$325,000
SOLD MAR 18, 2013

4601 S Cobia Way Nags Head, NC 27959

5 Beds
4.5 Baths
2,796 Sq Ft
10,500 Sq Ft Lot

Recently Sold

$116 Per Sq Ft

7% Below List Price

84 Days on Market

About This Home

As of November 2020

Corner lot, 3 story home with good views - Covered decks, sun deck. Property has new appliances, fresh paint, new carpet and re-finished floors. This property is corporate owned and sold in its current condition "AS IS". No warranties, repairs, disclosures or inspections provided by the seller. Proof of funds or pre-qualification letter required on all offers. A special addendum will be made a part of the final contract. Seller reserves the right to negotiate offers regardless of date/time submitted. Title to be conveyed by "Special Warranty" deed.

Last Agent to Sell the Property

Pace Mimms

Default, Office License #156638 Listed on: 10/26/2012

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,491

Year Built

  • Built in 2005

HOA Fees

  • $12 Monthly HOA Fees

Interior Spaces

  • 2,796 Sq Ft Home
  • Game Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • In Ground Pool
  • 10,500 Sq Ft Lot

Community Details

  • Old Nags Head Cove Subdivision

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,491

Year Built

Built in 2005

Lot Details

0

HOA Fees

$12 per month

Listing Details

  • Class: RESIDENTIAL
  • Bank Owned: Yes
  • Directions: By Pass to Old Nags Head Cove, property on left at first intersection
  • Subdivision Name: Old Nags Head Cove
  • Heated Sq Ft: 2796
  • Sale/Rent: For Sale
  • Zoning: r
  • Deed Book Pg Number: 0201
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Full Bathrooms: 4
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool Type: Outdoor, In Ground

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 143

Lot Info

  • Estimated Lot Sq Ft: 10500
  • Lot Number: Lot 3
  • Deed Book: 1902

Rental Info

  • Other Expenses: 143100

Building Info

  • Year Built: 2005

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 1491

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
Not Available
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $500,000 None Available
Special Warranty Deed $325,000 None Available
Trustee Deed $425,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 New Conventional
Previous Owner $260,000 New Conventional
Previous Owner $413,000 Adjustable Rate Mortgage/ARM
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

  • Michael Davenport

    Seller's Agent in 2020

    Michael Davenport

    Sun Realty - KDH

    (252) 202-6113

    31 in this area

    145 Total Sales

    Section Image
  • Beth Hinson

    Buyer's Agent in 2020

    Beth Hinson

    RE/MAX

    (757) 544-4655

    3 in this area

    23 Total Sales

    Section Image

  • P

    Seller's Agent in 2013

    Pace Mimms

    Default, Office

  • Matt Myatt

    Buyer's Agent in 2013

    Matt Myatt

    Keller Williams - Outer Banks

    (252) 207-6588

    25 in this area

    438 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76745

Outer Banks Association of REALTORS®

APN: 009087003

North Carolina Dare County Nags Head 27959

4601 S Cobia Way, Nags Head, NC

This home is located at 4601 S Cobia Way, Nags Head, NC 27959 and is currently priced at $325,000, approximately $116 per square foot. This property was built in 2005. 4601 S Cobia Way 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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