Closing Price:
$799,900
$799,900
4728 S Virginia Dare Trail,
Nags Head, NC 27959
8 bd
8 ba
3600 sq ft
MLS #: 84786
Status: Closed
Sold Details
Status: Closed
Sold Price: $643,125.00
Closing Date: 1/22/2015
Contract Date: 11/26/2014
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 167
Listing Information
Area: Nags Head between hwys
Mls Status: Closed
Days On Market: 167
Cumulative Days On Market: 167
Listing Price: $799,900
Original Listing Price: $799,900
Possession: Close Of Escrow
Short Sale: Yes
Price Date: 1/23/2015
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 3600
Asking Price Per SqFt: $222.00
Heated Living Area Sq Ft: 3600
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 1
Year Built: 2002
Garage: None
Architectural Style: Coastal, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Gunite, In Ground, Outdoor Pool
Builder Name: Coastal Construction
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Heat Pump
Room Type: Game Room, Home Theater
Flooring: Carpet, Tile
Construction Materials: Frame
Legal Description
County: Dare
Subdivision: Silver Sands
Deed Book: 1562
Deed Book Page Number: 0144
County Pin Number: 080109153094
Price Change: 1/22/2015
Road Surface: Paved, Public
Lot Details
Total Assessed Value: 782000
Lot Size Square Feet: 16500
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2013
Annual Property Taxes: $5,641.00
Home Oner Insurance Expense: 4094
Flood Zone: AE
Flood Insurance Expense: 2151
Water Source: Municipal
Yearly Water Expense: 804
Pool Or Spa Expense: 1500
Yearly Expense: Actual
Yearly Elecric Expense: 4028
Yearly Telephone Expense: 974
Yearly Cable Tv Expense: 1044
Contract Status Change Date: 1/23/2015
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
Exterior: Cement Fiber Board,Lap Siding
Extras: Ceiling Fan(s),Hot Tub,Outside Shower,Patio,Sun Deck,Tiki Bar
Primary Residence: No
Rental Income
Annual Rental Income: 87000
Rental Performance: 0.1353
Listing Agent Remarks
This property is to be placed in an upcoming auction. All bids should be submitted at www.homesearch.com (void where prohibited). All auction properties are subject to a 5% buyer's premium pursuant to the Event Agreement and Auction Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. Original owners purchased new for $1.3M this fabulous 8 BR Home with Gunite Pool, Hot Tub, covered outside bar adjacent to hot tub which is situated on a deck with endless starlight views! Located directly across from the beach access this one has it all! As a short sale this creates an excellent opportunity for the next owners to purchase at 40% below the original market pricing years ago! Huge Lot has lots of potential! House exterior painted in 2014! Rents support the pricing and with some added touches this home should generate even higher rents! Current Auction Bidding started 10.25.14 and ended 10.28.14. Minimums were not met. Next Auction begins 11.15.14. Go to Homesearch.com for details. Ends 11.18.14 Homesearch.com has determined that there is a winning bid on the property from the last auction. Paperwork is being processed as of 11.25.14 and status will be updated in the very near future with anticipated closing in late December or early January. As of 11.26.14 property is under contract with first DT. Paperwork being processed via Equator and Sharp, Michael and Graham. Anticipate closing in 45 days. Stated closing in MLS is estimated and may go into January depending on administrative processing through lenders and negotiators.
Directions
Just across from Enterprise St Beach Access in Nags Head! MP 14 Beach Road Nags Head!Official MLS Disclaimer
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