NOT LISTED FOR SALE

2016 S Virginia Dare Trail Unit 201 Kill Devil Hills, NC 27948

Estimated Value: $458,260 - $508,000

3 Beds
2 Baths
1,044 Sq Ft
$468/Sq Ft Est. Value

Last Sold August 22, 2022

Last sale price $430,000 $412 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,132/month

55 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Cathedral Ceiling
  • First Flight Middle School Rated A-
  • Coastal Architecture
  • Furnished

About This Home

As of August 2022

This 3 bedroom, semi-oceanfront condo has everything you need in a semi-oceanfront property. Head into the open layout with spacious kitchen complete with bar seating and living room area. Head down the hall where you will find the master and additional 2 bedrooms, and hall bath. Take a moment to walk out on the deck for a relaxing cup of coffee. The carport area is complete with your own unit storage and outdoor shower, as well as assigned parking. Located right next to Kill Devil Grill, take a walk over for lunch or dinner, direct beach access. Set up your showing today!

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 05/19/2022

Coldwell Banker Seaside Realty - KDH

Co-Listed By

Trish Berruet

Coldwell Banker Seaside Realty - KDH License #238921

Last Buyer's Agent

Ashley Contristan

Keller Williams - Outer Banks License #279611

Keller Williams - Outer Banks

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,910

Year Built

  • Built in 2002

Lot Details

  • Ocean Front
  • Landscaped

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,044 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Entrance Foyer
  • Vinyl Flooring
  • Ocean Views
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Parking Lot
  • Off-Street Parking
  • Reserved Parking

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Association fees include building maintenance, grounds maintenance, management
  • Village Realty Association, Phone Number (252) 480-4707
  • Coastal Retreat Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,910

Year Built

Built in 2002

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: On hwy 12 (the beach road), next to Kill Devil Grill & across the street from the John Yancy Hotel
  • Extras: Beach Access, Covered Decks, Landscaped, Outside Shower, Smoke Detector(s), Inside Laundry Room
  • Headline: Direct Beach Access
  • Heated Sq Ft: 1044
  • L V T Date: 05/19/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 0428
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave
  • Bedrooms: 3
  • Floor Coverings: Vinyl, Vinyl Tile, Plank
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s)
  • Optional Rooms: Foyer

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Parking Lot, Paved, Reserved, Off Street, Unit Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Grounds Maintenance, Management
  • Condo Type: Attached
  • Association Fee: Yes
  • Estimated Annual Fee: 4500
  • Hoa Contact: Village Realty
  • HOA Contact: 252-480-4707

Lot Info

  • Deed Book: 1729

Rental Info

  • Est Annual Rental Income: 48677
  • Estimated Rental Performance: 0.1132

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2022
  • Taxes: 1910.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2022
Closed on
Aug 22, 2022
Sold by
Threlfall Iii James E and Threlfall Denise Kellye
Bought by
Jones Lynne Christine and Batiste Daniel James
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Ashley Contristan
Keller Williams - Outer Banks
List Price
$425,000
Sold Price
$430,000
Premium/Discount to List
$5,000
1.18%
Total Days on Market
55
Current Estimated Value
$488,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,087
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
May 14, 2007
Sold by
Baumeister Edward E and Baumeister Lynne C
Bought by
Threlfall James E and Threlfall Kellye Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
6.12%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Jones Lynne Christine $2,580,000 Mann Mcgibney & Jordan Pllc
Threlfall James E $345,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Threlfall James E $253,750
Previous Owner Threlfall James E $276,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2022 08/22/22 Sold $430,000 +1.2% $412 / Sq Ft
07/13/2022 07/13/22 Pending -- -- --
05/19/2022 05/19/22 For Sale $425,000 -- $407 / 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 $2,003 $265,100 $124,500 $140,600
2023 $2,003 $265,100 $124,500 $140,600
2022 $1,910 $265,100 $124,500 $140,600
2021 $1,910 $265,100 $124,500 $140,600
2020 $1,910 $265,100 $124,500 $140,600
2019 $1,837 $211,200 $75,000 $136,200
2018 $1,797 $211,200 $75,000 $136,200
2017 $1,797 $211,200 $75,000 $136,200
2016 $1,713 $211,200 $75,000 $136,200
2014 $1,649 $211,200 $75,000 $136,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118923

Outer Banks Association of REALTORS®

APN: 028053003