NOT LISTED FOR SALE

2032 S Virginia Dare Trail Unit 7-9 Kill Devil Hills, NC 27948

Estimated Value: $565,000 - $662,000

5 Beds
2 Baths
1,900 Sq Ft
$321/Sq Ft Est. Value

Last Sold November 21, 2014

Last sale price $215,000 $113 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $3,596/month

273 Days on Market

Highlights

  • Ocean Front
  • Screened Porch
  • Carpet
  • Beach Box Architecture
  • Level Lot

About This Home

As of November 2014

Rarely found duplex on the Beach Road with two separate electric meters * Located at MP 10 on the Beach Rd just north of the Nags Head/KDH town line (just south of 8th St) * Property needs some work to get it back in to shape, but what an opportunity to own an income producing property on a 60' wide commercially zoned site just steps away from one of the nicest stretches of beach in town * Own an Outer Banks Classic!! * Rent out the bottom and use the top as your second home getaway * Many possibilities * Driveway has ample parking * Can also be purchased along with the property immediately to the south which is an older commercial building on a 90 x 150 lot for a total of $548,000 (see MLS# 81529) *

Last Agent to Sell the Property

David Weybright

Coastal Outer Banks Realty License #185816 Listed on: 01/10/2014

Last Buyer's Agent

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,807

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 60 x 150
  • Ocean Front
  • Level Lot

Parking

  • Paved Parking

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,900 Sq Ft Home
  • Screened Porch
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Nags Head Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,807

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: On Beach Rd just north of KDH/NH (8st St) town line
  • Extras: Screened Porch
  • Flood Zone: AE
  • Subdivision Name: Nags head Shores Amended
  • Headline: Duplex W/ 2 Electric Meters!
  • Heated Sq Ft: 1900
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 4
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: c
  • Deed Book Pg Number: 155
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Asbestos, Shakes
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved

Utilities

  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Lot Description: Level
  • Lot Size: 60 x 150
  • Lot Number: Lot 9
  • Deed Book: 1585

Rental Info

  • Est Annual Rental Income: 24000
  • Estimated Rental Performance: 0.1116

Building Info

  • Year Built: 1963

Tax Info

  • Year: 2013
  • Taxes: 1807

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2014
Closed on
Nov 14, 2014
Sold by
Honeycutt Gregory A and Honeycutt Eden E
Bought by
Vandermyde John P and Vandermyde Heather T
Seller's Agent
David Weybright
Coastal Outer Banks Realty
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$249,000
Sold Price
$215,000
Premium/Discount to List
-$34,000
-13.65%
Total Days on Market
273
Current Estimated Value
$609,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,424
Avg. Annual Appreciation
10.39%
Original Mortgage
$129,000
Outstanding Balance
$99,343
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$510,081
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
Vandermyde John P $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandermyde John P $129,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $215,000 -13.7% $113 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
01/10/2014 01/10/14 For Sale $249,000 -- $131 / 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 $2,097 $273,900 $189,800 $84,100
2023 $2,095 $277,264 $189,800 $87,464
2022 $1,998 $277,264 $189,800 $87,464
2021 $2,000 $277,264 $189,800 $87,464
2020 $1,998 $277,264 $189,800 $87,464
2019 $2,044 $232,800 $189,600 $43,200
2018 $1,981 $232,800 $189,600 $43,200
2017 $1,981 $232,800 $189,600 $43,200
2016 $1,888 $232,800 $189,600 $43,200
2014 $1,880 $240,700 $199,100 $41,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81845

Outer Banks Association of REALTORS®

APN: 008516000