NOT LISTED FOR SALE

4927 S Passage Way Nags Head, NC 27959

Estimated Value: $1,495,000 - $1,939,000

7 Beds
9 Baths
3,578 Sq Ft
$475/Sq Ft Est. Value

Last Sold February 24, 2022

Last sale price $1,600,000 $447 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,638/month

106 Days on Market

Highlights

  • Community Beach Access
  • Home Theater
  • Contemporary Architecture
  • Ocean Front
  • Concrete Pool
  • Furnished

About This Home

As of February 2022

Don't miss out on this newest addition to Passage Way in the heart of Nags Head! Semi-oceanfront, situated on the 2nd row! Designed with an open contemporary floor plan where living and dining areas flow seamlessly. Featuring extensive quality touches and details. Sleek, luxury vinyl plank flooring, custom tile work, sophisticated hardware and soaring ceilings. Interiors and furnishings are finished in a light-hued palette of materials throughout 7 bedrooms, 7 full baths and 2 powder rooms. Two King Master Suites and main living area are set on the top floor to capture the finest views. Theater room and multi-purpose/game room provide cozy refuge on stormy days. Catch an extraordinary sunrise or cool breeze from the east and west facing decks.The open air, private heated swimming pool provides an additional setting for spending endless hours of joyous vacation. Experience less crowded beaches and many nearby dining options, attractions and recreation here. This new home offers a feeling of relaxed luxury! Don't sleep on this one!

Last Agent to Sell the Property

John Head

Resort Realty - Frisco License #187858 Listed on: 09/24/2021

Co-Listed By

Chrissy Brady

Brindley Beach Vacations & Sales-Duck License #322469

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 2021

Lot Details

  • 6,000 Sq Ft Lot
  • Ocean Front
  • Property is zoned SPD-C

HOA Fees

  • $46 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Wood Shingle Roof
  • Piling Construction

Interior Spaces

  • 3,578 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling Fan
  • Home Theater
  • Game Room
  • Ocean Views
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Pool

Utilities

  • Central Air
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot #2

Community Details

Overview

  • Association fees include common electric, management, road maintenance, sewer/septic, walkways
  • Ansley Miller Association
  • Vil Nh Moongate Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,958

Year Built

Built in 2021

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Extras: Ceiling Fan(s), Elevator
  • Subdivision Name: Village at Nags Head
  • Headline: New Construction w/Warranty
  • Heated Sq Ft: 3578
  • L V T Date: 09/24/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: SPD-C
  • Advertised Income 2022: 150460
  • Deed Book Pg Number: 146
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Village at Nags Head
  • Newpoint Media: Yes
  • Office License Number: C0418
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 7
  • Floor Coverings: Carpet, Vinyl, Plank
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Concrete, Private Pool
  • Roof: Wood Shingles
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

  • Cooling: Central
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Management, Road Maintenance, Sewer/Septic, Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 550
  • Hoa Contact: Ansley Miller
  • HOA Contact: ansleym@vrobx.com

Lot Info

  • Estimated Lot Sq Ft: 6000
  • Lot Number: Lot #2
  • Estimated Lot Size: 0.14
  • Deed Book: 1933

Rental Info

  • Est Annual Rental Income: 150000
  • Estimated Rental Performance: 0.0938
  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Contact Email: debbie.harrell@resortrealty.com
  • Rental Contact Name: Resort Realty - Debbie Harrell
  • Rental Contact Phone: 252-255-3563

Building Info

  • Year Built: 2021

Tax Info

  • Year: 2021
  • Taxes: 1958.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Feb 24, 2022
Sold by
Moongate Partners Llc
Bought by
Darby Jeffrey N and Darby Catherine J
Seller's Agent
John Head
Resort Realty - Frisco
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$1,675,000
Sold Price
$1,600,000
Premium/Discount to List
-$75,000
-4.48%
Current Estimated Value
$1,700,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,408
Avg. Annual Appreciation
2.18%
Original Mortgage
$945,000
Outstanding Balance
$880,837
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$847,671
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
Darby Jeffrey N $96,000,000 Sharp Graham Baker & Varnell L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darby Jeffrey N $945,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/24/2022 02/24/22 Sold $1,600,000 -4.5% $447 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
09/24/2021 09/24/21 For Sale $1,675,000 -- $468 / 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 $7,348 $968,900 $284,600 $684,300
2023 $3,990 $996,272 $284,600 $711,672
2022 $3,990 $996,272 $284,600 $711,672
2021 $832 $284,600 $284,600 $0
2020 $1,140 $284,600 $284,600 $0
2019 $1,059 $225,300 $225,300 $0
2018 $692 $225,300 $225,300 $0
2017 $1,059 $225,300 $225,300 $0
2016 $969 $225,300 $225,300 $0
2014 $1,570 $225,300 $225,300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116241

Outer Banks Association of REALTORS®

APN: 027839103