NOT LISTED FOR SALE

4601 S Cobia Way Nags Head, NC 27959

Estimated Value: $848,634 - $920,000

5 Beds
4.5 Baths
2,796 Sq Ft
$312/Sq Ft Est. Value

Last Sold November 05, 2020

Last sale price $500,000 $179 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $5,089/month

466 Days on Market

Highlights

  • Boat Dock
  • Canal View
  • Cathedral Ceiling
  • In Ground Pool
  • Clubhouse
  • Wood Flooring

About This Home

As of November 2020

Looking for a Nags Head style house? This 5 bedroom 4 bath home has over 2700 sq. feet and features lots of open and covered decks. With 3 levels of living space there is plenty of room to spread out. Sold fully furnished this home is in a weekly rental program and has great rental potential. The subdivision offers a community pool or enjoy the private in ground pool at the house. This reverse floor plan home is located close to plenty of shopping and restaurants. Sit outside by the pool and hot tub for added enjoyment. Sold fully furnished and ready for you and your family to move in.

Last Agent to Sell the Property

Michael Davenport

Sun Realty - KDH License #82882 Listed on: 06/18/2019

Last Buyer's Agent

Beth Hinson

RE/MAX Coastal Associates License #305838

RE/MAX Coastal Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,961

Year Built

  • Built in 2005

Lot Details

  • 10,500 Sq Ft Lot
  • Corner Lot
  • Level Lot

HOA Fees

  • $14 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,796 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 3 / o

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, management, pool
  • Brenda Lowe 441 4562 Association
  • Old Nags Head Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,961

Year Built

Built in 2005

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Old Nags Head Cove
  • Headline: 5 BEDROOMS and POOL
  • Heated Sq Ft: 2796
  • L V T Date: 06/18/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: B
  • Zoning: R
  • Deed Book Pg Number: 0375
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3211
  • 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 w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Granite
  • Floor Coverings: Carpet, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Management, Pool
  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 165
  • Hoa Contact: Brenda Lowe 441 4562
  • HOA Contact: Old Nags Head Cove Associ

Lot Info

  • Estimated Lot Sq Ft: 10500
  • Lot Description: Corner, Level
  • Lot Number: Lot 3
  • Estimated Lot Size: 0.24
  • Deed Book: 1919

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Number: NHC01
  • Rental Phone Number: 480-2224
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2018
  • Taxes: 2961.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Gimpel Shawn M and Gimpel Anna
Bought by
Sundog Beach House Llc
Current Estimated Value
$871,159

Purchase Details

Listed on
Jun 18, 2019
Closed on
Nov 5, 2020
Sold by
Brown William Kenneth and Brown Elizabeth P
Bought by
Gimpel Shawn M and Gimpel Anna
Seller's Agent
Michael Davenport
Sun Realty - KDH
Buyer's Agent
Beth Hinson
RE/MAX Coastal Associates
List Price
$485,000
Sold Price
$500,000
Premium/Discount to List
$15,000
3.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%
Original Mortgage
$400,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 26, 2012
Closed on
Mar 14, 2013
Sold by
U S Bank Na
Bought by
Brown Elizabeth P and Brown William Kenneth
Seller's Agent
Pace Mimms
Default, Office
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$349,900
Sold Price
$325,000
Premium/Discount to List
-$24,900
-7.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.80%
Original Mortgage
$260,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2012
Sold by
James Blair Dollar and James Jason
Bought by
Bank Of America National 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
Sundog Beach House Llc -- None Available
Gimpel Shawn M $500,000 None Available
Brown Elizabeth P $325,000 None Available
Bank Of America National Association $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gimpel Shawn M $400,000
Previous Owner Brown Elizabeth P $260,000
Previous Owner James Blair Dollar $413,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $500,000 +3.1% $179 / Sq Ft
09/26/2020 09/26/20 Pending -- -- --
09/25/2020 09/25/20 For Sale $485,000 0.0% $173 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
09/17/2020 09/17/20 For Sale $485,000 0.0% $173 / Sq Ft
08/20/2020 08/20/20 Pending -- -- --
12/20/2019 12/20/19 Price Changed $485,000 -0.2% $173 / Sq Ft
12/20/2019 12/20/19 Price Changed $485,900 -0.8% $174 / Sq Ft
06/18/2019 06/18/19 For Sale $489,900 +50.7% $175 / Sq Ft
03/18/2013 03/18/13 Sold $325,000 -7.1% $116 / Sq Ft
01/18/2013 01/18/13 Pending -- -- --
10/26/2012 10/26/12 For Sale $349,900 -- $125 / 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 $3,941 $521,000 $99,900 $421,100
2023 $2,154 $537,844 $99,900 $437,944
2022 $2,154 $537,844 $99,900 $437,944
2021 $2,161 $537,844 $99,900 $437,944
2020 $2,154 $537,844 $99,900 $437,944
2019 $1,864 $381,100 $71,000 $310,100
2018 $1,871 $381,100 $71,000 $310,100
2017 $1,864 $381,100 $71,000 $310,100
2016 $1,705 $381,100 $71,000 $310,100
2014 $1,018 $381,100 $71,000 $310,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105541

Outer Banks Association of REALTORS®

APN: 009087003