NOT LISTED FOR SALE

505 S Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $3,915,292 - $6,616,000

0.68 Acre
$7,734,166 Price per Acre
29,427 Sq Ft Lot

Last Sold September 24, 2014

Last sale price $1,026,000

Est. 409% increase in value since last sale

Current estimated payment $30,391/month

6 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 29,427 Sq Ft lot
  • First Flight Middle School Rated A-

About This Lot

As of September 2014

Own 1/2 an acre of prime oceanfront land in Kill Devil Hills. Currently a cottage court with potential for new construction structure. Community sewer hook up possible per Kill Devil Hills Waste Management at this time. Ideal parcel for investors, builders or developers. Healthy mature dune with ample beach frontage. Survey available upon request.

Last Agent to Sell the Property

Rachel Neal Neal

Southern Shores Realty License #259346 Listed on: 02/11/2014

Last Buyer's Agent

Gray Berryman

Carolina Designs Realty License #214315

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,797

Lot Details

  • 0.68 Acre Lot
  • Beach Front

Additional Features

  • Ocean Views
  • Municipal Utilities District Water

Community Details

  • Kill Devil Hills Sec 1 Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$5,797

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Beach Road South right across from Port O'Call north of Cavalier Motel
  • Headline: Oceanfront Lot in KDH
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0380
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Utilities

  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 29427
  • Lot Description: Beach Frontage
  • Deed Book: 1739
  • Unit/Lot Number: Lot # 2

Tax Info

  • Year: 2013
  • Taxes: 5796.95

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2024
Sold by
Ulickas Walter J and Ulickas Teresa J
Bought by
Paradise 3 Llc
Current Estimated Value
$5,224,823
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Paradise 3 Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ulickas Walter J $1,800,000
Previous Owner Neal Latimer Briggs $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2014 09/24/14 Sold $1,026,000 -6.7% --
02/17/2014 02/17/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $1,100,000 -- --
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 $31,957 $4,112,900 $1,189,000 $2,923,900
2023 $31,957 $4,229,856 $1,189,000 $3,040,856
2022 $30,476 $4,229,856 $1,189,000 $3,040,856
2021 $30,560 $4,229,856 $1,189,000 $3,040,856
2020 $30,476 $4,229,856 $1,189,000 $3,040,856
2019 $35,588 $3,926,900 $654,200 $3,272,700
2018 $34,946 $3,926,900 $654,200 $3,272,700
2017 $34,946 $3,926,900 $654,200 $3,272,700
2016 $33,170 $3,926,900 $654,200 $3,272,700
2014 $6,029 $772,000 $578,200 $193,800
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2014

    Rachel Neal Neal

    Southern Shores Realty

    (252) 599-6200

    2 in this area

    16 Total Sales

    Section Image
  • Gray Berryman

    Buyer's Agent in 2014

    Gray Berryman

    Carolina Designs Realty

    (252) 573-9503

    12 in this area

    201 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 82270

Outer Banks Association of REALTORS®

APN: 004232001

North Carolina Dare County Kill Devil Hills 27948

505 S Virginia Dare Trail, Kill Devil Hills, NC

This home is located at 505 S Virginia Dare Trail, Kill Devil Hills, NC 27948 since 11 February 2014 and is currently estimated at $5,224,823. 505 S Virginia Dare Trail is a home located in Dare County with nearby schools including First Flight 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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