NOT LISTED FOR SALE

5311 S Chippers Ct Nags Head, NC 27959

Estimated Value: $828,000 - $898,000

5 Beds
4.5 Baths
2,875 Sq Ft
$298/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $470,000 $163 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,950/month

2 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Coastal Architecture
  • Golf Course Community
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of November 2020

Dreaming of living the Outer Banks Lifestyle? If you have been looking for a great home in the beautiful community of Villages at Nags Head, this is the one! This home is spacious, well maintained, has abundance of decks, a game room, 2 master bedrooms, bonus sitting area and even some sound views. The top level features an open concept living/dining area, a large kitchen and a beautiful sitting area right off the living room, a half bath and a master bedroom. Mid-level has the second master, 2 more bedrooms with a jack-and-jill bathroom. The bottom level offers a game room, the 5th bedroom and a laundry area. All bedrooms are spacious and have plenty of closet space. Four of the bedrooms have deck access. Did I mention breathtaking sunsets over Roanoke Sound? You can use it year-round, as a second home or a vacation rental home. Great location! The Outer Banks Mall, grocery stores and restaurants are just minutes away. The Village Beach Club (MP 14) features a large junior Olympic size pool, kiddie pool, snack bar and a bath house. Nags Head has 11 miles of oceanfront and the tallest dune in the eastern United States - Jockey's Ridge State Park. Come and experience for yourself what the Outer Banks has to offer.

Last Agent to Sell the Property

Anna Hunt

Brindley Beach Vacations & Sal License #231616 Listed on: 10/02/2020

Last Buyer's Agent

Richard Hess

Sun Realty - KDH License #130782

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,465

Year Built

  • Built in 2001

Lot Details

  • Property fronts a private road
  • Cul-De-Sac
  • Landscaped

HOA Fees

  • $113 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,875 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot #5

Community Details

Overview

  • Association fees include grounds maintenance, management, pool, walkways
  • Village Realty Association
  • Vil Nh Masters Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Beach Access
  • Golf Course Community
  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,465

Year Built

Built in 2001

Lot Details

0

HOA Fees

$113 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan, Coastal
  • Directions: West on Sea Chase Drive. Turn into Green Jacket Way - Right at stop sign onto Chippers Court - house is on right in Cul-de-Sac.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: X
  • Subdivision Name: Vil-NH Masters
  • Headline: GOLF COURSE COMMUNITY
  • Heated Sq Ft: 2875
  • L V T Date: 10/02/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Zoning: Res
  • Advertised Income 2020: 25428
  • Deed Book Pg Number: 0211
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Village at Nags Head
  • Newpoint Media: Yes
  • Office License Number: C14121
  • 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: 5
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Foyer, Sun/Florida Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool, Walkways
  • Association Amenities: Clubhouse, Golf Course, Ocean Access, Outdoor-Comm. Tennis, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1350
  • Hoa Contact: Village Realty
  • HOA Contact: Kelly 480-2224

Lot Info

  • Lot Description: Cul-de-sac
  • Lot Number: Lot #5
  • Deed Book: 1959

Rental Info

  • Lease Terms: Weekly
  • Other Insurance Expenses: 3867
  • Rental Co: Village Realty
  • Rental Cottage Number: MS-05
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: Sat
  • Annual Cable TV Expense: 1722
  • Annual Electric: 2400
  • Annual Water Expense: 894
  • Rental Contact Phone: 252-480-2224

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2020
  • Taxes: 3465

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2020
Closed on
Nov 23, 2020
Sold by
Morton Bruce A and Morton Barbara W
Bought by
Gorbett John R and Gorbett Donna E
Seller's Agent
Anna Hunt
Brindley Beach Vacations & Sal
Buyer's Agent
Richard Hess
Sun Realty - KDH
List Price
$459,900
Sold Price
$470,000
Premium/Discount to List
$10,100
2.2%
Current Estimated Value
$857,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$387,452
Avg. Annual Appreciation
13.17%
Original Mortgage
$423,000
Outstanding Balance
$376,410
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$481,042

Purchase Details

Closed on
Apr 4, 2014
Sold by
Morton Bruce A and Morton Barbara W
Bought by
The Morton Family Trust

Purchase Details

Closed on
Oct 7, 2009
Sold by
Wingardner William C and Wingardner Frances M
Bought by
Morton Bruce Alan and Morton Barbara W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.04%
Mortgage Type
New Conventional
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
Gorbett John R $470,000 None Available
The Morton Family Trust -- None Available
Morton Bruce Alan $450,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gorbett John R $423,000
Previous Owner Morton Bruce Alan $270,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $470,000 +2.2% $163 / Sq Ft
10/04/2020 10/04/20 Pending -- -- --
10/02/2020 10/02/20 For Sale $459,900 -- $160 / 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 $3,489 $464,500 $167,100 $297,400
2023 $1,908 $476,396 $167,100 $309,296
2022 $1,908 $476,396 $167,100 $309,296
2021 $1,913 $476,396 $167,100 $309,296
2020 $2,142 $534,948 $167,100 $367,848
2019 $2,150 $443,000 $153,600 $289,400
2018 $2,150 $443,000 $153,600 $289,400
2017 $2,150 $443,000 $153,600 $289,400
2016 $1,967 $443,000 $153,600 $289,400
2014 $3,189 $443,000 $153,600 $289,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111300

Outer Banks Association of REALTORS®

APN: 024961531