$411,500
SOLD NOV 30, 2018

5507 S Virginia Dare Trail Unit 103-S Nags Head, NC 27959

3 Beds
2.5 Baths
1,850 Sq Ft
1987 Built

Recently Sold

$222 Per Sq Ft

5% Below List Price

99 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Furnished
  • Ocean Front
  • Hydromassage or Jetted Bathtub
  • Granite Countertops

About This Home

As of April 2022

#1 - The elevator eliminates climbing stairs with luggage and beach gear! This three bedroom oceanfront condo is one level with a gorgeous kitchen and plenty of upgrades. Heron Cove is a stucco and cedar shake 24 unit oceanfront complex with North and South buildings, elevators and oceanfront pool. Unit 103-South overlooks the pool and has a covered deck for watching the magical OBX sunrises. The kitchen remodel included all new cabinetry, stainless appliances, granite counter tops and glass tile backsplash. The living area is open to the ocean breezes with new sliding doors, draperies and carpeting. There is also a wet bar, dining area, dinette/game table, breakfast bar and a half bath with laundry. This unit's interior is freshly painted too. The oceanfront master suite has new carpeting and includes a private sitting area. The remodeled master bath has a soaking tub, tiled stand alone shower, double vanity and ceramic tile flooring. There are two additional bedrooms sharing a remodeled hall bath. Heron Cove provides parking spaces in the private lot and under the building; plus, each unit-owner has a designated storage room for all the beach toys and fishing gear. This central location is close to Food Lion, Fresh Market multiple restaurants and retail shopping in addition to the Outdoor Adventure Park, Community Sound Access and The Sound-Side event site. The Town of Nags Head maintains a multi-use path for biking, jogging or a leisurely stroll. The Heron Cove Association is pro-active in maintaining the integrity of the buildings. In addition, they created a Capital Repair Plan for the future! Call to schedule time to see this great condo with current rental income. You may like it so much you will want to keep it as your private get-away!

Last Agent to Sell the Property

Colleen Shriver

Century 21 Nachman Realty License #154086 Listed on: 07/18/2018

Century 21 Nachman Realty

Last Buyer's Agent

Matt Whelan

Outer Banks Blue Realty Srvcs. License #168217

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,412

Year Built

  • Built in 1987

Lot Details

  • Ocean Front

HOA Fees

  • $675 Monthly HOA Fees

Home Design

  • Property Attached
  • Masonry Perimeter Foundation
  • Shake Siding
  • Piling Construction
  • Masonry
  • Stucco

Interior Spaces

  • 1,850 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Window Treatments
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • Outdoor Pool
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, water, walkways
  • Village Realty Assoc Mgt Association, Phone Number (252) 480-4714
  • Heron Cove Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,412

Year Built

Built in 1987

Lot Details

0

HOA Fees

$675 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Just South of Nags Head Town Hall
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Jet Tub, Outside Lighting, Smoke Detector(s)
  • Flood Zone: VE
  • Subdivision Name: Heron Cove Condos
  • Headline: Reno/Remodel Unit & Building
  • Heated Sq Ft: 1850
  • L V T Date: 07/18/2018
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: Resdentl
  • Deed Book Pg Number: 0200
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C19525
  • 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 w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Masonry, Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Ensuite, Wet Bar
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Masonry
  • Exterior: Shakes, Stucco
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 8100
  • Hoa Contact: Village Realty Assoc Mgt
  • HOA Contact: 252-480-4714
  • Home Owner Dwelling Insurance: 950

Lot Info

  • Deed Book: 1931

Rental Info

  • Est Annual Rental Income: 39000
  • Estimated Rental Performance: 0.0948
  • Lease Terms: Weekly
  • Maintenance Expenses: 315
  • Other Expenses: 1000
  • Other Expenses2: 1255
  • Rental Co: Stan White Realty & Const
  • Rental Cottage Name: Heron Cove
  • Rental Cottage Number: NH103
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 396
  • Annual Electric: 1200
  • Rental Contact Name: Tammy Barker
  • Rental Contact Phone: 252-441-1515

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2017
  • Taxes: 4412.43

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
07/28/2025 07/28/25 Price Changed $735,000 -2.0% $414 / Sq Ft
04/07/2025 04/07/25 For Sale $749,900 0.0% $423 / Sq Ft
04/07/2025 04/07/25 Off Market $749,900 -- --
04/04/2025 04/04/25 For Sale $749,900 +36.4% $423 / Sq Ft
04/18/2022 04/18/22 Sold $549,900 0.0% $310 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $549,900 +33.6% $310 / Sq Ft
11/30/2018 11/30/18 Sold $411,500 -5.3% $222 / Sq Ft
10/25/2018 10/25/18 Pending -- -- --
07/18/2018 07/18/18 For Sale $434,500 -- $235 / 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: 101292

Outer Banks Association of REALTORS®