NOT LISTED FOR SALE

5102 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,498,508 - $1,863,000

8 Beds
8.5 Baths
3,997 Sq Ft
$415/Sq Ft Est. Value

Last Sold January 24, 2022

Last sale price $1,258,500 $315 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $9,631/month

49 Days on Market

Highlights

  • Community Beach Access
  • Home Theater
  • Coastal Architecture
  • Ocean Front
  • Concrete Pool
  • Wood Flooring

About This Home

As of January 2022

A magnificent well maintained eight-bedroom semi-ocean home in the Village at Nags Head's Elliott Estates. With a private pool & hot tub, and room for the whole family to relax in style, Blue Paradise offers the best for your beach vacation. Seven master bedrooms offer privacy and comfort for all, and bunks beds provide a place for all the kids to stay together. The rec room on the ground level features a pool table, plus TV with DVD player. A wet bar with full-sized fridge provides a convenient place for snacks and drinks when the family is relaxing by the pool. But what truly sets this home apart is the theater room with projection TV and comfortable seating. Heatpumps and airhandlers 2018 and 2021, exterior painted 2017/2020, wood floors refinished 2020, new carpet 2020, and new hottub 2020.

Last Agent to Sell the Property

Rick Drumm

Beach Realty & Construction License #141499 Listed on: 10/06/2021

Last Buyer's Agent

Edith Rowe

Brindley Beach Vacations & Sales-Duck License #188824

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,259

Year Built

  • Built in 2003

Lot Details

  • 9,500 Sq Ft Lot
  • Lot Dimensions are 60x160
  • Ocean Front
  • Level Lot

HOA Fees

  • $46 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,997 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Home Theater
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Marble Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot lot 11

Community Details

Overview

  • Association fees include management, walkways
  • Lauren Creech Association, Phone Number (252) 480-4715
  • Vil Nh Elliott Estates Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,259

Year Built

Built in 2003

Lot Details

0

HOA Fees

$46 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: MP15 on the beach road
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: X
  • Subdivision Name: Village at Nags Head Elliott Estates
  • Headline: Awesome Semi Oceanfront
  • Heated Sq Ft: 3997
  • L V T Date: 10/06/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: SFR
  • Deed Book Pg Number: 191
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Village at Nags Head
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 8
  • Countertops: Marble, Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Concrete, Private Pool
  • Roof: Wood Shingles
  • Street Frontage: 60

Utilities

  • Cooling: Heat Pump
  • Heating: Electric, Heat Pump
  • Fuel Tanks: Leased
  • Septic Fee: 876
  • Sewer/Septic System: Private Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Management, Walkways
  • Association Amenities: Ocean Access, Sound Access, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 550
  • Hoa Contact: Lauren Creech
  • HOA Contact: 252.480.4715
  • Home Owner Dwelling Insurance: 1226

Lot Info

  • Estimated Lot Sq Ft: 9500
  • Lot Description: Level
  • Lot Size: 60x160
  • Lot Number: lot 11
  • Estimated Lot Size: 0.22
  • Deed Book: 2299

Rental Info

  • Flood Expenses: 858
  • Rental Co: Village Realty
  • Rental Cottage Name: Blue Paradise
  • Rental Cottage Number: EE11
  • Rental Phone Number: 2524802224
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 3500
  • Rental Contact Email: villagerealtyreservations@villagerealtyobx.com
  • Rental Contact Name: Village Realty
  • Rental Contact Phone: 252-480-2224

Building Info

  • Year Built: 2003

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 6258.74

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 6, 2021
Closed on
Jan 19, 2022
Sold by
Oconnor and Francine
Bought by
Truong Uyen T and Pickens Jesse R
Seller's Agent
Rick Drumm
Beach Realty & Construction
Buyer's Agent
Edith Rowe
Brindley Beach Vacations & Sales-Duck
List Price
$1,399,000
Sold Price
$1,258,500
Premium/Discount to List
-$140,500
-10.04%
Current Estimated Value
$1,660,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$401,877
Avg. Annual Appreciation
8.00%
Original Mortgage
$1,006,800
Outstanding Balance
$931,677
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$728,700

Purchase Details

Closed on
Jan 14, 2010
Sold by
Aurora Loan Services Llc
Bought by
Oconnor Patrice and Belanger Francine

Purchase Details

Closed on
Oct 16, 2009
Sold by
Hussey Daniel K and Hussey Jodi R
Bought by
Aurora Loan Services Llc
Source: Public Records

Range of Values:

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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
Truong Uyen T $6,292,500 Casey & Robbins Pc
Oconnor Patrice $656,000 None Available
Aurora Loan Services Llc $999,227 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Truong Uyen T $1,006,800
Previous Owner Hussey Daniel K $944,000
Previous Owner Hussey Daniel K $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/24/2022 01/24/22 Sold $1,258,500 -5.0% $315 / Sq Ft
11/24/2021 11/24/21 Pending -- -- --
11/09/2021 11/09/21 Price Changed $1,325,000 -5.3% $331 / Sq Ft
10/06/2021 10/06/21 For Sale $1,399,000 -- $350 / 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 $7,291 $909,700 $313,500 $596,200
2023 $3,739 $933,548 $313,500 $620,048
2022 $3,739 $933,548 $313,500 $620,048
2021 $2,731 $933,548 $313,500 $620,048
2020 $3,739 $933,548 $313,500 $620,048
2019 $3,658 $753,100 $248,200 $504,900
2018 $3,658 $753,100 $248,200 $504,900
2017 $3,658 $753,100 $248,200 $504,900
2016 $3,347 $753,100 $248,200 $504,900
2014 $3,358 $753,100 $248,200 $504,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116366

Outer Banks Association of REALTORS®

APN: 027839071