Listing Details For 2900 S Memorial Avenue in Nags Head

Closing Price:
$1,049,000
2900 S Memorial Avenue, Nags Head, NC 27959
5 bd
5 ba
2628 sq ft
MLS #: 122105
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,036,000.00
Closing Date: 6/16/2023
Contract Date: 5/3/2023
Seller Concessions: Yes
Concession Comments: Seller paid $17,900 in closing costs for inspection/ repair items
Total Days on Market:
Cumulative Days on Market: 4

Listing Information

Area: Nags Head between hwys
Mls Status: Closed
Days On Market: 4
Cumulative Days On Market: 4
Listing Price: $1,049,000
Original Listing Price: $1,049,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 6/16/2023
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2628
Asking Price Per SqFt: $399.00
Heated Living Area Sq Ft: 2628
BedroomsTotal: 5
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2006
Garage: None
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Paved, Underground
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Electric, Heat Pump
Room Type: Game Room, Sun/Florida Room, Shipswatch
Flooring: Carpet, Ceramic Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

Section: 1
County: Dare
Subdivision: Nags Head Shores
Deed Book: 2133
Deed Book Page Number: 0449
County Pin Number: 989206482498
Price Change: 6/15/2023
Block: 11
Road Surface: Paved

Lot Details

Lot Size Acres: 0.17
Lot Size Square Feet: 7500
Lot Features: Corner Lot, Level
Waterfront: 3 - lots from oceanfront (4th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $2,644.00
Water Source: Municipal
Contract Status Change Date: 6/16/2023
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
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Fenced Yard,Hot Tub,Jet Tub,Landscaped,Outside Lighting,Outside Shower,Patio,Security System,Smoke Detector(s),Sun Deck,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: na
Primary Residence: No
HOA Contact Info: na

Rental Income

Annual Rental Income: 89385
Rental Performance: 0.0863
Owner Renatl Income 2023 Amount: 60378
Avertised Income 2023 Amount: 62938
Owner Renatl Income 2022 Amount: 49862
Avertised Income 2021 Amount: 51842
Owner Rental Income 2021 Amount: 52694
Avertised Income 2021 Amount: 54910

Listing Agent Remarks

This coastal house located in the popular town of Nags Head and very close to an exceptional beach access is a genuine treasure that radiates comfort and leisure. This beautiful home, measuring over 2600 square feet, has plenty of room for large gatherings, with five bedrooms and five and a half bathrooms meticulously designed to provide maximum privacy and comfort. The private pool is an added feature that provides a serene haven to unwind and soak up the rays. Inside, you'll notice the subtle blend of contemporary conveniences and coastal-inspired design that produces a charming ambiance. The top floor's open-concept living room, kitchen, and dining area make for the ideal meeting place for spending quality time with loved ones, and the large windows let in natural light to create a cozy and welcoming atmosphere. Enjoy a cup of tea on the front deck as the sun rises over the horizon, or relax on the enclosed west-facing porch. A half-flight up from the main living space, is a ship's watch that offers another vantage point to enjoy the breath-taking ocean views. The added convenience of a well-appointed powder room between levels, as you descend to the next level, adds to the ease and comfort of this excellent property. The second floor offers three comfortable en suite bedrooms and two covered balconies. The ground level features a recreation room, a laundry room, and two bedrooms, one with a private bathroom, another with a full bathroom, and access to the pool area to keep guests entertained. Outside, the fenced-in pool area offers more than just a pool; there is also a hot tub, a gas grill, a picnic table, an outdoor shower, and plenty of room for relaxation and sunbathing, making it desirable for outdoor entertainment. Look no further if you're looking for an excellent investment property! With no HOA fees and no detail overlooked in establishing this home as an exceptional rental property, it is an investor's dream. Whether you're looking for a luxurious vacation home or an investment opportunity, this fantastic property has it all. Additional features or updates for this property include a new roof in October 2021, a security system update in 2017, landscaping completed all around the property, the exterior recently painted in 2018, several new appliances and furniture, and many other improvements listed in associated documents named Updates/ Improvements from the sellers. Be sure to view the 3D virtual tour by clicking the link or cut/paste into your browser: https://my.matterport.com/show/?m=GyS5Au5dhq7&brand=0

Directions

From 158 Turn east onto E Blackman St and go down about 2 blocks until you reach S Memorial Ave. Take right and house will be to your immediate right on corner.

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 2900 S Memorial Avenue in Nags Head is provided courtesy of Landmark Sotheby's International Realty . 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 2900 S Memorial Avenue 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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