Listing Details For 3515 S Memorial Avenue in Nags Head

Closing Price:
$1,140,000
3515 S Memorial Avenue, Nags Head, NC 27959
5 bd
5 ba
0 sq ft
MLS #: 127454
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,140,000.00
Closing Date: 12/16/2024
Contract Date: 11/14/2024
Seller Concessions: Yes
Concession Comments: Closing cost credit for home inspection findings
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: $1,140,000
Original Listing Price: $1,140,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 11/10/2024
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3104
Total Living Area Sq Ft: 3104
Asking Price Per SqFt: $367.00
BedroomsTotal: 5
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 2003
Garage: 1 Car,2 Car,Carport
Architectural Style: Coastal, Nags Head
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, Heated, In Ground, Private
Counter Tops: Granite,Solid Surface
Cooling: Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Heat Pump, Zoned
Room Type: Foyer, Game Room, Loft, Pantry, Shipswatch, Utility Room
Flooring: Carpet, Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Geo T Stronach
Deed Book: 1653
Deed Book Page Number: 326
County Pin Number: 989215644612
Price Change: 12/15/2024
Road Surface: Paved, Public
Association Amenities: Board Walk

Lot Details

Lot Size Acres: 0.23
Lot Size Dimensions: 50 x 200
Lot Size Square Feet: 10000
Lot Features: Level
Lot Faces: W
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2024
Annual Property Taxes: $5,015.00
Home Oner Insurance Expense: 5500
Flood Zone: X
Flood Insurance Expense: 1255
Water Source: Municipal
Yearly Water Expense: 600
Other Yearly Expense: 500
Pool Or Spa Expense: 2800
Yearly Elecric Expense: 3600
Yearly Cable Tv Expense: 3960
Contract Status Change Date: 12/16/2024
Estimated Annual Fee Amt: $150.00
Sewer: Septic Tank
Maintenance Expense: 2000
Association Fee Includes: Maintenance Grounds, Management
Other Expenses 2: 500
Association Fee Yes or No: Yes

Financials

Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Shakes,Wood
Extras: Ceiling Fan(s),Common Laundry Area,Covered Decks,Elevator,Fenced Yard,Hot Tub,Landscaped,Outside Lighting,Outside Shower,Smoke Detector(s),Dry Entry,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Caroline Decker/Village Realty
Primary Residence: No
Street Frontage : 50
HOA Contact Info: carolined@vrobx.com

Rental Income

Annual Rental Income: 87560
Rental Performance: 0.0768
Owner Rental Income 2024 Amount: 60746
Avertised Income 2024 Amount: 68171
Owner Renatl Income 2023 Amount: 54576
Avertised Income 2023 Amount: 61368
Owner Renatl Income 2022 Amount: 64525
Avertised Income 2021 Amount: 71055

Listing Agent Remarks

This oceanside coastal retreat is a beauty and perfectly placed into one primo lot with fantastic Ocean views. Situated in the ever-desirable Old Nags Head Place neighborhood and only 7 lots to the community beach access path leading to Curlew Beach Access. This home has a warmth rarely found in second homes by combining a beach feel with some classy clean styles that blend nicely into all the coastal elements you want in a beach home. High quality Wide plank wood grained LVP ties into the Pine T&G wainscoting creating a soothing blend of eye candy. Offering 5 bedrooms, 5 Full bathrooms (4 of which are Master En Suites) and one-half bath, Solid Wood Doors and an Elevator accessing all floors, this home's layout is designed for ultimate comfort and privacy. The ground floor features a dry entry into a spacious rec room, perfect for entertainment and relaxation with a full-size pool table and granite counter wet bar setup, complete with Two Tv’s and Fridge/Freezer combo. A well-appointed bedroom and full bathroom are on hand as well. The second floor has an open rafter covered front porch leading into a stylish primary entry Foyer. This level houses three en-suite bedrooms, each offering a serene retreat and deck access with built in curved bench seats and a hot tub overlooking the pool area. The third floor gets the wow rolling with vaulted ceilings, an expansive open living space, flooded with natural light and breathtaking ocean views. The large Kitchen offers bar seating and an abundance of space and storage including a pantry. A half bath and a sun-soaked elevated reading nook, just off the kitchen, invites you to unwind with a good book while a primary en-suite bedroom is situated on the top floor, providing breathtaking views and a tranquil escape. Deck space offers sea breeze and solid ocean views with interconnecting stairwells to each level below. The heated pool and landscaped yard space finishes off this gem of a home. 3515 S Memorial Avenue offers classic Nags Head style, with beautiful decks and colorful cedar shake siding, adding charm and character of this home from times past, while offering everything you want in a modern beach getaway. Situated between the highways and across from Jockeys Ridge, this peaceful retreat provides easy access to all that the Outer Banks has to offer. From State parks, beautiful beaches, quality surfing and kiting and world class fishing at nearby Outer banks Marinas... the Outer Banks offers its all. Only rented for 4 years in owners' nearly 20 years of ownership and in excellent condition. Major recent improvements include all flooring in 2019, All decks, stairs and fence in 2023, Hot Tub 2023, 3 master baths updated 2024, Appliances 2024. All that’s missing is you, your family and cousin Eddie in the RV hanging in the large driveway.

Directions

1) From north... US-158 to Bark Street, right on S Wrightsville Avenue around bend to right on S Memorial Avenue. Home will be on left. -or- 2) From north... NC-12 to Bainbridge Street (just north of NH Pier), left on S Memorial Avenue. Home will be on left. -or- 3) From south... US-158 or NC-12 to Hollowell Street, north on S Memorial Avenue... home on right.

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 3515 S Memorial Avenue in Nags Head is provided courtesy of Outer Banks Blue Realty Srvcs. . 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 3515 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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