Sold
Last Sold Price
6 beds1,950 sqft$149/sqft
987 W Kitty Hawk Rd, Kitty Hawk, NC 27949
Multi FamilyProperty Type
0.69 acresLot Size
1978Year Built
$149/sq ftPrice per sq ft

Description

Almost 9% Rate of Return! Great investment property with three rental houses: 2 bedrooms, 1 bath each. Total $2600 income per month; $31,200 per year. Over 100 feet of navigable canal frontage in the heart of Kitty Hawk. Large site zoned “Village Residential 2” with many possibilities for development including a primary home or duplex. Also conditionally permitted for multi-family or a home occupation. Each unit has an electric meter, water meter, and septic tank. Each unit also has a refrigerator,...Almost 9% Rate of Return! Great investment property with three rental houses: 2 bedrooms, 1 bath each. Total $2600 income per month; $31,200 per year. Over 100 feet of navigable canal frontage in the heart of Kitty Hawk. Large site zoned “Village Residential 2” with many possibilities for development including a primary home or duplex. Also conditionally permitted for multi-family or a home occupation. Each unit has an electric meter, water meter, and septic tank. Each unit also has a refrigerator, range/oven and stacked washer/dryer. Unit C has a dishwasher.
  • Listed by: Marcia W Parrott marciaparrott@villagerealtyobx.com • Village Realty Holdings, LLC - NH
  • Listed by: Mark Petty markpetty@villagerealtyobx.com • Village Realty Holdings, LLC - NH
Listing closed: 05/20/2009 08:00 PM • Source: Outer Banks Association of REALTORS, MLS#: 60307

Recent comparable sales

Median sold price

$545,000

Avg days on market

112

Sale-to-list ratio

84.5%

Kitty Hawk, NC

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Location

Listing Courtesy of Village Realty Holdings, LLC - NH

Sold By Ocean Realty

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$1,576 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,474

Property Taxes

$102

HOA Dues

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Property Information for 987 West Kitty Hawk Road

Property Details
  • Taxes: $1,218 / year
  • MLS Type: Residential / Multi-Family 2-4 Units
  • County: Dare County
  • View: Canal
  • Waterfront Features: Canal Front
  • Zoning: Res
Building Information
  • Residences: 3
  • Year Built: 1978
  • Lot Size: 0.69 AC / 30,000 SF
Summary
Location and General Information
  • Directions: West on Kitty Hawk Road. 1.5 miles on left just past RPC sign.
  • Latitude: 36.0687103
  • Longitude: -75.7174759
  • Subdivision Name: None
  • Year Built: 1978
  • ZH Flood Zone: AE
  • Full Subdivision Name: Outer Banks Realty, Inc.
  • Water Frontage: 101
  • Hash Tag of Units: 3
  • Street Frontage: 81
Parking
  • Parking Features: Paved, Off Street
Taxes and HOA
  • Tax Annual Amount: $1,217.92
  • Tax Year: 2008
  • Assoc Fee Y Or N Or Voluntary: No - Restrictive Covenants May Apply
Property
Lot Information
  • Lot Features: Bulkheaded, Level, Waterfront
  • Lot Size Dimensions: 81x297x101x285
  • Lot Size Square Feet: 30000.0
  • Road Surface Type: Paved, Public
Property and Assessments
  • Property Sub Type: Multi-Family 2-4 Units
  • Property Type: Residential
  • Deed Book: 1313
  • Deed Book Pg Number: 240
  • Co File Number: MLS#
  • Bill of Sale In Amt Y Or N: No
  • Furnishings Available Y Or N: No
  • Lot Faces N or E or W or S: N
  • Pin Number: 986508999964
  • Primary Htd Lv Ar SF: 1950.0
Utilities
  • Sewer: Septic Tank
  • Water Source: Municipal
Interior and Exterior Features
Exterior Feature
  • E Exterior: Sheet Siding
  • Pool: No
  • Construction Materials: Frame, Wood Siding
  • Roof: Asphalt
Interior Feature
  • Appliances: Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bathrooms Full: 3
  • Bathrooms Partial: 0
  • Bedrooms Total: 6
  • Cooling: Window Unit(s)
  • Flooring: Carpet, Vinyl
  • Foundation Details: Piling
  • Heating: Electric
Agent
Sale and Listing
  • Listing Id: 60307
Rental
Rent Information
  • Sale Or Rent: S
  • ZE Listing Restrictions: 1031 Tax Deferred Exch.,Named Prospects Exempt
  • Est Annual Rental Income Amt: $31,200
  • Estimated Annual Fee Amt: 0

Property History for 987 West Kitty Hawk Road

DateEvent & SourcePriceAppreciation
May 21, 2009

Sold (Public Record)

Public Record #1115318723

$290,000
May 20, 2009

Sold

Outer Banks Association of REALTORS #60307

$290,000
Mar 5, 2009

Listed (Active)

Outer Banks Association of REALTORS #60307

$325,000
DateEvent & SourcePrice
05/21/2009

Sold (Public Record)

Public Record #1115318723

$290,000
05/20/2009

Sold

Outer Banks Association of REALTORS #60307

$290,000
03/05/2009

Listed (Active)

Outer Banks Association of REALTORS #60307

$325,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 987 West Kitty Hawk Road

Taxable ValueLand$147,300Additions$355,200Total$502,500
Tax Record2025$2,428 ($202 / month)
Home Facts
Beds2Baths1Total Finished SqFt640 SqFtAbove Grade Finished SqFt640 SqFtStories1Lot Size30,000 SqFtStyleSingle Family ResidenceYear Built1978Year Renovated1978CountyDAREAPN017980000

Schools near 987 West Kitty Hawk Road

This home is within Dare County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Kitty Hawk Elementary School
PublicPK to 5

First Flight Middle School
Public6 to 8

First Flight High School
Public9 to 12

Dare Learning Academy
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Village Realty Holdings, LLC - NH

The data relating to real estate on this web site comes in part from the Internet Data Exchange program of Hive MLS, and is updated as of 08/21/2017 03:10 AM. All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Compass or its subsidiaries, affiliates and their agents and associated third parties shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. © 2026 Hive MLS