Closing Price:
$1,990,000
1011 N Virginia Dare Trail, Kill Devil Hills, NC 27948
8 bd
5 ba
4641 sq ft
MLS #: 116679
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,925,000.00
Closing Date: 12/15/2021
Contract Date: 11/2/2021
Seller Concessions: Yes
Concession Comments: Seller to credit Buyer $10,000 at closing
Total Days on Market:

Listing Information

Area: Kill Devil Hills Oceanside
Mls Status: Closed
Listing Price: $1,990,000
Original Listing Price: $1,925,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 12/16/2021
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4641
Asking Price Per SqFt: $429.00
Heated Living Area Sq Ft: 4641
BedroomsTotal: 8
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1994
Garage: 2 Car,Attached
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Outdoor Pool, Private
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Central, Heat Pump
Room Type: Foyer, Game Room
Flooring: Carpet, Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Kitty Hawk Shrs
Subdivision Name: Kitty Hawk Shores Extension
Deed Book: 1574
Deed Book Page Number: 278
County Pin Number: 988415732472
Price Change: 12/15/2021
Block: 11
Road Surface: Paved, Public

Lot Details

Land Tax Value: 1131000
Total Assessed Value: 1588100
Lot Size Acres: 0.55
Lot Features: Adj to Park Serv./Preserv, Beach Frontage, Level, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $11,442.00
Home Oner Insurance Expense: 6423
Flood Insurance Expense: 858
Water Source: Municipal
Yearly Expense: Estimated
Yearly Elecric Expense: 6054
Contract Status Change Date: 12/16/2021
Estimated Annual Fee Amt: $0.00
Sewer: Private Sewer
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bank/Institution Owned: No
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Hot Tub,Outside Shower,Sun Deck
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None

Rental Income

Annual Rental Income: 189769
Rental Performance: 0.0986
Owner Renatl Income 2022 Amount: 130115
Owner Rental Income 2021 Amount: 162723
Avertised Income 2021 Amount: 189769

Listing Agent Remarks

Oceanfront, Vacation Rental Home on a deep road to ocean lot with reverse floor plan presents panoramic views of pristine beach and Atlantic Ocean. Walk straight to the beach on the private walkway access from the pool area. Conveniently located in the hub of millionaire’s row, excellent opportunity for second home, rental investment, this beauty is located in front of the Wright Memorial Museum with direct views, close to restaurants, shops, activities offered in Kill Devil Hills.

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 1011 N 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 1011 N 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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