NOT LISTED FOR SALE

2906 S Memorial Ave Nags Head, NC 27959

Estimated Value: $682,000 - $809,000

4 Beds
3 Baths
1,716 Sq Ft
$435/Sq Ft Est. Value

Last Sold December 01, 2016

Last sale price $335,000 $195 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $4,318/month

53 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Furnished
  • Beach Access
  • Contemporary Architecture
  • 4-minute walk to Dowdy Park

About This Home

As of December 2016

FABULOUS HOME IN NAGS HEAD ON S. MEMORIAL AVENUE - JUST SOUTH OF BLACKMAN STREET (BLACKMAN STREET - JUST A FEW MINUTES WALK TO DIRECT BEACH ACCESS WITH PARKING AREA) *** HOME FEATURES SPACIOUS GREAT ROOM AND ONE LEVEL LIVING IN THE MAIN HOME UPPER LEVEL ... EXPANSIVE SUN DECK ON SOUTH SIDE FOR GREAT SUN, AND 2 TIER SUN DECK ON THE EAST SIDE FRONT OF HOME WITH FANTASTIC OCEAN VIEWS! LOWER LEVEL FEATURES SPACIOUS CARPORT, LARGE LAUNDRY ROOM WITH STORAGE, SHALLOW SPACE GARAGE OWNERS AREA, AND ENTRY INTO LOWER LEVEL FINISHED SPACE WITH GAME ROOM, MINI KITCHEN, FULL BATH & BEDROOM ... OPEN THE SLIDING GLASS DOOR TO THE BEAUTIFUL AND PRIVATE REAR YARD - BEAUTIFUL GREEN GRASS AND QUIET PRIVATE NEW POOL ADDITION IN 2012 AT WHICH TIME THE SEPTIC SYSTEM WAS RELOCATED AND NEWLY INSTALLED * BE SURE TO CHECK OUT THE STAIRTAMER LIFT ON THE NORTH SIDE OF THE FRONT PORCH - A GREAT WAY TO TRANSPORT YOUR LUGGAGE OR GROCERIES SO YOU WONT HAVE TO CARRY THEM UP THE STAIRS! *** See Sun Realty Vacation Rental Ad: Come for a “Getaway” in this classic Nags Head beach house located just one block from the ocean. This home was recently renovated. Location is close to the Bonnett Street beach access, which has lifeguards and showers as well. After a long day at the beach, relax in the 12x24 private pool. The ground floor features a queen bedroom, recreation room with pool table and foosball table, and wet bar. The top level features a living room, dining room, kitchen, two queen bedrooms and twin bedroom. The covered decks and sun decks are furnished with built in benches and a picnic table. It’s the perfect place to enjoy a family meal. A roof top deck offers horizon ocean views. Wireless Internet is available to keep you connected to home or the office. This home is just a short drive from Jockey’s Ridge State Park, the largest sand dune on the East Coast. It’s a great place to catch a sunrise or a sunset and offers ocean to sound views of this sandbar. Pool open 05/08 to 10/09/16. ##NO PETS ALLOWED## ... END *** HOME IS SOLD FULLY FURNISHED - OWNER ITEMS IN LOCKED STORAGE AREAS EXCLUDED * GREAT RENTAL INCOME PRODUCER - RENT NUMBERS COMING SHORTLY *** HOME IS PERFECT BEACH HOME "GET AWAY" ... COME SEE!

Last Agent to Sell the Property

John Leatherwood

Coldwell Banker Seaside Realty KH License #86507 Listed on: 08/13/2016

Coldwell Banker Seaside Realty KH

Co-Listed By

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Last Buyer's Agent

Tim Lancsek

Surfside Realty License #210399

Surfside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,028

Year Built

  • Built in 1976

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 146
  • Landscaped
  • Level Lot

Home Design

  • Contemporary Architecture
  • Cottage
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,716 Sq Ft Home
  • Furnished
  • Window Treatments
  • Ocean Views
  • Dryer

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Garage
  • Garage Door Opener

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Nags Head Shores Subdivision

Listing and Financial Details

  • Legal Lot and Block 9 / 11

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,028

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Cottage
  • Directions: Bypass - East on E Blackman St - ADJACENT Secret Spot Surf Shop, Right on Memorial - Home on right * Direct walking Beach Access to E Blackman St Beach Access w/ parking.
  • Extras: Beach Access, Garage Door Opener, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Storm Doors, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: NAGS HEAD SHORES
  • Headline: FABULOUS HOME*GAME ROOM*POOL!
  • Heated Sq Ft: 1716
  • L V T Date: 08/15/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Zoning: R
  • Deed Book Pg Number: 0158
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 4
  • Bedroom 1: MAIN, On Level: 2
  • Bedroom 2: YES, On Level: 2
  • Bedroom 3: YES, On Level: 2
  • Bedroom 4: YES, On Level: 1
  • Kitchen: NICE, On Level: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Some Windows Treated, Washer Connection
  • Dining Room: YES, On Level: 2
  • Family Room: GAME ROOM, On Level: 1
  • Living Room: NICE, On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: FRONT
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • Sun Deck Size: ROOF DECK
  • View: Ocean

Garage/Parking

  • Garage: Attached, Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2166

Lot Info

  • Estimated Lot Sq Ft: 7405
  • Lot Description: Level
  • Lot Faces: EAST
  • Lot Size: 50 X 146
  • Lot Number: Lot 9
  • Deed Book: 1873

Rental Info

  • Flood Expenses: 923
  • Lease Terms: Weekly
  • Other Expenses: 138200
  • Rental Co: Sun Realty
  • Rental Cottage Name: GET AWAY
  • Rental Cottage Number: 436
  • Rental Phone Number: 252-441-8011
  • Rental Turnover Day: SUNDAY
  • Annual Electric: 1520
  • Annual Water Expense: 336

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2016
  • Taxes: 2027.87

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2016
Closed on
Nov 23, 2016
Sold by
Gray John S and Gray Deette D
Bought by
Sharp Rex and Sharp Vickie
Seller's Agent
John Leatherwood
Coldwell Banker Seaside Realty KH
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$349,500
Sold Price
$335,000
Premium/Discount to List
-$14,500
-4.15%
Current Estimated Value
$746,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$411,344
Avg. Annual Appreciation
9.60%
Original Mortgage
$268,000
Outstanding Balance
$217,108
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$529,236

Purchase Details

Closed on
Aug 5, 2011
Sold by
Koyiades Gregory N
Bought by
Gray John S and Gray Deette D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,625
Interest Rate
4.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Sharp Rex -- Attorney
Gray John S $299,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sharp Rex $268,000
Previous Owner Gray John S $139,000
Previous Owner Gray John S $224,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2016 12/01/16 Sold $335,000 -4.1% $195 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
08/13/2016 08/13/16 For Sale $349,500 -- $204 / 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 $3,029 $402,400 $187,500 $214,900
2023 $1,646 $410,996 $187,500 $223,496
2022 $1,646 $410,996 $187,500 $223,496
2021 $1,646 $410,996 $187,500 $223,496
2020 $1,649 $411,828 $187,500 $224,328
2019 $1,308 $271,600 $138,200 $133,400
2018 $1,308 $271,600 $138,200 $133,400
2017 $1,308 $271,600 $138,200 $133,400
2016 $1,197 $271,600 $138,200 $133,400
2014 $1,197 $271,600 $138,200 $133,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93420

Outer Banks Association of REALTORS®

APN: 005380000