NOT LISTED FOR SALE

3103 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,160,000 - $1,872,000

4 Beds
4 Baths
1,440 Sq Ft
$1,032/Sq Ft Est. Value

Last Sold June 08, 2023

Last sale price $1,550,000 $1,076 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,347/month

6 Days on Market

Highlights

  • Beach Front
  • Rooftop Deck
  • Coastal Architecture
  • Ocean View
  • 0.44 Acre Lot
  • Furnished

About This Home

As of June 2023

Nags Head Oceanfront Cottage! Elevator! Ocean Views! Private dune walk and oceanfront gazebo! 75 foot wide oceanfront lot with a large and vegetated dune! Located across the street from Tortuga's, this is one of the best and most sought after locations in Nags Head. This quintessential oceanfront cottage has 4 bedrooms and 4 bathrooms, a comfortable living area, elevator, bonus room, large covered porches, sun decks, private dune walk with oceanfront gazebo, ample parking under the home and more. It's everything you need at the beach and gives you a feeling of the way it used to be on the Outer Banks. The covered decks and porches are perfect for enjoying that morning cup of coffee watching the sun rise or relaxing in warm summer breezes with your favorite book! The main level of the home has 4 bedrooms, 3 full bathrooms, kitchen, dining area, laundry room, elevator access and opens up to wrap around covered porches and decks. Up the back stairs there is an amazing rooftop deck with even better ocean views. The top deck also access a bonus room with extra living space as well as a full bathroom. While originally built in 1952, the property has benefited from several rounds of renovations and updates over the years. Its effective age is much newer and it is a solid beach home in good condition. It is currently lovingly used by the owners as a second home only and they do not rent the property. Located on one of the best beaches and one of the most iconic stretches along the Outer Banks, this would make a perfect second home, investment property or primary residence. An ideal location near Nags Head Pier, Jockey's Ridge, wonderful restaurants, shopping, entertainment and everything the Outer Banks has to offer. This is a one of a kind home and a one of a kind opportunity. Don't wait!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 05/05/2023

Landmark Sotheby's International Realty

Last Buyer's Agent

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 05/05/2023

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,488

Year Built

  • Built in 1952

Lot Details

  • 0.44 Acre Lot
  • Beach Front
  • 75 Feet of Waterfront
  • Property is zoned CR

Home Design

  • Coastal Architecture
  • Cottage
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,440 Sq Ft Home
  • Elevator
  • Furnished
  • Beamed Ceilings
  • Window Treatments
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Rooftop Deck
  • Covered Deck
  • Exterior Lighting
  • Gazebo

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 10 Pt 11 / 1

Community Details

Overview

  • Nags Head Shores Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,488

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal, Cottage
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Gazebo, Outside Lighting, Outside Shower, Sun Deck, Roof Top Deck
  • Flood Zone: VE, AO
  • Subdivision Name: Nags Head Shores Amended Sec 2
  • Headline: Nags Head Oceanfront Cottage!
  • Heated Sq Ft: 1440
  • L V T Date: 05/07/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: CR
  • Deed Book Pg Number: 246
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C20671
  • 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 w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • View: Ocean
  • Water Frontage: 75

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 19000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 10 Pt 11
  • Estimated Lot Size: 0.44
  • Deed Book: 2392

Building Info

  • Year Built: 1952

Tax Info

  • Year: 2022
  • Taxes: 9488

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 5, 2023
Closed on
Jun 1, 2023
Sold by
Marshall Lee Williford Sr Living Trust
Bought by
Sims Douglas A and Sims Lisa D
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Brad Beacham
Landmark Sotheby's International Realty
List Price
$1,700,000
Sold Price
$1,550,000
Premium/Discount to List
-$150,000
-8.82%
Views
23
Current Estimated Value
$1,486,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,228
Avg. Annual Appreciation
-1.76%
Source: Public Records

Range of Values:

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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
Sims Douglas A $1,550,000 None Listed On Document
Marshall Lee Williford Sr Living Trust -- None Listed On Document
Marshall Lee Williford Sr Living Trust -- None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/08/2023 06/08/23 Sold $1,550,000 -8.8% $1,076 / Sq Ft
05/11/2023 05/11/23 Pending -- -- --
05/05/2023 05/05/23 For Sale $1,700,000 -- $1,181 / 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 $5,583 $1,147,000 $837,500 $309,500
2023 $4,573 $1,141,700 $837,500 $304,200
2022 $4,573 $1,141,700 $837,500 $304,200
2021 $4,573 $1,141,700 $837,500 $304,200
2020 $8,912 $1,141,700 $837,500 $304,200
2019 $4,254 $905,000 $694,500 $210,500
2018 $4,254 $905,000 $694,500 $210,500
2017 $4,124 $877,500 $694,500 $183,000
2016 $3,487 $810,900 $694,500 $116,400
2014 $4,065 $810,900 $694,500 $116,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122178

Outer Banks Association of REALTORS®

APN: 005246000