NOT LISTED FOR SALE

3523 S Memorial Ave Nags Head, NC 27959

Estimated Value: $1,069,000 - $1,248,000

5 Beds
4.5 Baths
2,645 Sq Ft
$427/Sq Ft Est. Value

Last Sold June 07, 2019

Last sale price $590,500 $223 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $6,532/month

44 Days on Market

Highlights

  • Ocean View
  • Furnished
  • Patio
  • In Ground Pool
  • Fenced Yard
  • En-Suite Primary Bedroom

About This Home

As of June 2019

This is a second home and it shows. It is clean, maintained, has great beachy decor and ready for the next owner. This home is a reverse floorplan so that the top main living level gets those ocean views. The first level features a den and a master bedroom. The slider in the den leads out to the awesome outdoor space with a large fenced yard, in ground heated pool and a gazebo. The middle level features one master bedroom, 2 additional bedrooms with a full shared bath in the hall, 2 large covered decks and the laundry is on this level. The top level is the large open great room, another master bedroom, a half bath and two sun decks. Upgrades/improvements include: pool heater, all 3 HVAC units (only the indoor component on first level isn't newer), all newer appliances (except stove), concrete deck around pool, gazebo, and almost all the furnishings have been replaced. The owners also added a storage space in the front for all outdoor toys, beach gear, lawn mower, etc. Rental projection in associated docs in the event a buyer wants an investment property. There is also irrigation, that we believe is on a well, for the sodded yard.

Last Agent to Sell the Property

Ken Baittinger

Landmark Sotheby's International Realty License #275379 Listed on: 04/02/2019

Landmark Sotheby's International Realty

Co-Listed By

Cara Muglia

SERHANT North Carolina LLC License #236062

Last Buyer's Agent

Catherine Strachan

Brindley Beach Vacations & Sales-Duck License #246162

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,035

Year Built

  • Built in 2002

Lot Details

  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System

Parking

  • Off-Street Parking

Home Design

  • Reverse Style Home
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,645 Sq Ft Home
  • Furnished
  • Ocean Views
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Pool

  • In Ground Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Patio

Utilities

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

Community Details

  • Built by Davenport
  • Geo T Stronach Subdivision

Listing and Financial Details

  • Tax Lot 380

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,035

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From Beach Road, west on Hollowell, North on Memorial, house is on Left
  • Extras: Fenced Yard, Landscaped, Lawn Sprinklers, Outside Shower, Patio, Sun Deck
  • Flood Zone: AE
  • Heated Sq Ft: 2645
  • L V T Date: 04/02/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: RES
  • Deed Book Pg Number: 0405
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Davenport
  • Construction: Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 620

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 380
  • Deed Book: 1979

Rental Info

  • Est Annual Rental Income: 55000
  • Estimated Rental Performance: 0.0931
  • Flood Expenses: 1191
  • Poolspa Expense: 1600
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1800
  • Annual Electric: 1905
  • Annual Water Expense: 380

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2018
  • Taxes: 4034.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 29, 2014
Sold by
Whitlow Barrie E and Whitlow Peggy T
Bought by
Whitlow Barrie E and Whitlow Peggy T
Current Estimated Value
$1,128,150

Purchase Details

Closed on
Apr 17, 2013
Sold by
Lampman Christopher D and Lampman Tammy C
Bought by
Whitlow Barrie E and Whitlow Peggy T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.55%
Mortgage Type
New Conventional
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
Whitlow Barrie E -- Attorney
Whitlow Barrie E $519,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worley Kimberly B $465,350
Previous Owner Whitlow Barrie E $375,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2019 06/07/19 Sold $590,500 -3.9% $223 / Sq Ft
05/16/2019 05/16/19 Pending -- -- --
04/19/2019 04/19/19 Price Changed $614,500 -1.5% $232 / Sq Ft
04/02/2019 04/02/19 For Sale $623,900 -- $236 / 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 $4,764 $632,100 $240,000 $392,100
2023 $2,594 $647,784 $240,000 $407,784
2022 $2,594 $647,784 $240,000 $407,784
2021 $2,594 $647,784 $240,000 $407,784
2020 $2,594 $647,784 $240,000 $407,784
2019 $2,441 $519,300 $203,600 $315,700
2018 $0 $519,300 $203,600 $315,700
2017 $2,441 $519,300 $203,600 $315,700
2016 $2,233 $519,300 $203,600 $315,700
2014 $1,368 $512,200 $203,600 $308,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104502

Outer Banks Association of REALTORS®

APN: 016551080