Listing Details For 7117 S Virginia Dare Trail in Nags Head

Closing Price:
$2,400,000
7117 S Virginia Dare Trail, Nags Head, NC 27959
8 bd
9 ba
4850 sq ft
MLS #: 116287
Status: Closed

Sold Details

Status: Closed
Sold Price: $2,325,000.00
Closing Date: 11/9/2021
Contract Date: 10/9/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 9
Due Diligence Date: 10/20/2021

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 9
Cumulative Days On Market: 9
Listing Price: $2,400,000
Original Listing Price: $2,400,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/9/2021
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: 4850
Asking Price Per SqFt: $495.00
Heated Living Area Sq Ft: 4850
BedroomsTotal: 8
Bathrooms Full: 9
Bathrooms Partial: 2
Year Built: 2010
Garage: Carport
Architectural Style: Reverse Floor Plan, Nags Head, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Wine Cooler, Wall Oven
Roof: Asphalt
Parking: Off Street
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Custom, Gunite, Heated Salt, In Ground, Private
Builder Name: SAGA
Counter Tops: Granite
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Heat Pump, Zoned
Room Type: Foyer, Game Room, Media Room
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame

Legal Description

Section: A
County: Dare
Subdivision: Whalebone Bchs
Deed Book: 1962
Deed Book Page Number: 512
County Pin Number: 080015741290
Price Change: 11/8/2021
Block: 8
Road Surface: Paved, Public

Lot Details

Land Tax Value: 752000
Total Assessed Value: 1601900
Lot Size Acres: 0.39
Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $11,021.00
Water Source: Municipal
Yearly Water Expense: 1032
Other Yearly Expense: 1838
Pool Or Spa Expense: 2961
Yearly Expense: Actual
Yearly Elecric Expense: 5919
Yearly Cable Tv Expense: 3078
Contract Status Change Date: 11/9/2021
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
Bank/Institution Owned: No
Listing Restrictions: 1031 Tax Deferred Exch.
Exterior: Cement Fiber Board,Lap Siding
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Covered Decks,Elevator,Gazebo,Hot Tub,Landscaped,Outside Shower,Dry Entry
HOA Contact Name: none
Primary Residence: No
HOA Contact Info: none

Rental Income

Annual Rental Income: 229910
Rental Performance: 0.0989
Owner Renatl Income 2022 Amount: 209450
Avertised Income 2021 Amount: 222950
Owner Rental Income 2021 Amount: 212910
Avertised Income 2021 Amount: 229910

Listing Agent Remarks

Your Summer Oasis awaits on the ocean in Nags Head! $229,410 in gross income for 2021 with 2022 ytd revenue over 245% ahead of last year as of 9/30! These numbers work and are steadily improving. Why????...stunning views, a superb layout and a private and lushly planted outdoor pool area make this one stand out! This exciting location is the best in Nags Head. Jennette’s Pier and Aquarium, the 10 acre Soundside Event Site, recreational sound access, ice cream and some of the best restaurants and shopping on the Outer Banks are all in easy walking distance from the home connected by sidewalks and crosswalks. Park your car and relax for the week or fly in...the Manteo airport is just 16 minutes away! All of the 8 bedrooms have en-suite baths, two wake up to ocean views with a private deck and two others have balconies with sound views! Covered porches on every level offer stunning views and natural protection from the elements. Wide overhangs add grace to the architecture and protect the structure. Each space is designed to be perfectly sized for enjoyment of the home. On the top level, the dining area is surrounded by windows, light and water views. This area flows into the stunning kitchen and living room with cathedral ceilings. The media room on the midlevel is comfy and spacious for movies, a game of cards and this flows seamlessly into the second kitchen and serving area. This is adjacent to the rec recreation room which has a pool table, foosball and an airy and open feel with ample natural light. The first level flows guests directly out to the heated saltwater pool surrounded by mature plantings. The elevator ties all the levels together and the covered portico makes the first and last impressions of this home 5 stars!

Directions

On NC 12 near Jennette's 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 7117 S Virginia Dare Trail in Nags Head is provided courtesy of Carolina Designs Realty C: 252-573-9503. 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 7117 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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