Listing Details For 252 Ocean Boulevard in Southern Shores

Closing Price:
$1,575,000
252 Ocean Boulevard, Southern Shores, NC 27949
7 bd
8 ba
3506 sq ft
MLS #: 117609
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,450,000.00
Closing Date: 3/18/2022
Contract Date: 2/23/2022
Seller Concessions: Yes
Concession Comments: $2500 expenses paid by seller
Total Days on Market:
Cumulative Days on Market: 12

Listing Information

Area: Southern Shores Oceanside
Mls Status: Closed
Days On Market: 12
Cumulative Days On Market: 12
Listing Price: $1,575,000
Original Listing Price: $1,575,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/19/2022
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: 3506
Asking Price Per SqFt: $449.00
Heated Living Area Sq Ft: 3506
BedroomsTotal: 7
Bathrooms Full: 8
Bathrooms Partial: 2
Year Built: 1999
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Concrete, In Ground, Private
Builder Name: Roanoke Homes
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Walk-In Closet(s)
Heating: Electric
Room Type: Game Room
Flooring: Carpet, Tile, Vinyl, Wood
Construction Materials: Frame

Legal Description

Section: 3
County: Dare
Subdivision: Southern Shores
Subdivision Name: Southern Shores
Deed Book: 1874
Deed Book Page Number: 384
County Pin Number: 986815541004
Price Change: 3/18/2022
Block: 37
Road Surface: Public
Association Amenities: Ocean Access, Sound Access

Lot Details

Total Assessed Value: 801800
Lot Size Dimensions: 220x95x220x97.5
Lot Faces: w
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $5,459.00
Flood Zone: X
Water Source: Municipal
Contract Status Change Date: 3/19/2022
Estimated Annual Fee Amt: $95.00
Sewer: Septic Tank
Association Fee Includes: Walkways
Association Fee Yes or No: Voluntary - Restrictive Covenants May Apply

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,Outside Shower,Screened Porch,Dry Entry
Fuel Tanks: None
HOA Contact Name: N/A
Primary Residence: No
Street Frontage : 220
HOA Contact Info: N/A

Rental Income

Annual Rental Income: 136260
Rental Performance: 0.094
Owner Renatl Income 2022 Amount: 80182
Avertised Income 2021 Amount: 84945
Owner Rental Income 2021 Amount: 88890
Avertised Income 2021 Amount: 96539

Listing Agent Remarks

Super close to beach access with some ocean view. Great income producing property with solid rental history. All bedrooms are en suite, plus additional full bath in game room. Recombination plat already in place and paid for, saving time in the event new owner wishes to expand home. This was originally one and a half lots, so new lot is larger than others surrounding. See "new Plat" in docs. Located in an X zone, so no flood insurance is required. Expansion on ground level is possible. Septic system is good for up to 22 occupancy, eleven bedrooms. Recent upgrades include: New pool plaster in April 2021, new HVAC (both outdoor units, lower level indoor) less than 1 year ago, top level indoor hvac estimate four years old, one new water heater last year, updated kitchen with crisp white cabinets, granite countertop, Range and dishwasher are brand new, kitchen refrigerators are two years old, new living room furniture two years ago, new King mattresses two seasons ago. Owners have always rented only from Memorial Day until mid Sept. Rental income could easily be increased if expanded to shoulder seasons. Fireplace is non-operable and needs to be replaced or removed. Contents of owner's closets does not convey. Owners are licensed real estate agents in NC.

Directions

Located at north end of Ocean Blvd, at intersection with E. Hickory Trl.

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 252 Ocean Boulevard in Southern Shores is provided courtesy of Roanoke Homes . 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 252 Ocean Boulevard in Southern Shores 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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