NOT LISTED FOR SALE

5318 W Captains Way Nags Head, NC 27959

Estimated Value: $877,725 - $1,068,000

5 Beds
4.5 Baths
2,865 Sq Ft
$336/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $521,000 $182 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $5,545/month

185 Days on Market

Highlights

  • Community Beach Access
  • Golf Course Community
  • Coastal Architecture
  • Views of a Sound
  • Clubhouse
  • Cathedral Ceiling

About This Home

As of May 2018

Sited on one of the widest lots in Captain's Watch, this gorgeous home delights and surprises from the first glimpse of the stunning wrap-around front porch to the sound views on the top level. With five bedrooms, two of which are master suites, four bathrooms, a separate mid-level media area and a gracious sized open-concept great room, this home is a beach house dream come true. Cathedral ceilings, spacious rooms, plenty of windows, and tasteful decor combine with quality construction and pristine condition to offer a turn-key property. Glimpse the ocean from the kitchen window and you'll be rushing to unpack your swim suit, grab the family and head to the beach. The Village at Nags Head offers by separate membership fee an 18 hole golf course and beach club with swiming pool and tennis courts. The master association fee covers private ocean access parking with bathhouse, two private sound front parks with docks and places to launch your paddle board or kayak. Captain's Watch community fee covers front and side lawn maintenance and private street maintenance.

Last Agent to Sell the Property

Dru Ferrence

Basnight Realty License #174208 Listed on: 10/11/2017

Last Buyer's Agent

Marcia Parrott

Village Realty Holdings, LLC - NH License #112016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,828

Year Built

  • Built in 2002

Lot Details

  • 8,500 Sq Ft Lot
  • Property fronts a private road
  • Landscaped
  • Level Lot
  • Sprinkler System

HOA Fees

  • $93 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Wood Shingle Roof
  • Cement Board or Planked

Interior Spaces

  • 2,865 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Entrance Foyer
  • Library
  • Utility Room
  • Views of a Sound
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Patio

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private Sewer

Listing and Financial Details

  • Tax Lot lot 25

Community Details

Overview

  • Association fees include common electric, common insurance, grounds maintenance, management, road maintenance
  • Vil Nh Captain's Watch Subdivision

Amenities

  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,828

Year Built

Built in 2002

Lot Details

0

HOA Fees

$93 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Nags Head, Coastal
  • Directions: Turn into the Village at Nags Head on N Seachase. Captain's Watch is second left.
  • Extras: Ceiling Fan(s), Covered Decks, Garage Door Opener, Jet Tub, Landscaped, Lawn Sprinklers, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: X
  • Headline: SOUND VIEWS - GORGEOUS HOME
  • Heated Sq Ft: 2865
  • L V T Date: 10/11/2017
  • Roads: Paved, Private, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0030
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Village at Nags Head
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Walk in Closet, Washer Connection
  • Optional Rooms: Foyer, Library/Study, Pantry, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Roof: Wood Shingles
  • View: Sound

Garage/Parking

  • Garage: 2 Car, Attached
  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Septic Fee: 744
  • Sewer/Septic System: Private Sewer

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Grounds Maintenance, Management, Road Maintenance
  • Association Amenities: Clubhouse, Golf Course, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Sound Access
  • Association Fee: Yes
  • Estimated Annual Fee: 1110
  • Home Owner Dwelling Insurance: 700

Lot Info

  • Estimated Lot Sq Ft: 8500
  • Lot Description: Level
  • Lot Number: lot 25
  • Estimated Lot Size: 0.20
  • Deed Book: 2008

Rental Info

  • Annual Cable TV Expense: 300
  • Annual Electric: 1560
  • Annual Telephone Expense: 540
  • Annual Water Expense: 360

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2017
  • Taxes: 3828.1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2017
Closed on
May 18, 2018
Sold by
Grimes Connie M and Grimes John W
Bought by
Francis & Susan Komar Ft
Seller's Agent
Dru Ferrence
Basnight Realty
Buyer's Agent
Marcia Parrott
Village Realty Holdings, LLC - NH
List Price
$545,000
Sold Price
$521,000
Premium/Discount to List
-$24,000
-4.4%
Current Estimated Value
$961,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,431
Avg. Annual Appreciation
8.69%
Original Mortgage
$416,800
Outstanding Balance
$351,997
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$609,434

Purchase Details

Closed on
Mar 13, 2015
Sold by
Grimes John W and Grimes Connie M
Bought by
Grimes Connie M
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
Francis & Susan Komar Ft $521,000 --
Grimes Connie M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Francis & Susan Komar Ft $416,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2018 05/24/18 Sold $521,000 -4.4% $182 / Sq Ft
04/14/2018 04/14/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $545,000 +4.6% $190 / Sq Ft
03/12/2018 03/12/18 Off Market $521,000 -- --
10/11/2017 10/11/17 For Sale $545,000 -- $190 / 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 $4,252 $582,000 $170,100 $411,900
2023 $2,331 $582,000 $170,100 $411,900
2022 $2,331 $582,000 $170,100 $411,900
2021 $2,331 $582,000 $170,100 $411,900
2020 $2,331 $582,000 $170,100 $411,900
2019 $2,346 $499,100 $173,800 $325,300
2018 $2,346 $499,100 $173,800 $325,300
2017 $2,346 $499,100 $173,800 $325,300
2016 $2,146 $499,100 $173,800 $325,300
2014 $2,146 $499,100 $173,800 $325,300
Source: Public Records

Agents Affiliated with this Home

  • Dru Ferrence

    Seller's Agent in 2018

    Dru Ferrence

    Basnight Realty

    (252) 597-5560

    35 in this area

    86 Total Sales

    Dru Ferrence
    Section Image

  • M

    Buyer's Agent in 2018

    Marcia Parrott

    Village Realty Holdings, LLC - NH

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98092

Outer Banks Association of REALTORS®

APN: 024961404

North Carolina Dare County Nags Head 27959

5318 W Captains Way, Nags Head, NC

This home is located at 5318 W Captains Way, Nags Head, NC 27959 since 11 October 2017 and is currently estimated at $961,431, approximately $335 per square foot. This property was built in 2002. 5318 W Captains Way 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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Information is deemed reliable but not guaranteed.

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