NOT LISTED FOR SALE

5003 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,720,038 - $2,415,000

6 Beds
4.5 Baths
2,919 Sq Ft
$723/Sq Ft Est. Value

Last Sold March 28, 2013

Last sale price $915,000 $313 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $11,774/month

32 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Spa
  • Community Beach Access
  • Golf Course Community
  • 32,725 Sq Ft lot

About This Home

As of March 2013

Was the oceanfront model home for The Village at Nags Head. Private pool, hot tub. Southern charm and comfort abound in this great Outer Banks vacation home right on the ocean with lots of decking. Three levels of beautifully decorated living areas give plenty of room for the entire family. Serious cooks will enjoy the gourmet kitchen with hardwood floors, commercial subzero refrigerator/freezer, dual Jennair ovens, two sinks and two dishwashers. The rooms have been painted with vibrant, pleasing colors throughout. Soak up the sun poolside or on the wrap-around oceanfront decks while enjoying the unobstructed, panoramic ocean views. Access the beach on the private boardwalk with a large dunetop deck. This home, located in Duneridge Estates is close to restaurants, fishing and golf. Beautiful landscaping with large driveway and plenty of room for parking. Extra wide oceanfront lot with beautiful beachfront and spectacular views.

Last Agent to Sell the Property

Linda Harper

Howard Hanna Outer Banks Realt License #53439 Listed on: 12/06/2012

Howard Hanna Outer Banks Realt

Last Buyer's Agent

Cheryl White

Century 21 Nachman Realty License #198203

Century 21 Nachman Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,913

Year Built

  • Built in 1990

Lot Details

  • 0.75 Acre Lot
  • Beach Front
  • 77 Feet of Waterfront
  • Landscaped

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Coastal Architecture
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,919 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Heated Pool
  • Outdoor Pool

Outdoor Features

  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 1

Community Details

Overview

  • Association fees include management
  • Courtney Fowler Association
  • Built by Ammons Dare Corp
  • Vil Nh Duneridge Estates Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

  • Community Beach Access
  • Golf Course Community
  • Tennis Courts
  • Community Pool
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,913

Year Built

Built in 1990

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Turn east from ByPass at PNC ont Mall Dr. then left on Va Dare Tr
  • Extras: Ceiling Fan(s), Hot Tub, Landscaped, Sun Deck
  • Flood Zone: AE, VE
  • Headline: OCEANFRONT IN VILL AT NH
  • Heated Sq Ft: 2919
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 246
  • Major Subdivision: Village at Nags Head
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Bedroom 1: private, On Level: 3
  • Bedroom 6: bunk room, On Level: Ground
  • Kitchen: remodel, On Level: 3
  • Countertops: Silestone
  • Floor Coverings: Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s)
  • Dining Room: combo, On Level: 3
  • Living Room: view, On Level: 3
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Ammons Dare Corp
  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool Type: Outdoor, Heated
  • Roof: Wood Shingles
  • Street Frontage: 77
  • Sun Deck Size: large
  • View: Ocean
  • Water Frontage: 77

Garage/Parking

  • Parking: Under

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Septic Fee: 493
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Boat Dock, Clubhouse, Golf Course, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 400
  • Hoa Contact: Courtney Fowler
  • HOA Contact: 441-8533
  • Home Owner Dwelling Insurance: 4937

Lot Info

  • Estimated Lot Sq Ft: 32725
  • Lot Description: Beach Frontage
  • Lot Faces: W
  • Lot Size: 77 x 425 +-
  • Lot Number: Lot 1
  • Deed Book: 1625

Rental Info

  • Est Annual Rental Income: 85000
  • Estimated Rental Performance: 0.0929
  • Flood Expenses: 687
  • Lease Terms: Weekly
  • Other Expenses: 1010400
  • Poolspa Expense: 2400
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Yankee Bell
  • Rental Cottage Number: 874
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 617
  • Annual Electric: 5197
  • Annual Telephone Expense: 383
  • Annual Water Expense: 1132

Building Info

  • Year Built: 1990

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 8913

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2013
Sold by
Pendleton Glenn B and Pendleton Sharon D
Bought by
Pendleton Beach Property Llc
Current Estimated Value
$2,109,260

Purchase Details

Listed on
Dec 6, 2012
Closed on
Mar 25, 2013
Sold by
Lazor Kevin R and Lazor Lisa A
Bought by
Pendleton Glenn B and Pendleton Sharon D
Seller's Agent
Linda Harper
Howard Hanna Outer Banks Realt
Buyer's Agent
Cheryl White
Century 21 Nachman Realty
List Price
$1,100,000
Sold Price
$915,000
Premium/Discount to List
-$185,000
-16.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.86%

Purchase Details

Closed on
Mar 10, 2005
Sold by
Blanchard Edward V
Bought by
Lasor Kavin R and Lasor Lina A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$767,500
Interest Rate
5.88%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Pendleton Beach Property Llc -- None Available
Pendleton Glenn B $915,000 None Available
Lasor Kavin R $1,580,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lasor Kavin R $767,500
Previous Owner Lasor Kavin R $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2013 03/28/13 Sold $915,000 -16.8% $313 / Sq Ft
01/07/2013 01/07/13 Pending -- -- --
12/06/2012 12/06/12 For Sale $1,100,000 -- $377 / 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 $7,757 $2,270,000 $1,585,500 $684,500
2024 $6,069 $1,201,600 $808,500 $393,100
2023 $6,069 $1,217,324 $808,500 $408,824
2022 $4,875 $1,217,324 $808,500 $408,824
2021 $4,882 $1,217,324 $808,500 $408,824
2020 $4,875 $1,217,324 $808,500 $408,824
2019 $4,747 $994,600 $686,300 $308,300
2018 $4,868 $994,600 $686,300 $308,300
2017 $4,821 $1,009,500 $686,300 $323,200
2016 $4,410 $1,009,500 $686,300 $323,200
2014 $4,410 $1,009,500 $686,300 $323,200
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2013

    Linda Harper

    Howard Hanna Outer Banks Realt

    2 in this area

    9 Total Sales

    Linda Harper
    Section Image
  • Cheryl White

    Buyer's Agent in 2013

    Cheryl White

    Century 21 Nachman Realty

    (252) 340-1979

    1 in this area

    30 Total Sales

    Cheryl White
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77098

Outer Banks Association of REALTORS®

APN: 000380018

North Carolina Dare County Nags Head 27959

5003 S Virginia Dare Trail, Nags Head, NC

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