NOT LISTED FOR SALE

3422 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,058,638 - $1,586,000

5 Beds
4 Baths
2,495 Sq Ft
$493/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $555,000 $222 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $6,942/month

18 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Furnished
  • Beach Access
  • Cathedral Ceiling
  • Wet Bar

About This Home

As of December 2012

Semi-Oceanfront Deal! 5 bedroom and 4 bath home that is in the perfect location in Nags Head. Easy Beach Access, Close to Nags Head Fishing Pier and Jockey's Ridge, Views of Ocean, Private Pool and Hot Tub, Rec Room and More. Property is a rental machine....$53,805 in 2011 and YTD 2012 at $49,515. Owner only opens the home from 2nd week in May to third week in September. Ground floor has Rec Room, 1 bedroom and a bathroom. Mid Floor has 3 bedrooms, 2 baths and a mid floor sitting area. Top floor has Master Bedroom and Master Bathroom, Living Room, Kitchen and Dining. Home is sold fully furnished. This is a must see home!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 10/04/2012

Landmark Sotheby's International Realty

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,375

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
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,495 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck

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 287

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,375

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: South of Nags Head Fishing Pier on the West side of the Beach Road
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Outside Shower, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Geo T Stronach
  • Headline: Nags Head...1 Lot from Ocean
  • Heated Sq Ft: 2495
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0057
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Wet Bar

Exterior Features

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

Garage/Parking

  • Garage: Carport

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 50 X 200
  • Lot Number: Lot 287
  • Deed Book: 1645

Rental Info

  • Est Annual Rental Income: 53805
  • Estimated Rental Performance: 0.0969
  • Other Expenses: 368500
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Mangos Beach House
  • Rental Cottage Number: 1102
  • Rental Phone Number: 441-7166
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 2005

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 3375

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2012
Closed on
Dec 18, 2012
Sold by
Obx Ii Llc
Bought by
Heiczinger Joseph J and Heiczinger Margaret A
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$575,000
Sold Price
$555,000
Premium/Discount to List
-$20,000
-3.48%
Current Estimated Value
$1,229,660

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,660
Avg. Annual Appreciation
6.41%
Original Mortgage
$416,250
Outstanding Balance
$290,578
Interest Rate
3.38%
Mortgage Type
New Conventional
Estimated Equity
$936,202

Purchase Details

Closed on
Aug 9, 2005
Sold by
Culp Randall G and Culp Marilyn
Bought by
Obx Ii Llc
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
Heiczinger Joseph J $3,330,000 None Available
Obx Ii Llc $440,000 None Available
Obx Ii Llc $44,000 None Available
Obx Llc $440,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Heiczinger Joseph J $416,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2012 12/28/12 Sold $555,000 -3.5% $222 / Sq Ft
10/22/2012 10/22/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $575,000 -- $230 / 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 $5,081 $643,000 $297,500 $345,500
2023 $2,631 $656,820 $297,500 $359,320
2022 $2,631 $656,820 $297,500 $359,320
2021 $4,552 $656,820 $297,500 $359,320
2020 $2,631 $656,820 $297,500 $359,320
2019 $2,608 $540,000 $242,300 $297,700
2018 $2,615 $540,000 $242,300 $297,700
2017 $2,608 $540,000 $242,300 $297,700
2016 $2,386 $540,000 $242,300 $297,700
2014 $2,386 $540,000 $242,300 $297,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76565

Outer Banks Association of REALTORS®

APN: 007675000