NOT LISTED FOR SALE

117 E Limulus Dr Nags Head, NC 27959

Estimated Value: $765,421 - $881,000

4 Beds
2 Baths
1,352 Sq Ft
$606/Sq Ft Est. Value

Last Sold September 08, 2020

Last sale price $500,000 $370 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,634/month

15 Days on Market

Highlights

  • Ocean Front
  • Spa
  • Cathedral Ceiling
  • Beach Access
  • Coastal Architecture
  • Marble Countertops

About This Home

As of September 2020

Views! Views! Views! Literally just steps to the beach access! Amazing views of the Atlantic Ocean from inside home & Especially from the sun decks - Panoramic and Unobstructed *** Home faces South & East for maximum Sun! *** Home features 2 levels of living ... level 2 great room features open great room (Living, Dining & Kitchen) w/ lots of windows to catch fabulous natural Sunlight *** den off great room features foosball table - so this is purposed as a game room ... but could also make a great den or Home Office! *** Level 2 features 4 Bedrooms & 2 Full Baths *** Level 1 features ground level 1 Car Carport ... in the carport area you will find underneath the home several large built-in Storage Spaces - great for storing fun beach stuff! also there is an enclosed outside shower *** See VRBO #383626 Rental Ad starting here: 4 Bedrooms, 2 Baths (Sleeps maximum of 8) We are proud to offer our property for rent on a WEEKLY basis from Saturday to Saturday. Our cottage is meticulously maintained. It has been newly updated inside and out, including new furnishings and comfortable deck furniture! Please make sure to review the wonderful reviews posted by our previous guests. Central air/heat, dishwasher, washer, dryer, microwave, (5) TVs, (2) DVD players, Stereo with CD Player, highchair, foosball and game table in loft, HOT TUB, sundeck, deck furniture, gas grill, enclosed outside shower. Located just past the 20 Mile Post. ONLY ONE LOT FROM THE BEACH!!! Enjoy Oceanfront Views and Access without the Oceanfront Price!! Bedding feature: 2 Queens, 3 Twins & 1 Pyramid Bunk (Full on bottom & twin on Top) TOP LEVEL: Living, Dining, Kitchen Area with Sliding Glass Doors to Open Sundeck. Game Room with Foosball and Game Table LOWER LEVEL: (2) Bedrooms with Queen beds, (1) Bedroom with a Pyramid Bunk Bed (Full on bottom & twin on Top)as well as another Twin & (1) Bedroom with 2 Twins, There are also 2 Full Baths on this level. Come and enjoy a relaxing South Nags Head vacation. 'Good Day Sunshine!' is beautifully furnished and decorated where you can relax in peace and quiet. Whether you're watching the waves of the Atlantic Ocean, the dolphins or pelicans playing, or the beautiful sunrises, you will be inspired by the views. The beach is literally next door. It begins only about 75 feet from the end of your driveway. You will enjoy direct access to one of the best stretches of beach in Nags Head that is far less crowded and quiet. You even have the added security of a Nags Head Lifeguard Station positioned directly at the end of our street. That offers great piece of mind, especially with little ones. Escape the crowds and the noise you will find near the 'Big Road'. Walk the beach early in the morning to find beautiful sea shells or sea glass (our favorite). The wide sand beaches of South Nags Head are some of the cleanest beaches on the Outer Banks. Come sit, read a book, sunbathe, or enjoy a meal on our spacious and comfortable sun deck. The Family room has a flat screen TV with DVD player, board games and stereo. The Kitchen has plenty of updated cabinets with granite counter tops and has all the modern conveniences of home with a sealed top range, Microwave, dishwasher and a refrigerator. There are plenty of cooking utensils and silverware. A storage area is located under the house for storage of your beach items. A foot wash is located adjacent to the stairs. A gas grill is located on the deck just outside the sliding glass doors. An enclosed outside shower with hot and cold water is located on the ground level. Just at the end of our street that extends for 6 miles along Old Oregon Inlet Road. End VRBO Ad *** Home Rents weekly during Season & is an excellent income producer w/ 2019 Owner Rents in at $48,160 and 2020 YTD as of 7/22 in at $42,721 *** Fully Furnished! Ready to Enjoy! Come see ...

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 07/17/2020

Coldwell Banker Seaside Realty KH

Co-Listed By

Debbie Knieper

Coldwell Banker Seaside Realty KH License #199613

Last Buyer's Agent

Michelle Huffman

Huffman Coastal Properties License #205638

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,212

Year Built

  • Built in 1984

Lot Details

  • 9,102 Sq Ft Lot
  • Lot Dimensions are 82 x 111
  • Ocean Front
  • Cul-De-Sac
  • Level Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,352 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Exterior Lighting

Utilities

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

Community Details

  • High Dunes S. Subdivision

Listing and Financial Details

  • Tax Lot 12

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,212

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Coastal, Cottage
  • Directions: SOUTH ON OLD OREGON INLET ROAD ... EAST ON E. LIMULUS DRIVE - HOME ON LEFT ...
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: AE, VE
  • Subdivision Name: HIGH DUNES SOUTH
  • Headline: 1 BACK FROM OCEANFRONT! VIEWS!
  • Heated Sq Ft: 1352
  • L V T Date: 07/25/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R
  • Deed Book Pg Number: 0224
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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, Washer
  • Bedrooms: 4
  • Kitchen: GREAT ROOM, On Level: 2
  • Countertops: Granite, Marble
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Washer Connection
  • Living Room: GREAT ROOM, On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 83
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached, Carport
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 9102
  • Lot Description: Cul-de-sac, Level
  • Lot Faces: SOUTH AND EAST
  • Lot Size: 82 X 111
  • Lot Number: Lot 12
  • Estimated Lot Size: 0.21
  • Deed Book: 1808

Rental Info

  • Lease Terms: Weekly
  • Rental Co: VRBO
  • Rental Cottage Name: Good Day Sunshine
  • Rental Cottage Number: 383626
  • Rental Turnover Day: Saturday
  • Rental Contact Name: VRBO # 383626 ... OWNER MANAGED

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2019
  • Taxes: 3212

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2020
Closed on
Sep 8, 2020
Sold by
Stallings Aaron L and Stallings Kimberly D
Bought by
Stamm Scott and Stamm Kelli
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Michelle Huffman
Huffman Coastal Properties
List Price
$499,900
Sold Price
$500,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$818,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$318,855
Avg. Annual Appreciation
9.60%
Original Mortgage
$450,000
Outstanding Balance
$399,182
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$419,673

Purchase Details

Closed on
Jun 12, 2009
Sold by
Phillips Ronald D and Phillips Karen S
Bought by
Stallings Aaron L and Stallings Kimberly D

Purchase Details

Closed on
Oct 10, 2005
Sold by
Fay John F and Fay Arline M
Bought by
Phillips Ronald D and Phillips Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
5.71%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Value Increase
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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

Date Buyer Sale Price Title Company
Stamm Scott $500,000 None Available
Stallings Aaron L $299,000 None Available
Phillips Ronald D $515,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stamm Scott $450,000
Previous Owner Phillips Ronald D $412,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2020 09/08/20 Sold $500,000 0.0% $370 / Sq Ft
08/01/2020 08/01/20 Pending -- -- --
07/17/2020 07/17/20 For Sale $499,900 -- $370 / Sq Ft
Source: Outer Banks Association of REALTORS®

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
2025 $4,525 $752,500 $544,500 $208,000
2024 $4,025 $448,500 $287,100 $161,400
2023 $1,822 $454,956 $287,100 $167,856
2022 $1,822 $454,956 $287,100 $167,856
2021 $1,822 $454,956 $287,100 $167,856
2020 $3,426 $454,956 $287,100 $167,856
2019 $1,569 $328,600 $222,400 $106,200
2018 $1,569 $328,600 $222,400 $106,200
2017 $1,569 $328,600 $222,400 $106,200
2016 $1,436 $328,600 $222,400 $106,200
2014 $3,100 $328,600 $222,400 $106,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110263

Outer Banks Association of REALTORS®

APN: 007394000