Closing Price:
$425,000
10303E E Loon Court, Nags Head, NC 27959
2 bd
1 ba
780 sq ft
MLS #: 106614
Status: Closed

Sold Details

Status: Closed
Sold Price: $395,000.00
Closing Date: 3/18/2020
Off Market Date: 11/2/2019
Contract Date: 1/13/2020
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 80
Due Diligence Date: 3/10/2020

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 80
Cumulative Days On Market: 80
Listing Price: $425,000
Original Listing Price: $425,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 3/18/2020
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 780
Asking Price Per SqFt: $545.00
Heated Living Area Sq Ft: 780
BedroomsTotal: 2
Bathrooms Full: 1
Year Built: 1964
Garage: None
Architectural Style: Beach Box
Sub Type: Single Family Residence
Appliances: Dishwasher, Microwave, Refrigerator, Range/Oven, Stackable Washer/Dryer
Roof: Asphalt
Parking: Off Street
Foundation: Piling
Pool: No
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Flooring: Carpet, Vinyl
Construction Materials: Frame

Legal Description

County: Dare
Subdivision: Glenlea Beach
Deed Book: 1978
Deed Book Page Number: 0147
County Pin Number: 071815723734
Price Change: 3/17/2020
Road Surface: Paved, Private

Lot Details

Lot Size Acres: 0.13
Lot Size Square Feet: 5500
Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $2,261.00
Home Oner Insurance Expense: 353
Flood Zone: VE
Flood Insurance Expense: 451
Wind Insurance: 1235
Water Source: Municipal
Yearly Water Expense: 247
Yearly Elecric Expense: 965
Yearly Cable Tv Expense: 865
Contract Status Change Date: 3/18/2020
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Beach Access,Covered Decks,Outside Shower,Inside Laundry Room
Primary Residence: No

Rental Income

Annual Rental Income: 60830
Rental Performance: 0.154

Listing Agent Remarks

Dreaming of owning a home by the ocean! Now is the chance to own your peace of tranquility. This amazing oceanfront bungalow is situated at the quiet end of south Nags Head with beach access and endless ocean views. Includes a 2nd full outdoor bathroom with toilet, sink, and shower. It is move-in ready and includes furnishings. A true Outer Banks beach cottage to be enjoyed and/or rented. Super income producer generating $62,000+ for 2019 and $21,300 already booked for 2020. Affordable opportunity to be on the oceanfront with a positive cash flow property. Let guest/renters help pay your mortgage. Sounds great doesn't it. Well, it is!

Directions

Proceed onto Old Oregon Inlet Road, near MP 21 turn east onto Loon Court, last (oceanfront) house on right.

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 10303E E Loon Court in Nags Head is provided courtesy of Sun Realty - KDH C: 252-441-8011. 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 10303E E Loon Court 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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