NOT LISTED FOR SALE

503 N Virginia Dare Trail Unit 4 Kill Devil Hills, NC 27948

Estimated Value: $576,963 - $626,000

2 Beds
2 Baths
1,048 Sq Ft
$577/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $525,000 $501 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,067/month

10 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Cabana
  • First Flight Middle School Rated A-
  • Ocean View
  • Coastal Architecture

About This Home

As of August 2022

This amazing oceanfront condo with swimming pool offers incredible panoramic ocean views and affords one of the best locations in the building. The unique tiered construction features lots of windows, having the feel of a house more than a condo. The beach and dune are huge in this area, the Sea Oates are about to blossom, plus no beach nourishment required here! Directly across from the Wright Brothers National Memorial, with views of the Monument! Well maintained by the original owners, the HVAC (10 year warranty) & range/oven were replaced in 2020. North end most eastern tier, this vantage point overlooks the beach north & south, boasting panoramic ocean views! Access the beach from oceanside stairs and a walkway up to the the dune. Each unit offers a ground level storage room for beach toys. Two spacious decks, with a covered porch on the oceanside. A cool, refreshing outdoor pool is shared among just 9 unit owners! Outdoor park grill & picnic table for your pleasure. Two parking spaces per unit. Building design uniquely staggers the homes to provide exceptional views and lots of windows for natural light into every room. Updates over the years have included roof, windows & sliders, plus all new decking and stairs! This is a strong owners association with a vision for preserving the value of this wonderful property. All furnishings convey! Washer/dryer is in the home. Enjoy an east & westside deck for shade when not on the beach. Porpoise & whale sightings are quite popular. A sunrise in the morning, moonrise in the evening, both can be yours for the taking! One of the best locations on the Outer Banks! Sand Castle condos are a rare offering, so don't let this opportunity slip away!

Last Listed By

Richard Tolson

RT Realty OBX, LLC License #119826 Listed on: 06/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,020

Year Built

  • Built in 1987

Lot Details

  • Beach Front
  • 100 Feet of Waterfront
  • Landscaped

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • Parking Lot

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,048 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, grounds maintenance, management, pool, road maintenance, sewer/septic, water
  • 9 Units
  • Signature Touch Association, Phone Number (252) 441-8857
  • Sand Castle Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,020

Year Built

Built in 1987

Lot Details

0

HOA Fees

$445 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal
  • Directions: Located south of Sutton Street, directly across from the Wright Brothers Monument. Sand Castle #4 the is 2nd level north end, most eastern tier.
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Storage Shed, Sun Deck, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Sand Castle Condos
  • Headline: PANORAMIC OCEAN VIEWS!
  • Heated Sq Ft: 1048
  • L V T Date: 06/27/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 007
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C32138
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 2
  • Bedroom 1: Views!, On Level: 2
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection
  • Dining Room: Combo
  • Living Room: Ocean View, On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 100
  • View: Ocean, Park Serv/Preserve
  • Water Frontage: 100

Garage/Parking

  • Garage: Carport
  • Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Grounds Maintenance, Management, Pool, Road Maintenance, Sewer/Septic, Water
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 5340
  • Hoa Contact: Signature Touch
  • HOA Contact: 252-441-8857
  • Home Owner Dwelling Insurance: 3200

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: W, E
  • Deed Book: 856

Rental Info

  • Est Annual Rental Income: 55000
  • Estimated Rental Performance: 0.1048
  • Other Expenses: 6000
  • Rental Cottage Name: Castle View

Building Info

  • Year Built: 1987

Multi Family

  • No. of Units: 9

Tax Info

  • Year: 2021
  • Taxes: 3020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jul 19, 2022
Sold by
Jackson Holston Jr A and Jackson Earlene P
Bought by
Trieu Quoc Kim
Seller's Agent
Richard Tolson
RT Realty OBX, LLC
Buyer's Agent
Danielle Taylor
Keller Williams - Outer Banks
List Price
$495,000
Sold Price
$525,000
Premium/Discount to List
$30,000
6.06%
Total Days on Market
10
Current Estimated Value
$604,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,988
Avg. Annual Appreciation
4.53%

Range of Values:

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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
Trieu Quoc Kim $3,150,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2022 08/04/22 Sold $525,000 +6.1% $501 / Sq Ft
07/07/2022 07/07/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $495,000 -- $472 / 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 $3,218 $419,200 $250,000 $169,200
2023 $1,679 $419,200 $250,000 $169,200
2022 $3,020 $419,200 $250,000 $169,200
2021 $3,020 $419,200 $250,000 $169,200
2020 $3,020 $419,200 $250,000 $169,200
2019 $2,768 $312,500 $200,000 $112,500
2018 $2,707 $312,500 $200,000 $112,500
2017 $2,707 $312,500 $200,000 $112,500
2016 $2,580 $312,500 $200,000 $112,500
2014 $2,484 $312,500 $200,000 $112,500
Source: Public Records

Agents Affiliated with this Home

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Source: Outer Banks Association of REALTORS®

MLS Number: 119478

Outer Banks Association of REALTORS®

APN: 003686004