NOT LISTED FOR SALE

116 S Old Cove Rd Nags Head, NC 27959

Estimated Value: $454,000 - $609,000

4 Beds
2 Baths
1,176 Sq Ft
$423/Sq Ft Est. Value

About This Home

This home is located at 116 S Old Cove Rd, Nags Head, NC 27959 and is currently estimated at $497,187, approximately $422 per square foot. 116 S Old Cove Rd is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2025
Sold by
Margaret Jean Smith Revocable Trust and Smith Margaret Jean
Bought by
Parks Douglas R and Parks Leigh Anne
Current Estimated Value
$510,445

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$175,000
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$322,187

Purchase Details

Closed on
May 3, 2024
Sold by
David F Smith Revocable Trust and Smith Margaret Jean
Bought by
Margaret Jean Smith Revocable Trust and Smith

Purchase Details

Closed on
Jun 10, 2015
Sold by
Smith David F and Smith Margaret Jean
Bought by
Smith David F and David F Smith Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Parks Douglas R $444,000 None Listed On Document
Parks Douglas R $444,000 None Listed On Document
Margaret Jean Smith Revocable Trust -- None Listed On Document
Smith David F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Parks Douglas R $175,000
Closed Parks Douglas R $175,000
Source: Public Records

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 $816 $247,300 $92,300 $155,000
2023 $990 $247,300 $92,300 $155,000
2022 $990 $247,300 $92,300 $155,000
2021 $990 $247,300 $92,300 $155,000
2020 $990 $247,300 $92,300 $155,000
2019 $752 $159,900 $65,500 $94,400
2018 $752 $159,900 $65,500 $94,400
2017 $752 $159,900 $65,500 $94,400
2016 $688 $159,900 $65,500 $94,400
2014 $427 $159,900 $65,500 $94,400
Source: Public Records

Map

North Carolina Dare County Nags Head 27959

116 S Old Cove Rd, Nags Head, NC

This home is located at 116 S Old Cove Rd, Nags Head, NC 27959 and is currently estimated at $497,187, approximately $422 per square foot. 116 S Old Cove Rd is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

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