NOT LISTED FOR SALE

4038 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $534,000

0.34 Acre
$1,570,588 Price per Acre
14,810 Sq Ft Lot

Last Sold October 04, 2023

Last sale price $373,000

Est. 43% increase in value since last sale

Current estimated payment $3,071/month

56 Days on Market

About This Lot

As of October 2023

Rare 15,000 square foot semi-oceanfront building site in the highly sought after Historic District of Nags Head. A home built here should have excellent ocean views and possible views of Jockeys Ridge. This property is located in the preferred X flood zone so no flood insurance is required. Excellent location - close to restaurants, grocery stores, shopping, Jockey's Ridge, fishing piers and Oregon Inlet. These are some of the least crowded beaches on the OBX. Deed restriction for single family residential development only.

Last Agent to Sell the Property

Beth Dobney Garcia

Coldwell Banker Seaside Realty KH License #174853 Listed on: 06/28/2023

Coldwell Banker Seaside Realty KH

Co-Listed By

Zachary Garcia

Coldwell Banker Seaside Realty KH License #134919

Last Buyer's Agent

Daphne Degabrielle

Outer Banks Realty Group License #136949

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,825

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50 x 300
  • Ocean Front
  • Property is zoned C2

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • R B Etheridge Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$1,825

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Beach Road - historic district
  • Flood Zone: X
  • Headline: 1 lot to the beach-great views
  • L V T Date: 06/28/2023
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: C2
  • Deed Book Pg Number: 893
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Size: 50 x 300
  • Estimated Lot Size: 0.34
  • Deed Book: 2529
  • Unit/Lot Number: Lot 20

Tax Info

  • Year: 2022
  • Taxes: 1825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Aug 10, 2023
Sold by
Donna M Hood Family Trust
Bought by
Tlj Ventures Llc
Seller's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
Buyer's Agent
Daphne Degabrielle
Outer Banks Realty Group
List Price
$399,900
Sold Price
$373,000
Premium/Discount to List
-$26,900
-6.73%
Views
143
Current Estimated Value
$534,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,000
Avg. Annual Appreciation
20.79%
Original Mortgage
$800,000
Interest Rate
7.23%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 20, 2019
Closed on
Jul 20, 2021
Sold by
Winslow Francis E and Winslow Karin S
Bought by
Hood Mark A and Donna M Hood Family Trust
Seller's Agent
Bobby Harrell
Harrell & Associates
Buyer's Agent
Zachary Garcia
Coldwell Banker Seaside Realty KH
List Price
$259,000
Sold Price
$280,000
Premium/Discount to List
$21,000
8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.99%

Purchase Details

Closed on
Mar 4, 2021
Sold by
Bennett Margaret Winslow Wiley and Bennett Joel Sheldon
Bought by
Winslow Cecelia C

Purchase Details

Closed on
May 9, 2012
Sold by
Winslow Francis E and Winslow Cecelia C
Bought by
Winslow Cecelia C and Winslow Francis E
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Tlj Ventures Llc $2,238,000 None Listed On Document
Hood Mark A $280,000 None Available
Winslow Cecelia C $141,500 None Available
Winslow Cecelia C -- None Available
Winslow Francis E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tlj Ventures Llc $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2023 10/04/23 Sold $373,000 -6.7% --
08/23/2023 08/23/23 Pending -- -- --
08/13/2023 08/13/23 For Sale $399,900 0.0% --
08/03/2023 08/03/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $399,900 +42.8% --
07/27/2021 07/27/21 Sold $280,000 +8.1% --
06/19/2021 06/19/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $259,000 -7.5% --
06/01/2021 06/01/21 Off Market $280,000 -- --
12/07/2020 12/07/20 For Sale $259,000 -7.5% --
11/01/2020 11/01/20 Off Market $280,000 -- --
05/05/2020 05/05/20 For Sale $259,000 -7.5% --
05/01/2020 05/01/20 Off Market $280,000 -- --
11/20/2019 11/20/19 For Sale $259,000 -- --
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 $1,937 $263,300 $263,300 $0
2023 $1,055 $263,300 $263,300 $0
2022 $1,055 $263,300 $263,300 $0
2021 $1,825 $263,300 $263,300 $0
2020 $1,055 $263,300 $263,300 $0
2017 $2,384 $507,300 $507,300 $0
2016 $2,181 $507,300 $507,300 $0
2014 $3,536 $507,300 $507,300 $0
Source: Public Records

Agents Affiliated with this Home

  • Beth Dobney Garcia

    Seller's Agent in 2023

    Beth Dobney Garcia

    Coldwell Banker Seaside Realty KH

    (252) 207-4484

    17 in this area

    114 Total Sales

    Beth Dobney Garcia
    Section Image

  • Z

    Seller Co-Listing Agent in 2023

    Zachary Garcia

    Coldwell Banker Seaside Realty KH

    (252) 207-7702

    10 in this area

    66 Total Sales

    Zachary Garcia
    Section Image
  • Daphne Degabrielle

    Buyer's Agent in 2023

    Daphne Degabrielle

    Outer Banks Realty Group

    (252) 475-4147

    15 in this area

    55 Total Sales

    Daphne Degabrielle
    Section Image
  • Bobby Harrell

    Seller's Agent in 2021

    Bobby Harrell

    Harrell & Associates

    (252) 423-0117

    9 in this area

    80 Total Sales

    Bobby Harrell
    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Tess Harrell

    Harrell & Associates

    (252) 423-0117

    10 in this area

    55 Total Sales

    Tess Harrell
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122630

Outer Banks Association of REALTORS®

APN: 008581000

North Carolina Dare County Nags Head 27959

4038 S Virginia Dare Trail, Nags Head, NC

This home is located at 4038 S Virginia Dare Trail, Nags Head, NC 27959 since 28 June 2023 and is currently estimated at $534,000. 4038 S Virginia Dare Trail is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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