NOT LISTED FOR SALE

5127 N Virginia Dare Trail Kitty Hawk, NC 27949

Estimated Value: $1,314,420 - $1,409,000

5 Beds
4 Baths
2,580 Sq Ft
$522/Sq Ft Est. Value

Last Sold January 20, 2021

Last sale price $910,000 $353 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,868/month

2 Days on Market

Highlights

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

About This Home

As of January 2021

Welcome to 5127 Virginia Dare Trail. This 5 bedroom, 4 bathroom home in Kitty Hawk is being offered by the original owners. The floorplan is so well thought out - 4 bedrooms have private bathrooms, and every room in the house has ocean views. The top floor has 2 master bedrooms with deck access on either side of an open living room, kitchen, dining area with a wall of windows to maximize the incredible ocean views, and an oceanfront deck that runs the length of the house. The mid-level has 2 master bedrooms with deck access, a 3rd bedroom, full bath and second living area with wet bar. This level also has an oceanfront deck that runs the length of the house with a hot tub. The ground level has covered parking, dry entry and outside shower. The icing on the cake is the over $100,000 of rental income this home generates yearly. Recent updates include sofas, interior paint, LVT flooring, HVAC units and roof.

Last Agent to Sell the Property

Beth Dobney Garcia

Coldwell Banker Seaside Realty KH License #174853 Listed on: 11/20/2020

Coldwell Banker Seaside Realty KH

Co-Listed By

Zachary Garcia

Coldwell Banker Seaside Realty KH License #134919

Last Buyer's Agent

Joanne Kepler

Beach Realty & Construction- Corolla License #190335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,292

Year Built

  • Built in 1995

Lot Details

  • 5,489

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,580 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Electric Fireplace
  • Window Treatments
  • Carpet
  • Ocean Views
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

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

Pool

  • Spa
  • Outdoor Shower

Utilities

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

Additional Features

  • Covered Deck
  • Beach Front

Community Details

  • Kitty Hawk Bch Subdivision

Listing and Financial Details

  • Legal Lot and Block s 3 & 4 / 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,292

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Covered Decks, Hot Tub, Outside Shower
  • Flood Zone: VE
  • Subdivision Name: Kitty Hawk Beach Rev Sec A
  • Headline: 11.7 ROI-Views from every room
  • Heated Sq Ft: 2580
  • L V T Date: 11/20/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Advertised Income 2020: 104930
  • Advertised Income 2021: 62910
  • Deed Book Pg Number: 227
  • 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

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 5
  • Bedroom 1: 13 x 13, On Level: 3
  • Bedroom 2: 13 x 13, On Level: 3
  • Bedroom 3: 13 x 13, On Level: 2
  • Bedroom 4: 13 x 11, On Level: 2
  • Bedroom 5: 13 x 13, On Level: 2
  • Kitchen: 14 x 10, On Level: 3
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Electric Fireplace
  • Dining Room: 15 x 8, On Level: 3
  • Game Room: 13 x 13, On Level: 2
  • Living Room: 15 x 15, On Level: 3

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1263

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: 100 x MHW
  • Lot Number: Lots 3 & 4
  • Deed Book: 2068

Rental Info

  • Est Annual Rental Income: 105900
  • Estimated Rental Performance: 0.1164
  • Flood Expenses: 5774
  • Lease Terms: Weekly
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: Dolphin's Run
  • Rental Cottage Number: 387
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 3207
  • Annual Electric: 2888
  • Annual Water Expense: 829

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2020
  • Taxes: 6292

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2020
Closed on
Jan 6, 2021
Sold by
Sheffield Steven T and Sheffield Bonita R
Bought by
Freidman Mei
Seller's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
Buyer's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
List Price
$899,000
Sold Price
$910,000
Premium/Discount to List
$11,000
1.22%
Current Estimated Value
$1,346,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,605
Avg. Annual Appreciation
8.87%
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
Freidman Mei $910,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freidman Mei $548,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2021 01/20/21 Sold $910,000 +1.2% $353 / Sq Ft
11/22/2020 11/22/20 Pending -- -- --
11/20/2020 11/20/20 For Sale $899,000 -- $348 / 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 $6,542 $794,400 $222,000 $572,400
2023 $6,293 $786,096 $222,000 $564,096
2022 $6,293 $786,096 $222,000 $564,096
2021 $6,310 $786,096 $222,000 $564,096
2020 $6,293 $786,096 $222,000 $564,096
2019 $5,737 $594,200 $140,800 $453,400
2018 $5,737 $594,200 $140,800 $453,400
2017 $5,737 $594,200 $140,800 $453,400
2016 $5,490 $594,200 $140,800 $453,400
2014 $4,627 $594,200 $140,800 $453,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111938

Outer Banks Association of REALTORS®

APN: 010636000