NOT LISTED FOR SALE

3521 S Memorial Ave Nags Head, NC 27959

Estimated Value: $919,000 - $1,239,000

0.23 Acre
$4,810,874 Price per Acre
10,000 Sq Ft Lot

Last Sold July 28, 2017

Last sale price $195,000

Est. 467% increase in value since last sale

Current estimated payment $6,420/month

656 Days on Market

About This Lot

As of July 2017

HERE IT IS! The best lot, at the best price, in Old Nags Head Place. Partially cleared, so lower cost to ready for building, and this lot may have some ocean views. ONHP is one of the area's newest and most upscale subdivisions in between the highways, a favorite with renters and owners alike! Located across the street from Jockey's Ridge, the single most visited tourist attraction on the Outer Banks, and conveniently located to much of the area's shopping and fine dining. With the recent beach nourishment, the beaches here are wide and wonderful, with nice dunes and the subdivision has 3 beach accesses, so getting to the beach is always an easy walk. There aren't many vacant lots remaining on this side of the street.

Last Agent to Sell the Property

Holleay Parcker

Spinnaker Realty, LLC License #193280 Listed on: 07/11/2015

Last Buyer's Agent

Rubert Wilson III

Century 21 Nachman Realty License #217432

Century 21 Nachman Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,419

Lot Details

  • 10,000 Sq Ft Lot
  • Lot Dimensions are 50 x 200
  • Level Lot

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Old Nh Place Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,419

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE
  • Subdivision Name: Old Nags Head Place
  • Headline: Best Lot at Best Price in ONHP
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: res
  • Deed Book Pg Number: 0069
  • Office License Number: C14613
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 50
  • View: Ocean

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 100

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Faces: W
  • Lot Size: 50 x 200
  • Deed Book: 1757
  • Unit/Lot Number: lot 381

Tax Info

  • Year: 2014
  • Taxes: 1419.09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2015
Closed on
Jul 28, 2017
Sold by
Gadh Charanjiv S and Gadh Jagdeep K
Bought by
Belsches Lynne Ann Morin and Belsches Basil Raymond
Seller's Agent
Holleay Parcker
Spinnaker Realty, LLC
Buyer's Agent
Rubert Wilson III
Century 21 Nachman Realty
List Price
$205,000
Sold Price
$195,000
Premium/Discount to List
-$10,000
-4.88%
Current Estimated Value
$1,106,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$911,501
Avg. Annual Appreciation
23.97%
Original Mortgage
$488,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2008
Sold by
Gurganus Glenn E and Gurganus Virginia G
Bought by
Gadh Charanjiv S and Gadh Jagdeep K
Source: Public Records

Range of Values:

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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
Belsches Lynne Ann Morin $110,000 None Available
Gadh Charanjiv S $200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belsches Lynne Ann Morin $469,480
Closed Morin $484,350
Closed Belsches Lynne Ann Morin $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2017 07/28/17 Sold $195,000 -4.9% --
04/27/2017 04/27/17 Pending -- -- --
07/11/2015 07/11/15 For Sale $205,000 -- --
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 $4,740 $644,400 $240,000 $404,400
2023 $4,740 $644,400 $240,000 $404,400
2022 $2,581 $644,400 $240,000 $404,400
2021 $1,885 $644,400 $240,000 $404,400
2020 $2,581 $644,400 $240,000 $404,400
2019 $2,342 $498,200 $203,600 $294,600
2018 $1,521 $323,600 $203,600 $120,000
2017 $957 $203,600 $203,600 $0
2016 $875 $203,600 $203,600 $0
2014 $1,419 $203,600 $203,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Holleay Parcker

    Seller's Agent in 2017

    Holleay Parcker

    Spinnaker Realty, LLC

    (252) 207-1617

    2 in this area

    49 Total Sales

    Holleay Parcker
    Section Image
  • Rubert Wilson III

    Buyer's Agent in 2017

    Rubert Wilson III

    Century 21 Nachman Realty

    (252) 207-3557

    1 in this area

    28 Total Sales

    Rubert Wilson III
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 88797

Outer Banks Association of REALTORS®

APN: 016551081

North Carolina Dare County Nags Head 27959

3521 S Memorial Ave, Nags Head, NC

This home is located at 3521 S Memorial Ave, Nags Head, NC 27959 since 11 July 2015 and is currently estimated at $1,106,501. 3521 S Memorial Ave 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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