NOT LISTED FOR SALE

1015 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $2,203,000 - $2,481,000

8 Beds
5.5 Baths
4,761 Sq Ft
$499/Sq Ft Est. Value

Last Sold March 29, 2022

Last sale price $2,025,000 $425 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $13,444/month

66 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • 0.53 Acre Lot
  • First Flight Middle School Rated A-
  • In Ground Pool
  • Second Refrigerator

About This Home

As of March 2022

Put this OCEANFRONT, Vacation Rental 8 Bedroom home across from Wright Memorial Museum ON YOUR RADAR. This home is located on a deep road to ocean lot providing fantastic ocean views as well as seated perfectly to spectate amazing sunsets! Reverse floor plan presents panoramic views of pristine beach and Atlantic Ocean. Top floor features large Master suite boasting double sided gas fireplace to en suite bath with jetted tub, tile shower, and double vanities. Large Kitchen is fully equipped, adorned with granite countertops, tile flooring, walled cabinets for plenty of storage. Two dining areas, breakfast nook, and living room with cathedral ceiling, gas fireplace, and LTV flooring face the oceanfront providing unobstructed ocean views. Take in the salty breezes and sunshine from the top sun deck overlooking the private pool or use direct access to the shoreline. Enter mid-level to 5 bedrooms with carpet flooring, three baths and deck access, 2 of which are ocean facing Master bedrooms with private bathrooms. Wake up to sunrise over the ocean. Lower level has recreational areas with a large game room with LTV flooring, give your best shot at billiards, ping pong, spectator seating in the theatre room, large wet bar with granite countertops and ample cabinet storage, second refrigerator and icemaker offers slider access to oceanfront large private, heated pool, hot tub, outdoor shower, basketball hoop. Also on this level are two bedrooms equipped with two Bunk beds each, a full bath and a laundry area. 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. Don’t let this Oceanfront gem get away!

Last Agent to Sell the Property

Michael Davenport

Sun Realty - KDH License #82882 Listed on: 11/19/2021

Last Buyer's Agent

Jessica Evans

License #314622

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,655

Year Built

  • Built in 1994

Lot Details

  • 0.53 Acre Lot
  • Beach Front
  • Level Lot

Home Design

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

Interior Spaces

  • 4,761 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
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 4 / 11

Community Details

Overview

  • Kitty Hawk Shrs Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,655

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, Jet Tub, Outside Shower, Sun Deck
  • Headline: Perfect OCEANFRONT Location!!
  • Heated Sq Ft: 4761
  • L V T Date: 11/19/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2020: 174424
  • Advertised Income 2021: 192609
  • Advertised Income 2022: 159600
  • Deed Book Pg Number: 25
  • 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, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

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

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 23000
  • Lot Description: Adj to Park Serv./Preserv, Beach Frontage, Level, Water Frontage
  • Lot Number: Lot 4
  • Estimated Lot Size: 0.53
  • Deed Book: 2149

Rental Info

  • Est Annual Rental Income: 192609
  • Estimated Rental Performance: 0.0951
  • Rental Co: Coastal Carolina Vacations
  • Rental Cottage Name: Sandbox I
  • Rental Cottage Number: KDH301
  • Rental Phone Number: 252-489-4700
  • Rental Turnover Day: Sunday
  • Rental Contact Email: ownerinfo@obxcarolina.com
  • Rental Contact Phone: 252-489-4700

Building Info

  • Year Built: 1994

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 9655.42

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 19, 2021
Closed on
Feb 25, 2022
Sold by
Kirby Brown Llc
Bought by
Patel Shilpeshkumar
Seller's Agent
Michael Davenport
Sun Realty - KDH
Buyer's Agent
Jessica Evans
List Price
$2,049,000
Sold Price
$2,025,000
Premium/Discount to List
-$24,000
-1.17%
Current Estimated Value
$2,374,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$349,230
Avg. Annual Appreciation
4.62%
Original Mortgage
$1,537,000
Outstanding Balance
$1,435,567
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$938,663

Purchase Details

Listed on
Jan 7, 2017
Closed on
Dec 25, 2016
Sold by
Bartlett Forrest L
Bought by
Kirby Brown Llc
Seller's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
Buyer's Agent
Michael Davenport
Sun Realty - KDH
List Price
$1,399,000
Sold Price
$1,287,500
Premium/Discount to List
-$111,500
-7.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.21%
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 Buyer Sale Price Title Company
Patel Shilpeshkumar $12,150,000 Casey & Robbins Pc
Kirby Brown Llc $1,287,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Shilpeshkumar $1,537,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2022 03/29/22 Sold $2,025,000 -1.2% $425 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
11/19/2021 11/19/21 For Sale $2,049,000 +59.1% $430 / Sq Ft
02/06/2017 02/06/17 Sold $1,287,500 -8.0% $270 / Sq Ft
01/14/2017 01/14/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $1,399,000 -- $294 / 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 $10,277 $1,340,100 $881,600 $458,500
2023 $10,263 $1,358,440 $881,600 $476,840
2022 $9,788 $1,358,440 $881,600 $476,840
2021 $9,788 $1,358,440 $881,600 $476,840
2020 $10,910 $1,514,232 $881,600 $632,632
2019 $10,754 $1,210,100 $690,600 $519,500
2018 $10,518 $1,210,100 $690,600 $519,500
2017 $10,518 $1,210,100 $690,600 $519,500
2016 $10,023 $1,210,100 $690,600 $519,500
2014 $9,653 $1,210,100 $690,600 $519,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116867

Outer Banks Association of REALTORS®

APN: 003706001