NOT LISTED FOR SALE

4802 E Engagement Hill Loop Unit 2 Nags Head, NC 27959

Estimated Value: $897,984 - $1,205,000

5 Beds
4 Baths
2,628 Sq Ft
$409/Sq Ft Est. Value

Last Sold September 21, 2014

Last sale price $540,000 $205 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $6,288/month

222 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Solid Surface Countertops

About This Home

As of September 2014

Want to live by the sea? This is the house you will love. It exudes southern charm from the moment you step in the front door. The bedrooms are generous size with lots of closets, perfect for year round living or great family vacations. It has been meticulously maintained and improvements include: Trane SEER 15 HVAC, interior and exterior painting, all new appliances, remodeled kitchen, new front entrance door and staircase. See full improvements list. Sit on the back deck and enjoy the ocean views and breezes. A quick walk to the beach or the pool keeps you and your family in the middle of all the action. Raining? No problem! Dry Snap ceilings and gutters have been installed so you can sit on the mid level deck and stay dry even when it's raining. This home has always been used as a family vacation home. But, it can be easily be added to a rental program, see projection. Electrical and water connection on back deck, all ready for you to add your hot tub.

Last Agent to Sell the Property

Karen DelVacchio

Basnight Realty License #222123 Listed on: 12/27/2013

Last Buyer's Agent

Beth Dobney Garcia

Coldwell Banker Seaside Realty KH License #174853

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,458

Year Built

  • Built in 1997

Lot Details

  • 6,011

HOA Fees

  • $95 Monthly HOA Fees

Home Design

  • Wood Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • 2,628 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Entrance Foyer
  • Game Room
  • Ocean Views
  • Hurricane or Storm Shutters

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot lot 2

Community Details

Overview

  • Association fees include pool
  • Courtney Fowler Association, Phone Number (252) 480-2224
  • Vil Nh Seven Sisters Subdivision

Recreation

  • Boat Dock
  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,458

Year Built

Built in 1997

Lot Details

0

HOA Fees

$95 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: From Virginia Dare, Turn into East Engaement Hill Loop, 2nd house on the right.
  • Extras: Beach Access, Covered Decks, Outside Lighting, Outside Shower, Sun Deck
  • Headline: STEPS TO THE BEACH OR POOL!
  • Heated Sq Ft: 2628
  • Sale/Rent: For Sale
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: R
  • Deed Book Pg Number: 0183
  • Major Subdivision: Village at Nags Head
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Walk in Closet, Washer Connection
  • Optional Rooms: Foyer, Game Room

Exterior Features

  • Exterior: Cement Fiber Board, Hurricane Shutters
  • Roof: Wood Shingles
  • View: Ocean

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Pool
  • Association Amenities: Boat Ramp, Ocean Access, Outdoor-Comm. Pool, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1144
  • Hoa Contact: Courtney Fowler
  • HOA Contact: 252 480 2224

Lot Info

  • Lot Number: lot 2
  • Deed Book: 1780

Rental Info

  • Est Annual Rental Income: 37960
  • Estimated Rental Performance: 0.0703

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2013
  • Taxes: 3458.36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 27, 2013
Closed on
Sep 18, 2014
Sold by
Jernigan Milton D and Jernigan Tina M
Bought by
Wood David E and Wood Joann M
Seller's Agent
Karen DelVacchio
Basnight Realty
Buyer's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
List Price
$599,000
Sold Price
$540,000
Premium/Discount to List
-$59,000
-9.85%
Current Estimated Value
$1,117,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$577,561
Avg. Annual Appreciation
6.25%
Original Mortgage
$417,000
Outstanding Balance
$134,952
Interest Rate
4.15%
Mortgage Type
Unknown
Estimated Equity
$939,044

Purchase Details

Closed on
Sep 25, 2008
Sold by
Meade Barry E and Meade Tracy M
Bought by
Jernigan Ii Milton D and Jernigan Tina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wood David E -- Attorney
Jernigan Ii Milton D $625,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wood David E $417,000
Closed Wood David E $417,000
Previous Owner Jernigan Ii Milton D $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2014 09/21/14 Sold $540,000 -9.8% $205 / Sq Ft
08/06/2014 08/06/14 Pending -- -- --
12/27/2013 12/27/13 For Sale $599,000 -- $228 / 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
2025 $4,884 $976,400 $391,500 $584,900
2024 $4,144 $563,400 $270,000 $293,400
2023 $2,256 $563,400 $270,000 $293,400
2022 $2,256 $563,400 $270,000 $293,400
2021 $2,256 $563,400 $270,000 $293,400
2020 $2,256 $563,400 $270,000 $293,400
2019 $2,366 $503,400 $237,300 $266,100
2018 $2,366 $503,400 $237,300 $266,100
2017 $2,366 $503,400 $237,300 $266,100
2016 $2,165 $503,400 $237,300 $266,100
2014 $1,344 $503,400 $237,300 $266,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 81724

Outer Banks Association of REALTORS®

APN: 027839018