Closing Price: 
$1,990,000
 $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
   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: $1,131,000.00
 Total Assessed Value: $1,588,100.00
  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
 Insurance Expenses: $NaN
 Home Owner Insurance Expense: $6,423.00
  Flood Insurance Expense: $858.00
    Water Source: Municipal
 Yearly Water Expense: $NaN
    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
Estimated Annual Rental Income: $189,769.00
 Rental Performance: 0.0986
   Gross Income YTD Amt: $NaN
  Owner Rental Income 2026 Amount: $NaN
 Avertised Income 2026 Amount: $NaN
 Owner Rental Income 2025 Amount: $NaN
 Avertised Income 2025 Amount: $NaN
 Owner Rental Income 2024 Amount: $NaN
 Avertised Income 2024 Amount: $NaN
 Owner Rental Income 2023 Amount: $NaN
 Avertised Income 2023 Amount: $NaN
 Owner Rental Income 2022 Amount: $130,115.00
 Avertised Income 2021 Amount: $NaN
 Owner Rental Income 2021 Amount: $NaN
 Avertised Income 2021 Amount: $NaN
          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
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			means the property at 1011 N Virginia Dare Trail in Kill Devil Hills is no longer available for sale.
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