Closing Price:
$760,000
$760,000
5022 S Virginia Dare Trail,
Nags Head, NC 27959
8 bd
8 ba
4008 sq ft
MLS #: 99110
Status: Closed
Sold Details
Status: Closed
Sold Price: $727,600.00
Closing Date: 7/27/2018
Off Market Date: 2/5/2018
Contract Date: 6/12/2018
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 1463
Listing Information
Area: Nags Head between hwys
Mls Status: Closed
Days On Market: 130
Cumulative Days On Market: 1463
Listing Price: $760,000
Original Listing Price: $788,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 7/27/2018
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 4008
Asking Price Per SqFt: $190.00
Heated Living Area Sq Ft: 4008
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 2
Year Built: 2000
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Disposal, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Wood
Parking: Off Street
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated, In Ground, Private
Counter Tops: Laminate
Cooling: Central Air
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Heat Pump
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding
Legal Description
County: Dare
Subdivision: Vil-NH Elliott Estates
Deed Book: 2120
Deed Book Page Number: 888
County Pin Number: 080113233180
Price Change: 7/26/2018
Road Surface: Public
Association Amenities: Boat Ramp, Clubhouse, Common Area, Golf Course, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Sound Access
Lot Details
Lot Size Acres: 0.21
Lot Size Dimensions: 60 x 150
Lot Size Square Feet: 9000
Lot Features: Level
Lot Faces: E
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2017
Annual Property Taxes: $5,839.00
Flood Zone: AE
Water Source: Municipal
Contract Status Change Date: 7/27/2018
Estimated Annual Fee Amt: $450.00
Sewer: Shared Septic
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Hot Tub,Jet Tub,Landscaped,Outside Shower,Smoke Detector(s),Sun Deck,Whirlpool/Spa
Primary Residence: No
Street Frontage : 60
Rental Income
Annual Rental Income: 117000
Rental Performance: 0.1608
Listing Agent Remarks
Quality Constructed 8 Master Bedroom Semi-Oceanfront Home is in the Village at Nags Head, making it easy to enjoy the pristine beach and all the amenities the Village has to offer. These include: a beautiful golf course, sound front piers and park, an optional beach club with oceanside tennis courts, an ocean front olympic size pool, lifeguards, cafe, bar, snack bar and a bath house. Inside the home on the ground level are 2 master bedrooms, a game room with pool table, wet bar and sauna. Outside is a 29'X13' heated pool, hot tub, bathroom with toilet, and double outside shower. The second floor has 4 master bedrooms and laundry room, and decks on three sides. The top floor has 2 master suites with decks, an open kitchen/dining room/great room, a half bath and sun decks. Consistantly strong income producer at 10.8%. With some interior upgrades the house will generate over $117k--thats a 14.8% potential rental return. Newly replaced pool filter tank& hot tub pump 2016, both HVAC units in 2015. Replaced refrigerator, microwave, and dryer too. Public beach access is 1/10th mile walk. Within a few miles is Jockeys Ridge, Jeanette's Pier or either of the Villages Sound front parks.
Directions
(none)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 5022 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 5022 S Virginia Dare Trail in Nags Head is no longer available for sale.
For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)