NOT LISTED FOR SALE

2229 S Virginia Dare Trail Unit 303 Nags Head, NC 27959

Estimated Value: $632,000 - $1,120,000

2 Beds
2 Baths
954 Sq Ft
$798/Sq Ft Est. Value

Last Sold April 20, 2023

Last sale price $640,000 $671 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,840/month

16 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Contemporary Architecture
  • Community Beach Access
  • In Ground Pool
  • Cathedral Ceiling

About This Home

As of April 2023

Stunning views await in this top floor unit with southern exposure. This condo has never been rented and features quality upgrades for the discriminating Buyer. The fully remodeled kitchen has granite counters and stainless appliances. Both baths have been upgraded as well. Relax on the leather couch and soak in the view, or take a seat on the quality resin deck furnishings. Motorized hurricane shutters can be deployed when gale winds blow. The property conveys furnished as seen, including distinctive artwork. One bedroom features an en suite bath, and the second bedroom is just across from the hall bath. The stack washer/dryer is located in a sizable storage room There is a generous sized ground level storage area for pool gear, bikes and other beach essentials. Sturdy masonry construction features sheltered stairwells on the west side.

Last Agent to Sell the Property

Jackie Ricks-Sample

Sun Realty - KDH License #47692 Listed on: 02/22/2023

Co-Listed By

Jackie O'Hara

Sun Realty - KDH License #153332

Last Buyer's Agent

Jackie Ricks-Sample

Sun Realty - KDH License #47692 Listed on: 02/22/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,740

Year Built

  • Built in 1983

Lot Details

  • Beach Front
  • 111 Feet of Waterfront

HOA Fees

  • $696 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Property Attached
  • Masonry Perimeter Foundation
  • Asphalt Shingled Roof
  • Masonry
  • Stucco

Interior Spaces

  • 954 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Ocean Views
  • Hurricane or Storm Shutters
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Sun Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, water, walkways
  • Signature Touch Association, Phone Number (252) 441-8857
  • Oceans Condos Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,740

Year Built

Built in 1983

Lot Details

0

HOA Fees

$696 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: MP 10. From US 158, turn east on Driftwood. Left at stop, Oceans Condos on the right.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Sun Deck
  • Flood Zone: VE
  • Headline: Southern Exposure Penthouse!
  • Heated Sq Ft: 954
  • L V T Date: 02/22/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: CR
  • Deed Book Pg Number: 174
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 2
  • Kitchen: On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Masonry
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection
  • Dining Room: On Level: 3
  • Living Room: On Level: 3

Exterior Features

  • Construction: Masonry
  • Exterior: Stucco, Hurricane Shutters
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 111
  • Sun Deck Size: 8' x 18'
  • View: Ocean
  • Water Frontage: 111

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 8355
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: common
  • Deed Book: 1592

Rental Info

  • Est Annual Rental Income: 42336
  • Estimated Rental Performance: 0.0662

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2022
  • Taxes: 2740

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2023
Closed on
Apr 20, 2023
Sold by
Lilla Jo Cole Revocable Living Trust
Bought by
Crismond Frederick John and Crismond Barbara Teresa
Seller's Agent
Jackie Ricks-Sample
Sun Realty - KDH
Buyer's Agent
Jackie Ricks-Sample
Sun Realty - KDH
List Price
$649,900
Sold Price
$640,000
Premium/Discount to List
-$9,900
-1.52%
Total Days on Market
16
Views
126
Current Estimated Value
$761,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,597
Avg. Annual Appreciation
-1.22%
Original Mortgage
$510,000
Outstanding Balance
$334,419
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$289,091
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
Crismond Frederick John $3,200,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crismond Frederick John $510,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/20/2023 04/20/23 Sold $640,000 -1.5% $671 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
02/22/2023 02/22/23 For Sale $649,900 -- $681 / 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 $1,227 $366,400 $208,000 $158,400
2023 $1,325 $395,400 $208,000 $187,400
2022 $1,584 $395,400 $208,000 $187,400
2021 $1,584 $395,400 $208,000 $187,400
2020 $1,584 $395,400 $208,000 $187,400
2019 $1,363 $290,100 $179,000 $111,100
2018 $1,363 $290,100 $179,000 $111,100
2017 $1,363 $290,100 $179,000 $111,100
2016 $1,247 $290,100 $179,000 $111,100
2014 $2,022 $290,100 $179,000 $111,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121505

Outer Banks Association of REALTORS®

APN: 007588000