NOT LISTED FOR SALE

4040 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $408,066

0.34 Acre
$1,200,194 Price per Acre
14,810 Sq Ft Lot

Last Sold April 12, 2023

Last sale price $379,000

Est. 8% increase in value since last sale

Current estimated payment $2,385/month

180 Days on Market

About This Lot

As of April 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 possibly 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. The adjacent lot is also for sale.

Last Agent to Sell the Property

Beth Dobney Garcia

Coldwell Banker Seaside Realty KH License #174853 Listed on: 09/30/2022

Coldwell Banker Seaside Realty KH

Co-Listed By

Zachary Garcia

Coldwell Banker Seaside Realty KH License #134919

Last Buyer's Agent

Marion van Beelen

Beach Realty & Construction License #282298

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
  • Park or Greenbelt

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: Large semi of lot -great views
  • L V T Date: 09/30/2022
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: C2
  • Deed Book Pg Number: 866
  • 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, Park Serv./Preserve

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 21

Tax Info

  • Year: 2022
  • Taxes: 1825

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2022
Closed on
Apr 3, 2023
Sold by
Forty Acre Property Management Llc
Bought by
Vanbeelen Marion L
Seller's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
Buyer's Agent
Marion van Beelen
Beach Realty & Construction
List Price
$399,900
Sold Price
$379,000
Premium/Discount to List
-$20,900
-5.23%
Views
29
Current Estimated Value
$408,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,066
Avg. Annual Appreciation
3.18%

Purchase Details

Closed on
Mar 4, 2021
Sold by
Bennett Margaret Winslow Wiley and Bennett Joel Sheldon
Bought by
Winslow Cecelia C
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
Vanbeelen Marion L $1,895,000 None Listed On Document
Winslow Cecelia C $141,500 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2023 04/12/23 Sold $379,000 -5.2% --
03/29/2023 03/29/23 Pending -- -- --
09/30/2022 09/30/22 For Sale $399,900 +42.8% --
07/27/2021 07/27/21 Sold $280,000 +6.5% --
06/19/2021 06/19/21 Pending -- -- --
06/07/2021 06/07/21 For Sale $263,000 -6.1% --
06/01/2021 06/01/21 Off Market $280,000 -- --
12/07/2020 12/07/20 For Sale $263,000 0.0% --
12/07/2020 12/07/20 Price Changed $263,000 -6.1% --
11/01/2020 11/01/20 Off Market $280,000 -- --
05/05/2020 05/05/20 For Sale $265,000 -5.4% --
05/01/2020 05/01/20 Off Market $280,000 -- --
11/20/2019 11/20/19 For Sale $265,000 -- --
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 $882 $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
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

    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

    Section Image
  • Marion van Beelen

    Buyer's Agent in 2023

    Marion van Beelen

    Beach Realty & Construction

    (252) 489-0534

    4 in this area

    14 Total Sales

    Section Image
  • Bobby Harrell

    Seller's Agent in 2021

    Bobby Harrell

    Harrell & Associates

    (252) 423-0117

    9 in this area

    79 Total Sales

    Section Image

  • T

    Seller Co-Listing Agent in 2021

    Tess Harrell

    Harrell & Associates

    (252) 423-0117

    10 in this area

    54 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120468

Outer Banks Association of REALTORS®

APN: 008581001

North Carolina Dare County Nags Head 27959

4040 S Virginia Dare Trail, Nags Head, NC

This home is located at 4040 S Virginia Dare Trail, Nags Head, NC 27959 since 30 September 2022 and is currently estimated at $408,066. 4040 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.

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