Closing Price:
$779,900
10247 G E Loon Court, Nags Head, NC 27959
4 bd
2 ba
1523 sq ft
MLS #: 123820
Status: Closed

Sold Details

Status: Closed
Sold Price: $753,900.00
Closing Date: 3/27/2024
Contract Date: 1/27/2024
Seller Concessions: Yes
Concession Comments: Seller paid $15,000.- in closing cost help & $4,100.- for home inspection items.
Total Days on Market:
Cumulative Days on Market: 87
Due Diligence Date: 3/17/2024

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 87
Cumulative Days On Market: 87
Listing Price: $779,900
Original Listing Price: $779,900
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 3/27/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1523
Asking Price Per SqFt: $512.00
Heated Living Area Sq Ft: 1523
BedroomsTotal: 4
Bathrooms Full: 2
Year Built: 1982
Architectural Style: Saltbox
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Underground
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump, Zoned
Flooring: Carpet, Vinyl
Construction Materials: Frame

Legal Description

County: Dare
Subdivision: Glenlea Beach
Subdivision Name: Glenlea Beach
Deed Book: 2391
Deed Book Page Number: 0753
County Pin Number: 071815723836
Price Change: 3/26/2024
Road Surface: Private

Lot Details

Lot Size Acres: 0.12
Lot Size Dimensions: 60X87.2X60X87.2
Lot Size Square Feet: 5232
Lot Faces: E
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2023
Annual Property Taxes: $3,238.00
Flood Zone: VE
Flood Insurance Expense: 2413
Wind Insurance: 2800
Other Insurance: 504
Water Source: Municipal
Yearly Water Expense: 221
Yearly Expense: Actual
Yearly Elecric Expense: 2279
Yearly Cable Tv Expense: 3028
Contract Status Change Date: 3/27/2024
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Listing Restrictions: 1031 Tax Deferred Exch.
Exterior: Vinyl
Extras: Ceiling Fan(s),Outside Shower,Smoke Detector(s),Storage Shed
Fuel Tanks: None
HOA Contact Name: N/A
Primary Residence: No
HOA Contact Info: None

Rental Income

There is no rental income information available

Listing Agent Remarks

Torchsong is undergoing more fabulous improvements. A great kitchen makeover: new stainless-steel appliances will be installed shortly: Refrigerator and Stove/Oven, new LVT flooring, new Andersen window, the kitchen cabinets and walls will be painted professionally and, touch ups and repairs to the rest of the interior. *** The Sand Dunes located at the rear of the property has been relocated to the oceanside and is looking fabulous! The Town of Nags Head, CAMA and contractor approved. What a Star, Torchsong Generated $87,580. in Gross Rental Income in 2023. And over $76K/GRI on the books for 2024 as of 1/22/24. This oceanfront Salt Box has consistently produced over 10% in gross rental income the past two years and generated OVER 11% in 2023! What a fantastic return and the online reviews show how the guests appreciate the well-stocked kitchen and many comfortable seating for their guests. Torchsong is well named and a winner! Where do I start? The gorgeous views of the Atlantic Ocean, the beautiful beaches, the wide two-sided decks with generous seating, the awesome great room’s open layout and abundant natural light, the cozy seating for gatherings around the electric fireplace for a chat. Like the mermaid's song, Torchsong will charm you with it's easy going and warm atmosphere enhanced by the aged juniper ceilings, you will find generous size bedrooms and so many improvements made throughout these past four years. The lower level was refurbished with a new vapor barrier, new plywood flooring and underpinning and offers ample room to store the beach toys and house the washer/dryer, air handler, water heater and owner’s locked storage and, the convenience of an outdoor shower to wash off the sand. Torchsong has been outfitted with new furnishings and dining set, bedding and comforters, blinds, new flooring, kitchenware (the works!), art work, adorable and sturdy bunk beds. The list is long and available. The large ticket items are: roof replaced in ’19, stronger siding material installed on entire east wall, new decks w built in bench, stairs & landing ’20, two new bulk heads ’21-‘22, two new heat pump systems ’22, refurbished subflooring and new luxury vinyl flooring on main level, all new Polywood chairs, tables, and picnic table. All this in the fabulous location of South Nags Head, the home of the historic Whalebone Junction, Sam & Omie's Restaurant, Jennette's Pier, and the Outer Banks Fishing Pier. With several miles of gorgeous beaches and sidewalks, this could be your paradise. Are you ready?

Directions

S. Old Oregon Inlet Road, pass the second Seagull Drive to Loon Court. Last home on left.

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 10247 G E Loon Court in Nags Head is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-489-9417. 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 10247 G 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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