NOT LISTED FOR SALE

2006 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $1,110,000 - $1,522,000

0.17 Acre
$7,915,965 Price per Acre
7,500 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $320,000 $302 Per Sq Ft

Est. 321% increase in value since last sale

Current estimated payment $7,644/month

34 Days on Market

Highlights

  • Ocean Front
  • First Flight Middle School Rated A-
  • Level Lot

About This Lot

As of January 2021

Great beach access from this prime semi-oceanfront building site! Views should be awesome from this location, as zoning allows 65% lot coverage and building height of 45 feet! Water tap included... this site is ready for construction and just in time for the 2021 rental season!

Last Agent to Sell the Property

Richard Tolson

RT Realty OBX, LLC License #119826 Listed on: 10/26/2020

Last Buyer's Agent

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518

Coldwell Banker Seaside Realty - KDH

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,401

Year Built

  • 1964

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50x150
  • Ocean Front
  • Level Lot
  • Cleared Lot

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Miles Clark Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$2,401

Year Built

1964

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Just N of 5th Street
  • Flood Zone: X
  • Headline: Water Tap ~ Easy Beach Access!
  • L V T Date: 10/26/2020
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 265
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C32138
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1964

Exterior Features

  • Street Frontage: 50
  • View: Ocean

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Level, Cleared
  • Lot Size: 50x150
  • Estimated Lot Size: 0.17
  • Deed Book: 2280
  • Unit/Lot Number: Lot 52

Tax Info

  • Year: 2020
  • Taxes: 2401

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2020
Closed on
Jan 14, 2021
Sold by
M A Hooper Construction Inc
Bought by
Mcvearry Michael
Seller's Agent
Richard Tolson
RT Realty OBX, LLC
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$349,000
Sold Price
$320,000
Premium/Discount to List
-$29,000
-8.31%
Total Days on Market
34
Current Estimated Value
$1,345,714

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,025,714
Avg. Annual Appreciation
39.46%
Original Mortgage
$224,000
Outstanding Balance
$202,196
Interest Rate
2.71%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,171,233

Purchase Details

Listed on
Oct 30, 2018
Closed on
Jan 16, 2019
Sold by
Roger C & J D Kovac Ret
Bought by
Ma Hooper Construction
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Richard Tolson
RT Realty OBX, LLC
List Price
$249,900
Sold Price
$230,000
Premium/Discount to List
-$19,900
-7.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.95%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcvearry Michael $320,000 None Available
Ma Hooper Construction $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcvearry Michael $224,000
Previous Owner Kovac Roger C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $320,000 -8.3% $302 / Sq Ft
11/29/2020 11/29/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $349,000 +51.7% $330 / Sq Ft
01/16/2019 01/16/19 Sold $230,000 -8.0% $217 / Sq Ft
11/18/2018 11/18/18 Pending -- -- --
10/30/2018 10/30/18 For Sale $249,900 -- $236 / 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 $6,021 $797,000 $240,000 $557,000
2023 $4,761 $630,200 $240,000 $390,200
2022 $2,401 $333,300 $240,000 $93,300
2021 $2,401 $333,300 $240,000 $93,300
2020 $2,401 $333,300 $240,000 $93,300
2019 $2,678 $307,800 $251,600 $56,200
2018 $2,645 $307,800 $251,600 $56,200
2017 $2,643 $307,800 $251,600 $56,200
2016 $2,519 $307,800 $251,600 $56,200
2014 $2,404 $307,800 $251,600 $56,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111634

Outer Banks Association of REALTORS®

APN: 002355000