NOT LISTED FOR SALE

506 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $1,065,000 - $1,112,000

4 Beds
4.5 Baths
2,610 Sq Ft
$416/Sq Ft Est. Value

Last Sold October 20, 2023

Last sale price $1,090,000 $418 Per Sq Ft

Current estimated payment $6,216/month

19 Days on Market

Highlights

  • Ocean Front
  • Fiberglass Pool
  • Corner Lot
  • First Flight Middle School Rated A-
  • Cathedral Ceiling
  • Furnished

About This Home

As of October 2023

ONE OF THE BEST VALUED SEMI OCEANFRONT ON THE MARKET!... “Special K” is a WELL-MAINTAINED HOME THAT OFFERS THE LUXURY AND CONVENIENCE OF HAVING YOUR OWN PRIVATE POOL, HOT TUB, TWO ENSUITES, GAME ROOM WITH WET BAR, MULTIPLE SUN AND COVERED DECKS, GAS FIREPLACE, SCREENED PORCH WITH EXTRA STRENGTH SCREENS AND EXPANDED POOL AREA IN A VERY PRIVATE SETTING. Semi oceanfront home with an ideal location that provides direct beach access at Carlow Street just 50 feet away. You’ll love THE OCEAN AND WRIGHT BROTHERS MONUMENT VIEWS. The home has newer (2017 & 2018) upscale furnishings and decor, stainless steel appliances, interior paint and carpeting. Recent upgrades include new deck boards, luggage and grocery lift, and new HVAC systems. It’s an IDEAL CENTRAL LOCATION (MILEPOST 8) with a “paper” road on the Northern boundary allowing privacy. Very close to many restaurants, Wright Brothers Memorial, and attractions. SELLER LIMITS RENTS TO JUST IN-SEASON WEEKS…POTENTIAL TO BRING IN MUCH MORE RENTAL INCOME. IDEAL 2ND HOME/VACATION RENTAL!

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 09/06/2023

Last Buyer's Agent

Everette Jennings

OBXBROKER L.L.P License #280195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,114

Year Built

  • Built in 2004

Lot Details

  • Lot Dimensions are 50x150
  • Ocean Front
  • Fenced Yard
  • Corner Lot
  • Property is zoned RH

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,610 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

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

Community Details

  • Kitty Hawk Shrs Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 23

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,114

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Fenced Yard, Hot Tub, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: X
  • Subdivision Name: Kitty Hawk Shores - Revised
  • Headline: OCEANVIEWS-DIRECT BEACH ACCESS
  • Heated Sq Ft: 2610
  • L V T Date: 09/06/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RH
  • Advertised Income 2021: 51589
  • Deed Book Pg Number: 0595
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Fuel Tanks: Owned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Lot Description: Corner
  • Lot Size: 50X150
  • Lot Number: Lot 4
  • Deed Book: 2183

Rental Info

  • Est Annual Rental Income: 89025
  • Estimated Rental Performance: 0.0817
  • Lease Terms: Weekly
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: Special K
  • Rental Cottage Number: 292
  • Rental Phone Number: 252.261.4444
  • Rental Turnover Day: Sunday
  • Rental Contact Email: dawn@joelambjr.com
  • Rental Contact Name: Dawn Landron
  • Rental Contact Phone: 252.261.4444

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2023
  • Taxes: 4114

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2024
Sold by
Pendergrass Roger Gray and Pendergrass Jennifer Femple
Bought by
Speacial K Beach House Llc
Current Estimated Value
$1,086,595

Purchase Details

Listed on
Sep 6, 2023
Closed on
Oct 20, 2023
Sold by
Klotz Christopher L and Klotz Julia K
Bought by
Pendergrass Roger Gray and Pendergrass Jennifer Temple
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Everette Jennings
OBXBROKER L.L.P
List Price
$1,159,000
Sold Price
$1,090,000
Premium/Discount to List
-$69,000
-5.95%
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.17%

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 27, 2017
Sold by
Bank Of America Na
Bought by
Klotz Christopher L and Klotz Julia K
Seller's Agent
Rosemarie Doshier
The Doshier Team OBX Realty
Buyer's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
List Price
$490,500
Sold Price
$511,600
Premium/Discount to List
$21,100
4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.93%
Original Mortgage
$409,280
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2017
Sold by
Gerbino Robert R and Gerbino Laurie C
Bought by
Bank Of America Na
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Speacial K Beach House Llc -- None Listed On Document
Pendergrass Roger Gray $6,540,000 None Listed On Document
Pendergrass Roger Gray $6,540,000 None Listed On Document
Klotz Christopher L $260,000 None Available
Bank Of America Na $2,981,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Klotz Christopher L $409,280
Previous Owner Gerbino Lurie C $80,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/20/2023 10/20/23 Sold $1,090,000 -6.0% $418 / Sq Ft
09/25/2023 09/25/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $1,159,000 +126.5% $444 / Sq Ft
07/31/2017 07/31/17 Sold $511,600 +4.3% $196 / Sq Ft
06/30/2017 06/30/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $490,500 -- $188 / 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 $4,105 $531,700 $240,000 $291,700
2023 $4,114 $543,368 $240,000 $303,368
2022 $3,915 $543,368 $240,000 $303,368
2021 $3,923 $543,368 $240,000 $303,368
2020 $3,915 $543,368 $240,000 $303,368
2019 $4,695 $525,900 $251,600 $274,300
2018 $4,475 $525,900 $251,600 $274,300
2017 $4,475 $525,900 $251,600 $274,300
2016 $4,376 $525,900 $251,600 $274,300
2014 $4,214 $525,900 $251,600 $274,300
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 123338

Outer Banks Association of REALTORS®

APN: 003743000