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Closing Price:
$750,000
3625 S Virginia Dare Trail, Nags Head, NC 27959
3 bd
2 ba
2200 sq ft
MLS #: 79912
Status: Closed

Sold Details

Status: Closed
Sold Price: $700,000.00
Closing Date: 11/21/2013
Contract Date: 10/25/2013
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 507

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 504
Cumulative Days On Market: 507
Listing Price: $750,000
Original Listing Price: $750,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/22/2013
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2200
Asking Price Per SqFt: $341.00
Heated Living Area Sq Ft: 2200
BedroomsTotal: 3
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1969
Garage: Attached
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling
Counter Tops: Laminate
Cooling: Heat Pump
Interior Features: Beamed Ceilings
Heating: Heat Pump
Flooring: Carpet, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

Phase: `
County: Dare
Subdivision: Geo T Stronach
Deed Book: 1858
Deed Book Page Number: 209
County Pin Number: 989216735642
Price Change: 11/21/2013

Lot Details

Lot Size Dimensions: 75x391
Lot Size Square Feet: 29285
Lot Features: Beach Frontage, Level
Lot Faces: E
Water Frontage: 75
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2012
Annual Property Taxes: $7,800.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 11/22/2013
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: Vinyl
Extras: Beach Access,Boardwalk to Beach,Gazebo,Sun Deck
Primary Residence: No
Street Frontage : 75

Rental Income

Annual Rental Income: 0
Rental Performance: 0

Listing Agent Remarks

This cottage is nestled on a huge 75' oceanfront lot in historic Nags Head. The homes nearby are some of the oldest on the Outer Banks. Wide beach with a vegetated dune. Open floor plan home is perfect for the investor looking to use a home for a few years while planning the construction of a new home. Highest and best use is an 8 bedroom home with a pool and elevator--according to property managers income should be $200k/year. According to my investment analysis, there should be 11% GRI. Current home has a GIANT oceanfront deck and gazebo. Panaramix views of the Atlantic ocean and Jockeys Ridge. This is a second home that hasn't been rented. Bathrooms have both been renovated, and one bedroom has been renovated. Newer siding and hvac. Parcel consist of Lot 39, 144, 1/2 of lot 38 & 143. Lawn mower does not convey.

Directions

Just south of Hollowell in NH

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 3625 S Virginia Dare Trail in Nags Head is provided courtesy of Resort Realty - KH . 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 3625 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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