NOT LISTED FOR SALE

4725 S Cobia Way Nags Head, NC 27959

Estimated Value: $411,000 - $512,000

3 Beds
1.5 Baths
910 Sq Ft
$504/Sq Ft Est. Value

Last Sold September 21, 2020

Last sale price $259,000 $285 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $2,596/month

41 Days on Market

Highlights

  • Boat Dock
  • Clubhouse
  • Wood Flooring
  • In Ground Pool
  • Beach Box Architecture
  • Furnished

About This Home

As of September 2020

Cute Outer Banks beach box located in the unique community of Old Nags Head Cove. Three bedrooms, one full bath, and one half bath. This home may be small but it has a nice open concept in Living/Kitchen area. Storage area under the home. Great outdoor space with plenty of room in the back yard to make into your outdoor oasis. Bring your beach toys and enjoy all this community offers, boat ramp access, canals to the sound for paddle boarding/kayaking, community pool and clubhouse. Easy walking or biking distance with recent added side walks in Nags Head to restaurants, shopping, and grocery stores.

Last Agent to Sell the Property

Stacy Siers

Howard Hanna Outer Banks Realt License #253800 Listed on: 06/26/2020

Howard Hanna Outer Banks Realt

Co-Listed By

Michael Siers

Howard Hanna Outer Banks Realt License #269494

Last Buyer's Agent

Debbie Knieper

Coldwell Banker Seaside Realty KH License #199613

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,084

Year Built

  • Built in 1975

Lot Details

  • 9,500 Sq Ft Lot
  • Level Lot

HOA Fees

  • $20 Monthly HOA Fees

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 910 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Wood Flooring
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • In Ground Pool

Utilities

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

Listing and Financial Details

  • Tax Lot lot 21

Community Details

Overview

  • Association fees include common electric, common insurance, management, pool
  • Brenda Love Association, Phone Number (252) 441-4562
  • Old Nags Head Cove Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,084

Year Built

Built in 1975

Lot Details

0

HOA Fees

$20 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Turn into the main entrance of Old Nags Head Cove, turn left onto Cobia, home will be on the left.
  • Extras: Ceiling Fan(s)
  • Flood Zone: AE, X
  • Headline: Affordable home in the Cove
  • Heated Sq Ft: 910
  • L V T Date: 06/26/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: B
  • Zoning: res
  • Deed Book Pg Number: 0719
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C32879
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Floor Coverings: Wood
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Optional with Additional Fee
  • Pool Type: In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Pool
  • Association Amenities: Boat Ramp, Clubhouse, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 240
  • Hoa Contact: Brenda Love
  • HOA Contact: 252-441-4562
  • Home Owner Dwelling Insurance: 600

Lot Info

  • Estimated Lot Sq Ft: 9500
  • Lot Description: Level
  • Lot Size: lot 21
  • Lot Number: lot 21
  • Estimated Lot Size: 0.22
  • Deed Book: 2063

Rental Info

  • Flood Expenses: 793

Building Info

  • Year Built: 1975

Tax Info

  • Year: 2019
  • Taxes: 1083.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 22, 2023
Sold by
Netala Tagore C and Netala Swaroopa K
Bought by
Netaka-Akunuri Family Trust
Current Estimated Value
$448,981

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 6, 2020
Sold by
Walters Edward K and Walters Alexis S
Bought by
Netala Tagore C and Akunuri Swaroopa K
Seller's Agent
Stacy Siers
Howard Hanna Outer Banks Realt
Buyer's Agent
Debbie Knieper
Coldwell Banker Seaside Realty KH
List Price
$259,000
Sold Price
$259,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.39%
Original Mortgage
$175,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2015
Closed on
Nov 30, 2015
Sold by
Henry Gregory P and Henry Julia M
Bought by
Walters Edward K and Walters Alexis S
Seller's Agent
Johanna Holcomb
Coldwell Banker Seaside Realty KH
Buyer's Agent
Kimberly Dunn
Default, Office
List Price
$204,950
Sold Price
$202,000
Premium/Discount to List
-$2,950
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.33%
Original Mortgage
$151,500
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2008
Sold by
Bell Wayne E and Bell Judith M
Bought by
Henry Gregory P and Henry Julia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
5.46%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Netaka-Akunuri Family Trust -- --
Netala Tagore C $259,000 None Available
Walters Edward K -- Attorney
Henry Gregory P $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Netala Tagore C $175,000
Previous Owner Walters Edward K $151,500
Previous Owner Henry Julia M $176,250
Previous Owner Henry Gregory P $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/21/2020 09/21/20 Sold $259,000 0.0% $285 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
08/04/2020 08/04/20 For Sale $259,000 0.0% $285 / Sq Ft
07/03/2020 07/03/20 Pending -- -- --
06/26/2020 06/26/20 For Sale $259,000 +28.2% $285 / Sq Ft
12/09/2015 12/09/15 Sold $202,000 -1.4% $222 / Sq Ft
10/20/2015 10/20/15 Pending -- -- --
10/16/2015 10/16/15 For Sale $204,950 -- $225 / 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 $1,558 $208,400 $97,400 $111,000
2023 $852 $212,840 $97,400 $115,440
2022 $852 $212,840 $97,400 $115,440
2021 $835 $208,400 $97,400 $111,000
2020 $800 $199,800 $97,400 $102,400
2019 $656 $139,500 $69,200 $70,300
2018 $656 $139,500 $69,200 $70,300
2017 $656 $139,500 $69,200 $70,300
2016 $600 $139,500 $69,200 $70,300
2014 $972 $139,500 $69,200 $70,300
Source: Public Records

Agents Affiliated with this Home

  • Stacy Siers

    Seller's Agent in 2020

    Stacy Siers

    Howard Hanna Outer Banks Realt

    (252) 489-9451

    62 in this area

    165 Total Sales

    Section Image
  • Michael Siers

    Seller Co-Listing Agent in 2020

    Michael Siers

    Howard Hanna Outer Banks Realt

    (252) 489-3861

    80 in this area

    209 Total Sales

    Section Image
  • Debbie Knieper

    Buyer's Agent in 2020

    Debbie Knieper

    Coldwell Banker Seaside Realty KH

    (252) 202-9013

    25 in this area

    127 Total Sales

    Section Image
  • Johanna Holcomb

    Seller's Agent in 2015

    Johanna Holcomb

    Coldwell Banker Seaside Realty KH

    (252) 489-9417

    1 in this area

    29 Total Sales

    Section Image

  • K

    Buyer's Agent in 2015

    Kimberly Dunn

    Default, Office

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109868

Outer Banks Association of REALTORS®

APN: 006272000

North Carolina Dare County Nags Head 27959

4725 S Cobia Way, Nags Head, NC

This home is located at 4725 S Cobia Way, Nags Head, NC 27959 since 26 June 2020 and is currently estimated at $459,000, approximately $504 per square foot. This property was built in 1975. 4725 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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