NOT LISTED FOR SALE

2907 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $630,000 - $847,000

3 Beds
1 Bath
800 Sq Ft
$878/Sq Ft Est. Value

Last Sold June 19, 2014

Last sale price $310,000 $388 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $4,236/month

171 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Main Floor Bedroom
  • First Flight Middle School Rated A-
  • Beach Box Architecture
  • Furnished

About This Home

As of June 2014

Adorable and Affordable Oceanfront Rental Machine! Sellers have made many renovations over the years and turned this 50's era cottage into a beautiful place. The rental income proves this. Enjoy the fantastic ocean views from the inviting interior. Watch the sunrise sitting on the back deck. Beautifully furnished and decorated (some artwork excluded). The house is booked over 20 weeks with income of 36k-42k. Improvements include: new roof in 2007, storm shutters in 2006, heat pump in 2011, new frig in 2012; Rental performance is 12%

Last Agent to Sell the Property

Sheila Williamson

Sheila Williamson Broker License #141039 Listed on: 11/28/2013

Sheila Williamson Broker

Last Buyer's Agent

Jack Cook

ROG OBX, Inc License #223869

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,417

Year Built

  • Built in 1950

Lot Details

  • Beach Front
  • Lot includes common area

Parking

  • Paved Parking

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 800 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Sun Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Va Dare Shores Subdivision

Listing and Financial Details

  • Tax Lot lot 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,417

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: East on Chowan St; house at end
  • Extras: Beach Access, Ceiling Fan(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Virginia Dare Shores Plat B Ocnfrt
  • Headline: Affordable OBX Oceanfront
  • Heated Sq Ft: 800
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0418
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Kitchen: On Level: 1
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Washer Connection
  • Dining Room: On Level: 1
  • Living Room: On Level: 1

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1279

Lot Info

  • Lot Description: Adj. To Common Area, Beach Frontage
  • Lot Faces: E
  • Lot Number: lot 16
  • Deed Book: 1575

Rental Info

  • Est Annual Rental Income: 40075
  • Estimated Rental Performance: 0.1293
  • Flood Expenses: 4000
  • Lease Terms: Weekly
  • Other Expenses: 664
  • Other Expenses2: 260
  • Rental Co: Sun Realty
  • Rental Cottage Name: Del Mar Cottage
  • Rental Cottage Number: 325-A
  • Rental Phone Number: 261-1152
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 1161
  • Annual Electric: 946
  • Annual Water Expense: 380

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2013
  • Taxes: 1417

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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

Mortgage History

Date Status Borrower Loan Amount
Closed Lampman Christopher D $248,000
Closed Haughton Susan H $101,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2014 06/19/14 Sold $310,000 -4.6% $388 / Sq Ft
05/18/2014 05/18/14 Pending -- -- --
11/28/2013 11/28/13 For Sale $325,000 -- $406 / 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 $3,692 $362,700 $177,500 $185,200
2023 $3,684 $370,108 $177,500 $192,608
2022 $3,555 $370,108 $177,500 $192,608
2021 $3,562 $370,108 $177,500 $192,608
2020 $3,555 $370,108 $177,500 $192,608
2019 $2,264 $185,000 $112,400 $72,600
2018 $2,228 $185,000 $112,400 $72,600
2017 $2,228 $185,000 $112,400 $72,600
2016 $2,152 $185,000 $112,400 $72,600
2014 $1,473 $185,000 $112,400 $72,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81515

Outer Banks Association of REALTORS®

APN: 000822000