Closing Price:
$529,000
$529,000
7100 S Virginia Dare Trail,
Nags Head, NC 27959
5 bd
4 ba
2372 sq ft
MLS #: 83658
Status: Closed
Sold Details
Status: Closed
Sold Price: $517,500.00
Closing Date: 5/25/2015
Contract Date: 4/13/2015
Seller Concessions: Yes
Total Days on Market:
Cumulative Days on Market: 377
Listing Information
Area: Nags Head between hwys
Mls Status: Closed
Days On Market: 376
Cumulative Days On Market: 377
Listing Price: $529,000
Original Listing Price: $599,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/28/2015
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 2372
Asking Price Per SqFt: $223.00
Heated Living Area Sq Ft: 2372
BedroomsTotal: 5
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 2000
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Central, Electric, Heat Pump
Room Type: Game Room, Shipswatch
Flooring: Carpet, Tile
Construction Materials: Frame, Wood Siding
Legal Description
County: Dare
Subdivision: Whalebone Bchs
Deed Book: 1338
Deed Book Page Number: 0052
County Pin Number: 080015647410
Price Change: 5/27/2015
Block: 7A
Road Surface: Paved, Public
Lot Details
Lot Size Dimensions: 50 X 225
Lot Size Square Feet: 11250
Lot Features: Level
Lot Faces: E
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2014
Annual Property Taxes: $3,645.00
Home Oner Insurance Expense: 2772
Flood Zone: AE
Flood Insurance Expense: 372
Water Source: Municipal
Yearly Water Expense: 740
Yearly Expense: Actual
Yearly Elecric Expense: 2625
Yearly Telephone Expense: 420
Yearly Cable Tv Expense: 1040
Contract Status Change Date: 5/28/2015
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: Named Prospects Exempt
Exterior: Vinyl
Extras: Ceiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck,Tiki Bar
Primary Residence: Yes
Street Frontage : 50
Rental Income
Annual Rental Income: 40687
Rental Performance: 0.0786
Listing Agent Remarks
Great location in Nags Head on the Beach road with direct beach access and excellent ocean views. This home is semi oceanfront. It has a great layout for guests and has all the amenities needed to get you great rental income - pool with tiki bar & fridge, hot tub, basketball hoop, fish cleaning table, plenty of deck space, storage space for guests on the ground level for all the gear (beach chairs, bikes, fishing rods, etc.) parking for eight & two dry entries. The layout is a reverse floor plan with the top level being a large open floor plan that leads to a large sun deck looking out to the ocean. There is a gas fireplace in the living room with built ins, a tower nook and a half bath off the main living area. There is one master bedroom (two more on mid level) on the top living level that has a sun deck off of it, large closet and the bath features a large garden tub. There is a den off the kitchen that leads to the screen porch. The middle level is where the other 4 bedrooms and the rec room are located. The rec room features a pool table, a wet bar with microwave and a refrigerator with an ice maker. There are 2 additional master bedrooms and then 2 additional bedrooms with a full bath in the hall. The washer and dryer are also on the mid level making laundry more convenient than on the ground level. The pool is a nice size and there is a tiki bar with a mini fridge for everyone to relax at & enjoy. Convenient storage areas on the ground floor off the car port areas. Both HVAC systems were replaced in 2013 and have full transferrable warranties through Trane. The 80 gallon water heater was replaced in 2014. This home is currently used as a weekly rental in the summer and then the owners live there from Sept - May. The rents can increase considerably if new owner elects to use as a true weekly rental home - working on a projection with Resort and will put in Associated Docs. Rentals for 2014 season (June-Sept) were $40,100 - open the home up and should gross over $50K. 2015 is almost fully booked. The guest love the location. There are many different shops, restaurants, Jennette's Pier, miniature golf and the new sound front park that the Town is working on now, all within walking distance!
Directions
Beach road - corner of Gull St & VA Dare Trl. Just north of Owens Restaurant. Driveway on Gull StOfficial MLS Disclaimer
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