NOT LISTED FOR SALE

2053 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $1,122,000 - $1,302,000

4 Beds
2 Baths
1,268 Sq Ft
$963/Sq Ft Est. Value

Last Sold April 24, 2015

Last sale price $538,000 $424 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $7,291/month

96 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Hydromassage or Jetted Bathtub
  • First Flight Middle School Rated A-
  • Coastal Architecture
  • Furnished

About This Home

As of April 2015

THIS IS A CHARMING 4 BEDROOM UPGRADED OCEAN FRONT COTTAGE, LOCATED IN A SOUGHT AFTER AREA OF KILL DEVIL HILLS WITH SPECTACULAR PANORAMIC OCEAN VIEWS.. THE OWNERS HAVE MAINTAINED AND UPDATED THIS HOME TO MAKE IT A GREAT RENTAL MACHINE BUT MAINTAINED A COZY, CASUAL, COMFORTABLE AND INVITING ATMOSPHERE. THE REPEAT TENANTS ARE A TESTAMENT TO IT’S CHARM. MILLION DOLLAR OCEAN FRONT VIEWS ARE YOURS LOOKING OVER THE ACCRETING AND VEGETATED SAND DUNE JUST SOUTH OF THE AVALON PIER. YOU CAN’T BEAT THE LOCATION AS IT IS ALSO WALKING DISTANCE TO SOME GREAT RESTAURANTS AND SHOPS. ENJOY THE NEW LARGE REAR DECK FOR THOSE FABULOUS SUNRISES OVER THE ATLANTIC OCEAN WATCHING THE DOLPHINS IN THE WAVES. OR SIT ON THE NEW FRONT DECK AND ENJOY THE SUNSET COLOR. THE OPEN FLOOR PLAN OFFERS A KITCHEN WITH STAINLESS STEEL APPLIANCES BOASTING A EAT AT BAR BUT OVERLOOKING THE COZY COMFORTABLE LIVING ROOM AND DINING AREA. ON CHILLY NIGHTS THE WOOD BURNING FIRPLACE IS JUST THE THING AS YOU LISTEN TO THE OCEAN IN THE DISTANCE. THE SPLIT BEDROOM FLOOR PLAN AFFORDS ADDITIONAL PRIVACY. THE MASTER BATH BOASTS A JET TUB. THESE OWNERS HAVE DONE MUCH TO GIVE THIS HOME AUTHENTIC BEACH CHARM. NEW ROOF IN 2007, UPGRADED HVAC, WATER HEATER AND GUTTERS, NEW SEPTIC IN 2013, NEW FRONT AND REAR DECKS-- AND MORE. ALL TO MAKE THIS A GREAT INVESTMENT HOME OR SECOND HOME. A MUST SEE OCEANFRONT COTTAGE!

Last Agent to Sell the Property

Mary Fouty-Davis

Sun Realty - Kitty Hawk / Currituck License #149905 Listed on: 12/09/2014

Last Buyer's Agent

Sarah Spencer

Keller Williams - Outer Banks License #185795

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,082

Year Built

  • Built in 1951

Lot Details

  • 7,000 Sq Ft Lot
  • Beach Front
  • 50 Feet of Waterfront

Home Design

  • Coastal Architecture
  • Beach Box Architecture
  • Bungalow
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,268 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Windows
  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck

Utilities

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

Community Details

  • Miles Clark Subdivision

Listing and Financial Details

  • Tax Lot # 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,082

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Bungalow, Coastal
  • Directions: FROM 158, EAST ON SPORTSMAN, S. ON VA DARE JUST PAST THE AVALON PIER HOME ON L. NEXT TO VACANT LOT
  • Extras: Ceiling Fan(s), Jet Tub, Outside Shower, Smoke Detector(s), Storm Doors, Storm Windows, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: MILES CLARK
  • Heated Sq Ft: 1268
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 0408
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection, Wood Fireplace

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean
  • Water Frontage: 50

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 7000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: W
  • Lot Size: 50 X MHW
  • Lot Number: Lot # 5
  • Deed Book: 1735

Rental Info

  • Est Annual Rental Income: 45000
  • Estimated Rental Performance: 0.0836
  • Lease Terms: Weekly
  • Other Expenses: 299800
  • Rental Co: Sun Realty
  • Rental Cottage Name: PALMER'S ISLAND
  • Rental Cottage Number: 346-B
  • Rental Phone Number: 252-261-1152
  • Rental Turnover Day: SATURDAY

Building Info

  • Year Built: 1951

Tax Info

  • Year: 2014
  • Taxes: 3082

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2024
Sold by
Bergevin Jennifer N
Bought by
Sherrill Josh and Sherrill Meredith P
Total Days on Market
96
Current Estimated Value
$1,220,961

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$615,000
Outstanding Balance
$611,014
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$609,947

Purchase Details

Listed on
Dec 9, 2014
Closed on
Apr 24, 2015
Sold by
Palmers Island Llc
Bought by
Bergevin Eric J and Bergevin Jennifer N
Seller's Agent
Mary Fouty-Davis
Sun Realty - Kitty Hawk / Currituck
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$649,000
Sold Price
$538,000
Premium/Discount to List
-$111,000
-17.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$403,500
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2007
Sold by
Palmer James S and Palmer Patricia H
Bought by
Palmers Island Obx Llc

Purchase Details

Closed on
Apr 13, 2007
Sold by
Palmer Patricia H and Palmer James S
Bought by
Palmer James S and Palmer Patricia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,000
Interest Rate
6.1%
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
Sherrill Josh $1,250,000 None Listed On Document
Bergevin Eric J -- None Available
Palmers Island Obx Llc -- None Available
Palmer James S -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherrill Josh $615,000
Previous Owner Bergevin Eric J $2,000,000
Previous Owner Bergevin Eric J $450,000
Previous Owner Bergevin Eric J $369,000
Previous Owner Bergevin Eric J $403,500
Previous Owner Palmer James S $289,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2015 04/24/15 Sold $538,000 -17.1% $424 / Sq Ft
03/15/2015 03/15/15 Pending -- -- --
12/09/2014 12/09/14 For Sale $649,000 -- $512 / 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 $5,250 $527,400 $391,500 $135,900
2023 $5,250 $527,400 $391,500 $135,900
2022 $5,066 $527,400 $391,500 $135,900
2021 $5,066 $527,400 $391,500 $135,900
2020 $5,066 $527,400 $391,500 $135,900
2019 $4,682 $390,200 $299,800 $90,400
2018 $4,608 $390,200 $299,800 $90,400
2017 $4,608 $390,200 $299,800 $90,400
2016 $4,503 $390,200 $299,800 $90,400
2014 $3,082 $390,200 $299,800 $90,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86097

Outer Banks Association of REALTORS®

APN: 002317000