NOT LISTED FOR SALE

208 E Ario St Nags Head, NC 27959

Estimated Value: $578,000 - $2,648,109

3 Beds
2 Baths
1,036 Sq Ft
$1,078/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $287,500 $278 Per Sq Ft

Est. 289% increase in value since last sale

Current estimated payment $5,885/month

53 Days on Market

Highlights

  • Saltbox Architecture
  • Furnished
  • Outdoor Shower
  • Cathedral Ceiling
  • Covered Deck
  • Ceramic Tile Flooring

About This Home

As of February 2019

IDEAL LOCATION (only 4 lots off the ocean) between TWO GREAT BEACH ACCESSES and within easy walking distance to numerous activities and restaurants. This classic beach cottage will not disappoint with THREE SPACIOUS BEDROOMS, TWO BATHS and living area featuring a CATHEDRAL CEILINGS. Both bathrooms as well as the kitchen boast upgraded tile floors. Multiple decks and covered sitting areas ensure that you will be able to enjoy the great Outer Banks weather. You will find an outdoor shower and laundry room with storage area perfect for all the beach toys on the ground floor. This lovely property has been used as a second home for years but would also make a great weekly rental. CHECK OUT THE RENTAL PROJECTION OF $22,710!

Last Agent to Sell the Property

Tammy Russell

Keller Williams - Outer Banks License #152164 Listed on: 11/16/2018

Keller Williams - Outer Banks

Last Buyer's Agent

Stacy Siers

Howard Hanna Outer Banks Realty License #253800

Howard Hanna Outer Banks Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,890

Year Built

  • Built in 1987

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 50x100
  • Level Lot

Home Design

  • Saltbox Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,036 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Storm Doors

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Covered Deck

Utilities

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

Community Details

  • Mosier Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 10 / 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,890

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Saltbox
  • Directions: Turn onto E Ario St. then south on Wrightsville. Ario is the first road on the left.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Shower, Storm Doors
  • Flood Zone: AE
  • Subdivision Name: Mosier Shores
  • Headline: GREAT BEACH ACCESS!
  • Heated Sq Ft: 1036
  • L V T Date: 11/16/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: RES
  • Deed Book Pg Number: 0269
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3297
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Washer Connection

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 600

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Level
  • Lot Size: 50x100
  • Lot Number: Lot 10
  • Estimated Lot Size: 0.11
  • Deed Book: 1775

Rental Info

  • Est Annual Rental Income: 22710
  • Estimated Rental Performance: 0.079
  • Flood Expenses: 500
  • Annual Electric: 1200
  • Annual Water Expense: 180

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2018
  • Taxes: 1890.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2018
Closed on
Jan 28, 2019
Sold by
Ross David H and Ross Lynette W
Bought by
Thomas Jeremy S and Thomas Jackie B
Seller's Agent
Tammy Russell
Keller Williams - Outer Banks
Buyer's Agent
Stacy Siers
Howard Hanna Outer Banks Realty
List Price
$315,000
Sold Price
$287,500
Premium/Discount to List
-$27,500
-8.73%
Current Estimated Value
$1,117,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$829,527
Avg. Annual Appreciation
21.57%
Original Mortgage
$258,750
Outstanding Balance
$226,560
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$890,467

Purchase Details

Closed on
Jul 31, 2008
Sold by
Floyd Claude R and Floyd Angie F
Bought by
Ross David H and Ross Lynette W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$267,560
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Thomas Jeremy S $1,437,500 --
Ross David H $334,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Jeremy S $258,750
Previous Owner Ross David H $267,560
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $287,500 -8.7% $278 / Sq Ft
01/08/2019 01/08/19 Pending -- -- --
11/16/2018 11/16/18 For Sale $315,000 -- $304 / 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
2025 $1,225 $527,900 $342,600 $185,300
2024 $1,049 $313,200 $169,700 $143,500
2023 $1,049 $313,200 $169,700 $143,500
2022 $1,254 $313,200 $169,700 $143,500
2021 $1,254 $313,200 $169,700 $143,500
2020 $1,277 $318,940 $169,700 $149,240
2019 $1,156 $241,000 $142,100 $98,900
2018 $1,158 $241,000 $142,100 $98,900
2017 $1,158 $241,000 $142,100 $98,900
2016 $1,058 $241,000 $142,100 $98,900
2014 $1,718 $241,000 $142,100 $98,900
Source: Public Records

Agents Affiliated with this Home

  • Tammy Russell

    Seller's Agent in 2019

    Tammy Russell

    Keller Williams - Outer Banks

    (252) 489-8054

    21 in this area

    139 Total Sales

    Tammy Russell
    Section Image
  • Stacy Siers

    Buyer's Agent in 2019

    Stacy Siers

    Howard Hanna Outer Banks Realty

    (252) 489-9451

    53 in this area

    145 Total Sales

    Stacy Siers
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102711

Outer Banks Association of REALTORS®

APN: 005230000

North Carolina Dare County Nags Head 27959

208 E Ario St, Nags Head, NC

Not Listed for Sale

Detached

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