NOT LISTED FOR SALE

815 S Virginia Dare Trail Unit 314 Kill Devil Hills, NC 27948

Estimated Value: $448,000 - $563,000

1 Bed
1 Bath
736 Sq Ft
$720/Sq Ft Est. Value

Last Sold June 15, 2017

Last sale price $362,700 $493 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,497/month

244 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Health Club
  • First Flight Middle School Rated A-
  • Ocean View
  • Heated Pool

About This Home

As of June 2017

11.3% Gross Return...Consistent $40,000+ annual income helps pay its own way! Amazing direct ocean and beach views from this 3rd floor penthouse condo!...in "Like New" condition...turn key and ready for the next lucky owner!... Truly a vacation spot you can enjoy!...Super low maintenance!...New HVAC system in 2013! Community health club and sunny elevated heated pool! Great location and super wide beaches!...It's a perfect affordable oceanfront condo!...Ideal for a high income vacation home...2nd home or even a year round residence!

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 09/08/2016

Last Buyer's Agent

Terry Cremia

Shore Realty License #204156

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,033

Year Built

  • Built in 2008

Lot Details

  • Beach Front
  • Landscaped

HOA Fees

  • $424 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Property Attached
  • Entry on the 3rd floor
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Metal Construction or Metal Frame
  • Cement Board or Planked

Interior Spaces

  • 736 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
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Parking Garage Space
  • Parking Lot

Pool

  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, water
  • Seaside Management Brittany Association, Phone Number (252) 261-1200
  • First Flight Retreat Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Health Club
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,033

Year Built

Built in 2008

Lot Details

0

HOA Fees

$424 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Landscaped, Smoke Detector(s)
  • Flood Zone: VE
  • Headline: 11.3%GrossReturn! 3rd Story!
  • Heated Sq Ft: 736
  • L V T Date: 09/09/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res Condo
  • Deed Book Pg Number: 0372
  • Office License Number: C15771
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Construction: Frame, Metal, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Custom, Heated, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Parking Lot, Parking Garage

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Water
  • Condo Type: Attached
  • Association Amenities: Health Club, Ocean Access, Outdoor-Comm. Pool, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 5085
  • Hoa Contact: Seaside Management-Brittany
  • HOA Contact: 252.261.1200
  • Home Owner Dwelling Insurance: 272

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1859

Rental Info

  • Flood Expenses: 392
  • Lease Terms: Weekly
  • Rental Co: First Flight Rentals
  • Rental Cottage Name: Just Wright
  • Rental Cottage Number: FFR314
  • Rental Phone Number: 2524894747
  • Annual Electric: 885

Building Info

  • Year Built: 2008

Tax Info

  • Year: 2016
  • Taxes: 3033

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 5, 2024
Sold by
Flight 314 Llc
Bought by
Pointbreak-Kdh Llc
Current Estimated Value
$529,660

Purchase Details

Closed on
Jun 20, 2024
Sold by
Franzblau Craig E and Franzblau Lilia
Bought by
Flight 314 Llc

Purchase Details

Listed on
Sep 8, 2016
Closed on
Jun 15, 2017
Sold by
Watkins James Patterson and Honeycutt Jane Denise
Bought by
Franzblau Craig E and Franzblau Lilia
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Terry Cremia
Shore Realty
List Price
$395,000
Sold Price
$362,700
Premium/Discount to List
-$32,300
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%

Purchase Details

Closed on
Feb 8, 2011
Sold by
First Flight Retreat Llc
Bought by
Watkins James Patterson and Honeycutt Jane Denise

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
4.66%
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
Pointbreak-Kdh Llc -- None Listed On Document
Flight 314 Llc $585,000 None Listed On Document
Franzblau Craig E $363,000 None Available
Watkins James Patterson $390,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Watkins James Patterson $312,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2017 06/15/17 Sold $362,700 -8.2% $493 / Sq Ft
05/10/2017 05/10/17 Pending -- -- --
09/08/2016 09/08/16 For Sale $395,000 -- $537 / 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 $3,176 $413,600 $260,000 $153,600
2023 $3,171 $419,744 $260,000 $159,744
2022 $3,024 $419,744 $260,000 $159,744
2021 $3,024 $419,744 $260,000 $159,744
2020 $3,024 $419,744 $260,000 $159,744
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 $2,922 $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: 93676

Outer Banks Association of REALTORS®

APN: 008143041