Listing Details For 501 Virginia Dare Trail in Kill Devil Hills


MLS #: 108910
501 S Virginia Dare Trail
Kill Devil Hills, NC 27948
Selling Price: $1,270,000
Asking Price: $1,475,000
Closing Date: 8/6/2021
Status: Sold CO OP by Member
Status Date: 8/6/2021



Listing Information

HeadlineKDH Oceanfront History
AreaKill Devil Hills Oceanside
Beds8
Full Baths3
Partial Baths0
Asking Price$1,475,000
Price Date8/6/2021
Original Asking Price$1,250,000
Price Per Square Foot$618
Days On Market357
Cumulative Days On Market527
Days On MLS357
Cumulative Days On MLS527
Listing Date3/30/2020
Listing TypeExclusive Right Sell
Input Date Date3/30/2020
Update Date8/6/2021 7:56:35 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleCottage,Coastal,Historic
Year Built1936
Heated Living Area2385
Air ConditoningCentral,Heat Pump,Window Units
HeatingCentral,Heat Pump,Other
Floor CoveringsCarpet,Tile
ConstructionBlock,Frame,Wood
RoofAsphalt/Fiber Shingle
Pool Y/NNo
ExteriorAsbestos,Vinyl
FoundationPiling,Short Pilings

Lot Details & Legal Description

Address501 S Virginia Dare Trail
SubdivisionNone
CountyDare
CityKill Devil Hills
StateNC
Zip27948
Deed Page0123
Deed Book2211
Doc Timestamp2/8/2021
Pin Number988420900147L2
Lot Square Feet42000
Lot DescritionBeach Frontage,Level,Water Frontage
View DescriptionOcean
Distance To WaterOceanfront
ZoningOIR
ParkingOff Street,Paved

Property Expense & Utilities

If the seller of this property located at 501 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 - Restr
Tax Year2019
Property Taxes$3,771
Water SourceMunicipal
Septic Disposal SystemPrivate Septic

Financial's

Finance OptionsCash,Jumbo Loan
Furniture Available ?No
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 501 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

Rare opportunity to own a piece of the Outer Banks history. According to the sellers, the front cottage named the "Ruth Cottage" was the boat house for the Lifesaving Station that used to be located in Kill Devil Hills. a few properties to the south. When the station was decommissioned in 1933, the cottage was moved 100 yards north to where it sits now. On the day the Wright Brothers attempted their first flight, the Surfmen from the Coast Guard Station helped the Wright's move their flying machine to the top of Kill Devil Hill. It is safe to assume that the Wright Brothers have been inside of this cottage. The back cottage closest to the ocean was located from the Naval Shipyard in Norfolk and was used to house families on the base during WWII that were building ships during the war. In 1950, the current sellers family bought the property and it has been in the family ever since and they would love to see it preserved for generations to come. If you are interested in utilizing this large prime oceanfront lot for new construction, you will have endless possibilities that could result in a great investment property maximizing rental income. This location is next to a lift station so you should be able to tie into the central sewer which will allow you to build a large house. Please ask listing agent for plans and rental projections for new construction.

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 501 Virginia Dare Trail in Kill Devil Hills is provided courtesy of Matt Preston of Twiddy & Co. - Duck. 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 501 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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