NOT LISTED FOR SALE

1111 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $3,463,000 - $4,969,000

5 Beds
6.5 Baths
3,799 Sq Ft
$1,112/Sq Ft Est. Value

Last Sold April 08, 2015

Last sale price $1,015,000 $267 Per Sq Ft

Est. 316% increase in value since last sale

Current estimated payment $24,612/month

51 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Traditional Architecture
  • First Flight Middle School Rated A-
  • Second Refrigerator
  • Main Floor Bedroom

About This Home

As of April 2015

Back in the day this stretch of beach was known as the Gold Coast and prized for its depth of land and lush vegetation. It remains one of the most desirable locations on the Outer Banks today. This singular cottage combines the rustic appeal of a traditional beach house while an additional wing provides more master suites and additional living/gathering space. Delightful screened porch is large enough to accommodate the entire group for meals al fresco! Massive finished space at ground level features pool table, ping pong table, kitchenette and bar. Enjoy the rental income now while you design your DREAM HOME AT THE BEACH! Sturdy boardwalks lead to the dune top deck providing a great vantage point. Follow the sandy path to the steps leading to the oceanfront with life guard during summer months. Sweet dreams are made of this!

Last Agent to Sell the Property

Jackie Ricks-Sample

Sun Realty - KDH License #47692 Listed on: 07/08/2014

Co-Listed By

Jackie O'Hara

Sun Realty - KDH License #153332

Last Buyer's Agent

Sumit Gupta

VR Real Estate Advisors, LLC License #212627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,856

Year Built

  • Built in 1956

Lot Details

  • Beach Front
  • 75 Feet of Waterfront

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 3,799 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Second Refrigerator
  • Dishwasher

Flooring

  • Laminate
  • Concrete
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Parking Lot

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot Pt 5 & 6

Community Details

Overview

  • Kitty Hawk Shrs Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,856

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Directions: ~MP 8 on the oceanfront
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Outside Lighting, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: VE
  • Headline: Price slashed $200,000!
  • Heated Sq Ft: 3799
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 456
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 2
  • Bedroom 5: 2
  • Bedroom 6: On Level: 2
  • Kitchen: On Level: 1
  • Floor Coverings: Concrete, Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Wood Fireplace
  • Dining Room: On Level: 1
  • Family Room: On Level: Ground
  • Game Room: Expansive, On Level: Ground
  • Living Room: On Level: 1
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Wood
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: Large
  • Street Frontage: 75
  • View: Ocean
  • Water Frontage: 75

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Parking Lot, Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: 75 x MHW
  • Lot Number: Lot Pt 5 & 6
  • Deed Book: 1814

Rental Info

  • Est Annual Rental Income: 44470
  • Estimated Rental Performance: 0.0438
  • Lease Terms: Weekly
  • Rental Co: Carolina Shores
  • Rental Cottage Name: Mihalap
  • Rental Cottage Number: KH1111
  • Rental Phone Number: 715-1901
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1956

Tax Info

  • Year: 2013
  • Taxes: 6856.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 20, 2017
Sold by
Swarup Jitendra and Swarup Aruna
Bought by
Lambodera Holdings Llc
Current Estimated Value
$4,222,896

Purchase Details

Listed on
Jul 8, 2014
Closed on
Apr 3, 2015
Sold by
Mihalap Hope C
Bought by
Lambodera Holdings Llc
Seller's Agent
Jackie Ricks-Sample
Sun Realty - KDH
Buyer's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
List Price
$1,200,000
Sold Price
$1,015,000
Premium/Discount to List
-$185,000
-15.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.56%

Purchase Details

Closed on
Sep 1, 2009
Sold by
Mihalap Hope Christopoulos
Bought by
Mihalap Hope C and The Hope C Mihalap Revocable Living Trus
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
Lambodera Holdings Llc -- None Available
Lambodera Holdings Llc -- Attorney
Mihalap Hope C -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2015 04/08/15 Sold $1,015,000 -15.4% $267 / Sq Ft
08/28/2014 08/28/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $1,200,000 -- $316 / 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 $26,678 $3,437,300 $1,305,000 $2,132,300
2023 $26,613 $3,522,592 $1,305,000 $2,217,592
2022 $25,380 $3,522,592 $1,305,000 $2,217,592
2021 $25,380 $3,522,592 $1,305,000 $2,217,592
2020 $25,380 $3,522,592 $1,305,000 $2,217,592
2019 $25,270 $2,804,100 $795,100 $2,009,000
2018 $24,800 $2,804,100 $795,100 $2,009,000
2017 $24,715 $2,804,100 $795,100 $2,009,000
2016 $21,741 $2,591,300 $795,100 $1,796,200
2014 $7,176 $913,100 $795,100 $118,000
Source: Public Records

Agents Affiliated with this Home

  • Jackie Ricks-Sample

    Seller's Agent in 2015

    Jackie Ricks-Sample

    Sun Realty - KDH

    (252) 202-8011

    21 in this area

    71 Total Sales

    Jackie Ricks-Sample
    Section Image

  • J

    Seller Co-Listing Agent in 2015

    Jackie O'Hara

    Sun Realty - KDH

    (252) 619-8111

    16 in this area

    52 Total Sales

    Jackie O'Hara
    Section Image
  • Sumit Gupta

    Buyer's Agent in 2015

    Sumit Gupta

    VR Real Estate Advisors, LLC

    (252) 207-8997

    4 in this area

    13 Total Sales

    Sumit Gupta
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84447

Outer Banks Association of REALTORS®

APN: 003711000

North Carolina Dare County Kill Devil Hills 27948

1111 N Virginia Dare Trail, Kill Devil Hills, NC

This home is located at 1111 N Virginia Dare Trail, Kill Devil Hills, NC 27948 since 08 July 2014 and is currently estimated at $4,222,896, approximately $1,111 per square foot. This property was built in 1956. 1111 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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