NOT LISTED FOR SALE

3541 S Memorial Ave Nags Head, NC 27959

Estimated Value: $902,000 - $1,099,000

4 Beds
3.5 Baths
2,058 Sq Ft
$472/Sq Ft Est. Value

Last Sold October 01, 2014

Last sale price $480,000 $233 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,616/month

25 Days on Market

Highlights

  • Ocean View
  • In Ground Pool
  • Coastal Architecture
  • Beach Access
  • Second Refrigerator
  • Main Floor Bedroom

About This Home

As of October 2014

AUCTION 6 SEP@5PM, preview by appointment. This is the one you have been waiting for! Own a Nags Head beach house in a great location. Not too big, not too small, this one is just right and has all the amenities for year round enjoyment. Offset mortgage payments with vacation rental if you so choose. House sells fully furnished—enjoy Fall walks on the beach while still warm enough to use the pool; bring the whole family together for Thanksgiving and stay warm in the hot tub; light a fire for Christmas magic on the sandbar. Then, come January, the rental deposits begin showing in your checking account as you prepare for Spring and Summer vacations and memories for your family and friends. Well located at MP 12, the Old Nags Head area with the charm of natural wood siding houses of vintage architecture. This house is directly across the Bypass from Jockey’s Ridge—a natural preserve of sand dunes where kite flying, dune sliding, and hang gliding are the order of the day. Climb the dunes at dusk to watch spectacular sunsets and bring the dog to frolic. Walk or bike over to Austin’s Seafood and pick up a steamer bucket for dinner after your day at the beach. There are great local restaurants and shops close by, too. This house has easy access to both the ocean and the Currituck Sound. Right near this house is a Sound front beach with kid friendly shallow, gentle waters and an area perfect for kite boarding on windy days. This house is right at the full service Nags Head Hospital on the Bypass Road and a brand new Fresh Market grocery store. This home was built in the traditional coastal Nags Head Ocean home style reverse floor plan, with main living area at the top level. Download the full Property Information Package for floor by floor layout, rent roll reports, tax record and more details.

Last Agent to Sell the Property

Linda Terry

Tranzon Key License #211005 Listed on: 08/08/2014

Last Buyer's Agent

Cindy Edwards

Century 21 Nachman Realty License #187351

Century 21 Nachman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,204

Year Built

  • Built in 2004

Lot Details

  • 10,000 Sq Ft Lot
  • Level Lot

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,058 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Dining Room
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Geo T Stronach Subdivision

Listing and Financial Details

  • Tax Lot # 0

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,204

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: From the Beach Rd (Va Dare), at MP 12 turn West onto Hollowell St., go 1 block and turn right. Seco
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Smoke Detector(s), Storm Doors, Sun Deck
  • Flood Zone: AE
  • Headline: Income producing beach house
  • Heated Sq Ft: 2058
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: Res
  • Deed Book Pg Number: 0367
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 4
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 1
  • Kitchen: On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Gas Fireplace, Ice Maker Connection
  • Dining Room: On Level: 3
  • Family Room: On Level: 3
  • Game Room: On Level: 1
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Concrete
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Number: Lot# 0
  • Deed Book: 1876

Rental Info

  • Est Annual Rental Income: 30000
  • Estimated Rental Performance: 0.0625
  • Lease Terms: Weekly
  • Other Expenses: 203600
  • Rental Co: Resort Realty
  • Rental Cottage Name: C-Fun
  • Rental Cottage Number: 5440

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2013
  • Taxes: 3204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 21, 2022
Sold by
Chesley Harris George and Chesley Karen L
Bought by
Harris Living Trust
Total Days on Market
25
Current Estimated Value
$972,007

Purchase Details

Closed on
Jul 12, 2021
Sold by
Harris G Chesley G and Harris Karen L
Bought by
Harris George Chesley and Harris Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,300
Interest Rate
2.9%
Mortgage Type
VA

Purchase Details

Listed on
Aug 8, 2014
Closed on
Sep 30, 2014
Sold by
C Fun Llc
Bought by
Harris Living Trust
Seller's Agent
Linda Terry
Tranzon Key
Buyer's Agent
Cindy Edwards
Century 21 Nachman Realty
List Price
$480,000
Sold Price
$480,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$472,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Cartanza Paul P and Cartanza Janice L
Bought by
C Fun Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,020
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2008
Sold by
C Fun Llc
Bought by
Cartanza Paul P and Cartanza Janice L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2005
Sold by
Alexander Alvah W and Alexander Wendi C
Bought by
Cartanza Paul and Cartanza Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,232
Interest Rate
5.54%
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
Harris Living Trust -- Mccormick Law Pc
Harris George Chesley -- Titlequest
Harris Living Trust $472,000 Attorney
C Fun Llc -- None Available
Cartanza Paul P -- None Available
Cartanza Paul P -- None Available
Cartanza Paul $650,000 None Available
Cartanza Paul $726,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harris George Chesley $467,300
Previous Owner Harris G Chesley G $470,000
Previous Owner Harris Living Trust $472,000
Previous Owner Cartanza Paul P $226,020
Previous Owner Cartanza Paul P $230,000
Previous Owner Cartanza Paul $234,232
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2014 10/01/14 Sold $480,000 0.0% $233 / Sq Ft
09/02/2014 09/02/14 Pending -- -- --
08/08/2014 08/08/14 For Sale $480,000 -- $233 / 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 $3,962 $538,700 $240,000 $298,700
2023 $2,157 $538,700 $240,000 $298,700
2022 $2,157 $538,700 $240,000 $298,700
2021 $3,733 $538,700 $240,000 $298,700
2020 $2,157 $538,700 $240,000 $298,700
2019 $2,039 $433,900 $203,600 $230,300
2018 $2,039 $433,900 $203,600 $230,300
2017 $2,039 $433,900 $203,600 $230,300
2016 $2,006 $466,500 $203,600 $262,900
2014 $1,281 $466,500 $203,600 $262,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84778

Outer Banks Association of REALTORS®

APN: 016551072