5515 S Virginia Dare Trail Unit 2-A
NAGS HEAD, NC 27959

Sold 6/29/2017
  • 2
    beds
  • 2
    baths
  • 912
    sq.ft.
Townhome or Condo

YES THE PRICE IS $314,900 AND YES THERE ARE LESS EXPENSIVE OCEANFRONT CONDOS BUT DO YOU REALLY WANT TO STARE OUT AT A PILE OF SAND? Isn't the reason of wanting to own an oceanfront condo is to be able to look right out and see the ocean?? Come on Buyers, this is a great price for a 2nd floor condo with FABULOUS OCEAN VIEWS AND AN ELEVATOR!!! This condo has fantastic rental income and is also an end unit which means more light because of more windows. GORGEOUS OCEAN VIEWS THE MINUTE YOU OPEN THE DOOR. ADMIRALS VIEW IS ONE OF THE FEW OCEANFRONT CONDO'S WITH AN ELEVATOR ON THE OUTER BANKS -ADMIRALS VIEW IS ALSO ONE OF THE FEW CONDOS THAT ALLOW THE OWNERS TO HAVE PET'S. Rental income is fantastic year after year - Do the Numbers - Cash Flow is in the Associated Doc's - $10,000 ASSESSMENT HAS ALREADY BEEN PAID BY CURRENT OWNER "for refurbishment of pool area and also Hurricane Shutter expense has already been paid by seller. Try to carry your luggage up and down the stairs, your groceries, etc., etc., Every time you get upstairs you forgot something and have to climb back down all those stairs, NOT IN THIS 2ND FLOOR "END" UNIT CONDO - BRING THE ENTIRE FAMILY AND TAKE THE ELEVATOR. This condo has averaged $25k in rental income for 2013-2016. ROI =8%. One of the few condos with an ELEVATOR!! 2ND Floor end unit with Fantastic wide ocean views. Recently renovated and tastefully furnished. Ocean views from the deck, living room, kitchen and Master Bedroom. Condo features community laundry room, pool and walkway to ocean. Unit is a 2nd floor END unit which means more windows and light and bright. THE PRESENCE OF AN ELEVATOR WILL ALWAYS DEMAND TOP DOLLAR!!!!!!! Sold fully furnished excluding "Hurricane Coastal" Picture in Hallway. Beautiful Ocean Views from Master Bedroom and sliding Doors leading to covered deck. Andersen Windows and Doors. Come take a look at this above average oceanfront condo that has been lovingly maintained AND produces rental income over 25k WITH ocean views the moment you open the door. HOA Dues are paid quarterly $1,620 per quarter - Yearly amount = ***$6,480 ( includes Wind, Hail, Fire and Flood Insurance, Phone, Cable and Internet Service) ***INCLUDED IN THE $6,480 A YEAR HOA DUES THE $ 120 QUARTERLY CHARGE IS FOR THE PHONE, CABLE AND INTERNET. THE OTHER $350 FEE IN THE FINANCIAL SECTION IS WHAT THE SELLER PAYS IS FOR CONTENTS INSURANCE. SIGNATURE TOUCH is the management company 441-88570 CONDO COULD PRODUCE ADDITIONAL RENTAL INCOME IF OPENED MORE WEEKS BUT SELLER CHOOSES TO USE THE UNIT FOR PERSONAL USE. CASH FLOW IN ASSOCIATED DOC'S

Property Details
  • Contemporary
    architecture
  • $1,858.00
    taxes
  • 1980
    built
  • 91428
    MLS#
Range/Oven
Microwave oven
Dishwasher
Refrigerator
Ice maker
Ceiling fan(s)
Central air
Central heat
Electric heat
Heat pump
Ceramic tile flooring
Carpet
Vinyl flooring
Elevator(s)
Off street parking
Vinyl siding
Wood exterior
Frame exterior
Deck
Pool
Inground pool
Lot has beach access
Lot has beachfront
Lot on or near ocean
Lot has ocean view
Level lot
Lot on private road
Subdivision: Admirals View
Lot zoned: RES
City water
Shared septic
Units in building(s): 1
Total square feet: 912
Property style: Contemporary
For sale
Tax year: 2016
Community laundry
Community swimming pool(s)
Bedroom 1 is MASTER
Bedroom 1 Level: 1
Bedroom 2 is GUEST
Bedroom 2 Level: 1
Dining Room is COMBO
Dining Level: 1
Kitchen is OCEAN VIEW
Kitchen Level: 1
Living Room is OPEN
Living Room Level: 1
Courtesy of:
Sun Realty - KDH
Madonna VanCuren

Call (855) 464-2662

855-GO-HANNA
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Name Type GreatSchools
Rating
Distance
Nags Head Elementary School Pre-School, Elementary School / Public 6 3.4 mi.
Manteo Middle School Middle School / Public 5 4.12 mi.
Manteo High School High School / Public 9 3.75 mi.
Manteo Elementary School * Pre-School, Elementary School / Public 2 3.99 mi.
Dare Co Alternative High School * Middle School, High School / Public N/A 4.01 mi.
First Flight High School * High School / Public 9 6.15 mi.
Address Distance Sale date Sale price
5515 S Virginia Dare Trail Unit 2-A 0 mi. 6/29/2017 $308,000
5515 S Virginia Dare Trail Unit c-1 0 mi. 4/21/2017 $278,500
5507 S Virginia Dare Trail Unit 101 S 0.04 mi. 7/11/2017 $360,000
4905 S Virginia Dare Trail Unit B2 0.59 mi. 6/7/2017 $369,000
6317 S Virginia Dare Trail Lot 101 0.72 mi. 8/14/2017 $280,000
6317 S Virginia Dare Trail Unit 202 0.72 mi. 9/1/2016 $327,500
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5515 S Virginia Dare Trail Unit 2-A, NAGS HEAD, NC 27959 is a 2 bedroom, 2 bath townhome or condo was sold for $308,000.
School ratings are supplied by GreatSchools. School attendance zone boundaries are supplied by Maponics. Both are subject to change.

* indicates a school is in close proximity to this home, but this home is not guaranteed to fall within the school's attendance zone boundaries. Check with the applicable school district prior to making a decision based on these boundaries.