NOT LISTED FOR SALE

112 W Old Cove Rd Nags Head, NC 27959

Estimated Value: $601,000 - $690,000

4 Beds
3 Baths
2,414 Sq Ft
$270/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $575,000 $238 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $3,769/month

6 Days on Market

Highlights

  • Boat Dock
  • Rooftop Deck
  • Clubhouse
  • Outdoor Pool
  • Second Refrigerator
  • Beach Box Architecture

About This Home

As of June 2023

A well located classy beach box that has wonderful natural light and a great floor plan. Upstairs offers 3 bedrooms, 2 baths, including a large en suite bedroom. On the ground level is a 4th bedroom and a full bath, kitchenette, office and pool room. The layout provides private space for all. Extensive decking and cozy patio invite outdoor sitting. There are entrance doors on both levels. This desirable home is a short distance to public ocean and sound accesses, restaurants and shopping. Enjoy the community Soundside pool ($55/year + usage) and boat ramp ($40/year). Perfect for a year-round living or as a rental. 2021 and 2022 rental via VRBO.

Last Agent to Sell the Property

Connie Burke

Coastal Carolina Vacations License #220597 Listed on: 05/11/2023

Last Buyer's Agent

Ashley Contristan

Keller Williams - Outer Banks License #279611

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,565

Year Built

  • Built in 1975

Lot Details

  • Landscaped
  • Level Lot
  • Property is zoned R2

HOA Fees

  • $16 Monthly HOA Fees

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,414 Sq Ft Home
  • Partially Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Bay Window

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Patio

Utilities

  • Zoned Heating
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance
  • Brenda Lowe Association, Phone Number (252) 207-6403
  • Old Nags Head Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,565

Year Built

Built in 1975

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: West on Cove St, house is short distance on right.
  • Extras: Ceiling Fan(s), Covered Decks, Garage Door Opener, Landscaped, Outside Shower, Patio, Smoke Detector(s), Storm Doors, Sun Deck, Roof Top Deck, Dry Entry
  • Flood Zone: X
  • Headline: Classy Beach Box
  • Heated Sq Ft: 2414
  • L V T Date: 05/11/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: B
  • Zoning: R2
  • Advertised Income 2021: 43018
  • Advertised Income 2022: 37800
  • Deed Book Pg Number: 0832
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C34867
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Partial
  • Interior Amenities: All Window Treatments, Bay/Bow Window, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Ensuite, Walk in Closet, Washer Connection
  • Optional Rooms: Office

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Attached, 1 Car

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance
  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool, Playground
  • Association Fee: Voluntary - Restrictive Covenants May Apply
  • Estimated Annual Fee: 195
  • Hoa Contact: Brenda Lowe
  • HOA Contact: 252-207-6403

Lot Info

  • Lot Description: Level
  • Lot Number: Lot1
  • Deed Book: 2428

Building Info

  • Year Built: 1975

Tax Info

  • Year: 2022
  • Taxes: 2565

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Jun 14, 2023
Sold by
Gillam Commercial Properties Llc
Bought by
Osborn Jonathan and Osborn Megan
Seller's Agent
Connie Burke
Coastal Carolina Vacations
Buyer's Agent
Ashley Contristan
Keller Williams - Outer Banks
List Price
$575,000
Sold Price
$575,000
Views
92
Current Estimated Value
$652,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,215
Avg. Annual Appreciation
5.84%
Original Mortgage
$431,250
Outstanding Balance
$417,627
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$234,588

Purchase Details

Closed on
Sep 28, 2021
Sold by
Hall Carroll Gillam and Crittenden Bradley Alexander
Bought by
Gillam Commercial Properties Llc

Purchase Details

Listed on
Sep 18, 2020
Closed on
Oct 13, 2020
Sold by
Enzos Endless Summer Llc
Bought by
Crittenden Bradley A and Hall Carroll G
Seller's Agent
Heather McLay
Landmark Sotheby's International Realty
Buyer's Agent
Connie Burke
Coastal Carolina Vacations
List Price
$369,000
Sold Price
$306,000
Premium/Discount to List
-$63,000
-17.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.85%

Purchase Details

Closed on
Mar 10, 2016
Sold by
Foti Joe
Bought by
Enzos Endless Summer Llc

Purchase Details

Closed on
Dec 30, 2015
Sold by
Ingle Grady I
Bought by
Foti Joe

Purchase Details

Closed on
May 29, 2012
Sold by
Midgett Rhonda K and Caleo Shirl J
Bought by
Caleo Shirl J

Purchase Details

Closed on
May 11, 2009
Sold by
Caleo Shirl J
Bought by
Midgett Rhonda K and Caleo Shirl J

Purchase Details

Closed on
Dec 20, 2005
Sold by
Midgett Rhonda K
Bought by
Caleo Shirl J
Source: Public Records

Range of Values:

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Average Value
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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
Osborn Jonathan $3,450,000 None Listed On Document
Gillam Commercial Properties Llc -- None Available
Crittenden Bradley A $306,000 None Available
Enzos Endless Summer Llc -- Attorney
Foti Joe $141,000 Attorney
Caleo Shirl J -- None Available
Midgett Rhonda K -- None Available
Caleo Shirl J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Osborn Jonathan $431,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $575,000 0.0% $238 / Sq Ft
05/17/2023 05/17/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $575,000 +87.9% $238 / Sq Ft
10/29/2020 10/29/20 Sold $306,000 -17.1% $127 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
09/18/2020 09/18/20 For Sale $369,000 -- $153 / 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 $2,724 $361,100 $93,500 $267,600
2023 $1,489 $371,804 $93,500 $278,304
2022 $1,489 $371,804 $93,500 $278,304
2021 $1,489 $371,804 $93,500 $278,304
2020 $1,489 $371,804 $93,500 $278,304
2019 $1,026 $211,000 $66,400 $144,600
2018 $1,026 $211,000 $66,400 $144,600
2017 $1,026 $211,000 $66,400 $144,600
2016 $907 $211,000 $66,400 $144,600
2014 $1,471 $211,000 $66,400 $144,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122216

Outer Banks Association of REALTORS®

APN: 006256000