$1,925,000
SOLD DEC 15, 2021

1011 N Virginia Dare Trail Kill Devil Hills, NC 27948

8 Beds
5.5 Baths
4,641 Sq Ft
0.55 Acres

Recently Sold

$415 Per Sq Ft

0 Day on Market

Highlights

  • Beach Front
  • Ocean View
  • 0.55 Acre Lot
  • First Flight Middle School Rated A-
  • Outdoor Pool
  • Second Refrigerator

About This Home

As of May 2023

Oceanfront, Vacation Rental Home on a deep road to ocean lot with reverse floor plan presents panoramic views of pristine beach and Atlantic Ocean. Walk straight to the beach on the private walkway access from the pool area. Conveniently located in the hub of millionaire’s row, excellent opportunity for second home, rental investment, this beauty is located in front of the Wright Memorial Museum with direct views, close to restaurants, shops, activities offered in Kill Devil Hills.

Last Agent to Sell the Property

Michael Davenport

Sun Realty - KDH License #82882 Listed on: 11/02/2021

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's International Realty License #194377

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,442

Year Built

  • Built in 1994

Lot Details

  • 0.55 Acre Lot
  • Beach Front
  • Level Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 4,641 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Legal Lot and Block 2 / 11

Community Details

Overview

  • Kitty Hawk Shrs Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,442

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Outside Shower, Sun Deck
  • Subdivision Name: Kitty Hawk Shores Extension
  • Headline: GREAT LOCATION OCEANFRONT
  • Heated Sq Ft: 4641
  • L V T Date: 11/02/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2021: 189769
  • Deed Book Pg Number: 278
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 8
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 2 Car, Attached
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 6423

Lot Info

  • Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Level, Water Frontage
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.55
  • Deed Book: 1574

Rental Info

  • Est Annual Rental Income: 189769
  • Estimated Rental Performance: 0.0986
  • Flood Expenses: 858
  • Rental Co: Village Realty
  • Rental Cottage Name: Sandbox II
  • Rental Cottage Number: KD03
  • Rental Phone Number: 252.480.4731
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Estimated
  • Annual Electric: 6054

Building Info

  • Year Built: 1994

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 11442.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2023
Closed on
May 9, 2023
Sold by
Beveridge Karen and Beveridge Paul Alan
Bought by
Shi David
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Robert Ladd
Twiddy and Co. - Duck
List Price
$2,495,000
Sold Price
$2,400,000
Premium/Discount to List
-$95,000
-3.81%
Views
26
Current Estimated Value
$2,500,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,999
Avg. Annual Appreciation
1.73%
Original Mortgage
$1,920,000
Outstanding Balance
$1,865,928
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$635,071

Purchase Details

Listed on
Nov 2, 2021
Closed on
Dec 15, 2021
Sold by
Wrb Rentals Inc
Bought by
Beveridge Karen and Beveridge Paul Alan
Seller's Agent
Michael Davenport
Sun Realty - KDH
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$1,925,000
Sold Price
$1,925,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.19%
Original Mortgage
$1,186,000
Interest Rate
3.09%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $12,000,000 None Listed On Document
Warranty Deed $1,925,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,920,000 New Conventional
Previous Owner $1,186,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2023 05/08/23 Sold $2,400,000 -3.8% $517 / Sq Ft
03/25/2023 03/25/23 Pending -- -- --
03/17/2023 03/17/23 For Sale $2,495,000 +29.6% $538 / Sq Ft
12/15/2021 12/15/21 Sold $1,925,000 -3.3% $415 / Sq Ft
11/04/2021 11/04/21 Price Changed $1,990,000 +3.4% $429 / Sq Ft
11/02/2021 11/02/21 Pending -- -- --
11/02/2021 11/02/21 For Sale $1,925,000 -- $415 / 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 $12,158 $1,590,900 $1,131,000 $459,900
2023 $12,136 $1,606,384 $1,131,000 $475,384
2022 $11,574 $1,606,384 $1,131,000 $475,384
2021 $11,574 $1,606,384 $1,131,000 $475,384
2020 $11,574 $1,606,384 $1,131,000 $475,384
2019 $10,786 $1,214,500 $708,700 $505,800
2018 $10,549 $1,214,500 $708,700 $505,800
2017 $10,549 $1,214,500 $708,700 $505,800
2016 $10,053 $1,214,500 $708,700 $505,800
2014 $9,682 $1,214,500 $708,700 $505,800
Source: Public Records

Agents Affiliated with this Home

  • Brad Beacham

    Seller's Agent in 2023

    Brad Beacham

    Landmark Sotheby's International Realty

    (252) 202-6920

    40 in this area

    194 Total Sales

    Brad Beacham
    Section Image
  • Robert Ladd

    Buyer's Agent in 2023

    Robert Ladd

    Twiddy and Co. - Duck

    (252) 202-8311

    1 in this area

    51 Total Sales

    Robert Ladd
    Section Image
  • Michael Davenport

    Seller's Agent in 2021

    Michael Davenport

    Sun Realty - KDH

    (252) 202-6113

    25 in this area

    138 Total Sales

    Michael Davenport
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116679

Outer Banks Association of REALTORS®

APN: 003705001

North Carolina Dare County Kill Devil Hills 27948

1011 N Virginia Dare Trail, Kill Devil Hills, NC

This home is located at 1011 N Virginia Dare Trail, Kill Devil Hills, NC 27948 and is currently priced at $1,925,000, approximately $414 per square foot. This property was built in 1994. 1011 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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