NOT LISTED FOR SALE

1109 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $4,172,067 - $4,630,000

14 Beds
16 Baths
9,237 Sq Ft
$482/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $2,560,000 $277 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $25,245/month

94 Days on Market

Highlights

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

About This Home

As of July 2020

Enjoy this vibrant 14 bedroom seaside retreat with your family and friends! This home has achieved over $338,000 in rental income. Stunning décor and generous rooms allow enough room for your guests to enjoy each other and their privacy as well. The sensational pool area features a 14 x 30 heated pool, wet deck and kiddy pool, which are supplemented with a full service bar and cabana with electronics, ocean view hot tub, and an extensive poolside sundeck. Timeless amenities inside the home in addition to the 14 bedrooms are 2 reading rooms, a quiet den, a full theater room, a large recreation room with foosball and a pool table. This home was built with care and attention to detail. The spaces are generous and small details set this home apart from others in its class. The showers are oversized, hardwood floors are featured in many bedrooms, the kitchen is stocked with posh appliances, and the landscaped yard features mini-golf and abundant parking.

Last Agent to Sell the Property

Gray Berryman

Carolina Designs Realty License #214315 Listed on: 03/19/2020

Last Buyer's Agent

Whitney Hawkins

Brindley Beach Vacations & Sal License #187617

Brindley Beach Vacations & Sal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,002

Year Built

  • Built in 2007

Lot Details

  • Beach Front
  • 50 Feet of Waterfront
  • Landscaped
  • Property is zoned OIR

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 9,237 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 14 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5A / 12A

Community Details

Overview

  • Built by Christi Construction
  • Kitty Hawk Shrs Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,002

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Landscaped, Dry Entry
  • Subdivision Name: K630 Kitty Hawk Shores Revised
  • Headline: Safe Dune, Great Income!
  • Heated Sq Ft: 9237
  • L V T Date: 03/19/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: OIR
  • Advertised Income 2020: 338020
  • Deed Book Pg Number: 0195
  • 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: Disposal, Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 14
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 14
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ice Maker Connection
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Christi Construction
  • Construction: Frame
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Custom, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean
  • Water Frontage: 50

Garage/Parking

  • Parking: Paved

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 5A
  • Deed Book: 1733

Rental Info

  • Est Annual Rental Income: 338020
  • Estimated Rental Performance: 0.132
  • Lease Terms: Weekly
  • Rental Co: Carolina Designs
  • Rental Cottage Name: The Kingfisher
  • Rental Cottage Number: 668
  • Rental Phone Number: 252 261 3934
  • Rental Turnover Day: Saturday
  • Rental Contact Email: elaine.breiholz@carolinadesigns.com
  • Rental Contact Name: Elaine Breiholz
  • Rental Contact Phone: 252 261 3934

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2019
  • Taxes: 19001.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Jul 21, 2020
Sold by
6 5 Defense Llc
Bought by
Reynolds Daniel Joseph
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Whitney Hawkins
Brindley Beach Vacations & Sal
List Price
$2,795,000
Sold Price
$2,560,000
Premium/Discount to List
-$235,000
-8.41%
Current Estimated Value
$4,456,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,896,022
Avg. Annual Appreciation
11.32%
Original Mortgage
$1,920,000
Outstanding Balance
$1,705,688
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$2,750,334

Purchase Details

Closed on
Jun 12, 2007
Sold by
Mihalap Hope C
Bought by
Defense Llc and Eure Family Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,100,000
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
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
Reynolds Daniel Joseph $2,560,000 None Available
Defense Llc $1,000,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reynolds Daniel Joseph $1,920,000
Previous Owner Defense Llc $2,100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $2,560,000 -8.4% $277 / Sq Ft
06/21/2020 06/21/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $2,795,000 -- $303 / 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 $19,439 $2,517,000 $1,116,500 $1,400,500
2023 $19,439 $2,573,020 $1,116,500 $1,456,520
2022 $18,539 $2,573,020 $1,116,500 $1,456,520
2021 $18,394 $2,552,948 $1,116,500 $1,436,448
2020 $20,435 $2,836,244 $1,116,500 $1,719,744
2019 $19,002 $2,113,400 $699,700 $1,413,700
2018 $0 $2,113,400 $699,700 $1,413,700
2017 $18,645 $2,113,400 $699,700 $1,413,700
2016 $17,711 $2,113,400 $699,700 $1,413,700
2014 $17,056 $2,113,400 $699,700 $1,413,700
Source: Public Records

Agents Affiliated with this Home

  • Gray Berryman

    Seller's Agent in 2020

    Gray Berryman

    Carolina Designs Realty

    (252) 573-9503

    13 in this area

    194 Total Sales

    Gray Berryman
    Section Image
  • Whitney Hawkins

    Buyer's Agent in 2020

    Whitney Hawkins

    Brindley Beach Vacations & Sal

    (252) 202-4949

    10 in this area

    65 Total Sales

    Whitney Hawkins
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108821

Outer Banks Association of REALTORS®

APN: 003710000

North Carolina Dare County Kill Devil Hills 27948

1109 N Virginia Dare Trail, Kill Devil Hills, NC

This home is located at 1109 N Virginia Dare Trail, Kill Devil Hills, NC 27948 since 19 March 2020 and is currently estimated at $4,456,022, approximately $482 per square foot. This property was built in 2007. 1109 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.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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