Shore Realty Outer Banks Home Sales

Listing Details For 1401 Virginia Dare Trail in Kill Devil Hills


MLS #: 90270
1401 S Virginia Dare Trail
Kill Devil Hills, NC 27948
Selling Price: $249,000
Asking Price: $269,000
Closing Date: 4/12/2016
Status: Sold CO OP by Member
Status Date: 4/9/2016



Listing Information

HeadlineGreat rental with 7% R.O.I
AreaKill Devil Hills Oceanside
Beds2
Full Baths2
Partial Baths0
Asking Price$269,000
Price Date4/9/2016
Original Asking Price$275,000
Price Per Square Foot$299
Days On Market150
Cumulative Days On Market150
Days On MLS148
Cumulative Days On MLS148
Listing Date11/14/2015
Listing TypeExclusive Right Sell
Input Date Date11/16/2015
Update Date4/9/2016 10:34:00 AM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeCondo
ClassRESIDENTIAL
StyleTraditional,Coastal
Year Built1981
Heated Living Area900
Air ConditoningCentral,Heat Pump
HeatingHeat Pump
AppliancesDishwasher,Microwave,Range/Oven,Refrigerator,Stackable Washer/Dryer
Interior FeaturesAll Window Treatments,Dryer Connection,Master Bath,Washer Connection
ExtrasBeach Access,Boardwalk to Beach,Ceiling Fan(s)
Floor CoveringsCarpet,Ceramic Tile
AppliancesDishwasher,Microwave,Range/Oven,Refrigerator,Stackable Washer/Dryer
ConstructionBlock,Frame
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,Association
ExteriorVinyl
FoundationPiling,Slab
Living Room Level 3
living Room Size Ocean View
Kitchen Level 3
Dining Room Level 3
Virtual Tour3

Lot Details & Legal Description

Address1401 S Virginia Dare Trail
Unit/Lot #Unit 12
SubdivisionRegency Condos
CountyDare
CityKill Devil Hills
StateNC
Zip27948
Deed Page0101
Deed Book1869
Doc Timestamp3/7/2016 4:07:00 PM
Pin Number98930906943012
Tax Database ID4
Tax Property ID98930906943012
Lot FacesE
Lot DescritionBeach Frontage,Water Frontage
View DescriptionOcean
Distance To WaterOceanfront
ZoningO
ParkingParking Lot,Paved,Off Street,Under
RoadsPaved,Public
Association AmenitiesOcean Access,Outdoor-Comm. Pool

Property Expense & Utilities

If the seller of this property located at 1401 Virginia Dare Trail in Kill Devil Hills has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NYes
Annual Association Fee$5,980
Association Fee IncludesBuilding Maintenance,Cable,Common Electric,Common Insurance,Flood Insurance,Grounds Maintenance,Management,Pool
Tax Year2015
Property Taxes$1,765
Hazard Insurance$705
Yearly Cable Expense$288
Yearly Electrical Expense$756
Water SourceMunicipal
Septic Disposal SystemCommunity Septic

Financial's

Rental Cottage NameReg-A12
Rental Cottage #Reg-A12
Rental Turnover DaySat
Finance OptionsCash,Conventional
Furniture Available ?Yes
Bill Of Sale?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count9

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 1401 Virginia Dare Trail is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Yearly Income Actual/EstimatedActual
Gross Annual Rental Income$20,370

Listing Agent Remarks

Prime location with stunning oceanfront views the moment you walk in the door. Top floor, end unit is in one of the most coveted locations of The Regency building. Unit 12 is on the south side and protected from harsh northeast wind and weather. Stunning ocean views from both living room and master bedroom. Both rooms open to private deck. Beautifully wide and stable beach with well vegetated dune. This beach is uncrowded and perfect location to spread out in peak summer season. Owners recently installed a new air conditioner, washer/dryer, refrigerator, rugs, sofa,3 new flatscreen TV's, and a stair tamer so guests do not have to carry their belongings. The gross income is just over $20,000, and if buyer chose to be more competitive with rentals could do even better. Relax under the new gazebo and walkway to the beach. This Condo Is a Real Find, and It's Move-In Ready!

Directions

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 1401 Virginia Dare Trail in Kill Devil Hills is provided courtesy of Heather Vandermyde. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 1401 Virginia Dare Trail in Kill Devil Hills is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 or 800-647-1868.

Schools

The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.




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