NOT LISTED FOR SALE

118 W Old Cove Rd Nags Head, NC 27959

Estimated Value: $451,000 - $572,000

3 Beds
1.5 Baths
1,128 Sq Ft
$436/Sq Ft Est. Value

Last Sold July 28, 2020

Last sale price $275,000 $244 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $2,805/month

About This Home

As of July 2020

Cute, single-level cottage in the charming Old Nags Head Cove. New windows and cedar shake siding in 2014, new paint throughout. Large, enclosed, outdoor shower and large wraparound deck! All appliances convey.

Last Agent to Sell the Property

Kate Harrell

Harrell & Associates License #281194 Listed on: 05/24/2020

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

  • $721

Year Built

  • Built in 1974

Lot Details

  • 7,500 Sq Ft Lot

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • 1,128 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms

Community Details

  • Old Nags Head Cove Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$721

Year Built

Built in 1974

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Class: RESIDENTIAL
  • Headline: Cozy Cottage in Old NH Cove
  • Heated Sq Ft: 1128
  • L V T Date: 05/26/2020
  • Sale/Rent: For Sale
  • Section: A
  • Zoning: res
  • Deed Book Pg Number: 0119
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10129
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 240

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.17
  • Deed Book: WB 20 E

Building Info

  • Year Built: 1974

Tax Info

  • Year: 2019
  • Taxes: 721.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2020
Closed on
Jul 14, 2020
Sold by
Glaser Shannon Toler and Glaser Edward
Bought by
Siers Stacey B
Seller's Agent
Kate Harrell
Harrell & Associates
Buyer's Agent
Michael Siers
Howard Hanna Outer Banks Realt
List Price
$179,000
Sold Price
$275,000
Premium/Discount to List
$96,000
53.63%
Current Estimated Value
$483,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,655
Avg. Annual Appreciation
12.17%
Original Mortgage
$233,750
Outstanding Balance
$209,926
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$281,743

Purchase Details

Listed on
Apr 20, 2012
Closed on
Jun 4, 2012
Sold by
Moore Susan
Bought by
Toler Sindey Blaine
Seller's Agent
Dawn Stultz
Blue Horizon Realty
Buyer's Agent
Buzz Hutchison
Default, Office
List Price
$179,000
Sold Price
$170,000
Premium/Discount to List
-$9,000
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.09%
Original Mortgage
$136,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2007
Sold by
Bluestein Frank
Bought by
Moore Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Siers Stacey B $275,000 None Available
Toler Sindey Blaine $170,000 None Available
Moore Susan $175,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siers Stacey B $233,750
Previous Owner Toler Sindey Blaine $136,000
Previous Owner Moore Susan $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2020 07/28/20 Sold $275,000 -1.4% $244 / Sq Ft
05/26/2020 05/26/20 Price Changed $279,000 +55.9% $247 / Sq Ft
05/24/2020 05/24/20 Pending -- -- --
05/24/2020 05/24/20 For Sale $179,000 +5.3% $159 / Sq Ft
06/13/2012 06/13/12 Sold $170,000 -5.0% $155 / Sq Ft
05/03/2012 05/03/12 Pending -- -- --
04/20/2012 04/20/12 For Sale $179,000 -- $163 / 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 $1,799 $246,300 $92,300 $154,000
2023 $986 $246,300 $92,300 $154,000
2022 $986 $246,300 $92,300 $154,000
2021 $986 $246,300 $92,300 $154,000
2020 $870 $217,300 $92,300 $125,000
2019 $721 $149,000 $65,500 $83,500
2018 $724 $149,000 $65,500 $83,500
2017 $700 $149,000 $65,500 $83,500
2016 $641 $149,000 $65,500 $83,500
2014 $580 $134,800 $65,500 $69,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109416

Outer Banks Association of REALTORS®

APN: 006134000