NOT LISTED FOR SALE

815 S Virginia Dare Trail Unit 104 Kill Devil Hills, NC 27948

Estimated Value: $601,200 - $690,000

2 Beds
2 Baths
1,005 Sq Ft
$651/Sq Ft Est. Value

Last Sold June 12, 2020

Last sale price $430,000 $428 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $4,449/month

259 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Outdoor Pool
  • First Flight Middle School Rated A-
  • Ocean View
  • Furnished

About This Home

As of June 2020

FULL-FACING OCEANFRONT CONDO! $10k below purchase, $11k below 2020 assessment! Light-filled, walk-in ready and fully-furnished with OCEAN VIEWS from BOTH bedrooms, kitchen, dining & den! Deep PRIVATE BALCONY! EXCELLENT INCOME! Three additional north-side windows not found in most neighboring condos. NEW HVAC and MATTRESSES! Carpet and high-quality composite balcony pub table & chairs new in 2015. You'll relax lulled by the waves at morning sunrise coffee & alfresco dining in evenings--superb beach-front vacationing! First Flight Retreat is one of OBX's newest and highest-acclaimed condo properties, unique with conditioned and carpeted INTERIOR HALLWAYS. Two ELEVATORS. POOL has kiddie pool, too! Game room and workout room! Boardwalk out to dune walkover. Non-assigned COVERED PARKING. Ground level lockable STORAGE! Great steady rental income, pet-friendly. Tends to book whole weeks but First Flight Rentals allows 3-night minimum stays maximizing income potential, helpful in shoulder seasons!

Last Agent to Sell the Property

Terry Cremia

Shore Realty License #204156 Listed on: 09/13/2019

Co-Listed By

Pat Preston

Shore Realty License #248991

Last Buyer's Agent

Karen DelVacchio

Basnight Realty License #222123

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,972

Year Built

  • Built in 2008

Lot Details

  • Beach Front

HOA Fees

  • $658 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 1,005 Sq Ft Home
  • Elevator
  • Furnished
  • Window Treatments
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Pool
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, management, pool
  • Jeff Shields, Seaside Mgmt Association, Phone Number (252) 261-1200
  • First Flight Retreat Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,972

Year Built

Built in 2008

Lot Details

0

HOA Fees

$658 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: On Beach Rd. between Baum St. and Clark St.
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator
  • Headline: FULL Ocean-Facing Balcony!
  • Heated Sq Ft: 1005
  • L V T Date: 09/13/2019
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 380
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C17783
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 2
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments

Exterior Features

  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • View: Ocean

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Management, Pool
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 7901
  • Hoa Contact: Jeff Shields, Seaside Mgmt
  • HOA Contact: (252) 261-1200

Lot Info

  • Lot Description: Beach Frontage
  • Deed Book: 1984

Rental Info

  • Est Annual Rental Income: 48583
  • Estimated Rental Performance: 0.113
  • Lease Terms: Variable
  • Rental Co: First Flight Rentals
  • Rental Cottage Name: Beach Retreat
  • Rental Cottage Number: FFR104
  • Rental Phone Number: 489-4747
  • Rental Turnover Day: Varies
  • Rental Contact Email: doris@firstflightrentals.com
  • Rental Contact Name: Doris Ann Younts, Mgr.
  • Rental Contact Phone: (252) 489-4747

Building Info

  • Year Built: 2008

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2019
  • Taxes: 3971.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2019
Closed on
Jun 11, 2020
Sold by
Shankweiler Gary C and Shankweiler Sharon M
Bought by
A J Pica Enterprises Ltd
Seller's Agent
Terry Cremia
Shore Realty
Buyer's Agent
Karen DelVacchio
Basnight Realty
List Price
$519,900
Sold Price
$430,000
Premium/Discount to List
-$89,900
-17.29%
Current Estimated Value
$654,550

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,550
Avg. Annual Appreciation
8.19%

Purchase Details

Listed on
Sep 22, 2014
Closed on
Oct 29, 2014
Sold by
First Flight Retreat Llc
Bought by
Shankweiler Gary C and Shankweiler Sharon M
Seller's Agent
Matt Whelan
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Vanessa Watson
Coastal Carolina Vacations
List Price
$499,000
Sold Price
$499,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.62%
Original Mortgage
$374,250
Interest Rate
4.26%
Mortgage Type
New Conventional
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
A J Pica Enterprises Ltd $430,000 None Available
Shankweiler Gary C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shankweiler Gary C $374,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/12/2020 06/12/20 Sold $430,000 -12.2% $428 / Sq Ft
05/29/2020 05/29/20 Pending -- -- --
05/05/2020 05/05/20 Price Changed $489,900 -2.0% $487 / Sq Ft
01/27/2020 01/27/20 Price Changed $499,999 -2.7% $498 / Sq Ft
11/19/2019 11/19/19 Price Changed $513,900 -1.2% $511 / Sq Ft
09/13/2019 09/13/19 For Sale $519,900 +4.2% $517 / Sq Ft
11/03/2014 11/03/14 Sold $499,000 0.0% $504 / Sq Ft View Prior Sale
09/22/2014 09/22/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $499,000 -- $504 / 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 $3,857 $501,600 $280,000 $221,600
2023 $2,009 $510,464 $280,000 $230,464
2022 $3,678 $510,464 $280,000 $230,464
2021 $3,678 $510,464 $280,000 $230,464
2020 $4,034 $510,464 $280,000 $230,464
2019 $4,034 $456,500 $312,500 $144,000
2018 $3,946 $456,500 $312,500 $144,000
2017 $3,946 $456,500 $312,500 $144,000
2016 $3,760 $456,500 $312,500 $144,000
2014 $3,621 $456,500 $312,500 $144,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106499

Outer Banks Association of REALTORS®

APN: 008143004