! Especially a large, high oceanfront lot (16,000 sq ft) with a highly vegetated dune line for extra protection and dune stability. And this land comes with a free cottage!“NiceBreak” still stands as one of the remaining of a few original bungalows on the beach. It has all the character of a historic beach cottage, from the pine tongue and groove wall coverings and hardwood floors,to the spacious covered back porch overlooking the beach.. Built in 1946 when the Outer Banks was still just a small fishing village, the home has been updated to 3 bedrooms and 2.5 baths with a charming brick.gas fireplace, modern amenities, and an optional 4th bedroom converted porch.Come see views that could paint a new picture every day, enjoyed from the cozy family room, kitchen and bedroom windows! Just a short walk away are locals’ favorite eateries, shopping and entertainment. You’ll rarely need a car when everything is so close! While this home is priced as land and is perfect for the buyer who wants to maximize future appreciation, unlike land, this home generates over 44k in rental income! It’s also on a large oceanfront re-buildable lot, ensuring you be able to realize your dream home one day while you collect income in the meantime and take all the tax breaks available to rental home owners. Give yourself a Nice Break and see it today!

Last Listed By

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 08/10/2013

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,346

Year Built

  • Built in 1946

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 50x320
  • Beach Front
  • 50 Feet of Waterfront
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Cottage
  • Bungalow
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,092 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

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 #12 / E

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,346

Year Built

Built in 1946

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow, Coastal, Cottage
  • Directions: Turn east at 5th Street, then left onto 12, house is on the right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Shower, Sun Deck
  • Flood Zone: VE
  • Heated Sq Ft: 1092
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 233
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: Bright, On Level: 1
  • Bedroom 2: Ocean View, On Level: 1
  • Bedroom 3: Bright, On Level: 1
  • Kitchen: On Level: 1
  • Floor Coverings: Vinyl, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Connection, Washer Connection
  • Dining Room: Ocean View, On Level: 1
  • Living Room: Ocean View, On Level: 1
  • Optional Room 1: office/den, On Level: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • Sun Deck Size: Ocean View
  • View: Ocean
  • Water Frontage: 50

Garage/Parking

  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1210

Lot Info

  • Estimated Lot Sq Ft: 16000
  • Lot Description: Beach Frontage, Level
  • Lot Faces: E
  • Lot Size: 50x320
  • Lot Number: Lot #12
  • Deed Book: 1689

Rental Info

  • Est Annual Rental Income: 42307
  • Estimated Rental Performance: 0.0759
  • Flood Expenses: 1300
  • Lease Terms: Weekly
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Nice Break
  • Rental Phone Number: 252-261-5500
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 115
  • Annual Electric: 1284
  • Annual Telephone Expense: 115
  • Annual Water Expense: 305

Building Info

  • Year Built: 1946

Tax Info

  • Year: 2012
  • Taxes: 3346

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2013
Closed on
Dec 19, 2013
Sold by
Virginia Dare Ventures Llc
Bought by
Wheeler Julia Kincaid
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Kathleen Argiroff
Keller Williams - Outer Banks
List Price
$629,000
Sold Price
$557,500
Premium/Discount to List
-$71,500
-11.37%
Total Days on Market
95
Current Estimated Value
$2,005,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,448,110
Avg. Annual Appreciation
11.84%

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
Wheeler Julia Kincaid $557,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/19/2013 12/19/13 Sold $557,500 -11.4% $511 / Sq Ft
11/13/2013 11/13/13 Pending -- -- --
08/10/2013 08/10/13 For Sale $629,000 -- $576 / 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 $11,180 $1,100,200 $527,800 $572,400
2023 $11,180 $1,123,096 $527,800 $595,296
2022 $10,787 $1,123,096 $527,800 $595,296
2021 $10,787 $1,123,096 $527,800 $595,296
2020 $10,787 $1,123,096 $527,800 $595,296
2019 $10,646 $863,100 $381,600 $481,500
2018 $10,477 $863,100 $381,600 $481,500
2017 $10,477 $863,100 $381,600 $481,500
2016 $10,122 $863,100 $381,600 $481,500
2014 $3,478 $442,300 $381,600 $60,700
Source: Public Records

Agents Affiliated with this Home

  • Heather VanderMyde

    Seller's Agent in 2013

    Heather VanderMyde

    Coldwell Banker Seaside Realty - KDH

    (252) 202-2375

    489 Total Sales

    Heather VanderMyde
    Section Image
  • Kathleen Argiroff

    Buyer's Agent in 2013

    Kathleen Argiroff

    Keller Williams - Outer Banks

    (252) 202-8147

    151 Total Sales

    Kathleen Argiroff
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80209

Outer Banks Association of REALTORS®

APN: 002813000

North Carolina Dare County Kill Devil Hills 27948

1915 N Virginia Dare Trail, Kill Devil Hills, NC

Homes for Sale in Kill Devil Hills, NC

This home is located at 1915 N Virginia Dare Trail, Kill Devil Hills, NC 27948 since 10 August 2013 and is currently estimated at $2,005,610, approximately $1,836 per square foot. This property was built in 1946. 1915 N Virginia Dare Trail is a home located in Dare County with nearby schools including Nags Head Elementary School, First Flight Middle School, and First Flight High School.

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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