NOT LISTED FOR SALE

4727 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,331,000 - $2,035,000

6 Beds
4.5 Baths
2,519 Sq Ft
$615/Sq Ft Est. Value

Last Sold July 24, 2020

Last sale price $947,000 $376 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,587/month

207 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Main Floor Bedroom
  • Ocean View
  • Wood Flooring
  • Hydromassage or Jetted Bathtub

About This Home

As of July 2020

Beautiful well cared for 6 bedroom oceanfront home with wonderful ocean views. hot tub, outdoor shower and a boardwalk to the beach will make the renters happy to return year after year. Granite kitchen counter tops and stainless appliances. Washer/dryer on mid level inside the house for easy access. Large flat screen tv's and everything in the house conveys making it a totally turn-key vacation rental investment. Features: New vinyl siding – no maintenance - 2018. New HVAC - 2017. Turnkey- ready to rent- well maintained and upgraded. Kitchen and bath remodel in 2016-17 stainless appliances . New hardwood floors 2016. All new bathrooms in 2016 - cast iron Kohler tubs. Silestone kitchen counter tops; solid wood cabinets; solid wood doors. Total interior paint - 2018 fall. New, Upgrade outdoor furniture. New living furniture in 2015. MP 13.8 next to Enterprise beach access- next to a lifeguard stand- kid safety!! Lots of shopping, restaurants, activities- central location to Duck, Hatteras, Manteo, Hospital (across street). NO engineered septic system so save $$$ each year no annual inspections! Normal gravity Septic system, Covered top level deck for shade. Big dunes for storm protection- lots of dune fence and vegetation! No Flooding! Lots of repeat guests - check out the over $100k in rental income All modern electronics in all bedrooms and living room. Flatscreens/ bluerays/surround sound. New mattresses being added 2020. New laminate flooring being added in February 2020 so it is a bit messy in the house now - but show it.

Last Agent to Sell the Property

Tim Moore

Joe Lamb, Realty License #208639 Listed on: 11/14/2019

Last Buyer's Agent

Tim Moore

Joe Lamb, Realty License #208639 Listed on: 11/14/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,409

Year Built

  • Built in 1997

Lot Details

  • Lot Dimensions are 50x 400
  • Beach Front
  • 50 Feet of Waterfront
  • Level Lot

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 2,519 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block lot PT7 / 8 / 3

Community Details

Overview

  • Nags Head Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,409

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: On the beach road just north of Enterprise Access at mile post 14 south of Dunn St
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: Nags Head Beach Plat A
  • Headline: Oceanfront - Pool - Nags Head
  • Heated Sq Ft: 2519
  • L V T Date: 11/14/2019
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0417
  • 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, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Silestone
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Gas Fireplace
  • Dining Room: On Level: 2
  • Family Room: On Level: 2
  • Game Room: On Level: Ground
  • Living Room: On Level: 2
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean
  • Water Frontage: 50

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: E
  • Lot Size: 50x 400
  • Lot Number: lot PT7 / 8
  • Deed Book: 1874

Rental Info

  • Flood Expenses: 3400
  • Lease Terms: Weekly
  • Other Insurance Expenses: 597
  • Poolspa Expense: 2650
  • Rental Co: Resort Realty
  • Rental Cottage Name: Crystal Gable
  • Rental Cottage Number: 5515
  • Rental Phone Number: 255-0373
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2405
  • Annual Electric: 2750
  • Annual Water Expense: 616
  • Rental Contact Name: Debbie Hartlove 255-3558 ext 2090

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2019
  • Taxes: 7409

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Jul 23, 2020
Sold by
Creekbaum William A and Hadwick Laura
Bought by
Lourenco Daniel and Lourenco Christina
Seller's Agent
Tim Moore
Joe Lamb, Realty
Buyer's Agent
Tim Moore
Joe Lamb, Realty
List Price
$999,000
Sold Price
$947,000
Premium/Discount to List
-$52,000
-5.21%
Current Estimated Value
$1,549,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$602,194
Avg. Annual Appreciation
10.66%
Original Mortgage
$12,050
Outstanding Balance
$10,752
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,589,980

Purchase Details

Closed on
Jul 15, 2011
Sold by
Creekbaum Carmen
Bought by
Creekbaum William A

Purchase Details

Closed on
Dec 9, 2008
Sold by
Campbell Jo Ann
Bought by
Creekbaum William A and Creekbaum Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
6.38%
Mortgage Type
Purchase Money Mortgage
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
Lourenco Daniel $947,000 None Available
Creekbaum William A -- None Available
Creekbaum William A $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lourenco Daniel $12,050
Previous Owner Creekbaum William A $680,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2020 07/24/20 Sold $947,000 -5.2% $376 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
04/08/2020 04/08/20 For Sale $999,000 0.0% $397 / Sq Ft
03/21/2020 03/21/20 For Sale $999,000 0.0% $397 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/12/2020 02/12/20 Pending -- -- --
02/02/2020 02/02/20 Price Changed $999,000 -2.0% $397 / Sq Ft
01/06/2020 01/06/20 Price Changed $1,019,000 -2.9% $405 / Sq Ft
11/14/2019 11/14/19 For Sale $1,049,000 -- $416 / 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 $4,867 $956,700 $729,000 $227,700
2023 $4,867 $965,808 $729,000 $236,808
2022 $3,868 $965,808 $729,000 $236,808
2021 $3,887 $970,488 $729,000 $241,488
2020 $4,350 $1,086,032 $729,000 $357,032
2019 $3,658 $765,500 $509,000 $256,500
2018 $3,658 $765,500 $509,000 $256,500
2017 $3,568 $747,200 $509,000 $238,200
2016 $3,264 $747,200 $509,000 $238,200
2014 $7,072 $747,200 $509,000 $238,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107313

Outer Banks Association of REALTORS®

APN: 008701000