NOT LISTED FOR SALE

111 E Forbes St Nags Head, NC 27959

Estimated Value: $1,041,000 - $1,188,000

6 Beds
6 Baths
2,678 Sq Ft
$415/Sq Ft Est. Value

Sale Details

Date Sold: September 22, 2023

Last sale price $985,000 $368 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,402 / mo

38 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • Game Room
  • Contemporary Architecture
  • Furnished
  • Patio

About This Home

As of September 2023

Looking for the ideal location for your Outer Banks dream home? Look no further; this property is in a perfect spot and offers something for the entire family! The beach is a short walk away, and so is Cookies & Cream Ice Cream Parlor. For any fishing enthusiasts, this house is located about 1 mile north of the famous Jennette’s Pier. This property is close to many other vacation amenities for golfers and shoppers alike. The superb design delivers 6 bedrooms (2 master bedrooms) and 4 full baths (+2 half baths)! Natural light pours throughout the upstairs into the large, open living and dining space - ideal for friends and family to gather. Spend your days relaxing on the beach or by the private pool situated behind the home, equipped with lounge space as well as a hot tub for those cooler Outer Banks evenings. Centrally located in the town of Nags Head just 3 lots back from the beautiful Atlantic Ocean.

Last Agent to Sell the Property

John Head

Resort Realty - Frisco License #187858 Listed on: 07/01/2023

Last Buyer's Agent

May Oo-Muuse

EXP Realty, LLC - Coastal License #344795

EXP Realty, LLC - Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,198

Year Built

  • Built in 2003

Lot Details

  • 9,000 Sq Ft Lot
  • Level Lot
  • Property is zoned C2

HOA Fees

  • $13 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding

Interior Spaces

  • 2,678 Sq Ft Home
  • Furnished
  • Game Room

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Doug Davis Association, Phone Number (757) 449-9963
  • Pebble Bch Shrs Subdivision

Listing and Financial Details

  • Legal Lot and Block # 17 / B

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,198

Year Built

Built in 2003

Lot Details

9,000 Sq Ft Lot

HOA Fees

$13 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Hot Tub, Patio
  • Heated Sq Ft: 2678
  • L V T Date: 07/01/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: C2
  • Deed Book Pg Number: 0172
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0418
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 6
  • Floor Coverings: Carpet, Wood
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Off Street, Unpaved

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 150
  • Hoa Contact: Doug Davis
  • HOA Contact: Cell# 757-449-9963

Lot Info

  • Estimated Lot Sq Ft: 9000
  • Lot Description: Level
  • Lot Number: Lot# 17
  • Estimated Lot Size: 0.21
  • Deed Book: 1612

Rental Info

  • Est Annual Rental Income: 117790
  • Estimated Rental Performance: 0.1196
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Island Paradise
  • Rental Cottage Number: NH3311
  • Rental Phone Number: 252.480.2224
  • Rental Turnover Day: Saturday
  • Rental Contact Email: ownerrelations@vrobx.com
  • Rental Contact Name: Alyssa McDonald or Myers Fuller
  • Rental Contact Phone: 252.480.2224

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2022
  • Taxes: 4197.63

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2024
Sold by
Bought by
Current Estimated Value
$1,110,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,020,000
Outstanding Balance
$1,010,222
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$99,859

Purchase Details

Listed on
Jul 1, 2023
Closed on
Sep 22, 2023
Sold by
Bought by
Seller's Agent
John Head
Resort Realty - Frisco
Buyer's Agent
May Oo-Muuse
EXP Realty, LLC - Coastal
List Price
$997,000
Sold Price
$985,000
Premium/Discount to List
-$12,000
-1.2%
Views
361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.44%
Original Mortgage
$788,000
Interest Rate
6.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
-- None Listed On Document
$5,910,000 None Listed On Document
$764,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,020,000
Closed $1,020,000
Previous Owner $788,000
Previous Owner $288,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/22/2023 09/22/23 Sold $985,000 -1.2% $368 / Sq Ft
08/08/2023 08/08/23 Pending -- -- --
08/02/2023 08/02/23 For Sale $997,000 0.0% $372 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $997,000 -- $372 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,133 $1,000,600 $317,100 $683,500
2024 $2,029 $589,200 $213,800 $375,400
2023 $2,420 $604,216 $213,800 $390,416
2022 $2,420 $604,216 $213,800 $390,416
2021 $2,420 $604,216 $213,800 $390,416
2020 $2,420 $604,216 $213,800 $390,416
2019 $2,792 $575,100 $196,100 $379,000
2018 $2,792 $575,100 $196,100 $379,000
2017 $2,792 $575,100 $196,100 $379,000
2016 $2,554 $575,100 $196,100 $379,000
2014 $2,554 $575,100 $196,100 $379,000
Source: Public Records

Agents Affiliated with this Home

  • John Head

    Seller's Agent in 2023

    John Head

    Resort Realty - Frisco

    (252) 592-4629

    145 Total Sales

    John Head
    Section Image

  • M

    Buyer's Agent in 2023

    May Oo-Muuse

    EXP Realty, LLC - Coastal

    (804) 661-5752

    11 Total Sales

    May Oo-Muuse
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122669

Outer Banks Association of REALTORS®

APN: 031092000

North Carolina Dare County Nags Head 27959

111 E Forbes St, Nags Head, NC

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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