NOT LISTED FOR SALE

5011 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $2,274,654 - $2,782,000

7 Beds
5.5 Baths
4,406 Sq Ft
$566/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $1,195,000 $271 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $14,441/month

399 Days on Market

Highlights

  • Beach Front
  • Outdoor Pool
  • 33,105 Sq Ft lot
  • Ocean View
  • Sauna
  • Second Refrigerator

About This Home

As of May 2017

Over $115,000 in rentals (owner gross) already booked for the 2017 season with a few more weeks to book. A welcoming and spaciously designed oceanfront property offering all the amenities you need for the perfect vacation home. Enjoy the private boardwalk to the beach with a dune top gazebo. The private heated pool, outdoor stereo, 2 outdoor showers, hot tub and Tiki bar with a refrigerator and sink provide great fun after a day on the beach. The fun continues into the game room with pool table, Foosball table, gaming table, sitting area, flat screen TV, and dry sauna. The mid level offers a large second living room with a cozy gas fireplace, wet bar with refrigerator and table area for games, puzzles, etc... A great space that accommodates the adjacent 4 bedrooms on this level. The top floor is a true great room with cathedral ceilings and expansive views of the ocean. Dining space, kitchen counter bar and a sun room just off the kitchen make the top floor a functional and comfortable floor plan. You will love the updated coastal decor throughout. New bedding, lamps, rugs, and decor add to appeal of this already great home. The master bedroom is a lovely retreat- king master suite with huge seating area, fireplace and grand master bath. Perfectly located in Nags Head- close to world class fishing, award winning golf, shopping and amazing restaurant options. This home has a premier location along with the appeal and amenities of The Village at Nags Head. A strong and consistent rental performer. A must see home.

Last Agent to Sell the Property

Amber Bodner Griffith

Keller Williams - Outer Banks License #222568 Listed on: 03/18/2016

Keller Williams - Outer Banks

Last Buyer's Agent

Connie Gray

Island Crest OBX Realty License #170963

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,688

Year Built

  • Built in 1997

Lot Details

  • 0.76 Acre Lot
  • Beach Front
  • Fenced Yard
  • Landscaped

HOA Fees

  • $38 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Wood Shingle Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 4,406 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Sauna
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Second Refrigerator
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Parking

  • Garage
  • Carport

Pool

  • Outdoor Pool
  • Spa
  • Heated Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot 4

Community Details

Overview

  • Vil Nh Duneridge Estates Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,688

Year Built

Built in 1997

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head, Coastal
  • Directions: On NC12 oceanfront between E Mall and E Epstein streets
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Jet Tub, Landscaped, Outside Shower, Sauna, Security System, Smoke Detector(s), Sun Deck, Tiki Bar
  • Subdivision Name: Duneridge Estates
  • Headline: Outstanding 2017 Booked
  • Heated Sq Ft: 4406
  • L V T Date: 03/19/2016
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0178
  • Major Subdivision: Village at Nags Head
  • Office License Number: C26996
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 7
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ice Maker Connection, Ensuite, Wet Bar
  • Optional Rooms: Breakfast Nook, Foyer, Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Heated, Private Pool
  • Roof: Wood Shingles
  • Street Frontage: 75
  • View: Ocean

Garage/Parking

  • Garage: 1 Car

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 450

Lot Info

  • Estimated Lot Sq Ft: 33105
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 4
  • Deed Book: 1862

Rental Info

  • Est Annual Rental Income: 130970
  • Estimated Rental Performance: 0.1096
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Olivia
  • Rental Cottage Number: 802
  • Rental Phone Number: 252-261-3934
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2016
  • Taxes: 10688

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $1,195,000 -20.3% $271 / Sq Ft
04/21/2017 04/21/17 Pending -- -- --
03/18/2016 03/18/16 For Sale $1,499,000 -- $340 / 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 $15,424 $2,505,400 $1,547,800 $957,600
2024 $12,904 $1,393,900 $789,300 $604,600
2023 $5,679 $1,418,084 $789,300 $628,784
2022 $5,679 $1,418,084 $789,300 $628,784
2021 $5,689 $1,418,084 $789,300 $628,784
2020 $5,679 $1,418,084 $789,300 $628,784
2019 $5,995 $1,247,500 $688,900 $558,600
2018 $6,008 $1,247,500 $688,900 $558,600
2017 $6,900 $1,430,900 $688,900 $742,000
2016 $6,312 $1,430,900 $688,900 $742,000
2014 $13,643 $1,430,900 $688,900 $742,000
Source: Public Records

Agents Affiliated with this Home

  • Amber Bodner Griffith

    Seller's Agent in 2017

    Amber Bodner Griffith

    Keller Williams - Outer Banks

    (252) 599-2716

    7 in this area

    79 Total Sales

    Amber Bodner Griffith
    Section Image
  • Connie Gray

    Buyer's Agent in 2017

    Connie Gray

    Island Crest OBX Realty

    (252) 202-8979

    1 in this area

    30 Total Sales

    Connie Gray
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91615

Outer Banks Association of REALTORS®

APN: 000380021

North Carolina Dare County Nags Head 27959

5011 S Virginia Dare Trail, Nags Head, NC

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