NOT LISTED FOR SALE

5201 N Virginia Dare Trail Kitty Hawk, NC 27949

Estimated Value: $1,174,794 - $1,496,000

4 Beds
3 Baths
1,850 Sq Ft
$694/Sq Ft Est. Value

Last Sold February 19, 2019

Last sale price $775,000 $419 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,400/month

43 Days on Market

Highlights

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

About This Home

As of February 2019

Completely remodeled in 2003, this coastal Oceanfront retreat is nothing short of Magic! A sunken Hot Tub on the main deck for star gazing, a large Oceanfront Sun Deck and Private Beach Boardwalk for incredible Ocean Views, a ground level covered deck with Picnic table and stainless steel Grill, and access to the most charming enclosed outside beach shower are just a few of the amenities that make this home so special. The entire home was remodeled in 2003 and brought to life with custom craftsman details and fresh coastal decor, and has been meticulously maintained since. The main level features a bright and inviting Living Room with Gas Fireplace, French Doors that lead to the coziest Sun Room you ever did see (with Deck Access), a Full Kitchen and Dining area with stellar Ocean Views, 2 Bedrooms (one Queen and one with Bunks and a Full Bed), a Full Bathroom with Tub Shower off the Sun Room, and the Laundry Closet. The top level boasts a Loft with an Ocean View Reading Nook, and two additional Bedrooms...each a Master Suite with Private En-Suite Full Baths (one with Tiled Walk-in Shower, and one with a Stall Shower), and Private Ocean View Balconies. Each Master Bedroom has a Walk-In closet, and there are multiple storage closets and additional owner closets throughout. It's no wonder why renters LOVE this home...gross annual rental income well exceeds $100,000/year when you add back in all the owner blocked weeks..ask your agent for the rental history!! Recent Improvements include: NEW Heat Pump 2018; NEW Hot Water Heater 2018; NEW Hot Tub Cover 2018; NEW Dining Room Windows 2018; NEW top level Balcony Sliders and Cool Touch Floor on S. Balcony 2018; NEW Counter and Sink in main level Bath 2018; NEW Custom Trim work in Sun Room 2018; NEW Carpet on Top Level and Stairway 2017; NEW Picnic Table and Dining Set 2017; NEW Maintenance Free PVC Exterior Trim on Windows/Doors on East side 2016; all NEW Timbertec Exterior Steps w/ PVC Risers (except beach steps) 2016; NEW Master BR King Mattresses 2016; NEW Stainless Kitchen Appliances 2015; NEW Pergo Flooring in LR and main level BR's 2015; NEW 3M protection coating in Sunroom Windows 2010; NEW Steel Storm Shutters for windows/doors facing East and doors facing West (all others have PVC Shutters) 2004; NEW PVC Maintenance Free Railings 2003...METICULOUSLY MAINTAINED...this is your Oceanfront Dream Home in Kitty Hawk!

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 11/20/2018

Coldwell Banker Seaside Realty KH

Co-Listed By

Charles Gill

Coldwell Banker Seaside Realty KH License #273660

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,050

Year Built

  • Built in 1989

Lot Details

  • 6,098 Sq Ft Lot
  • Beach Front

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,850 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Loft
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Anderson's Bts Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,050

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Craftsman, Coastal
  • Directions: Just North of Byrd Street beach access.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Storage Shed, Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: Anderson's By The Sea
  • Headline: CHARMING W/ OVER $99K RENTALS
  • Heated Sq Ft: 1850
  • L V T Date: 11/20/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 170
  • 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, Washer
  • Bedrooms: 4
  • Bedroom 1: MASTER STE, On Level: 2
  • Bedroom 2: MASTER STE, On Level: 2
  • Bedroom 3: QUEEN BR, On Level: 1
  • Bedroom 4: BUNK/FULL, On Level: 1
  • Kitchen: OCEAN VIEW, On Level: 1
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Walk in Closet
  • Dining Room: OCEAN VIEW, On Level: 1
  • Living Room: OCEAN VIEW, On Level: 1
  • Optional Rooms: Loft, Sun/Florida Room
  • Optional Room 1: SUN ROOM, On Level: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board, Hurricane Shutters
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: OCEAN VIEW
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Electric, Forced Air, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1218

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 1
  • Estimated Lot Size: 0.14
  • Deed Book: 2068

Rental Info

  • Flood Expenses: 2817
  • Lease Terms: Weekly
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Fragile Magic
  • Rental Cottage Number: 4000
  • Rental Phone Number: 252-261-5500
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2612
  • Annual Water Expense: 645
  • Rental Contact Email: lsmith@seasiderealty.com
  • Rental Contact Name: Lori Smith

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2018
  • Taxes: 4050.47

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2018
Closed on
Feb 7, 2019
Sold by
Quinlan Gary W and Quinlan Marilynne
Bought by
Collins Kathleen E
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$850,000
Sold Price
$775,000
Premium/Discount to List
-$75,000
-8.82%
Current Estimated Value
$1,252,417

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,417
Avg. Annual Appreciation
8.10%
Original Mortgage
$616,250
Outstanding Balance
$542,884
Interest Rate
4.4%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$741,815
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
Collins Kathleen E $775,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collins Kathleen E $616,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2019 02/19/19 Sold $775,000 -8.8% $419 / Sq Ft
01/02/2019 01/02/19 Pending -- -- --
11/20/2018 11/20/18 For Sale $850,000 -- $459 / 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 $6,520 $789,800 $228,000 $561,800
2023 $3,163 $812,272 $228,000 $584,272
2022 $6,502 $812,272 $228,000 $584,272
2021 $6,502 $812,272 $228,000 $584,272
2020 $4,050 $812,272 $228,000 $584,272
2019 $4,050 $421,500 $140,800 $280,700
2018 $4,050 $421,500 $140,800 $280,700
2017 $4,050 $421,500 $140,800 $280,700
2016 $3,876 $421,500 $140,800 $280,700
2014 $3,267 $421,500 $140,800 $280,700
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: 102754

Outer Banks Association of REALTORS®

APN: 010353001