NOT LISTED FOR SALE

2702 S Lost Colony Dr Nags Head, NC 27959

Estimated Value: $484,620 - $593,000

3 Beds
1.5 Baths
1,040 Sq Ft
$500/Sq Ft Est. Value

Last Sold April 16, 2014

Last sale price $130,000 $125 Per Sq Ft

Est. 300% increase in value since last sale

Current estimated payment $2,907/month

50 Days on Market

Highlights

  • Wooded Lot
  • Garage
  • Carpet
  • Beach Box Architecture
  • Level Lot
  • 1-minute walk to Nags Head Town Park

About This Home

As of April 2014

Nice lot with open area behind property. Large rear deck and fenced yard. Good neighborhood. Call about $500 toward flood insurance coverage incentive and home warranty incentive. HomeSteps homebuyer Winter Sales Promotion incentives are available to owner occupant primary home and second home purchases only. Go http://www.homesteps.com/homesteps/homebuyer/offers.html for more information and details on additional terms, conditions and limitations.

Last Agent to Sell the Property

Richard Hess

Sun Realty - KDH License #130782 Listed on: 02/11/2014

Last Buyer's Agent

Pamela Howard

Coastal Shores Realty Group License #274371

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $719

Year Built

  • Built in 1978

Lot Details

  • Level Lot
  • Wooded Lot

Home Design

  • 1,040 Sq Ft Home
  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Siding
  • Piling Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Garage
  • Carport

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Vista Colony W Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 22

Home Details

Home Type

Single Family

Est. Annual Taxes

$719

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Bank Owned: Yes
  • Directions: Turn west by Ace. Go to S Lost Colony, take right, house on left.
  • Heated Sq Ft: 1040
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: C
  • Zoning: res
  • Deed Book Pg Number: 174
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 3
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 1
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Sheet Siding
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Lot Description: Level, Wooded
  • Lot Number: Lot 22
  • Deed Book: 1652

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2014
  • Taxes: 719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2014
Closed on
Apr 9, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Davis Phillip
Seller's Agent
Richard Hess
Sun Realty - KDH
Buyer's Agent
Pamela Howard
Coastal Shores Realty Group
List Price
$154,900
Sold Price
$130,000
Premium/Discount to List
-$24,900
-16.07%
Current Estimated Value
$519,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,655
Avg. Annual Appreciation
12.96%

Purchase Details

Closed on
Jan 13, 2014
Sold by
Vick James R
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Sep 19, 2005
Sold by
Vick James F and Vick Nancy S
Bought by
Vick James R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.86%
Mortgage Type
New Conventional
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
Davis Phillip -- Chicago Title Insurance Co
Federal Home Loan Mortgage Corporation $185,000 None Available
Vick James R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vick James R $46,500
Previous Owner Vick James R $42,000
Previous Owner Vick James R $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2014 04/16/14 Sold $130,000 -16.1% $125 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
02/11/2014 02/11/14 For Sale $154,900 -- $149 / 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 $905 $274,200 $84,000 $190,200
2023 $905 $274,200 $84,000 $190,200
2022 $1,098 $274,200 $84,000 $190,200
2021 $1,098 $274,200 $84,000 $190,200
2020 $1,098 $274,200 $84,000 $190,200
2019 $827 $176,000 $68,300 $107,700
2018 $787 $167,400 $68,300 $99,100
2017 $787 $167,400 $68,300 $99,100
2016 $720 $167,400 $68,300 $99,100
2014 $720 $167,400 $68,300 $99,100
Source: Public Records

Agents Affiliated with this Home

  • Richard Hess

    Seller's Agent in 2014

    Richard Hess

    Sun Realty - KDH

    (252) 256-2112

    14 in this area

    86 Total Sales

    Richard Hess
    Section Image
  • Pamela Howard

    Buyer's Agent in 2014

    Pamela Howard

    Coastal Shores Realty Group

    (252) 331-3303

    1 in this area

    28 Total Sales

    Pamela Howard
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 82273

Outer Banks Association of REALTORS®

APN: 005846000

North Carolina Dare County Nags Head 27959

2702 S Lost Colony Dr, Nags Head, NC

This home is located at 2702 S Lost Colony Dr, Nags Head, NC 27959 since 11 February 2014 and is currently estimated at $519,655, approximately $499 per square foot. This property was built in 1978. 2702 S Lost Colony Dr is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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Information is deemed reliable but not guaranteed.

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