NOT LISTED FOR SALE

5302 S Virginia Dare Trail Unit 1 Nags Head, NC 27959

Estimated Value: $1,567,907 - $1,871,000

8 Beds
6.5 Baths
4,131 Sq Ft
$413/Sq Ft Est. Value

Last Sold November 22, 2013

Last sale price $891,500 $216 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $9,343/month

258 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • A-Frame Home
  • Beach Access
  • Heated In Ground Pool
  • Wood Flooring

About This Home

As of November 2013

Aqua-Palooza is a true retreat, enjoy the sunrise from the decks of this home, or take a walk on the beach. Conveniently located in the Village of Nags Head . This house has every thing you would need from the elevator to the Tiki Bar the owner thought of everything.

Last Agent to Sell the Property

Carolyn Bibeau

Carolyn Bibeau Real Estate Sales License #237886 Listed on: 02/04/2013

Last Buyer's Agent

Tim Lancsek

Surfside Realty License #210399

Surfside Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,870

Year Built

  • Built in 2004

Lot Details

  • 0.28 Acre Lot
  • Ocean Front
  • Landscaped
  • Corner Lot
  • Level Lot
  • Sprinkler System

HOA Fees

  • $41 Monthly HOA Fees

Home Design

  • A-Frame Home
  • Slab Foundation
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 4,131 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Family Room
  • Living Room
  • Home Theater
  • Game Room
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom

Parking

  • Garage
  • Carport

Pool

  • Heated In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Sewer

Community Details

  • Association fees include grounds maintenance
  • Built by RM SAUNDERS
  • Vil Nh Atlantic Watch Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,870

Year Built

Built in 2004

Lot Details

0

HOA Fees

$41 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: A-Frame
  • Directions: Mile post 13.5 on the beach road.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Tiki Bar
  • Flood Zone: AE
  • Subdivision Name: Atlantic Watch
  • Headline: SEMI OCEANFRONT
  • Heated Sq Ft: 4131
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0065
  • Major Subdivision: Village at Nags Head
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 8
  • Bedroom 1: On Level: 3
  • Bedroom 2: 12X11, On Level: 2
  • Bedroom 3: 12X14, On Level: 2
  • Bedroom 4: 14X13, On Level: 2
  • Bedroom 5: On Level: 2
  • Bedroom 6: On Level: 1
  • Bedroom 7: On Level: 1
  • Bedroom 8: On Level: 2
  • Kitchen: 10X13, On Level: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile, Hardwood
  • Foundation: Piling, Slab
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Gas Fireplace, Wood Fireplace
  • Dining Room: 10X12, On Level: 3
  • Family Room: On Level: 1
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Game Room, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Homebuilder: RM SAUNDERS
  • Construction: Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Heated
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 2 Car, Carport
  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Heat Pump
  • Sewer/Septic System: Municipal Sewer

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance
  • Association Fee: Yes
  • Estimated Annual Fee: 490

Lot Info

  • Estimated Lot Sq Ft: 12000
  • Lot Description: Corner, Level
  • Deed Book: 1567

Rental Info

  • Est Annual Rental Income: 92818
  • Estimated Rental Performance: 0.1041
  • Lease Terms: Weekly
  • Other Expenses: 387200
  • Rental Co: Elan Vacations
  • Rental Cottage Name: Aqua-Palozza
  • Rental Phone Number: 2524918787
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Estimated

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2012
  • Taxes: 2869.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2021
Sold by
Braeburn Farm Enterprise Llc
Bought by
5302 S Virginia Dare Llc
Current Estimated Value
$1,705,727

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,200
Outstanding Balance
$852,815
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$852,912

Purchase Details

Closed on
Oct 25, 2021
Sold by
Braeburn Farm Enterprise Llc
Bought by
5302 S Virginia Dare Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$935,200
Outstanding Balance
$852,815
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$852,912

Purchase Details

Listed on
Feb 4, 2013
Closed on
Nov 19, 2013
Sold by
Durso Michael J and Durso Margarita J
Bought by
Braeburn Farm Enterprises Llc
Seller's Agent
Carolyn Bibeau
Carolyn Bibeau Real Estate Sales
Buyer's Agent
Tim Lancsek
Surfside Realty
List Price
$950,000
Sold Price
$891,500
Premium/Discount to List
-$58,500
-6.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.60%
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
5302 S Virginia Dare Llc $1,179,000 None Available
5302 S Virginia Dare Llc $5,895,000 Sharp Starkey
Braeburn Farm Enterprises Llc $891,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 5302 S Virginia Dare Llc $935,200
Closed 5302 S Virginia Dare Llc $935,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2013 11/22/13 Sold $891,500 -6.2% $216 / Sq Ft
10/20/2013 10/20/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $950,000 -- $230 / 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 $4,276 $1,589,800 $658,100 $931,700
2024 $7,362 $972,800 $334,100 $638,700
2023 $3,998 $998,348 $334,100 $664,248
2022 $3,998 $998,348 $334,100 $664,248
2021 $2,920 $998,348 $334,100 $664,248
2020 $6,566 $998,348 $334,100 $664,248
2019 $3,921 $807,100 $264,600 $542,500
2018 $3,934 $807,100 $264,600 $542,500
2017 $3,934 $807,100 $264,600 $542,500
2016 $3,587 $807,100 $264,600 $542,500
2014 $3,587 $807,100 $264,600 $542,500
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2013

    Carolyn Bibeau

    Carolyn Bibeau Real Estate Sales

    (252) 562-2485

    14 Total Sales

    Carolyn Bibeau
    Section Image
  • Tim Lancsek

    Buyer's Agent in 2013

    Tim Lancsek

    RE/MAX

    (252) 619-6089

    11 in this area

    127 Total Sales

    Tim Lancsek
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 77768

Outer Banks Association of REALTORS®

APN: 027839087

North Carolina Dare County Nags Head 27959

5302 S Virginia Dare Trail Unit 1, Nags Head, NC

This home is located at 5302 S Virginia Dare Trail Unit 1, Nags Head, NC 27959 since 04 February 2013 and is currently estimated at $1,705,727, approximately $412 per square foot. This property was built in 2004. 5302 S Virginia Dare Trail Unit 1 is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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