5507 S Virginia Dare Trail Unit 202B Nags Head, NC 27959
Estimated payment $4,326/month
Highlights
- Beach Front
- Ocean View
- Contemporary Architecture
- Community Beach Access
- In Ground Pool
- Subterranean Parking
About This Home
"Mermaid's Cove" is the perfect spot to wake up every morning, grab a cup of coffee, and watch the sunrise over the beautiful beaches of Nags Head. This second floor oceanfront condo located in the highly sought after community of Heron Cove offers expansive ocean views, one level living, a building elevator, covered parking, generous ground floor storage for beach toys and bikes, private community beach access and you can easily see the community swimming pool. It's truly the best of beach living! Units in Heron Cove with ocean views seldom become available in part because the community is located on one of the best sections of the beach on the Outer Banks and it's convenient to restaurants, golf and shopping galore! "Mermaid's Cove" (Unit 202B) will not disappoint! The kitchen received a full renovation in 2016 and the vacationing guests have great things to say about the new look. The heat pump was replaced in 2021 and the water heater in 2023. This is an interior unit and well insulated by the adjoining units. The living area with wet bar is spacious and the ocean views are mesmerizing. From there you can stroll out to the well appointed balcony (covered deck) soak in some more memories, maybe you'll even see a mermaid! The primary suite is fabulous with an oceanfront sitting area and large bath with soaking/jet tub. The remaining two bedrooms and one and one-half bathrooms are located on the west side of the unit. Hurry you don't want to miss this opportunity! Call today to schedule an appointment to view this beauty.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $4,447
Year Built
- Built in 1989
Home Design
- Contemporary Architecture
- Masonry
- Stucco
Interior Spaces
- 1,724 Sq Ft Home
- Wet Bar
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
Laundry
- Dryer
- Washer
Parking
- Subterranean Parking
- Paved Parking
- Parking Lot
- Off-Street Parking
Utilities
- Heat Pump System
- Municipal Utilities District Water
- Shared Septic
Additional Features
- In Ground Pool
- Beach Front
Community Details
Overview
- Association fees include building maintenance, cable TV, electricity, common insurance, flood insurance, ground maintenance, management, pool, sewer/septic, water, walkways
- Heron Cove Subdivision
Recreation
- Community Beach Access
- Community Pool
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,446 | $493,600 | $180,000 | $313,600 |
| 2023 | $2,027 | $506,144 | $180,000 | $326,144 |
| 2022 | $2,027 | $506,144 | $180,000 | $326,144 |
| 2021 | $2,027 | $506,144 | $180,000 | $326,144 |
| 2020 | $2,027 | $506,144 | $180,000 | $326,144 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2025 08/08/25 | Price Changed | $749,000 | -5.2% | $434 / Sq Ft |
| 06/14/2025 06/14/25 | For Sale | $790,000 | 0.0% | $458 / Sq Ft |
| 05/06/2025 05/06/25 | Off Market | $790,000 | -- | -- |
| 05/02/2025 05/02/25 | For Sale | $790,000 | 0.0% | $458 / Sq Ft |
| 04/07/2025 04/07/25 | Off Market | $790,000 | -- | -- |
| 04/02/2025 04/02/25 | Price Changed | $790,000 | -5.8% | $458 / Sq Ft |
| 11/13/2024 11/13/24 | For Sale | $839,000 | -- | $487 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $286,000 | Unknown |
Source: Outer Banks Association of REALTORS®
MLS Number: 127499
APN: 030586000
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