NOT LISTED FOR SALE

2050 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $1,211,826 - $1,369,000

4 Beds
5.5 Baths
3,036 Sq Ft
$422/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $845,000 $278 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $7,150/month

8 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Coastal Architecture
  • First Flight Middle School Rated A-
  • Heated In Ground Pool
  • Cathedral Ceiling

About This Home

As of December 2020

Custom built rental machine that generates over $98,000 in rental income! This property has it all: the view, the amenities, and location! Acqua is just steps away from the beach with a deeded Private beach access, private heated pool, elevator, propane grill, hot tub, 2 outside showers, a game room, elevator, handicap friendly doorways, covered decks, sun decks, updated furnishings, etc., etc! Each bedroom has its own bath. There are a total of 5 bedrooms with 4 master bedrooms each with a king bed, an additional bedroom with 2 pyramid bunks, plus a queen sleeper sofa in game room. The downstairs game room is equipped with a refrigerator, wet bar, and surround sound. The great room hosts a fully stocked kitchen, a large dining area and stunning views of the ocean. Built in 2004, this property has been lovingly maintained over the years and shows brand new. The owners rent the property through VRBO and have 116 5 STAR reviews! The Avalon pier, Awful Arthur's Beach shop, and Awful Arthur's Restaurant are all within walking distance where one can fish, hang at the arcade, do some specialty shopping and enjoy down home OBX fare.

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 09/21/2020

Landmark Sotheby's International Realty

Co-Listed By

Cameron Griggs

Coldwell Banker Seaside Realty KH License #294636

Last Buyer's Agent

Ilona Matteson

Beach Realty & Construction License #174596

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,435

Year Built

  • Built in 2004

Lot Details

  • 7,500 Sq Ft Lot
  • Ocean Front
  • Fenced Yard
  • Landscaped

Home Design

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

Interior Spaces

  • 3,036 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Miles Clark Subdivision

Listing and Financial Details

  • Tax Lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,435

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Covered Decks, Elevator, Fenced Yard, Handicap Friendly, Jet Tub, Landscaped, Outside Lighting, Sun Deck, Whirlpool/Spa, Dry Entry, Inside Laundry Room
  • Headline: All in One Property!
  • Heated Sq Ft: 3036
  • L V T Date: 09/21/2020
  • Roads: Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 0328
  • 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: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Number: Lot 8
  • Estimated Lot Size: 0.17
  • Deed Book: 1581

Rental Info

  • Lease Terms: Weekly
  • Rental Co: VRBO
  • Rental Cottage Name: ACQUA
  • Rental Turnover Day: Varies
  • Rental Contact Name: Self managed

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2020
  • Taxes: 4434.99

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2020
Closed on
Dec 21, 2020
Sold by
Quaranta Anthony and Quaranta Kimberly L
Bought by
Moody Willard J and Moody Courtney Mitchell
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Ilona Matteson
Beach Realty & Construction
List Price
$849,000
Sold Price
$845,000
Premium/Discount to List
-$4,000
-0.47%
Current Estimated Value
$1,280,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,457
Avg. Annual Appreciation
9.01%
Original Mortgage
$510,400
Outstanding Balance
$456,497
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$816,731
Source: Public Records

Range of Values:

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Average Value
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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
Moody Willard J $845,000 First American Mortgage Sln
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moody Willard J $510,400
Previous Owner Quaranta Anthony $485,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $845,000 -0.5% $278 / Sq Ft
09/29/2020 09/29/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $849,000 -- $280 / 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 $4,650 $601,100 $240,000 $361,100
2023 $2,407 $615,544 $240,000 $375,544
2022 $4,435 $615,544 $240,000 $375,544
2021 $4,435 $615,544 $240,000 $375,544
2020 $4,435 $615,544 $240,000 $375,544
2019 $5,606 $625,700 $251,600 $374,100
2018 $5,483 $625,700 $251,600 $374,100
2017 $5,483 $625,700 $251,600 $374,100
2016 $5,225 $625,700 $251,600 $374,100
2014 $5,032 $625,700 $251,600 $374,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111125

Outer Banks Association of REALTORS®

APN: 002318001