Shore Realty Outer Banks Home Sales

Listing Details For 1305 Virginia Dare Trail in Kill Devil Hills


MLS #: 96954
1305 S Virginia Dare Trail
Kill Devil Hills, NC 27948
Asking Price: $3,725,000
Status: Active
Status Date: 6/29/2017



Listing Information

AreaKill Devil Hills Oceanside
Beds16
Full Baths9
Partial Baths2
Asking Price$3,725,000
Price Date6/29/2017
Original Asking Price$3,725,000
Price Per Square Foot$517
Days On Market2
Cumulative Days On Market2
Listing Date6/29/2017
Listing TypeExclusive Right Sell
Input Date Date6/29/2017
Update Date6/30/2017 2:10:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleBungalow
Year Built1940
Heated Living Area7205
Air ConditoningCentral
HeatingCentral
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer
CountertopsLaminate
ExtrasBeach Access,Ceiling Fan(s),Covered Decks,Outside Lighting
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer
ConstructionFrame,Wood
Pool Y/NNo
FoundationPiling

Lot Details & Legal Description

Address1305 S Virginia Dare Trail
Unit/Lot #Lot #3,4,5
SubdivisionKill Devil Bch
CountyDare
CityKill Devil Hills
StateNC
Zip27948
Deed Page0212
Deed Book1546
Doc Timestamp1/1/1900
Pin Number989309067689
Tax Database ID4
Tax Property ID989309067689
Lot DescritionBeach Frontage,Water Frontage
View DescriptionOcean
Water Frontage150
Distance To WaterOceanfront
ZoningRES
Flood ZoneVE
RoadsPaved,Public

Property Expense & Utilities

If the seller of this property located at 1305 Virginia Dare Trail in Kill Devil Hills has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NNo
Tax Year2016
Property Taxes$16,589
Water SourceMunicipal

Financial's

Rental Cottage #H 1-5
Rental Turnover DaySAT
Finance OptionsCash,Conventional
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 1305 Virginia Dare Trail is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Listing Agent Remarks

Unbelievable rare investment opportunity. Don't miss these 3 adjoining oceanfront lots with 5 rental homes that are currently in a rental program, and 1 home that is not in a rental program but used by owners. You can keep them as they are or for highest and best use tear down or move the existing homes and replace them with three 18-20 bedroom weekly rentals for optimum rental income. Each of these homes should see a gross cap rate in excess of $450,000 annually. Let us show you a variety of house plans that have already proven to show the highest potential and give you a tour of some of these beautiful money makers. Taxes are for all three lots. A 2017 appraisal on file.

Directions

Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 1305 Virginia Dare Trail in Kill Devil Hills is provided courtesy of Jim Soles of Soles Realty. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 1305 Virginia Dare Trail in Kill Devil Hills is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 or 800-647-1868.

Schools

The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.




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