NOT LISTED FOR SALE

801 S Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $3,684,377 - $3,850,000

12 Beds
14 Baths
8,200 Sq Ft
$458/Sq Ft Est. Value

Last Sold July 11, 2013

Last sale price $1,615,000 $197 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $21,923/month

Highlights

  • Ocean Front
  • Beach Access
  • 20,500 Sq Ft lot
  • First Flight Middle School Rated A-
  • Spa
  • Second Refrigerator

About This Home

As of July 2013

Outstandiing vacation rental. Relax by the pool or enjoy the spectacular views of the ocean and the Wright Brothers Memorial.. Special Features: 8,200 square feet. PRIVATE POOL; kiddie pool; hot tub; elevator; Special needs amenities available. Saturday turnover.

Last Agent to Sell the Property

Jane Ford

Ford Luxury Properties, LLC License #212824 Listed on: 03/15/2012

Last Buyer's Agent

Gray Berryman

Carolina Designs Realty License #214315

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,662

Year Built

  • Built in 2006

Lot Details

  • 0.47 Acre Lot
  • Ocean Front

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 8,200 Sq Ft Home
  • Elevator
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Ocean Views
  • Fire and Smoke Detector
  • Dryer

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • Hydromassage or Jetted Bathtub

Pool

  • Spa
  • Outdoor Shower
  • Vinyl Pool

Outdoor Features

  • Beach Access
  • Sun Deck
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot lot 2

Community Details

Overview

  • Baum Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,662

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: south on beach road across from Thai room resturant
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Elevator, Hot Tub, Jet Tub, Outside Shower, Smoke Detector(s), Sun Deck, Tiki Bar
  • Flood Zone: X
  • Headline: Outstanding Oceanfront
  • Heated Sq Ft: 8200
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: r
  • Deed Book Pg Number: 0283
  • Middle School District: First Flight
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 12
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 11
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Wet Bar
  • Partial Bathrooms: 3

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Schools

  • Elementary School: First Flight
  • Middle School: First Flight
  • High School: First Flight

Lot Info

  • Estimated Lot Sq Ft: 20500
  • Lot Description: Water Frontage
  • Lot Number: lot 2
  • Deed Book: 1593

Rental Info

  • Est Annual Rental Income: 235000
  • Estimated Rental Performance: 0.1455
  • Lease Terms: Weekly
  • Other Expenses: 1291200
  • Rental Co: Carolina Designs
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2006

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 16661.77

MLS Schools

  • Senior High School District: First Flight

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 22, 2015
Sold by
Errett Thu and Narimanian Mehdi
Bought by
Znc Kdh Llc
Current Estimated Value
$3,768,008

Purchase Details

Listed on
Mar 15, 2012
Closed on
Jul 9, 2013
Sold by
Shanahan Jeremiah T and Shanahan Kristen D
Bought by
Errett Thu and Narimanian Mehdi
Seller's Agent
Jane Ford
Ford Luxury Properties, LLC
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$1,900,000
Sold Price
$1,615,000
Premium/Discount to List
-$285,000
-15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
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
Znc Kdh Llc -- None Available
Errett Thu $1,615,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shanahan Jeremiah T $350,000
Previous Owner Shanahan Jeremiah T $2,356,000
Previous Owner Shanahan Jeremiah T $2,333,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2013 07/11/13 Sold $1,615,000 -15.0% $197 / Sq Ft
03/15/2012 03/15/12 For Sale $1,900,000 -- $232 / Sq Ft
03/13/2012 03/13/12 Pending -- -- --
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 $16,699 $2,165,400 $1,145,500 $1,019,900
2023 $16,668 $2,206,196 $1,145,500 $1,060,696
2022 $15,896 $2,206,196 $1,145,500 $1,060,696
2021 $15,896 $2,206,196 $1,145,500 $1,060,696
2020 $15,672 $2,175,204 $1,145,500 $1,029,704
2019 $20,078 $2,231,700 $708,700 $1,523,000
2018 $19,638 $2,231,700 $708,700 $1,523,000
2017 $19,638 $2,231,700 $708,700 $1,523,000
2016 $18,668 $2,226,200 $708,700 $1,517,500
2014 $18,036 $2,226,200 $708,700 $1,517,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74057

Outer Banks Association of REALTORS®

APN: 008145001