NOT LISTED FOR SALE

4307 S Hammerhead Dr Nags Head, NC 27959

Estimated Value: $548,000 - $706,000

3 Beds
3 Baths
2,016 Sq Ft
$313/Sq Ft Est. Value

Last Sold May 02, 2023

Last sale price $575,000 $285 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,633/month

13 Days on Market

Highlights

  • Boat Dock
  • Second Refrigerator
  • Wood Flooring
  • Outdoor Pool
  • Clubhouse
  • Sun or Florida Room

About This Home

As of May 2023

This quintessential Nags Head home offers the classic, coastal charm you have been searching for! You will love the unique details, from the original wood floors to the Croatan Inn's claw foot tub to the sunny foyer. This was one of the first homes developed in the highly coveted Old Nags Head Cove subdivision and has a large lot that could potentially support a private pool. The live oaks add to the tranquility of the private yard with expansive decks, hammocks, a firepit, 2 outdoor showers, and a chicken coop. You'll find an open living room and eat-in kitchen off the top level's sunny entryway. Down the hallway is a bedroom and full bathroom featuring a clawfoot tub salvaged from the Croatan Inn with optional shower capabilities. The end of the hall has the primary suite with a full bath, sitting room, and private access to the rear covered deck. The option to close off the lower level to rent out as a separate unit can be a great source of additional income. The private entrance, second kitchenette, and living room with a gas fireplace make it an attractive rental option for tenants. Old Nags Head Cove's amenities include a sound-front outdoor pool, clubhouse, sandy sound-front beach, picnic area, volleyball, and boat ramp.

Last Agent to Sell the Property

Emily Quinn Bray

Coldwell Banker Seaside Realty KH License #262971 Listed on: 03/20/2023

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Clint Baron

ROG OBX, Inc License #305149

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,911

Year Built

  • Built in 1977

Lot Details

  • 9,500 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Property is zoned R2

HOA Fees

  • $16 Monthly HOA Fees

Home Design

  • Cottage
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,016 Sq Ft Home
  • Partially Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Sun or Florida Room

Kitchen

  • Oven or Range
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Utilities

  • Central Air
  • Mini Split Air Conditioners
  • Heat Pump System
  • Mini Split Heat Pump
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 50

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance
  • Brenda Lowe Association, Phone Number (252) 207-6483
  • Old Nags Head Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,911

Year Built

Built in 1977

Lot Details

0

HOA Fees

$16 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Cottage
  • Extras: Ceiling Fan(s), Landscaped, Outside Shower, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Classic Coastal Charm
  • Heated Sq Ft: 2016
  • L V T Date: 03/20/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: F
  • Zoning: R2
  • Deed Book Pg Number: 206
  • 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: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Hardwood, Luxury Vinyl Plank, Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 3
  • Furnishings Available: Partial
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Fireplace, Ice Maker Connection, Washer Connection
  • Optional Rooms: In-Law Apartment, Sun/Florida Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 1 Car, Attached
  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump, Mini-Split
  • Heating: Electric, Heat Pump, Mini-Split
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance
  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 195
  • Hoa Contact: Brenda Lowe
  • HOA Contact: 252-207-6483

Lot Info

  • Estimated Lot Sq Ft: 9500
  • Lot Description: Level
  • Lot Number: Lot 50
  • Estimated Lot Size: 0.22
  • Deed Book: 1227

Building Info

  • Year Built: 1977

Tax Info

  • Year: 2022
  • Taxes: 2910.89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2023
Closed on
Apr 25, 2023
Sold by
Fenton Janet E
Bought by
West Arlie
Seller's Agent
Emily Quinn Bray
Coldwell Banker Seaside Realty KH
Buyer's Agent
Clint Baron
ROG OBX, Inc
List Price
$595,000
Sold Price
$575,000
Premium/Discount to List
-$20,000
-3.36%
Views
102
Current Estimated Value
$630,363

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,363
Avg. Annual Appreciation
4.04%
Original Mortgage
$516,000
Outstanding Balance
$505,295
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$125,068
Source: Public Records

Range of Values:

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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
West Arlie $3,450,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open West Arlie $516,000
Previous Owner Rainey Gordon M $273,700
Previous Owner Rainey Gordon M $60,000
Previous Owner Rainey Gordon M $209,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2023 05/02/23 Sold $575,000 -3.4% $285 / Sq Ft
04/02/2023 04/02/23 Pending -- -- --
03/20/2023 03/20/23 For Sale $595,000 -- $295 / 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 $2,180 $298,400 $97,400 $201,000
2023 $1,195 $298,400 $97,400 $201,000
2022 $1,195 $298,400 $97,400 $201,000
2021 $1,195 $298,400 $97,400 $201,000
2020 $1,195 $298,400 $97,400 $201,000
2019 $829 $176,400 $69,200 $107,200
2018 $829 $176,400 $69,200 $107,200
2017 $829 $176,400 $69,200 $107,200
2016 $759 $176,400 $69,200 $107,200
2014 $759 $176,400 $69,200 $107,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 121750

Outer Banks Association of REALTORS®

APN: 006499000