NOT LISTED FOR SALE

2804 S Memorial Ave Nags Head, NC 27959

Estimated Value: $867,000 - $1,100,000

4 Beds
3.5 Baths
2,377 Sq Ft
$400/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $460,000 $194 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $5,274/month

282 Days on Market

Highlights

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

About This Home

As of January 2018

Just 450 feet to the beach access and nearby to all that is fun in Nags Head! A well-maintained 4 bedroom beach home with all the amenities your family and friends want in a house by the shore! The owners have meticulously maintained this home. Since 2014: new hot water heaters, new lower level heat pump, exterior painted, all decks and pool fence pressure washed and sealed, new pool pump, new foyer vinyl flooring. The owners restrict rentals and rent several weeks to friends. Amenities including PRIVATE IN-GROUND POOL, HOT TUB, SUN DECK, SCREENED PORCH, OUTDOOR SHOWER, FIREPLACE AND GROUND FLOOR GAME ROOM. You and your guests will love the gorgeous live oaks surrounding the home and pool area giving you perfect privacy while still allowing in the abundant Carolina sunshine! All this Shops, dining, Jockey's Ridge, Jennette's Pier.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 02/19/2017

Keller Williams - Outer Banks

Co-Listed By

Matt Myatt

Keller Williams - Outer Banks License #218707

Last Buyer's Agent

Grady Davis

Outer Banks Beach Rentals & Sales License #238289

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,899

Year Built

  • Built in 2001

Lot Details

  • 7,500 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,377 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Built by David Alexander
  • Nags Head Shores Subdivision

Listing and Financial Details

  • Tax Lot lot 6

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,899

Year Built

Built in 2001

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Turn onto Barnes Street. Turn South onto Memorial. House on right.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Screened Porch, Sun Deck, Dry Entry
  • Flood Zone: AE
  • Subdivision Name: Nags Head Shores Amended Sec 1
  • Headline: The perfect Nags Head home!
  • Heated Sq Ft: 2377
  • L V T Date: 02/19/2017
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: res
  • Deed Book Pg Number: 374
  • Office License Number: C26996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: David Alexander
  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 612

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 50 x 150
  • Lot Number: lot 6
  • Deed Book: 1678

Rental Info

  • Est Annual Rental Income: 33681
  • Estimated Rental Performance: 0.0732
  • Flood Expenses: 781
  • Lease Terms: Weekly
  • Other Expenses: 150
  • Other Expenses2: 500
  • Other Insurance Expenses: 75
  • Poolspa Expense: 5130
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: March Madness
  • Rental Cottage Number: 6025
  • Rental Phone Number: 252-261-5500
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1511
  • Annual Electric: 2335
  • Annual Telephone Expense: 1120
  • Annual Water Expense: 586

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2016
  • Taxes: 2899

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2017
Closed on
Jan 3, 2018
Sold by
Hall Joseph William and Hall Rosemary G
Bought by
Segars Robert W and Segars Christina N
Seller's Agent
Sarah Spencer
Keller Williams - Outer Banks
Buyer's Agent
Grady Davis
Outer Banks Beach Rentals & Sales
List Price
$499,000
Sold Price
$460,000
Premium/Discount to List
-$39,000
-7.82%
Current Estimated Value
$950,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$490,147
Avg. Annual Appreciation
9.28%
Original Mortgage
$322,000
Outstanding Balance
$271,096
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$679,051

Purchase Details

Closed on
Mar 22, 2006
Sold by
Palumbo Louis J and Palumbo Janet L
Bought by
Hall Joseph William and Hall Rosemary G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
6.23%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Segars Robert W $460,000 None Available
Hall Joseph William $286,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Segars Robert W $322,000
Previous Owner Hall Joseph William $389,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $460,000 -5.9% $194 / Sq Ft
11/28/2017 11/28/17 Pending -- -- --
08/03/2017 08/03/17 Price Changed $489,000 -2.0% $206 / Sq Ft
02/19/2017 02/19/17 For Sale $499,000 -- $210 / Sq Ft
Source: Outer Banks Association of REALTORS®

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 $4,613 $915,700 $386,300 $529,400
2024 $3,874 $515,900 $187,500 $328,400
2023 $2,106 $525,752 $187,500 $338,252
2022 $2,106 $525,752 $187,500 $338,252
2021 $2,110 $525,752 $187,500 $338,252
2020 $2,072 $517,305 $187,500 $329,805
2019 $1,822 $386,300 $138,200 $248,100
2018 $1,874 $386,300 $138,200 $248,100
Source: Public Records

Agents Affiliated with this Home

  • Sarah Spencer

    Seller's Agent in 2018

    Sarah Spencer

    Keller Williams - Outer Banks

    (252) 202-3357

    17 in this area

    287 Total Sales

    Sarah Spencer
    Section Image
  • Matt Myatt

    Seller Co-Listing Agent in 2018

    Matt Myatt

    Keller Williams - Outer Banks

    (252) 207-6588

    18 in this area

    334 Total Sales

    Matt Myatt
    Section Image

  • G

    Buyer's Agent in 2018

    Grady Davis

    Outer Banks Beach Rentals & Sales

    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95277

Outer Banks Association of REALTORS®

APN: 005398006

North Carolina Dare County Nags Head 27959

2804 S Memorial Ave, Nags Head, NC

Not Listed for Sale

Detached

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