NOT LISTED FOR SALE

4205 S Croatan Hwy Nags Head, NC 27959

Estimated Value: $795,269 - $885,000

5 Beds
4 Baths
2,340 Sq Ft
$365/Sq Ft Est. Value

Last Sold April 09, 2021

Last sale price $625,000 $267 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,895/month

25 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Game Room
  • In Ground Pool
  • Furnished
  • Tile Flooring

About This Home

As of April 2021

Centrally located beach rental property with over 2,300 square feet of quality craftsmanship. Beautifully decorated and perfectly maintained. Up to date furnishings and a fresh coat of paint. With 5 bedrooms, 4 baths, inground pool, hot tub, game room, outside entertaining area and a beautiful kitchen, this property is well equipped to be a solid investment. A proven RENTAL MACHINE. Turn-Key sale. Everything a renter wants and it's all included in the price. Short distance to restaurants, shops, amusements, ice cream and the ever popular fishing piers. The town of Nags Head's nourished and maintained beach is wide and wonderful. New roof in 2020, LVT flooring 2021, hot water heaters 2019, HVAC 2017/2018, stainless steel kitchen appliances 2019, hot tub 2017 and a new back yard fence in 2020. 3D virtual tour available at https://my.matterport.com/show/?m=r3fYtPc17fY&mls=1.

Co-Listed By

Dru Ferrence

Basnight Realty License #174208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,978

Year Built

  • Built in 2002

Lot Details

  • 10,000 Sq Ft Lot
  • Level Lot

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,340 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Utilities

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

Community Details

  • Old Hotel Lots Subdivision

Listing and Financial Details

  • Tax Lot 91, 108

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,978

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head, Coastal
  • Extras: Ceiling Fan(s), Hot Tub, Outside Shower, Smoke Detector(s), Dry Entry
  • Flood Zone: X
  • Subdivision Name: OLD HOTEL LOTS - DB 15-219
  • Headline: FULLY EQUIPED NAGS HEAD RENTAL
  • Heated Sq Ft: 2340
  • L V T Date: 02/03/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Res
  • Advertised Income 2020: 57548
  • Advertised Income 2021: 47516
  • Deed Book Pg Number: 0680
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl Tile
  • Foundation: Piling, Slab
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ensuite, Washer Connection
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2633

Lot Info

  • Estimated Lot Sq Ft: 10000
  • Lot Description: Level
  • Lot Number: Lot 91, 108
  • Estimated Lot Size: 0.23
  • Deed Book: 2019

Rental Info

  • Est Annual Rental Income: 62068
  • Estimated Rental Performance: 0.0993
  • Flood Expenses: 783
  • Lease Terms: Weekly
  • Other Insurance Expenses: 347
  • Rental Co: Village Realty
  • Rental Cottage Name: Marlin Manor
  • Rental Cottage Number: JR4205
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 2736
  • Annual Electric: 3154
  • Annual Water Expense: 1071
  • Rental Contact Email: obxrentals@villagerealtyobx.com
  • Rental Contact Name: Village Realty
  • Rental Contact Phone: 252-480-2224

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2020
  • Taxes: 2978.28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2021
Sold by
Evans James W and Evans Kathryn M
Bought by
Tingen Britt S and Tingen Tracy D
Current Estimated Value
$844,810

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 7, 2021
Sold by
Evans James W and Evans Kathryn M
Bought by
Tingen Britt S and Tingen Tracy D
List Price
$625,000
Sold Price
$625,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%
Original Mortgage
$457,200
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 14, 2014
Closed on
May 11, 2015
Sold by
All Is Gift Llc
Bought by
Evans James W and Evans Kathryn M
Seller's Agent
Rick Drumm
Beach Realty & Construction
Buyer's Agent
Karen DelVacchio
Basnight Realty
List Price
$440,000
Sold Price
$385,000
Premium/Discount to List
-$55,000
-12.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%

Purchase Details

Listed on
Feb 14, 2014
Closed on
May 2, 2015
Sold by
Abline Leonard R and Abline Kathy S
Bought by
Evans James W and Evans Kathryn M
Seller's Agent
Rick Drumm
Beach Realty & Construction
Buyer's Agent
Karen DelVacchio
Basnight Realty
List Price
$440,000
Sold Price
$385,000
Premium/Discount to List
-$55,000
-12.5%
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
Tingen Britt S -- None Available
Tingen Britt S $625,000 None Available
Evans James W -- None Available
Evans James W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tingen Britt S $457,200
Previous Owner Abline Leonard R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2021 04/09/21 Sold $625,000 0.0% $267 / Sq Ft
02/28/2021 02/28/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $625,000 +62.3% $267 / Sq Ft
05/08/2015 05/08/15 Sold $385,000 -12.5% $167 / Sq Ft
04/12/2015 04/12/15 Pending -- -- --
02/14/2014 02/14/14 For Sale $440,000 -- $191 / 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 $3,223 $423,900 $100,000 $323,900
2023 $1,750 $436,856 $100,000 $336,856
2022 $1,750 $436,856 $100,000 $336,856
2021 $1,791 $447,206 $100,000 $347,206
2020 $1,792 $447,526 $100,000 $347,526
2019 $1,613 $321,200 $99,400 $221,800
2018 $1,652 $321,200 $99,400 $221,800
2017 $1,562 $321,200 $99,400 $221,800
2016 $1,429 $321,200 $99,400 $221,800
2014 $2,316 $321,200 $99,400 $221,800
Source: Public Records

Agents Affiliated with this Home

  • Dru Ferrence

    Seller Co-Listing Agent in 2021

    Dru Ferrence

    Basnight Realty

    (252) 597-5560

    36 in this area

    90 Total Sales

    Section Image
  • Rick Drumm

    Seller's Agent in 2015

    Rick Drumm

    Beach Realty & Construction

    (252) 305-9999

    27 in this area

    86 Total Sales

    Section Image
  • Karen DelVacchio

    Buyer's Agent in 2015

    Karen DelVacchio

    Basnight Realty

    (215) 694-8883

    26 in this area

    58 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112689

Outer Banks Association of REALTORS®

APN: 008548005

North Carolina Dare County Nags Head 27959

4205 S Croatan Hwy, Nags Head, NC

This home is located at 4205 S Croatan Hwy, Nags Head, NC 27959 since 03 February 2021 and is currently estimated at $854,317, approximately $365 per square foot. This property was built in 2002. 4205 S Croatan Hwy is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

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