NOT LISTED FOR SALE

2403 Oneto Ln Nags Head, NC 27959

Estimated Value: $1,927,000 - $3,126,000

8 Beds
8.5 Baths
4,131 Sq Ft
$591/Sq Ft Est. Value

Last Sold September 16, 2019

Last sale price $1,795,000 $435 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $13,884/month

482 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Concrete Pool
  • Community Beach Access
  • Home Theater
  • Second Refrigerator

About This Home

As of September 2019

Wright Play offers a twist on classic modern style and is destined to become a favorite with its oceanfront location. After seeing this ultimately exceptional Nags Head property, your hearts will simply belong here. This premier vacation property boasts over 5,400 square feet of under the roof area with 8 well-appointed and spacious master bedrooms, 8 full baths and 1 half bath. Common areas on each level so it's never difficult to find either a group activity or a bit of solitude. The top level is the showpiece of the home! Featuring the panoramic ocean views throughout the entire great room, this a great place to spend many hours socializing and relaxing. The sleek and modern white kitchen has two refrigerators, two dishwashers, and a built-in oven and microwave. Seating for 5 at the center island rounds out the kitchen along with the dining room space. The outdoor pool area features a 12' x 25' inground pool, a hot tub for 6, a grill area and a semi-private boardwalk to the beach featuring a deck over the dunes. 2019 year to date income of $202,815.

Last Agent to Sell the Property

Sumit Gupta

VR Real Estate Advisors, LLC License #212627 Listed on: 04/04/2018

Co-Listed By

Tammy Aycock

SAGA Realty and Construction License #174696

Last Buyer's Agent

* *None

**None License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,879

Year Built

  • Built in 2017

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 50x322
  • Beach Front
  • 50 Feet of Waterfront
  • Fenced Yard
  • Landscaped
  • Sprinkler System

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Siding

Interior Spaces

  • 4,131 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Utility Room
  • Stacked Washer and Dryer
  • Tile Flooring
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • Paved Parking
  • Off-Street Parking

Accessible Home Design

  • Handicap Accessible

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 2 / Blk B

Community Details

Overview

  • Built by SAGA Construction
  • Nags Head Shores Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,879

Year Built

Built in 2017

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Handicap Friendly, Hot Tub, Landscaped, Lawn Sprinklers, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Nags Head Shores Rev Blk B/BB
  • Headline: New OF Home- Look @ the ROI
  • Heated Sq Ft: 4131
  • L V T Date: 04/04/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0485
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C18181
  • 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, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 8
  • Bedroom 1: 14x12, On Level: 3
  • Bedroom 2: 14x12, On Level: 3
  • Bedroom 3: 14x12, On Level: 2
  • Bedroom 4: 14x12, On Level: 2
  • Bedroom 5: 12x12, On Level: 2
  • Bedroom 6: 18x12, On Level: 2
  • Bedroom 7: 12x12, On Level: 2
  • Bedroom 8: 12x14, On Level: Ground
  • Kitchen: 18x12, On Level: 3
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Tile, Vinyl Tile
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: 12x12, On Level: 3
  • Living Room: 18x16, On Level: 3
  • Optional Room 2: Media, On Level: Ground
  • Optional Room 3: Rec, On Level: Ground
  • Optional Rooms: Media Room
  • Partial Bathrooms: 1
  • Optional Room 1: Lounge, On Level: 2

Exterior Features

  • Homebuilder: SAGA Construction
  • Construction: Frame, Wood
  • Covered Deck Size: 715
  • Exterior: Lap Siding, Composite Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Custom, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean
  • Water Frontage: 50

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access, Board Walk, Common Area

Lot Info

  • Estimated Lot Sq Ft: 16083
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: 50x322
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.37
  • Deed Book: 2218

Rental Info

  • Est Annual Rental Income: 230838
  • Estimated Rental Performance: 0.1286
  • Lease Terms: Weekly
  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Name: Wright Play
  • Rental Turnover Day: Flex

Building Info

  • Year Built: 2017

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2018
  • Taxes: 8879

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2018
Closed on
Sep 13, 2019
Sold by
2403 Sol Llc
Bought by
Epc Inc 107 Llc
Seller's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
Buyer's Agent
* *None
**None
List Price
$1,895,000
Sold Price
$1,795,000
Premium/Discount to List
-$100,000
-5.28%
Current Estimated Value
$2,440,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$645,893
Avg. Annual Appreciation
6.24%
Original Mortgage
$1,250,000
Outstanding Balance
$1,106,787
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$1,463,124

Purchase Details

Closed on
Jan 24, 2018
Sold by
Gupta Sumit
Bought by
2403 Sol Llc

Purchase Details

Closed on
Jan 3, 2018
Sold by
2403 Sol Llc
Bought by
Gupta Sumit

Purchase Details

Closed on
Feb 25, 2016
Sold by
Sharp Family Limited Partnership
Bought by
2403 Sol Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,137,500
Interest Rate
3.79%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Epc Inc 107 Llc -- --
2403 Sol Llc -- --
Gupta Sumit -- None Available
2403 Sol Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Epc Inc 107 Llc $1,250,000
Previous Owner 2403 Sol Llc $1,137,500
Previous Owner Sharp Family Limited Partnership $1,200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2019 09/16/19 Sold $1,795,000 -5.3% $435 / Sq Ft
07/30/2019 07/30/19 Pending -- -- --
04/04/2018 04/04/18 For Sale $1,895,000 -- $459 / 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 $7,016 $1,708,100 $715,000 $993,100
2023 $5,855 $1,747,824 $715,000 $1,032,824
2022 $7,000 $1,747,824 $715,000 $1,032,824
2021 $7,016 $1,747,824 $715,000 $1,032,824
2020 $7,000 $1,747,824 $715,000 $1,032,824
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99924

Outer Banks Association of REALTORS®

APN: 006688001