NOT LISTED FOR SALE

407 W Cobbs Way Nags Head, NC 27959

Estimated Value: $518,000 - $569,000

4 Beds
2.5 Baths
1,604 Sq Ft
$337/Sq Ft Est. Value

Last Sold November 16, 2020

Last sale price $343,500 $214 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,107/month

6 Days on Market

Highlights

  • Cathedral Ceiling
  • Laundry Room
  • En-Suite Primary Bedroom
  • Furnished
  • Outdoor Shower
  • Zoned Heating and Cooling

About This Home

As of November 2020

This home has only been used as a second home. It is beautifully landscaped with four bedrooms and two full baths with a half bath on separate level which have been maintained at the highest level. The house was painted five years ago as well as new HVAC five years ago. Truly a great buy! Come and take a look for yourselves of the care and condition of this amazing home.

Last Agent to Sell the Property

Judy Burnette

Judy Burnette Realty, LLC License #188805 Listed on: 10/12/2020

Last Buyer's Agent

Stacy Siers

Howard Hanna Outer Banks Realty License #253800

Howard Hanna Outer Banks Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,965

Year Built

  • Built in 1993

Lot Details

  • 8,000 Sq Ft Lot
  • Landscaped

Parking

  • Tuck Under Parking

Home Design

  • Split Level Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,604 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Outdoor Shower

Utilities

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

Community Details

  • Property has a Home Owners Association
  • Southridge Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,965

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Split Level
  • Directions: Turn West at Nags Head Post Office. Turn left onto Cobbs Way. Go around the curve. House on Right.
  • Extras: Landscaped, Outside Shower, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Southridge Section 2
  • Headline: Very Well Maintained Home
  • Heated Sq Ft: 1604
  • L V T Date: 10/12/2020
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: R
  • Deed Book Pg Number: 485
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15054
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), 1st Flr Ensuite
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes

Lot Info

  • Estimated Lot Sq Ft: 8000
  • Estimated Lot Size: 0.18
  • Deed Book: 2019

Rental Info

  • Est Annual Rental Income: 23310
  • Estimated Rental Performance: 0.0679

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2020
  • Taxes: 1965.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2020
Closed on
Nov 16, 2020
Sold by
Smith Ernell G and Smith Merry H
Bought by
Fraser Barbara E
Seller's Agent
Judy Burnette
Judy Burnette Realty, LLC
Buyer's Agent
Stacy Siers
Howard Hanna Outer Banks Realty
List Price
$345,000
Sold Price
$343,500
Premium/Discount to List
-$1,500
-0.43%
Total Days on Market
6
Current Estimated Value
$541,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,633
Avg. Annual Appreciation
10.76%

Purchase Details

Closed on
May 8, 2015
Sold by
Bruno Graig G and Bruno Ellen J
Bought by
Smith Ernell G and Smith Merry H
Source: Public Records

Similar Homes in Nags Head, NC

  • 108 W Forbes St Unit Lot 3, Nags Head, NC 27959

    $659,000

    • 4 Beds
    • 3.5 Baths
    • 1,725 Sq Ft
    • 108 W Forbes St
    • Unit Lot 3
    • Nags Head, NC

    Sound View Sunsets from deck. Easy access to Beach/Ocean! FOUR bedrooms (two up and two down), three baths. Owners has successfully Air BnB'd the downstairs himself in past - has Kitchenette/living area, two beds and bath plus garage/Party room! Upstairs main floor has large kitchen w/ eat at bar, spacious great room w/ dining, Owner's En-Suite/ has walk-in closet has washer/dryer unit (all in

    Lynn Bulman Howard Hanna Outer Banks Realty

    Section Image
  • 4121 W Whispering Winds Ct Unit Lot 17, Nags Head, NC 27959

    $599,000

    • 4 Beds
    • 2.5 Baths
    • 1,725 Sq Ft
    • 4121 W Whispering Winds Ct
    • Unit Lot 17
    • Nags Head, NC

    Introducing this charming home, situated on a quiet cul-de-sac in the highly sought-after Southridge community of Nags Head, NC. Featuring 4 bedrooms and 2.5 bathrooms, this residence boasts a spacious and well-designed floor plan, thoughtfully laid out to maximize comfort and functionality. With four large decks, this home is perfect for entertaining and offers ample outdoor living space. A

    Monika Lantova Howard Hanna Outer Banks Realty

    Section Image
  • 4126 W Drifting Sands Ct Unit Lot 11, Nags Head, NC 27959

    $664,000

    • 4 Beds
    • 3.5 Baths
    • 1,947 Sq Ft
    • 4126 W Drifting Sands Ct
    • Unit Lot 11
    • Nags Head, NC

    Charming 4-Bedroom Home in Nags Head – Perfect Location & Move-In Ready!Don't miss the chance to own this stunning 4-bedroom, 3.5-bath home in the heart of Nags Head! Nestled on a quiet cul-de-sac, this property is just moments away from the sound, beach, restaurants, and shopping – offering the perfect blend of convenience and tranquility.The home sits on a flat lot with a fully fenced backyard,

    Melissa Curry SAGA Realty and Construction

    Section Image
  • 4323 W Barracuda Dr Unit Lot 71, Nags Head, NC 27959

    $599,000

    • 4 Beds
    • 4 Baths
    • 1,761 Sq Ft
    • 4323 W Barracuda Dr
    • Unit Lot 71
    • Nags Head, NC

    This Nags Head property is a great opportunity for either a personal home or a rental! From the outside you see the beautiful yard and ample deck space for outdoor enjoyment. The ground floor offers a separate room with a bathroom, detached from the rest of the home, as well as the laundry room. Upon going up the front steps, you will enter the home to find a spacious living room connecting to a

    Michael Davenport Sun Realty - KDH

    Section Image
  • 116 W Old Cove Rd Unit lot 1, Nags Head, NC 27959

    $459,000

    • 4 Beds
    • 2 Baths
    • 1,232 Sq Ft
    • 116 W Old Cove Rd
    • Unit lot 1
    • Nags Head, NC

    Welcome to your slice of Outer Banks charm! Situated in the beloved sound side community of Old Nags Head Cove, this 4-bedroom, 2-bath beach box cottage offers the perfect blend of livability and potential. With a little vision, you can transform this sweet retreat into a modern coastal getaway. Step inside to find an open-concept kitchen, living, and dining area, ideal for laid-back beach

    Danielle Taylor Keller Williams - Outer Banks

    Section Image
  • 118 W Soundside Rd Unit Lot PT7, Nags Head, NC 27959

    $539,000

    • 3 Beds
    • 2.5 Baths
    • 1,172 Sq Ft
    • 118 W Soundside Rd
    • Unit Lot PT7
    • Nags Head, NC

    Welcome to your perfect Outer Banks escape — where ocean views meet dune-side serenity. Nestled in the heart of Nags Head, this 3-bedroom, 2.5-bathroom coastal cottage offers a one-of-a-kind setting with Jockey’s Ridge State Park as your backyard and the beach just a short stroll away.With 1,172 square feet of well-designed living space, this home blends charm and comfort in all the right ways.

    John Peters Keller Williams - Outer Banks

    Section Image
  • 4710 S Pompano Ct Unit Lot 39, Nags Head, NC 27959

    $509,000

    • 3 Beds
    • 3 Baths
    • 950 Sq Ft
    • 4710 S Pompano Ct
    • Unit Lot 39
    • Nags Head, NC

    *Motivated Seller* Nestled in the heart of Nags Head, this 3-bedroom, 1 full-bath, and 2 half-bath home blends coastal charm with modern comfort. Located in the highly sought-after Old Nags Head Cove community, this property offers an unbeatable combination of convenience and lifestyle, just minutes from the beach and a short walk to local shops and restaurants.Step inside to discover an

    Sarah Pritchard SAGA Realty and Construction

    Section Image
  • 225 S Meadow Green, Nags Head, NC 27959

    $675,000

    • 3 Beds
    • 2.5 Baths
    • 1,662 Sq Ft
    • 225 S Meadow Green
    • Nags Head, NC

    This stunning home in the sought-after Baymeadows community of The Village at Nags Head is a must-see! Located at end of cul-de sac, on a larger lot, with golf course views from almost every window. The home features a spacious 3-bedroom, 2.5-bathroom layout with a reverse floor plan, it boasts an open-concept design that includes a great room, a kitchen with new appliances and beautiful new LVT

    Karen DelVacchio Basnight Realty

    Section Image
  • 2507 S Bridge Ln Unit Lot 76, Nags Head, NC 27959

    $664,900

    • 4 Beds
    • 3 Baths
    • 2,116 Sq Ft
    • 2507 S Bridge Ln
    • Unit Lot 76
    • Nags Head, NC

    Expansive L-shaped Ranch over 2,100sf located a half-mile from the Oceanfront! MUCH larger than meets the eye. This is a MUST-SEE-- ONE-level living with TWO Ensuites in popular Nags Head Acres. Idyllic location with stoplight at Bypass across to Admiral St Beach Access (perfect to see July 4th Fireworks!) or your choice of excellent nearby beach accesses--surf, sun, skim & SUP at the

    Terry Cremia Shore Realty

    Section Image

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
Fraser Barbara E $343,500 None Available
Smith Ernell G -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2020 11/16/20 Sold $343,500 -0.4% $214 / Sq Ft
10/18/2020 10/18/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $345,000 -- $215 / 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 $975 $295,300 $106,800 $188,500
2023 $975 $295,300 $106,800 $188,500
2022 $1,183 $295,300 $106,800 $188,500
2021 $1,183 $295,300 $106,800 $188,500
2020 $1,183 $295,300 $106,800 $188,500
2019 $1,077 $229,200 $94,800 $134,400
2018 $1,077 $229,200 $94,800 $134,400
2017 $1,077 $229,200 $94,800 $134,400
2016 $986 $229,200 $94,800 $134,400
2014 $986 $229,200 $94,800 $134,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111435

Outer Banks Association of REALTORS®

APN: 030431000