Closing Price:
$524,999
500 P-4 W Villa Dunes Drive, Nags Head, NC 27959
3 bd
2 ba
1584 sq ft
MLS #: 119854
Status: Closed

Sold Details

Status: Closed
Sold Price: $465,000.00
Closing Date: 1/17/2023
Contract Date: 12/6/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 132
Due Diligence Date: 12/23/2022

Listing Information

Area: Nags Head Westside
Mls Status: Closed
Days On Market: 131
Cumulative Days On Market: 132
Listing Price: $524,999
Original Listing Price: $545,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/19/2023
Furnishing Available: No
Bill Of Sale Amount: No
Ownership: Owned 12 Months or less
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1584
Asking Price Per SqFt: $331.00
Heated Living Area Sq Ft: 1584
BedroomsTotal: 3
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1978
Sub Type: Condominium
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Parking: Reserved
Foundation: Slab
Pool: Yes
Pool Type: Association
Pool Features: Association
Cooling: Central Air, Heat Pump
Interior Features: Walk-In Closet(s)
Heating: Heat Pump
Room Type: Foyer, Utility Room
Flooring: Carpet, Tile

Legal Description

County: Dare
Subdivision: Villas Condo
Deed Book: WB22E
Deed Book Page Number: 0162
County Pin Number: 989218326375P4
Price Change: 1/18/2023
Road Surface: Paved, Private
Association Amenities: Boat Ramp, Clubhouse, Common Area, Gated, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground, Park, Sound Access

Lot Details

Lot Features: Adj. To Common Area, Adj to Park Serv./Preserv, Waterfront
Waterfront: Soundfront
View: Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $2,194.00
Home Oner Insurance Expense: 684
Flood Zone: X
Water Source: Municipal
Yearly Water Expense: 120
Yearly Expense: Actual
Yearly Elecric Expense: 600
Contract Status Change Date: 1/19/2023
Estimated Annual Fee Amt: $5,549.00
Sewer: Shared Septic
Association Fee Includes: Building Maintenance, Electricity, Common Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Sewer/Septic, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Electroni Locks: None
Bank/Institution Owned: No
Exterior: Brick,Shakes
Extras: Ceiling Fan(s),Landscaped,Outdoor Tennis,Storm Doors
Fuel Tanks: None
HOA Contact Name: Greg Sherman
Primary Residence: Yes
HOA Contact Info: 252-305-5035

Rental Income

Annual Rental Income: 50000
Rental Performance: 0.1075

Listing Agent Remarks

Most Sought Out Location in the Villas...PLUS a Hard to Find Upgraded 3 Bedroom 2.5 Bath Unit complete with Hurricane Shutters!!! LOCATION, LOCATION PLUS VIEWS of the SOUND and SUNSETS from Living Room, Dining Room, Kitchen, Master Bedroom and 2nd Bedroom. Reserve Parking just Outside this Unit's Front Dorr. Enter into a Large Foyer area. First Level includes a Utility Room with a Washer & Dryer and Broom Closet with additional Shelving and Hooks. In addition to the Utility Room, there is a Half Bath, a Closet under the Stairway, Kitchen, Living Room and Dining Room. The Kitchen allows even the chef to the Soundviews along with being a part of family and friends in the Dining and Living Areas. Don't forget the Awesome Soundviews and Access thru the Sliders to the Soundfront Patio from these two rooms. You don't get a better view of the Sound, Pool and Common Area!!! Notice the Beautiful Tile Flooring in Foyer, Utility Room, Half Bath and Closet under Stairway and Kitchen. Dining and Living Areas are Carpeted. 2nd Level has a Large Soundfront Master Bedroom and Bath with a Private Balcony where you can enjoy seeing the Fireworks from Manteo on the 4th of July and the Beautiful Sunsets each evening. 2nd Bedroom has Views of the Sound from its windows. 3rd Bedroom faces the street side towards Jockeys Ridge and has Decorative Shelving on 2 walls for displaying your treasures. Off the Hallway boasts 3 Closets with one being a Walk-In Closet with additional Shelving. There is also a Full Bath off the Hallway. This condo has been used as a primary home since 1993 and all efforts have been made to add Additional Storage and Shelving Spaces. Front Patio has a built-in Storage Cabinet and Rear Soundfront L-Shape Patio a Dock Box for storing all your patio supplies. If you are looking for a community for Primary Home Living, a 2nd Home or even as an Investment for Rentals, the Villas Condo Community is here for you. It offers 2 Community Pools, Clubhouse, Soundside Pier and Gazebo, Boat Ramp, Soundside Park with Picnic Tables, Several "Relaxing" Areas, Playground, Kayak/Canoe Storage, Boat Parking, Tennis Courts all within a Gated Community. Community is nestled between Jockeys Ridge and the Roanoke Sound where you can enjoy hiking on the Ridge or playing in the Waters of the Sound. Public Ocean Beach Access, Shopping and Restaurant are only a short drive away. See Associated Docs for Upgrades on the Unit.

Directions

W on Villa Dunes Dr. Follow to the end and into the Villas Condo community. Bldg P Unit 4 on the Right. Park in the Reserved P-4 parking space or any Guest spot.

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 500 P-4 W Villa Dunes Drive in Nags Head is provided courtesy of Village Realty Holdings, LLC - NH . 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 500 P-4 W Villa Dunes Drive 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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