NOT LISTED FOR SALE

5014 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,445,282 - $1,870,000

6 Beds
5.5 Baths
3,966 Sq Ft
$435/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $835,000 $211 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $9,797/month

5 Days on Market

Highlights

  • Community Beach Access
  • Fiberglass Pool
  • Coastal Architecture
  • Ocean Front
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of October 2015

Gorgeous home in desirable location. This is a big home at 3,900 square feet. All the bedrooms are spacious. There is a huge game room on the ground floor complete with pool table, full bath, wet bar and a bunk bedroom. The heated pool is 14 X 30!!! In addition to the game room there is a middle floor sitting area. Plenty of room for the family to spread out. This home is not your average rental home. Quality Construction is evident in every aspect of this house. Tastefully decorated with an eye for durability, style and function. Rental income has increased every year since built and already has repeat renters. Oak flooring, ceramic tile, Quartz counter top and quality furniture. This is a home built to last.

Last Agent to Sell the Property

Jackie Freed

Outer Banks Realty Group License #201924 Listed on: 08/26/2015

Last Buyer's Agent

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,872

Year Built

  • Built in 2013

Lot Details

  • Ocean Front
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,966 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Utility Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 26

Community Details

Overview

  • Association fees include management
  • Courtney Fowler Association, Phone Number (252) 480-2224
  • Built by Blue Water Homes
  • Vil Nh Elliott Estates Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,872

Year Built

Built in 2013

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head, Coastal
  • Directions: Beach Road between Epstein and Mall Drive
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s)
  • Flood Zone: AE
  • Headline: Gorgeous Well Built Home!!!
  • Heated Sq Ft: 3966
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Residentia
  • Deed Book Pg Number: 0429
  • 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: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Pantry, Walk in Closet, Washer Connection, Wet Bar
  • Optional Rooms: Game Room, Pantry, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: Blue Water Homes
  • Construction: Frame, Wood
  • Exterior: Shakes, Wood, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Fiberglass, Heated, Private Pool
  • Roof: Wood Shingles
  • View: Ocean

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Septic Fee: 754
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Ocean Access, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 400
  • Hoa Contact: Courtney Fowler
  • HOA Contact: 2524802224
  • Home Owner Dwelling Insurance: 5192

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 26
  • Deed Book: 1888

Rental Info

  • Est Annual Rental Income: 79000
  • Estimated Rental Performance: 0.0946
  • Flood Expenses: 815
  • Lease Terms: Weekly
  • Poolspa Expense: 2715
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: Carolina Cottage
  • Rental Cottage Number: 071
  • Rental Phone Number: 261-4444
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 2916
  • Annual Telephone Expense: 1995
  • Annual Water Expense: 433

Building Info

  • Year Built: 2013

Tax Info

  • Year: 2015
  • Taxes: 4872.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2015
Closed on
Oct 16, 2015
Sold by
Bruce W Cameron W and Bruce Carmen C
Bought by
Carolina Cottage Llc
Seller's Agent
Jackie Freed
Outer Banks Realty Group
Buyer's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
List Price
$849,000
Sold Price
$835,000
Premium/Discount to List
-$14,000
-1.65%
Current Estimated Value
$1,724,321

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$889,321
Avg. Annual Appreciation
7.49%
Original Mortgage
$668,000
Outstanding Balance
$525,028
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$1,199,293

Purchase Details

Closed on
Feb 13, 2012
Sold by
Sunnyside Elevator Inc
Bought by
Bruce W Cameron W and Bruce Carmen C
Source: Public Records

Range of Values:

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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
Carolina Cottage Llc -- None Available
Bruce W Cameron W $215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carolina Cottage Llc $668,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2015 10/16/15 Sold $835,000 -1.6% $211 / Sq Ft
08/31/2015 08/31/15 Pending -- -- --
08/26/2015 08/26/15 For Sale $849,000 -- $214 / 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 $8,315 $1,576,200 $609,400 $966,800
2024 $7,084 $905,300 $309,400 $595,900
2023 $3,721 $929,136 $309,400 $619,736
2022 $3,721 $929,136 $309,400 $619,736
2021 $6,439 $929,136 $309,400 $619,736
2020 $3,721 $929,136 $309,400 $619,736
2019 $3,373 $694,000 $220,500 $473,500
2018 $3,373 $694,000 $220,500 $473,500
2017 $3,384 $694,000 $220,500 $473,500
2016 $3,086 $694,000 $220,500 $473,500
2014 $4,872 $694,000 $220,500 $473,500
Source: Public Records

Agents Affiliated with this Home

  • Jackie Freed

    Seller's Agent in 2015

    Jackie Freed

    Outer Banks Realty Group

    (252) 202-5596

    4 in this area

    10 Total Sales

    Jackie Freed
    Section Image
  • Daniel Fenyak

    Buyer's Agent in 2015

    Daniel Fenyak

    Outer Banks Blue Realty Srvcs.

    (252) 256-1818

    24 in this area

    106 Total Sales

    Daniel Fenyak
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89302

Outer Banks Association of REALTORS®

APN: 027839080

North Carolina Dare County Nags Head 27959

5014 S Virginia Dare Trail, Nags Head, NC

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