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 May 08, 2015

Last sale price $267,500 $167 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $3,065/month

27 Days on Market

Highlights

  • Cathedral Ceiling
  • Furnished
  • En-Suite Primary Bedroom
  • Main Floor Bedroom
  • Outdoor Shower
  • Ceiling Fan

About This Home

As of May 2015

Lovely home, exceptionally well maintained. The interior looks like a new home. Gently used only as a second home. Great neighborhood for primary residence or second home. Quiet, yet located conveniently in close range of shopping, restaurants. Drive to the beach in a few moments, or enjoy the beach on the Roanoke Sound within walking distance. In the past 5 years the sellers have painted the exterior with Flood Pro brand paing & stain and painted the interior including woodwork and windows, installed new flooring in all baths, kitchen and laundry room, new hot water heater, new front sliding door, new deck flooring and railings, new outside shower, had biannual inspections and maintenance for the heating and air system. The house is sold furnished, with the furnishings as shown.

Last Agent to Sell the Property

Linda Harper

Howard Hanna Outer Banks Realt License #53439 Listed on: 03/10/2015

Howard Hanna Outer Banks Realt

Co-Listed By

Thomas Harper

Keller Williams - Outer Banks License #54815

Last Buyer's Agent

Bonnie Langdale

OBX Property Management, LLC dba Paradise Realty License #280889

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,598

Year Built

  • Built in 1993

Lot Details

  • 8,113 Sq Ft Lot
  • Lot Dimensions are 61 x 133

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,604 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Utility Room
  • Carpet

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Built by Sonny Cobb
  • Southridge Subdivision

Listing and Financial Details

  • Tax Lot 50

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,598

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From US 158, turn west onto Deering St, left onto Southridge Rd, right onto Cobbs Way
  • Extras: Ceiling Fan(s), Outside Shower, Sun Deck
  • Flood Zone: AE
  • Headline: VERY VERY WELL KEPT!
  • Heated Sq Ft: 1604
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 2
  • Zoning: Res
  • Deed Book Pg Number: 120
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Kitchen: OPEN!, On Level: 2
  • Floor Coverings: Carpet
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite
  • Dining Room: combo, On Level: 2
  • Living Room: spacious, On Level: 2
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Sonny Cobb
  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 66

Garage/Parking

  • Parking: Paved, Under

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2704

Lot Info

  • Estimated Lot Sq Ft: 8113
  • Lot Size: 61 X 133
  • Lot Number: Lot 50
  • Deed Book: 905

Rental Info

  • Other Expenses: 94800
  • Annual Cable TV Expense: 840
  • Annual Electric: 666
  • Annual Water Expense: 188

Building Info

  • Year Built: 1993

Tax Info

  • Year: 2014
  • Taxes: 1598

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 16, 2020
Sold by
Smith Ernell G and Smith Merry H
Bought by
Fraser Barbara E
Current Estimated Value
$565,073

Purchase Details

Listed on
Mar 10, 2015
Closed on
May 8, 2015
Sold by
Bruno Graig G and Bruno Ellen J
Bought by
Smith Ernell G and Smith Merry H
Seller's Agent
Linda Harper
Howard Hanna Outer Banks Realt
Buyer's Agent
Bonnie Langdale
OBX Property Management, LLC dba Paradise Realty
List Price
$289,000
Sold Price
$267,500
Premium/Discount to List
-$21,500
-7.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
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
05/08/2015 05/08/15 Sold $267,500 -7.4% $167 / Sq Ft
04/06/2015 04/06/15 Pending -- -- --
03/10/2015 03/10/15 For Sale $289,000 -- $180 / 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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87125

Outer Banks Association of REALTORS®

APN: 030431000