NOT LISTED FOR SALE

2612 S Memorial Ave Nags Head, NC 27959

Estimated Value: $841,000 - $945,990

5 Beds
4 Baths
2,818 Sq Ft
$315/Sq Ft Est. Value

Last Sold March 08, 2023

Last sale price $899,000 $319 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,081/month

27 Days on Market

Highlights

  • Rooftop Deck
  • Cathedral Ceiling
  • Sun or Florida Room
  • Contemporary Architecture
  • Main Floor Bedroom
  • Furnished

About This Home

As of March 2023

Beautifully updated home with coastal finishes throughout and an awesome Nags Head location! Quick walk to the beach with an access on either Baltic St. or Admiral St. You choose! The view from the Crow's Nest validates just how close you are to the OCEAN. The home's top level features an open great room with vaulted ceiling, vinyl plank flooring, large dining table, enclosed sun room with additional seating, comfortable bedroom and a full bath with skylight. Enjoy preparing meals in a tastefully remodeled kitchen with new cabinetry, gorgeous granite counter tops and stainless appliances. On the mid-level you will find four spacious bedrooms with extra deep closets and two full baths. Two of the bedrooms open to a large covered deck, the perfect spot to enjoy lazy OBX days and nights! The ground level offers a lovely entry foyer, large game room, laundry room, cozy den and a bedroom. All four of the home's bathrooms have been beautifully updated with new vanities, mirrors and faucets. Recent improvements include; interior painted a soothing coastal color, new HVAC units (inside & out) 2016, new roof 2017, new great room sofas and flooring 2020 and exterior stairs replaced approximately 2016. The backyard is neat and landscaped with a sprinkler system in place. The home is being sold fully furnished and rental ready or perfectly outfitted for your second home at the beach. Renters love this home and many return year after year! The seller is happy to work with a new Owner to transition the VRBO and Owner’s repeat renters.

Last Agent to Sell the Property

Lauren Rickard

Coldwell Banker Seaside Realty KH License #269694 Listed on: 01/09/2023

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Mark S. Brink

A Better Way Realty, Inc License #286142

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,967

Year Built

  • Built in 1994

Lot Details

  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is zoned C2

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Construction Material

Interior Spaces

  • 2,818 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Library
  • Game Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Nags Head Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 8

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,967

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: From 158 bypass - east on Admiral (near Townebank). Right on Memorial. House on right.
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Smoke Detector(s), Roof Top Deck, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Nags Head Shores Amended SEC 2
  • Headline: UPDATED GEM CLOSE TO BEACH
  • Heated Sq Ft: 2818
  • L V T Date: 01/09/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: C2
  • Deed Book Pg Number: 0382
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: Ground
  • Kitchen: Large, On Level: 2
  • Countertops: Granite
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Skylight, Walk in Closet
  • Dining Room: Open, On Level: 2
  • Game Room: On Level: Ground
  • Living Room: Open, On Level: 2
  • Optional Rooms: Foyer, Game Room, Library/Study, Sun/Florida Room

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1022

Lot Info

  • Lot Description: Level
  • Lot Faces: E
  • Lot Number: Lot 6
  • Deed Book: 1929

Rental Info

  • Est Annual Rental Income: 85000
  • Estimated Rental Performance: 0.0945
  • Lease Terms: Variable
  • Maintenance Expenses: 1746
  • Other Expenses: 2500
  • Rental Co: VRBO
  • Rental Cottage Name: Selah Retreat
  • Rental Turnover Day: Variable
  • Annual Cable TV Expense: 1020
  • Annual Electric: 1976
  • Annual Water Expense: 1101

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2022
  • Taxes: 3967

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2023
Closed on
Feb 21, 2023
Sold by
Britt-Marie Christine Brumley Revocable and Brumley Britt-Marie Christine
Bought by
Backa Bruce R
Seller's Agent
Lauren Rickard
Coldwell Banker Seaside Realty KH
Buyer's Agent
Mark S. Brink
A Better Way Realty, Inc
List Price
$919,000
Sold Price
$899,000
Premium/Discount to List
-$20,000
-2.18%
Views
96
Current Estimated Value
$886,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,002
Avg. Annual Appreciation
-0.49%
Original Mortgage
$619,000
Outstanding Balance
$597,912
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$289,086

Purchase Details

Closed on
May 10, 2013
Sold by
Brumley Britt Marie Christine
Bought by
Brumley Britt Marie Christine and Britt Marie Christine Brumley Revocable

Purchase Details

Closed on
May 6, 2013
Sold by
Brumley Britt Marie Christine
Bought by
Brumley Britt Marie Christine and Britt Marie Christine Brumley Revocable

Purchase Details

Closed on
Oct 22, 2010
Sold by
Brumley Ulla C
Bought by
Brumley Britt Marie Christine
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Backa Bruce R $4,495,000 None Listed On Document
Backa Bruce R $4,495,000 None Listed On Document
Brumley Britt Marie Christine -- None Available
Brumley Britt Marie Christine -- None Available
Brumley Britt Marie Christine -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Backa Bruce R $619,000
Closed Backa Bruce R $619,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2023 03/08/23 Sold $899,000 -2.2% $319 / Sq Ft
02/05/2023 02/05/23 Pending -- -- --
01/09/2023 01/09/23 For Sale $919,000 -- $326 / 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 $5,207 $1,025,500 $393,800 $631,700
2024 $4,338 $573,200 $195,000 $378,200
2023 $4,364 $591,864 $195,000 $396,864
2022 $2,370 $591,864 $195,000 $396,864
2021 $2,377 $591,864 $195,000 $396,864
2020 $2,370 $591,864 $195,000 $396,864
2019 $1,837 $379,200 $147,000 $232,200
2018 $1,837 $379,200 $147,000 $232,200
2017 $1,837 $379,200 $147,000 $232,200
2016 $1,680 $379,200 $147,000 $232,200
2014 $1,689 $379,200 $147,000 $232,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121130

Outer Banks Association of REALTORS®

APN: 005483005