Closing Price:
$1,050,000
122 NorBanks Drive, Duck, NC 27949
4 bd
4 ba
2600 sq ft
MLS #: 125722
Status: Closed

Sold Details

Status: Closed
Sold Price: $965,000.00
Closing Date: 10/1/2024
Contract Date: 5/29/2024
Seller Concessions: Yes
Concession Comments: $15,000
Total Days on Market:
Cumulative Days on Market: 13
Due Diligence Date: 7/3/2024

Listing Information

Area: Duck Oceanside
Mls Status: Closed
Days On Market: 12
Cumulative Days On Market: 13
Listing Price: $1,050,000
Original Listing Price: $1,050,000
Short Sale: No
Price Date: 10/2/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2600
Total Living Area Sq Ft: 2600
Asking Price Per SqFt: $404.00
Heated Living Area Sq Ft: 2600
BedroomsTotal: 4
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1987
Garage: 1 Car,Attached
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Association
Counter Tops: Laminate
Cooling: Heat Pump
Interior Features: Pantry, Wet Bar
Heating: Forced Air, Heat Pump, Zoned
Room Type: Foyer, Utility Room, Workshop
Flooring: Carpet, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

Section: 2
County: Dare
Subdivision: Osprey
Deed Book: 1936
Deed Book Page Number: 00007
County Pin Number: 995015723733
Price Change: 10/1/2024
Road Surface: Paved, Private
Association Amenities: Ocean Access, Outdoor-Comm. Pool

Lot Details

Waterfront: More than 5th row
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $5,057.00
Home Oner Insurance Expense: 1439
Flood Zone: X
Wind Insurance: 4153
Other Insurance: 586
Water Source: Municipal
Yearly Water Expense: 480
Other Yearly Expense: 1500
Pool Or Spa Expense: 225
Yearly Elecric Expense: 1700
Contract Status Change Date: 10/2/2024
Estimated Annual Fee Amt: $750.00
Sewer: Septic Tank
Association Fee Includes: Maintenance Grounds, Management, Pool
Association Fee Yes or No: Yes

Financials

Bank/Institution Owned: No
Exterior: Shakes
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Landscaped,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

Annual Rental Income: 39500
Rental Performance: 0.0409
Owner Rental Income 2024 Amount: 30500
Avertised Income 2024 Amount: 34000
Owner Renatl Income 2023 Amount: 31700
Avertised Income 2023 Amount: 28500
Owner Renatl Income 2022 Amount: 39500
Avertised Income 2021 Amount: 34800

Listing Agent Remarks

Enjoy this classic 4 bedroom, 4 and a half bathroom home on high dune with views of the ocean and sound. Close to both ocean and sound. The lower level has foyer, storage closet, large utility room with washer/dryer, sink and extra refrigerator with work area. The first floor has four bedrooms all with private baths and opens up to a large center room. Large deck for relaxing in the summer breezes. Upstairs we have living area and dining, large kitchen and half bath. Screened porch with rocking chairs to enjoy the ocean and sound views. A wooden circular staircase leads up to the ships watch for panoramic views of sunrises and sunsets. Owners have lovely maintained this home keeping it in pristine condition. New septic system. Owners will transfer A/C warranty. Sellers prefer to close October 1st, but negotiable. Owners belong to the Osprey/Sea Ridge community pool. Enjoy this beautiful home by the sea.

Directions

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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 122 NorBanks Drive in Duck is provided courtesy of Howard Hanna Outer Banks 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 122 NorBanks Drive in Duck 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.
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