NOT LISTED FOR SALE

305 E Driftwood St Nags Head, NC 27959

Estimated Value: $980,000 - $1,085,000

5 Beds
5.5 Baths
2,660 Sq Ft
$389/Sq Ft Est. Value

Last Sold October 25, 2018

Last sale price $581,250 $219 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $5,792/month

64 Days on Market

Highlights

  • In Ground Pool
  • Furnished
  • Game Room
  • Wood Flooring
  • Granite Countertops
  • Fenced Yard

About This Home

As of October 2018

You will love the ocean views from this well maintained home! It is steps to the beach and centrally located in the heart of Gallery Row, the Outer Banks' Art District. Don't miss this great opportunity to own this fully furnished 5 bedroom, 5 1/2 bath home and all it has to offer. This home will appeal to a buyer looking for a 2nd home, full time residence or a vacation rental home. Strong rental history is due to a great pool area, cabana bathroom, hot tub, patio, decks, outside shower, covered parking/ dry entry, game room with a pool table, wet bar, kids TV room, 4 master suites, all bedrooms with flat screens, extensive artwork, Captains Watch on top level, gas fire place, awesome kitchen with granite, under cabinet lighting, newer appliances and 2 refrigerators. Owners have done significant improvements and updates over the past 4 winters.

Last Agent to Sell the Property

Ken Baittinger

Carolina Designs Realty License #275379 Listed on: 07/30/2018

Last Buyer's Agent

Mike Bishal

Great Escapes Vacations & Sales License #201359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,120

Year Built

  • Built in 2001

Lot Details

  • Fenced Yard
  • Level Lot

Home Design

  • Reverse Style Home
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 2,660 Sq Ft Home
  • Furnished
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water

Community Details

  • Nags Head Shores Subdivision

Listing and Financial Details

  • Tax Lot 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,120

Year Built

Built in 2001

Lot Details

0.25 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Right off of Va Dare Trail, Near Gallery Row
  • Extras: Fenced Yard, Outside Lighting, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Headline: NH Dream Home with solid rents
  • Heated Sq Ft: 2660
  • L V T Date: 07/30/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: RES
  • Deed Book Pg Number: 0108
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • 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, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Water: Municipal

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 10
  • Deed Book: 1913

Rental Info

  • Est Annual Rental Income: 69040
  • Estimated Rental Performance: 0.1188
  • Rental Co: Beach Realty & Construction
  • Rental Cottage Name: Anne's Dream
  • Rental Turnover Day: Saturday
  • Rental Contact Email: brook@beachrealtync.com
  • Rental Contact Name: Brook Sparks
  • Rental Contact Phone: 252-255-4306

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2017
  • Taxes: 4120

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2018
Closed on
Oct 25, 2018
Sold by
Graham Walter K and Graham Ann L
Bought by
Riley Patrick and Riley Lisa M
Seller's Agent
Ken Baittinger
Carolina Designs Realty
Buyer's Agent
Mike Bishal
Great Escapes Vacations & Sales
List Price
$599,000
Sold Price
$581,250
Premium/Discount to List
-$17,750
-2.96%
Current Estimated Value
$1,034,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$453,660
Avg. Annual Appreciation
8.12%
Original Mortgage
$453,100
Outstanding Balance
$396,803
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$638,107

Purchase Details

Closed on
Nov 1, 2012
Sold by
Hogg Oakley W and Hogg Patricia A
Bought by
Graham Walter K and Graham Ann L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,875
Interest Rate
3.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 1, 2008
Sold by
Hummer Robert and Hummer Bonnie J
Bought by
Hogg Oakley W and Hogg Patricia A

Purchase Details

Closed on
Jun 8, 2006
Sold by
Facchini Ralph and Facchini Patricia
Bought by
Hogg Oakley W and Hogg Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
6.51%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Riley Patrick $581,500 --
Graham Walter K $537,500 None Available
Hogg Oakley W $312,500 None Available
Hogg Oakley W $735,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Riley Patrick $453,100
Previous Owner Graham Walter K $39,875
Previous Owner Hogg Oakley W $588,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2018 10/25/18 Sold $581,250 -3.0% $219 / Sq Ft
10/02/2018 10/02/18 Pending -- -- --
07/30/2018 07/30/18 For Sale $599,000 -- $225 / 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 $4,885 $967,700 $464,800 $502,900
2024 $4,621 $613,600 $247,500 $366,100
2023 $2,516 $628,244 $247,500 $380,744
2022 $2,516 $628,244 $247,500 $380,744
2021 $2,516 $628,244 $247,500 $380,744
2020 $2,516 $628,244 $247,500 $380,744
2019 $2,485 $513,700 $211,800 $301,900
2018 $2,492 $513,700 $211,800 $301,900
2017 $2,485 $513,700 $211,800 $301,900
2016 $2,274 $513,700 $211,800 $301,900
2014 $2,274 $513,700 $211,800 $301,900
Source: Public Records

Agents Affiliated with this Home

  • Ken Baittinger

    Seller's Agent in 2018

    Ken Baittinger

    Carolina Designs Realty

    (252) 305-5255

    9 in this area

    72 Total Sales

    Ken Baittinger
    Section Image
  • Mike Bishal

    Buyer's Agent in 2018

    Mike Bishal

    Great Escapes Vacations & Sales

    (252) 207-4554

    3 in this area

    43 Total Sales

    Mike Bishal
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101428

Outer Banks Association of REALTORS®

APN: 006690000

North Carolina Dare County Nags Head 27959

305 E Driftwood St, Nags Head, NC

Not Listed for Sale

Detached

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