NOT LISTED FOR SALE

4409 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $2,264,000 - $2,903,000

8 Beds
6.5 Baths
4,260 Sq Ft
$596/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,750,000 $411 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $14,779/month

158 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • Fiberglass Pool
  • Coastal Architecture

About This Home

As of February 2021

Caribbean luxury galvanizes with Nags Head style in this custom built 8 bedroom home (4 masters)! It features an elevator, gameroom, theater room, heated pool and has been meticulously maintained. New dune deck and a new ocean facing slider in 2020, new Trex decking on all oceanside decks, new carpet in theater room and bedrooms, new exterior paint in 2019, new hot tub 2018, new large industrial fridge, and all mattresses replaced in 2018. Bamboo flooring and colorful tile work create a cheerful beach atmosphere making it a popular rental and efficient investment. Virtual tour: https://tour.a12tours.com/idx/157645

Last Agent to Sell the Property

Stacey Baittinger

Landmark Sotheby's International Realty License #204729 Listed on: 08/01/2020

Landmark Sotheby's International Realty

Last Buyer's Agent

Tammy Johnson

Island Life Realty License #278552

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,542

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Beach Front

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 4,260 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Loft
  • Game Room
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Utilities

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

Additional Features

  • Handicap Accessible
  • Sun Deck

Community Details

  • Nags Head Beach Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,542

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: From 158 turn East on Dixie Street, turn right on S Va. Dare Trail, house is yellow on the left.
  • Extras: Ceiling Fan(s), Elevator, Handicap Friendly, Hot Tub, Jet Tub, Outside Shower, Sun Deck, Inside Laundry Room
  • Headline: Dynamic Oceanfront!
  • Heated Sq Ft: 4260
  • L V T Date: 08/01/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 175984
  • Advertised Income 2021: 186870
  • Deed Book Pg Number: 274
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C6124
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator, Wall Oven, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Connection, Gas Fireplace, Ensuite, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Game Room, Loft, Office, Home Theater
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 5000

Lot Info

  • Estimated Lot Sq Ft: 13000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: W
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.30
  • Deed Book: 2213

Rental Info

  • Est Annual Rental Income: 186870
  • Estimated Rental Performance: 0.1068
  • Flood Expenses: 1600
  • Maintenance Expenses: 10000
  • Poolspa Expense: 4000
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Grand Cayman
  • Rental Cottage Number: 175
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 3000
  • Annual Electric: 5500
  • Annual Water Expense: 2750

Building Info

  • Year Built: 2004

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2019
  • Taxes: 9541.59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2020
Closed on
Mar 31, 2021
Sold by
Talreja Ashok L and Banerjee Anita
Bought by
Pfeifer Gregory J and Pfeifer Cynthia M
Seller's Agent
Stacey Baittinger
Landmark Sotheby's International Realty
Buyer's Agent
Tammy Johnson
Island Life Realty
List Price
$1,750,000
Sold Price
$1,750,000
Current Estimated Value
$2,536,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$786,874
Avg. Annual Appreciation
8.73%
Original Mortgage
$1,380,000
Outstanding Balance
$1,246,693
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,316,861

Purchase Details

Listed on
Aug 1, 2020
Closed on
Feb 24, 2021
Sold by
Grand Cayman Obx Llc
Bought by
Baker Brian J and Baker Carolyn L
Seller's Agent
Stacey Baittinger
Landmark Sotheby's International Realty
Buyer's Agent
Tammy Johnson
Island Life Realty
List Price
$1,750,000
Sold Price
$1,750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Outstanding Balance
$1,246,693
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,316,861

Purchase Details

Listed on
Mar 22, 2016
Closed on
Dec 28, 2017
Sold by
Grand Cayman Properties Llc
Bought by
Grand Cayman Obx Llc
Seller's Agent
Barry Breit
Carolina Designs Realty
Buyer's Agent
Stacey Baittinger
Landmark Sotheby's International Realty
List Price
$1,799,000
Sold Price
$1,505,000
Premium/Discount to List
-$294,000
-16.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
May 19, 2006
Sold by
G & M Homes Nc Llc 1
Bought by
Grand Cayanan Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,085,000
Interest Rate
7.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Pfeifer Gregory J $1,725,000 None Listed On Document
Baker Brian J $1,750,000 None Available
Grand Cayman Obx Llc $1,505,000 None Available
Grand Cayanan Properties Llc $2,537,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfeifer Gregory J $1,380,000
Closed Baker Brian J $1,400,000
Previous Owner Grand Cayman Properties Llc $983,650
Previous Owner Grand Cayanan Properties Llc $2,085,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $1,750,000 0.0% $411 / Sq Ft
01/06/2021 01/06/21 Pending -- -- --
08/01/2020 08/01/20 For Sale $1,750,000 +16.3% $411 / Sq Ft
12/28/2017 12/28/17 Sold $1,505,000 -16.3% $353 / Sq Ft
10/31/2017 10/31/17 Pending -- -- --
03/22/2016 03/22/16 For Sale $1,799,000 -- $422 / 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 $15,155 $1,636,800 $729,000 $907,800
2023 $6,701 $1,673,112 $729,000 $944,112
2022 $6,701 $1,673,112 $729,000 $944,112
2021 $6,701 $1,673,112 $729,000 $944,112
2020 $6,701 $1,673,112 $729,000 $944,112
2019 $5,866 $1,212,400 $499,000 $713,400
2018 $0 $1,212,400 $499,000 $713,400
2017 $5,866 $1,212,400 $499,000 $713,400
2016 $5,367 $1,212,400 $499,000 $713,400
2014 $6,238 $1,212,400 $499,000 $713,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110371

Outer Banks Association of REALTORS®

APN: 008653001