Closing Price:
$849,900
$849,900
54000 Marlin Drive,
Frisco, NC 27936
4 bd
3 ba
2693 sq ft
MLS #: 122459
Status: Closed
Sold Details
Status: Closed
Sold Price: $840,000.00
Closing Date: 8/14/2023
Contract Date: 7/10/2023
Seller Concessions: Yes
Concession Comments: $520 for septic pump.
Total Days on Market:
Cumulative Days on Market: 33
Due Diligence Date: 8/8/2023
Listing Information
Area: Frisco Oceanside
Mls Status: Closed
Days On Market: 33
Cumulative Days On Market: 33
Listing Price: $849,900
Original Listing Price: $849,900
Short Sale: No
Price Date: 8/15/2023
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 2693
Asking Price Per SqFt: $316.00
Heated Living Area Sq Ft: 2693
BedroomsTotal: 4
Bathrooms Full: 3
Bathrooms Partial: 1
Year Built: 2001
Garage: Carport
Architectural Style: Contemporary, Coastal
Sub Type: Single Family Residence
Parking: Off Street, Paved, Underground
Pool: No
Construction Materials: Frame, Wood Siding
Legal Description
County: Dare
Subdivision: Marlin Village
Deed Book: 2596
Deed Book Page Number: 402
County Pin Number: 050514448793
Price Change: 8/14/2023
Lot Details
Lot Size Acres: 0.14
Lot Size Square Feet: 6000
Lot Features: Corner Lot, Cul-De-Sac, Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean, Sound
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2022
Annual Property Taxes: $2,587.00
Contract Status Change Date: 8/15/2023
Estimated Annual Fee Amt: $0.00
Association Fee Yes or No: No - Restrictive Covenants May Apply
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Lap Siding
Fuel Tanks: None
HOA Contact Name: None
Primary Residence: No
HOA Contact Info: None
Rental Income
Annual Rental Income: 79055
Rental Performance: 0.0941
Owner Renatl Income 2023 Amount: 66779
Avertised Income 2023 Amount: 81156
Owner Renatl Income 2022 Amount: 52856
Avertised Income 2021 Amount: 63115
Owner Rental Income 2021 Amount: 38589
Avertised Income 2021 Amount: 48173
Listing Agent Remarks
This beautiful, recently updated 4-bedroom, 3.5-bathroom home is 1 lot from the ocean on the Outer Banks, North Carolina. Just steps from the beach, this property offers stunning Atlantic Ocean and Pamlico Sound views and is perfect as a turnkey investment property or as a second home or main residence. If you choose to keep this property as a turnkey investment home, then you will be starting with $79,000 plus of gross rental income on the books for 2023 with potential for lots of growth. Gross rentals have already increased by 25% this year over 2022. The home features a spacious great room on the third flood that includes the fully renovated kitchen and dining area for the entire family to gather as well as a game area and a half bathroom. The master bedroom ensuite on the 4th floor features a private balcony with ocean views, a jacuzzi tub, and a spacious bedroom. On this deck you will find a spiral staircase that leads to the rooftop deck with panoramic views of the Atlantic Ocean and Pamlico Sound. There are also three additional bedrooms and two bathrooms on the 2nd floor. Two of the bedrooms on this floor share a deck with ocean views with one of these bedrooms being ensuite. The home also features several amenities, including a hot tub, a covered outdoor game area, outdoor shower, outdoor fenced area for pets, outdoor paver patio with park grill and plenty of seating, cargo lift, full laundry room and a rooftop deck with panoramic views of the ocean and sound. Make sure to ask your agent for the full list of recent upgrades and updates since there are too many to list. This home is turnkey and is perfect for anyone who wants to enjoy the beauty of the Outer Banks or have a smart investment that will give one of the best returns in the area. Call today to schedule a showing!
Directions
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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 54000 Marlin Drive in Frisco is provided
courtesy of Beach House Brokers, LLC . 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 54000 Marlin Drive in Frisco 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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