NOT LISTED FOR SALE

5017 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $2,148,000 - $3,073,000

8 Beds
8.5 Baths
4,756 Sq Ft
$556/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $2,500,000 $526 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $15,106/month

120 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Heated In Ground Pool
  • Community Beach Access
  • Home Theater
  • Sauna

About This Home

As of December 2022

Perfect oceanfront location in the Village of Nags Head. Far enough away from any beach access this lot enjoys beach privacy while being close to shopping and restaurants. The gracious layout of this home provides large groups with lots of entertainment options as well as quiet spaces to relax. The top floor opens to several sitting areas, an updated kitchen complete with granite, stainless steel appliances, ice maker and wine cooler. Included on this level is a beautiful formal dining room, sun room, powder room and large master ensuite with sitting room. The mid floor level offers 5 bedrooms with private baths and a central sitting room with wet bar, FP and mini fridge. The lower level has two bedrooms and baths, game room, theater room, sauna, and wet bar with mini fridge. This home is well maintained and has kept rentals limited for sellers personal use. Close proximity to everything you could want including Fresh Market, Home Goods, Food Lion, Nags Head Golf Links to name a few.

Last Agent to Sell the Property

Kelly Dean

Landmark Sotheby's International Realty License #273801 Listed on: 07/26/2022

Landmark Sotheby's International Realty

Last Buyer's Agent

Chelsea Jordan

Coldwell Banker Seaside Realty KH License #286496

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,683

Year Built

  • Built in 1997

Lot Details

  • Beach Front

HOA Fees

  • $46 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 4,756 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Sun or Florida Room
  • Sauna
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Wine Cooler
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #6

Community Details

Overview

  • Association fees include common insurance, walkways
  • Village Realty Caroline Decker Association, Phone Number (252) 480-2224
  • Vil Nh Duneridge Estates Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,683

Year Built

Built in 1997

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Sauna, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Headline: Village NH Beauty, X Flood
  • Heated Sq Ft: 4756
  • L V T Date: 07/26/2022
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0214
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Village at Nags Head
  • Newpoint Media: Yes
  • Office License Number: C24769
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Ice Machine, Microwave, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 8
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Sun/Florida Room, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Wood Shingles
  • View: Ocean

Garage/Parking

  • Garage: 1 Car
  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Walkways
  • Association Amenities: Ocean Access, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 550
  • Hoa Contact: Village Realty Caroline Decker
  • HOA Contact: 252-480-2224

Lot Info

  • Lot Description: Beach Frontage
  • Lot Number: Lot#6
  • Deed Book: 1858

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Kokomo
  • Rental Cottage Number: DE 06
  • Rental Turnover Day: Sunday
  • Rental Contact Email: amandahowell@villagerealtyobx.com
  • Rental Contact Name: Village Realty Holdings, LLC
  • Rental Contact Phone: 252-480-4729

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2021
  • Taxes: 13682.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 26, 2022
Closed on
Dec 21, 2022
Sold by
Pickering Marguerite L and Pickering Craig N
Bought by
Coastal Blue Dare Iv Llc
Seller's Agent
Kelly Dean
Landmark Sotheby's International Realty
Buyer's Agent
Chelsea Jordan
Coldwell Banker Seaside Realty KH
List Price
$2,900,000
Sold Price
$2,500,000
Premium/Discount to List
-$400,000
-13.79%
Views
130
Current Estimated Value
$2,642,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,702
Avg. Annual Appreciation
2.08%

Purchase Details

Closed on
Apr 3, 2006
Sold by
Pickering Marguerite L and Pickering Craig N
Bought by
Pickering Marguerite L and Pickering Craig N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2006
Sold by
Harrison Alan R and Harrison Donald M
Bought by
Pickering Marguerite L and Pickering Craig N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
6.25%
Mortgage Type
New Conventional
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
Coastal Blue Dare Iv Llc $15,000,000 --
Coastal Blue Dare Iv Llc $2,500,000 None Listed On Document
Pickering Marguerite L -- None Available
Pickering Marguerite L $950,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pickering Craig N $417,000
Previous Owner Pickering Marguerite L $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $2,500,000 -7.4% $526 / Sq Ft
11/23/2022 11/23/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $2,700,000 -6.9% $568 / Sq Ft
07/26/2022 07/26/22 For Sale $2,900,000 -- $610 / 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 $8,264 $1,604,100 $789,300 $814,800
2023 $6,555 $1,636,692 $789,300 $847,392
2022 $6,555 $1,636,692 $789,300 $847,392
2021 $6,555 $1,636,692 $789,300 $847,392
2020 $6,555 $1,636,692 $789,300 $847,392
2019 $7,141 $1,480,200 $698,300 $781,900
2018 $7,141 $1,480,200 $698,300 $781,900
2017 $7,159 $1,480,200 $698,300 $781,900
2016 $6,533 $1,480,200 $698,300 $781,900
2014 $14,119 $1,480,200 $698,300 $781,900
Source: Public Records

Agents Affiliated with this Home

  • Kelly Dean

    Seller's Agent in 2022

    Kelly Dean

    Landmark Sotheby's International Realty

    (252) 207-3655

    13 in this area

    50 Total Sales

    Kelly Dean
    Section Image
  • Chelsea Jordan

    Buyer's Agent in 2022

    Chelsea Jordan

    Coldwell Banker Seaside Realty KH

    (252) 207-6659

    9 in this area

    58 Total Sales

    Chelsea Jordan
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119836

Outer Banks Association of REALTORS®

APN: 000380023

North Carolina Dare County Nags Head 27959

5017 S Virginia Dare Trail, Nags Head, NC

This home is located at 5017 S Virginia Dare Trail, Nags Head, NC 27959 since 26 July 2022 and is currently estimated at $2,642,702, approximately $555 per square foot. This property was built in 1997. 5017 S Virginia Dare Trail is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

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