NOT LISTED FOR SALE

3331 S Memorial Ave Nags Head, NC 27959

Estimated Value: $1,345,000 - $1,765,000

5 Beds
6.5 Baths
4,112 Sq Ft
$384/Sq Ft Est. Value

Last Sold April 05, 2016

Last sale price $708,000 $172 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $9,073/month

22 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Traditional Architecture
  • Home Theater
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of April 2016

Sweet Salty Air promises and delivers!!! This great home backs up to a parking lot that is directly across from NH Pier so that you have unobstructed panoramic ocean views! Walk in downstairs into the huge game room with a pool table, card table, foos-ball table, wet bar with full size refrig, all that sit off of the media room with a large tv and comfortable couches and chairs and plenty of room to spread out, and a full bath. Then walk out the back slider to your private oasis with an outdoor shower, private heated salt water pool, hot tub and large playground area. The mid-level boasts 4 master suites (2 king, 1 queen, 1 duo-bunk) and a private sitting area/deck off the rear overlooking the pool. The upper level offers the expansive and well appointed kitchen, huge great room, full dining room, office/study, King Master Suite with jet tub, and a private front sitting deck perfect for morning coffee. ALL NEW LIVING ROOM furniture has been installed as well as shade tinted glass for the rear windows. An elevator will bring you to each level of the home with ease. Enjoy the sunrises from the sun decks on the rear upper level, while the mid level offers covered areas for your use. Plenty of owners closets, storage and pantries to have all your needs on hand. Walk directly out your back gate across the street to the world famous NH Pier and beach accesses. Old Nags Head Place is an established community tucked in between the highways offering a quiet neighborhood for you and your guests to enjoy. This home is lovingly maintained and well cared for by the second owner of the home. Put this home on the top of your MUST SEE list. Almost fully booked at January 2016!!! GREAT HOME - GREAT RENTS!!!

Last Agent to Sell the Property

Kim Endre

Twiddy and Co. - Duck License #220350 Listed on: 01/27/2016

Last Buyer's Agent

Michelle Huffman

Huffman Coastal Properties License #205638

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,668

Year Built

  • Built in 2006

Lot Details

  • 10,018 Sq Ft Lot
  • Lot Dimensions are 50 x 198
  • Fenced Yard
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,112 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Home Theater
  • Game Room
  • Sun or Florida Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Marble Countertops
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Saltwater Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Community Details

  • Geo T Stronach Subdivision

Listing and Financial Details

  • Tax Lot #408

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,668

Year Built

Built in 2006

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Traditional, Nags Head
  • Directions: From Beach Rd - Go west onto Bainbridge Ave - then south on Memorial Ave - home is on your left
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Hot Tub, Jet Tub, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: George T Stronach
  • Headline: NEW LIVING ROOM!!!
  • Heated Sq Ft: 4112
  • L V T Date: 01/27/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Deed Book Pg Number: 0258
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 3
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 2
  • Kitchen: On Level: 3
  • Countertops: Granite, Marble, Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Dining Room: On Level: 3
  • Family Room: On Level: 1
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Office, Sun/Florida Room, Utility Room, Media Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Custom, Salt, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 100
  • Home Owner Dwelling Insurance: 5600

Lot Info

  • Estimated Lot Sq Ft: 10018
  • Lot Description: Level
  • Lot Faces: W
  • Lot Size: 50 x 198
  • Lot Number: Lot #408
  • Deed Book: 1867

Rental Info

  • Flood Expenses: 578
  • Lease Terms: Weekly
  • Other Expenses: 1650
  • Other Expenses2: 686
  • Other Expenses3: 150
  • Poolspa Expense: 4250
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Sweet Salty Air
  • Rental Cottage Number: NH032
  • Rental Phone Number: 252.255.1220
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 4066
  • Annual Telephone Expense: 1738
  • Annual Water Expense: 644

Building Info

  • Year Built: 2006

Tax Info

  • Year: 2015
  • Taxes: 4667.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2016
Closed on
Apr 5, 2016
Sold by
Royall John and Royall Charlotte
Bought by
Williams Larry W and Williams Sherry I
Seller's Agent
Kim Endre
Twiddy and Co. - Duck
Buyer's Agent
Michelle Huffman
Huffman Coastal Properties
List Price
$725,000
Sold Price
$708,000
Premium/Discount to List
-$17,000
-2.34%
Current Estimated Value
$1,577,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$869,732
Avg. Annual Appreciation
8.86%
Original Mortgage
$495,000
Outstanding Balance
$395,371
Interest Rate
3.68%
Mortgage Type
New Conventional
Estimated Equity
$1,182,361

Purchase Details

Closed on
Apr 7, 2011
Sold by
Fv-1 Inc
Bought by
Royall John and Royall Charlotte

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2011
Sold by
Tummillo Michael A
Bought by
Fv-1 Inc and Morgan Stanley Mortgage Capital Holdings

Purchase Details

Closed on
Jan 11, 2006
Sold by
Bell Stuart L and Bell Stacy J
Bought by
Tummillo Michael
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
Williams Larry W $708,000 None Available
Royall John $600,500 None Available
Fv-1 Inc $640,000 None Available
Tummillo Michael $330,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Larry W $495,000
Previous Owner Royall John $450,000
Previous Owner Tummillo Michael A $0
Previous Owner Tummillo Michael A $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2016 04/05/16 Sold $708,000 -2.3% $172 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
01/27/2016 01/27/16 For Sale $725,000 -- $176 / 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 $6,424 $849,100 $240,000 $609,100
2023 $3,498 $873,464 $240,000 $633,464
2022 $3,498 $873,464 $240,000 $633,464
2021 $6,059 $874,296 $240,000 $634,296
2020 $3,502 $874,296 $240,000 $634,296
2019 $3,148 $647,500 $203,600 $443,900
2018 $3,148 $647,500 $203,600 $443,900
2017 $3,148 $647,500 $203,600 $443,900
2016 $2,880 $647,500 $203,600 $443,900
2014 $4,668 $647,500 $203,600 $443,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90923

Outer Banks Association of REALTORS®

APN: 016551104