Closing Price:
$3,225,000
$3,225,000
3509 S Virginia Dare Trail,
Nags Head, NC 27959
10 bd
8 ba
4721 sq ft
MLS #: 125846
Status: Closed
Sold Details
Status: Closed
Sold Price: $2,985,000.00
Closing Date: 11/14/2024
Contract Date: 10/16/2024
Seller Concessions: Yes
Concession Comments: Seller paid Buyer $11,000 at closing to keep one Summer 2025 owner week.
Total Days on Market:
Cumulative Days on Market: 190
Due Diligence Date: 10/30/2024
Listing Information
Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 190
Cumulative Days On Market: 190
Listing Price: $3,225,000
Original Listing Price: $3,275,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/15/2024
Furnishing Available: Y
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 4721
Total Living Area Sq Ft: 4721
Asking Price Per SqFt: $683.00
Heated Living Area Sq Ft: 4721
BedroomsTotal: 10
Bathrooms Full: 8
Bathrooms Partial: 1
Year Built: 2004
Garage: None
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated, In Ground, Outdoor Pool, Private
Counter Tops: Solid Surface
Cooling: Central Air, Zoned
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Electric, Heat Pump, Zoned
Room Type: Foyer, Game Room, Office, Shipswatch
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding
Legal Description
County: Dare
Subdivision: 2352
Deed Book: 2462
Deed Book Page Number: 108
County Pin Number: 989211658041
Price Change: 11/14/2024
Road Surface: Paved, Public
Lot Details
Lot Size Acres: 0.34
Lot Size Square Feet: 15000
Lot Features: Beach Frontage, Level, Waterfront
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2023
Annual Property Taxes: $14,562.00
Flood Zone: AO,VE
Water Source: Municipal
Contract Status Change Date: 11/15/2024
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
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Handicap Friendly,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck
Fuel Tanks: Leased
HOA Contact Name: XX
Primary Residence: No
HOA Contact Info: XX
Rental Income
Annual Rental Income: 365141
Rental Performance: 0.1223
Owner Renatl Income 2023 Amount: 298436
Avertised Income 2023 Amount: 335411
Listing Agent Remarks
JUST RENOVATED! Featuring new LVP flooring, furniture and lighting on the top level, an updated kitchen, and new polywood exterior furnishings, this dreamy 10 bedroom Nags Head Oceanfront property is a rare and incredible investment opportunity in the heart of Nags Head w/ over 10% GRR in 2023! Owners blocked a lot of weeks in 2024...ask your agent for the full rental projection for '24! Almost every room in this home features a stunning Ocean View, and the top level primary suite has its own private balcony with views of Jockey Ridge State Park. You cannot ask for a better location in Nags Head! The reverse floor plan allows you to soak in the Ocean Views while socializing between the spacious open plan kitchen, dining, and living room area. The top level primary suite is a great escape offering a jetted tub and private balcony overlooking Jockey's Ridge State Park with incredible sunsets. There is plenty of room to spread out and entertain as the property also offers a ship's watch with card table off the living area, along with a mid level Den and Ocean View Game Room. Yes, you read that correctly! A mid level Ocean View Game Room ... not on the ground level, so you can play AND enjoy the stunning water views at the same time! A handicap friendly elevator also makes for quick and easy access to each level. Outside the entertainment options continue with a 12x30 private and heated fiberglass pool, 'kiddie' pool, 8 person hot tub, grill, and private beach walkway with a large sun deck to enjoy the views from sunrise to sunset! This property is ideally located around MP 11.5 and close to several Outer Banks classics including Tortuga's Lie, Bonnett Street beach access, Dowdy Park, Lucky 12 Tavern, the Nags Head Pier, Surfin' Spoon, and Jockey's Ridge! Not to mention, over $335,000 in Gross Rental Income for 2023, a NEWER Roof ('17), and a NEW Dune Deck ('23), 2 NEW Heat Pumps and Air Handlers ('23), a Renovated Kitchen ('23-'24), and New LVP flooring, furniture and lighting on the top level ('24)! The 'Salt Palace' is turn key and ready to be your new OBX income producing property in 2024!
Directions
South of Nags Head Pier.Official MLS Disclaimer
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Program of the Outer Banks Association of REALTORS. This property located at 3509 S Virginia Dare Trail in Nags Head is provided
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