NOT LISTED FOR SALE

5110 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $2,085,000 - $2,404,000

8 Beds
9 Baths
4,800 Sq Ft
$455/Sq Ft Est. Value

Last Sold October 08, 2018

Last sale price $1,200,000 $250 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $11,901/month

81 Days on Market

Highlights

  • Community Beach Access
  • Home Theater
  • Second Refrigerator
  • Ocean Front
  • Heated In Ground Pool
  • Clubhouse

About This Home

As of October 2018

One of the premiere properties in Nags Head is now available FOR SALE! This semi-oceanfront rental machine is now on the market and available to show on Sunday's during rental season. This beautiful custom home has a private pool, hot tub, shuffleboard court, tiki bar and plenty of covered and sun decks for your outside enjoyment. The inside amenities are OVER THE TOP as well with a game room, media room, poker room and so much more! This custom built home was professionally decorated and it shows from the moment you walk in downstairs. Are you ready for some fun? Start with the "true" media/theater room with comfy couches and a theater decor then move over to the "REAL" game room equipped with two arcade games, a pool table, a poker bar, and wet bar with full-size refrig and microwave. The lower level offers two of the bedrooms that share a bath - offering a nice family set up. Tastefully decorated bedrooms are comfortable in size although you will be enjoying the rest of the home most of your vacation. Take the elevator or stairs to the mid-level that house another four bedrooms all which are master suites, as well as a comfortable den that you can watch tv or curl up with a good book. Again, take the stairs or the elevator up to the top floor and experience two additional over-sized king master suites and the open kitchen, living and dining room with another POKER room for the boys! The kitchen is open and has TWO of almost everything... Refrigerators, dishwashers, ovens, coffee makers, blenders, toasters with granite counter tops and a glass mosaic back splash. The full height cabinets provide ample space for all the dishes that are needed to outfit such a regal home and the 16 man dining table that "fits" in the dining room! The living room overlooks the front of the home and has your ocean views off of the private covered deck. The living room is set around the gas fireplace, huge tv, and glass mosaic wall to match the kitchen back splash. The creme-de-la-creme for the BIG BOYS is the dedicated manly poker room which is set and stocked for pure fun and enjoyment. The home needs nothing but a new owner... Wouldn't you like to schedule a showing?

Last Agent to Sell the Property

Kim Endre

Twiddy and Co. - Duck License #220350 Listed on: 05/31/2018

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,814

Year Built

  • Built in 2012

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 73 x 160
  • Ocean Front
  • Fenced Yard
  • Level Lot

HOA Fees

  • $38 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,800 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Home Theater
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Tiki or Chickee Hut

Utilities

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

Listing and Financial Details

  • Tax Lot #8R

Community Details

Overview

  • Association fees include management
  • Vil Nh Elliott Estates Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,814

Year Built

Built in 2012

Lot Details

0

HOA Fees

$38 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From Hwy 158 go east on Epstein Drive. Take a left onto Virginia Dare Trail. Home is third on the left.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Fenced Yard, Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck, Tiki Bar, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Elliott Estates
  • Headline: SEMI-OCEANFRONT DREAM
  • Heated Sq Ft: 4800
  • L V T Date: 05/31/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0167
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Village at Nags Head
  • Newpoint Media: Yes
  • Office License Number: C5591
  • 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, Refrigerator w/Ice Maker, Wall Oven, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Breakfast Nook, Game Room, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 73
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management
  • Association Amenities: Clubhouse, Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 450

Lot Info

  • Estimated Lot Sq Ft: 11680
  • Lot Description: Level
  • Lot Faces: E
  • Lot Size: 73 x 160
  • Lot Number: Lot #8R
  • Estimated Lot Size: 0.27
  • Deed Book: 2011

Rental Info

  • Est Annual Rental Income: 139589
  • Estimated Rental Performance: 0.1163
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Elliott Estates 8
  • Rental Cottage Number: EE08
  • Rental Phone Number: 252.480.2224
  • Rental Turnover Day: Sunday
  • Rental Contact Email: laurapayne@villagerealtyobx.com
  • Rental Contact Name: Laura Payne
  • Rental Contact Phone: (252) 480-2224

Building Info

  • Year Built: 2012

Tax Info

  • Year: 2017
  • Taxes: 7813.97

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
Oct 3, 2018
Sold by
Alexander Bradford D and Alexander Sharon O
Bought by
Ellis Gerald F and Ellis Carole B
Seller's Agent
Kim Endre
Twiddy and Co. - Duck
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$1,350,000
Sold Price
$1,200,000
Premium/Discount to List
-$150,000
-11.11%
Current Estimated Value
$2,185,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$985,163
Avg. Annual Appreciation
8.89%

Purchase Details

Closed on
Dec 16, 2011
Sold by
Cudworth Robin L and Bowman George Herbert
Bought by
Alexander Bradford D and Alexander Sharon O
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
Ellis Gerald F $2,400 --
Alexander Bradford D $350,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2018 10/08/18 Sold $1,200,000 -11.1% $250 / Sq Ft
08/20/2018 08/20/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $1,350,000 -- $281 / 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 $4,839 $1,795,500 $650,000 $1,145,500
2024 $5,289 $1,282,600 $330,000 $952,600
2023 $5,289 $1,320,704 $330,000 $990,704
2022 $5,289 $1,320,704 $330,000 $990,704
2021 $5,289 $1,320,704 $330,000 $990,704
2020 $5,289 $1,320,704 $330,000 $990,704
2019 $4,804 $985,800 $261,300 $724,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 100719

Outer Banks Association of REALTORS®

APN: 027839068