Closing Price:
$2,795,000
$2,795,000
1007 Virginia Dare Trail,
Kill Devil Hills, NC 27948
10 bd
10 ba
5800 sq ft
MLS #: 84460
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,650,000.00
Closing Date: 10/24/2014
Contract Date: 10/7/2014
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 100
Listing Information
Area: Kill Devil Hills Oceanside
Mls Status: Closed
Days On Market: 100
Cumulative Days On Market: 100
Listing Price: $2,795,000
Original Listing Price: $2,695,000
Short Sale: No
Price Date: 10/24/2014
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 5800
Asking Price Per SqFt: $482.00
Heated Living Area Sq Ft: 5800
BedroomsTotal: 10
Bathrooms Full: 10
Bathrooms Partial: 1
Year Built: 2000
Sub Type: Single Family Residence
Pool: Yes
Pool Type: Private
Legal Description
County: Dare
Subdivision: Kitty Hawk Shrs
Subdivision Name: Kitty Hawk Shores
Deed Book: 1434
Deed Book Page Number: 0058
County Pin Number: 988415733245
Price Change: 10/23/2014
Block: 10
Lot Details
Lot Size Dimensions: 50x500
Lot Size Square Feet: 25000
Water Frontage: 50
Waterfront: Ocean Front
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2014
Annual Property Taxes: $14,593.00
Home Oner Insurance Expense: 8526
Flood Insurance Expense: 10726
Yearly Water Expense: 2374
Other Yearly Expense: 708700
Total Yearly Expense: 35941
Pool Or Spa Expense: 3100
Yearly Expense: Actual
Yearly Elecric Expense: 8769
Yearly Telephone Expense: 744
Yearly Cable Tv Expense: 819
Contract Status Change Date: 10/24/2014
Estimated Annual Fee Amt: $0.00
Septic Fee: 600
Other Expenses 2: 150
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Seller to Sever Oil/Gas: No
Bank/Institution Owned: No
Oil/Gas Severed Pre Owner: No Representation
Oil/Gas Severed By Seller: No
Primary Residence: Yes
Street Frontage : 50
Rental Income
Annual Rental Income: 318908
Rental Performance: 0.1203
Listing Agent Remarks
Consistently produces 35 bookings which yields $280,000 in net rental income (before commissions), $257,000 net to Owners AFTER commissions. These are actual rents, not estimates. This majestic 10BR home is located on one of the largest and most desirable properties on the Outer Banks with nearly 25,000 sf of land and with no house directly next door to the north, expansive uninterrupted views of the Atlantic to the east, over 400 acres of open park land surrounding the Wright Brothers Memorial to the west, and only other multi-million dollar estates to the south; far from multiple condominium complexes and mega time share units. This beautiful Florez & Florez designed home is located in Millionaire Row, and has the expanse that you are looking for, the outside as inviting as the inside with water fall fed heated pool, cabana area with sauna, wetbar, full bath, TV, stone fireplace, refrigerator, intercom, and roof deck. Compare Just Peachy to any 12 or 13 bedroom property and you will see it out performs them while saving you the expense of maintaining larger square footage properties. With fewer guests allowed per week, your expenses are much lower: You do not have to outfit as many bedrooms, cleaning costs, painting, repairs, maintenance, supplies, heating and cooling, all utilities are less and considerable fewer calls from the management company to deal with. There is no downside side to how this works, just a win for you. See Broker notes for the detailed description of each level of the home. Renters absolutely LOVE this home - check out COMPLETE DETAILS AND RENTAL REVIEWS AVAILABLE AT: www.justpeachyobx.com
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 1007 Virginia Dare Trail in Kill Devil Hills is provided
courtesy of Surfside Realty rick@outerbanker.com. 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 1007 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.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)