NOT LISTED FOR SALE

3937 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,422,000 - $2,485,979

6 Beds
4 Baths
2,469 Sq Ft
$784/Sq Ft Est. Value

Last Sold April 29, 2022

Last sale price $2,250,000 $911 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $11,077/month

3 Days on Market

Highlights

  • Beach Front
  • Cathedral Ceiling
  • Furnished
  • Ocean View
  • Wood Flooring
  • Granite Countertops

About This Home

As of April 2022

Classic Nags Head style beach cottage in the much desired historic district. This home has all of the charm of a bygone era, but the benefits of modern amenities and improvements, including a great kitchen and open living / dining for entertainment, and a super efficient Geo-Thermal heat pump system for heating and air conditioning. The historic district is in the heart of the town and is located close to all popular vacation destinations as well as shopping, groceries, restaurants, and all outdoor activities. The small house at the front of the property is currently a seasonal rental and will be conveyed fully furnished and turn key ready to rent. This 75 foot wide lot is wider than many of the lots in the historic district and is pleasingly landscaped. Irrigation is provide by a separate well. The wrap around 1920's style covered decks are incredible, inviting and cozy. The sun deck is very large and the ocean views from everywhere on this property are stunning. The driveway has been recently renovated and is very welcoming. The two car garage provides ample storage for beach toys, and there is a workshop area. This home must be seen to be fully appreciated.

Last Agent to Sell the Property

John Wojcik

Southern Shores Realty License #213938 Listed on: 04/08/2022

Last Buyer's Agent

John Wojcik

Southern Shores Realty License #213938 Listed on: 04/08/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,141

Year Built

  • Built in 1922

Lot Details

  • Lot Dimensions are 75 x 466
  • Beach Front
  • 75 Feet of Waterfront
  • Landscaped
  • Level Lot
  • Historic Home
  • Property is zoned R1

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,469 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Entrance Foyer
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,141

Year Built

Built in 1922

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Historic
  • Directions: Approximately behind Kitty Hawk Kites / Kitty Hawk Sports in Nags Head
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Landscaped, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Headline: Oceanfront in Historic dist.
  • Heated Sq Ft: 2469
  • L V T Date: 04/08/2022
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R1
  • Deed Book Pg Number: 0520
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10210
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Countertops: Granite
  • Floor Coverings: Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wood Fireplace, 1st Flr Ensuite
  • Optional Rooms: Foyer

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Wood, Hurricane Shutters
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • View: Ocean
  • Water Frontage: 75

Garage/Parking

  • Garage: 2 Car, Attached
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Geo-Thermal, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal, Well

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 3685

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: E
  • Lot Size: 75 X 466
  • Lot Number: Lot
  • Deed Book: 2454

Rental Info

  • Flood Expenses: 2184
  • Rental Co: Cola F. Vaughn Realty
  • Rental Cottage Name: Out the Wild Zoo
  • Rental Phone Number: 252-573-2811
  • Rental Turnover Day: Sunday
  • Annual Cable TV Expense: 964
  • Annual Electric: 1917
  • Annual Water Expense: 346

Building Info

  • Year Built: 1922

Tax Info

  • Year: 2021
  • Taxes: 9140.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2012
Sold by
Morris Robert W and Morris Suzanne G
Bought by
Felps Martin J and Felps Kathryn W
Current Estimated Value
$1,934,495

Purchase Details

Closed on
Dec 18, 2008
Sold by
Obx Morris Property Holdings Llc
Bought by
Morris Robert W

Purchase Details

Closed on
Jun 23, 2008
Sold by
Davis Carson R and Davis Barbara S
Bought by
Obx Morris Property Holdings Llc

Purchase Details

Closed on
Jun 18, 2008
Sold by
Davis Carson R and Davis Barbara S
Bought by
Obx Morris Property Holdings 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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Felps Martin J -- None Available
Felps Martin J $1,100,000 None Available
Morris Robert W -- None Available
Obx Morris Property Holdings Llc -- None Available
Obx Morris Property Holdings Llc $925,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2022 04/29/22 Sold $2,250,000 +2.5% $911 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $2,195,000 -- $889 / 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 $9,856 $1,088,300 $918,000 $170,300
2023 $4,379 $1,093,409 $918,000 $175,409
2022 $4,379 $1,093,409 $918,000 $175,409
2021 $4,762 $1,093,409 $918,000 $175,409
2020 $8,444 $1,089,510 $918,000 $171,510
2019 $3,999 $842,600 $648,700 $193,900
2018 $4,102 $842,600 $648,700 $193,900
2017 $3,996 $842,600 $648,700 $193,900
2016 $3,693 $842,600 $648,700 $193,900
2014 $3,623 $842,600 $648,700 $193,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 118378

Outer Banks Association of REALTORS®

APN: 007738000