Closing Price:
$3,000,000
2025 S Virginia Dare Trail, Kill Devil Hills, NC 27948
5 bd
3 ba
2700 sq ft
MLS #: 116580
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,850,000.00
Closing Date: 3/29/2022
Contract Date: 11/15/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 22
Due Diligence Date: 2/13/2022

Listing Information

Area: Kill Devil Hills Oceanside
Mls Status: Closed
Days On Market: 22
Cumulative Days On Market: 22
Listing Price: $3,000,000
Original Listing Price: $3,000,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/29/2022
Furnishing Available: No
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2700
Asking Price Per SqFt: $1,111.00
Heated Living Area Sq Ft: 2700
BedroomsTotal: 5
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 1970
Garage: Attached
Architectural Style: Traditional
Sub Type: Single Family Residence
Appliances: Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: No
Counter Tops: Laminate,Other
Cooling: Multi Units
Interior Features: Pantry
Heating: Mini-Split
Room Type: Pantry, Utility Room
Flooring: Carpet, Vinyl
Construction Materials: Frame

Legal Description

Section: 4
County: Dare
Subdivision: Nags Head Shores
Deed Book: 2058
Deed Book Page Number: 96
County Pin Number: 989313241105
Price Change: 3/28/2022
Block: 3
Road Surface: Paved, Public

Lot Details

Total Assessed Value: 1661200
Lot Size Acres: 1.17
Lot Size Square Feet: 51150
Lot Features: Beach Frontage, Level, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $12,068.00
Flood Zone: VE,X
Water Source: Municipal
Contract Status Change Date: 3/29/2022
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bank/Institution Owned: No
Exterior: Shakes
HashTag of Units: 1
Extras: Ceiling Fan(s),Covered Decks,Outside Shower,Screened Porch,Storm Doors,Sun Deck,Inside Laundry Room
HOA Contact Name: none
Primary Residence: No
HOA Contact Info: n/a

Rental Income

There is no rental income information available

Listing Agent Remarks

This vintage oceanfront cottage tucked into the dunes provides a rare opportunity to own nearly an acre of oceanfront land on a 100-foot wide lot. The value of this property is in the land and the development potential. Subdivide into two oceanfront parcels, tap into the sewer system (KDHWWTP) to develop a cottage court or larger home, or restore the classic OBX cottage for the enjoyment of generations to come. This property is conveniently located near the Nags Head & Kill Devil Hills town line and is within walking distance of local restaurants, breweries, and groceries. Built-in 1970, the cottage has 4 spacious bedrooms - 2 bedrooms with ocean views, and 2.5 bathrooms. Tall cathedral ceilings and an approximately 500 square feet screened-in porch with ocean views add to the charm and character of this classic beach cottage. The healthy dune system adds privacy and ambiance to the oceanfront decks and beach access. The property has an X flood zone west of the dune and a VE flood zone on the oceanside of the property. This home was used as a second family home for decades and has recently been on the vacation rental market with a conservative rental history of $50k.

Directions

(none)

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 2025 S Virginia Dare Trail in Kill Devil Hills is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-412-5991. 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 2025 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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