NOT LISTED FOR SALE

118 W Forbes St Nags Head, NC 27959

Estimated Value: $420,000 - $580,000

3 Beds
2 Baths
1,156 Sq Ft
$420/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $199,000 $172 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $2,798/month

161 Days on Market

Highlights

  • Views of a Sound
  • Furnished
  • En-Suite Primary Bedroom
  • Beach Box Architecture
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of March 2016

TURN KEY! Charming, affordable beach cottage in excellent condition. Totally and newly furnished this past year. Short distance to the beach, diagonally across the street to public beach access, parking and public restroom. Nags Head Pier is also close. Great location for restaurants, mini golf, Tangier Outlet stores. Last house on a short dead end street... so quiet no thru traffic. Views of causeway bridge and sound. MOTIVATED SELLERS BRING ALL OFFERS

Last Agent to Sell the Property

Linda Meurer

WatersEdge Realty License #176054 Listed on: 09/30/2015

Last Buyer's Agent

Eleanor Price

Default, Office License #130688

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,284

Year Built

  • Built in 2007

Lot Details

  • Level Lot

Parking

  • Paved Parking

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,156 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Views of a Sound

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Whalebone Bchs Subdivision

Listing and Financial Details

  • Tax Lot lot 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,284

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Close to MPH 15.5 just after Shell Station and before Full Throttle across from Subway
  • Extras: Ceiling Fan(s)
  • Headline: REDUCED MOTIVATED !!!
  • Heated Sq Ft: 1156
  • Roads: Paved
  • Sale/Rent: For Sale
  • Zoning: res
  • Deed Book Pg Number: 0895
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite, Pantry

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Sound

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Lot Info

  • Lot Description: Level
  • Lot Number: lot 8
  • Deed Book: 1980

Rental Info

  • Est Annual Rental Income: 17000
  • Estimated Rental Performance: 0.0854
  • Rental Co: VRBO

Building Info

  • Year Built: 2007

Tax Info

  • Year: 2014
  • Taxes: 1283.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2015
Closed on
Mar 18, 2016
Sold by
Brandle Joey Eugene and Garcia Vicaria Jimenez
Bought by
Perez Victoriano Gonzalez
Seller's Agent
Linda Meurer
WatersEdge Realty
Buyer's Agent
Eleanor Price
Default, Office
List Price
$215,000
Sold Price
$199,000
Premium/Discount to List
-$16,000
-7.44%
Current Estimated Value
$485,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,160
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Jul 11, 2007
Sold by
Silman Land Company Llc
Bought by
Lyons Bret A and Davis Thayer B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
6.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Perez Victoriano Gonzalez $199,000 Attorney
Lyons Bret A $225,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brandle Joey Eugene $164,700
Previous Owner Lyons Bret A $221,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2016 03/18/16 Sold $199,000 -7.4% $172 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
09/30/2015 09/30/15 For Sale $215,000 +17.5% $186 / Sq Ft
10/10/2014 10/10/14 Sold $183,000 -2.1% $158 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
04/09/2014 04/09/14 For Sale $187,000 -- $162 / 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 $1,844 $245,000 $77,600 $167,400
2023 $1,008 $251,696 $77,600 $174,096
2022 $1,008 $251,696 $77,600 $174,096
2021 $1,008 $251,696 $77,600 $174,096
2020 $1,008 $251,696 $77,600 $174,096
2019 $893 $184,200 $68,400 $115,800
2018 $893 $184,200 $68,400 $115,800
2017 $893 $184,200 $68,400 $115,800
2016 $817 $184,200 $68,400 $115,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Linda Meurer

    WatersEdge Realty

    Section Image

  • E

    Buyer's Agent in 2016

    Eleanor Price

    Default, Office

  • Joanne Kepler

    Seller's Agent in 2014

    Joanne Kepler

    Beach Realty & Construction- Corolla

    (252) 207-8420

    8 in this area

    66 Total Sales

    Joanne Kepler
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89767

Outer Banks Association of REALTORS®

APN: 012415001

North Carolina Dare County Nags Head 27959

118 W Forbes St, Nags Head, NC

This home is located at 118 W Forbes St, Nags Head, NC 27959 since 30 September 2015 and is currently estimated at $485,160, approximately $419 per square foot. This property was built in 2007. 118 W Forbes 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.
Information is deemed reliable but not guaranteed.

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