Closing Price:
$1,890,530
3915 S Virginia Dare Trail, Nags Head, NC 27959
7 bd
6 ba
3139 sq ft
MLS #: 125032
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,860,000.00
Closing Date: 7/15/2024
Contract Date: 6/1/2024
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 484
Due Diligence Date: 7/6/2024

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 484
Cumulative Days On Market: 484
Listing Price: $1,890,530
Original Listing Price: $1,999,999
Possession: Close Of Escrow
Short Sale: Yes
Price Date: 7/15/2024
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: 3139
Total Living Area Sq Ft: 3139
Asking Price Per SqFt: $602.00
Heated Living Area Sq Ft: 3139
BedroomsTotal: 7
Bathrooms Full: 6
Year Built: 1979
Architectural Style: Nags Head, Coastal
Sub Type: Single Family Residence
Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Heat Pump
Interior Features: Wet Bar
Heating: Heat Pump
Room Type: Breakfast Nook, Library
Flooring: Wood, Laminate
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: None
Deed Book: 2652
Deed Book Page Number: 0466
County Pin Number: 989220816399
Price Change: 7/14/2024
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.46
Lot Size Dimensions: 50 x 147
Lot Size Square Feet: 19823
Lot Features: Beach Frontage, Easement(s), Waterfront
Lot Faces: E
Water Frontage: 50
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $9,577.00
Home Oner Insurance Expense: 3233
Flood Zone: VE
Flood Insurance Expense: 2467
Other Insurance: 408
Water Source: Municipal
Yearly Water Expense: 841
Yearly Expense: Estimated
Yearly Elecric Expense: 2733
Contract Status Change Date: 7/15/2024
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Outside Lighting,Outside Shower,Sun Deck
Fuel Tanks: Leased
HOA Contact Name: None
Primary Residence: No
Street Frontage : 50
HOA Contact Info: None

Rental Income

Annual Rental Income: 185465
Rental Performance: 0.0997
Owner Rental Income 2024 Amount: 102000
Avertised Income 2024 Amount: 107000
Owner Renatl Income 2023 Amount: 150047
Avertised Income 2023 Amount: 160955
Owner Renatl Income 2022 Amount: 124281
Avertised Income 2021 Amount: 134161
Owner Rental Income 2021 Amount: 108045
Avertised Income 2021 Amount: 117916

Listing Agent Remarks

OVER $160,000 in GROSS RENTS IN 2023! This indeed is a very rare opportunity for you to own in the unpainted aristocracy of Cottage Row in Nags Head. Listed on the National Register of Historic Places in the Old Nags Head District, this 7-bedroom, 6 full-bath home has been thoughtfully and intentionally upgraded without sacrificing any of its original charms. The traditional Nags Head Cottage design with wrap-around porches and abundant windows affords dazzling ocean views to the east and breathtaking sunsets over Jockey's Ridge to the west. Enjoy traditional style living on the open-concept main level with incredible views of the Atlantic and a nostalgic fireplace that beckons cozy, family gatherings. On the top level, you'll find four spacious bedrooms, two with en-suite baths and access to open decks for private sun tanning or ocean gazing, and two with a shared bath and incredible views of Jockey's Ridge. In 2019, three additional bedrooms and a den completed on the lower level with wet bar were added to this home. Outdoors you'll discover easy access to the beach, more seating areas and an outdoor shower. This property offers so much with its modern amenities while retaining its original Nags Head design. It's definitely a must-see!

Directions

Turn E off Virginia Dare Trail just before Sooey's BBQs if you're heading south. Home is set off the road with long driveway between roadside homes.

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 3915 S Virginia Dare Trail in Nags Head is provided courtesy of Keller Williams - Outer Banks C: 252-202-3357. 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 3915 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.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)