NOT LISTED FOR SALE

2307 S Oneto Ln Nags Head, NC 27959

Estimated Value: $1,640,000 - $2,182,000

5 Beds
5 Baths
2,956 Sq Ft
$608/Sq Ft Est. Value

Last Sold March 20, 2020

Last sale price $979,000 $331 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $9,893/month

160 Days on Market

Highlights

  • Beach Front
  • Concrete Pool
  • Cathedral Ceiling
  • Ocean View
  • Coastal Architecture
  • Wood Flooring

About This Home

As of March 2020

2020 UPDATE: ENTIRE INTERIOR BEING PAINTED! SAPPHIRE SEAS offers Breathtaking Ocean Views! When you add in 5 bedrooms, 3 of which are queen master suites, a ground floor game room with Bunk Alcove, heated pool and hot tub all uniquely situated in a low traffic area off the Beach Road but centrally located in Nags Head within easy walking distance of the Fine Art Galleries & Shops of the Gallery Row District you have the makings of a rental machine. The added heat to the pool for the 2019 season should have this home grossing over $125,000. It already has a GRI of over 11%. Improvements are as follows: Freshly Painted 2018; New Blinds 2018; New Roof 2017; UPPER HVAC May 2016; LOWER HVAC 5/017. Both units have a 10 year warranty from install date and warranty is transferable according to the Seller. Not much left to do but add your personal touch and sit back and collect your rental income.

Last Agent to Sell the Property

Liz Holterhaus

Keller Williams Town Center License #219965 Listed on: 09/10/2019

Keller Williams Town Center

Last Buyer's Agent

Kim Endre

Twiddy and Co. - Duck License #220350

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,225

Year Built

  • Built in 1996

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 67x272
  • Beach Front
  • 69 Feet of Waterfront

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,956 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Concrete Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank

Listing and Financial Details

  • Tax Lot 11

Community Details

Overview

  • Nags Head Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,225

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: East on Gallery Row from Beach Rd. Left on Oneto and House is on the right ocean front.
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Nags Head Shores
  • Headline: Over 12% GRI - OCEANFRONT
  • Heated Sq Ft: 2956
  • L V T Date: 09/10/2019
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Advertised Income 2020: 93705
  • Deed Book Pg Number: 0415
  • 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: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Bedroom 1: Q Master, On Level: 2
  • Bedroom 2: Q Master, On Level: 2
  • Bedroom 3: Queen, On Level: 2
  • Bedroom 4: 2 Twins, On Level: 2
  • Bedroom 5: Q Master, On Level: 3
  • Kitchen: Great Room, On Level: 3
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Dining Room: Great Room, On Level: 3
  • Family Room: W/Bunks, On Level: 1
  • Game Room: Open, On Level: Ground
  • Living Room: Great Room, On Level: 3
  • Optional Rooms: Foyer, Game Room

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Gunite, Concrete, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 67
  • View: Ocean
  • Water Frontage: 69

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Fuel Tanks: Leased
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1219

Lot Info

  • Estimated Lot Sq Ft: 13000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: 67X272
  • Lot Number: Lot 11
  • Estimated Lot Size: 0.30
  • Deed Book: 1544

Rental Info

  • Est Annual Rental Income: 125000
  • Estimated Rental Performance: 0.1277
  • Flood Expenses: 694
  • Lease Terms: Weekly
  • Other Expenses2: 460
  • Poolspa Expense: 3312
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: Sapphires Seas
  • Rental Cottage Number: 471
  • Rental Phone Number: 252-261-4444
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1667
  • Annual Electric: 3600
  • Annual Telephone Expense: 470
  • Annual Water Expense: 473
  • Rental Contact Email: dawn@joelambjr.com
  • Rental Contact Name: Joe Lamb Realty
  • Rental Contact Phone: 252-261-4444

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2019
  • Taxes: 7224.66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 16, 2020
Sold by
Kubichan Terry and Kubichan Johh E
Bought by
Kubobx Llc
Current Estimated Value
$1,798,366

Purchase Details

Listed on
Sep 10, 2019
Closed on
Mar 20, 2020
Sold by
Walker William L and Walker Stephanie
Bought by
Kubichan Terry and Kubichan John E
Seller's Agent
Liz Holterhaus
Keller Williams Town Center
Buyer's Agent
Kim Endre
Twiddy and Co. - Duck
List Price
$1,099,000
Sold Price
$979,000
Premium/Discount to List
-$120,000
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.47%
Original Mortgage
$510,400
Interest Rate
3.4%
Mortgage Type
New Conventional
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
Kubobx Llc -- None Available
Kubichan Terry $979,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kubichan Terry $510,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2020 03/20/20 Sold $979,000 -4.5% $331 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
01/15/2020 01/15/20 Price Changed $1,025,000 -6.7% $347 / Sq Ft
09/10/2019 09/10/19 For Sale $1,099,000 -- $372 / 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 $5,542 $2,076,000 $1,358,800 $717,200
2024 $7,733 $1,042,400 $819,000 $223,400
2023 $4,211 $1,051,336 $819,000 $232,336
2022 $4,211 $1,051,336 $819,000 $232,336
2021 $4,214 $1,051,336 $819,000 $232,336
2020 $4,639 $1,158,352 $819,000 $339,352
2019 $4,400 $918,000 $554,800 $363,200
2018 $4,400 $918,000 $554,800 $363,200
2017 $4,400 $918,000 $554,800 $363,200
2016 $4,025 $918,000 $554,800 $363,200
2014 $6,538 $918,000 $554,800 $363,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 106464

Outer Banks Association of REALTORS®

APN: 006678002