NOT LISTED FOR SALE

118 E Bark St Nags Head, NC 27959

Estimated Value: $766,000 - $1,058,000

5 Beds
4 Baths
2,420 Sq Ft
$364/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $530,000 $219 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,090/month

266 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Cottage
  • Wood Flooring
  • Granite Countertops
  • Fenced Yard

About This Home

As of August 2019

Classic historical Nags Head oceanfront cottage saved, relocated, restored, and updated with meticulous care and stewardship * Rare Opportunity to own a piece of history * Tax records indicate original house was built in 1914...Other reports put the date in the 20's...Either way. you can imagine the stories that have unfolded in this home over its life time * And now its your turn...* This home grossed over $50,000 Advertised Rent in 2018!!...with a fair amount of owner usage *

Last Agent to Sell the Property

David Weybright

Coastal Outer Banks Realty License #185816 Listed on: 10/17/2018

Last Buyer's Agent

Michael Siers

Howard Hanna Outer Banks Realt License #269494

Howard Hanna Outer Banks Realt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,187

Year Built

  • Built in 1914

Lot Details

  • Lot Dimensions are 53.67 x 150
  • Fenced Yard
  • Historic Home

Home Design

  • Cottage
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,420 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Sun Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Edwards Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,187

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Historic, Cottage
  • Directions: Turn east off Bypass on Bark St * House on left
  • Extras: Ceiling Fan(s), Fenced Yard, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Edwards Subdivision
  • Headline: Classic Historical Home
  • Heated Sq Ft: 2420
  • L V T Date: 10/17/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: More than 5th row
  • Zoning: r
  • Deed Book Pg Number: 635
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24808
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator
  • Bedrooms: 5
  • Countertops: Granite, Laminate
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Optional Rooms: Pantry

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

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

Lot Info

  • Lot Size: 53.67 x 150
  • Lot Number: Lot 9
  • Deed Book: 2048

Rental Info

  • Est Annual Rental Income: 50000
  • Estimated Rental Performance: 0.0943
  • Lease Terms: Variable
  • Rental Co: KEES Vacation Rentals

Building Info

  • Year Built: 1914

Tax Info

  • Year: 2018
  • Taxes: 2187

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2018
Closed on
Jul 31, 2019
Sold by
Zeman Pamela and Lilley James P
Bought by
Weitzman Joseph and Weitzman Lisa
Seller's Agent
David Weybright
Coastal Outer Banks Realty
Buyer's Agent
Michael Siers
Howard Hanna Outer Banks Realt
List Price
$550,000
Sold Price
$530,000
Premium/Discount to List
-$20,000
-3.64%
Current Estimated Value
$881,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,873
Avg. Annual Appreciation
9.44%
Original Mortgage
$424,000
Outstanding Balance
$372,150
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$548,298

Purchase Details

Listed on
Sep 12, 2014
Closed on
Sep 28, 2015
Sold by
Reed Thomas J
Bought by
Zeman Pamela and Lilley James Preston
Seller's Agent
David Weybright
Coastal Outer Banks Realty
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$139,900
Sold Price
$136,000
Premium/Discount to List
-$3,900
-2.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
42.38%

Purchase Details

Closed on
Mar 20, 2014
Sold by
Reed Thomas J
Bought by
Reed Thomas 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
Weitzman Joseph $530,000 --
Zeman Pamela $136,000 Attorney
Reed Thomas J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Weitzman Joseph $424,000
Previous Owner Zeman Pamela J $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $530,000 +1.0% $219 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
06/22/2019 06/22/19 Price Changed $525,000 -4.5% $217 / Sq Ft
10/17/2018 10/17/18 For Sale $550,000 +304.4% $227 / Sq Ft
09/28/2015 09/28/15 Sold $136,000 -2.8% --
07/28/2015 07/28/15 Pending -- -- --
09/12/2014 09/12/14 For Sale $139,900 -- --
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 $3,866 $510,900 $142,400 $368,500
2023 $2,097 $525,560 $142,400 $383,160
2022 $2,097 $525,560 $142,400 $383,160
2021 $3,628 $523,560 $142,400 $381,160
2020 $2,097 $523,560 $142,400 $381,160
2019 $1,323 $274,100 $125,000 $149,100
2018 $1,323 $274,100 $125,000 $149,100
2017 $1,323 $274,100 $125,000 $149,100
2016 $697 $162,000 $125,000 $37,000
2014 $871 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

  • David Weybright

    Seller's Agent in 2019

    David Weybright

    Coastal Outer Banks Realty

    (252) 305-2400

    11 in this area

    77 Total Sales

    David Weybright
    Section Image
  • Michael Siers

    Buyer's Agent in 2019

    Michael Siers

    Howard Hanna Outer Banks Realt

    (252) 489-3861

    79 in this area

    207 Total Sales

    Michael Siers
    Section Image

  • *

    Buyer's Agent in 2015

    * **Not a Member

    **Not a Member

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102348

Outer Banks Association of REALTORS®

APN: 006040000

North Carolina Dare County Nags Head 27959

118 E Bark St, Nags Head, NC

This home is located at 118 E Bark St, Nags Head, NC 27959 since 17 October 2018 and is currently estimated at $881,873, approximately $364 per square foot. This property was built in 1914. 118 E Bark St 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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