Closing Price:
$1,025,000
2307 S Oneto Lane, Nags Head, NC 27959
5 bd
5 ba
2956 sq ft
MLS #: 106464
Status: Closed

Sold Details

Status: Closed
Sold Price: $979,000.00
Closing Date: 3/20/2020
Contract Date: 2/17/2020
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 160
Due Diligence Date: 3/7/2020

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 160
Cumulative Days On Market: 160
Listing Price: $1,025,000
Original Listing Price: $1,099,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/21/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2956
Asking Price Per SqFt: $347.00
Heated Living Area Sq Ft: 2956
BedroomsTotal: 5
Bathrooms Full: 5
Year Built: 1996
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Concrete, Gunite, Heated, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Heat Pump
Room Type: Foyer, Game Room
Flooring: Carpet, Ceramic Tile, Hardwood
Construction Materials: Frame

Legal Description

Section: NA
County: Dare
Subdivision: Nags Head Shores
Subdivision Name: Nags Head Shores
Deed Book: 1544
Deed Book Page Number: 0415
County Pin Number: 989318322086
Price Change: 3/20/2020
Block: NA
Road Surface: Paved

Lot Details

Total Assessed Value: 918000
Lot Size Acres: 0.3
Lot Size Dimensions: 67X272
Lot Size Square Feet: 13000
Lot Features: Beach Frontage, Waterfront
Lot Faces: E
Water Frontage: 69
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $7,225.00
Home Oner Insurance Expense: 1219
Flood Zone: VE
Flood Insurance Expense: 694
Wind Insurance: 4114
Water Source: Municipal
Yearly Water Expense: 473
Pool Or Spa Expense: 3312
Yearly Expense: Actual
Yearly Elecric Expense: 3600
Yearly Telephone Expense: 470
Yearly Cable Tv Expense: 1667
Contract Status Change Date: 3/21/2020
Estimated Annual Fee Amt: $0.00
Other Expenses 2: 460
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes
Extras: Boardwalk to Beach,Ceiling Fan(s),Hot Tub,Outside Shower,Smoke Detector(s),Sun Deck
Fuel Tanks: Leased
Primary Residence: No
Street Frontage : 67

Rental Income

Annual Rental Income: 125000
Rental Performance: 0.1277

Listing Agent Remarks

2020 UPDATE: ENTIRE INTERIOR BEING PAINTED! SAPPHIRE SEAS offers Breathtaking Ocean Views! When you add in 5 bedrooms, 3 of which are queen master suites, a ground floor game room with Bunk Alcove, heated pool and hot tub all uniquely situated in a low traffic area off the Beach Road but centrally located in Nags Head within easy walking distance of the Fine Art Galleries & Shops of the Gallery Row District you have the makings of a rental machine. The added heat to the pool for the 2019 season should have this home grossing over $125,000. It already has a GRI of over 11%. Improvements are as follows: Freshly Painted 2018; New Blinds 2018; New Roof 2017; UPPER HVAC May 2016; LOWER HVAC 5/017. Both units have a 10 year warranty from install date and warranty is transferable according to the Seller. Not much left to do but add your personal touch and sit back and collect your rental income.

Directions

East on Gallery Row from Beach Rd. Left on Oneto and House is on the right ocean front.

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 2307 S Oneto Lane in Nags Head is provided courtesy of Keller Williams - Outer Banks C: 252-202-2156. 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 2307 S Oneto Lane in Nags Head 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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