NOT LISTED FOR SALE

2513 S Memorial Ave Nags Head, NC 27959

Estimated Value: $1,072,663 - $1,238,000

7 Beds
4.5 Baths
2,812 Sq Ft
$401/Sq Ft Est. Value

Last Sold November 20, 2012

Last sale price $485,000 $172 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $6,203/month

65 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Furnished
  • In Ground Pool
  • Cathedral Ceiling
  • Game Room

About This Home

As of November 2012

Best priced investmentproperty between the highways. Over $46,000 in rents for 2012. Centrally located close to shopping and restaurants with good direct beach access. 7 Bedrooms 4.5 baths, gunite pool, hot tub, game room with pool table and air hockey table. Bedrooms recently upgraded with 22 inch flatscreens w/DVD. Exterior of the house was painted in 2012. Rents as of September 2012 are $46,010.

Last Agent to Sell the Property

Kent Copeland

Coldwell Banker Seaside Realty KH License #185671 Listed on: 08/13/2012

Coldwell Banker Seaside Realty KH

Co-Listed By

Janie Chesson

Default, Office License #171978

Last Buyer's Agent

Chris Payne

Default, Office License #212200

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,868

Year Built

  • Built in 1999

Lot Details

  • Fenced Yard

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 2,812 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower
  • Gunite Pool

Outdoor Features

  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

  • Nags Head Shores Subdivision

Listing and Financial Details

  • Tax Lot 19A

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,868

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head, Coastal
  • Directions: Turn west on Admiral 10.5 mile post, right on Memorial 3rd house on right.
  • Extras: Ceiling Fan(s), Fenced Yard, Hot Tub, Outside Lighting, Outside Shower, Patio, Sun Deck
  • Subdivision Name: Nags Head Shores Amended Sec2
  • Headline: Best Buy Between the Highways
  • Heated Sq Ft: 2812
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: res
  • Deed Book Pg Number: 0765
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 7
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Gunite
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

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

Lot Info

  • Lot Number: Lot 19A
  • Deed Book: 1266

Rental Info

  • Est Annual Rental Income: 46010
  • Estimated Rental Performance: 0.0949
  • Lease Terms: Weekly
  • Rental Co: Joe Lamb Realty

Building Info

  • Year Built: 1999

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 2867.52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2012
Closed on
Nov 20, 2012
Sold by
Fdr Properties
Bought by
Killough Brian David and Killough Cysthis C
Seller's Agent
Kent Copeland
Coldwell Banker Seaside Realty KH
Buyer's Agent
Chris Payne
Default, Office
List Price
$498,900
Sold Price
$485,000
Premium/Discount to List
-$13,900
-2.79%
Current Estimated Value
$1,128,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$643,888
Avg. Annual Appreciation
6.76%
Original Mortgage
$388,000
Outstanding Balance
$268,242
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$860,646
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
Killough Brian David $485,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Killough Brian David $388,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2012 11/20/12 Sold $485,000 -2.8% $172 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
08/13/2012 08/13/12 For Sale $498,900 -- $177 / 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 $2,619 $975,200 $443,800 $531,400
2024 $4,472 $593,100 $219,800 $373,300
2023 $2,435 $608,032 $219,800 $388,232
2022 $4,214 $608,032 $219,800 $388,232
2021 $2,435 $608,032 $219,800 $388,232
2020 $2,435 $608,032 $219,800 $388,232
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75920

Outer Banks Association of REALTORS®

APN: 030205000