NOT LISTED FOR SALE

5507 S Virginia Dare Trail Unit 302N Nags Head, NC 27959

3 Beds
2.5 Baths
1,724 Sq Ft
1989 Built

Last Sold October 02, 2020

Last sale price $575,000 $334 Per Sq Ft

8 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Engineered Wood Flooring
  • Community Beach Access
  • Outdoor Pool
  • Furnished

About This Home

As of October 2020

Most sought after 3 BR Oceanfront Condo location...TOP FLOOR, Elevator AND a Master Suite with Ocean Views that go on and on. From the time that you enter thru the front door into the foyer with the curved tongue and grove walls and walk down the hall to the spacious open living area you will be impressed with the layout of this unit. Enjoy Ocean Views from the Living, Dining and Kitchen Area. Even the chef won't feel left out. Living area is complete with a TV entertainment center, game table and wet bar. You or your guest will enjoy watching the sunrise from the OF deck off of the Large Master Oceanfront Suite. Unit comes with a ground floor private storage to store all those fishing and beach toys along with covered parking and elevator. Major renovations to the pool (new liner and trex decking on all the walkways and pool deck) and exterior structural renovations were completed in 2020 by the HOA. North Building's Roof was replace in 2012. Seller has added a new HVAC system, sofa, dining room table/chairs and bar stools in 2020. Hot Water Heater 2010. New Hot Water Tank installed under Kitchen Sink.

Last Agent to Sell the Property

Cathy Turner

Village Realty Holdings, LLC - NH License #187958 Listed on: 07/26/2020

Last Buyer's Agent

Mandy Robinson

Outer Banks Realty Group License #300017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,926

Year Built

  • Built in 1989

Lot Details

  • Beach Front

HOA Fees

  • $1,000 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 3rd floor
  • Metal Construction or Metal Frame
  • Masonry
  • Stucco

Interior Spaces

  • 1,724 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Entrance Foyer
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher

Flooring

  • Engineered Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Tuck Under Parking
  • Parking Lot

Outdoor Features

  • Outdoor Pool
  • Covered Deck
  • Storage Shed

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, common insurance, flood insurance, grounds maintenance, management, pool, road maintenance, sewer/septic, water, walkways
  • Village Realty 252 480 2224 Association
  • Heron Cove Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,926

Year Built

Built in 1989

Lot Details

0

HOA Fees

$1,000 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: MP 15 Oceanfront...North of The Village at Nags Beach Club
  • Extras: Beach Access, Covered Decks, Elevator, Storage Shed, Dry Entry
  • Flood Zone: VE
  • Headline: Top Floor OF, Elevator, 3 BRs
  • Heated Sq Ft: 1724
  • L V T Date: 07/26/2020
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: residentia
  • Advertised Income 2020: 56310
  • Deed Book Pg Number: 0413
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 3
  • Electronic Locks: Leased
  • Floor Coverings: Tile, Wood Laminate, Engineered Wood
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Foyer
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Parking Lot, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Road Maintenance, Sewer/Septic, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Estimated Annual Fee: 12000
  • Hoa Contact: Village Realty - 252-480-2224
  • HOA Contact: Courtney Fowler

Lot Info

  • Lot Description: Beach Frontage
  • Deed Book: 1522

Rental Info

  • Est Annual Rental Income: 50000
  • Estimated Rental Performance: 0.087
  • Other Expenses: 384
  • Other Expenses2: 229
  • Other Expenses3: 8653
  • Other Insurance Expenses: 525
  • Rental Co: Village Realty
  • Rental Cottage Number: H302N
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 672
  • Annual Electric: 1097
  • Annual Telephone Expense: 620
  • Rental Contact Name: Village Realty
  • Rental Contact Phone: 252-480-2224

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2019
  • Taxes: 3926

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
10/02/2020 10/02/20 Sold $575,000 -4.0% $334 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/26/2020 07/26/20 For Sale $599,000 -- $347 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Cathy Turner

    Seller's Agent in 2020

    Cathy Turner

    Village Realty Holdings, LLC - NH

    (252) 449-8765

    19 in this area

    54 Total Sales

    Cathy Turner
    Section Image
  • Mandy Robinson

    Buyer's Agent in 2020

    Mandy Robinson

    Outer Banks Realty Group

    (252) 202-1991

    16 in this area

    81 Total Sales

    Mandy Robinson
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110277

Outer Banks Association of REALTORS®
North Carolina Dare County Nags Head 27959

5507 S Virginia Dare Trail Unit 302N, Nags Head, NC

This home is located at 5507 S Virginia Dare Trail Unit 302N, Nags Head, NC 27959 since 26 July 2020. This property was built in 1989. 5507 S Virginia Dare Trail Unit 302N is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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