NOT LISTED FOR SALE

803 S Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $2,762,000 - $3,514,575

12 Beds
14 Baths
8,200 Sq Ft
$383/Sq Ft Est. Value

Last Sold November 28, 2012

Last sale price $1,500,000 $183 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $18,785/month

254 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • In Ground Pool
  • First Flight Middle School Rated A-
  • Home Theater
  • Second Refrigerator

About This Home

As of November 2012

Oceanfront vactation rental. Relax by the pool or enjoy the spectacular views of the ocean and the Wright Brothers Memorial.Handicap accessible.

Last Agent to Sell the Property

Jane Ford

Ford Luxury Properties, LLC License #212824 Listed on: 03/12/2012

Last Buyer's Agent

Jane Ford

Ford Luxury Properties, LLC License #212824 Listed on: 03/12/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,662

Year Built

  • Built in 2005

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
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Home Theater
  • Ocean Views
  • Home Security System

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 12 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Handicap Accessible

Pool

  • In Ground Pool
  • Spa
  • Vinyl Pool

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot lot 3

Community Details

Overview

  • Baum Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,662

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: South on Beach Road across from Thai Room
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Hot Tub, Jet Tub, Security System, 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, Washer, 2nd Refrigerator
  • Bedrooms: 12
  • Kitchen: Large, On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 11
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Dining Room: On Level: 3
  • Living Room: On Level: 3
  • Optional Rooms: Home Theater
  • Partial Bathrooms: 3

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Forced Air, 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 3
  • Deed Book: 1593

Rental Info

  • Est Annual Rental Income: 235000
  • Estimated Rental Performance: 0.1567
  • Lease Terms: Weekly
  • Other Expenses: 1292200
  • Rental Co: Carolina Designs
  • Rental Cottage Name: The Gadenia
  • Rental Cottage Number: 157
  • Rental Phone Number: 800-368-3825
  • Rental Turnover Day: saturday

Building Info

  • Year Built: 2005

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

Listed on
Mar 12, 2012
Closed on
Nov 28, 2012
Sold by
Cabaniss Charles K and Lynch Judy R
Bought by
The Gardenia House Llc
Seller's Agent
Jane Ford
Ford Luxury Properties, LLC
Buyer's Agent
Jane Ford
Ford Luxury Properties, LLC
List Price
$1,900,000
Sold Price
$1,500,000
Premium/Discount to List
-$400,000
-21.05%
Current Estimated Value
$3,138,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,638,288
Avg. Annual Appreciation
5.98%
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
The Gardenia House Llc -- None Available
Cabaniss Charles K $9,000,000 None Available
Source: Public Records

Mortgage History

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

Property History

Date Event Price Change Sq Ft Price
11/28/2012 11/28/12 Sold $1,500,000 -21.1% $183 / Sq Ft
11/21/2012 11/21/12 Pending -- -- --
03/12/2012 03/12/12 For Sale $1,900,000 -- $232 / 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 $16,434 $2,135,600 $1,145,500 $990,100
2023 $8,553 $2,175,204 $1,145,500 $1,029,704
2022 $15,672 $2,175,204 $1,145,500 $1,029,704
2021 $15,672 $2,175,204 $1,145,500 $1,029,704
2020 $20,078 $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 $1,798 $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: 74058

Outer Banks Association of REALTORS®

APN: 008145002