NOT LISTED FOR SALE

4308 S Hammerhead Dr Nags Head, NC 27959

Estimated Value: $614,359 - $848,000

3 Beds
2 Baths
1,225 Sq Ft
$557/Sq Ft Est. Value

Last Sold June 21, 2012

Last sale price $205,000 $167 Per Sq Ft

Est. 233% increase in value since last sale

Current estimated payment $3,817/month

12 Days on Market

Highlights

  • Boat Dock
  • Contemporary Architecture
  • Cathedral Ceiling
  • Clubhouse
  • Wooded Lot
  • Attic

About This Home

As of June 2012

5/2/12 OFFER ACCEPTED WAITING ON SIGNED BANK ADDENDUM. Enjoy the amenities of Old Nags Head Cove. This house has the potential for so much more than the beautiful and spacious upstairs living quarters which just received new paint, carpet and vinyl flooring throughout! The lower level is not finished and is not heated or cooled but with the X flood zone and a rough in bathroom, has potential for more! Tons of curb appeal this one will not last long at this price. This is a Fannie Mae HomePath property. Purchase this property for as little as 3% down! This property is approved for HomePath Financing. For more information about HomePath financing and incentives, please visit www.homepath.com

Last Agent to Sell the Property

Joseph Staten

OBX Island Realty License #270090 Listed on: 04/27/2012

Last Buyer's Agent

Joseph Staten

OBX Island Realty License #270090 Listed on: 04/27/2012

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $843

Year Built

  • Built in 2000

Lot Details

  • 9,500 Sq Ft Lot
  • Landscaped
  • Irregular Lot
  • Wooded Lot

HOA Fees

  • $12 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,225 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Utility Room
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Parking

  • Garage
  • Carport

Outdoor Features

  • Covered Deck

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned

Community Details

Overview

  • Association fees include common electric, common insurance, management
  • Old Nags Head Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$843

Year Built

Built in 2000

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Bank Owned: Yes
  • Directions: 158 to W. Danube, R on Barracuda, L on Hammerhead, house on L
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped
  • Flood Zone: X
  • Subdivision Name: Old Nags Head Cove, Sec F
  • Headline: High Hill Beauty
  • Heated Sq Ft: 1225
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: RES
  • Deed Book Pg Number: 0034
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Concrete, Vinyl
  • Foundation: Masonry, Piling
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Cathedral Ceiling(s), Dryer Connection, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Utility Room

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: 2 Car, Attached

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management
  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool, Park
  • Association Fee: Yes
  • Estimated Annual Fee: 143

Lot Info

  • Estimated Lot Sq Ft: 9500
  • Lot Description: Bulkheaded, Irregular Terrain, Wooded
  • Lot Number: Lot none
  • Deed Book: 1885

Building Info

  • Year Built: 2000

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 843.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2019
Sold by
Rafino Musaed and Rongavilla Rachel
Bought by
Rafino Chadman A
Current Estimated Value
$682,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$140,952
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$541,388

Purchase Details

Closed on
Dec 15, 2015
Sold by
Rafino Musaed and Rongavilla Rachel
Bought by
Rafino Chadman

Purchase Details

Listed on
Apr 27, 2012
Closed on
May 15, 2012
Sold by
Federal National Mortgage Association
Bought by
Rafino Musaed and Rongavilla Rachel
Seller's Agent
Joseph Staten
OBX Island Realty
Buyer's Agent
Joseph Staten
OBX Island Realty
List Price
$208,000
Sold Price
$205,000
Premium/Discount to List
-$3,000
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$184,500
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2011
Sold by
Mccormick Robert A
Bought by
Federal National Mortgage Association
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
Rafino Chadman A -- --
Rafino Chadman -- Attorney
Rafino Musaed -- None Available
Federal National Mortgage Association $199,700 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rafino Chadman A $160,000
Previous Owner Rafino Musaed $184,500
Previous Owner Mccormick Robert A $100,000
Previous Owner Mccormick Robert A $86,200
Previous Owner Mccormick Robert A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2012 06/21/12 Sold $205,000 -1.4% $167 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
04/27/2012 04/27/12 For Sale $208,000 -- $170 / 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 $1,046 $316,900 $96,100 $220,800
2023 $1,046 $316,900 $96,100 $220,800
2022 $1,269 $316,900 $96,100 $220,800
2021 $1,269 $316,900 $96,100 $220,800
2020 $1,269 $316,900 $96,100 $220,800
2019 $1,029 $219,000 $68,300 $150,700
2014 $94 $219,000 $68,300 $150,700
Source: Public Records

Agents Affiliated with this Home

  • Joseph Staten

    Seller's Agent in 2012

    Joseph Staten

    OBX Island Realty

    (252) 982-6136

    2 in this area

    93 Total Sales

    Joseph Staten
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 74675

Outer Banks Association of REALTORS®

APN: 006464000

North Carolina Dare County Nags Head 27959

4308 S Hammerhead Dr, Nags Head, NC

This home is located at 4308 S Hammerhead Dr, Nags Head, NC 27959 since 27 April 2012 and is currently estimated at $682,340, approximately $557 per square foot. This property was built in 2000. 4308 S Hammerhead Dr 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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