Closing Price:
$232,500
1401 S Virginia Dare Trail, Kill Devil Hills, NC 27948
2 bd
2 ba
936 sq ft
MLS #: 66611
Status: Closed

Sold Details

Status: Closed
Sold Price: $225,500.00
Closing Date: 9/13/2010
Contract Date: 9/9/2010
Total Days on Market:
Cumulative Days on Market: 558

Listing Information

Area: Kill Devil Hills Oceanside
Mls Status: Closed
Days On Market: 552
Cumulative Days On Market: 558
Listing Price: $232,500
Original Listing Price: $247,500
Possession: Close Of Escrow
Short Sale: No
Price Date: 9/15/2010
Furnishing Available: No
Bill Of Sale Amount: No
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 936
Asking Price Per SqFt: $248.00
Heated Living Area Sq Ft: 936
BedroomsTotal: 2
Bathrooms Full: 2
Year Built: 1981
Architectural Style: Contemporary
Sub Type: Condominium
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven
Foundation: Piling
Pool: Yes
Pool Features: In Ground
Screen Porch Size: NA
Cooling: Central Air, Heat Pump
Heating: Central, Electric, Heat Pump
Flooring: Carpet, Vinyl
Construction Materials: Wood Siding

Legal Description

Section: 1
County: Dare
Subdivision: Regency Condos
Subdivision Name: REGENCY CONDOMINIUMS
Deed Book: 1636
Deed Book Page Number: 485
County Pin Number: 98930906835211
Price Change: 9/14/2010
Block: B
Road Surface: Paved, Public
Association Amenities: Ocean Access, Outdoor-Comm. Pool

Lot Details

Lot Features: Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2009
Annual Property Taxes: $1,305.00
Home Oner Insurance Expense: 0
Flood Insurance Expense: 0
Water Source: Municipal
Yearly Water Expense: 0
Yearly Expense: Actual
Yearly Elecric Expense: 1200
Yearly Telephone Expense: 336
Yearly Cable Tv Expense: 0
Contract Status Change Date: 9/15/2010
Estimated Annual Fee Amt: $5,400.00
Sewer: Septic Tank
Tax Expense: 1305
Association Fee Includes: Building Maintenance, Cable TV, Common Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Water
Association Fee: 5400
Association Fee Yes or No: Yes

Financials

Bank/Institution Owned: Yes
Exterior: Vinyl
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Covered Decks,Outside Lighting
Covered Deck Size: YES-OCEAN

Rental Income

Annual Rental Income: 18887
Rental Performance: 0.0838

Listing Agent Remarks

UC- WE ARE JUST WAITING FOR PAPERWORK TO BE COMPLETED. TOP FLOOR-END UNIT- WITH WASHER/DRYER. THIS UNIT GROSSED OVER $18,000 WHEN IN RENTAL PROGRAM. IN FANTASTIC SHAPE, READY TO RENT, TERRIFIC OCEAN VIEWS. THE REGENCY CONDOS OFFERS ONE OF THE DEEPEST AND MOST HIGHLY VEGETATED LOTS ON THE ENTIRE OCEAN FRONT. ASSOCIATION DUES COVER ALL HAZARD, WIND, HAIL, FIRE AND FLOOD INSURANCE. ALSO INCLUDED IS CABLE AND WATER BILLS-THERE IS A QUARTERLY ASSESSMENT OF $500 DUE IN MAY, JULY AND OCT. ASSESSMENT WILL BE PRO-RATED AT CLOSING. THE ASSESSMENT IS FOR WHEN THE NOV 09' NOR EASTER HIT THE REGENCY SUBSTAINED DAMAGE. THE TOTAL ASSESSMENT WAS 1500 AND IT WAS BROKEN DOWN INTO 3 PAYMENTS OF 500. THERE IS ONLY ONE ASSESSMENT LEFT OF 500. EMPTY-SHOW ANY TIME!! MANAGEMENT COMPANY IS ADLAM MANAGEMENT 441-8857. PRESIDENT OF THE ASSOCIATION IS VINCENT THERRIEN - VINCENT.THERRIEN@NAVY.MIL Home Buyer Incentives 2-year HomeProtect Limited Home Warranty and up to 3.0% actual buyers closing cost of owner occupants only. Terms conditions and limitations apply.Sales Promotion with initial offerbefore August 31, 2010 with escrow closed before October 29th 2010

Directions

MILEPOST 9 ON THE OCEAN-REGENCY CONDOS

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 S Virginia Dare Trail in Kill Devil Hills is provided courtesy of Sun Realty - KDH C: 252-441-8011. 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 S 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.
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