NOT LISTED FOR SALE

3503 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,941,000 - $3,267,000

8 Beds
6.5 Baths
4,093 Sq Ft
$587/Sq Ft Est. Value

Last Sold November 13, 2012

Last sale price $885,000 $216 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $14,413/month

33 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • En-Suite Primary Bedroom
  • Ocean View
  • Covered Deck
  • Central Heating and Cooling System

About This Home

As of November 2012

Great Ocean Front with Elevator and Large Pool that will accomodate the family! Located close to Jockey's Ridge with unobstructed beautiful views! This is a large home that will be an great weekly rental and previously had excellent income. This house has been renovated and is freshly painted, new carpets, and new appliances. You owe it to yourself to take a look at this one. It will not last - be ready for the 2013 rental market and enjoy it this fall!

Last Agent to Sell the Property

Rosemarie Doshier

The Doshier Team OBX Realty License #112647 Listed on: 09/14/2012

Last Buyer's Agent

Lisa Strydom

Coldwell Banker Seaside Realty KH License #249050

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,461

Year Built

  • Built in 2003

Lot Details

  • 0.36 Acre Lot
  • Beach Front

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 4,093 Sq Ft Home
  • Elevator
  • Gas Fireplace
  • Ocean Views
  • Washer and Dryer Hookup

Kitchen

  • Oven or Range
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Septic System

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot #B

Community Details

Overview

  • Geo T Stronach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,461

Year Built

Built in 2003

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Bank Owned: Yes
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Outside Shower, Sun Deck
  • Headline: Great Ocean Front W/Elevator!
  • Heated Sq Ft: 4093
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 0068
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator
  • Bedrooms: 8
  • Bedroom 1: Nice, On Level: 3
  • Bedroom 2: Nice, On Level: 2
  • Bedroom 3: Nice, On Level: 2
  • Bedroom 4: Nice, On Level: 2
  • Bedroom 5: Nice, On Level: 2
  • Bedroom 6: Yes, On Level: 2
  • Bedroom 7: Yes, On Level: 1
  • Bedroom 8: Nice, On Level: 1
  • Kitchen: Nice, On Level: 3
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 6
  • Interior Amenities: Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Dining Room: Combo, On Level: 3
  • Game Room: Yes, On Level: 1
  • Living Room: Large, On Level: 3
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Covered Deck Size: Yes
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Large
  • View: Ocean

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15500
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot#B
  • Deed Book: 1891

Building Info

  • Year Built: 2003

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 12461

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 12, 2025
Sold by
Celeste Michael and Celeste Nicole
Bought by
Abip Properties Obx Llc
Current Estimated Value
$2,404,195

Purchase Details

Listed on
Sep 14, 2012
Closed on
Oct 24, 2012
Sold by
Wells Fargo Bank Na
Bought by
Celeste Michael
Seller's Agent
Rosemarie Doshier
The Doshier Team OBX Realty
Buyer's Agent
Lisa Strydom
Coldwell Banker Seaside Realty KH
List Price
$949,900
Sold Price
$885,000
Premium/Discount to List
-$64,900
-6.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.23%

Purchase Details

Closed on
Mar 5, 2012
Sold by
Hayden James J and Peebles Harrison M
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Oct 25, 2006
Sold by
3503 South Virginia Dare Trail Llc
Bought by
Hayden James J and Ferguson Harry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,335,920
Interest Rate
6.75%
Mortgage Type
Assumption

Purchase Details

Closed on
Mar 18, 2005
Sold by
Hayden James J and Hayden Amy M
Bought by
35003 South Virginia Dare Tarail Llc

Purchase Details

Closed on
Feb 16, 2005
Sold by
3503 South Virginai Dare Trail Llc A Nor
Bought by
Hayden James J and Ferguson Harry R
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
Abip Properties Obx Llc -- None Listed On Document
Celeste Michael $885,000 None Available
Wells Fargo Bank Na $1,591,723 None Available
Hayden James J -- None Available
35003 South Virginia Dare Tarail Llc -- None Available
Hayden James J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Celeste Michael $417,000
Previous Owner Hayden James J $1,335,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2012 11/13/12 Sold $885,000 -6.8% $216 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $949,900 -- $232 / 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 $13,161 $1,421,600 $783,000 $638,600
2023 $5,776 $1,442,152 $783,000 $659,152
2022 $5,776 $1,442,152 $783,000 $659,152
2021 $12,056 $1,442,152 $783,000 $659,152
2020 $5,776 $1,442,152 $783,000 $659,152
2019 $5,350 $1,111,200 $568,900 $542,300
2018 $5,350 $1,111,200 $568,900 $542,300
2017 $5,350 $1,111,200 $568,900 $542,300
2016 $4,895 $1,111,200 $568,900 $542,300
2014 $5,706 $1,111,200 $568,900 $542,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76282

Outer Banks Association of REALTORS®

APN: 007606000