NOT LISTED FOR SALE

3517 S Virginia Dare Trail Unit A Nags Head, NC 27959

Estimated Value: $2,417,000 - $3,365,000

8 Beds
10 Baths
4,230 Sq Ft
$665/Sq Ft Est. Value

About This Home

This home is located at 3517 S Virginia Dare Trail Unit A, Nags Head, NC 27959 and is currently estimated at $2,814,276, approximately $665 per square foot. 3517 S Virginia Dare Trail Unit A is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2016
Sold by
Two Lane Investments Llc
Bought by
Orecchio David A and Baker Evelyn L
Current Estimated Value
$2,814,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$997,500
Outstanding Balance
$794,158
Interest Rate
3.58%
Mortgage Type
New Conventional
Estimated Equity
$2,068,316

Purchase Details

Closed on
Dec 31, 2009
Sold by
Burke James A and Burke Marti E
Bought by
Two Lane Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,500
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 16, 2009
Sold by
True Friends Llc
Bought by
Burke James A and Burke Marti E

Purchase Details

Closed on
May 28, 2009
Sold by
Parson Julia H and Velazco Rogelio M
Bought by
True Friends Llc

Purchase Details

Closed on
Dec 6, 2007
Sold by
True Friends Llc
Bought by
Parson Julia H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,207,450
Interest Rate
7.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 2006
Sold by
Parson Julia H and Velazco Rogelio M
Bought by
True Friends Llc
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Orecchio David A $1,425,000 None Available
Two Lane Investments Llc -- None Available
Burke James A $1,175,000 None Available
True Friends Llc -- None Available
Parson Julia H -- None Available
True Friends Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orecchio David A $997,500
Previous Owner Two Lane Investments Llc $822,500
Previous Owner Parson Julia H $1,207,450
Source: Public Records

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 $14,779 $1,596,900 $756,000 $840,900
2023 $6,530 $1,630,536 $756,000 $874,536
2022 $6,530 $1,630,536 $756,000 $874,536
2021 $13,631 $1,630,536 $756,000 $874,536
2020 $6,530 $1,630,536 $756,000 $874,536
2019 $5,600 $1,161,400 $558,900 $602,500
2018 $5,614 $1,161,400 $558,900 $602,500
2017 $5,600 $1,161,400 $558,900 $602,500
2016 $5,124 $1,161,400 $558,900 $602,500
2014 $5,957 $1,161,400 $558,900 $602,500
Source: Public Records

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