NOT LISTED FOR SALE

4411 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $2,282,000 - $2,923,000

8 Beds
6.5 Baths
4,260 Sq Ft
$594/Sq Ft Est. Value

Last Sold April 08, 2021

Last sale price $1,725,000 $405 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $14,844/month

12 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Home Theater
  • Second Refrigerator
  • Wood Flooring

About This Home

As of April 2021

Enjoy a taste of Nags Head Oceanfront Luxury. This spectacular custom built home features 8 bedrooms and a gorgeous living area with loft. Enjoy expansive ocean views from the open-plan gourmet kitchen ( 2 dishwashers and 2 refrigerators), dining area, and breakfast table. You can lounge on one of the many private decks while your friends have fun in the custom game room which boasts a pool table/ping pong table and its own bar. There are four master bedrooms with ensuite baths designed with exquisite custom tile work. The additional bedrooms feature Jack-n-Jill bathrooms. New dune decking and hot water tanks in 2020. After a fun filled day and dinner, ride the elevator to the lower level and watch a movie in the theater room. The outdoor area has a heated pool, hot tub, 2 grills, and a deck built on top the large protective dune. Of course you have a private boardwalk to a very wide beautiful beach. Wanting to go out for the day? Nearby you have restaurants, shopping, water activities in the sound, and golf. Nags Head offers a little bit of everything for everyone. Investors and owners will definitely appreciate this properties amazing income potential.

Last Agent to Sell the Property

Chuck Motosko

Charles S Motosko License #188928 Listed on: 01/29/2021

Last Buyer's Agent

Richard Tolson

RT Realty OBX, LLC License #119826

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,568

Year Built

  • Built in 2004

Lot Details

  • Ocean Front

Parking

  • Off-Street Parking

Home Design

  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water

Listing and Financial Details

  • Tax Lot Parcel 1

Community Details

Overview

  • Nags Head Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,568

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Extras: Boardwalk to Beach, Covered Decks, Elevator, Hot Tub, Outside Lighting, Outside Shower, Sun Deck, Dry Entry
  • Subdivision Name: Nags Head Beach Plat A
  • Headline: Luxury Custom Ocean Front
  • Heated Sq Ft: 4260
  • L V T Date: 01/29/2021
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0519
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • 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, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Loft, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Water: Municipal

Lot Info

  • Lot Description: Water Frontage
  • Lot Number: Lot Parcel 1
  • Deed Book: 2010

Rental Info

  • Est Annual Rental Income: 236270
  • Estimated Rental Performance: 0.137

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2020
  • Taxes: 12567.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
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
Chuck Motosko
Charles S Motosko
Buyer's Agent
Richard Tolson
RT Realty OBX, LLC
List Price
$1,750,000
Sold Price
$1,725,000
Premium/Discount to List
-$25,000
-1.43%
Current Estimated Value
$2,528,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$803,937
Avg. Annual Appreciation
9.04%
Original Mortgage
$1,380,000
Outstanding Balance
$1,246,693
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,282,244

Purchase Details

Listed on
Nov 6, 2014
Closed on
Mar 27, 2015
Sold by
Head Tarheel Properties Llc
Bought by
Talreja Ashok L and Banerjee Anita
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Chuck Motosko
Charles S Motosko
List Price
$1,699,000
Sold Price
$1,525,000
Premium/Discount to List
-$174,000
-10.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$1,000,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2006
Sold by
G & M Homes Nc Llc 1
Bought by
Nags Head Tarheel 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
$1,500,000
Interest Rate
5.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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 Available
Talreja Ashok L -- None Available
Nags Head Tarheel Properties Llc $2,650,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pfeifer Gregory J $1,380,000
Previous Owner Talreja Ashok L $1,000,000
Previous Owner Talreja Ashok L $100,000
Previous Owner Nags Head Tarheel Properties Llc $1,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2021 04/08/21 Sold $1,725,000 -1.4% $405 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $1,750,000 +14.8% $411 / Sq Ft
03/27/2015 03/27/15 Sold $1,525,000 -10.2% $355 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
11/06/2014 11/06/14 For Sale $1,699,000 -- $395 / 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 $14,049 $1,519,200 $729,000 $790,200
2023 $14,077 $1,550,808 $729,000 $821,808
2022 $6,211 $1,550,808 $729,000 $821,808
2021 $12,991 $1,550,808 $729,000 $821,808
2020 $6,211 $1,550,808 $729,000 $821,808
2019 $5,816 $1,201,900 $489,000 $712,900
2018 $5,833 $1,201,900 $489,000 $712,900
2017 $5,833 $1,201,900 $489,000 $712,900
2016 $5,321 $1,201,900 $489,000 $712,900
2014 $6,186 $1,201,900 $489,000 $712,900
Source: Public Records

Agents Affiliated with this Home

  • Chuck Motosko

    Seller's Agent in 2021

    Chuck Motosko

    Charles S Motosko

    (252) 256-1715

    5 in this area

    27 Total Sales

    Chuck Motosko
    Section Image
  • Richard Tolson

    Buyer's Agent in 2021

    Richard Tolson

    RT Realty OBX, LLC

    (252) 202-9199

    10 in this area

    62 Total Sales

    Richard Tolson
    Section Image
  • Gray Berryman

    Seller's Agent in 2015

    Gray Berryman

    Carolina Designs Realty

    (252) 573-9503

    17 in this area

    197 Total Sales

    Gray Berryman
    Section Image
  • Barry Breit

    Seller Co-Listing Agent in 2015

    Barry Breit

    Carolina Designs Realty

    (252) 202-1043

    2 in this area

    31 Total Sales

    Barry Breit
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112625

Outer Banks Association of REALTORS®

APN: 008653000

North Carolina Dare County Nags Head 27959

4411 S Virginia Dare Trail, Nags Head, NC

This home is located at 4411 S Virginia Dare Trail, Nags Head, NC 27959 since 29 January 2021 and is currently estimated at $2,528,937, approximately $593 per square foot. This property was built in 2004. 4411 S Virginia Dare Trail 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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