NOT LISTED FOR SALE

229 W Cobbs Way Unit 32 Nags Head, NC 27959

Estimated Value: $544,000 - $564,000

3 Beds
2.5 Baths
1,446 Sq Ft
$381/Sq Ft Est. Value

Last Sold February 06, 2015

Last sale price $250,000 $173 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,097/month

5 Days on Market

Highlights

  • Coastal Architecture
  • Park or Greenbelt View
  • Outdoor Shower
  • Cathedral Ceiling
  • Patio
  • En-Suite Primary Bedroom

About This Home

As of February 2015

A wonderful starter home, second home or retirement home in a great neighborhood. Located in an X flood zone and no flood insurance will be required. The home has been immaculately maintained and it definitely shows. Close to all the local amenities that are convenient for year round living on the Outer Banks. There is additional storage under the home. Very close to Jockey Ridge Preserve.

Last Agent to Sell the Property

Tim Lancsek

Surfside Realty License #210399 Listed on: 12/15/2014

Surfside Realty

Last Buyer's Agent

Donnie Wood

Default, Office License #37228

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,660

Year Built

  • Built in 1998

Lot Details

  • 8,300 Sq Ft Lot
  • Lot Dimensions are 65x127

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,446 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Utility Room
  • Park or Greenbelt Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Tuck Under Parking
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • Southridge Subdivision

Listing and Financial Details

  • Tax Lot lot 32

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,660

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal
  • Directions: Travel south of Jockeys Ridge turn west on Deering St and then turn South on South Ridge Dr.
  • Extras: Ceiling Fan(s), Outside Lighting, Outside Shower, Patio, Sun Deck
  • Flood Zone: X
  • Subdivision Name: South Ridge
  • Headline: Immaculate Shape
  • Heated Sq Ft: 1446
  • Primary Residence: Yes
  • Roads: Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0225
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Optional Rooms: Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Park Serv/Preserve

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Forced Air, Heat Pump, Zoned
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal, Well

Lot Info

  • Estimated Lot Sq Ft: 8300
  • Lot Faces: North
  • Lot Size: 65x127
  • Lot Number: lot 32
  • Deed Book: WB 14E

Rental Info

  • Est Annual Rental Income: 15000
  • Estimated Rental Performance: 0.06
  • Lease Terms: Month to Month

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2014
  • Taxes: 1660.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2014
Closed on
Mar 2, 2015
Sold by
Enberg Iris J and Hogan Herbert L
Bought by
Crace Steven A and Crace Debra S
Seller's Agent
Tim Lancsek
Surfside Realty
Buyer's Agent
Donnie Wood
Default, Office
List Price
$249,900
Sold Price
$250,000
Premium/Discount to List
$100
0.04%
Current Estimated Value
$550,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,622
Avg. Annual Appreciation
7.79%
Original Mortgage
$200,000
Outstanding Balance
$153,683
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$401,453
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
Crace Steven A -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Crace Steven A $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2015 02/06/15 Sold $250,000 0.0% $173 / Sq Ft
12/20/2014 12/20/14 Pending -- -- --
12/15/2014 12/15/14 For Sale $249,900 -- $173 / 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 $2,271 $310,900 $106,800 $204,100
2023 $1,245 $310,900 $106,800 $204,100
2022 $1,245 $310,900 $106,800 $204,100
2021 $1,245 $310,900 $106,800 $204,100
2020 $1,245 $310,900 $106,800 $204,100
2019 $1,120 $238,200 $94,800 $143,400
2018 $1,120 $238,200 $94,800 $143,400
2017 $1,120 $238,200 $94,800 $143,400
2016 $1,024 $238,200 $94,800 $143,400
2014 $1,024 $238,200 $94,800 $143,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86108

Outer Banks Association of REALTORS®

APN: 030357000