NOT LISTED FOR SALE

2704 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,384,000 - $1,920,000

10 Beds
7 Baths
4,180 Sq Ft
$414/Sq Ft Est. Value

Last Sold September 18, 2020

Last sale price $850,000 $203 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $9,827/month

121 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Furnished
  • Beach Access
  • Cathedral Ceiling
  • Game Room

About This Home

As of September 2020

A RARE FIND.Look at this 10 bedroom home located between highways in Nags Head. The first level has a game room, 4 bedrooms and 2 bathrooms.Take the elevator up to the second floor which features 5 bedrooms and 4 bathrooms. On the top floor enjoy the ocean views from the front deck or watch the sun go down on the back deck. There is plenty of room to spread out in this home. The backyard features a pool and a hot tub for all the guest to enjoy. The beach access is very close so guest do not have far to walk. This large home has fantastic rental potential and a great location in Nags Head close to all the activities and restaurants.

Last Agent to Sell the Property

Michael Davenport

Sun Realty - KDH License #82882 Listed on: 05/13/2020

Last Buyer's Agent

Matt Preston

Twiddy and Company - Corolla License #288364

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,081

Year Built

  • Built in 2001

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50x300
  • Ocean Front
  • Fenced Yard
  • Level Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,180 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

  • 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 10 A / 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,081

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Elevator, Fenced Yard, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Nags Head Shores
  • Headline: 10 BEDROOM FRONTING BEACH ROAD
  • Heated Sq Ft: 4180
  • L V T Date: 05/13/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: r
  • Deed Book Pg Number: 0235
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • 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: 10
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s)
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Level
  • Lot Size: 50x300
  • Lot Number: Lot 10 A
  • Estimated Lot Size: 0.34
  • Deed Book: 1027

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Stan White Realty & Const
  • Rental Cottage Number: NH 475
  • Rental Phone Number: 441-1515

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2019
  • Taxes: 6081.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Sep 18, 2020
Sold by
Herring F Eugene F and Herring Jo Ann
Bought by
Zimmerman Scott and Zimmerman Laura
Seller's Agent
Michael Davenport
Sun Realty - KDH
Buyer's Agent
Matt Preston
Twiddy and Company - Corolla
List Price
$899,500
Sold Price
$850,000
Premium/Discount to List
-$49,500
-5.5%
Current Estimated Value
$1,732,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$882,057
Avg. Annual Appreciation
15.07%
Original Mortgage
$510,000
Outstanding Balance
$451,752
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,280,305
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
Zimmerman Scott $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zimmerman Scott $510,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2020 09/18/20 Sold $850,000 -5.5% $203 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $899,500 0.0% $215 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
05/13/2020 05/13/20 For Sale $899,500 -- $215 / 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 $7,726 $970,700 $470,600 $500,100
2023 $3,865 $965,120 $470,600 $494,520
2022 $3,865 $965,120 $470,600 $494,520
2021 $3,873 $965,120 $470,600 $494,520
2020 $6,275 $965,120 $470,600 $494,520
2019 $3,717 $772,700 $408,100 $364,600
2018 $3,717 $772,700 $408,100 $364,600
2017 $3,717 $772,700 $408,100 $364,600
2016 $3,401 $772,700 $408,100 $364,600
2014 $5,548 $772,700 $408,100 $364,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109239

Outer Banks Association of REALTORS®

APN: 027446009