NOT LISTED FOR SALE

202 E Small St Nags Head, NC 27959

Estimated Value: $703,000 - $1,180,000

9 Beds
5 Baths
2,590 Sq Ft
$358/Sq Ft Est. Value

Last Sold August 01, 2022

Last sale price $1,002,000 $387 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,351/month

21 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Tile Flooring
  • Beach Box Architecture
  • Covered Deck
  • Forced Air Heating and Cooling System

About This Home

As of August 2022

One of the few remaining cottage courts in Nags Head, featuring 4 rental homes (2 ocean-front and 2 ocean-side). These Outer Banks vacation homes feature a prime Nags Head location with immediate ocean access and close to the restaurants, shopping, water sports, and more! With a faithful rental history of guests who return year after year, these homes have established a strong rental demand. 304 - 3 Bedroom, 1 Bathroom Ocean-Front Rental - Recent upgrades include a remodeled kitchen, new flooring, and updated bedroom and living room furniture. 104 - 1 Bedroom, 1 Bathroom Ocean-Front Rental - Recent upgrades include new flooring, new bedroom and living room furniture, new hot water heater. 204 - 2 Bedroom, 1 Bathroom Ocean-Side Rental 404 - 3 Bedroom, 2 Bathroom Ocean-Side Rental Sold as Is Where Is. The owner is offering seller financing on this home with 15% down, 6% APR, on a 30-year loan.

Last Agent to Sell the Property

Amina Sansotta

Howard Hanna Outer Banks Realt License #288142 Listed on: 06/20/2022

Howard Hanna Outer Banks Realt

Last Buyer's Agent

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119

Coldwell Banker Seaside Realty KH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,660

Year Built

  • Built in 1965

Lot Details

  • 10,500 Sq Ft Lot
  • Ocean Front
  • Property fronts a private road
  • Unpaved Streets

Home Design

  • Beach Box Architecture
  • Slab Foundation
  • Piling Construction

Interior Spaces

  • 2,590 Sq Ft Home
  • Furnished
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Full Bathrooms

Parking

  • Unpaved Parking
  • Parking Lot

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Nags Head Beach Subdivision

Listing and Financial Details

  • Tax Lot #12a

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,660

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Rental homes are located on Small Street, which is also a public beach access. Please park next to rental homes and not in public beach access or neighbor's parking lot. Parking is on compact sand, so 4x4 vehicles are recommended.
  • Extras: Covered Decks, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: NAGS HEAD BEACH PLAT A
  • Headline: Oceanfront Cottage Court!
  • Heated Sq Ft: 2590
  • L V T Date: 06/20/2022
  • Roads: Private, Unpaved
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0341
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3786
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator
  • Bedrooms: 9
  • Floor Coverings: Carpet, Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes

Exterior Features

  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Unpaved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 10500
  • Lot Number: Lot #12a
  • Estimated Lot Size: 0.24
  • Deed Book: 2046

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Cove Realty
  • Rental Cottage Name: Sea Breeze104,204,304,404
  • Rental Cottage Number: Seabreezes
  • Rental Phone Number: 252-441-6391
  • Rental Turnover Day: Sunday
  • Rental Contact Email: info@coverealty.com
  • Rental Contact Name: Cove Realty
  • Rental Contact Phone: 252-441-6391

Building Info

  • Year Built: 1965

Tax Info

  • Year: 2021
  • Taxes: 3660.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 30, 2023
Sold by
Correct Creative Llc
Bought by
Flintlock Holdings & Investments Spindthrift
Current Estimated Value
$928,443

Purchase Details

Closed on
Nov 17, 2022
Sold by
Sansotta Roc F and Sansotta Amira L
Bought by
Correct Creative Llc

Purchase Details

Listed on
Jun 20, 2022
Closed on
Aug 1, 2022
Sold by
Sansotta Roc F and Sansotta Amira L
Bought by
Correct Creative Llc
Seller's Agent
Amina Sansotta
Howard Hanna Outer Banks Realt
Buyer's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
List Price
$1,250,000
Sold Price
$1,002,000
Premium/Discount to List
-$248,000
-19.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.50%

Purchase Details

Closed on
Sep 14, 2015
Sold by
Sansotta Roc and Sansotta Amira L
Bought by
Sansotta Roc F
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
Flintlock Holdings & Investments Spindthrift -- --
Correct Creative Llc -- --
Correct Creative Llc $5,010,000 Alarney & Mccown Pllc
Sansotta Roc F -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Correct Creative Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $1,002,000 +5.5% $387 / Sq Ft
07/11/2022 07/11/22 Pending -- -- --
07/07/2022 07/07/22 Price Changed $950,000 -24.0% $367 / Sq Ft
06/20/2022 06/20/22 For Sale $1,250,000 -- $483 / 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 $2,671 $462,100 $286,900 $175,200
2023 $2,518 $437,804 $286,900 $150,904
2022 $1,753 $437,804 $286,900 $150,904
2021 $3,660 $437,804 $286,900 $150,904
2020 $1,753 $437,804 $286,900 $150,904
2019 $1,691 $355,200 $263,300 $91,900
2018 $1,691 $355,200 $263,300 $91,900
2017 $1,691 $355,200 $263,300 $91,900
2016 $1,547 $355,200 $263,300 $91,900
2014 $3,335 $355,200 $263,300 $91,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119358

Outer Banks Association of REALTORS®

APN: 008662000