NOT LISTED FOR SALE

3117 S Memorial Ave Nags Head, NC 27959

Estimated Value: $997,960 - $1,198,000

0.17 Acre
$6,374,942 Price per Acre
7,842 Sq Ft Lot

Last Sold November 15, 2013

Last sale price $155,000

Est. 593% increase in value since last sale

Current estimated payment $6,224/month

593 Days on Market

About This Lot

As of November 2013

Dare County Health Dept. preliminary approval for 4 BR 3.5 BA house . Lot will accommodate a pool. Includes compliant causeway and driveway access to lot. Wonderful central location in established area. Easy walk to Nags Head beach access at Bladen, MP 11. Friendly family location close to shops,YMCA, entertainment , restaurants Well vegetated lot. Great value and opportunity Priced below new Dare County Tax assessment. Listing Agent has an ownership interest in tihis property.

Last Agent to Sell the Property

Lilias Morrison

Real Escapes Properties License #041243 Listed on: 03/20/2012

Last Buyer's Agent

Lilias Morrison

Real Escapes Properties License #041243 Listed on: 03/20/2012

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $799

Lot Details

  • 7,842 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Wooded Lot

Farming

  • Timber

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Nags Head Shores Subdivision

Listing and Financial Details

  • Tax Block 8

Property Details

Property Type

Land

Est. Annual Taxes

$799

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: From Beach Rd, NC12, turn west at Bladen then north on South Memorial 3rd lot from corner
  • Subdivision Name: Nags Head Shores Amended
  • Headline: Nags Head Shores Lot
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: RES
  • Timber: Light
  • Deed Book Pg Number: 0247/0238
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 50

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 7842
  • Lot Description: Wooded
  • Lot Faces: W
  • Lot Size: 50 x 150
  • Deed Book: 11/11/1756
  • Unit/Lot Number: Lot 21

Tax Info

  • Year: 2012
  • Taxes: 799.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2012
Closed on
Oct 31, 2013
Sold by
Frost Jennifer Jean and Morrison Lilias Joan
Bought by
Harrell Jerry Wayne and Harrell Carolyn H
Seller's Agent
Lilias Morrison
Real Escapes Properties
Buyer's Agent
Lilias Morrison
Real Escapes Properties
List Price
$175,000
Sold Price
$155,000
Premium/Discount to List
-$20,000
-11.43%
Current Estimated Value
$1,074,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$919,285
Avg. Annual Appreciation
18.10%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Harrell Jerry Wayne -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanischak Cary $175,000
Previous Owner Morrison Lillas J $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2013 11/15/13 Sold $155,000 -11.4% --
11/03/2013 11/03/13 Pending -- -- --
03/20/2012 03/20/12 For Sale $175,000 -- --
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 $4,447 $604,600 $213,800 $390,800
2023 $2,421 $604,600 $213,800 $390,800
2022 $2,421 $604,600 $213,800 $390,800
2021 $2,421 $604,600 $213,800 $390,800
2020 $2,421 $604,600 $213,800 $390,800
2019 $2,436 $518,400 $194,400 $324,000
2018 $2,436 $518,400 $194,400 $324,000
2017 $2,436 $518,400 $194,400 $324,000
2016 $2,229 $518,400 $194,400 $324,000
2014 $1,355 $194,400 $194,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74150

Outer Banks Association of REALTORS®

APN: 005342000