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Closing Price:
$1,295,000
1501 N Virginia Dare Trail, Kill Devil Hills, NC 27948
8 bd
5 ba
3805 sq ft
MLS #: 69394
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,150,000.00
Closing Date: 11/9/2011
Contract Date: 9/29/2011
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 272

Listing Information

Area: Kill Devil Hills Oceanside
Mls Status: Closed
Days On Market: 272
Cumulative Days On Market: 272
Listing Price: $1,295,000
Original Listing Price: $1,359,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/9/2011
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: 3805
Asking Price Per SqFt: $340.00
Heated Living Area Sq Ft: 3805
BedroomsTotal: 8
Bathrooms Full: 5
Bathrooms Partial: 2
Year Built: 1999
Architectural Style: Coastal, Nags Head, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Features: Fiberglass, In Ground, Outdoor Pool
Builder Name: Tappero
Counter Tops: Laminate
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Heat Pump
Room Type: Breakfast Nook, Foyer, Game Room, Pantry, Utility Room
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame

Legal Description

County: Dare
Subdivision: None
Subdivision Name: none
Deed Book: 1573
Deed Book Page Number: 0451
County Pin Number: 988411652522
Price Change: 11/8/2011
Road Surface: Paved, Public

Lot Details

Lot Size Dimensions: 54.5x500
Lot Features: Beach Frontage, Waterfront
Lot Faces: E
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2010
Annual Property Taxes: $9,653.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 11/9/2011
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: Vinyl
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Screened Porch,Smoke Detector(s),Sun Deck
Primary Residence: No
Street Frontage : 54

Rental Income

Annual Rental Income: 82425
Rental Performance: 0.0717

Listing Agent Remarks

Oceanfront Home with Room to Grow located in Kill Devil Hills on " Millionaires Row". Potential to add up to 14 bedrooms! Good rental history. Large Lot 54.5x500ft. Large in-ground Pool 18x36 with walkway from the pool area leading to a dune top deck where you can watch the sun coming up over the Ocean. Spectacular views from the open reverse plan. Vaulted Great Room, Kitchen and Dining all have ocean views forever. Artist painted wall and decorated beautifully. Large fenced in pool area provides the perfect spot for grilling or entertaining or taking a dip. Spacious top floor covered screened porch for outside dining at sunset. Good Stable Dune line and wide beach make this a safe investment for many, many years to come! Tax assessed at 1,965,800. Potential for more income as home has only been rented from May 15 through October 31st.

Directions

Located directly across from Landing Drive, close to the 71/2 milepost. Just north of the old Quag's

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 1501 N Virginia Dare Trail in Kill Devil Hills is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-202-2815. 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 1501 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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