NOT LISTED FOR SALE

2503 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $2,578,000 - $3,742,000

8 Beds
8.5 Baths
4,998 Sq Ft
$606/Sq Ft Est. Value

Last Sold February 11, 2022

Last sale price $2,995,000 $599 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $17,589/month

24 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • Concrete Pool
  • Craftsman Architecture

About This Home

As of February 2022

Dressed in modern design and high-end finishes, Virginia Dare offers world-class amenities. This luxury estate provides stunning views of the Atlantic with unsurpassed entertainment throughout this unique retreat. The ground level features the perfect balance of entertainment, relaxation, and fun. The recreation lounge showcases a billiards table, shuffleboard table, cocktail/foosball table, large TV, and wet bar. Nearby is the private home theater with tiered seating, bar area, and state-of-the-art electronics, audio/visual and lighting. You will also find a King Master suite on the ground level with modern wallpaper and plush bedding. Laundry facilities include two stackable washer and dryer units. A half bath is conveniently located on this level and is easily accessible from the pool area. You will have endless hours of fun in the luxury 28x17 heated pool with kiddie area, covered tiki bar, and fenced event lawn. A private elevator is available for easy access to the upper levels. On the mid-level you'll find comfortable and chic sleeping accommodations including three King Master Suites, a dual bunk room and double twin room. The top level features an expansive great room with a vaulted ceiling, gas fireplace, outdoor terraces, and oceanfront sundeck with sweeping ocean views. The chef inspired kitchen provides top-of-the-line appliances and opens to the dining area with wet bar. Enjoy amazing sunset views from the sound side sitting room and King suite. The impressive finishes, design and decor will leave a lasting impression. Don't let this opportunity pass you by!

Last Agent to Sell the Property

Tammy Aycock

SAGA Realty and Construction License #174696 Listed on: 11/18/2021

Last Buyer's Agent

Kim Endre

Twiddy and Co. - Duck License #220350

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,134

Year Built

  • Built in 2015

Lot Details

  • Beach Front
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System

Home Design

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

Interior Spaces

  • 4,998 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 11 / 3

Community Details

Overview

  • Built by SAGA
  • Nags Head Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,134

Year Built

Built in 2015

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Craftsman, Coastal
  • Directions: Turn east on Admiral Street (between Nags Head Food Lion and State Employees Credit Union). Turn left on NC 12. Home will be on your right, 2 lots before the Abalone St beach access.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Landscaped, Lawn Sprinklers, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Subdivision Name: Nags Head Shores Amended Sec 2
  • Headline: Oceanfront!
  • Heated Sq Ft: 4998
  • L V T Date: 11/18/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 240844
  • Advertised Income 2021: 291295
  • Advertised Income 2022: 257185
  • Deed Book Pg Number: 740
  • 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: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 8
  • Bedroom 1: 12x13, On Level: 2
  • Bedroom 2: 12x12, On Level: 1
  • Bedroom 3: 12x11, On Level: 1
  • Bedroom 4: 14x13, On Level: 1
  • Bedroom 5: 13x12, On Level: 1
  • Bedroom 6: 12x12, On Level: 1
  • Bedroom 7: 12x11, On Level: 1
  • Bedroom 8: 11x12, On Level: Ground
  • Kitchen: 19x10, On Level: 2
  • Countertops: Granite, Marble, Quartz
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: 14x20, On Level: 2
  • Family Room: 12x17, On Level: Ground
  • Game Room: 27x30, On Level: Ground
  • Living Room: 14x20, On Level: 2
  • Optional Room 2: 10x10, On Level: 2
  • Optional Rooms: Foyer, Game Room, Home Theater
  • Partial Bathrooms: 1
  • Optional Room 1: 13x13, On Level: 2

Exterior Features

  • Homebuilder: SAGA
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Composite Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Concrete, Custom, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Number: Lot 11
  • Deed Book: 2372

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Cottage Name: Virginia Dare
  • Rental Cottage Number: 5460
  • Rental Phone Number: 252-441-5000
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2015

Tax Info

  • Year: 2021
  • Taxes: 12134.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2021
Closed on
Feb 11, 2022
Sold by
Nags Head Shores Llc
Bought by
Lang Linda Meekyungldm and Lang Thomas John
Seller's Agent
Tammy Aycock
SAGA Realty and Construction
Buyer's Agent
Kim Endre
Twiddy and Co. - Duck
List Price
$2,995,000
Sold Price
$2,995,000
Current Estimated Value
$3,030,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,325
Avg. Annual Appreciation
0.33%
Original Mortgage
$2,396,000
Outstanding Balance
$2,233,576
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$796,749

Purchase Details

Closed on
Jul 18, 2010
Sold by
Bailey C Fletcher
Bought by
Reb Holdings Llc
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
Lang Linda Meekyungldm $2,995,000 Gray & Lloyd Llp
Reb Holdings Llc -- None Available
Dbc Holdings Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lang Linda Meekyungldm $2,396,000
Previous Owner Nags Head Shores Llc $4,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2022 02/11/22 Sold $2,995,000 0.0% $599 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
11/18/2021 11/18/21 For Sale $2,995,000 -- $599 / 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 $13,303 $1,718,100 $897,000 $821,100
2023 $7,013 $1,750,944 $897,000 $853,944
2022 $7,013 $1,750,944 $897,000 $853,944
2021 $12,134 $1,750,944 $897,000 $853,944
2020 $7,013 $1,750,944 $897,000 $853,944
2019 $7,034 $1,454,400 $609,400 $845,000
2018 $7,034 $1,454,400 $609,400 $845,000
2017 $7,054 $1,454,400 $609,400 $845,000
2016 $6,436 $1,454,400 $609,400 $845,000
2014 $1,627 $609,400 $609,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116852

Outer Banks Association of REALTORS®

APN: 005437000