NOT LISTED FOR SALE

225 W Lost Colony Dr Nags Head, NC 27959

Estimated Value: $542,000 - $634,000

3 Beds
3 Baths
1,170 Sq Ft
$492/Sq Ft Est. Value

Last Sold April 11, 2013

Last sale price $210,000 $179 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $3,316/month

23 Days on Market

Highlights

  • Beach Box Architecture
  • Garage
  • En-Suite Primary Bedroom
  • Cathedral Ceiling
  • Covered Deck
  • 3-minute walk to Nags Head Town Park

About This Home

As of April 2013

This stylish beach box has a convienient location. It is ready for a new exciting family and friends to make it their own. Nice deck for those BBQ parties you love to throw. Roomy for all those friends that will visit now that they find out you have a house in the Outer Banks. Finished ground level has a garage with plenty of storage and a bathroom. Was it everything on your must have list? I bet it was! Call and come look at this beauty today. This is where you want to be!

Last Agent to Sell the Property

Wayne Strickland

Stellar Properties License #190095 Listed on: 03/05/2013

Co-Listed By

Laura Strickland

Stellar Properties License #264696

Last Buyer's Agent

Pete Salitore

Default, Office License #180349

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $754

Year Built

  • Built in 2004

Lot Details

  • 6,000 Sq Ft Lot
  • Level Lot

Home Design

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

Interior Spaces

  • 1,170 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Washer and Dryer Hookup

Kitchen

  • Plumbed For Ice Maker
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

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

Parking

  • Garage
  • Carport
  • Off-Street Parking

Outdoor Features

  • Covered Deck

Utilities

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

Community Details

  • Vista Colony W Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 14

Home Details

Home Type

Single Family

Est. Annual Taxes

$754

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Bank Owned: Yes
  • Directions: Turn on to W Barnes St, Than turn right onto S Meekins Ave, Turn left onto W Lost Colony Dr.
  • Extras: Ceiling Fan(s), Covered Decks
  • Headline: Stylish Family Retreat
  • Heated Sq Ft: 1170
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Residentia
  • Deed Book Pg Number: 0323
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection

Exterior Features

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

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Description: Level
  • Lot Number: Lot 14
  • Deed Book: 1901

Rental Info

  • Other Expenses: 105500

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2012
  • Taxes: 754.04

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2021
Sold by
Morren Mary Beth
Bought by
Flynn Kevin and Flynn Bonnie Jean
Current Estimated Value
$575,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Outstanding Balance
$237,594
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$345,168

Purchase Details

Listed on
Mar 5, 2013
Closed on
Apr 8, 2013
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Verbanik Robert W and Morren Mary Beth
Seller's Agent
Wayne Strickland
Stellar Properties
Buyer's Agent
Pete Salitore
Default, Office
List Price
$210,000
Sold Price
$210,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$168,000
Interest Rate
3.52%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jun 14, 2012
Sold by
Cofer Kimberly D and Cofer Vernon C
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company Na

Purchase Details

Closed on
Dec 28, 2004
Sold by
Diunstan Garland H
Bought by
Cofer Vernon C and Cofer Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Flynn Kevin $365,000 None Available
Verbanik Robert W $210,000 None Available
The Bank Of New York Mellon Trust Compan $197,100 None Available
Cofer Vernon C $140,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flynn Kevin $265,000
Previous Owner Verbanik Robert W $25,000
Previous Owner Verbanik Robert W $180,000
Previous Owner Verbanik Robert W $168,000
Previous Owner Cofer Vernon C $212,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2013 04/11/13 Sold $210,000 0.0% $179 / Sq Ft
03/28/2013 03/28/13 Pending -- -- --
03/05/2013 03/05/13 For Sale $210,000 -- $179 / 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 $2,145 $293,700 $84,000 $209,700
2023 $1,176 $293,700 $84,000 $209,700
2022 $1,176 $293,700 $84,000 $209,700
2021 $1,176 $293,700 $84,000 $209,700
2020 $1,176 $293,700 $84,000 $209,700
2019 $1,122 $227,600 $68,300 $159,300
2018 $1,124 $227,600 $68,300 $159,300
2017 $1,070 $227,600 $68,300 $159,300
2016 $979 $227,600 $68,300 $159,300
2014 $608 $227,600 $68,300 $159,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78097

Outer Banks Association of REALTORS®

APN: 005863000