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Listing Details For 5308 S Virginia Dare Trail in Nags Head

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alt
Closing Price:
$985,000
5308 S Virginia Dare Trail, Nags Head, NC 27959
8 bd
8 ba
4372 sq ft
MLS #: 85458
Status: Closed

Sold Details

Status: Closed
Sold Price: $945,000.00
Closing Date: 2/11/2015
Contract Date: 12/24/2014
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 127

Listing Information

Area: Nags Head between hwys
Mls Status: Closed
Days On Market: 127
Cumulative Days On Market: 127
Listing Price: $985,000
Original Listing Price: $1,025,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 2/12/2015
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: 4372
Asking Price Per SqFt: $225.00
Heated Living Area Sq Ft: 4372
BedroomsTotal: 8
Bathrooms Full: 8
Bathrooms Partial: 2
Year Built: 2005
Architectural Style: Coastal, Nags Head, Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Countertop Range, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator w/Ice Maker, Washer, Wall Oven
Roof: Wood
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private
Pool Features: Heated, In Ground
Builder Name: Randy Saunders
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar, Walk-In Closet(s)
Heating: Central, Heat Pump
Room Type: Game Room
Flooring: Carpet, Tile, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Vil-NH Atlantic Watch
Subdivision Name: Atlantic Watch in The Village at Nags Head
Deed Book: 1630
Deed Book Page Number: 0033
County Pin Number: 080118227328
Price Change: 2/11/2015
Road Surface: Paved, Public
Association Amenities: Boat Dock, Boat Ramp, Board Walk, Ocean Access, Playground, Park, Sound Access

Lot Details

Lot Size Dimensions: 65 x 216
Lot Size Square Feet: 13939
Lot Faces: E
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2014
Annual Property Taxes: $6,180.00
Home Oner Insurance Expense: 7257
Flood Insurance Expense: 533
Water Source: Municipal
Contract Status Change Date: 2/12/2015
Estimated Annual Fee Amt: $400.00
Sewer: Private Sewer
Association Fee Includes: Electricity, Management, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Seller to Sever Oil/Gas: No
Bank/Institution Owned: No
Oil/Gas Severed Pre Owner: No Representation
Oil/Gas Severed By Seller: No
Exterior: Cement Fiber Board
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Elevator,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Shower,Sun Deck,Tiki Bar
HOA Contact Name: Village Realty
Primary Residence: No
Street Frontage : 65
HOA Contact Info: 252-480-2224

Rental Income

Annual Rental Income: 98500
Rental Performance: 0.1042

Listing Agent Remarks

Upscale, high end, modern Nags Head semi-oceanfront vacation home, with everything that guests desire, in superb condition, in safe elevated location, with Ocean Views & quality surroundings. This Randy Saunders built home boasts 8 master bedrooms, 8 full and 2 half baths, elevator, large rec room with room for seating, pool table, & kitchenette, an oasis outdoor area with 16' x 32' heated pool with fountains, 2013 hot tub with EZ lifter cover, new Tiki bar with granite, counters, tons of quality Polywood furniture, inside a gourmet kitchen, open open / bright living areas, loft, and ample decking. High end finishes, including perfect condition bamboo floors and stair treads, granite counters, stainless steel appliances, tile floors and showers, 2 jetted tubs, solid pine interior doors, Andersen windows and sliders, fiber-cement siding, quality construction, too many to list. Beautifully appointed with quality furnishings, glass furniture tops, and upgraded / modern electronics, including 11 TV's, & surround sound. Volleyball, horseshoe, even kids playground. This Village of Nags Head location provides quality surrounding homes, close to shops / restaurants, good ocean views, easy beach access, and community amenities,and including two soundfront parks. Pelican Perch is kept in great condition by quality minded owners, ready for immediate use and enjoyment, with many recent updates. Consistent high rental income, as a reflection of the features, with room to improve. With (9) 2015 weeks reserved, and opened up availability, +$100,000 2015 income is expected; see associated documents. Great OBX investment opportunity for high quality, good condition, safe, high rental ratio property.

Directions

Just North of the Town of Nags Head Municipal Building

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 5308 S Virginia Dare Trail in Nags Head is provided courtesy of Resort Realty - KH . 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 5308 S Virginia Dare Trail in Nags Head is no longer available for sale.

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