NOT LISTED FOR SALE

112 Dare Dr Unit 1 Nags Head, NC 27959

Estimated Value: $825,000 - $1,040,000

4 Beds
2 Baths
1,300 Sq Ft
$687/Sq Ft Est. Value

Last Sold July 24, 2014

Last sale price $430,000 $331 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,264/month

295 Days on Market

Highlights

  • Beach Front
  • Contemporary Architecture
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Covered Deck

About This Home

As of July 2014

Oceanfront on a budget. Perched on a stable dune with wide beach frontage. This well planned one level open floor design does not waste space. Bedrooms are off the main living area forming a contemporary H layout. Both sets of bedrooms are separated by roomy bathrooms. The great room features the living, dining and kitchen areas great for that Old Nags Head family get together. The kitchen features newer appliances. But the stars are the custom built solid wood cabinets. These cabinets were the 7th job produced from Cozy Kitchens which they are well into the 1000's now. The ocean side features a brand new two level deck. The lower level is dry and the upper level is great for tanning or an extended view. This unit has everything you and your renters will need. Relax on the back deck or walk down to the waters edge and see if the fish are biting. Close proximity to the locals favorite Outer Banks Pier, home of Fish Heads. Make sure you put this home on your list!

Last Agent to Sell the Property

Andrew Hawbaker

EXP Realty, LLC - Coastal License #270761 Listed on: 08/22/2013

EXP Realty, LLC - Coastal

Last Buyer's Agent

Lauren Rickard

Coldwell Banker Seaside Realty KH License #269694

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,166

Year Built

  • Built in 1982

Lot Details

  • 7,000 Sq Ft Lot
  • Beach Front
  • Level Lot

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,300 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Ocean Views
  • Washer

Kitchen

  • Oven or Range
  • Plumbed For Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Tuck Under Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Covered Deck

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Nags Head South Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,166

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: South on Old Oregon Inlet Road. Dare Drive is on the right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Shower
  • Flood Zone: VE
  • Headline: Maximized Space and View!
  • Heated Sq Ft: 1300
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 0382
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Washer Connection

Exterior Features

  • Construction: Frame
  • Exterior: Aluminum, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 7000
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Deed Book: 1571

Rental Info

  • Est Annual Rental Income: 35000
  • Estimated Rental Performance: 0.0814
  • Other Expenses: 80400
  • Rental Co: Kitty Dunes Realty
  • Rental Cottage Number: 0508
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2013
  • Taxes: 1166.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2013
Closed on
Jul 24, 2014
Sold by
Hall John B and Hall Jill A
Bought by
Rickard Steven C and Rickard Lauren A
Seller's Agent
Andrew Hawbaker
EXP Realty, LLC - Coastal
Buyer's Agent
Lauren Rickard
Coldwell Banker Seaside Realty KH
List Price
$479,000
Sold Price
$430,000
Premium/Discount to List
-$49,000
-10.23%
Current Estimated Value
$893,191

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$463,191
Avg. Annual Appreciation
6.75%
Original Mortgage
$270,000
Outstanding Balance
$89,258
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$798,477
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Rickard Steven C -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rickard Steven C $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2014 07/24/14 Sold $430,000 -10.2% $331 / Sq Ft
06/13/2014 06/13/14 Pending -- -- --
08/22/2013 08/22/13 For Sale $479,000 -- $368 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $4,762 $525,500 $218,500 $307,000
2023 $2,154 $537,780 $218,500 $319,280
2022 $2,154 $537,780 $218,500 $319,280
2021 $2,154 $537,780 $218,500 $319,280
2020 $2,154 $537,780 $218,500 $319,280
2019 $1,288 $264,900 $80,400 $184,500
2018 $1,288 $264,900 $80,400 $184,500
2017 $1,288 $264,900 $80,400 $184,500
2016 $1,179 $264,900 $80,400 $184,500
2014 $1,362 $264,900 $80,400 $184,500
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    Andrew Hawbaker

    EXP Realty, LLC - Coastal

    Section Image
  • Lauren Rickard

    Buyer's Agent in 2014

    Lauren Rickard

    Coldwell Banker Seaside Realty KH

    (252) 202-3519

    10 in this area

    57 Total Sales

    Lauren Rickard
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80298

Outer Banks Association of REALTORS®

APN: 007945000

North Carolina Dare County Nags Head 27959

112 Dare Dr Unit 1, Nags Head, NC

This home is located at 112 Dare Dr Unit 1, Nags Head, NC 27959 since 22 August 2013 and is currently estimated at $893,191, approximately $687 per square foot. This property was built in 1982. 112 Dare Dr Unit 1 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.
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