Closing Price:
$259,900
$259,900
10303E Loon Court,
Nags Head, NC 27959
2 bd
1 ba
795 sq ft
MLS #: 66110
Status: Closed
Sold Details
Status: Closed
Sold Price: $222,000.00
Closing Date: 3/18/2011
Contract Date: 2/24/2011
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 331
Listing Information
Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 331
Cumulative Days On Market: 331
Listing Price: $259,900
Original Listing Price: $339,000
Short Sale: No
Price Date: 3/22/2011
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: 795
Asking Price Per SqFt: $327.00
Heated Living Area Sq Ft: 795
BedroomsTotal: 2
Bathrooms Full: 1
Year Built: 1964
Architectural Style: Bungalow
Sub Type: Single Family Residence
Appliances: Microwave, Refrigerator, Range/Oven
Roof: Asphalt
Foundation: Piling
Pool: No
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Room Type: Game Room
Flooring: Carpet, Vinyl
Construction Materials: Frame, Wood Siding
Legal Description
County: Dare
Subdivision: Glenlea Beach
Subdivision Name: Glenlea Beach
Deed Book: 1736
Deed Book Page Number: 0295
County Pin Number: 071815723734
Price Change: 3/21/2011
Road Surface: Paved, Private
Lot Details
Lot Size Dimensions: 60x87
Lot Features: Beach Frontage
Water Frontage: 87
Waterfront: Ocean Front
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2010
Annual Property Taxes: $1,545.00
Home Oner Insurance Expense: 547
Flood Insurance Expense: 2047
Water Source: Municipal
Contract Status Change Date: 3/22/2011
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: Vinyl
HashTag of Units: 1
Extras: Beach Access,Sun Deck
Primary Residence: No
Street Frontage : 60
Rental Income
Annual Rental Income: 40560
Rental Performance: 0.1827
Listing Agent Remarks
YES, $40,560 actual rents for 2010, without adding 2 owners weeks. 23 2011 weeks already booked as of 1/19. For a $259,900 property, that's a 15% ratio. In 6 years thats $243,360 gross income. Plus, progress with beach renurishment and with push from The Town of NH to get it done. Home has withstood storms very well. Super income producer, with Oceanfront views & access in South Nags Head. Several updates including vinyl siding, windows, heat pump. Vacationers love this cozy cottage year after year. Large covered deck on 2 sides of the home to soak in the beach. Updated furnishings, Rec room on ground floor. Affordable opportunity to be on the Oceanfront with a positive cash flow property.
Directions
East on Loon Ct. near MP 21, last on rightOfficial MLS Disclaimer
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Program of the Outer Banks Association of REALTORS. This property located at 10303E Loon Court in Nags Head is provided
courtesy of BD&A - Kitty Hawk . Information is believed to be accurate but is not
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properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 10303E 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
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