401 W Cobbs Way Unit Lot 53 Nags Head, NC 27959
4
Beds
2
Baths
1,604
Sq Ft
8,015
Sq Ft Lot
Highlights
- Contemporary Architecture
- Wood Flooring
- Central Air
- Cathedral Ceiling
- Subterranean Parking
- Heat Pump System
About This Home
As of May 2025This adorable home in the favorite Nags Head community of Southridge is waiting for your final touches! With four bedrooms, two full baths, a large utility closet, walk in laundry room/pantry and two linen closets, its perfect for a primary residence or a Nags Head getaway close to everything! The list of upgrades include ceramic tile throughout and elegant twisted iron stair balusters. The kitchen has been fully renovated with stainless steel GE Cafe Series appliances, gas range, modern espresso finish cabinets, granite countertops, and a mosaic glass tile backsplash. This spacious home has two full bathrooms-one that is fully renovated and one that just needs the finishing touches of a vanity, toilet, plumbing and light fixtures and a small portion of tilework. Both have been renovated to create a sleek and sophisticated feel with custom tile and glass shower doors. Other upgrades include a 2022 Trane HVAC condenser and a 2021 hot water heater. The location is perfect for a bike ride or walk to see the sunsets, or a stroll on the soundfront beach area at the Jockey's Ridge State Park.
Last Agent to Sell the Property
Twiddy and Co. - Duck Brokerage Phone: 252-455-7515 License #225331 Listed on: 03/28/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,191
Year Built
- Built in 1994
Lot Details
- Property is zoned R2
Home Design
- Contemporary Architecture
- Frame Construction
- Piling Construction
Interior Spaces
- 1,604 Sq Ft Home
- Cathedral Ceiling
Kitchen
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Parking
- Subterranean Parking
- Paved Parking
Utilities
- Central Air
- Heat Pump System
- Municipal Utilities District Water
- Septic Tank
Community Details
- Southridge Subdivision
Listing and Financial Details
- Tax Block 53
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2025
Closed on
May 12, 2025
Sold by
Gilreath James R and Perez David
Bought by
Basnight Thomas A and Kwon Cassandra H
Seller's Agent
Mitzi Thompson
Twiddy and Co. - Duck
Buyer's Agent
Caroline Basnight
Basnight Realty
List Price
$568,900
Sold Price
$540,000
Premium/Discount to List
-$28,900
-5.08%
Total Days on Market
17
Views
31
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
Original Mortgage
$405,000
Outstanding Balance
$405,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$139,232
Purchase Details
Closed on
Apr 20, 2016
Sold by
Kull John F and Kull Mary H
Bought by
Perez David and Peres David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,450
Interest Rate
3.73%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 19, 2014
Sold by
Kull John F and Kull Mary H
Bought by
Peres David
Similar Homes in Nags Head, NC
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $540,000 | None Listed On Document | |
| Warranty Deed | $540,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $405,000 | New Conventional | |
| Closed | $405,000 | New Conventional | |
| Previous Owner | $94,450 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/14/2025 05/14/25 | Sold | $540,000 | -5.1% | $337 / Sq Ft |
| 04/24/2025 04/24/25 | Off Market | $568,900 | -- | -- |
| 04/14/2025 04/14/25 | Pending | -- | -- | -- |
| 04/11/2025 04/11/25 | For Sale | $568,900 | 0.0% | $355 / Sq Ft |
| 04/07/2025 04/07/25 | Off Market | $568,900 | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $568,900 | -- | $355 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $2,179 | $298,300 | $106,800 | $191,500 |
| 2023 | $1,195 | $298,300 | $106,800 | $191,500 |
| 2022 | $1,195 | $298,300 | $106,800 | $191,500 |
| 2021 | $1,195 | $298,300 | $106,800 | $191,500 |
| 2020 | $1,195 | $298,300 | $106,800 | $191,500 |
| 2019 | $1,088 | $231,500 | $94,800 | $136,700 |
| 2018 | $1,088 | $231,500 | $94,800 | $136,700 |
| 2017 | $1,088 | $231,500 | $94,800 | $136,700 |
| 2016 | $995 | $231,500 | $94,800 | $136,700 |
| 2014 | $995 | $231,500 | $94,800 | $136,700 |
Source: Public Records
Agents Affiliated with this Home
-
Mitzi Thompson
Seller's Agent in 2025
Mitzi Thompson
Twiddy and Co. - Duck
(252) 455-7515
1 in this area
6 Total Sales
-
Caroline Basnight
Buyer's Agent in 2025
Caroline Basnight
Basnight Realty
(252) 216-6703
30 in this area
187 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 128734
APN: 030434000
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