NOT LISTED FOR SALE

1106 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $1,853,000 - $2,176,000

6 Beds
9 Baths
4,336 Sq Ft
$460/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $1,138,000 $262 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $11,829/month

71 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • In Ground Pool
  • First Flight Middle School Rated A-
  • Home Theater
  • Second Refrigerator

About This Home

As of August 2019

This is your chance to own the perfect luxury, semi-oceanfront home, steps away from the desirable Ashville Dr. beach access with ocean views from the front of the home and views of the Wright Brothers Memorial from the rear of the home. This plan features 4 levels of luxury living, large covered area for parking, and extensive outdoor recreation space. The ground level foyer offers an elevator and wet bar overlooking the in-ground private pool and outdoor lounge area. The second floor features four (4) Master Suites, a large den, sitting area and two (2) covered porches to take in the beautiful views. The third level offers a gourmet kitchen, over-sized wet bar, open dining room, spacious ocean room with fireplace and access to (2) lounging decks at the front and rear of the home. Two (2) additional Master Suites round out this floor, along with a powder room. The fourth level is the entertainment hub of the home complete with sitting area, wet bar, media room, rec room and separate arcade area. Luxury finishes are abundant throughout and include Coretech LVT flooring in the main living areas and bedrooms, tile in all baths, semi custom tile showers and tub/shower surrounds, a mixture of granite and quartz solid surface counters in the kitchen, baths and wet bar areas. This home is impeccably designed and sold fully furnished and rental ready. See associated docs for rental income projection, year to date rental income and floor plans. Home will be completed soon, first rental is July 15, 2019.

Last Agent to Sell the Property

Sumit Gupta

VR Real Estate Advisors, LLC License #212627 Listed on: 05/09/2019

Co-Listed By

Tammy Aycock

SAGA Realty and Construction License #174696

Last Buyer's Agent

* *None

**None License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,141

Year Built

  • Built in 2019

Lot Details

  • 7,500 Sq Ft Lot
  • Ocean Front
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System

Home Design

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

Interior Spaces

  • 4,336 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Home Theater
  • Loft
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private Sewer

Community Details

  • Built by SAGA Construction
  • Kitty Hawk Shrs Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,141

Year Built

Built in 2019

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Hot Tub, Landscaped, Lawn Sprinklers, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Kitty Hawk Shores
  • Headline: Amazing New Construction
  • Heated Sq Ft: 4336
  • L V T Date: 05/09/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0493
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18181
  • 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 w/Ice Maker, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 6
  • Bedroom 1: 12x14, On Level: 2
  • Bedroom 2: 12x18, On Level: 2
  • Bedroom 3: 12x12, On Level: 2
  • Bedroom 4: 12x12, On Level: 2
  • Bedroom 5: 12x14, On Level: 3
  • Bedroom 6: 12x16, On Level: 3
  • Bedroom 8: Media Area, On Level: 4
  • Kitchen: 16x18, On Level: 3
  • Countertops: Solid Surface
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Dining Room: 12x18, On Level: 3
  • Game Room: 18x16, On Level: 4
  • Living Room: 14x18, On Level: 3
  • Optional Room 2: Grd Fl Bar, On Level: 1
  • Optional Room 3: 4th Fl Bar, On Level: 4
  • Optional Rooms: Foyer, Game Room, Loft, Media Room
  • Partial Bathrooms: 2
  • Optional Room 1: Sitting, On Level: 2

Exterior Features

  • Homebuilder: SAGA Construction
  • Construction: Frame, Wood
  • Covered Deck Size: 662
  • Exterior: Lap Siding, Composite Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • Sun Deck Size: 128
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Level
  • Lot Faces: E
  • Lot Number: Lot 4
  • Estimated Lot Size: 0.17
  • Deed Book: 2156

Rental Info

  • Est Annual Rental Income: 158196
  • Estimated Rental Performance: 0.139
  • Lease Terms: Weekly
  • Rental Cottage Name: Sea Esta
  • Rental Cottage Number: K7102
  • Rental Phone Number: 866.316.1843
  • Rental Turnover Day: Flex
  • Rental Contact Email: emily.johnson@keesvacations.com
  • Rental Contact Name: Kees Vacations Outer Banks
  • Rental Contact Phone: 866.316.1843

Building Info

  • Year Built: 2019

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2018
  • Taxes: 2141

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Aug 13, 2019
Sold by
1110 Nvdt Llc
Bought by
Karki Raju
Seller's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
Buyer's Agent
* *None
**None
List Price
$1,195,000
Sold Price
$1,138,000
Premium/Discount to List
-$57,000
-4.77%
Current Estimated Value
$1,995,548

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$857,548
Avg. Annual Appreciation
10.80%
Original Mortgage
$853,500
Outstanding Balance
$756,988
Interest Rate
3.8%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,316,553
Source: Public Records

Range of Values:

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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
Karki Raju $1,138,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karki Raju $853,500
Previous Owner 1110 Nvdt Llc $829,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2019 08/15/19 Sold $1,138,000 -9.9% $262 / Sq Ft
07/19/2019 07/19/19 Pending -- -- --
07/09/2019 07/09/19 Price Changed $1,263,000 +5.7% $291 / Sq Ft
05/09/2019 05/09/19 For Sale $1,195,000 +397.9% $276 / Sq Ft
03/15/2017 03/15/17 Sold $240,000 -19.7% --
07/21/2016 07/21/16 Pending -- -- --
09/03/2015 09/03/15 For Sale $299,000 -- --
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 $8,555 $1,094,700 $240,000 $854,700
2023 $8,529 $1,128,888 $240,000 $888,888
2022 $8,134 $1,128,888 $240,000 $888,888
2021 $8,158 $1,128,888 $240,000 $888,888
2020 $2,189 $1,128,888 $240,000 $888,888
2019 $2,189 $251,600 $251,600 $0
2018 $2,141 $251,600 $251,600 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sumit Gupta

    Seller's Agent in 2019

    Sumit Gupta

    VR Real Estate Advisors, LLC

    18 Total Sales

    Sumit Gupta
    Section Image
  • Tammy Aycock

    Seller Co-Listing Agent in 2019

    Tammy Aycock

    SAGA Realty and Construction

    (252) 207-6452

    117 Total Sales

    Tammy Aycock
    Section Image

  • *

    Buyer's Agent in 2019

    * *None

    **None

  • C

    Seller's Agent in 2017

    Charles Crawley

    Beach Realty & Construction

    (252) 475-4181

    3 Total Sales

    Charles Crawley
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105109

Outer Banks Association of REALTORS®

APN: 003716001

North Carolina Dare County Kill Devil Hills 27948

1106 N Virginia Dare Trail, Kill Devil Hills, NC

This home is located at 1106 N Virginia Dare Trail, Kill Devil Hills, NC 27948 since 09 May 2019 and is currently estimated at $1,995,548, approximately $460 per square foot. This property was built in 2019. 1106 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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