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Closing Price:
$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:
Cumulative Days on Market: 80

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 79
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

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
Water Source: Municipal
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

Annual Rental Income: 188157
Rental Performance: 0.1158

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 Pier

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 3511 S Virginia Dare Trail in Nags Head is provided courtesy of Coldwell Banker Seaside Realty KH 252-599-6814. 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 3511 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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