$1,550,000
SOLD OCT 15, 2020

2301 S Virginia Dare Trail Nags Head, NC 27959

8 Beds
7.5 Baths
4,300 Sq Ft
0.55 Acres

Recently Sold

$360 Per Sq Ft

3% Below List Price

8 Days on Market

Highlights

  • Beach Front
  • Gunite Pool
  • Second Refrigerator
  • Ocean View
  • 0.55 Acre Lot
  • Coastal Architecture

About This Home

As of October 2020

This vibrant 8 bedroom, 7.5 BA Nags Head Oceanfront home has attracted guests for years with its wonderful location, amenities and pristine interior. This cottage offers a welcoming place to entertain and enjoy time together on the Outer Banks. Located near Gallery Row, this home is within walking distance to shopping and dining. New owners can immediately feel the charms of living on the Oceanfront. This home has a welcoming appeal with its paver driveway and lush landscaping, spacious sun decks. On the top level is a great room with soaring cathedral ceilings, wood floors (including stairs) and sparkling white walls. A well-equipped kitchen with 2 refrigerators, 2 dishwashers, icemaker and a bar that provides a wonderful prep area and additional seating. Natural light pours in through the large surrounding windows. This open concept space also includes room for dining and living area with gas fireplace and built in entertainment center. A few steps up is a cozy reading loft. A private ensuite with jetted tub and private access to the deck is also on this level. Half bath on landing. The mid-level hosts 3 ensuite bedrooms with private baths. One handicap friendly. 2 additional bedrooms on this level share a bath. Enter to tile foyer leading to Den/TV room on this level provides another space to gather in a smaller group. 4 of the 5 bedrooms on this level have private deck access. Downstairs is a wonderful rec room with pool table, kitchenette with wet bar, full size refrigerator and icemaker. An additional 2 bedrooms, one with a private bath is also available on this floor. Entertaining is made easy outdoors with the large 14’ X 26’ heated pool, hot tub and outdoor shower. Full bath accessible from pool area and rec room. A fence surrounds the pool area with easy access to wooden walkway and dune top deck with built in seating for watching the ocean This home’s desirable amenities and features have made it a favorite destination for vacations. Consistently good rentals with over $160K to owner for the last several years. ELEVATOR has access from all three levels. 6/17 New 1st floor heat pump 9/18 new midlevel heat pump 4/18 kitchen counter tile .

Last Agent to Sell the Property

Mercedes Tabano

Keller Williams - Outer Banks License #69137 Listed on: 07/16/2020

Keller Williams - Outer Banks

Last Buyer's Agent

Ellen Heatwole

Keller Williams - Outer Banks License #301476

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,851

Year Built

  • Built in 2002

Lot Details

  • 0.55 Acre Lot
  • Beach Front
  • 50 Feet of Waterfront
  • Landscaped
  • Sprinkler System

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,300 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Gas Fireplace
  • Window Treatments
  • Living Room
  • Dining Room
  • Loft
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block #5 / A

Community Details

Overview

  • Nags Head Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,851

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Milepost 10 on beach road near gallery row.
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Corrected or Amended Map, SectionA Nags Head Sh
  • Headline: $160K Rents to Owner 2020
  • Heated Sq Ft: 4300
  • L V T Date: 07/16/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 175265
  • Deed Book Pg Number: 48
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Bedroom 1: Private BA, On Level: 2
  • Bedroom 2: Private BA, On Level: 1
  • Bedroom 3: Private BA, On Level: 1
  • Bedroom 4: Private BA, On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 1
  • Bedroom 7: Private BA, On Level: Ground
  • Bedroom 8: On Level: Ground
  • Kitchen: On Level: 2
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Gas Fireplace, Ensuite, Wet Bar
  • Dining Room: On Level: 2
  • Game Room: On Level: Ground
  • Living Room: On Level: 2
  • Optional Rooms: Breakfast Nook, Game Room, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Gunite, Custom, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean
  • Water Frontage: 50

Garage/Parking

  • Garage: Carport

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 23825
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot #5
  • Estimated Lot Size: 0.55
  • Deed Book: 1974

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Beachcomber
  • Rental Cottage Number: JR16
  • Rental Phone Number: 480-4746
  • Rental Turnover Day: Saturday
  • Rental Contact Email: rentalmanagement@villagerealtyobx.com
  • Rental Contact Name: Laura Payne
  • Rental Contact Phone: 480-4746

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2019
  • Taxes: 9851

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2020
Closed on
Oct 13, 2020
Sold by
Nags Head 2301 Llc
Bought by
Winkel Clifford Brooks and Winkel Katherine Roseann
Seller's Agent
Mercedes Tabano
Keller Williams - Outer Banks
Buyer's Agent
Ellen Heatwole
Keller Williams - Outer Banks
List Price
$1,600,000
Sold Price
$1,550,000
Premium/Discount to List
-$50,000
-3.12%
Current Estimated Value
$2,578,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,028,363
Avg. Annual Appreciation
11.16%
Original Mortgage
$1,240,000
Outstanding Balance
$1,115,303
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,463,060

Purchase Details

Listed on
May 7, 2014
Closed on
Sep 4, 2014
Sold by
Smith D Craig and Smith Catherine L
Bought by
Nags Head 2301 Llc
Seller's Agent
Mark Massey
Outer Banks Realty Group
Buyer's Agent
Mercedes Tabano
Keller Williams - Outer Banks
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.68%
Original Mortgage
$980,000
Interest Rate
4.2%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,550,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,240,000 New Conventional
Previous Owner $980,000 Commercial
Previous Owner $1,220,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2020 10/15/20 Sold $1,550,000 -3.1% $360 / Sq Ft
07/24/2020 07/24/20 Pending -- -- --
07/16/2020 07/16/20 For Sale $1,600,000 +14.3% $372 / Sq Ft
09/04/2014 09/04/14 Sold $1,400,000 -6.6% $327 / Sq Ft
07/21/2014 07/21/14 Pending -- -- --
05/07/2014 05/07/14 For Sale $1,499,000 -- $350 / 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 $12,415 $1,603,000 $923,000 $680,000
2023 $6,529 $1,630,200 $923,000 $707,200
2022 $6,529 $1,630,200 $923,000 $707,200
2021 $6,529 $1,630,200 $923,000 $707,200
2020 $10,210 $1,630,200 $923,000 $707,200
2019 $5,883 $1,222,800 $645,700 $577,100
2018 $3,843 $1,222,800 $645,700 $577,100
2017 $5,883 $1,222,800 $645,700 $577,100
2016 $5,382 $1,222,800 $645,700 $577,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110132

Outer Banks Association of REALTORS®

APN: 006678000