Listing Details For 5016 Virginia Dare Trail in Nags Head


MLS #: 114486
5016 S Virginia Dare Trail
Nags Head, NC 27959
Asking Price: $1,595,000
Status: Active
Status Date: 5/21/2021



Listing Information

HeadlineSemi Ocean Rental Machine!
AreaNags Head between hwys
Beds8
Full Baths9
Partial Baths1
Asking Price$1,595,000
Price Date5/21/2021
Original Asking Price$1,595,000
Price Per Square Foot$318
Days On Market28
Cumulative Days On Market28
Listing Date5/21/2021
Listing TypeExclusive Right Sell
Input Date Date5/21/2021
Update Date6/16/2021 5:38:06 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan,Coastal
Year Built2006
Heated Living Area5021
Air ConditoningCentral,Heat Pump,Zoned
HeatingCentral,Heat Pump,Zoned
AppliancesDryer,Dishwasher,Microwave,Refrigerator w/Ice Maker,Range/Oven,Washer
Interior FeaturesCathedral Ceiling(s),Dryer Connection,Master Bath (Ensuite),Washer Connection
CountertopsOther
ExtrasBeach Access,Ceiling Fan(s),Covered Decks,Hot Tub,Landscaped,Outside Shower,Sun Deck
Floor CoveringsCeramic Tile,Hardwood,Vinyl Tile
AppliancesDryer,Dishwasher,Microwave,Refrigerator w/Ice Maker,Range/Oven,Washer
ConstructionFrame,Wood
RoofWood Shingles
Pool Y/NYes
Pool TypeConcrete,Custom,Heated,Indoor,In Ground,Outdoor,Private Pool
ExteriorCement Fiber Board
FoundationPiling,Slab
Optional RoomsGame Room,Home Theater

Lot Details & Legal Description

Address5016 S Virginia Dare Trail
Unit/Lot #Lot 15
SubdivisionVil-NH Elliott Estates
CountyDare
CityNags Head
StateNC
Zip27959
Deed Page0428
Deed Book2343
Doc Timestamp6/16/2021 5:34:00 PM
Pin Number080113233222
Lot Square Feet10500
View DescriptionOcean
Distance To WaterSemi-Oceanfront
ZoningRes
Flood ZoneX
RoadsPaved,Public
Association AmenitiesOcean Access,Sound Access

Property Expense & Utilities

If the seller of this property located at 5016 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$550
Association Fee IncludesCommon Insurance,Grounds Maintenance,Management
Tax Year2020
Property Taxes$7,750
Hazard Insurance$6,520
Yearly Cable Expense$2,400
Yearly Electrical Expense$6,869
Water SourceMunicipal
Yearly Water Expense$900
Septic Disposal SystemMunicipal Sewer
Pool/Spa Expense$5,008

Financial's

Rental Cottage NameNags Head Paradise
Rental Cottage #5566
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 Count9

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 5016 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

Updated Nags Head Semi Oceanfront Rental Machine! $186,000 booked YTD for 2021 and a few open fall weeks are still available. Ocean Views. Large 5,000 square foot 8 bedroom home. Private outdoor/indoor heated pool. Recent upgrades include New interior and exterior paint, New LVT flooring, New Decks, New bedding and mattresses, New electronics and 2 New AC units. This 8 bedroom and 9.5 bath property is located in the Villages at Nags Head. Wonderful amenities such as a Theater Room, Rec Room w/Pool Table, Video Arcade Games & Hot Tub. Unique Indoor & Outdoor Swimming Pool combo! Ground Level has Rec Room, Theater Room, 2 Master Suites w/2 Duo Bunks, Access to Private Indoor/Outdoor Swimming Pool Area w/Full Bath, Tiki Bar, & Enclosed Outside Shower. Mid Level: 4 Bedrooms (4 Master Suites), Den, 2 Front Covered Decks, & Back Covered Deck. Top Level: Lavish Living/Dining/Kitchen Area, TV Entertainment System, (2 Master Suites, Front Sun Deck w/Ocean Views, & Back Sun Deck. This property is in a fabulous location and is convenient to area attractions, dining, shopping, & the Beach (approx. 250 Yards to Beach Access). 11%++ GRI/PP! This is a must see property!

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 5016 Virginia Dare Trail in Nags Head is provided courtesy of Bradley Beacham of Coldwell Banker-Seaside - 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 5016 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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