$420,000
SOLD MAY 4, 2018

4905 S Virginia Dare Trail Unit E4 Nags Head, NC 27959

3 Beds
3 Baths
1,530 Sq Ft
1985 Built

Recently Sold

$275 Per Sq Ft

3% Below List Price

58 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Outdoor Pool
  • Community Beach Access
  • Tennis Courts
  • Furnished

About This Home

As of November 2019

This is a must see Quay unit! Oceanfront, 3-Bedroom condos rarely are this nice and this well-priced. All 3 full baths have been completely updated with beautiful tile and granite. The kitchen has been updated as well, with gorgeous counters and stainless steel appliances. Beautifully furnished, this unit is also a rental machine. Advertised rents in 2017 topped $49,000, and that is with the owners taking 12 nights in July, which would have added another $5500 to rents. If you're an investor, this is definitely a cashflow positive property. Whether you're looking for a fantastic investment or a beautiful second home, you need not look further than this unit. The views from the master are amazing, and the unit overlooks the pool as well so you can relax and enjoy the waves breaking while watching your family in the pool! This unit is completely turnkey and needs nothing except a new owner. Buy now and start collecting your summer rents--perfect timing! Don't miss this opportunity to buy what is most likely the best producing unit in the Quay!

Last Agent to Sell the Property

Laurie Battaglia

Coastal Outer Banks Realty License #271667 Listed on: 01/22/2018

Last Buyer's Agent

Raju Uppalapati

Outer Banks Realty Group License #187530

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 1985

Lot Details

  • Beach Front
  • Lot includes common area
  • Level Lot

HOA Fees

  • $380 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Asphalt Shingled Roof

Interior Spaces

  • 1,530 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Parking Lot

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Tennis Courts
  • Covered Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water

Community Details

Overview

  • Association fees include building maintenance, common insurance, flood insurance, grounds maintenance, management, pool, tennis courts
  • Quay Condo, The Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,362

Year Built

Built in 1985

Lot Details

0

HOA Fees

$380 per month

Listing Details

  • Class: RESIDENTIAL
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Outdoor Tennis, Outside Shower, Smoke Detector(s)
  • Subdivision Name: Quay Condo Phase 2
  • Headline: Beautifully Updated
  • Heated Sq Ft: 1530
  • L V T Date: 01/22/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0732
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24808
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Washer Connection

Exterior Features

  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Parking Lot, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Forced Air, Heat Pump
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Tennis Courts
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 4560

Lot Info

  • Lot Description: Adj. To Common Area, Beach Frontage, Level, Water Frontage
  • Deed Book: 2056

Rental Info

  • Lease Terms: Variable
  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Number: K0802
  • Rental Turnover Day: Varies

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2017
  • Taxes: 3362.32

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/12/2019 11/12/19 Sold $430,000 -3.9% $281 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
07/31/2019 07/31/19 For Sale $447,500 +6.5% $292 / Sq Ft
05/04/2018 05/04/18 Sold $420,000 -3.4% $275 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $435,000 +10.8% $284 / Sq Ft
11/02/2015 11/02/15 Sold $392,500 -1.8% $257 / Sq Ft
10/14/2015 10/14/15 Pending -- -- --
09/10/2015 09/10/15 For Sale $399,750 -- $261 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98973

Outer Banks Association of REALTORS®