Listing Details For 2227 S Virginia Dare Trail in Nags Head

Closing Price:
$419,000
2227 S Virginia Dare Trail, Nags Head, NC 27959
2 bd
2 ba
1450 sq ft
MLS #: 117149
Status: Closed

Sold Details

Status: Closed
Sold Price: $419,000.00
Closing Date: 5/17/2022
Contract Date: 3/30/2022
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 90
Due Diligence Date: 5/9/2022

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 90
Cumulative Days On Market: 90
Listing Price: $419,000
Original Listing Price: $439,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/17/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1450
Asking Price Per SqFt: $289.00
Heated Living Area Sq Ft: 1450
BedroomsTotal: 2
Bathrooms Full: 2
Year Built: 1986
Garage: 1 Car,Attached
Garage Sq Ft: 300
Sub Type: Condominium
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven
Roof: Asphalt
Parking: Parking Lot
Foundation: Masonry
Pool: Yes
Pool Type: Association
Pool Features: Association, Gunite, Outdoor Pool
Counter Tops: Corian,Solid Surface
Cooling: Central Air, Heat Pump
Interior Features: Wet Bar
Heating: Central, Electric, Heat Pump
Flooring: Carpet, Ceramic Tile, Marble
Construction Materials: Block

Legal Description

County: Dare
Subdivision: Ocean North Condos
Deed Book: 1932
Deed Book Page Number: 0347
County Pin Number: 98931422956101
Price Change: 5/17/2022
Road Surface: Paved, Public
Association Amenities: Board Walk, Ocean Access, Outdoor-Comm. Pool

Lot Details

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

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $2,936.00
Home Oner Insurance Expense: 638
Flood Zone: X
Water Source: Municipal
Other Yearly Expense: 346
Yearly Expense: Actual
Yearly Elecric Expense: 1120
Contract Status Change Date: 5/18/2022
Estimated Annual Fee Amt: $18,000.00
Sewer: Shared Septic
Association Fee Includes: Building Maintenance, Cable TV, Electricity, Common Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Sewer/Septic, Water, Walkways
Association Fee Yes or No: Yes

Financials

Bank/Institution Owned: No
Exterior: Stucco,Wood
Extras: Beach Access,Boardwalk to Beach,Common Laundry Area,Covered Decks,Elevator,Garage Door Opener,Jet Tub,Landscaped,Smoke Detector(s),Storage Shed
Fuel Tanks: Leased
HOA Contact Name: Signature Touch
Primary Residence: No
HOA Contact Info: 252.441.8857

Rental Income

Annual Rental Income: 63539
Rental Performance: 0.1516
Owner Renatl Income 2022 Amount: 20218
Avertised Income 2021 Amount: 24663
Owner Rental Income 2021 Amount: 22679
Avertised Income 2021 Amount: 27310

Listing Agent Remarks

LOWEST PRICED 2 BEDROOM OCEAN FRONT CONDO BY $100,000+! AND 50% BIGGER THAN MOST! With hard to find private garage and storage area. Very private, LOW DENSITY (JUST 6 UNITS) COMMUNITY WITH A PRIVATE OCEAN WALKWAY AND A LARGE OCEANSIDE POOL AND ELEVATOR. Spacious 8'X24' covered porch with OCEAN VIEW!.. GAS FIREPLACE WITH MARBLE HEARTH IS IDEAL FOR FALL AND WINTER SEASONS!,,BONUS! 12' x 21' GARAGE..!''Well maintained by the sellers with recent improvements including: new fireplace (2014), hot water heater (2017), refrigerator and dishwasher (2018), washer (2019) and HVAC System (2018) and LTV Driftwood flooring (2021)! NEW IN '22!...OCEAN WALKWAY AND STAIRS. Ready for your enjoyment! Marble tile foyer and luxurious master bath, Corian kitchen countertops among other features. Solid rental income producer every year. $$63,539 projected income for full open season! PERFECT FOR VACATION RENTAL, 2ND HOME OR EVEN YEAR ROUND LIVING! IDEAL CENTRAL LOCATION TOO!

Directions

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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 2227 S Virginia Dare Trail 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 2227 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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