Closing Price:
$1,099,000
4249 N Virginia Dare Trail, Kitty Hawk, NC 27949
3 bd
2 ba
1428 sq ft
MLS #: 113979
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,100,000.00
Closing Date: 11/12/2021
Contract Date: 9/21/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 154
Due Diligence Date: 10/29/2021

Listing Information

Area: Kitty Hawk Oceanside
Mls Status: Closed
Days On Market: 154
Cumulative Days On Market: 154
Listing Price: $1,099,000
Original Listing Price: $1,099,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/13/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1428
Asking Price Per SqFt: $770.00
Heated Living Area Sq Ft: 1428
BedroomsTotal: 3
Bathrooms Full: 2
Year Built: 1954
Garage: Carport
Architectural Style: Coastal
Sub Type: Single Family Residence
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: No
Counter Tops: Granite
Cooling: Central Air
Interior Features: Beamed Ceilings
Heating: Electric, Forced Air
Flooring: Tile, Vinyl, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: A
County: Dare
Subdivision: Kitty Hawk Bch
Subdivision Name: Kitty Hawk Beach Rev Sec A
Deed Book: 2063
Deed Book Page Number: 0946
County Pin Number: 987615536900
Price Change: 11/12/2021
Block: 20
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.17
Lot Size Square Feet: 7308
Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $4,233.00
Home Oner Insurance Expense: 1933
Flood Zone: VE
Flood Insurance Expense: 4405
Water Source: Municipal
Contract Status Change Date: 11/13/2021
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: Boardwalk to Beach,Ceiling Fan(s),Outside Lighting,Patio,Sun Deck
HOA Contact Name: NA
Primary Residence: No
HOA Contact Info: NA

Rental Income

Annual Rental Income: 113835
Rental Performance: 0.1035
Avertised Income 2021 Amount: 106264

Listing Agent Remarks

THE PERFECT INVESTMENT! 12% GRR with Rental Projection! OCEANFRONT! 4 BEDROOM RENTAL MACHINE! Projected to generate $133,320 in 2022. Immaculate Kitty Hawk oceanfront with breathtaking views! Meticulously maintained! Everything has been updated and replaced with only the finest materials. Ideally located at mile post 3 in Kitty Hawk, it is convenient for its future owners and out of town guests. Through the front door, you are welcomed in a spacious foyer, where your eyes go straight to the picture window that showcases views of the ocean. There are four bedrooms and two bathrooms all full of natural light. The kitchen has been completely remodeled and includes NEW solid wood cabinetry, NEW stainless steel appliances, NEW LVP flooring, and NEW granite countertops. The interior features tongue and groove wood paneled ceilings and walls providing a coastal feel, solid wood doors, NEW fans and light fixtures, NEW bathroom vanities, NEW comfort height toilets, NEW bathroom flooring, and NEW furnishings. Exterior features include 8x8 pilings, NEW oceanfront and entry decks, NEW ground level deck providing shade after a day on the beach, outdoor shower, lighted picnic table area, NEW coasted soft soffit underpinning that never needs to be painted, NEW recessed lighting, easy to maintain vinyl siding, and paved parking for four cars. Well established income producer with a completely booked Summer season ahead. The perfect opportunity for a vacation home investment! You have to see it for yourself!

Directions

On the oceanfront at the corner of Balchen and the beach road

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 4249 N Virginia Dare Trail in Kitty Hawk is provided courtesy of Coldwell Banker Seaside Realty KH C: 919-390-4537. 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 4249 N Virginia Dare Trail in Kitty Hawk 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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