Closing Price:
$1,350,000
5217 S Virginia Dare Trail, Nags Head, NC 27959
4 bd
4 ba
2716 sq ft
MLS #: 121682
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,355,000.00
Closing Date: 4/19/2023
Contract Date: 3/16/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 2
Due Diligence Date: 4/6/2023

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 2
Cumulative Days On Market: 2
Listing Price: $1,350,000
Original Listing Price: $1,350,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 4/20/2023
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2716
Asking Price Per SqFt: $497.00
Heated Living Area Sq Ft: 2716
BedroomsTotal: 4
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1991
Garage: Attached
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Townhouse
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Stackable Washer/Dryer, Washer, Wine Cooler
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Association, Outdoor Pool
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Electric, Heat Pump
Room Type: Foyer
Flooring: Carpet
Construction Materials: Frame

Legal Description

County: Dare
Subdivision: Vil-NH Sea Pointe
Subdivision Name: Village at Nags Head
Deed Book: 2564
Deed Book Page Number: 0561
County Pin Number: 08011422980002
Price Change: 4/19/2023
Road Surface: Paved
Association Amenities: Common Area, Ocean Access, Outdoor-Comm. Pool, Sound Access

Lot Details

Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $6,410.00
Home Oner Insurance Expense: 6854
Flood Insurance Expense: 986
Water Source: Municipal
Other Yearly Expense: 1700
Yearly Elecric Expense: 2000
Contract Status Change Date: 4/20/2023
Estimated Annual Fee Amt: $3,350.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Maintenance Grounds, Management, Pool, Tennis Courts, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Listing Restrictions: 1031 Tax Deferred Exch.
Exterior: Lap Siding
Extras: Beach Access,Boardwalk to Beach,Covered Decks,Outdoor Tennis,Smoke Detector(s),Sun Deck,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Caroline Decker
Primary Residence: No
HOA Contact Info: carolinedecker@vrobx.com

Rental Income

There is no rental income information available

Listing Agent Remarks

Absolutely fantastic oceanfront duplex in the sought after Village at Nags Head! Not only do you have direct ocean access, but access to the two sound front piers located on the Village's west side. This unit has been UPGRADED! Check out the list of improvements in associated docs to include: new flooring, carpet, heat pumps, hot water heater, roof, and the list goes on. This unit is fully turnkey and the rental numbers prove it! You'll love the spacious family room with an extra sitting area plus the large oceanfront deck to enjoy the waves. Reach inside the doorway on a hot day and grab something cold to drink from the beverage cooler just inside the slider! There is a bathroom for every bedroom (not all ensuite) so all guests have their privacy. Did I forget to mention the storm shutters? Sea Pointe has its own pool and tennis courts - so no need to join the Village Beach Club for an extra fee. This is a great opportunity for investors since you'll collect nearly all the seasons rents! Sellers are doing a 1031 exchange at no cost to the buyer.

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 5217 S Virginia Dare Trail in Nags Head is provided courtesy of Coastal Outer Banks Realty . 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 5217 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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