Shore Realty Outer Banks Home Sales

Listing Details For 5515 Virginia Dare Trail in NAGS HEAD


MLS #: 91428
5515 S Virginia Dare Trail
NAGS HEAD, NC 27959
Asking Price: $314,900
Status: Active
Status Date: 12/7/2016



Listing Information

Headline2ND FLOOR END END UNIT
AreaNags Head Oceanside
Beds2
Full Baths2
Partial Baths0
Asking Price$314,900
Price Date12/8/2016
Original Asking Price$314,900
Price Per Square Foot$345
Days On Market397
Cumulative Days On Market397
Listing Date3/4/2016
Listing TypeExclusive Right Sell
Input Date Date3/5/2016
Update Date4/4/2017 2:27:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeCondo
ClassRESIDENTIAL
StyleContemporary
Year Built1980
Heated Living Area912
Air ConditoningCentral,Heat Pump
HeatingCentral,Electric,Heat Pump
AppliancesDishwasher,Microwave,Range/Oven,Refrigerator w/Ice Maker
Interior FeaturesAll Window Treatments,Ice Maker Connection,Master Bath
ExtrasBeach Access,Boardwalk to Beach,Ceiling Fan(s),Common Laundry Area,Covered Decks,Elevator,Landscaped,Outside Lighting
Floor CoveringsCarpet,Ceramic Tile,Vinyl
AppliancesDishwasher,Microwave,Range/Oven,Refrigerator w/Ice Maker
ConstructionFrame,Wood
Pool Y/NYes
Pool TypeOutdoor,In Ground,Association Pool
ExteriorVinyl
Covered DeckYES
FoundationPiling
Bedroom 1 Level1
Bedroom 1 SizeMASTER
Bedroom 2 Level 1
Bedroom 2 Size GUEST
Living Room Level 1
living Room Size OPEN
Kitchen Level 1
Kitchen Size OCEAN VIEW
Dining Room Level 1
Dining Room SizeCOMBO
Utility Room Level Ground
Utility Room SizeCOMMUNITY

Lot Details & Legal Description

Address5515 S Virginia Dare Trail
Unit/Lot #Unit 2-A
SubdivisionAdmirals View
Full Subdivision NameADMIRALS VIEW CONDOMINIUM
CountyDare
CityNAGS HEAD
StateNC
Zip27959
Deed Page0102
Deed Book1830
Doc Timestamp3/26/2017 3:41:00 PM
Pin Number080118315552a2
Tax Database ID4
Tax Property ID080118315552A2
Lot DescritionBeach Frontage,Level
View DescriptionOcean
Distance To WaterOceanfront
ZoningRES
ParkingParking Lot,Paved,Off Street
RoadsPaved,Private
Association AmenitiesOcean Access,Outdoor-Comm. Pool,Board Walk

Property Expense & Utilities

If the seller of this property located at 5515 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/NYes
Annual Association Fee$6,480
Association Fee IncludesBuilding Maintenance,Cable,Grounds Maintenance,Management,Pool,Sewer/Septic,Walkways
Tax Year2015
Property Taxes$2,344
Yearly Electrical Expense$800
Water SourceMunicipal
Yearly Water Expense$225
Septic Disposal SystemCommunity Septic

Financial's

Rental Cottage #ADV- A-2
Rental Turnover DaySATURDAY
Finance OptionsCash,Conventional
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count10

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 5515 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.

Listing Agent Remarks

COME ON BUYERS, THIS IS A GREAT PRICE FOR A CONDO WITH AN ELEVATOR, WITH FANTASTIC RENTAL INCOME - END UNIT (MORE LIGHT MORE WINDOWS) AND GOREGOUS OCEAN VIEWS THE MINUTE YOU OPEN THE DOOR. 2ND FLOOR END UNIT PROVIDES BETTER VIEWS THAN A 1ST FLOOR UNIT WITH MORE WINDOWS- ADMIRALS VIEW IS ONE OF THE FEW OCEANFRONT CONDO'S WITH AN ELEVATOR ON THE OUTER BANKS - ADMIRALS VIEW ALSO ALLOWS IT'S OWNERS TO HAVE PETS. RENTAL INCOME IS FANTASTIC YEAR AFTER YEAR - DO THE NUMBERS -CASH FLOW IN ASSO. DOC'S- ASSESSMENT ALREADY PAID BY THE SELLER ($10,000 ASSESSMENT) FOR NEW POOL LINER, DECK, FENCING, ETC TO BE COMPLETED BEFORE SUMMER OF 2017- "ASSESSMENT HAS ALREADY BEEN PAID BY CURRENT OWNER"!!!! ALSO HURRICANE SHUTTERS EXPENSE HAS BEEN PAID BY SELLER. 2ND FLOOR CORNER END UNIT LIGHT AND BRIGHT, EXTRA WINDOWS, WITH ELEVATOR, POOL AND WALKWAY TO OCEAN WITH OCEAN VIEWS - THIS IS THE LOWEST PRICED OCEANFRONT CONDO ON THE ENTIRE OUTER BANKS WITH AN ELEVATOR.!!! Try to carry your luggage up and down the stairs, your groceries, etc, etc, Every time you get upstairs you forgot something and have to climb back down all those stairs, NOT IN THIS 2ND FLOOR "END" UNIT CONDO - BRING THE ENTIRE FAMILY AND TAKE THE ELEVATOR. This condo has averaged $25k for 2013-2016. ROI =8%. One of the few condos with an ELEVATOR!! 2ND Floor end unit with Fantastic wide ocean views. Recently renovated and tastefully furnished. Ocean views from the deck, living room, kitchen and Master Bedroom. Condo features community laundry room, pool and walkway to ocean. Unit is a 2nd floor END unit which means more windows and light and bright. THE PRESENCE OF AN ELEVATOR WILL ALWAYS DEMAND TOP DOLLAR!!!!!!! Sold fully furnished excluding "Hurricane Coastal" Picture in Hallway. Beautiful O

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 5515 Virginia Dare Trail in NAGS HEAD is provided courtesy of Madonna VanCuren of Sun Realty - KDH. 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 5515 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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