NOT LISTED FOR SALE

4912 E Engagement Hill Loop Nags Head, NC 27959

Estimated Value: $883,000 - $1,129,000

5 Beds
4.5 Baths
2,650 Sq Ft
$383/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $480,000 $181 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $5,796/month

311 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Covered Deck

About This Home

As of March 2016

This is a wonderful, well-cared for home in the Village at Nags Head. Located east of the by pass and only 6 houses from the beach with a public beach access directly across the Beach Road. Convenient to all the shops and restaurants Nags Head has to offer. The neighborhood features a community pool and the Village private oceanfront bath house is only 100 yards away. The owners have taken meticulous care of the house, and it shows. New carpet and flooring, new hot tub, HVAC units and more. Great value in an upscale community.

Last Agent to Sell the Property

Randy Nance

Coastal Carolina Vacations License #207311 Listed on: 04/10/2015

Last Buyer's Agent

Ernest Evans

Outer Banks Home Search License #236959

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,219

Year Built

  • Built in 2001

Lot Details

  • Landscaped

HOA Fees

  • $108 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Frame Construction
  • Wood Shingle Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,650 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot 16

Community Details

Overview

  • Association fees include grounds maintenance, management, pool
  • Vil Nh Seven Sisters Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,219

Year Built

Built in 2001

Lot Details

0

HOA Fees

$108 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From Beach Road turn west at south entrance of Engagement Hill Loop (across from OBX Hospital). House on left at corner.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Shower, Sun Deck
  • Heated Sq Ft: 2650
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 0339
  • Major Subdivision: Village at Nags Head
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Roof: Wood Shingles
  • View: Ocean, Sound

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Heat Pump, Zoned
  • Septic Fee: 134
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 1290
  • Home Owner Dwelling Insurance: 5400

Lot Info

  • Lot Number: Lot 16
  • Deed Book: 1636

Rental Info

  • Est Annual Rental Income: 29240
  • Estimated Rental Performance: 0.0609
  • Flood Expenses: 820
  • Maintenance Expenses: 1350
  • Poolspa Expense: 1450
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: Beach Nutz
  • Rental Cottage Number: 1241
  • Rental Phone Number: 441-7166
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2820
  • Annual Electric: 1860
  • Annual Water Expense: 375

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2015
  • Taxes: 3219

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2015
Closed on
Mar 9, 2016
Sold by
Hastings James M and Hastings Patricia D
Bought by
Garrett John W and Garrett Veronica L
Seller's Agent
Randy Nance
Coastal Carolina Vacations
Buyer's Agent
Ernest Evans
Outer Banks Home Search
List Price
$529,000
Sold Price
$480,000
Premium/Discount to List
-$49,000
-9.26%
Current Estimated Value
$972,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$492,824
Avg. Annual Appreciation
8.28%
Original Mortgage
$384,000
Outstanding Balance
$170,140
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$845,847

Purchase Details

Closed on
Jun 16, 2005
Sold by
Darnell Joseph A and Darnell Harriette M
Bought by
Hastings James M and Hastings Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
5.66%
Mortgage Type
New Conventional
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
Garrett John W $480,000 None Available
Hastings James M $620,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garrett John W $384,000
Previous Owner Hastings James M $355,000
Previous Owner Hastings James M $496,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2016 03/10/16 Sold $480,000 -9.3% $181 / Sq Ft
02/15/2016 02/15/16 Pending -- -- --
04/10/2015 04/10/15 For Sale $529,000 -- $200 / 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 $4,344 $575,400 $195,000 $380,400
2023 $4,344 $590,616 $195,000 $395,616
2022 $2,365 $590,616 $195,000 $395,616
2021 $4,104 $590,616 $195,000 $395,616
2020 $2,365 $590,616 $195,000 $395,616
2019 $2,171 $447,700 $165,000 $282,700
2018 $2,171 $447,700 $165,000 $282,700
2017 $2,171 $447,700 $165,000 $282,700
2016 $1,986 $447,700 $165,000 $282,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87595

Outer Banks Association of REALTORS®

APN: 027839032