NOT LISTED FOR SALE

2004 N Virginia Dare Trail Kill Devil Hills, NC 27948

5 Beds
5 Baths
2,391 Sq Ft
1946 Built

Last Sold August 15, 2014

Last sale price $265,000 $111 Per Sq Ft

176 Days on Market

Highlights

  • Ocean Front
  • Coastal Architecture
  • Sun Deck
  • First Flight Middle School Rated A-
  • Ceramic Tile Flooring
  • Level Lot

About This Home

As of August 2014

Positive Cash flow legal triplex...across the street from the beach!...Great Ocean View!...150 feet to Beach Access!...+/- $45,000 annual rental income!...15% gross return!...one of the highest return on the Outer Banks!...Keep as a full rental machine or live in one apartment and have your tenants pay your mortgage, taxes and insurance! Zoned commercial...ideal to build a larger vacation home!...Unlimited potential! Priced $97,000 less than 2012 Tax Assessment of $406,000. Won't last...put on best buy list!

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 01/08/2014

Last Buyer's Agent

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507

Coldwell Banker Seaside Realty KH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,049

Year Built

  • Built in 1946

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof

Interior Spaces

  • 2,391 Sq Ft Home
  • Ocean Views

Kitchen

  • Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Sun Deck

Lot Details

  • Ocean Front
  • Level Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Uses Gas
  • Well
  • Private or Community Septic Tank

Community Details

  • Miles Clark Subdivision

Listing and Financial Details

  • Tax Lot 54

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,049

Year Built

Built in 1946

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Miles Clark
  • Headline: Beach Road Rental Machine
  • Heated Sq Ft: 2391
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Com/Res
  • Deed Book Pg Number: 0382
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 5

Exterior Features

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

Utilities

  • Cooling: Wall Units
  • Heating: Gas
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Well

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1593

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 54
  • Deed Book: 1458

Rental Info

  • Est Annual Rental Income: 45000
  • Estimated Rental Performance: 0.1698
  • Flood Expenses: 294
  • Lease Terms: 1 Year
  • Rental Co: Harrell and Associates
  • Rental Phone Number: 2524417887
  • Annual Cable TV Expense: 1680

Building Info

  • Year Built: 1946

Tax Info

  • Year: 2013
  • Taxes: 3049
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2014 08/15/14 Sold $265,000 -14.2% $111 / Sq Ft
07/03/2014 07/03/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $309,000 -- $129 / 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 $4,022 $740,400 $487,500 $252,900
2024 $2,467 $326,600 $225,000 $101,600
2023 $1,308 $326,600 $225,000 $101,600
2022 $2,353 $326,600 $225,000 $101,600
2021 $2,353 $326,600 $225,000 $101,600
2020 $2,353 $326,600 $225,000 $101,600
2014 $3,170 $406,000 $270,900 $135,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81813

Outer Banks Association of REALTORS®
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