Listing Details For 5016 S Virginia Dare Trail in Nags Head

Closing Price:
$1,595,000
5016 S Virginia Dare Trail, Nags Head, NC 27959
8 bd
9 ba
4600 sq ft
MLS #: 114486
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,525,000.00
Closing Date: 11/3/2021
Off Market Date: 8/19/2021
Contract Date: 9/8/2021
Seller Concessions: Yes
Concession Comments: 25,000 seller paid closing cost assistance and 15,000 for repairs.
Total Days on Market:
Cumulative Days on Market: 63
Due Diligence Date: 10/10/2021

Listing Information

Area: Nags Head between hwys
Mls Status: Closed
Days On Market: 63
Cumulative Days On Market: 63
Listing Price: $1,595,000
Original Listing Price: $1,595,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/8/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 4600
Asking Price Per SqFt: $347.00
Heated Living Area Sq Ft: 4600
BedroomsTotal: 8
Bathrooms Full: 9
Bathrooms Partial: 1
Year Built: 2006
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Wood
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Concrete, Custom, Heated, Indoor, In Ground, Outdoor Pool, Private
Counter Tops: Other
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump, Zoned
Room Type: Game Room, Home Theater
Flooring: Ceramic Tile, Hardwood, Vinyl Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Vil-NH Elliott Estates
Deed Book: 2343
Deed Book Page Number: 0428
County Pin Number: 080113233222
Price Change: 11/7/2021
Road Surface: Paved, Public
Association Amenities: Ocean Access, Sound Access

Lot Details

Lot Size Acres: 0.24
Lot Size Square Feet: 10500
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $7,750.00
Home Oner Insurance Expense: 6520
Flood Zone: X
Water Source: Municipal
Yearly Water Expense: 900
Pool Or Spa Expense: 5008
Yearly Elecric Expense: 6869
Yearly Cable Tv Expense: 2400
Contract Status Change Date: 11/8/2021
Estimated Annual Fee Amt: $550.00
Sewer: Public Sewer
Association Fee Includes: Common Insurance, Maintenance Grounds, Management
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Leased
Bank/Institution Owned: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Shower,Sun Deck
Fuel Tanks: Leased
HOA Contact Name: Mike Reed
Primary Residence: No
HOA Contact Info: 757-724-1984

Rental Income

There is no rental income information available

Listing Agent Remarks

Updated Nags Head Semi Oceanfront Rental Machine! $193,000 booked YTD for 2021. Ocean Views. Large 5,000 square foot 8 bedroom home. Private outdoor/indoor heated pool. Recent upgrades include New interior and exterior paint, New LVT flooring, New Decks, New bedding and mattresses, New electronics and 2 New AC units. This 8 bedroom and 9.5 bath property is located in the Villages at Nags Head. Wonderful amenities such as a Theater Room, Rec Room w/Pool Table, Video Arcade Games & Hot Tub. Unique Indoor & Outdoor Swimming Pool combo! Ground Level has Rec Room, Theater Room, 2 Master Suites w/2 Duo Bunks, Access to Private Indoor/Outdoor Swimming Pool Area w/Full Bath, Tiki Bar, & Enclosed Outside Shower. Mid Level: 4 Bedrooms (4 Master Suites), Den, 2 Front Covered Decks, & Back Covered Deck. Top Level: Lavish Living/Dining/Kitchen Area, TV Entertainment System, (2 Master Suites, Front Sun Deck w/Ocean Views, & Back Sun Deck. This property is in a fabulous location and is convenient to area attractions, dining, shopping, & the Beach (approx. 250 Yards to Beach Access). 11%++ GRI/PP! This is a must see property!

Directions

Beach road between Mall Drive and Epstein

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 5016 S Virginia Dare Trail in Nags Head is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-202-6920. 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 5016 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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