Listing Details For 5507 S Virginia Dare Trail in Nags Head

Closing Price:
$895,000
5507 S Virginia Dare Trail, Nags Head, NC 27959
3 bd
2 ba
1724 sq ft
MLS #: 123271
Status: Closed

Sold Details

Status: Closed
Sold Price: $839,900.00
Closing Date: 1/12/2024
Contract Date: 11/21/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 82
Due Diligence Date: 12/15/2023

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 82
Cumulative Days On Market: 82
Listing Price: $895,000
Original Listing Price: $895,000
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 1/12/2024
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: 1724
Asking Price Per SqFt: $519.00
Heated Living Area Sq Ft: 1724
BedroomsTotal: 3
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1989
Architectural Style: Contemporary
Sub Type: Condominium
Appliances: Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Stackable Washer/Dryer, Wine Cooler
Parking: Parking Lot, Off Street, Paved, Underground
Pool: Yes
Pool Type: Association
Pool Features: Association, Gunite, In Ground, Outdoor Pool
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Wet Bar
Heating: Heat Pump
Flooring: Carpet
Construction Materials: Block, Masonry

Legal Description

County: Dare
Subdivision: Heron Cove
Subdivision Name: Heron Cove Condos Ph 2
Deed Book: 2662
Deed Book Page Number: 0657
County Pin Number: 08011831474215
Price Change: 1/11/2024
Road Surface: Paved, Public
Association Amenities: 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: 2023
Annual Property Taxes: $4,446.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 1/12/2024
Estimated Annual Fee Amt: $13,200.00
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

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Stucco
Extras: Beach Access,Covered Decks,Elevator,Outside Shower,Patio,Storage Shed,Dry Entry,Inside Laundry Room
Fuel Tanks: None
HOA Contact Name: Seaside Management
Primary Residence: No
HOA Contact Info: 252-261-1200

Rental Income

There is no rental income information available

Listing Agent Remarks

This Heron Cove flat offers fabulous ocean views and the best of beach living! The location could not be better on one of the best sections of beach on the Outer Banks, and within easy walking access to great restaurants, golf, shopping and more! Heron Cove is one of the most sought after developments on the Outer Banks. With quality construction, an elevator, and excellent management, Heron Cove offers owners outstanding value and peace of mind. Covered parking, generous ground floor storage for bikes and beach equipment, a large community swimming pool and private beach access 600 feet from the nearest public access are some of the reasons why these rarely become available. The roof is less than fifteen years old and the siding is less than five. The concrete construction of these building is solid and feels more substantial than others. Within a community of winners, this particular flat stands out for its ocean views and updates! The furnishings are fresh and with updates throughout, this unit is turn-key! The vinyl plank flooring is crisp and contemporary. Each of the baths has beautiful cabinetry and stone tops. The kitchen is warm and functional with granite and black appliances. The recently replaced slider doors frame beautiful ocean views and let in plenty of natural light. The 10 x 28 covered deck is well appointed with quality outdoor furniture and has two seating areas from which to take in the expansive water views. Please note that you can easily see the pool, but that it is not just below so that tranquility is maintained even when others are frolicking there. My favorite aspect of this condo is the generous floor plan. Because there are no stairs and the ocean views are emphasized in the living area and primary bedroom, it feels bigger than its 1700 square feet! The open concept living room/dining room has abundant space for relaxing, a wet bar, and extra card table. When you walk in after rounding the tastefully stained curved wall, you see the ocean right away. The primary bedroom is huge with an extra seating area or office space and a very generous bath with double vanities, a soaking tub, and beautiful tiled shower. One other bedroom has plenty of space for two bunk beds and the other bedroom has a queen bed with plenty of room to spare. I love that you can park underneath, take the elevator get inside with no stairs and stay dry and out of the sun. This unit continues to excel as an investment! It has achieved over $72k in rents for 2023. Detailed expenses are available. Bookings are currently withheld for 2024 so that the new owners will have priority for their personal use. The condo fee includes insurance for the structure, pool and all of the amenities, basic cable and internet, water and sewer. Hurry...this will sell quickly!

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 5507 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 5507 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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