NOT LISTED FOR SALE

3511 S Memorial Ave Nags Head, NC 27959

Estimated Value: $352,553

0.23 Acre
$1,532,839 Price per Acre
10,019 Sq Ft Lot

Last Sold July 26, 2024

Last sale price $345,000

Est. 2% increase in value since last sale

Current estimated payment $2,001/month

71 Days on Market

About This Lot

As of July 2024

Exceptional lot located in the heart of Nags Head. Located in an X Flood Zone, across the street from the entrance to Jockey's Ridge, easy distance to Tortugas Lie, Lucky 12, Surfin' Spoon, Noosa Beach Grill, Nags Head Fishing Pier, Food Lion, and many more. Multiple beach accesses within close proximity. Old Nags Head Place provides all the charm of historic Nags Head architecture and the best of Outer Banks coastal living.

Last Agent to Sell the Property

Jonathan Minerick

Homecoin.com License #322281 Listed on: 04/16/2024

Last Buyer's Agent

Sally Seller

Non Member Office

Property Details

Property Type

  • Land

Lot Details

  • Level Lot
  • Property is zoned C2

Schools

  • Nags Head Elementary School
  • Manteo High School

Listing and Financial Details

  • Tax Lot 386

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Residential Land
  • Original List Price: 375000.00
  • Other Structures: None
  • Island Or Mainland: Mainland
  • Prospect Exempt Y N: No
  • Remarks Written By Agent Y N: Yes
  • List Price Per Acre: 1630434.78
  • Special Features: None

Interior Features

  • Bathrooms Total Source: MLS

Exterior Features

  • Road Frontage Type: City Street, State Road
  • Waterfront Features: None
  • Waterfront?: No

Condo/Co-op/Association

  • Association Amenities: Maintenance Common Areas, Street Lights
  • Association Fees: 100.00
  • Has H O A?: Yes
  • Association Management Company Phone: 2524804758
  • Association Management Company: Village Realty – Property Manager POC:

Schools

  • Elementary School: Nags Head
  • High School: Manteo
  • Middle Or Junior School: Manteo

Lot Info

  • Deed Book: 2496
  • Deed Page: 392.00
  • Lot Number: 386
  • Zoning: C2
  • Current Use: Residential
  • Environmental Hazard: No
  • Soil Evaluation: Soil Evaluation - Yes
  • Topography: Level
  • Lot Features: Subdivided, Wooded
  • Lot Size Acres: 0.23
  • Lot Size: 50x200
  • Lot Size Sq Ft: 10000.00
  • Wooded Area: 0.23
  • Purchase Contract Date: 2024-06-26
  • Parcel#: 016551086
  • Cobra Zone Y N: No
  • Deed Restriction Y N: Yes
  • Permitted Use: Public

Tax Info

  • Tax Year: 2023
  • Tax Block: 196
  • Tax Book Number: 1
  • Tax Map Number: 016551086
  • Tax Other Assessment Amount Frequency: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Jul 11, 2024
Sold by
Pond Erik M and Pettibone-Pond Amanda J
Bought by
Mccarty Mark A and Mccarty Lisa A
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
Sally Seller
Non Member Office
List Price
$375,000
Sold Price
$345,000
Premium/Discount to List
-$30,000
-8%
Views
51
Current Estimated Value
$352,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,553
Avg. Annual Appreciation
1.43%

Purchase Details

Closed on
Apr 13, 2021
Sold by
Nags Head Group Llc
Bought by
Pond Eric M and Pettibone Pond Amanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.05%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mccarty Mark A $345,000 None Listed On Document
Mccarty Mark A $345,000 None Listed On Document
Pond Eric M $240,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pond Eric M $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2024 07/26/24 Sold $345,000 -8.0% --
06/26/2024 06/26/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $375,000 -- --
Source: Hive MLS

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
2025 $2,001 $400,000 $400,000 $0
2024 $1,765 $240,000 $240,000 $0
2023 $804 $240,000 $240,000 $0
2022 $961 $240,000 $240,000 $0
2021 $961 $240,000 $240,000 $0
2020 $961 $240,000 $240,000 $0
2019 $957 $203,600 $203,600 $0
2018 $625 $203,600 $203,600 $0
2017 $957 $203,600 $203,600 $0
2016 $875 $203,600 $203,600 $0
2014 $544 $203,600 $203,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Hive MLS

MLS Number: 100438857

Hive MLS

APN: 016551086