Closing Price:
$835,000
2715 S Memorial Avenue, Nags Head, NC 27959
4 bd
4 ba
2534 sq ft
MLS #: 112021
Status: Closed

Sold Details

Status: Closed
Sold Price: $815,075.00
Closing Date: 5/13/2021
Contract Date: 1/30/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 163
Due Diligence Date: 3/16/2021

Listing Information

Area: Nags Head between hwys
Mls Status: Closed
Days On Market: 163
Cumulative Days On Market: 163
Listing Price: $835,000
Original Listing Price: $835,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/13/2021
Furnishing Available: Yes
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2534
Asking Price Per SqFt: $330.00
Heated Living Area Sq Ft: 2534
BedroomsTotal: 4
Bathrooms Full: 4
Bathrooms Partial: 2
Year Built: 2021
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Central, Heat Pump, Zoned
Room Type: Game Room
Flooring: Carpet, Tile, Laminate
Construction Materials: Frame

Legal Description

Section: 2
County: Dare
Subdivision: Nags Head Shores
Deed Book: 2348
Deed Book Page Number: 0421
County Pin Number: 989206491245
Price Change: 5/12/2021
Block: 6
Road Surface: Paved, Public

Lot Details

Lot Size Dimensions: 50X150
Lot Features: Level
Waterfront: 2 - lots from oceanfront (3rd row
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $1,235.00
Home Oner Insurance Expense: 4070
Flood Zone: X
Flood Insurance Expense: 858
Other Insurance: 340
Water Source: Municipal
Yearly Expense: Estimated
Contract Status Change Date: 5/13/2021
Estimated Annual Fee Amt: $0.00
Sewer: Non Conventional Septic
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bank/Institution Owned: No
Exterior: Lap Siding
Extras: Ceiling Fan(s),Common Laundry Area,Covered Decks,Outside Shower,Sun Deck,Dry Entry
HOA Contact Name: none
Primary Residence: No
HOA Contact Info: none

Rental Income

Annual Rental Income: 59600
Rental Performance: 0.0731
Owner Rental Income 2021 Amount: 42597
Avertised Income 2021 Amount: 45060

Listing Agent Remarks

Rare opportunity! Act quickly on this brand new construction home built by custom home builder Lenz Homes! April 30th completion date!...hard to beat 3rd row location (Flood Zone "X") with Barnes Street direct beach access just 500' from home! It’s being sold fully furnished and in Outer Banks Blue's vacation rental program which means the new owner should expect a full season of rental income on day one with a $59,600 full season projection! The home was custom designed by Florez Design Studio along with builder suggestions creating bigger than average four master suites! Enjoy the ocean/sunrise views and breezes from the east facing sun decks! This is being carefully crafted using some of the best techniques and new trends. The home has vinyl Pella windows, LP Smart siding, granite counter tops, architectural roof shingles, LTV and tile flooring, GE stainless appliances, Craftsman trim and so many other upgrades!...must see to appreciate (Phillip Lenz is available by appointment to meet your clients). There’s a spacious game room leading to the private pool area. The location is ideal! Walk/bike to dozens of restaurants, Jockey’s Ridge, YMCA, Dowdy’s Park and Nags Head Woods Park on the west end of Barnes Street. Look at the features and benefits! New construction sold completely furnished, rental income, ocean views, location…complete turn-key package!

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 2715 S Memorial Avenue in Nags Head is provided courtesy of Outer Banks Blue Realty Srvcs. . 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 2715 S Memorial Avenue 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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