$780,000
SOLD DEC 13, 2013

4931 S Passage Way Nags Head, NC 27959

6 Beds
8 Baths
3,329 Sq Ft
6,011 Sq Ft Lot

Recently Sold

$234 Per Sq Ft

1 Day on Market

Highlights

  • Community Beach Access
  • Concrete Pool
  • Wood Flooring
  • Ocean Front
  • Second Refrigerator
  • Marble Countertops

About This Home

As of January 2021

Moongate is a brand new luxury oceanfront community in Village of Nags Head. This is a lot/home package for a new 6 bedroom home.

Last Agent to Sell the Property

Sumit Gupta

VR Real Estate Advisors, LLC License #212627 Listed on: 05/09/2013

Last Buyer's Agent

Dru Ferrence

Basnight Realty License #174208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $969

Year Built

  • Built in 2013

Lot Details

  • Ocean Front
  • Fenced Yard
  • Landscaped
  • Level Lot
  • Sprinkler System
  • Property is zoned single fam

HOA Fees

  • $133 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,329 Sq Ft Home
  • Elevator
  • Wet Bar
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Electric Fireplace
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Marble Countertops
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

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

Pool

  • Concrete Pool
  • Spa

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water

Additional Features

  • Handicap Accessible
  • Covered Deck

Listing and Financial Details

  • Tax Lot 2

Community Details

Overview

  • Built by SAGA
  • Vil Nh Moongate Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$969

Year Built

Built in 2013

Lot Details

0

HOA Fees

$133 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Handicap Friendly, Hot Tub, Landscaped, Lawn Sprinklers
  • Subdivision Name: Village of Nags Head, Moongate
  • Headline: New Construction in Moongate
  • Heated Sq Ft: 3329
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: single fam
  • Deed Book Pg Number: 0139
  • 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, 2nd Refrigerator
  • Bedrooms: 6
  • Countertops: Granite, Marble
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 6
  • Interior Amenities: 9' Ceilings, Dryer Connection, Gas Connection, Ensuite, Wet Bar, Electric Fireplace
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: SAGA
  • Construction: Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, Concrete, Custom
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

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

Utilities

  • Cooling: Central, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1600

Lot Info

  • Lot Description: Level
  • Lot Faces: E
  • Lot Number: Lot 2
  • Deed Book: 1938

Rental Info

  • Est Annual Rental Income: 70000
  • Estimated Rental Performance: 0.0897
  • Lease Terms: Weekly
  • Rental Co: ResortQuest Realty
  • Rental Cottage Name: C Dreams

Building Info

  • Year Built: 2013

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 969

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2020
Closed on
Jan 13, 2021
Sold by
Jkc Investment Properties Llc
Bought by
Sowards Sean and Sowards Andrea
Seller's Agent
Michael Siers
Howard Hanna Outer Banks Realt
Buyer's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
List Price
$949,000
Sold Price
$940,000
Premium/Discount to List
-$9,000
-0.95%
Current Estimated Value
$1,426,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$486,634
Avg. Annual Appreciation
9.44%
Original Mortgage
$752,000
Outstanding Balance
$674,229
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$761,002

Purchase Details

Closed on
May 2, 2014
Sold by
Costulis John A and Costulis Phyllis K
Bought by
Jkc Investment Properties Llc

Purchase Details

Closed on
Jun 19, 2013
Sold by
Moongate Partners Llc
Bought by
Costulis John A and Costulis Phyllis K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
3.42%
Mortgage Type
Construction
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 Type Sale Price Title Company
Warranty Deed $940,000 None Listed On Document
Warranty Deed $940,000 None Available
Warranty Deed -- None Available
Warranty Deed $250,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $752,000 New Conventional
Closed $752,000 New Conventional
Previous Owner $620,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2021 01/14/21 Sold $940,000 -0.9% $281 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
11/05/2020 11/05/20 For Sale $949,000 +21.7% $284 / Sq Ft
12/13/2013 12/13/13 Sold $780,000 0.0% $234 / Sq Ft
05/10/2013 05/10/13 Pending -- -- --
05/09/2013 05/09/13 For Sale $780,000 -- $234 / 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 $6,129 $810,200 $284,600 $525,600
2023 $3,329 $831,224 $284,600 $546,624
2022 $3,329 $831,224 $284,600 $546,624
2021 $5,760 $831,224 $284,600 $546,624
2020 $3,329 $831,224 $284,600 $546,624
2019 $3,499 $719,800 $225,300 $494,500
2018 $2,286 $719,800 $225,300 $494,500
2017 $3,499 $719,800 $225,300 $494,500
2016 $3,201 $719,800 $225,300 $494,500
2014 $1,988 $719,800 $225,300 $494,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 82952

Outer Banks Association of REALTORS®

APN: 027839105