Closing Price: 
$1,695,000
 $1,695,000
3511 S Virginia Dare Trail,
						Nags Head, NC 27959
10 bd
 8 ba
4755 sq ft
MLS #: 82138
 Status: Closed
SOLD Details
Status: Closed
 Sold Price: $1,625,000.00
 Closing Date: 4/23/2014
  Contract Date: 3/28/2014
 Seller Concessions: Yes
  Total Days on Market: 80
  Listing Information
Area: Nags Head Oceanside
 Mls Status: Closed
 Days On Market: 80
 Cumulative Days On Market: 80
 Listing Price: $1,695,000
 Original Listing Price: $1,695,000
 Possession: Close Of Escrow
 Short Sale: No
 Price Date: 4/23/2014
 Furnishing Available: Yes
   Ownership: Owned More than 12 Months
  Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 4755
   Asking Price Per SqFt: $356.00
 Heated Living Area Sq Ft: 4755
  BedroomsTotal: 10
 Bathrooms Full: 8
 Bathrooms Partial: 1
 Year Built: 2003
 Garage: None
  Architectural Style: Reverse Floor Plan
  Sub Type: Single Family Residence
 Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer, Washer
 Roof: Asphalt
 Parking: Off Street, Paved
 Foundation: Piling
 Pool: Yes
  Pool Features: Fiberglass, Heated, In Ground, Outdoor Pool
  Sun Deck Size: Ocean View
    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, Hardwood, Wood
 Construction Materials: Frame, Wood Siding
 Legal Description
County: Dare
  Subdivision: Geo T Stronach
  Deed Book: 1873
 Deed Book Page Number: 71
 County Pin Number: 989215648967
  Price Change: 4/22/2014
   Road Surface: Paved, Public
 Lot Details
Land Tax Value: $NaN
 Total Assessed Value: $NaN
    Lot Size Square Feet: 14500
 Lot Features: Beach Frontage, Level, Waterfront
   Waterfront: Ocean Front
 View: Ocean, Park/Greenbelt
  Property Type: Residential
Property Expenses & Utilities
Tax Year: 2013
 Annual Property Taxes: $8,312.00
 Insurance Expenses: $NaN
 Home Owner Insurance Expense: $NaN
  Flood Insurance Expense: $NaN
    Water Source: Municipal
 Yearly Water Expense: $NaN
          Contract Status Change Date: 4/23/2014
 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
   Seller to Sever Oil/Gas: No
 Bank/Institution Owned: No
 Oil/Gas Severed Pre Owner: No Representation
 Oil/Gas Severed By Seller: No
 Listing Restrictions: 1031 Tax Deferred Exch.
 Exterior: Vinyl
  Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck
 Covered Deck Size: Ocean View
    Primary Residence: No
    Rental Income
Estimated Annual Rental Income: $188,157.00
 Rental Performance: 0.1158
   Gross Income YTD Amt: $NaN
  Owner Rental Income 2026 Amount: $NaN
 Avertised Income 2026 Amount: $NaN
 Owner Rental Income 2025 Amount: $NaN
 Avertised Income 2025 Amount: $NaN
 Owner Rental Income 2024 Amount: $NaN
 Avertised Income 2024 Amount: $NaN
 Owner Rental Income 2023 Amount: $NaN
 Avertised Income 2023 Amount: $NaN
 Owner Rental Income 2022 Amount: $NaN
 Avertised Income 2021 Amount: $NaN
 Owner Rental Income 2021 Amount: $NaN
 Avertised Income 2021 Amount: $NaN
          Listing Agent Remarks
RENOVATED...AN INVESTOR'S DREAM...INCREDIBLE OPPORTUNITY TO OWN A 10 BEDROOM OCEANFRONT IN THE HEART OF NAGS HEAD PRODUCING A 11%+ GROSS RENTAL RATIO...ON TRACK TO DO $190,000 FOR 2014! Almost every room in this luxurious home features a stunning Ocean View and the whole house just had a 'FACELIFT' with stunning NEW UPGRADES...you have to come see for yourself! 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 with NEW STAINLESS appliances (2 refrigerators, 2 dishwashers, range/oven and microwave) and NEW BAMBOO FLOORING!  Other recent upgrades include: some NEW furniture and bedspreads, NEW outdoor decking furniture, NEW Carpet throughout, and NEW Top Floor AIR HANDLER & HEAT PUMP!  The top level master suite is a great escape offering a jetted tub and private balcony overlooking Jockey's Ridge State Park. There is plenty of room to spread out as the property also offers a ships watch off the living area, and a den and game room on the 2nd level. A handicap friendly elevator also makes for quick and easy access to each level. Outside the entertainment options continue to multiply with a 12x30 private, heated fiberglass pool, kiddie pool, 8 person hot tub, grill, and private beach walkway!   *PROJECTED POSITIVE CASH FLOW OF ALMOST $9500/MONTH...CONTACT AGENT FOR DETAILS!*
Directions
Just South of Nags Head PierOfficial MLS Disclaimer
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