NOT LISTED FOR SALE

2901 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $803,298 - $879,000

3 Beds
2 Baths
1,150 Sq Ft
$736/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $460,000 $400 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $4,893/month

58 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Furnished
  • First Flight Middle School Rated A-
  • Coastal Architecture
  • Screened Porch

About This Home

As of November 2020

BEACH FRONT BARGAIN! This is what a beach cottage should be. LARGE STABLE DUNE LINE! As soon as you walk in you will be taken back to a simpler time. ORIGINAL SHIP-LAP walls and EXPOSED BEAMS provide cottage charm. Smell the salt air and hear the waves while ENJOYING THE SPECTACULAR OCEAN VIEWS. This home has been in the same family since the 70’s and is only rented to family and friends. SPACIOUS FLOOR PLAN with a MASTER SUITE on one side of the home, main living area down the center, two guest bedrooms and full bath on the opposite side of the home. Washer and dryer are conveniently located inside. Rental projection showing $50,705 with a few cosmetic updates. Centrally located within an easy walk or bike ride to numerous restaurants, shops and the Avalon Fishing Pier. Copy and paste the link to view virtual 3-D home tour. https://my.matterport.com/show/?m=KM8o5F7XkR2&brand=0

Last Agent to Sell the Property

Tammy Russell

Keller Williams - Outer Banks License #152164 Listed on: 08/03/2020

Keller Williams - Outer Banks

Last Buyer's Agent

Mark Massey

Outer Banks Realty Group License #188389

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,612

Year Built

  • Built in 1970

Lot Details

  • 2,178 Sq Ft Lot
  • Lot Dimensions are 50' x 250'
  • Beach Front

Home Design

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

Interior Spaces

  • 1,150 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Window Treatments
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

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

Community Details

  • Va Dare Shores Subdivision

Listing and Financial Details

  • Tax Lot 19

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,612

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Bungalow, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Screened Porch, Inside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: Virginia Dare Sh Plat B Ocnfrt
  • Headline: BEACH FRONT BARGAIN
  • Heated Sq Ft: 1150
  • L V T Date: 08/03/2020
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 797
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Lot Description: Beach Frontage
  • Lot Size: 50' x 250'
  • Lot Number: Lot 19
  • Estimated Lot Size: 0.05
  • Deed Book: 2072

Rental Info

  • Est Annual Rental Income: 50705
  • Estimated Rental Performance: 0.1102
  • Flood Expenses: 2000
  • Lease Terms: Weekly
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 1970

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2020
  • Taxes: 3611.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Nov 24, 2020
Sold by
Lee David W and Lee Janie H
Bought by
Seay Jerel D and Seay Stephanie M
Seller's Agent
Tammy Russell
Keller Williams - Outer Banks
Buyer's Agent
Mark Massey
Outer Banks Realty Group
List Price
$549,900
Sold Price
$460,000
Premium/Discount to List
-$89,900
-16.35%
Current Estimated Value
$846,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$386,575
Avg. Annual Appreciation
13.46%
Original Mortgage
$368,000
Outstanding Balance
$328,958
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$517,617
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
Seay Jerel D $460,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seay Jerel D $368,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $460,000 -16.3% $400 / Sq Ft
09/30/2020 09/30/20 Pending -- -- --
08/03/2020 08/03/20 For Sale $549,900 -- $478 / 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 $5,070 $496,500 $177,500 $319,000
2023 $5,070 $509,260 $177,500 $331,760
2022 $3,265 $339,948 $177,500 $162,448
2021 $4,939 $514,252 $177,500 $336,752
2020 $4,939 $514,252 $177,500 $336,752
2019 $2,119 $173,700 $115,800 $57,900
2018 $2,085 $173,700 $115,800 $57,900
2017 $2,085 $173,700 $115,800 $57,900
2016 $2,015 $173,700 $115,800 $57,900
2014 $1,356 $173,700 $115,800 $57,900
Source: Public Records

Agents Affiliated with this Home

  • Tammy Russell

    Seller's Agent in 2020

    Tammy Russell

    Keller Williams - Outer Banks

    (252) 489-8054

    14 in this area

    151 Total Sales

    Tammy Russell
    Section Image
  • Mark Massey

    Buyer's Agent in 2020

    Mark Massey

    Outer Banks Realty Group

    (252) 202-4335

    17 in this area

    75 Total Sales

    Mark Massey
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110394

Outer Banks Association of REALTORS®

APN: 000825000

North Carolina Dare County Kill Devil Hills 27948

2901 N Virginia Dare Trail, Kill Devil Hills, NC

This home is located at 2901 N Virginia Dare Trail, Kill Devil Hills, NC 27948 since 03 August 2020 and is currently estimated at $846,575, approximately $736 per square foot. This property was built in 1970. 2901 N Virginia Dare Trail is a home located in Dare County with nearby schools including Nags Head Elementary School, First Flight Middle School, and First Flight High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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