NOT LISTED FOR SALE

3404 S Memorial Ave Nags Head, NC 27959

Estimated Value: $1,101,000 - $1,261,000

7 Beds
5.5 Baths
2,913 Sq Ft
$404/Sq Ft Est. Value

Last Sold December 14, 2015

Last sale price $575,000 $197 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $6,783/month

130 Days on Market

Highlights

  • Beach Access
  • Second Refrigerator
  • Wooded Lot
  • Outdoor Pool
  • Coastal Architecture
  • Hydromassage or Jetted Bathtub

About This Home

As of December 2015

Seven (7) bedroom, 5 baths and 1 half bath! Great location, short walk to beach - tucked away in Old Nags Head Place on Memorial Ave. Private pool, hot tub, game room, covered decks and sun deck. Landscaped yard with grass. Great rentals! Want lots of bedrooms, give us a call. For more information: "http://www.vrbo.com506844".

Last Agent to Sell the Property

Thomas Harper

Keller Williams - Outer Banks License #54815 Listed on: 06/25/2015

Co-Listed By

James Morris

Default, Office License #230824

Last Buyer's Agent

Matt Huband

OBX Realty Group, LLC License #223529

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,527

Year Built

  • Built in 2002

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 71 x 210
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Wooded Lot

HOA Fees

  • $8 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,913 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank
  • Septic System

Community Details

  • Old Nh Place Subdivision

Listing and Financial Details

  • Tax Lot #9

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,527

Year Built

Built in 2002

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal
  • Directions: From Beach Rd, MP.12, turn west onto Hollowell, go 1 block, turn right onto Memorial Ave. (15-17 houses on left), go to #3404.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Jet Tub, Landscaped, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Old Nags Head Place
  • Headline: 7 BR WITH POOL, CENTER OF NH!
  • Heated Sq Ft: 2913
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 0359
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 7
  • Floor Coverings: Carpet, Ceramic Tile, Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 71

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 100

Lot Info

  • Estimated Lot Sq Ft: 14900
  • Lot Description: Level, Wooded
  • Lot Size: 71 x 210
  • Lot Number: Lot#9
  • Deed Book: 1551

Rental Info

  • Est Annual Rental Income: 66465
  • Estimated Rental Performance: 0.1156
  • Lease Terms: Weekly
  • Rental Co: Elan Vacations
  • Rental Cottage Name: Hughes Hideaway
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2015
  • Taxes: 3527

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Hamilton William Mitchell and Hamilton Elaine Downe
Bought by
Mitchell And Elaine Hamilton Joint Trust and Hamilton
Current Estimated Value
$1,178,060

Purchase Details

Listed on
Jun 25, 2015
Closed on
Dec 7, 2015
Sold by
Schwartz Steve A and Schwartz Gale
Bought by
Hamilton William Mitchell and Hamilton Elaine Downer
Seller's Agent
Thomas Harper
Keller Williams - Outer Banks
Buyer's Agent
Matt Huband
OBX Realty Group, LLC
List Price
$599,000
Sold Price
$575,000
Premium/Discount to List
-$24,000
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.64%
Original Mortgage
$350,000
Interest Rate
4.01%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Mitchell And Elaine Hamilton Joint Trust -- None Listed On Document
Hamilton William Mitchell -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hamilton William Mitchell $344,000
Previous Owner Hamilton William Mitchell $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Sold $575,000 -4.0% $197 / Sq Ft
11/02/2015 11/02/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $599,000 -- $206 / 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 $4,873 $647,100 $262,500 $384,600
2023 $2,653 $662,484 $262,500 $399,984
2022 $4,591 $662,484 $262,500 $399,984
2021 $2,653 $662,484 $262,500 $399,984
2020 $2,653 $662,484 $262,500 $399,984
2019 $2,490 $513,400 $187,200 $326,200
2018 $2,490 $513,400 $187,200 $326,200
2017 $2,490 $513,400 $187,200 $326,200
2016 $2,278 $513,400 $187,200 $326,200
2014 $3,703 $513,400 $187,200 $326,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 88613

Outer Banks Association of REALTORS®

APN: 016551012