5311 W Captains Way Nags Head, NC 27959
The Village at Nags Head NeighborhoodEstimated Value: $843,199 - $975,000
6
Beds
3
Baths
2,569
Sq Ft
$346/Sq Ft
Est. Value
Highlights
- Community Beach Access
- In Ground Pool
- Craftsman Architecture
- Views of a Sound
- Home fronts a pond
- Furnished
About This Home
As of September 2020Well-maintained home in the Village of Nags Head - Captains Watch neighborhood. Views from the kitchen overlook the 12th hole of the Nags Head Golf Links course. Enjoy water views from all angles of this beach house. While sitting on the upper level deck you have views of the pond, pool, or the spacious Nags Head beaches. You may get a glimpse of the sound from the loft or shipswatch. Many thoughtful updates to benefit the new homeowner! 2020 - newly carpeted bedrooms, stairs and shipswatch/loft area. 2016 - Installed luxury vinyl plank flooring. New kitchen refrigerator and dishwasher. New front door. 2015 - New roof professionally installed by Gallop Roofing. 2010 - Installed new water heater. 2010/2009 - Installed new HVAC units. New hot tub was added to the second level deck. Kitchen and bathroom updates including new kitchen cabinets and updated countertops in the bathrooms. THIRD FLOOR - boasts wrap around sun porch overlooking the pound and pool with a direct view of the Nags Head beaches. The kitchen, dining and living room are on the top level along with a master bedroom suite. The top level has an added staircase to the loft. SECOND FLOOR - has a common laundry area with 4 bedrooms and 2 bathrooms. The bedrooms share jack and jill style on-suite bathrooms. Three of the bedrooms have deck access. GROUND FLOOR - has another bedroom/bunkroom. The game room has a flat screen TV, pool table and wet bar with access to the backyard and pool area. The Village at Nags Head provides amenities like: ocean side parking area and bathhouse, two sound access points with gazebo, boardwalk, dock and non-motorized boat storage for a small fee. The Beach Club with swimming pool, golf course and clubhouse available with an optional additional fee. See Village of Nags Head Fast Facts in Associated Documents.
Last Agent to Sell the Property
Preserve Realty Co License #291831 Listed on: 02/16/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,511
Year Built
- Built in 1994
Lot Details
- 6,000 Sq Ft Lot
- Home fronts a pond
- Landscaped
- Level Lot
HOA Fees
- $104 Monthly HOA Fees
Property Views
- Views of a Sound
- Pond
- Golf Course
Home Design
- Craftsman Architecture
- Coastal Architecture
- Cottage
- Frame Construction
- Wood Shingle Roof
- Wood Siding
- Lap Siding
- Piling Construction
Interior Spaces
- 2,569 Sq Ft Home
- Furnished
- Ceiling Fan
- Window Treatments
- Entrance Foyer
- Game Room
- Screened Porch
- Utility Room
- Fire and Smoke Detector
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- Carport
- Off-Street Parking
Pool
- In Ground Pool
- Outdoor Pool
- Spa
- Outdoor Shower
Outdoor Features
- Sun Deck
- Covered Deck
- Patio
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Community Sewer or Septic
Listing and Financial Details
- Tax Lot : 6
Community Details
Overview
- Association fees include common electric, common insurance, grounds maintenance, management, road maintenance
- Kelly Green Association
- Vil Nh Captain's Watch Subdivision
Amenities
- Common Area
Recreation
- Community Beach Access
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 22, 2025
Sold by
Murtaugh Patrick T and Murtaugh Miranda D
Bought by
Patrick And Murtaugh Revocable Living Trust and Murtaugh
Total Days on Market
136
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,183
Outstanding Balance
$656,633
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$239,454
Purchase Details
Closed on
Mar 20, 2025
Sold by
Rethemeyer Family Trust and Rethemeyer David G
Bought by
Murtaugh Patrick T and Murtaugh Miranda D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$657,183
Outstanding Balance
$656,633
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$239,454
Purchase Details
Listed on
Feb 16, 2020
Closed on
Aug 18, 2020
Sold by
Raymond Joseph B and Joseph R Raymond Revocable Tru
Bought by
Rethemeyer David G and Rethemeyer Carol A
Seller's Agent
Natalie Painter
Preserve Realty Co
Buyer's Agent
Randy Nance
Coastal Carolina Vacations
List Price
$539,000
Sold Price
$529,000
Premium/Discount to List
-$10,000
-1.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.71%
Original Mortgage
$476,100
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2008
Sold by
Albis Carl S
Bought by
Raymond Joseph R
Purchase Details
Closed on
Aug 4, 2005
Sold by
Albis Carl S and Albis Joyce A
Bought by
Albis Carl S and Carl S Albis Trust
Similar Homes in the area
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Patrick And Murtaugh Revocable Living Trust | -- | None Listed On Document | |
| Patrick And Murtaugh Revocable Living Trust | -- | None Listed On Document | |
| Murtaugh Patrick T | $876,500 | None Listed On Document | |
| Murtaugh Patrick T | $876,500 | None Listed On Document | |
| Murtaugh Patrick T | $876,500 | None Listed On Document | |
| Murtaugh Patrick T | $876,500 | None Listed On Document | |
| Rethemeyer David G | $529,000 | None Available | |
| Rethemeyer David G | $529,000 | None Available | |
| Raymond Joseph R | $600,000 | None Available | |
| Raymond Joseph R | $600,000 | None Available | |
| Albis Carl S | -- | None Available | |
| Albis Carl S | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Murtaugh Patrick T | $657,183 | |
| Closed | Murtaugh Patrick T | $657,183 | |
| Previous Owner | Rethemeyer David G | $476,100 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/01/2020 09/01/20 | Sold | $529,000 | -1.9% | $206 / Sq Ft |
| 07/01/2020 07/01/20 | Pending | -- | -- | -- |
| 06/15/2020 06/15/20 | For Sale | $539,000 | 0.0% | $210 / Sq Ft |
| 06/02/2020 06/02/20 | Pending | -- | -- | -- |
| 02/16/2020 02/16/20 | For Sale | $539,000 | -- | $210 / Sq Ft |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $3,929 | $537,800 | $170,400 | $367,400 |
| 2023 | $2,165 | $540,500 | $170,400 | $370,100 |
| 2022 | $2,165 | $540,500 | $170,400 | $370,100 |
| 2021 | $2,143 | $535,000 | $170,400 | $364,600 |
| 2020 | $2,201 | $549,584 | $170,400 | $379,184 |
| 2019 | $2,161 | $446,100 | $174,000 | $272,100 |
| 2018 | $1,411 | $446,100 | $174,000 | $272,100 |
| 2017 | $2,161 | $446,100 | $174,000 | $272,100 |
| 2016 | $1,977 | $446,100 | $174,000 | $272,100 |
| 2014 | $1,983 | $446,100 | $174,000 | $272,100 |
Source: Public Records
Agents Affiliated with this Home
-
Natalie Painter
Seller's Agent in 2020
Natalie Painter
Preserve Realty Co
(252) 256-9535
3 in this area
76 Total Sales
-
Randy Nance
Buyer's Agent in 2020
Randy Nance
Coastal Carolina Vacations
(252) 202-3374
7 in this area
55 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 108355
APN: 024961385
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