NOT LISTED FOR SALE

3418 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,141,010 - $1,314,000

5 Beds
4 Baths
2,640 Sq Ft
$462/Sq Ft Est. Value

Last Sold July 29, 2022

Last sale price $1,010,000 $383 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $6,673/month

22 Days on Market

Highlights

  • Ocean Front
  • Fiberglass Pool
  • Whirlpool Bathtub
  • Beach Access
  • Cathedral Ceiling
  • Furnished

About This Home

As of July 2022

This 5-bedroom 4-bathroom home is located in Nags Head, on the Beach Road, with ocean views, a private pool and hot tub, a game room, a mid-level sitting room with a second fireplace, a bonus flex room, and a deeded beach access across the street to the north! There is also a public beach access just to the south. There is plenty of room in this home for family and friends to gather in the multiple common areas. The location is convenient to all of the Nags Head attractions, including shopping, restaurants, and close to the Nags Head Fishing Pier. Recent updates include Carpet, flooring and HVAC units. The home was freshly painted in December of 2021, and has new Trex decking, new rails and a new pool fence installed in 2022.

Last Agent to Sell the Property

Denice Tappero

Coldwell Banker Seaside Realty KH License #268929 Listed on: 06/27/2022

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Denice Tappero

Coldwell Banker Seaside Realty KH License #268929 Listed on: 06/27/2022

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,723

Year Built

  • Built in 2005

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Ocean Front
  • Level Lot

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,640 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms
  • Whirlpool Bathtub
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Fiberglass Pool
  • Outdoor Pool

Outdoor Features

  • Beach Access

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 289

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,723

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: On NC 12 just south of Nags Head Fishing Pier
  • Extras: Beach Access, Jet Tub, Whirlpool/Spa
  • Flood Zone: X
  • Subdivision Name: George T Stronach
  • Headline: Beach Road Ocean Views!
  • Heated Sq Ft: 2640
  • L V T Date: 06/27/2022
  • Roads: Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Advertised Income 2020: 61810
  • Advertised Income 2021: 70185
  • Advertised Income 2022: 69305
  • Deed Book Pg Number: 0044
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Washer Connection
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 3959

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Size: 50 X 200
  • Lot Number: Lot 289
  • Estimated Lot Size: 0.23
  • Deed Book: 1934

Rental Info

  • Est Annual Rental Income: 92800
  • Estimated Rental Performance: 0.0919
  • Flood Expenses: 858
  • Lease Terms: Weekly
  • Other Insurance Expenses: 355
  • Poolspa Expense: 5147
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: The Lazy Pelican
  • Rental Cottage Number: 829
  • Rental Phone Number: 252-261-4444
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1513
  • Annual Electric: 2391
  • Annual Telephone Expense: 910
  • Annual Water Expense: 246

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2021
  • Taxes: 4723.43

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Jul 22, 2022
Sold by
Williams Derrick J and Williams Amy L
Bought by
Lyn Van Laurette Trust Llc
Seller's Agent
Denice Tappero
Coldwell Banker Seaside Realty KH
Buyer's Agent
Denice Tappero
Coldwell Banker Seaside Realty KH
List Price
$1,105,000
Sold Price
$1,010,000
Premium/Discount to List
-$95,000
-8.6%
Current Estimated Value
$1,218,753

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,753
Avg. Annual Appreciation
5.96%

Purchase Details

Listed on
Sep 28, 2012
Closed on
Jun 24, 2013
Sold by
Stewart James A and Stewart Louise A
Bought by
Williams Derrick J and Williams Amy L
Seller's Agent
David Weybright
Coastal Outer Banks Realty
Buyer's Agent
Denice Tappero
Coldwell Banker Seaside Realty KH
List Price
$645,000
Sold Price
$552,500
Premium/Discount to List
-$92,500
-14.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.87%
Original Mortgage
$414,375
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2009
Sold by
Acadia Homes Llc
Bought by
Stewart James A and Stewart Louise A

Purchase Details

Closed on
Jun 28, 2005
Sold by
Culp Randall Glenn and Culp Marilyn S
Bought by
Acadia Homes Llc
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
Lyn Van Laurette Trust Llc $5,050,000 Brumsey And Brumsey Pllc
Williams Derrick J $552,500 None Available
Stewart James A -- None Available
Acadia Homes Llc $440,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williams Derrick J $414,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2022 07/29/22 Sold $1,010,000 -8.6% $383 / Sq Ft
07/19/2022 07/19/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $1,105,000 +100.0% $419 / Sq Ft
07/02/2013 07/02/13 Sold $552,500 -14.3% $210 / Sq Ft
06/26/2013 06/26/13 Pending -- -- --
09/28/2012 09/28/12 For Sale $645,000 -- $245 / 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 $2,530 $666,000 $297,500 $368,500
2023 $2,726 $680,740 $297,500 $383,240
2022 $2,726 $680,740 $297,500 $383,240
2021 $4,728 $680,740 $297,500 $383,240
2020 $2,726 $680,740 $297,500 $383,240
2019 $2,641 $546,700 $242,300 $304,400
2018 $2,641 $546,700 $242,300 $304,400
2017 $2,648 $546,700 $242,300 $304,400
2016 $2,416 $546,700 $242,300 $304,400
2014 $3,952 $546,700 $242,300 $304,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119467

Outer Banks Association of REALTORS®

APN: 007676000