NOT LISTED FOR SALE

4712 S Cobia Way Nags Head, NC 27959

Estimated Value: $668,000 - $1,094,000

3 Beds
2 Baths
1,804 Sq Ft
$495/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $300,000 $166 Per Sq Ft

Est. 179% increase in value since last sale

Current estimated payment $4,751/month

297 Days on Market

Highlights

  • Private Dock
  • Second Refrigerator
  • Clubhouse
  • Outdoor Pool
  • Home fronts a canal
  • Coastal Architecture

About This Home

As of May 2019

Looking for laid back, easy living on a Canal? Then bring your boat or kayak to your own dock. This landscaped property offers options to a new buyer. The top floor has two bedrooms, one bathroom with living space and a large pantry that has a washer/dryer hook up. The ground level has one bedroom, bonus room, large bathroom w/washer and dryer and a large living area combo. Both levels have their own private Deck overlooking the Canal and separate entrances. Call the second living area a Mother-in-law suite, private guest area or you decide. These options make for a unique find. Check it out today! Check out the community pool and other amenities here: http://oldnagsheadcovehoa.com/

Last Agent to Sell the Property

Shelley O'Grady

Joe Lamb, Realty License #290050 Listed on: 06/25/2018

Last Buyer's Agent

Kelly Dean

Landmark Sotheby's International Realty License #273801

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,047

Year Built

  • Built in 1983

Lot Details

  • 9,000 Sq Ft Lot
  • Home fronts a canal
  • Landscaped

HOA Fees

  • $14 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Beach Box Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,804 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Second Refrigerator
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Private Dock
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 35

Community Details

Overview

  • Old Nags Head Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,047

Year Built

Built in 1983

Lot Details

0

HOA Fees

$14 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Coastal
  • Directions: US-158 Turn west on W. Old Cove Rd, Left onto Cobia Way, house midway down on right
  • Extras: Ceiling Fan(s), Covered Decks, Landscaped, Outside Shower, Smoke Detector(s), Sun Deck, Boat Dock, Inside Laundry Room
  • Flood Zone: AE, X
  • Subdivision Name: Old Nags Head Cove Sec A
  • Headline: Priced to Sell!
  • Heated Sq Ft: 1804
  • L V T Date: 06/25/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Canalfront
  • Zoning: res
  • Deed Book Pg Number: 0001
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10668
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Interior Amenities: Dryer Connection, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: In-Law Apartment, Pantry

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Canal

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 165
  • Home Owner Dwelling Insurance: 485

Lot Info

  • Estimated Lot Sq Ft: 9000
  • Lot Description: Bulkheaded, Water Frontage
  • Lot Number: Lot 35
  • Estimated Lot Size: 0.21
  • Deed Book: 2125

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2018
  • Taxes: 2047.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2018
Closed on
May 31, 2019
Sold by
Joan P Mayo Ret
Bought by
Wells Christopher and Wells Pamela
Seller's Agent
Shelley O'Grady
Joe Lamb, Realty
Buyer's Agent
Kelly Dean
Landmark Sotheby's International Realty
List Price
$369,900
Sold Price
$300,000
Premium/Discount to List
-$69,900
-18.9%
Current Estimated Value
$836,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,552
Avg. Annual Appreciation
19.27%
Original Mortgage
$240,000
Outstanding Balance
$212,759
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$680,040

Purchase Details

Closed on
Sep 26, 2016
Sold by
Mayo Joan P and Parsons Joan G
Bought by
Mayo Joan P and Joan P Mayo Revocable Trust
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
Wells Christopher $300,000 --
Mayo Joan P -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wells Christopher $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $300,000 -4.8% $166 / Sq Ft
04/18/2019 04/18/19 Pending -- -- --
04/12/2019 04/12/19 Price Changed $315,000 -3.1% $175 / Sq Ft
02/15/2019 02/15/19 Price Changed $325,000 -7.1% $180 / Sq Ft
12/22/2018 12/22/18 Price Changed $349,900 -4.1% $194 / Sq Ft
09/17/2018 09/17/18 Price Changed $364,900 -1.4% $202 / Sq Ft
06/25/2018 06/25/18 For Sale $369,900 -- $205 / 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 $1,886 $571,500 $162,000 $409,500
2023 $1,886 $571,500 $162,000 $409,500
2022 $2,289 $571,500 $162,000 $409,500
2021 $1,379 $341,443 $162,000 $179,443
2020 $2,067 $312,500 $162,000 $150,500
2019 $1,238 $263,500 $139,200 $124,300
2018 $1,238 $263,500 $139,200 $124,300
2017 $1,238 $263,500 $139,200 $124,300
2016 $1,133 $263,500 $139,200 $124,300
2014 $1,133 $263,500 $139,200 $124,300
Source: Public Records

Agents Affiliated with this Home

  • Shelley O'Grady

    Seller's Agent in 2019

    Shelley O'Grady

    Joe Lamb, Realty

    (252) 722-2786

    22 in this area

    76 Total Sales

    Section Image
  • Kelly Dean

    Buyer's Agent in 2019

    Kelly Dean

    Landmark Sotheby's International Realty

    (252) 207-3655

    15 in this area

    55 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101008

Outer Banks Association of REALTORS®

APN: 006164000

North Carolina Dare County Nags Head 27959

4712 S Cobia Way, Nags Head, NC

This home is located at 4712 S Cobia Way, Nags Head, NC 27959 since 25 June 2018 and is currently estimated at $892,799, approximately $494 per square foot. This property was built in 1983. 4712 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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