Shore Realty Outer Banks Home Sales

Listing Details For 3517 Virginia Dare Trail in Nags Head


MLS #: 91004
3517 Virginia Dare Trail
Nags Head, NC 27959
Selling Price: $1,425,000
Asking Price: $1,499,000
Closing Date: 5/16/2016
Status: Sold CO OP by Member
Status Date: 5/17/2016



Listing Information

HeadlineGreat rental income & location
AreaNags Head Oceanside
Beds8
Full Baths8
Partial Baths2
Asking Price$1,499,000
Price Date5/17/2016
Original Asking Price$1,499,000
Price Per Square Foot$348
Days On Market103
Cumulative Days On Market286
Days On MLS103
Cumulative Days On MLS285
Listing Date2/3/2016
Listing TypeExclusive Right Sell
Input Date Date2/3/2016
Update Date5/17/2016 12:37:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan
Year Built2004
Heated Living Area4305
Air ConditoningCentral,Heat Pump
HeatingCentral,Electric,Heat Pump
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher,2nd Refrigerator,Wine Cooler
Interior FeaturesAll Window Treatments,Gas Fireplace,Master Bath,Washer Connection,Wet Bar
CountertopsGranite
ExtrasBeach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Landscaped,Outside Shower,Security System,Sun Deck
Floor CoveringsCarpet,Ceramic Tile,Hardwood
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher,2nd Refrigerator,Wine Cooler
Pool Y/NYes
Pool TypeOutdoor,Private
Optional RoomsGame Room,Utility Room

Lot Details & Legal Description

Address3517 Virginia Dare Trail
Unit/Lot #Lot A
SubdivisionGeo T Stronach
CountyDare
CityNags Head
StateNC
Zip27959
Deed Page0129
Deed Book1862
Doc Timestamp3/23/2016 6:50:00 PM
Pin Number989215649834
Tax Database ID4
Tax Property ID989215649834
Lot DescritionBeach Frontage,Water Frontage
View DescriptionOcean
Distance To WaterOceanfront
ZoningRes
RoadsPublic

Property Expense & Utilities

If the seller of this property located at 3517 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 Year2015
Property Taxes$11,080
Water SourceMunicipal
Septic Disposal SystemNon Conventional Septic

Financial's

Rental Cottage NameTrue Friends
Rental Turnover DaySunday
Furniture Available ?Yes
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count8

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 3517 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$168,456
Gross Income 2013 $$137,526

Listing Agent Remarks

Location, location, location!! This beautiful beachfront property is not only the perfect vacation home, but a great investment with a very strong rental performance (with over $168K in rental income in 2015 and already close to 158K on the books for 2016!!) Located in one of the nicest areas of Nags Head, nestled among other beautiful single family homes, this location has a truly laid-back, relaxed feel. The smaller cottages on either side of the home allow for unobstructed ocean views. Enjoy a short walk or quick bike ride to restaurants, shops, Jockey's Ridge State Park or the Nags Head Fishing Pier. The professionally decorated interior has been completely updated by the current owners, with new wood floors in the dining room, kitchen, great room, staircase and 2nd level foyer; new HVAC, granite counters, carpet, new appliances, flat screen Tv's throughout and a solar system. A complete list of improvements is available. All levels are easily accessible via elevator. The large, island-kitchen is equipped with twin dishwashers, granite counters and loads of cabinet space. Each of the 8 bedrooms is well appointed and offers its own private bath. The ground-floor game room is furnished with a pool table, wet bar and sitting area with a large screen TV. The outdoor living area offers an in-ground pool surrounded by large multi-level decks, a hot tub, an outdoor shower, and provides direct access to the beach via a private walkway. Relax on the dune-top crow's nest while enjoying stunning ocean views!

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 3517 Virginia Dare Trail in Nags Head is provided courtesy of Mirjam Davis of William E. Wood & Assoc. - OBX. 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 3517 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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