NOT LISTED FOR SALE

2227 S Virginia Dare Trail Unit 2 (A1) Nags Head, NC 27959

Estimated Value: $509,000 - $692,310

3 Beds
3 Baths
1,660 Sq Ft
$380/Sq Ft Est. Value

Last Sold October 06, 2021

Last sale price $550,000 $331 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,162/month

50 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Contemporary Architecture
  • Community Beach Access
  • Outdoor Pool
  • Hydromassage or Jetted Bathtub

About This Home

As of October 2021

Complete remodel makes this condo shine! Used as a second home, so immediate occupancy/summer enjoyment at closing. Custom kitchen has G.E. stainless appliance package, glass tile backsplash, quartz counter tops and soft close cabinets. Two en suite bedrooms. Enhanced outdoor living with multiple Polywood chairs and tables! First floor location plus an elevator makes for little or no steps. Watch the sunrise with your coffee from your 38’ X 8’ covered deck. After a day at the beach, the oversized community pool and patio awaits you and your family and guests, shared by just six families. You’ll find a tastefully furnished spacious interior-- sparingly and lovingly used the past 10 years as a second home. In the cool months, the wood fireplace is ready to keep you toasty. One of the lowest priced 3 bedroom oceanfront condo on the market….and the central location is ideal. Minutes to all of the Outer Banks attractions. One of the best parts…the wide, low density beach! Worth taking a look before it’s gone

Last Listed By

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 06/23/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,017

Year Built

  • Built in 1986

Lot Details

  • Beach Front

HOA Fees

  • $1,500 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Contemporary Architecture
  • Property Attached
  • Masonry Perimeter Foundation
  • Asphalt Shingled Roof
  • Masonry

Interior Spaces

  • 1,660 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Covered Deck

Utilities

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

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, water, walkways
  • Signature Touch Association, Phone Number (252) 441-8857
  • Ocean North Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,017

Year Built

Built in 1986

Lot Details

0

HOA Fees

$1,500 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Jet Tub
  • Flood Zone: X
  • Subdivision Name: Ocean North Condos
  • Headline: 3 Bedrooms Like New!
  • Heated Sq Ft: 1660
  • L V T Date: 06/23/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res Condo
  • Deed Book Pg Number: 0205
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Quartz
  • Floor Coverings: Carpet, Tile
  • Foundation: Masonry
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection, Wood Fireplace

Exterior Features

  • Construction: Block, Masonry
  • Exterior: Block
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 18000
  • Hoa Contact: Signature Touch
  • HOA Contact: (252) 441-8857

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1876

Rental Info

  • Est Annual Rental Income: 45610
  • Estimated Rental Performance: 0.0829
  • Other Insurance Expenses: 1372

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2020
  • Taxes: 3017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2021
Closed on
Oct 6, 2021
Sold by
Penick Gordon F and Penick Ruth Norfleet
Bought by
Paolicelli Mark A and Paolicelli Courtney P
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
List Price
$625,000
Sold Price
$550,000
Premium/Discount to List
-$75,000
-12%
Total Days on Market
50
Current Estimated Value
$631,103

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,103
Avg. Annual Appreciation
3.85%
Original Mortgage
$440,000
Outstanding Balance
$405,567
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$225,536

Purchase Details

Closed on
Sep 13, 2011
Sold by
Falco Rosalie L
Bought by
Penick Gordon F and Penick Ruth Norfleet

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 5401 S Virginia Dare Trail Unit 5, Nags Head, NC 27959

    $675,000

    • 2 Beds
    • 2.5 Baths
    • 1,392 Sq Ft
    • 5401 S Virginia Dare Trail
    • Unit 5
    • Nags Head, NC

    Beautiful updated oceanfront end-unit condo at Whispering Sands in Nags Head. Steps to the beach, steps to the pool, this reverse-floor-plan unit also has its own carport with a covered entrance and extended parking. Upstairs, the first level has two bedrooms with ensuites and an oceanside deck with access from the larger of both rooms. Spacious living area with eat-in kitchen on the top level

    Natalie Plevyak Coldwell Banker Seaside Realty KH

    Section Image
  • 5507 S Virginia Dare Trail Unit 103S, Manteo, NC 27954

    $749,900

    • 3 Beds
    • 2.5 Baths
    • 1,774 Sq Ft
    • 5507 S Virginia Dare Trail
    • Unit 103S
    • Manteo, NC

    This luxury oceanfront condo at Heron Cove offers the perfect blend of comfort, style, and coastal living. With 3 bedrooms, 2.5 baths, and nearly 1,800 square feet, the open-concept layout features a spacious living area that leads to a covered deck overlooking the oceanfront pool. Sliding doors invite in natural light and ocean breezes, and a separate wet bar makes entertaining easy. The primary

    Diane Keeley BHHS RW Towne Realty

    Section Image
  • 5507 S Virginia Dare Trail Unit 103-S, Nags Head, NC 27959

    $749,900

    • 3 Beds
    • 2.5 Baths
    • 1,774 Sq Ft
    • 5507 S Virginia Dare Trail
    • Unit 103-S
    • Nags Head, NC

    This luxury oceanfront condo at Heron Cove offers the perfect blend of comfort, style, and coastal living. With 3 bedrooms, 2.5 baths, and nearly 1,800 square feet, the open-concept layout features a spacious living area that leads to a covered deck overlooking the oceanfront pool. Sliding doors invite in natural light and ocean breezes, and a separate wet bar makes entertaining easy. The primary

    Diane Keeley BHHS RW Towne Mt Pleasant

    Section Image
  • 5507 S Virginia Dare Trail Unit 101B, Nags Head, NC 27959

    $749,995

    • 3 Beds
    • 3 Baths
    • 1,939 Sq Ft
    • 5507 S Virginia Dare Trail
    • Unit 101B
    • Nags Head, NC

    This stunning condo has been COMPLETELY renovated with thought and style. Luxury vinyl plank runs seamlessly through the entire property, and matching granite counters with custom cabinetry have been installed in kitchen, dry bar and all three baths. Attractive furnishings and decor exude Outer Banks charm, with wall art depicting local scenery. The ample kitchen features stainless appliances

    Jackie Ricks-Sample Sun Realty - KDH

    Section Image
  • 107 W Gray Eagle St Unit 101, Nags Head, NC 27959

    $519,900

    • 3 Beds
    • 2.5 Baths
    • 1,196 Sq Ft
    • 107 W Gray Eagle St
    • Unit 101
    • Nags Head, NC

    Sold furnished with a solid rental history, this condo presents a turnkey opportunity to owning property on the beautiful Outer Banks. Conveniently located in Nags Head just .2 miles from Jennette's Pier, this well-appointed semi-soundfront condo features 3 bedrooms, 2 1/2 baths, an open concept living area, and sizable porch accessible from both the living room and primary bedroom. From this

    Tyler Reber Howard Hanna Outer Banks Realty

    Section Image
  • 107 W Gray Eagle St Unit 101, Nags Head, NC 27959

    $529,900

    • 3 Beds
    • 2.5 Baths
    • 1,196 Sq Ft
    • 107 W Gray Eagle St
    • Unit 101
    • Nags Head, NC

    Don't miss this well appointed 3 bedroom, 2 bath, sound-front condo, centrally located in Nags Head. Spectacular value in The Landings at Sugar Creek, this unit offer both sunrise and sunset views from the deck and features new LVP flooring throughout 2023, new washer and dryer 2023, newer HVAC 2022, and a new refrigerator 2022. The spacious layout offers 3 Bedrooms, 2 full Baths, and 1 half

    Tyler Reber Howard Hanna Outer Banks Realty

    Section Image
  • 107 W Gray Eagle St Unit 307, Nags Head, NC 27959

    $729,000

    • 3 Beds
    • 3.5 Baths
    • 1,429 Sq Ft
    • 107 W Gray Eagle St
    • Unit 307
    • Nags Head, NC

    Discover the unparalleled tranquility of coastal living at THE LANDINGS OF SUGAR CREEK, where your top-floor soundfront condo offers breathtaking sunsets and captivating views of local wildlife right from your balcony. Imagine unwinding each evening as the sky transforms into a vibrant canvas of colors, all while enjoying the gentle sounds of nature that surround you. Step into a bright and airy

    Suzanne Baer Outer Banks Realty Solutions

    Section Image
  • 8111 S Old Oregon Inlet Rd Unit B-201, Nags Head, NC 27959

    $765,000

    • 3 Beds
    • 2 Baths
    • 1,798 Sq Ft
    • 8111 S Old Oregon Inlet Rd
    • Unit B-201
    • Nags Head, NC

    Stunning Oceanfront Condo with Elevator Access in Diamond Shoals, South Nags Head! Welcome to this beautifully updated second-floor end unit located in the sought-after oceanfront community of Diamond Shoals in South Nags Head. This spacious 3-bedroom, 2-bath condo offers the perfect blend of privacy, comfort, and breathtaking views, making it an exceptional coastal retreat. As an end unit, enjoy

    Heather VanderMyde Coldwell Banker Seaside Realty - KDH

    Section Image
  • 8123 S Old Oregon Inlet Rd Unit 208, Nags Head, NC 27959

    $589,900

    • 2 Beds
    • 2 Baths
    • 984 Sq Ft
    • 8123 S Old Oregon Inlet Rd
    • Unit 208
    • Nags Head, NC

    Own a piece of true Outer Banks! This incredible oceanfront condo will take your breath away and capture your heart! Located in the sought after South Nags Head with fantastic ocean views, this is a rare opportunity! Pierview Condo Complex is located perfectly in-between the two famous piers, Jenette's Pier and Outer Banks Fishing Pier. Walk to both, enjoy food at one and great fishing at the

    Grace Anlauf Live Oak Realty

    Section Image
See All Homes in Nags Head

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
Paolicelli Mark A $550,000 None Available
Penick Gordon F $400,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paolicelli Mark A $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2021 10/06/21 Sold $550,000 -6.6% $331 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
07/07/2021 07/07/21 Price Changed $589,000 -5.8% $355 / Sq Ft
06/23/2021 06/23/21 For Sale $625,000 -- $377 / 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 $1,553 $453,300 $200,000 $253,300
2023 $1,553 $463,432 $200,000 $263,432
2022 $1,856 $463,432 $200,000 $263,432
2021 $1,815 $453,300 $200,000 $253,300
2020 $2,951 $453,300 $200,000 $253,300
2019 $1,749 $372,200 $215,000 $157,200
2018 $1,143 $372,200 $215,000 $157,200
2017 $1,749 $372,200 $215,000 $157,200
2016 $1,600 $372,200 $215,000 $157,200
2014 $1,600 $372,200 $215,000 $157,200
Source: Public Records

Agents Affiliated with this Home

  • Daniel Fenyak

    Seller's Agent in 2021

    Daniel Fenyak

    Outer Banks Blue Realty Srvcs.

    (252) 256-1818

    120 Total Sales

    Daniel Fenyak
    Section Image
  • Danielle Fenyak

    Seller Co-Listing Agent in 2021

    Danielle Fenyak

    Outer Banks Blue Realty Srvcs.

    (252) 256-2105

    57 Total Sales

    Danielle Fenyak
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114926

Outer Banks Association of REALTORS®

APN: 005623002

North Carolina Dare County Nags Head 27959

2227 S Virginia Dare Trail Unit 2 (A1), Nags Head, NC

Homes for Sale in Nags Head, NC

This home is located at 2227 S Virginia Dare Trail Unit 2 (A1), Nags Head, NC 27959 since 23 June 2021 and is currently estimated at $631,103, approximately $380 per square foot. This property was built in 1986. 2227 S Virginia Dare Trail Unit 2 (A1) 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.

Nearby Homes