NOT LISTED FOR SALE

407 W Cobbs Way Nags Head, NC 27959

Estimated Value: $542,293 - $585,000

4 Beds
2.5 Baths
1,604 Sq Ft
$352/Sq Ft Est. Value

Last Sold November 16, 2020

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

Est. 65% increase in value since last sale

Current estimated payment $3,065/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 Realt License #253800

Howard Hanna Outer Banks Realt

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 Realt
List Price
$345,000
Sold Price
$343,500
Premium/Discount to List
-$1,500
-0.43%
Current Estimated Value
$565,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,573
Avg. Annual Appreciation
10.65%

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

Range of Values:

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Average Value
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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
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

  • Judy Burnette

    Seller's Agent in 2020

    Judy Burnette

    Judy Burnette Realty, LLC

    (252) 305-6321

    9 in this area

    19 Total Sales

    Judy Burnette
    Section Image
  • Stacy Siers

    Buyer's Agent in 2020

    Stacy Siers

    Howard Hanna Outer Banks Realt

    (252) 489-9451

    61 in this area

    160 Total Sales

    Stacy Siers
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111435

Outer Banks Association of REALTORS®

APN: 030431000

North Carolina Dare County Nags Head 27959

407 W Cobbs Way, Nags Head, NC

This home is located at 407 W Cobbs Way, Nags Head, NC 27959 since 12 October 2020 and is currently estimated at $565,073, approximately $352 per square foot. This property was built in 1993. 407 W Cobbs Way 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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