Listing Details For 5507 302N S Virginia Dare Trail in Nags Head

Closing Price:
$599,000
5507 302N S Virginia Dare Trail, Nags Head, NC 27959
3 bd
2 ba
1724 sq ft
MLS #: 110277
Status: Closed

Sold Details

Status: Closed
Sold Price: $575,000.00
Closing Date: 10/2/2020
Contract Date: 8/3/2020
Seller Concessions: Yes
Concession Comments: $1,400 towards repairs
Total Days on Market:
Cumulative Days on Market: 8
Due Diligence Date: 9/30/2020

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 8
Cumulative Days On Market: 8
Listing Price: $599,000
Original Listing Price: $599,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/6/2020
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1724
Asking Price Per SqFt: $347.00
Heated Living Area Sq Ft: 1724
BedroomsTotal: 3
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1989
Sub Type: Condominium
Appliances: Dishwasher, Microwave, Refrigerator, Range/Oven, Stackable Washer/Dryer
Parking: Parking Lot, Underground
Pool: Yes
Pool Type: Association
Pool Features: Association
Cooling: Central Air
Interior Features: Wet Bar
Heating: Central, Heat Pump
Room Type: Foyer
Flooring: Engineered Wood, Tile, Laminate
Construction Materials: Masonry, Metal Siding

Legal Description

County: Dare
Subdivision: Heron Cove
Deed Book: 1522
Deed Book Page Number: 0413
County Pin Number: 08011831474218
Price Change: 10/5/2020
Association Amenities: Ocean Access, Outdoor-Comm. Pool

Lot Details

Lot Features: Beach Frontage
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2019
Annual Property Taxes: $3,926.00
Flood Zone: VE
Other Insurance: 525
Other Expenses 3: 8653
Water Source: Municipal
Yearly Water Expense: 0
Other Yearly Expense: 384
Yearly Expense: Actual
Yearly Elecric Expense: 1097
Yearly Telephone Expense: 620
Yearly Cable Tv Expense: 672
Contract Status Change Date: 10/6/2020
Estimated Annual Fee Amt: $12,000.00
Sewer: Shared Septic
Association Fee Includes: Building Maintenance, Common Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Sewer/Septic, Water, Walkways
Other Expenses 2: 229
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Stucco
Extras: Beach Access,Covered Decks,Elevator,Storage Shed,Dry Entry
HOA Contact Name: Village Realty - 252-480-2224
Primary Residence: No
HOA Contact Info: Courtney Fowler

Rental Income

Annual Rental Income: 50000
Rental Performance: 0.087

Listing Agent Remarks

Most sought after 3 BR Oceanfront Condo location...TOP FLOOR, Elevator AND a Master Suite with Ocean Views that go on and on. From the time that you enter thru the front door into the foyer with the curved tongue and grove walls and walk down the hall to the spacious open living area you will be impressed with the layout of this unit. Enjoy Ocean Views from the Living, Dining and Kitchen Area. Even the chef won't feel left out. Living area is complete with a TV entertainment center, game table and wet bar. You or your guest will enjoy watching the sunrise from the OF deck off of the Large Master Oceanfront Suite. Unit comes with a ground floor private storage to store all those fishing and beach toys along with covered parking and elevator. Major renovations to the pool (new liner and trex decking on all the walkways and pool deck) and exterior structural renovations were completed in 2020 by the HOA. North Building's Roof was replace in 2012. Seller has added a new HVAC system, sofa, dining room table/chairs and bar stools in 2020. Hot Water Heater 2010. New Hot Water Tank installed under Kitchen Sink.

Directions

MP 15 Oceanfront...North of The Village at Nags Beach Club

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 5507 302N S Virginia Dare Trail in Nags Head is provided courtesy of Village Realty Holdings, LLC - NH . 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 5507 302N 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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