NOT LISTED FOR SALE

2805 S Lost Colony Dr Nags Head, NC 27959

Estimated Value: $432,000 - $540,000

2 Beds
2 Baths
768 Sq Ft
$612/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $219,000 $285 Per Sq Ft

Est. 115% increase in value since last sale

Current estimated payment $2,704/month

51 Days on Market

Highlights

  • Beach Box Architecture
  • Furnished
  • Laundry Room
  • Cathedral Ceiling
  • In-Law or Guest Suite
  • 1-minute walk to Nags Head Town Park

About This Home

As of July 2020

Opportunity knocks! Nags Head Westside home with direct beach access via Barnes Street. This home is a vintage OBX cottage that is well kept and has tons of potential. Upstairs features an open floor plan with cathedral ceilings and lots of light. It has an open concept living area as well as 2 bedrooms and 1 full bathroom. Ground level has an additional 768 sq/ft of living area that includes a laundry/storage room, bedroom, bathroom and living area. Septic permit on file for 3 bedrooms. Home does not have central heating and air but does have numerous window units and electric baseboard heat. Great location and plenty of opportunity with this property. A must see!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 03/28/2020

Landmark Sotheby's International Realty

Last Buyer's Agent

Morgan Mason

EXP Realty, LLC - Coastal License #240210

EXP Realty, LLC - Coastal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1983

Lot Details

  • 6,500 Sq Ft Lot
  • Level Lot

Home Design

  • Beach Box Architecture
  • Slab Foundation
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 768 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Storm Doors

Kitchen

  • Oven or Range
  • Microwave
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Vista Colony W Subdivision

Listing and Financial Details

  • Legal Lot and Block 13 / H

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,270

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: From Bypass, turn west on Barnes St. Corner of Barnes and Lost Colony Dr
  • Extras: Outside Shower, Storm Doors, Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Headline: Easy Beach Access!
  • Heated Sq Ft: 768
  • L V T Date: 03/30/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0210
  • 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: Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Washer Connection
  • Optional Rooms: In-Law Apartment

Exterior Features

  • Construction: Wood
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle

Utilities

  • Cooling: Window Units
  • Heating: Baseboard
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 6500
  • Lot Description: Level
  • Lot Number: Lot 13
  • Estimated Lot Size: 0.15
  • Deed Book: WB 18 E

Building Info

  • Year Built: 1983

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2019
  • Taxes: 1270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2020
Closed on
Jul 24, 2020
Sold by
Pitts Monica K and Pitts Jonathan
Bought by
Aiello Judith C
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Morgan Mason
EXP Realty, LLC - Coastal
List Price
$219,000
Sold Price
$219,000
Current Estimated Value
$470,306

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,306
Avg. Annual Appreciation
16.17%
Original Mortgage
$164,250
Outstanding Balance
$146,556
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$323,750
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Aiello Judith C $219,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aiello Judith C $90,000
Open Aiello Judith C $164,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $219,000 0.0% $285 / Sq Ft
05/18/2020 05/18/20 Pending -- -- --
03/28/2020 03/28/20 For Sale $219,000 -- $285 / 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 $1,690 $231,400 $84,700 $146,700
2023 $927 $231,400 $84,700 $146,700
2022 $917 $229,000 $84,700 $144,300
2021 $928 $231,600 $84,700 $146,900
2020 $928 $231,600 $84,700 $146,900
2019 $758 $161,300 $68,900 $92,400
2018 $758 $161,300 $68,900 $92,400
2017 $758 $161,300 $68,900 $92,400
2016 $694 $161,300 $68,900 $92,400
2014 $694 $161,300 $68,900 $92,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108905

Outer Banks Association of REALTORS®

APN: 028701000