$760,000
SOLD MAR 21, 2014

3518 Virginia Dare Trail N Kitty Hawk, NC 27949

6 Beds
5.5 Baths
3,088 Sq Ft
0.25 Acres

Recently Sold

$246 Per Sq Ft

13% Below List Price

393 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Wood Flooring
  • Kitty Hawk Elementary School Rated 9+
  • In Ground Pool
  • Furnished

About This Home

As of December 2020

INCLUDES OCEANFRONT LOT w/GREAT DUNE! RENTAL POTENTIAL $86,125!! LOCATION, LOCATION, LOCATION!! INCREDIBLE OPPORTUNITY TO OWN A SEMI-OCEANFRONT COMBINED WITH AN OCEANFRONT LOT RIGHT ACROSS THE STREET! Unobstructed sweeping views of the Atlantic ocean!! Imagine having all of the benefits of owning oceanfront property without having all of the risk! Experience stunning ocean views from this luxurious 6 bedroom, 5 and half bath, w/ 4 masters, game room, reverse floor plan home. Features include, stone fireplace, hardwood floors, hand painted murals, juniper walls in the game room, ceramic tile flooring in kitchen and all baths. Super convenient Stair tamer cargo lift!! Huge patio area around outdoor pool and hot tub for entertaining! Double car garage!! *HUGE lot with numerous for additional outside enjoyment- volley ball, tiki bar are a few examples. Automatic storm shutters on sliders and DR windows, regular accordian storm shutters on two ground level doors and front door. This home has all the bells and whistles for an investors dream!! Owner's only rent from Memorial to Labor Day. RENTAL PROJECTION OF $86,125 IN ASSOCIATED DOC. WITH NO OWNER BLOCKS! This is a must see!

Last Agent to Sell the Property

Carol Perry

Sun Realty - KDH License #204144 Listed on: 01/07/2013

Last Buyer's Agent

Madonna VanCuren

Coldwell Banker Seaside Realty - KDH License #136061

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,781

Year Built

  • Built in 2003

Lot Details

  • Lot Dimensions are 80x125x80x125
  • Beach Front
  • Level Lot

Home Design

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

Interior Spaces

  • 3,088 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Workshop
  • Ocean Views

Kitchen

  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Tuck Under Parking

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • Kitty Dunes So. Subdivision

Listing and Financial Details

  • Tax Lot 6&6A

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,781

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: East on Tateway, south on Rt. 12, MP 5 on Beach Road.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Patio
  • Subdivision Name: Kitty Dunes South
  • Headline: Rental Projection $86,125!
  • Heated Sq Ft: 3088
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 315
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0388
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Gas Fireplace, Ensuite, Walk in Closet
  • Optional Rooms: Foyer, Game Room, Workshop
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: In Ground
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 80
  • View: Ocean

Garage/Parking

  • Garage: 3 + Car, Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 3503

Lot Info

  • Lot Description: Beach Frontage, Level
  • Lot Faces: E
  • Lot Size: 80x125x80x125
  • Lot Number: Lot 6&6A
  • Deed Book: 1654

Rental Info

  • Est Annual Rental Income: 86125
  • Estimated Rental Performance: 0.1133
  • Flood Expenses: 402
  • Lease Terms: Weekly
  • Other Expenses: 282300
  • Poolspa Expense: 2085
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Morning Glory
  • Rental Cottage Number: 671
  • Rental Phone Number: 261-3934
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 1781
  • Annual Electric: 2686
  • Annual Water Expense: 619

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2013
  • Taxes: 4781.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Dec 7, 2020
Sold by
Richards Gary L and Richards Amy M
Bought by
Odell Richard Ryan and Odell Dona Withrow
Seller's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Martha Ann Hathcock
SAGA Realty and Construction
List Price
$999,900
Sold Price
$945,000
Premium/Discount to List
-$54,900
-5.49%
Current Estimated Value
$1,603,978

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,978
Avg. Annual Appreciation
11.63%
Original Mortgage
$756,000
Outstanding Balance
$674,266
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$929,712

Purchase Details

Listed on
Jan 7, 2013
Closed on
Mar 20, 2014
Sold by
Williams Stephen Douglas and Williams Gwen Needham
Bought by
Richards Gary L and Richards Amy M
Seller's Agent
Carol Perry
Sun Realty - KDH
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$875,000
Sold Price
$760,000
Premium/Discount to List
-$115,000
-13.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$608,000
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2005
Sold by
Wolfe Ventures Llc
Bought by
Williams Atephen Douglas and Williwms Gwen Needham

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2005
Sold by
Wolfe Hamtopn Ross and Wolfe Vivian Hawkins
Bought by
Wolfe Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.66%
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 $945,000 None Available
Warranty Deed $1,890 None Listed On Document
Deed $760,000 None Available
Warranty Deed $1,195,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $756,000 New Conventional
Closed $756,000 New Conventional
Previous Owner $608,000 New Conventional
Previous Owner $330,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2020 12/07/20 Sold $945,000 -5.5% $306 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
07/31/2020 07/31/20 For Sale $999,900 +31.6% $324 / Sq Ft
03/21/2014 03/21/14 Sold $760,000 -13.1% $246 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
01/07/2013 01/07/13 For Sale $875,000 -- $283 / 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 $7,238 $883,600 $416,200 $467,400
2023 $7,223 $902,296 $416,200 $486,096
2022 $7,216 $901,464 $416,200 $485,264
2021 $7,216 $901,464 $416,200 $485,264
2020 $7,216 $901,464 $416,200 $485,264
2019 $6,091 $637,200 $282,300 $354,900
2018 $6,091 $637,200 $282,300 $354,900
2017 $6,091 $637,200 $282,300 $354,900
2016 $5,829 $637,200 $282,300 $354,900
2014 $4,912 $637,200 $282,300 $354,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77358

Outer Banks Association of REALTORS®

APN: 018433000