NOT LISTED FOR SALE

4708 S Cobia Way Nags Head, NC 27959

Estimated Value: $710,000 - $853,000

3 Beds
4 Baths
1,912 Sq Ft
$411/Sq Ft Est. Value

Last Sold August 15, 2016

Last sale price $389,000 $203 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $4,295/month

177 Days on Market

Highlights

  • Private Dock
  • Home fronts a canal
  • Wood Flooring
  • Outdoor Pool
  • Clubhouse
  • Wood Countertops

About This Home

As of August 2016

Rarely do you find a combination of waterfront property and a highly elevated lot! This superb canal front location is less than an hour away by boat from Oregon Inlet and the ocean! This is a true amenity for fishing enthusiasts. Peeks of both the ocean and the sound can be seen from the large living area on the top floor. From top to bottom this well maintained home is full of updates and fabulous wood finishes that will take your breath away such as the kitchen bar, built-in entertainment center and cabinets all in American Cherry. All interior doors are solid Ash and the floors are fabulous with solid Ash in the main living area and Eucalyptus and Jatoba woods in the bedrooms. Additional features include a gas tankless hot water heater, fireplace, clothes dryer and range/oven. The house has been wired to accommodate an electric range and dryer if you prefer. If you enjoy fishing from your private dock you will certainly enjoy the extra amenities; a large dock box, fish cleaning station, power and water.

Last Agent to Sell the Property

Scott Team Realt Team

Scott Team Realty License #See Brokers Notes Listed on: 01/16/2016

Last Buyer's Agent

Betty Neal

Keller Williams - Outer Banks License #60983

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,507

Year Built

  • Built in 2003

Lot Details

  • 9,375 Sq Ft Lot
  • Home fronts a canal
  • Landscaped
  • Sprinkler System

HOA Fees

  • $14 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,912 Sq Ft Home
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Canal Views
  • Storm Doors
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wood Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Cork
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Parking

  • Garage
  • Carport
  • Tuck Under Parking
  • Garage Door Opener

Outdoor Features

  • Outdoor Pool
  • Sun Deck
  • Private Dock
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 34

Community Details

Overview

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

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Playground
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,507

Year Built

Built in 2003

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From the Bypass take W. Old Cove to left on Cobia. House will be on the right
  • Extras: Ceiling Fan(s), Covered Decks, Garage Door Opener, Landscaped, Lawn Sprinklers, Storm Doors, Sun Deck, Boat Dock
  • Flood Zone: AE
  • Subdivision Name: Old Nags Head Cove Sec A
  • Headline: Highly Elevated Canal Front!
  • Heated Sq Ft: 1912
  • L V T Date: 01/16/2016
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Canalfront
  • Zoning: Res
  • Deed Book Pg Number: 0112
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 3
  • Bedroom 1: 11x18.5, On Level: 2
  • Bedroom 2: 10.5x9, On Level: 2
  • Bedroom 3: 10.5x9, On Level: 2
  • Kitchen: 12x14, On Level: 3
  • Countertops: Wood, Laminate
  • Floor Coverings: Ceramic Tile, Wood, Cork
  • Foundation: Piling
  • Full Bathrooms: 2
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Walk in Closet
  • Dining Room: 12x12, On Level: 3
  • Living Room: 17x22, On Level: 3
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Covered Deck Size: Large
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: Large
  • View: Canal

Garage/Parking

  • Garage: 2 Car
  • Parking: Paved, Under

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump, Zoned
  • 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, Playground, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 168
  • Hoa Contact: Anna Sadler
  • Home Owner Dwelling Insurance: 2436

Lot Info

  • Estimated Lot Sq Ft: 9375
  • Lot Description: Water Frontage
  • Lot Number: Lot 34
  • Deed Book: 1855

Rental Info

  • Flood Expenses: 247
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 1824
  • Annual Water Expense: 357

Building Info

  • Year Built: 2003

Tax Info

  • Year: 2015
  • Taxes: 1507.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 16, 2016
Closed on
Aug 9, 2016
Sold by
Strum Brendan W and Strum Holly M
Bought by
Stewart Joel David and Stewart Robin Elizabeth
Seller's Agent
Scott Team Realt Team
Scott Team Realty
Buyer's Agent
Betty Neal
Keller Williams - Outer Banks
List Price
$409,000
Sold Price
$389,000
Premium/Discount to List
-$20,000
-4.89%
Current Estimated Value
$759,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$370,977
Avg. Annual Appreciation
8.14%
Original Mortgage
$389,000
Outstanding Balance
$314,745
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$471,573

Purchase Details

Closed on
Jan 11, 2011
Sold by
Strum Brendan W and Strum Holly M
Bought by
Strum Brendan W and Strum Holly M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.58%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stewart Joel David $389,000 Attorney
Strum Brendan W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stewart Joel David $389,000
Previous Owner Strum Brendan W $300,000
Previous Owner Strum Brendan W $285,000
Previous Owner Strum Brendan W $87,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2016 08/15/16 Sold $389,000 -4.9% $203 / Sq Ft
07/11/2016 07/11/16 Pending -- -- --
01/16/2016 01/16/16 For Sale $409,000 -- $214 / 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 $1,437 $435,500 $159,800 $275,700
2023 $1,437 $435,500 $159,800 $275,700
2022 $1,744 $435,500 $159,800 $275,700
2021 $1,744 $435,500 $159,800 $275,700
2020 $2,801 $435,500 $159,800 $275,700
2019 $1,647 $350,500 $137,300 $213,200
2018 $1,647 $350,500 $137,300 $213,200
2017 $1,647 $350,500 $137,300 $213,200
2016 $1,507 $350,500 $137,300 $213,200
2014 $2,443 $350,500 $137,300 $213,200
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90802

Outer Banks Association of REALTORS®

APN: 006163000