NOT LISTED FOR SALE

815 S Virginia Dare Trail Unit 309 Kill Devil Hills, NC 27948

Estimated Value: $520,484 - $552,000

1 Bed
1 Bath
660 Sq Ft
$818/Sq Ft Est. Value

Last Sold October 09, 2015

Last sale price $387,000 $586 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,663/month

913 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 October 2015

Over a 10% ROI. This Penthouse with 12+ foot ceilings does over 40K in GROSS RENTS. The Hot Tub on the oceanfront terrace makes this home a true retreat! First Flight Retreat oceanfront condos offer a retreat like no other. The sophisticated buyer will appreciate the well-appointed furnishings & details throughout. Granite counter tops, ceramic tile flooring, stainless appliances, private oceanfront terrace. Heated saltwater pool, spa, fitness center & game room. If oceanfront is your dream, call today for more information! 30 Year Financing Available.

Last Listed By

Matt Whelan

Outer Banks Blue Realty Srvcs. License #168217 Listed on: 01/12/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,083

Year Built

  • Built in 2007

Lot Details

  • 2.39 Acre Lot
  • Beach Front
  • 250 Feet of Waterfront

HOA Fees

  • $403 Monthly HOA Fees

Home Design

  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Metal Construction or Metal Frame
  • Cement Board or Planked
  • Masonry

Interior Spaces

  • 660 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • En-Suite Primary Bedroom
  • 1 Full Bathroom

Parking

  • Tuck Under Parking
  • Paved Parking
  • Parking Garage Space
  • Reserved Parking

Outdoor Features

  • Outdoor Pool
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, water, walkways
  • Jeff Sheilds/Seaside Managemen Association, Phone Number (252) 261-1200
  • Built by Mckenzie Brothers out of VA-B
  • First Flight Retreat Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,083

Year Built

Built in 2007

Lot Details

0

HOA Fees

$403 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head
  • Directions: Oceanfront MP 8.5 on the Beach Road
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Smoke Detector(s)
  • Headline: Highest Income on Beach 1BR
  • Heated Sq Ft: 660
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: OIR
  • Deed Book Pg Number: 124
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 1
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • Homebuilder: Mckenzie Brothers out of VA-B
  • Construction: Frame, Masonry, Metal
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 250
  • View: Ocean
  • Water Frontage: 250

Garage/Parking

  • Parking: Parking Garage, Paved, Reserved, Under

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 4838
  • Hoa Contact: Jeff Sheilds/Seaside Managemen
  • HOA Contact: 252-261-1200

Lot Info

  • Estimated Lot Sq Ft: 104000
  • Lot Description: Beach Frontage
  • Deed Book: 1796

Rental Info

  • Est Annual Rental Income: 42643
  • Estimated Rental Performance: 0.1102
  • Other Expenses: 303300
  • Rental Co: First Flight Rentals
  • Rental Cottage Number: FFR-309
  • Rental Phone Number: 252-489-4747
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2007

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 2083

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2013
Closed on
Oct 6, 2015
Sold by
Saunders Randy M
Bought by
Smyth Gayleen
Seller's Agent
Matt Whelan
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$419,900
Sold Price
$387,000
Premium/Discount to List
-$32,900
-7.84%
Total Days on Market
913
Current Estimated Value
$539,621

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,621
Avg. Annual Appreciation
3.43%

Purchase Details

Closed on
Mar 24, 2009
Sold by
First Flight Retreat Llc
Bought by
Saunders Randy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,750
Interest Rate
5.18%
Mortgage Type
Unknown

Range of Values:

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Average Value
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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
Smyth Gayleen -- None Available
Saunders Randy M $475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Saunders Randy M $23,750
Previous Owner Saunders Randy M $380,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2015 10/09/15 Sold $387,000 -7.8% $586 / Sq Ft
07/14/2015 07/14/15 Pending -- -- --
01/12/2013 01/12/13 For Sale $419,900 -- $636 / 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 $3,214 $418,500 $260,000 $158,500
2023 $3,210 $424,840 $260,000 $164,840
2022 $3,061 $424,840 $260,000 $164,840
2021 $3,066 $424,840 $260,000 $164,840
2020 $3,061 $424,840 $260,000 $164,840
2019 $3,255 $368,700 $260,000 $108,700
2018 $3,188 $368,700 $260,000 $108,700
2017 $3,184 $368,700 $260,000 $108,700
2016 $3,034 $368,700 $260,000 $108,700
2014 $2,879 $368,700 $260,000 $108,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77446

Outer Banks Association of REALTORS®

APN: 008143037