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Closing Price:
$649,000
3623 S Virginia Dare Trail, Nags Head, NC 27959
3 bd
2 ba
1701 sq ft
MLS #: 76482
Status: Closed

Sold Details

Status: Closed
Sold Price: $605,000.00
Closing Date: 4/8/2013
Contract Date: 2/3/2013
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 188

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 187
Cumulative Days On Market: 188
Listing Price: $649,000
Original Listing Price: $649,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/1/2013
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1701
Asking Price Per SqFt: $382.00
Heated Living Area Sq Ft: 1701
BedroomsTotal: 3
Bathrooms Full: 2
Year Built: 1948
Garage: 1 Car,Attached
Architectural Style: Nags Head
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street
Foundation: Piling
Cooling: Central Air, Heat Pump
Heating: Central, Forced Air, Heat Pump
Flooring: Carpet, Vinyl
Construction Materials: Wood Siding

Legal Description

County: Dare
Subdivision: Geo T Stronach
Deed Book: 1856
Deed Book Page Number: 208
County Pin Number: 989216735617
Price Change: 4/30/2013
Road Surface: Public

Lot Details

Total Assessed Value: 1138100
Lot Size Dimensions: 51x399
Lot Size Square Feet: 19723
Lot Features: Beach Frontage, Level, Waterfront
Lot Faces: E
Water Frontage: 50
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2012
Annual Property Taxes: $7,077.00
Home Oner Insurance Expense: 3140
Flood Zone: VE
Flood Insurance Expense: 2104
Water Source: Municipal
Other Yearly Expense: 1029600
Contract Status Change Date: 5/1/2013
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: Wood
HashTag of Units: 1
Extras: Ceiling Fan(s),Covered Decks,Gazebo,Sun Deck
Primary Residence: No
Street Frontage : 52

Rental Income

Annual Rental Income: 37925
Rental Performance: 0.0627

Listing Agent Remarks

Classic Nags Head oceanfront cottage with a great dune and wide beach. Built by the current owners' father in 1948, this has been in the Phelps family for 64 years. Its been well cared for. Its the perfect size beach getaway. Lots of deck space for outdoor entertaining and sun bathing. The lot has plenty of room for a pool. Open floorplan home that was remodeled in 1987. New roof in 2010, new dune top gazebo in 2009, new heat pump in 2011. Total tax assessment is $1.13M. Convenient location to restaurants, shopping, and entertainment. Walk to Jockey's Ridge. Rentals would hit $40k if owner didn't use in summer. The lot is large enough to build a 7 bedroom home, if in the future you raze this home.

Directions

MP 11 on the beach road, south of Hollowell St

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 3623 S Virginia Dare Trail in Nags Head is provided courtesy of BD&A - Kitty Hawk . 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 3623 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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