NOT LISTED FOR SALE

307 W Cobbs Way Nags Head, NC 27959

Estimated Value: $587,117 - $649,000

4 Beds
3.5 Baths
1,958 Sq Ft
$314/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $454,501 $232 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,445/month

5 Days on Market

Highlights

  • Cathedral Ceiling
  • Laundry Room
  • En-Suite Primary Bedroom
  • Cottage
  • Outdoor Shower
  • Central Heating and Cooling System

About This Home

As of November 2021

Whether you're seeking an Outer Banks home that exudes vintage charm, or searching for a property with good bones to update and make your own, this Southridge cottage is for you! Centrally located between the ocean and the sound and equipped with 4 bedrooms, 3.5 baths and a fantastic floorplan, this well-loved home is ready for your finishing touches. The main level features a spacious kitchen with a breakfast nook opening out onto a sun deck, as well as a combined living and dining area with vaulted ceilings and a wooden-planked accent wall. The owner’s suite, with attached private bath, is on this level, as well as a convenient powder room in the main hall. On the top floor you’ll find two additional bedrooms with a shared Jack-and-Jill bath and connected by a catwalk-style hallway that overlooks the living area. The fourth bedroom is located on the ground floor (the sellers have repurposed this room as a den), as well as a full bath and laundry. Additional conveniences, such as dry entry, outdoor shower, and covered parking, coupled with close proximity to the beach, shopping and dining make this a versatile property for a primary residence, second home, or vacation rental. The cottage has been loved and maintained as first a primary and more recently as a second home by the same family since it was built, and it shows: you won't find the typical rental property wear and tear here. Come see all of the great features this cottage has to offer and start bringing your visions to life!

Last Agent to Sell the Property

Danielle Taylor

Keller Williams - Outer Banks License #273134 Listed on: 09/18/2021

Keller Williams - Outer Banks

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction License #141499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,284

Year Built

  • Built in 1994

Lot Details

  • 8,000 Sq Ft Lot

Home Design

  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,958 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Southridge Subdivision

Listing and Financial Details

  • Tax Lot 56

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,284

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Cottage
  • Directions: From US-158 South: Turn right onto Deering Street (by Nags Head Post Office), take 3rd left onto W. Southridge Rd. Turn left on Cobbs Way; home will be on the left.
  • Extras: Ceiling Fan(s), Outside Shower, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Southridge Sec 2
  • Headline: Make it Your Own!
  • Heated Sq Ft: 1958
  • L V T Date: 09/18/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: Res
  • Deed Book Pg Number: 0013
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • 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: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1120

Lot Info

  • Estimated Lot Sq Ft: 8000
  • Lot Number: Lot 56
  • Estimated Lot Size: 0.18
  • Deed Book: 1848

Rental Info

  • Flood Expenses: 858
  • Other Expenses: 495
  • Other Expenses2: 212
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 2628
  • Annual Electric: 1394
  • Annual Water Expense: 237

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2021
  • Taxes: 2284.16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 18, 2021
Closed on
Nov 12, 2021
Sold by
Godwin Carol O and Godwin Coy R
Bought by
Hapner Heretta B and Hapner Douglas E
Seller's Agent
Danielle Taylor
Keller Williams - Outer Banks
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$439,000
Sold Price
$454,501
Premium/Discount to List
$15,501
3.53%
Current Estimated Value
$614,029

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$159,528
Avg. Annual Appreciation
8.14%
Original Mortgage
$409,051
Outstanding Balance
$376,396
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$237,533

Purchase Details

Closed on
Nov 1, 2010
Sold by
Oleyar John H
Bought by
Godwin Carol O and Kacmarski Donna O
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
Hapner Heretta B $455,000 None Available
Godwin Carol O -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hapner Heretta B $409,051
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2021 11/19/21 Sold $454,501 +3.5% $232 / Sq Ft
09/23/2021 09/23/21 Pending -- -- --
09/18/2021 09/18/21 For Sale $439,000 -- $224 / 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 $2,425 $332,000 $106,800 $225,200
2023 $1,330 $332,000 $106,800 $225,200
2022 $1,330 $332,000 $106,800 $225,200
2021 $1,330 $332,000 $106,800 $225,200
2020 $1,330 $332,000 $106,800 $225,200
2019 $1,168 $248,500 $94,800 $153,700
2018 $1,168 $248,500 $94,800 $153,700
2017 $1,168 $248,500 $94,800 $153,700
2016 $1,069 $248,500 $94,800 $153,700
2014 $1,069 $248,500 $94,800 $153,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116166

Outer Banks Association of REALTORS®

APN: 030437000