NOT LISTED FOR SALE

3403 S Memorial Ave Nags Head, NC 27959

Estimated Value: $1,009,000 - $1,295,000

5 Beds
5 Baths
2,658 Sq Ft
$435/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $647,000 $243 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $6,626/month

11 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Wooded Lot

About This Home

As of July 2018

Captain's Cottage Is Top to Bottom Move In Ready to Enjoy! Ocean Views and a Quick Walk Along a Quiet Path from the Back Yard to the Nags Head Pier and Beautiful Nags Head Beaches. Old Live Oaks Provide Privacy in a Lovely Beach Neighborhood of Primary Residences, Second Homes and Vacation Rental Properties. Freshly Painted Inside and Out. Open Concept Living on Top Floor...Living Room with Gas (Propane) Fireplace and Andersen Sliding Door to Covered Deck, Ample Dining Space for Everyone with Another Sliding Door to Sun Deck, Very Good-Sized Kitchen with Plenty of Cabinets and Counterspace Plus an Island Bar. Lovely Master Bedroom, Furnished in Antiques, with Full Bath Complete the Floor. The Mid-Level Is the Primary Entry from the Covered Front Porch with Its Perfect Rocking Chairs...from the Foyer Up the Steps to the Living Area or Along the Mid-Level Hallway to Three Bedrooms with Private Baths. A Second Master Bedroom and Full Bath with Both Jetted Tub and Walk-In Shower and Two More Bedrooms with Private Baths and Doors to the Covered Deck Overlooking the Pool. On the First Level, the Game Room Is Floored in Water Resistant Pergo and Ceramic Tile, Perfect for Pool Side Traffic. Equipped with Pool Table, Wet Bar with Mini-Fridge and Comfortable Seating for TV-Watching and Table Games, the Game Room Opens to the Patio, Hot Tub and Pool Deck. The Fifth Bedroom and Bath Offer Direct Access to the Patio, Hot Tub and Pool. All Porches and Decks Are Newly and Nicely Furnished.

Last Agent to Sell the Property

Mary-Ruth Reiss

Coldwell Banker Seaside Realty - KDH License #77895 Listed on: 06/02/2018

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,056

Year Built

  • Built in 2003

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 50x200
  • Level Lot
  • Wooded Lot
  • Property is zoned C2

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,658 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 405

Community Details

Overview

  • Association fees include management, walkways
  • Julia Lee, Manager Association, Phone Number (252) 715-4564
  • Built by David Alexander
  • Old Nh Place Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,056

Year Built

Built in 2003

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From NC 12 Virginia Dare Trail South, Near Mile Post 11.75 and Just North of the Nags Head Fishing Pier, Turn West on Bainbridge and then South on Memorial. Subject on the Left at 3403 South Memorial Avenue. From Hwy 158 South Croatan Highway, Near Mile Post 12 and Just North of Jockey's Ridge State Park, Turn East on Hollowell and then North on Memorial. Subject on the Right at 3403 South Memorial Avenue.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Geo T Stronach Old Nags Head Place
  • Headline: Pathway from Back Yard to Pier
  • Heated Sq Ft: 2658
  • L V T Date: 06/02/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: C2
  • Deed Book Pg Number: 213
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 5
  • Bedroom 1: 13x19'8, On Level: 3
  • Bedroom 2: 11x19'6, On Level: 2
  • Bedroom 3: 13'4x13'6, On Level: 2
  • Bedroom 4: 12x13, On Level: 2
  • Bedroom 5: 13x16'8, On Level: 1
  • Kitchen: 11'4x14'5, On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet, Washer Connection, Wet Bar
  • Dining Room: 11x12, On Level: 3
  • Game Room: 13x28+/-, On Level: 1
  • Living Room: 13x20, On Level: 3
  • Optional Rooms: Foyer, Game Room, Utility Room

Exterior Features

  • Homebuilder: David Alexander
  • Construction: Frame, Wood
  • Covered Deck Size: 459 SF
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • Sun Deck Size: 8x13
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Walkways
  • Association Amenities: Ocean Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 100
  • Hoa Contact: Julia Lee, Manager
  • HOA Contact: 252-715-4564

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level, Wooded
  • Lot Faces: W
  • Lot Size: 50x200
  • Lot Number: Lot 405
  • Estimated Lot Size: 0.23
  • Deed Book: 1558

Rental Info

  • Lease Terms: Weekly
  • Other Expenses: 203600
  • Rental Co: Resort Realty
  • Rental Cottage Name: Captain's Cottage
  • Rental Cottage Number: 5455
  • Rental Phone Number: 252-441-5000
  • Rental Turnover Day: Saturday
  • Rental Contact Email: Debbie.harrell@resortrealty.com
  • Rental Contact Name: Debbie Harrell, New Owner Consultant,Resort Realty
  • Rental Contact Phone: 252-305-9011

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2017
  • Taxes: 4055.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2018
Closed on
Jul 20, 2018
Sold by
Jessup Sidney P
Bought by
Kniceley Roger L and Kniceley Betty B
Seller's Agent
Mary-Ruth Reiss
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$659,000
Sold Price
$647,000
Premium/Discount to List
-$12,000
-1.82%
Current Estimated Value
$1,155,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,587
Avg. Annual Appreciation
8.46%
Original Mortgage
$517,600
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kniceley Roger L $647,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kniceley Roger $503,400
Closed Kniceley Roger L $517,600
Previous Owner Jessup Siney P $235,108
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2018 07/20/18 Sold $647,000 -1.8% $243 / Sq Ft
06/13/2018 06/13/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $659,000 -- $248 / 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 $4,449 $590,900 $240,000 $350,900
2023 $2,423 $604,936 $240,000 $364,936
2022 $4,192 $604,936 $240,000 $364,936
2021 $2,423 $604,936 $240,000 $364,936
2020 $2,423 $604,936 $240,000 $364,936
2019 $2,478 $511,800 $203,600 $308,200
2018 $2,485 $511,800 $203,600 $308,200
2017 $2,485 $511,800 $203,600 $308,200
2016 $2,267 $511,800 $203,600 $308,200
2014 $2,274 $511,800 $203,600 $308,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100751

Outer Banks Association of REALTORS®

APN: 016551101