NOT LISTED FOR SALE

2035 S Virginia Dare Trail Unit 12 Kill Devil Hills, NC 27948

Estimated Value: $520,000 - $586,000

2 Beds
2 Baths
1,218 Sq Ft
$454/Sq Ft Est. Value

Last Sold February 22, 2016

Last sale price $305,000 $250 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $3,802/month

37 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Outdoor Pool
  • First Flight Middle School Rated A-
  • Ocean View
  • Contemporary Architecture

About This Home

As of February 2016

Fabulous opportunity to own a great condo with established rental history! This property will not remain on the market long...ACT QUICKLY! Conveniently located at MP 10 in KDH, close to dining, shopping, and centrally located to many OBX attractions, the Seawalk complex offers a community pool, wooden walkways to the lifeguarded beach, and coin operated laundry facilities.

Last Agent to Sell the Property

Myra Ladd-Bone

Joe Lamb, Realty License #99435 Listed on: 10/07/2015

Co-Listed By

Barbara Gudoski

Atlantic Realty License #104070

Last Buyer's Agent

Wende Pritchard

All About OBX Real Estate License #211523

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,360

Year Built

  • Built in 1983

Lot Details

  • 1,218 Sq Ft Lot
  • Beach Front

HOA Fees

  • $470 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,218 Sq Ft Home
  • Furnished
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Outdoor Pool
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Block 3

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, grounds maintenance, management, pool, sewer/septic, water
  • Seawalk Condos Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,360

Year Built

Built in 1983

Lot Details

0

HOA Fees

$470 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: From Hwy 158, turn east onto Eighth Street; left on beach road. Condos are on the right...oceanfront building.
  • Extras: Beach Access, Boardwalk to Beach, Common Laundry Area, Outside Lighting, Smoke Detector(s)
  • Subdivision Name: Seawalk Condominiums
  • Headline: OCEANFRONT CONDO
  • Heated Sq Ft: 1218
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 4
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0104
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 2
  • Bedroom 1: King, On Level: 2
  • Bedroom 2: Twins, On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments
  • Dining Room: On Level: 2
  • Living Room: On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Paved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Forced Air, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Water
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 5636

Lot Info

  • Estimated Lot Sq Ft: 1218
  • Lot Description: Beach Frontage
  • Deed Book: 1917

Rental Info

  • Est Annual Rental Income: 21693
  • Estimated Rental Performance: 0.0711
  • Lease Terms: Weekly
  • Other Expenses: 160000
  • Rental Co: Atlantic Realty
  • Rental Cottage Name: Seawalk Condos Unit 12
  • Rental Cottage Number: 867
  • Rental Phone Number: 252-449-5376
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2015
  • Taxes: 2360.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2015
Closed on
Feb 22, 2016
Sold by
Nester Karen K
Bought by
Nester Karen K and Cataldi Christopher W
Seller's Agent
Myra Ladd-Bone
Joe Lamb, Realty
Buyer's Agent
Wende Pritchard
All About OBX Real Estate
List Price
$299,900
Sold Price
$305,000
Premium/Discount to List
$5,100
1.7%
Total Days on Market
37
Current Estimated Value
$552,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,539
Avg. Annual Appreciation
6.40%
Original Mortgage
$228,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2012
Sold by
Smith Jack E and Smith Pamela J
Bought by
Smith Charles Jerry

Purchase Details

Closed on
May 27, 2005
Sold by
Burrell Gery W and Burreli Michelle P
Bought by
Smith Jack E and Smith Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,650
Interest Rate
6.25%
Mortgage Type
Assumption
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
Nester Karen K -- Attorney
Nester Karen K $305,000 Attorney
Smith Charles Jerry -- None Available
Smith Jack E $485,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nester Karen K $205,740
Closed Nester Karen K $228,750
Previous Owner Smith Charles J $417,000
Previous Owner Smith Charles J $28,464
Previous Owner Smith Jack E $359,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2016 02/22/16 Sold $305,000 +1.7% $250 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
10/07/2015 10/07/15 For Sale $299,900 -- $246 / 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 $2,769 $358,500 $175,000 $183,500
2023 $2,764 $365,840 $175,000 $190,840
2022 $2,636 $365,840 $175,000 $190,840
2021 $2,641 $365,840 $175,000 $190,840
2020 $2,636 $365,840 $175,000 $190,840
2019 $2,532 $284,800 $160,000 $124,800
2018 $2,476 $284,800 $160,000 $124,800
2017 $2,482 $284,800 $160,000 $124,800
2016 $2,360 $284,800 $160,000 $124,800
2014 $2,278 $284,800 $160,000 $124,800
Source: Public Records

Agents Affiliated with this Home

  • Myra Ladd-Bone

    Seller's Agent in 2016

    Myra Ladd-Bone

    Joe Lamb, Realty

    (252) 202-5689

    54 Total Sales

    Myra Ladd-Bone
    Section Image
  • Barbara Gudoski

    Seller Co-Listing Agent in 2016

    Barbara Gudoski

    Atlantic Realty

    (252) 207-8902

    45 Total Sales

    Barbara Gudoski
    Section Image
  • Wende Pritchard

    Buyer's Agent in 2016

    Wende Pritchard

    All About OBX Real Estate

    (252) 207-1147

    56 Total Sales

    Wende Pritchard
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89816

Outer Banks Association of REALTORS®

APN: 015379000

North Carolina Dare County Kill Devil Hills 27948

2035 S Virginia Dare Trail Unit 12, Kill Devil Hills, NC

This home is located at 2035 S Virginia Dare Trail Unit 12, Kill Devil Hills, NC 27948 since 07 October 2015 and is currently estimated at $552,539, approximately $453 per square foot. This property was built in 1983. 2035 S Virginia Dare Trail Unit 12 is a home located in Dare County with nearby schools including Nags Head Elementary School, First Flight Middle School, and First Flight High School.

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