NOT LISTED FOR SALE

3505 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,934,000 - $3,192,000

8 Beds
6.5 Baths
4,056 Sq Ft
$600/Sq Ft Est. Value

Last Sold June 11, 2012

Last sale price $855,000 $211 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $20,372/month

41 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 June 2012

This is a great ocean front located in Nags Head and has been brightened up and is in good condition. Direct access to the beach by private walkway - large ocean front pool - large bedrooms and baths and can be ready for this rental season. Come take a look today - this one will sell itself!

Last Agent to Sell the Property

Rosemarie Doshier

The Doshier Team OBX Realty License #112647 Listed on: 03/14/2012

Last Buyer's Agent

Sally Holt

Surfside Realty License #183933

Surfside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,541

Year Built

  • Built in 2001

Lot Details

  • 0.36 Acre Lot
  • Beach Front

HOA Fees

  • $5,833 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 4,056 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Ocean Views
  • Washer Hookup

Kitchen

  • Oven or Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Outdoor Features

  • In Ground Pool
  • Covered Deck

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot #72&177

Community Details

Overview

  • Geo T Stronach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,541

Year Built

Built in 2001

Lot Details

0

HOA Fees

$5,833 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Bank Owned: Yes
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks
  • Headline: Great Ocean Front with Pool!
  • Heated Sq Ft: 4056
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 0453
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

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

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Estimated Annual Fee: 70000

Lot Info

  • Estimated Lot Sq Ft: 15500
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot#72&177
  • Deed Book: 1881

Rental Info

  • Est Annual Rental Income: 70000
  • Estimated Rental Performance: 0.0819

Building Info

  • Year Built: 2001

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 5541

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Davis Laura and Davis Doug
Bought by
3505 Virginia Dare Trust and Boat Rides 001 Llc
Current Estimated Value
$2,434,730

Purchase Details

Listed on
Mar 14, 2012
Closed on
May 2, 2012
Sold by
Wells Fargo Bank Na
Bought by
Davis Doug and Davis Laura
Seller's Agent
Rosemarie Doshier
The Doshier Team OBX Realty
Buyer's Agent
Sally Holt
Surfside Realty
List Price
$899,900
Sold Price
$855,000
Premium/Discount to List
-$44,900
-4.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.38%
Original Mortgage
$417,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2011
Sold by
Hayden James J and Hayden Amy M
Bought by
Wachovia Mortgage Corporation

Purchase Details

Closed on
Oct 25, 2006
Sold by
3505 South Virginia Darer Trial 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
$1,314,080
Interest Rate
6.75%
Mortgage Type
Assumption
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
3505 Virginia Dare Trust $1,000 None Listed On Document
Davis Doug $855,000 None Available
Wachovia Mortgage Corporation $1,528,118 None Available
Hayden James J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Davis Doug $548,000
Previous Owner Davis Doug $417,000
Previous Owner Hayden James J $1,314,080
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2012 06/11/12 Sold $855,000 -5.0% $211 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $899,900 -- $222 / 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 $12,644 $1,365,300 $783,000 $582,300
2023 $5,551 $1,385,992 $783,000 $602,992
2022 $5,551 $1,385,992 $783,000 $602,992
2021 $5,551 $1,385,992 $783,000 $602,992
2020 $10,604 $1,385,992 $783,000 $602,992
2019 $4,949 $1,029,900 $568,900 $461,000
2018 $5,059 $1,026,700 $568,900 $457,800
2017 $4,933 $1,026,700 $568,900 $457,800
2016 $4,513 $1,026,700 $568,900 $457,800
2014 $9,765 $1,026,700 $568,900 $457,800
Source: Public Records

Agents Affiliated with this Home

  • Rosemarie Doshier

    Seller's Agent in 2012

    Rosemarie Doshier

    The Doshier Team OBX Realty

    (252) 305-3996

    7 in this area

    39 Total Sales

    Rosemarie Doshier
    Section Image

  • S

    Buyer's Agent in 2012

    Sally Holt

    RE/MAX

    (252) 207-7979

    2 in this area

    25 Total Sales

    Sally Holt
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74025

Outer Banks Association of REALTORS®

APN: 027997000

North Carolina Dare County Nags Head 27959

3505 S Virginia Dare Trail, Nags Head, NC

This home is located at 3505 S Virginia Dare Trail, Nags Head, NC 27959 since 14 March 2012 and is currently estimated at $2,434,730, approximately $600 per square foot. This property was built in 2001. 3505 S Virginia Dare Trail is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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