NOT LISTED FOR SALE

709 N Virginia Dare Trail Kill Devil Hills, NC 27948

Estimated Value: $2,169,000

3 Beds
2 Baths
1,500 Sq Ft
$1,446/Sq Ft Est. Value

Last Sold February 04, 2021

Last sale price $2,200,000 $1,467 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $13,964/month

874 Days on Market

Highlights

  • Ocean Front
  • 1.56 Acre Lot
  • Level Lot
  • First Flight Middle School Rated A-

About This Home

As of February 2021

Amazing opportunity on large deep parcel of ocean front land located in the middle of Kill Devil Hills, NC. Zoned in the Ocean Impact Residential district allows for a multitude of uses including single family, multi-family, hotel/motel use with proper plan review. This has been a family owned home for years and is now available for sale. Home has had a new roof and hvac heat pumps in the last several years. Value is in the location and land. Owners will only allow showings with pre-approval letter of sales price and appointment with listing agent present. 1989 survey shows 110 feet wide by 621 feet deep - the depth of lot may have changed over the years since survey was performed. The northern lot is 60' wide x626 deep (37,560 sq. feet)and southern lot is 50' wide by 621' deep (31,050 sq. feet) according to the last survey on file dated 1989. This is a one of a kind find with a very stable vegetated wide dune line protection. Central sewer should be available through Kill Devil Hills Waster Water Treatment Plant, (KDHWWTP LLC)

Last Agent to Sell the Property

Dawn Stultz

Blue Horizon Realty License #251514 Listed on: 03/21/2018

Last Buyer's Agent

Sumit Gupta

VR Real Estate Advisors, LLC License #212627

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,024

Year Built

  • Built in 1890

Lot Details

  • 1.56 Acre Lot
  • Lot Dimensions are 110 x 621
  • Ocean Front
  • Level Lot

Interior Spaces

  • 1,500 Sq Ft Home
  • Ocean Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Municipal Utilities District Water
  • Private Sewer

Community Details

  • Kitty Hawk Shrs Subdivision

Listing and Financial Details

  • Legal Lot and Block 4&5 / 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,024

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Subdivision Name: Kitty Hawk Shores revised
  • Headline: One of a kind! 2 Lots!
  • Heated Sq Ft: 1500
  • L V T Date: 03/22/2018
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: residentia
  • Deed Book Pg Number: 0482
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C22210
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2

Exterior Features

  • Street Frontage: 110
  • View: Ocean

Utilities

  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 68000
  • Lot Description: Level
  • Lot Faces: e
  • Lot Size: 110 x 621
  • Lot Number: Lot 4&5
  • Estimated Lot Size: 1.56
  • Deed Book: 0607

Building Info

  • Year Built: 1890

Tax Info

  • Year: 2017
  • Taxes: 10024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jan 20, 2021
Sold by
Schmitt Thomas and Schmitt Mary
Bought by
709 Nvdt Llc
Seller's Agent
Dawn Stultz
Blue Horizon Realty
Buyer's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
List Price
$2,900,000
Sold Price
$2,200,000
Premium/Discount to List
-$700,000
-24.14%
Current Estimated Value
$2,169,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,000
Source: Public Records

Range of Values:

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Average Value
Not Available
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
709 Nvdt Llc $2,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nvdt Llc $9,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2021 02/04/21 Sold $2,200,000 -13.7% $1,467 / Sq Ft
08/11/2020 08/11/20 Pending -- -- --
01/10/2020 01/10/20 Price Changed $2,550,000 -3.8% $1,700 / Sq Ft
08/27/2019 08/27/19 Price Changed $2,650,000 -1.9% $1,767 / Sq Ft
05/13/2019 05/13/19 Price Changed $2,700,000 -6.9% $1,800 / Sq Ft
03/04/2019 03/04/19 For Sale $2,900,000 +31.8% $1,933 / Sq Ft
03/04/2019 03/04/19 Off Market $2,200,000 -- --
03/01/2019 03/01/19 For Sale $2,900,000 +31.8% $1,933 / Sq Ft
03/01/2019 03/01/19 Off Market $2,200,000 -- --
10/28/2018 10/28/18 For Sale $2,900,000 +31.8% $1,933 / Sq Ft
07/26/2018 07/26/18 Off Market $2,200,000 -- --
05/14/2018 05/14/18 Pending -- -- --
03/21/2018 03/21/18 For Sale $2,900,000 -- $1,933 / 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
2021 $0 $2,099,300 $1,986,500 $112,800
2020 $15,125 $2,099,300 $1,986,500 $112,800
2019 $10,249 $1,178,100 $1,089,300 $88,800
2018 $10,024 $1,178,100 $1,089,300 $88,800
2017 $10,024 $1,178,100 $1,089,300 $88,800
2016 $9,553 $1,178,100 $1,089,300 $88,800
2014 $9,200 $1,178,100 $1,089,300 $88,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99771

Outer Banks Association of REALTORS®

APN: 003692004