Closing Price:
$999,000
4719 S Virginia Dare Trail, Nags Head, NC 27959
6 bd
6 ba
3362 sq ft
MLS #: 110502
Status: Closed

Sold Details

Status: Closed
Sold Price: $947,000.00
Closing Date: 12/23/2020
Off Market Date: 11/6/2020
Contract Date: 11/6/2020
Seller Concessions: Yes
Concession Comments: For repairs $20,000
Total Days on Market:
Cumulative Days on Market: 202
Due Diligence Date: 12/16/2020

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 201
Cumulative Days On Market: 202
Listing Price: $999,000
Original Listing Price: $999,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 12/28/2020
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: 3362
Asking Price Per SqFt: $297.00
Heated Living Area Sq Ft: 3362
BedroomsTotal: 6
Bathrooms Full: 6
Year Built: 1989
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
Foundation: Piling
Pool: No
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Heat Pump
Room Type: Shipswatch
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame

Legal Description

Section: A
County: Dare
Subdivision: Nags Head Beach
Subdivision Name: Nags Head Beach Plat A
Deed Book: 1870
Deed Book Page Number: 36
County Pin Number: 080109156379
Price Change: 12/27/2020
Block: 3
Road Surface: Paved, Public

Lot Details

Land Tax Value: 729000
Total Assessed Value: 1198300
Lot Size Acres: 0.3
Lot Size Dimensions: 50' x 435'
Lot Size Square Feet: 13000
Lot Features: Beach Frontage, Level, Waterfront
Lot Faces: E
Water Frontage: 50
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $7,975.00
Home Oner Insurance Expense: 7000
Flood Zone: VE
Water Source: Municipal
Yearly Water Expense: 400
Other Yearly Expense: 1500
Pool Or Spa Expense: 3000
Yearly Expense: Actual
Yearly Elecric Expense: 5240
Yearly Telephone Expense: 900
Yearly Cable Tv Expense: 1350
Contract Status Change Date: 12/28/2020
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Maintenance Expense: 3500
Other Expenses 2: 500
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
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Hot Tub,Outside Shower,Sun Deck
HOA Contact Name: None
Primary Residence: No
Street Frontage : 50
HOA Contact Info: None

Rental Income

Annual Rental Income: 117840
Rental Performance: 0.1244
Owner Rental Income 2021 Amount: 22995
Avertised Income 2021 Amount: 23575

Listing Agent Remarks

This home is all about LOCATION and VIEW! Views 180 degrees from most anywhere in the home. This 6 bedroom, 6 bath home is a money maker. Can consistently do upwards of $120,000 without $16,000 in owner use. 2020 income is approaching $100,000 even with the loss of spring weeks due to COVID. Pre-bookings for 2021 are already at $22,000. Add a pool and watch your income soar. Owner says they looked into adding a pool and found one could be added to front side yard. Roof is new!

Directions

MP 13.9 on the Beach Road - Oceanfront

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 4719 S Virginia Dare Trail 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 4719 S Virginia Dare Trail 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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