NOT LISTED FOR SALE

5002 Virginia Dare Trail N Kitty Hawk, NC 27949

Kitty Hawk Beach Neighborhood

Estimated Value: $1,050,000 - $1,179,000

3 Beds
4 Baths
3,216 Sq Ft
$348/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $600,000 $187 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $6,760/month

70 Days on Market

Highlights

  • Ocean Front
  • Beach Access
  • Traditional Architecture
  • Kitty Hawk Elementary School Rated 9+
  • Spa
  • Wood Flooring

About This Home

As of February 2021

Walk in this house and you'll say "WOW" to the views galore from two levels. The main living area is welcoming and offers a lot of space for families to gather. Across the street is the convenient beach access. On the main floor you'll find two bedrooms, one is a master and there's a Den equipped with a sleeper sofa that offers additional sleeping options. Another full bath is located in the hallway. The true Master bedroom with an extended reading area is upstairs along with a seating area facing the fantastic ocean views. For most families, a game room is a must and this house does not disappoint. The first level is expansive and has a pool table, ping pong table and a sitting area with a large TV. There's even space for a duo-bunkbed. This property has ample decks, one on the east side to watch the sunrise and spend time in the hot tub and a larger deck on the west side to catch the beautiful sunsets. Come check out this bright and comfortable beach property located in popular Kitty Hawk!

Last Agent to Sell the Property

Shelley O'Grady

Joe Lamb, Realty License #290050 Listed on: 10/24/2020

Co-Listed By

Bobby Williams

Joe Lamb, Realty License #154104

Last Buyer's Agent

Randy Nance

Coastal Carolina Vacations License #207311

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,225

Year Built

  • Built in 1978

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Ocean Front
  • Level Lot

Home Design

  • Traditional Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,216 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Library
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Kitty Hawk Bch Subdivision

Listing and Financial Details

  • Legal Lot and Block 15 / 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,225

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Directions: About MP 2.1 on beach road
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: Kitty Hawk Beach Rev Sec A
  • Headline: 3 Bedrooms w/a Bonus Room!
  • Heated Sq Ft: 3216
  • L V T Date: 10/24/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Advertised Income 2020: 43642
  • Deed Book Pg Number: 0790
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10668
  • 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, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Ensuite
  • Optional Rooms: Game Room, Library/Study

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 344

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Size: 50 x 200
  • Lot Number: Lot 15
  • Estimated Lot Size: 0.23
  • Deed Book: 2017

Rental Info

  • Flood Expenses: 5455
  • Lease Terms: Weekly
  • Other Expenses: 320
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: So Low Flight
  • Rental Cottage Number: 077
  • Rental Phone Number: 252 261-4444
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 2248
  • Annual Electric: 2834
  • Annual Water Expense: 476
  • Rental Contact Email: dan@joelambjr.com
  • Rental Contact Name: Dan Hardy, President
  • Rental Contact Phone: 252 261-4444

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2020
  • Taxes: 5225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2020
Closed on
Feb 5, 2021
Sold by
Stanley W Bryant W and Stanley Judith T
Bought by
Cahoon Jesse B and Cahoon Teresa S
Seller's Agent
Shelley O'Grady
Joe Lamb, Realty
Buyer's Agent
Randy Nance
Coastal Carolina Vacations
List Price
$690,000
Sold Price
$600,000
Premium/Discount to List
-$90,000
-13.04%
Total Days on Market
70
Current Estimated Value
$1,119,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$519,547
Avg. Annual Appreciation
15.73%
Original Mortgage
$300,000
Outstanding Balance
$270,756
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$848,791

Purchase Details

Listed on
Jan 7, 2015
Closed on
Apr 30, 2015
Sold by
Killmon Mary Laurie and Killmon Laurie
Bought by
Bryant Stanley W and Bryant Judith
Seller's Agent
Dick Thompson
Default, Office
Buyer's Agent
Chris Toolan
Century 21 Nachman Realty
List Price
$469,000
Sold Price
$440,000
Premium/Discount to List
-$29,000
-6.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.46%
Original Mortgage
$320,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2005
Sold by
Lester Vicki M
Bought by
Lester Robert M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,600
Interest Rate
5.86%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Cahoon Jesse B $600,000 None Listed On Document
Cahoon Jesse B $600,000 None Available
Cahoon Jesse B $600,000 None Listed On Document
Bryant Stanley W -- Attorney
Lester Robert M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cahoon Jesse B $300,000
Open Cahoon Jesse B $300,060,100
Closed Cahoon Jesse B $300,060,100
Previous Owner Bryant Stanley W $320,000
Previous Owner Lester Robert M $322,000
Previous Owner Lester Ii Robert M $150,000
Previous Owner Lester Robert M $318,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $600,000 -5.5% $187 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
11/06/2020 11/06/20 Price Changed $635,000 -8.0% $197 / Sq Ft
10/24/2020 10/24/20 For Sale $690,000 +56.8% $215 / Sq Ft
04/30/2015 04/30/15 Sold $440,000 -6.2% $137 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
01/07/2015 01/07/15 For Sale $469,000 -- $146 / 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 $5,694 $693,900 $260,000 $433,900
2023 $2,779 $697,736 $260,000 $437,736
2022 $5,225 $652,704 $260,000 $392,704
2021 $5,225 $652,704 $260,000 $392,704
2020 $5,225 $652,704 $260,000 $392,704
2019 $4,122 $433,600 $241,500 $192,100
2018 $4,122 $433,600 $241,500 $192,100
2017 $4,122 $433,600 $241,500 $192,100
2016 $3,945 $433,600 $241,500 $192,100
2014 $3,324 $433,600 $241,500 $192,100
Source: Public Records

Agents Affiliated with this Home

  • Shelley O'Grady

    Seller's Agent in 2021

    Shelley O'Grady

    Joe Lamb, Realty

    (252) 722-2786

    5 in this area

    78 Total Sales

    Shelley O'Grady
    Section Image
  • Bobby Williams

    Seller Co-Listing Agent in 2021

    Bobby Williams

    Joe Lamb, Realty

    (252) 207-9075

    4 in this area

    67 Total Sales

    Bobby Williams
    Section Image
  • Randy Nance

    Buyer's Agent in 2021

    Randy Nance

    Coastal Carolina Vacations

    (252) 202-3374

    1 in this area

    55 Total Sales

    Randy Nance
    Section Image
  • Dick Thompson

    Seller's Agent in 2015

    Dick Thompson

    Default, Office

    Section Image
  • Chris Toolan

    Buyer's Agent in 2015

    Chris Toolan

    Century 21 Nachman Realty

    (252) 305-1267

    1 in this area

    34 Total Sales

    Chris Toolan
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111614

Outer Banks Association of REALTORS®

APN: 010695000

North Carolina Dare County Kitty Hawk 27948 Kitty Hawk Beach

5002 Virginia Dare Trail N, Kitty Hawk, NC

This home is located at 5002 Virginia Dare Trail N, Kitty Hawk, NC 27949 since 24 October 2020 and is currently estimated at $1,119,547, approximately $348 per square foot. This property was built in 1978. 5002 Virginia Dare Trail N is a home located in Dare County with nearby schools including Kitty Hawk 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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