NOT LISTED FOR SALE

5213 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $2,438,000 - $2,996,000

9 Beds
9 Baths
5,240 Sq Ft
$500/Sq Ft Est. Value

Last Sold September 18, 2021

Last sale price $1,837,500 $351 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $14,850/month

15 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Wood Flooring

About This Home

As of September 2021

Classic Nags Head style 9 bedroom ocean front home * The world famous Yankee Clipper can now be yours!! * Elevator! * Private and community pool! * Over $188,000 gross rent already on the books for 2021!! * Larger than most, this glorious beach home has many special spaces... both inside and out...for large family groups * Whether gathered together around the pool, great room, or game room...or with a book or quiet conversation in one of the smaller, more intimate places...like the top-floor sun room, the mid-level den, or any one of the private decks * So many opportunities for moments that create the most wonderful beach memories * Two grand en-suite bedrooms * Double outside shower * Multiple decks...choose shaded or sun * Sea Pointe pool and tennis/pickleball just steps away * Home built by Renaissance! *

Last Agent to Sell the Property

David Weybright

Coastal Outer Banks Realty License #185816 Listed on: 06/22/2021

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,983

Year Built

  • Built in 1999

Lot Details

  • Beach Front
  • Property is zoned SPD-C

HOA Fees

  • $396 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding

Interior Spaces

  • 5,240 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Game Room
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot 10

Community Details

Overview

  • Association fees include management, pool
  • Emily Lewis Village Realty Association, Phone Number (252) 480-4707
  • Built by Renaissance
  • Vil Nh Sea Pointe Subdivision

Recreation

  • Community Boardwalk
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,983

Year Built

Built in 1999

Lot Details

0

HOA Fees

$396 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head
  • Directions: Northern most oceanfront home in Sea Pointe Community in the Villages at Nags Head * Just north of Epstein Dr cross street * Variable rental schedule * Check broker notes for next available days *
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Elevator
  • Flood Zone: X
  • Subdivision Name: Sea Pointe
  • Headline: Grand Nags Head Oceanfront!!
  • Heated Sq Ft: 5240
  • L V T Date: 06/23/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: SPD-C
  • Advertised Income 2021: 198593
  • Deed Book Pg Number: 261
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Village at Nags Head
  • Newpoint Media: Yes
  • Office License Number: C24808
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 9
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Tile, Wood
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace
  • Optional Rooms: Foyer, Game Room, Sun/Florida Room
  • Partial Bathrooms: 3

Exterior Features

  • Homebuilder: Renaissance
  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private and Association
  • Pool Type: Outdoor, In Ground, Private Pool, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 4750
  • Hoa Contact: Emily Lewis - Village Realty
  • HOA Contact: 252-480-4707

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 10
  • Deed Book: 2459

Rental Info

  • Est Annual Rental Income: 198338
  • Estimated Rental Performance: 0.1079
  • Lease Terms: Variable
  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Name: Yankee Clipper
  • Rental Cottage Number: K 8013
  • Rental Turnover Day: variable
  • Rental Contact Email: bonnie.paone@keesouterbanks.com
  • Rental Contact Name: Bonnie Paone - KEES Vacations
  • Rental Contact Phone: 252-305-5984

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2020
  • Taxes: 12983

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Sep 17, 2021
Sold by
Blanchard Edward V and Blanchard Jr Edward Vermont
Bought by
Morris Brian K and Morris Diane M
Seller's Agent
David Weybright
Coastal Outer Banks Realty
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$1,875,000
Sold Price
$1,837,500
Premium/Discount to List
-$37,500
-2%
Current Estimated Value
$2,621,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$783,523
Avg. Annual Appreciation
9.03%
Original Mortgage
$1,147,100
Outstanding Balance
$1,042,218
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,578,805
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
Morris Brian K $1,837,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morris Brian K $1,147,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2021 09/18/21 Sold $1,837,500 -2.0% $351 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $1,875,000 -- $358 / 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 $8,496 $3,168,000 $1,566,600 $1,601,400
2024 $14,505 $1,571,800 $798,900 $772,900
2023 $6,419 $1,602,716 $798,900 $803,816
2022 $6,419 $1,602,716 $798,900 $803,816
2021 $6,419 $1,602,716 $798,900 $803,816
2020 $6,419 $1,602,716 $798,900 $803,816
2019 $6,992 $1,451,300 $726,200 $725,100
2018 $7,015 $1,452,700 $726,200 $726,500
2017 $7,015 $1,452,700 $726,200 $726,500
2016 $6,403 $1,452,700 $726,200 $726,500
2014 $13,872 $1,452,700 $726,200 $726,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114925

Outer Banks Association of REALTORS®

APN: 000380010