NOT LISTED FOR SALE

4018 N Virginia Dare Trail Kitty Hawk, NC 27949

Estimated Value: $902,698 - $1,089,000

4 Beds
3 Baths
1,824 Sq Ft
$544/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $650,000 $356 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,633/month

142 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Coastal Architecture
  • Kitty Hawk Elementary School Rated 9+
  • Spa
  • Cathedral Ceiling

About This Home

As of July 2020

Unobstructed Ocean Views! Meticulously maintained! Beach access is just 30 FEET away! Projected to generate $58,500 in gross rental income! Abundance of parking for friends and family to visit for a great beach day! Nothing will EVER be built to block your views. Rare opportunity to own a piece of Kitty Hawk history: the historic 'Laundry Mat'! This semi-oceanfront home should be considered oceanfront because of its views, but we are labeling it as semi-oceanfront since it has the protection of a mature dune and Hwy 12. Designed with a reverse floor plan and showcases two master bedrooms so more than one family can enjoy. Each of the 4 bedrooms are spacious, outfitted with coastal decor, and have custom drapes. There is an extended height garage door (perfect for larger 4x4 vehicles), a hot tub, a second floor laundry space, and 4 separate decks. On the base floor is a patio and outdoor shower. Conveniently located at mile post 3.8, Hurricane Moe's, Black Pelican, John's Drive In, and almost half a dozen other restaurants are less than a mile away! You have to see it for yourself!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 01/21/2020

Landmark Sotheby's International Realty

Co-Listed By

Cameron Griggs

Coldwell Banker Seaside Realty KH License #294636

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 01/21/2020

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,863

Year Built

  • Built in 2004

Lot Details

  • 7,500 Sq Ft Lot
  • Beach Front

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 1,824 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Pool

  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot 42

Community Details

Overview

  • Kitty Hawk Bch Terr Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,863

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Common Laundry Area, Covered Decks, Garage Door Opener, Hot Tub, Jet Tub, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Headline: Rental Machine/ Ocean Views
  • Heated Sq Ft: 1824
  • L V T Date: 01/21/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Advertised Income 2020: 45775
  • Deed Book Pg Number: 0448
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection
  • Optional Rooms: Utility Room

Exterior Features

  • Construction: Frame, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached, Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1352

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 42
  • Estimated Lot Size: 0.17
  • Deed Book: 1777

Rental Info

  • Flood Expenses: 524
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: Laundry Mat
  • Annual Cable TV Expense: 1464
  • Annual Electric: 1808
  • Annual Water Expense: 363

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2019
  • Taxes: 3862.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Jul 21, 2020
Sold by
Gentry Fred W and Sager Jennifer L
Bought by
Pyle Christopher K and Pyle Donna R
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$689,000
Sold Price
$650,000
Premium/Discount to List
-$39,000
-5.66%
Current Estimated Value
$991,675

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$341,675
Avg. Annual Appreciation
8.48%
Original Mortgage
$510,400
Outstanding Balance
$454,602
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$537,073

Purchase Details

Closed on
Aug 29, 2008
Sold by
Gentry Fred W
Bought by
Gentry Fred W
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
Pyle Christopher K $650,000 None Available
Gentry Fred W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pyle Christopher K $510,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $650,000 -5.7% $356 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $689,000 -- $378 / 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 $4,500 $548,700 $243,800 $304,900
2023 $4,490 $560,896 $243,800 $317,096
2022 $4,490 $560,896 $243,800 $317,096
2021 $4,500 $560,896 $243,800 $317,096
2020 $3,888 $485,704 $243,800 $241,904
2019 $3,854 $405,500 $226,400 $179,100
2018 $3,863 $405,500 $226,400 $179,100
2017 $3,854 $405,500 $226,400 $179,100
2016 $3,689 $405,500 $226,400 $179,100
2014 $3,108 $405,500 $226,400 $179,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107965

Outer Banks Association of REALTORS®

APN: 017848001