Closing Price:
$725,000
$725,000
201 Burns Drive,
Kill Devil Hills, NC 27948
4 bd
4 ba
2150 sq ft
MLS #: 124910
Status: Closed
Sold Details
Status: Closed
Sold Price: $720,000.00
Closing Date: 6/11/2024
Contract Date: 4/17/2024
Seller Concessions: Yes
Concession Comments: home warranty, $1,500
Total Days on Market:
Cumulative Days on Market: 41
Due Diligence Date: 5/17/2024
Listing Information
Area: Kill Devil Hills Westside
Mls Status: Closed
Days On Market: 41
Cumulative Days On Market: 41
Listing Price: $725,000
Original Listing Price: $725,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 6/12/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 2150
Total Living Area Sq Ft: 2150
Asking Price Per SqFt: $337.00
Heated Living Area Sq Ft: 2150
BedroomsTotal: 4
Bathrooms Full: 4
Year Built: 2016
Garage: Carport
Architectural Style: Beach Box, Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
Roof: Asphalt
Foundation: Piling
Pool: No
Counter Tops: Granite,Quartz
Cooling: Central Air, Heat Pump, Multi Units
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Central, Heat Pump, Zoned, Mini-Split
Room Type: In-Law Apartment
Flooring: Carpet, Tile, Engineered Wood
Construction Materials: Frame
Legal Description
County: Dare
Subdivision: Ocean Acres Tract 3
Deed Book: 2641
Deed Book Page Number: 418
County Pin Number: 988316949743
Price Change: 6/11/2024
Road Surface: Paved, Public
Lot Details
Lot Size Acres: 0.18
Lot Size Square Feet: 8000
Lot Features: Corner Lot
Waterfront: None
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2023
Annual Property Taxes: $2,957.00
Home Oner Insurance Expense: 1962
Flood Zone: X
Wind Insurance: 5060
Water Source: Municipal
Yearly Water Expense: 530
Yearly Elecric Expense: 1780
Yearly Cable Tv Expense: 1800
Contract Status Change Date: 6/12/2024
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Ceiling Fan(s),Common Laundry Area,Covered Decks,Fenced Yard,Landscaped,Outside Shower,Patio,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: none
Primary Residence: No
HOA Contact Info: none
Rental Income
Annual Rental Income: 91000
Rental Performance: 0.1264
Owner Renatl Income 2023 Amount: 60462
Listing Agent Remarks
Luxurious Coastal Retreat with Income Potential! Discover the epitome of coastal living in this exquisite 4 bedroom, 4 bath retreat boasting quality construction, premium furnishings, and breathtaking decor. Nestled in a serene coastal enclave, this home offers a haven of tranquility while providing an excellent opportunity for rental income. Property Overview: This meticulously crafted home is divided into three distinct rental spaces, making it ideal for both personal enjoyment and lucrative rental opportunities. Top Floor: The top floor features an expansive open layout encompassing a stylish kitchen, inviting living room, and elegant dining area. Two spacious bedrooms and two luxurious bathrooms offer comfort and privacy, while a versatile flex room, currently utilized as storage, presents the perfect opportunity for a home office or additional living space. Ground Level: On the ground level, two separate units each offer a cozy bedroom, well-appointed bathroom, and convenient kitchenette. This configuration provides flexibility for guests or tenants seeking privacy and convenience. Outdoor Amenities: Step outside to discover two inviting firepit areas, where you can gather with loved ones to enjoy the cool coastal evenings under the stars. The lush surroundings create a tranquil atmosphere, perfect for relaxation and rejuvenation. Rental Potential: This property presents an exceptional opportunity for rental income, with a history of aggressive Airbnb rental in 2021 grossing an impressive $91,000. Whether you're looking for a lucrative investment or a private coastal escape, this home offers the best of both worlds. Additional Features: Quality construction and premium finishes throughout Thoughtfully curated furnishings and decor Ample storage space Off-street parking available Close proximity to beaches, dining, shopping, and entertainment options 1 new HVAC in 2022. Don't miss your chance to own this luxurious coastal retreat with income potential. Schedule your showing today and experience the epitome of coastal living!
Directions
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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 201 Burns Drive in Kill Devil Hills is provided
courtesy of Coldwell Banker Seaside Realty KH C: 252-207-4484. Information is believed to be accurate but is not
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or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local
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