NOT LISTED FOR SALE

5115 Virginia Dare Trail N Kitty Hawk, NC 27949

Kitty Hawk Beach Neighborhood

Estimated Value: $888,000 - $970,000

3 Beds
2 Baths
1,138 Sq Ft
$814/Sq Ft Est. Value

Last Sold September 24, 2020

Last sale price $549,000 $482 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,591/month

5 Days on Market

Highlights

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

About This Home

As of September 2020

Simple logic says that Ocean Front on the Outer Banks makes perfect sense... "The Haven" is King of Kitty Hawk Ocean Fronts and offers the perfect balance of Home Elements with an Open Flow from room to room along with Huge Vaulted ceilings carrying all that Natural Light perfectly throughout the house. You cannot escape the Views in this Epic Beach House and you can even watch the Sunrise from your Bed!! The Simplicity and Character of the home, Constant Ocean Breezes, Abundance of Decking and Atlantic Ocean Views are among the best offered anywhere along the Outer Banks of NC. The main level offers Two Bedrooms and a Full Hall Bath, Dedicated Dining Room, Kitchen and a Fantastic Living Room with Bamboo Flooring and casual colors accentuating the best views anywhere on the Outer Banks. The stairwell to the Top Floor Large Master Bedroom has all the space and privacy one expects with Views of Ocean as far as one can see. Outside offers large recently improved upon Deck spaces all with stainless steel fasteners. Watch the kids from a short distance at the beach while enjoying a Cold Beverage and some laughs with family and friends. There is an abundance of covered space under the home that could be utilized on those rainy days or for a break from the Sun. This home is a very short walk to Kitty Hawk Pier, Hilton Hotel and Bar, Rundown Cafe & Bar, Duck Donuts, High Cotton BBQ and a 5 minute car ride to the major food shopping centers. This is a very convenient setup with a small footprint for lower maintenance cost while maximizing your Investment Dollars with over 51,665 in Gross income for 2020!! Current times also may call for keeping it as a primary or second home get away. Either way, this is the hottest market on record for the Outer Banks and with Low Interest Rates, Low Inventory, High Demand and a sense of safety along our coveted shores you better act fast. Call me today for a private showing and lets make Outer Banks Living a reality.

Last Agent to Sell the Property

Shane Collins

SERHANT North Carolina LLC License #271508 Listed on: 07/21/2020

Last Buyer's Agent

Danielle Fenyak

Outer Banks Blue Realty Srvcs. License #283556

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,223

Year Built

  • Built in 1988

Lot Details

  • Beach Front
  • 95 Feet of Waterfront
  • Property is zoned BR1

Home Design

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

Interior Spaces

  • 1,138 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 8,N Pt 9 / 11

Community Details

Overview

  • Kitty Hawk Bch Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,223

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Saltbox, Coastal
  • Directions: On the N Va Dare Trl, halfway between Byrd Street and Fonck Street
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Common Laundry Area, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Headline: Oceanfront Dreamers Delight
  • Heated Sq Ft: 1138
  • L V T Date: 07/21/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Oceanfront
  • Zoning: BR1
  • Advertised Income 2020: 51666
  • Deed Book Pg Number: 134
  • 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, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 3
  • Countertops: Laminate, Solid Surface
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Ensuite

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 95
  • View: Ocean
  • Water Frontage: 95

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 982

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 8,N Pt 9
  • Deed Book: 1778

Rental Info

  • Flood Expenses: 3707
  • Lease Terms: Weekly
  • Other Expenses: 280
  • Other Expenses2: 1220
  • Other Expenses3: 200
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: The Haven
  • Rental Cottage Number: KH010
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: SAT
  • Annual Cable TV Expense: 2424
  • Annual Electric: 1315
  • Annual Water Expense: 301
  • Rental Contact Email: tgore@outerbanksblue.com
  • Rental Contact Name: Terry Gore
  • Rental Contact Phone: 252-255-1220

Building Info

  • Year Built: 1988

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2019
  • Taxes: 3223.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Sep 24, 2020
Sold by
Burghart Theodore R and Burghart Sarah L
Bought by
Cunningham Sean Patrick and Cunningham Christine Ann
Seller's Agent
Shane Collins
SERHANT North Carolina LLC
Buyer's Agent
Danielle Fenyak
Outer Banks Blue Realty Srvcs.
List Price
$548,900
Sold Price
$549,000
Premium/Discount to List
$100
0.02%
Total Days on Market
5
Current Estimated Value
$926,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,899
Avg. Annual Appreciation
11.79%
Original Mortgage
$494,100
Outstanding Balance
$444,412
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$482,487

Purchase Details

Closed on
Sep 4, 2008
Sold by
Adams David L
Bought by
Burghart Theodore R and Burghart Sarah L K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.61%
Mortgage Type
Purchase Money Mortgage
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
Cunningham Sean Patrick $549,000 None Available
Burghart Theodore R $402,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cunningham Sean Patrick $494,100
Previous Owner Burghart Theodore R $310,829
Previous Owner Burghart Theodore R $322,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2020 09/24/20 Sold $549,000 0.0% $482 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $548,900 -- $482 / 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 $4,661 $566,800 $216,000 $350,800
2023 $4,650 $580,832 $216,000 $364,832
2022 $4,131 $516,040 $216,000 $300,040
2021 $4,118 $514,376 $216,000 $298,376
2020 $4,118 $514,376 $216,000 $298,376
2019 $3,223 $336,600 $137,000 $199,600
2018 $3,232 $336,600 $137,000 $199,600
2017 $3,223 $336,600 $137,000 $199,600
2016 $3,085 $336,600 $137,000 $199,600
2014 $252 $336,600 $137,000 $199,600
Source: Public Records

Agents Affiliated with this Home

  • Shane Collins

    Seller's Agent in 2020

    Shane Collins

    SERHANT North Carolina LLC

    (252) 202-1193

    4 in this area

    237 Total Sales

    Shane Collins
    Section Image
  • Danielle Fenyak

    Buyer's Agent in 2020

    Danielle Fenyak

    Outer Banks Blue Realty Srvcs.

    (252) 256-2105

    1 in this area

    57 Total Sales

    Danielle Fenyak
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110205

Outer Banks Association of REALTORS®

APN: 010640000

North Carolina Dare County Kitty Hawk 27948 Kitty Hawk Beach

5115 Virginia Dare Trail N, Kitty Hawk, NC

This home is located at 5115 Virginia Dare Trail N, Kitty Hawk, NC 27949 since 21 July 2020 and is currently estimated at $926,899, approximately $814 per square foot. This property was built in 1988. 5115 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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Information is deemed reliable but not guaranteed.

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