Listing Details For 5515 Virginia Dare Trail in Nags Head

MLS #: 77293
5515 S Virginia Dare Trail
Nags Head, NC 27959
Selling Price: $238,000
Asking Price: $250,000
Closing Date: 8/28/2013
Status: Sold CO OP by Member
Status Date: 8/30/2013

Listing Information

HeadlineTop Floor condo!
AreaNags Head Oceanside
Full Baths2
Partial Baths0
Asking Price$250,000
Price Date8/30/2013
Original Asking Price$259,000
Price Per Square Foot$313
Days On Market237
Cumulative Days On Market564
Days On MLS237
Cumulative Days On MLS564
Listing Date1/3/2013
Listing TypeExclusive Right Sell
Input Date Date1/3/2013
Update Date8/30/2013 12:12:00 PM
Sale Or RentFor Sale
Primary Residence Y/NN

Building Details

Year Built1980
Heated Living Area800
Air ConditoningCentral,Heat Pump
HeatingCentral,Heat Pump
AppliancesDishwasher,Microwave,Range/Oven,Refrigerator w/Ice Maker
Interior FeaturesAll Window Treatments
ExtrasBeach Access,Boardwalk to Beach,Common Laundry Area,Elevator,Landscaped
Floor CoveringsCarpet,Vinyl
AppliancesDishwasher,Microwave,Range/Oven,Refrigerator w/Ice Maker
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,Concrete

Lot Details & Legal Description

Address5515 S Virginia Dare Trail
SubdivisionAdmirals View
CityNags Head
Deed Page29
Deed Book1700
Doc Timestamp6/10/2013 12:46:00 PM
Pin Number080118315552C3
Tax Database ID4
Tax Property ID080118315552C3
Lot DescritionBeach Frontage
View DescriptionOcean
Distance To WaterOceanfront
ZoningRes Condo
Association AmenitiesOcean Access,Outdoor-Comm. Pool,Common Area

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$6,700
Association Fee IncludesBuilding Maintenance,Common Electric,Common Insurance,Flood Insurance,Grounds Maintenance,Management,Pool,Other-See Remarks
Tax Year2012
Property Taxes$2,118
Hazard Insurance$597
Yearly Electrical Expense$559
Water SourceMunicipal
Yearly Water Expense$185
Septic Disposal SystemCommunity Septic


Rental Cottage NameCasey
Rental Cottage #5618
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 Count4

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.

Yearly Income Actual/EstimatedActual
Gross Annual Rental Income$17,000
Current Rental Income Amount$17,077
Current Rental Year2011
Gross Income 2013 $$2,100
Gross Income Year To Date$16,312

Listing Agent Remarks

A best buy 3rd story condo!...Spectacular ocean and wide beach views from this unit! ...Soundviews from front porch too!...Enjoy the quiet wide beaches! Great central location! Plenty of deck space around the oversized pool!...Bonus elevator amenity!...Consistent steady annual rental income!...Fresh paint and interior doors and refrigerator in 2012!...Updates through out the condo! Compare to other oceanfront condos...and you realize this is a Best Buy!


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 Daniel Fenyak of Outer Banks Blue Realty Srvcs.. 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.


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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