NOT LISTED FOR SALE

501 S Virginia Dare Trail Kill Devil Hills, NC 27948

8 Beds
3 Baths
2,385 Sq Ft
0.96 Acres

Last Sold August 06, 2021

Last sale price $1,270,000 $532 Per Sq Ft

446 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Tile Flooring
  • First Flight Middle School Rated A-
  • Coastal Architecture
  • Central Heating and Cooling System

About This Home

As of August 2021

Rare opportunity to own a piece of the Outer Banks history. According to the sellers, the front cottage named the "Ruth Cottage" was the boat house for the Lifesaving Station that used to be located in Kill Devil Hills. a few properties to the south. When the station was decommissioned in 1933, the cottage was moved 100 yards north to where it sits now. On the day the Wright Brothers attempted their first flight, the Surfmen from the Coast Guard Station helped the Wright's move their flying machine to the top of Kill Devil Hill. It is safe to assume that the Wright Brothers have been inside of this cottage. The back cottage closest to the ocean was located from the Naval Shipyard in Norfolk and was used to house families on the base during WWII that were building ships during the war. In 1950, the current sellers family bought the property and it has been in the family ever since and they would love to see it preserved for generations to come. If you are interested in utilizing this large prime oceanfront lot for new construction, you will have endless possibilities that could result in a great investment property maximizing rental income. This location is next to a lift station so you should be able to tie into the central sewer which will allow you to build a large house. Please ask listing agent for plans and rental projections for new construction.

Last Agent to Sell the Property

Matt Preston

Twiddy and Company - Corolla License #288634 Listed on: 03/30/2020

Last Buyer's Agent

Cindy Edwards

Century 21 Nachman Realty License #187351

Century 21 Nachman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,771

Year Built

  • Built in 1936

Lot Details

  • 0.96 Acre Lot
  • Beach Front
  • Level Lot
  • Historic Home
  • Property is zoned OIR

Home Design

  • Coastal Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,385 Sq Ft Home
  • Ocean Views

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,771

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Historic, Cottage
  • Directions: Located on the lot directly south of Shutters on the Banks.
  • Headline: KDH Oceanfront History
  • Heated Sq Ft: 2385
  • L V T Date: 03/30/2020
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: OIR
  • Deed Book Pg Number: 0123
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 8
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling, Short Pilings
  • Full Bathrooms: 3

Exterior Features

  • Construction: Block, Frame, Wood
  • Exterior: Asbestos, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 42000
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Estimated Lot Size: 0.96
  • Deed Book: 2211

Building Info

  • Year Built: 1936

Tax Info

  • Year: 2019
  • Taxes: 3770.89

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $1,270,000 -13.9% $532 / Sq Ft
06/19/2021 06/19/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $1,475,000 +16.1% $618 / Sq Ft
05/26/2021 05/26/21 Off Market $1,270,000 -- --
03/05/2021 03/05/21 Pending -- -- --
10/02/2020 10/02/20 For Sale $1,250,000 -1.6% $524 / Sq Ft
10/01/2020 10/01/20 Off Market $1,270,000 -- --
03/30/2020 03/30/20 For Sale $1,250,000 -- $524 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Matt Preston

    Seller's Agent in 2021

    Matt Preston

    Twiddy and Company - Corolla

    (252) 207-6143

    167 Total Sales

    Matt Preston
    Section Image
  • Cindy Edwards

    Buyer's Agent in 2021

    Cindy Edwards

    Century 21 Nachman Realty

    (252) 256-0520

    87 Total Sales

    Cindy Edwards
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108910

Outer Banks Association of REALTORS®

APN: 008122000

North Carolina Dare County Kill Devil Hills 27948

501 S Virginia Dare Trail, Kill Devil Hills, NC

This home is located at 501 S Virginia Dare Trail, Kill Devil Hills, NC 27948 since 30 March 2020. This property was built in 1936. 501 S Virginia Dare Trail is a home located in Dare County with nearby schools including First Flight 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.
Information is deemed reliable but not guaranteed.

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