NOT LISTED FOR SALE

1003 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $2,354,000 - $3,520,850

10 Beds
10.5 Baths
5,811 Sq Ft
$508/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $2,658,400 $457 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $17,863/month

88 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Cabana
  • First Flight Middle School Rated A-
  • Home Theater
  • Second Refrigerator

About This Home

As of January 2022

OVER $272,000 BOOKED FOR 2021 IN 31 WEEKS AND $279,380 PRE-BOOKED FOR 2022 IN JUST 28 WEEKS! THIS HOUSE WILL DO OVER $280K. Oceanfront estate with ten bedrooms and amenities galore. Over 5,800 square feet of heated living area. RECENT UPDATES INCLUDE: Three new HVAC units Installed inside and outside 2018. New Exterior paint 2019-2020. New Water Heaters 2020. New Kitchen Appliances 2019. Designed to impress, this grand home offers stylish furnishings and upgrades, an elevator, luxurious master suites with private baths and sensational entertainment options on each level. Centrally located in the town of Kill Devil Hills, guests have easy access to historic landmarks, national parks, family recreation and a multitude of dining and shopping opportunities. The ground floor features a well-equipped recreation room with regulation size pool table, foosball table, plush sofa seating, mounted flat screen and a bar with sink, microwave, full refrigerator, icemaker, dishwasher and bar seating. A private home theater with tiered seating, a projection screen and surround sound, creates an in-house cinematic experience. Soaring ceilings, class columns, shimmering ceramic tile and elegant furnishings greet you as you ascend to the top level. A grand king master suite completes the top floor and has a private balcony the best place to catch a sunset, sitting area, seasonal fireplace, flat screen TV, mini refrigerator and a Jacuzzi tub living space all of its own, with a waterfall, sculpted pool, hot tub and cabana bar with bathroom and rooftop sundeck. The volleyball area will keep the athletes entertained, while an exterior speaker system ensures that the music is always playing. Ample outdoor furniture allows for lounging under sunny coastal skies. Don't forget the boardwalk to you own private beach access!!!

Last Agent to Sell the Property

Barry Breit

Carolina Designs Realty License #187143 Listed on: 09/07/2021

Last Buyer's Agent

Kaleigh DiPietro

Twiddy and Co. - Duck License #311308

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,643

Year Built

  • Built in 2001

Lot Details

  • Beach Front

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 5,811 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Cabana
  • Outdoor Pool
  • Spa
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 2 / 10

Community Details

Overview

  • Kitty Hawk Shrs Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,643

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Elevator, Hot Tub, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck
  • Subdivision Name: Kitty Hawk Shores Revised
  • Headline: Oceanfront Estate w/ Income!
  • Heated Sq Ft: 5811
  • L V T Date: 09/07/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 210750
  • Advertised Income 2021: 272823
  • Advertised Income 2022: 279380
  • Deed Book Pg Number: 0165
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 10
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Slab
  • Full Bathrooms: 10
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Home Theater, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 2
  • Deed Book: 1822

Rental Info

  • Est Annual Rental Income: 279380
  • Estimated Rental Performance: 0.1051
  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Coastal Palace
  • Rental Cottage Number: 888
  • Rental Phone Number: 2522613934
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2021
  • Taxes: 15643.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2021
Closed on
Jan 13, 2022
Sold by
Osprey Management Group Llc
Bought by
Colletti James E and Colletti Michele L
Seller's Agent
Barry Breit
Carolina Designs Realty
Buyer's Agent
Kaleigh DiPietro
Twiddy and Co. - Duck
List Price
$2,750,000
Sold Price
$2,658,400
Premium/Discount to List
-$91,600
-3.33%
Total Days on Market
88
Current Estimated Value
$2,952,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,313
Avg. Annual Appreciation
3.16%
Original Mortgage
$1,765,000
Outstanding Balance
$1,643,572
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$1,309,141

Purchase Details

Closed on
Dec 28, 2009
Sold by
Rassoulpour Ali and Rassoulpour Nayereh
Bought by
Osprey Management Group Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Colletti James E $2,658,500 None Listed On Document
Osprey Management Group Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Colletti James E $315,000
Open Colletti James E $1,765,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/25/2022 01/25/22 Sold $2,658,400 -3.3% $457 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
11/11/2021 11/11/21 For Sale $2,750,000 0.0% $473 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
09/07/2021 09/07/21 For Sale $2,750,000 -- $473 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $16,403 $2,131,700 $1,145,500 $986,200
2023 $16,403 $2,171,148 $1,145,500 $1,025,648
2022 $15,643 $2,171,148 $1,145,500 $1,025,648
2021 $15,643 $2,171,148 $1,145,500 $1,025,648
2020 $15,643 $2,171,148 $1,145,500 $1,025,648
2019 $16,345 $1,823,400 $717,800 $1,105,600
2018 $16,033 $1,823,400 $717,800 $1,105,600
2017 $16,033 $1,823,400 $717,800 $1,105,600
2016 $15,277 $1,828,400 $717,800 $1,110,600
2014 $14,755 $1,828,400 $717,800 $1,110,600
Source: Public Records

Agents Affiliated with this Home

  • Barry Breit

    Seller's Agent in 2022

    Barry Breit

    Carolina Designs Realty

    (252) 202-1043

    32 Total Sales

    Barry Breit
    Section Image

  • K

    Buyer's Agent in 2022

    Kaleigh DiPietro

    Twiddy and Co. - Duck

    (222) 222-2222

    39 Total Sales

    Kaleigh DiPietro
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116023

Outer Banks Association of REALTORS®

APN: 003703001

North Carolina Dare County Kill Devil Hills 27948

1003 N Virginia Dare Trail, Kill Devil Hills, NC

This home is located at 1003 N Virginia Dare Trail, Kill Devil Hills, NC 27948 since 07 September 2021 and is currently estimated at $2,952,713, approximately $508 per square foot. This property was built in 2001. 1003 N Virginia Dare Trail is a home located in Dare County with nearby schools including Nags Head Elementary School, First Flight Middle School, and First Flight High School.

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