NOT LISTED FOR SALE

807 N Virginia Dare Trail Unit 9 Kill Devil Hills, NC 27948

Estimated Value: $2,903,000 - $3,569,000

10 Beds
9.5 Baths
5,929 Sq Ft
$555/Sq Ft Est. Value

Last Sold October 12, 2020

Last sale price $2,360,000 $398 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $18,934/month

1,643 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Cabana
  • First Flight Middle School Rated A-
  • Home Theater
  • Rooftop Deck

About This Home

As of October 2020

Grande Atlantis features distinct upgrades and exquisite furnishings and is a must-see home! The elevator, theater, saltwater pool, luxurious outdoor living area, game-room and multiple master suites exceed expectations. The stunning views and open space is rare and valuable. This home is designed to cater to the needs of large families on vacation. Every box is checked, and the end result speaks for itself. Enjoy consistent income that is growing each year! $285,970 in rental income achieved in 2019. This property is in top shape with no deferred maintenance. This area of Kill Devil Hills enjoys one of the most stable beaches on the Outer Banks and extremely low erosion rates (no additional sand taxes). The access to the north provides privacy, overflow parking, and unparalleled views in this direction. The views here are truly panoramic from north to south. The elevation, dune and buffer between the home and Route 12 and the ocean are unmatched on the 600+ foot deep site. 2019 prime weekly rate: $18,490.

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 02/18/2016

Last Buyer's Agent

Shane Collins

SERHANT North Carolina LLC License #271508

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,821

Year Built

  • Built in 2003

Lot Details

  • Beach Front
  • Lot includes common area
  • Landscaped

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,929 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Home Theater
  • Library
  • Loft
  • Game Room
  • Sauna
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Cabana
  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting
  • Gazebo

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Septic System

Listing and Financial Details

  • Legal Lot and Block 9 / 8

Community Details

Overview

  • Kitty Hawk Shrs Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,821

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Gazebo, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Sauna, Smoke Detector(s), Whirlpool/Spa, Roof Top Deck
  • Flood Zone: X
  • Headline: Superior Home and Investment
  • Heated Sq Ft: 5929
  • L V T Date: 02/18/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 286310
  • Deed Book Pg Number: 0256
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: No
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: No
  • W And R Studios: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 10
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Wet Bar
  • Optional Rooms: Foyer, Game Room, Library/Study, Loft, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Custom, Salt, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Zoned
  • Sewer/Septic System: Non Conventional Septic

Lot Info

  • Lot Description: Adj. To Common Area, Beach Frontage, Water Frontage
  • Lot Number: Lot 9
  • Deed Book: 1902

Rental Info

  • Est Annual Rental Income: 285970
  • Estimated Rental Performance: 0.1212
  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Grande Atlantis
  • Rental Cottage Number: 901
  • Rental Phone Number: 252-261-3934

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2019
  • Taxes: 16821.48

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Oct 8, 2020
Sold by
807 North Kdh Llc
Bought by
Nadjarian Paul H and Nadjarian Rachel O
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Shane Collins
SERHANT North Carolina LLC
List Price
$2,495,000
Sold Price
$2,360,000
Premium/Discount to List
-$135,000
-5.41%
Total Days on Market
1643
Current Estimated Value
$3,293,114

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$933,114
Avg. Annual Appreciation
7.43%
Original Mortgage
$1,888,000
Outstanding Balance
$1,698,139
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,594,975

Purchase Details

Closed on
May 7, 2012
Sold by
Pattisall John A and Pattisall Catherine P
Bought by
807 North Kdh Llc

Purchase Details

Closed on
Jan 4, 2012
Sold by
Lane Kimberly H and Lane William J
Bought by
Pattisall John A and Pattisall Catherine P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$852,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2011
Sold by
Luxury Outer Banks Homes Llc
Bought by
Lane Kimberly H and Lane William J

Purchase Details

Closed on
Jul 6, 2009
Sold by
North Virginia Dare Trail Llc
Bought by
Luxury Outer Banks Homes Llc

Purchase Details

Closed on
Sep 17, 2007
Sold by
Lane William J and Lane Kimberly H
Bought by
807 North Virginia Dare Trail Llc

Purchase Details

Closed on
Aug 25, 2006
Sold by
Lane Kimberly H and Lane William J
Bought by
Lane William J and Lane Kimberly H
Source: Public Records

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    Section Image

Range of Values:

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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
Nadjarian Paul H $2,360,000 None Available
807 North Kdh Llc -- None Available
Pattisall John A $1,600,000 None Available
Lane Kimberly H -- None Available
Luxury Outer Banks Homes Llc -- None Available
807 North Virginia Dare Trail Llc -- None Available
Lane William J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nadjarian Paul H $1,888,000
Previous Owner Pattisall John A $460,000
Previous Owner 807 N Kdh Llc $1,000,000
Previous Owner Pattisall John A $852,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2020 10/12/20 Sold $2,360,000 -5.4% $398 / Sq Ft
08/18/2020 08/18/20 Pending -- -- --
06/30/2020 06/30/20 For Sale $2,495,000 0.0% $421 / Sq Ft
06/23/2020 06/23/20 Pending -- -- --
08/29/2018 08/29/18 Price Changed $2,495,000 -7.4% $421 / Sq Ft
02/18/2016 02/18/16 For Sale $2,695,000 -- $455 / 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 $17,488 $2,268,700 $1,116,500 $1,152,200
2023 $17,488 $2,314,788 $1,116,500 $1,198,288
2022 $16,678 $2,314,788 $1,116,500 $1,198,288
2021 $16,711 $2,314,788 $1,116,500 $1,198,288
2020 $16,678 $2,314,788 $1,116,500 $1,198,288
2019 $16,772 $1,870,600 $726,900 $1,143,700
2018 $16,404 $1,870,600 $726,900 $1,143,700
2017 $16,452 $1,870,600 $726,900 $1,143,700
2016 $15,632 $1,870,600 $726,900 $1,143,700
2014 $15,054 $1,870,600 $726,900 $1,143,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91213

Outer Banks Association of REALTORS®

APN: 003698000