Closing Price:
$995,000
4118 N Virginia Dare Trail, Kitty Hawk, NC 27949
3 bd
2 ba
1691 sq ft
MLS #: 124624
Status: Closed

Sold Details

Status: Closed
Sold Price: $995,000.00
Closing Date: 5/31/2024
Contract Date: 3/14/2024
Seller Concessions: Yes
Concession Comments: $9950 closing cost credit
Total Days on Market:
Cumulative Days on Market: 32
Due Diligence Date: 4/12/2024

Listing Information

Area: Kitty Hawk between Hwys
Mls Status: Closed
Days On Market: 32
Cumulative Days On Market: 32
Listing Price: $995,000
Original Listing Price: $1,049,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/16/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1691
Total Living Area Sq Ft: 1691
Asking Price Per SqFt: $588.00
Heated Living Area Sq Ft: 1691
BedroomsTotal: 3
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1950
Garage: Carport
Architectural Style: Coastal, Cottage
Sub Type: Single Family Residence
Appliances: Dishwasher, Microwave, Refrigerator, Range/Oven, Stackable Washer/Dryer, Wine Cooler
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: No
Cooling: Central Air, Heat Pump
Interior Features: Wet Bar
Heating: Electric, Forced Air, Heat Pump
Flooring: Laminate
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Kitty Hawk Bch Terr
Deed Book: 2588
Deed Book Page Number: 0424
County Pin Number: 987619623082
Price Change: 5/30/2024
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.17
Lot Size Dimensions: 50x150
Lot Size Square Feet: 7500
Lot Features: Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $3,137.00
Flood Zone: AH,VE
Water Source: Municipal
Contract Status Change Date: 5/31/2024
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
Electroni Locks: None
Bank/Institution Owned: No
Exterior: Hurricane Shutters,Wood
Extras: Beach Access,Ceiling Fan(s),Fenced Yard,Hot Tub,Outside Lighting,Outside Shower,Sun Deck,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: none
Primary Residence: No
HOA Contact Info: none

Rental Income

Annual Rental Income: 106327
Rental Performance: 0.1069
Owner Renatl Income 2023 Amount: 87694
Owner Renatl Income 2022 Amount: 94800

Listing Agent Remarks

Enjoy Oceanfront views that will never change and great beach access without the risk of being right on the Oceanfront! 'The View Cottage' is truly one of a kind and has been renovated over the years, keeping its charm and character while adding modern conveniences. The effective age is much newer than 1950, and it sleeps like a 4 bedroom (sleeps 10!). The large ocean view window and sliders in the living area fill the space with tons of natural light, and you will love all the details throughout like the bead board ceilings, original doors, and gas fireplace with tongue and groove wood work. The kitchen was remodeled by Ken Green and showcases Geos recycled glass counters, a wet bar with wine cooler, glass front cabinet doors, and a custom pull out pantry. The main level also features a Queen primary bedroom with en-suite bath, a double bunk room, a full hallway bathroom, custom built ins, and a laundry area. Relax on the brand new oversized front deck with new hot tub where you will experience beautiful ocean views, sunrises, and gorgeous moon lit nights over the ocean. You will be so close to the ocean that you may see dolphin right from the front deck on any given day! The 2nd level offers 2 additional bedrooms (Queen and Full) that share a hallway half bath. You will find plenty of storage with lots of closet space throughout, and a pull down attic with flooring and Thermax insulation. The front Ocean view sun deck offers plenty of seating with quality polywood furniture, and the exterior carport area provides a great shaded additional outdoor living space with a sofa, table and chairs, picnic table, and outdoor shower. Hurricane shutters on the front windows and doors offer added built-in protection when needed. The fenced in backyard is perfect for lawn games, and you will find everything you need in the utility shed from corn hole boards to beach gear and a beach cart to carry everything over to the beach! You will fall in love with this adorable cottage that offers all the comforts of home and an absolutely ideal location in Kitty Hawk. You will never lose your Ocean views as the vacant Oceanfront lots are not buildable. Over 10% estimated gross rental return with up to $106K projected for the 2024 season! Recent upgrades include a NEW exterior electrical service panel and new water heater '22, NEW smart tv's, and a brand NEW front and back deck with trex, NEW deck pilings, NEW hot tub, NEW fortified roof, and NEW main level heat pump in '23. The views are even better in person, and you cannot beat this location in Kitty Hawk! The owners use a non-deeded beach access a few houses down to the South...see aerial photo for details!

Directions

E on Balchen. Head South on VA DR Trail. Home South of Historic Street.

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 4118 N Virginia Dare Trail in Kitty Hawk is provided courtesy of Coldwell Banker Seaside Realty KH 252-599-6814. 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 4118 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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