NOT LISTED FOR SALE

2004 N Virginia Dare Trail Kill Devil Hills, NC 27948

Kill Devil Hills Area
5 Beds
5 Baths
2,391 Sq Ft
1946 Built

Sale Details

Date 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Aug 6, 2014
Sold by
Bought by
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
List Price
$309,000
Sold Price
$265,000
Premium/Discount to List
-$44,000
-14.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
0.042%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $212,000
Previous Owner $75,000
Previous Owner $25,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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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