NOT LISTED FOR SALE

2414 S Memorial Ave Nags Head, NC 27959

Estimated Value: $618,374 - $765,000

4 Beds
2.5 Baths
1,260 Sq Ft
$555/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $340,000 $270 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,838/month

104 Days on Market

Highlights

  • Ocean View
  • Cathedral Ceiling
  • Furnished
  • Saltbox Architecture
  • Main Floor Bedroom
  • Screened Porch

About This Home

As of June 2015

Original owner of this meticulously maintained cottage has lovingly tended to every detail and made smart upgrades over the years. Reverse floor plan provides spacious living, kitchen, dining area, with powder room upstairs, one master suite, 3 bedrooms and additional bath on first level. Wide decking on both levels provides sunny, covered and screened areas as well as nice ocean views upstairs. Located just 3 lots from the oceanfront and within easy walking distance to public beach access, Gallery Row and Red Drum Restaurant, a locals' favorite. Exposed rafters in great room add architectural interest, juniper accent walls provide warmth and cedar aroma. Master bath has granite sink top and direct access to the screened porch. Ground level features carport with dry entry, outside shower and fish cleaning station plus Owners' lock-up and washer/dryer room for vacationers. 2 additional lock-ups inside provide plenty of space for paper products, linens, dry goods, etc. The ample grassy back yard would also provide space for a hot tub, volley ball court, or possibly a pool! Sellers have created many fond family memories over the years, and would like to pass this pristine cottage to a new family who will love and care for it as they have.

Last Agent to Sell the Property

Jackie Ricks-Sample

Sun Realty - KDH License #47692 Listed on: 02/06/2015

Co-Listed By

Jackie O'Hara

Sun Realty - KDH License #153332

Last Buyer's Agent

Jackie Ricks-Sample

Sun Realty - KDH License #47692 Listed on: 02/06/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,907

Year Built

  • Built in 1986

Lot Details

  • 9,000 Sq Ft Lot
  • Lot Dimensions are 60x150
  • Level Lot

Home Design

  • Saltbox Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,260 Sq Ft Home
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Built by Joe Hoffman
  • Conch Shell Es Subdivision

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,907

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Saltbox
  • Directions: MP 10.5. Turn E on Driftwood from US 158. Right on Memorial, house on right on next block.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: AE
  • Headline: Crisp & Clean!
  • Heated Sq Ft: 1260
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 747
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Kitchen: On Level: 2
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Dining Room: On Level: 2
  • Living Room: On Level: 2
  • Optional Rooms: Breakfast Nook
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Joe Hoffman
  • Construction: Frame, Wood
  • Covered Deck Size: Yes
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: Yes
  • Street Frontage: 60
  • Sun Deck Size: New!
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 9000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 60x150
  • Lot Number: Lot 4
  • Deed Book: 1288

Rental Info

  • Est Annual Rental Income: 14373
  • Estimated Rental Performance: 0.0423
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Kessenich
  • Rental Cottage Number: 409
  • Rental Phone Number: 252-441-7033
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2014
  • Taxes: 1906.93

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2015
Closed on
Jun 17, 2015
Sold by
Kessenich Geraldine E and Kessenich Jerome O
Bought by
Brown Derek Kemper and Brown Cheri R
Seller's Agent
Jackie Ricks-Sample
Sun Realty - KDH
Buyer's Agent
Jackie Ricks-Sample
Sun Realty - KDH
List Price
$359,900
Sold Price
$340,000
Premium/Discount to List
-$19,900
-5.53%
Current Estimated Value
$699,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$359,344
Avg. Annual Appreciation
7.25%
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
Brown Derek Kemper $340,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $340,000 -5.5% $270 / Sq Ft
05/21/2015 05/21/15 Pending -- -- --
02/06/2015 02/06/15 For Sale $359,900 -- $286 / 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 $1,692 $642,900 $401,600 $241,300
2024 $2,816 $382,900 $198,900 $184,000
2023 $1,283 $382,900 $198,900 $184,000
2022 $1,534 $382,900 $198,900 $184,000
2021 $1,561 $389,116 $198,900 $190,216
2020 $1,555 $388,284 $198,900 $189,384
2019 $1,286 $267,700 $149,900 $117,800
2018 $1,289 $267,700 $149,900 $117,800
2017 $1,289 $267,700 $149,900 $117,800
2016 $1,176 $267,700 $149,900 $117,800
2014 $1,907 $267,700 $149,900 $117,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86666

Outer Banks Association of REALTORS®

APN: 005663000