NOT LISTED FOR SALE

3543 S Memorial Ave Nags Head, NC 27959

Estimated Value: $1,024,000 - $1,241,000

5 Beds
4.5 Baths
2,958 Sq Ft
$390/Sq Ft Est. Value

Last Sold June 01, 2012

Last sale price $660,000 $223 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,627/month

81 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Craftsman Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of June 2012

This is the Showcase Model Home built for Old Nags Head Place with the best views from any house on the street. Unobstructed ocean views straight down Hollowell and sunset views over Jockey's Ridge make this home one that renters return to year after year. Probably one of the easiest walks to the beach access on Memorial Ave. The amenities inside the house are just as stunning. The home was professionally decorated and the owners have taken loving care of it. Since it was the model home there are amazing builder upgrades throughout. It has an appealing open floor plan, large bedrooms, entry foyer with cork flooring, a large ground level rec-room with a pool table and a relaxing shipswatch loft with amazing panoramic views. From top to bottom this one is a winner. The fenced back yard is professionally landscaped with a patio bar, barbeque, Hot Tub and Private Pool. Old Nags Head Place is centrally located and is close to everything Nags Head has to offer in shopping, dining, fishing and fun. The neighborhood is quiet and setup to be perfect for biking or that morning or evening stroll. ONE OF A KIND!

Last Agent to Sell the Property

Barry Breit

Carolina Designs Realty License #187143 Listed on: 01/27/2012

Last Buyer's Agent

John Register

Village Realty Holdings, LLC - NH License #205384

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,146

Year Built

  • Built in 2002

Lot Details

  • Fenced Yard
  • Landscaped
  • Corner Lot
  • Sprinkler System

HOA Fees

  • $8 Monthly HOA Fees

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,958 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Loft
  • Game Room

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot lot 370

Community Details

Overview

  • Association fees include walkways
  • Geo T Stronach Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,146

Year Built

Built in 2002

Lot Details

0

HOA Fees

$8 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Craftsman, Coastal
  • Directions: Corner of Memorial and Hollowell
  • Extras: Beach Access, Covered Decks, Fenced Yard, Hot Tub, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck
  • Subdivision Name: George T Stronach
  • Headline: Showcase Model Home!
  • Heated Sq Ft: 2958
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: res
  • Deed Book Pg Number: 0071
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Foyer, Game Room, Loft, Shipswatch
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Park Serv/Preserve

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 100

Lot Info

  • Lot Description: Corner
  • Lot Number: lot 370
  • Deed Book: 1441

Rental Info

  • Est Annual Rental Income: 49054
  • Estimated Rental Performance: 0.0743
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Point of Views
  • Rental Cottage Number: JR369
  • Rental Phone Number: 252 480 2224
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 2002

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 2145.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2012
Closed on
May 31, 2012
Sold by
Pfeffer Richard A and Dana Patricia A
Bought by
Wood Christopher L and Mizelle Kellie S
Seller's Agent
Barry Breit
Carolina Designs Realty
Buyer's Agent
John Register
Village Realty Holdings, LLC - NH
List Price
$699,900
Sold Price
$660,000
Premium/Discount to List
-$39,900
-5.7%
Current Estimated Value
$1,153,138

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$493,138
Avg. Annual Appreciation
4.29%
Original Mortgage
$528,000
Interest Rate
3.9%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Wood Christopher L $660,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood Christopher L $60,000
Open Wood Christopher L $450,000
Closed Wood Christopher L $528,000
Previous Owner Pfeffer Richard A $575,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2012 06/01/12 Sold $660,000 -5.7% $223 / Sq Ft
04/17/2012 04/17/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $699,900 -- $237 / 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 $4,607 $610,100 $240,000 $370,100
2023 $2,503 $624,904 $240,000 $384,904
2022 $2,503 $624,904 $240,000 $384,904
2021 $2,509 $624,904 $240,000 $384,904
2020 $2,503 $624,904 $240,000 $384,904
2019 $2,529 $522,200 $203,600 $318,600
2018 $2,537 $522,200 $203,600 $318,600
2017 $2,537 $522,200 $203,600 $318,600
2016 $2,314 $522,200 $203,600 $318,600
2014 $2,321 $522,200 $203,600 $318,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73292

Outer Banks Association of REALTORS®

APN: 016551071