Listing Details For 1601 N Virginia Dare Trail in Kill Devil Hills

Closing Price:
$899,000
1601 N Virginia Dare Trail, Kill Devil Hills, NC 27948
3 bd
2 ba
1973 sq ft
MLS #: 123356
Status: Closed

Sold Details

Status: Closed
Sold Price: $869,000.00
Closing Date: 12/1/2023
Contract Date: 10/17/2023
Seller Concessions: Yes
Concession Comments: $1,500 repair concession
Total Days on Market:
Cumulative Days on Market: 39
Due Diligence Date: 11/10/2023

Listing Information

Area: Kill Devil Hills Oceanside
Mls Status: Closed
Days On Market: 39
Cumulative Days On Market: 39
Listing Price: $899,000
Original Listing Price: $899,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 12/3/2023
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: 1973
Asking Price Per SqFt: $456.00
Heated Living Area Sq Ft: 1973
BedroomsTotal: 3
Bathrooms Full: 2
Year Built: 1988
Architectural Style: Coastal
Sub Type: Condominium
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Garage, Reserved, Underground
Foundation: Masonry
Pool: Yes
Pool Type: Association
Pool Features: Concrete, Association, Outdoor Pool
Sun Deck Size: 304
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Walk-In Closet(s)
Heating: Central, Heat Pump
Room Type: Foyer, Utility Room
Flooring: Plank, Laminate
Construction Materials: Masonry

Legal Description

Section: 1
County: Dare
Subdivision: Crystal Shores
Subdivision Name: Cyrstal Shores Condos
Deed Book: 2447
Deed Book Page Number: 0544
County Pin Number: 98841156647303
Price Change: 12/2/2023
Block: B
Road Surface: Paved, Public
Association Amenities: Board Walk, Ocean Access, Outdoor-Comm. Pool

Lot Details

Lot Size Dimensions: 200 x 500
Lot Features: Beach Frontage, Waterfront
Lot Faces: E
Water Frontage: 200
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $5,918.00
Flood Zone: VE
Other Insurance: 5106
Water Source: Municipal
Contract Status Change Date: 12/3/2023
Estimated Annual Fee Amt: $8,640.00
Sewer: Shared Septic
Association Fee Includes: Building Maintenance, Cable TV, Electricity, Maintenance Grounds, Management, Other-See Remarks, Pool, Sewer/Septic, Water, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Listing Restrictions: Variable Rate Comp
Exterior: Block,Shakes
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Outside Lighting,Outside Shower,Patio,Smoke Detector(s),Dry Entry,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Seaside Management
Primary Residence: No
Street Frontage : 200
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 89776
Rental Performance: 0.1033
Owner Renatl Income 2023 Amount: 62409
Avertised Income 2023 Amount: 70319
Owner Renatl Income 2022 Amount: 67561
Avertised Income 2021 Amount: 73413
Owner Rental Income 2021 Amount: 59050
Avertised Income 2021 Amount: 64615

Listing Agent Remarks

Oceanfront, Oceanfront, Oceanfront...this is the perfect Outer Banks home, as a large (1,973 sf) 3 bedroom Luxury Oceanfront condo, with excellent ocean views, with the easiest & most direct beach access you will find, beautifully remodeled & with stylish furnishings and décor, providing high rental income if desired ($89k projected annual owners rents with full availability), all in the prestigious Crystal Shores Condo complex, offering a community pool, elevator, covered reserved garage parking, & centrally located! Enjoy the 32' wide private & covered oceanfront decking, with composite deck furniture, then literally walk 15' from your private deck steps directly to the steps to the beach.... and back and forth all day. Inside, you will find an opulent 1,973 sf design, offering a bright and open great room, featuring 9' ceilings, wood burning fireplace with custom mantle, and great ocean views through the 20 linear feet of 8' high oceanfront impact sliders and windows! Ocean views from the connected dining & kitchen areas as well, and from the large main primary bedroom, also with 8' high oceanfront impact slider and glass, and walk-in closet. 2 comfortable sized bedrooms, foyer, dedicated interior laundry room, and lots of storage round out this floor. Very comfortable and stylish floorplan, diagram in photos. This 2021 remodeled home features all new flooring, granite counter tops, modern wood kitchen cabinets, stainless steel appliances 2021, furnishings, décor, modern bath vanities 2021, high quality window treatments 2021, 2021 bedroom windows, 2015 oceanfront glass and sliders, 2021 HVAC system & water heater, 2022 washer and dryer, among many other upgrades, all to the benefit of the new owners. This stylish home offers high quality and attractive furnishings, décor, artwork, and window treatments, including floor to ceiling drapes along the oceanfront, blackout drapes in bedroom, 4 mounted TV's, fully stocked kitchen with stone topped island and 4 top bar with stools, together with modern appliances and mechanicals, high end deck furniture front and rear, this home is ready for immediate enjoyment. This property is offered furnished, with some exclusions of primarily living room furniture, exclusions list provided. #103 is located in the middle of the first level, and the direct beach access cannot be overstated, will be appreciated daily, an easy skip to the beach and community grilling area, and to the garage and car with just one flight of stairs. This is a rare opportunity within the exclusive and closely held Crystal Shores community, with just 15 homeowners, many long term and 2nd home owners, offering a sturdy concrete structure, parking garage with reserved space, large garage area owners storage room, elevator, community pool, dune top community decking, all centrally located. Take advantage of this unique opportunity and enjoy for personal use, and/or personal use along lucrative annual vacation rental income. This is a very popular vacation rental, excellent guest feedback, generating $70,000 advertised income in 2023 with owners personal use, in just 13 rental weeks! $89,770 projected rental owner income for 2024 with full availability (rental reports and projections available). Well established and well run community. Schedule your virtual or in person showing today. The owners have very much enjoyed this home, but are prepared to pass along to a new family to do the same. Additional photos, cut and paste: https://www.mylisting.cloud/sites/drkabrl/unbranded#&gid=1&pid=1

Directions

Central KDH, Just South of First Street, Across from Goombay's Restaurant

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 1601 N Virginia Dare Trail in Kill Devil Hills is provided courtesy of Outer Banks Realty Group . 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 1601 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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