Shore Realty Outer Banks Home Sales

Listing Details For 4728 Virginia Dare Trail in Nags Head


MLS #: 84786
4728 S Virginia Dare Trail
Nags Head, NC 27959
Selling Price: $643,125
Asking Price: $799,900
Closing Date: 1/22/2015
Status: Sold CO OP by Member
Status Date: 1/23/2015



Listing Information

AreaNags Head between hwys
Beds8
Full Baths8
Partial Baths1
Asking Price$799,900
Price Date1/23/2015
Original Asking Price$799,900
Total Tax Assessed Value$782,000
Price Per Square Foot$222
Days On Market167
Cumulative Days On Market167
Days On MLS166
Cumulative Days On MLS166
Listing Date8/8/2014
Listing TypeExclusive Right Sell
Input Date Date8/9/2014
Update Date1/23/2015 3:14:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan,Coastal
Year Built2002
Heated Living Area3600
Air ConditoningHeat Pump
HeatingHeat Pump
AppliancesDishwasher,Dryer,Ice Machine,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer
GarageNone
Interior Features9' Ceilings,Cathedral Ceiling(s),Gas Fireplace,Ice Maker Connection,Master Bath
ExtrasCeiling Fan(s),Hot Tub,Outside Shower,Patio,Sun Deck,Tiki Bar
Floor CoveringsCarpet,Tile
AppliancesDishwasher,Dryer,Ice Machine,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer
BuilderCoastal Construction
ConstructionFrame
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Gunite
ExteriorLap Siding,Cement Fiber Board
FoundationPiling
Optional RoomsGame Room,Home Theater

Lot Details & Legal Description

Address4728 S Virginia Dare Trail
SubdivisionSilver Sands
CountyDare
CityNags Head
StateNC
Zip27959-
Deed Page0144
Deed Book1562
Doc Timestamp8/9/2014 5:26:00 PM
Pin Number080109153094
Tax Database ID4
Tax Property ID080109153094
Lot Square Feet16500
View DescriptionOcean
Distance To WaterSemi-Oceanfront
Zoningres
Flood ZoneAE
RoadsPaved,Public

Property Expense & Utilities

If the seller of this property located at 4728 Virginia Dare Trail in Nags Head has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NNo
Tax Year2013
Property Taxes$5,641
Flood Insurance$2,151
Hazard Insurance$4,094
Yearly Expenses Actual/Estimated$4,094
Yearly Cable Expense$1,044
Yearly Electrical Expense$4,028
Yearly Telephone Expense$974
Water SourceMunicipal
Yearly Water Expense$804
Septic Disposal SystemPrivate Septic
Pool/Spa Expense$1,500

Financial's

Rental Cottage NameSummer Sand
Rental Cottage #123
Rental Turnover Daysun
Finance OptionsCash,Conventional
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NYes
Bank Owned Y/NNo
Associated Document Count4

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 4728 Virginia Dare Trail is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Yearly Income Actual/EstimatedActual
Gross Annual Rental Income$87,000
Gross Income 2013 $$81,804
Gross Income Year To Date$87,340

Listing Agent Remarks

This property is to be placed in an upcoming auction. All bids should be submitted at www.homesearch.com (void where prohibited). All auction properties are subject to a 5% buyer's premium pursuant to the Event Agreement and Auction Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property. Original owners purchased new for $1.3M this fabulous 8 BR Home with Gunite Pool, Hot Tub, covered outside bar adjacent to hot tub which is situated on a deck with endless starlight views! Located directly across from the beach access this one has it all! As a short sale this creates an excellent opportunity for the next owners to purchase at 40% below the original market pricing years ago! Huge Lot has lots of potential! House exterior painted in 2014! Rents support the pricing and with some added touches this home should generate even higher rents! Current Auction Bidding started 10.25.14 and ended 10.28.14. Minimums were not met. Next Auction begins 11.15.14. Go to Homesearch.com for details. Ends 11.18.14 Homesearch.com has determined that there is a winning bid on the property from the last auction. Paperwork is being processed as of 11.25.14 and status will be updated in the very near future with anticipated closing in late December or early January. As of 11.26.14 property is under contract with first DT. Paperwork being processed via Equator and Sharp, Michael and Graham. Anticipate closing in 45 days. Stated closing in MLS is estimated and may go into January depending on administrative processing through lenders and negotiators.

Directions

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 4728 Virginia Dare Trail in Nags Head is provided courtesy of John Thompson of Windswept Properties, LLC. 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 4728 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.

Schools

The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.




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