$617,500
SOLD MAY 12, 2025

5401 S Virginia Dare Trail Unit 1 Nags Head, NC 27959

2 Beds
2.5 Baths
1,392 Sq Ft
1.46 Acres

Recently Sold

$444 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Subterranean Parking
  • Ocean View
  • Craftsman Architecture
  • Ceramic Tile Flooring

About This Home

As of May 2025

Stunning 2-bedroom semi-oceanfront condo in Nags Head. Beautifully remolded and decorated with an incredible Master Ensuite! Unwind on your private balcony, taking in the breathtaking ocean views, and enjoy convenient access to the beach via a short walkways and pool just steps from your front door! Lots of updates and upgrades make this unit a one of a kind! Updates include- new cedar shakes (using 316 stainless) windows, upper deck/membrane - 2015, installed owner storage room in carport- 2019, roofing-2021(hurricane rated), Master bathroom makeover- 2022, Washer/dryer-2022, refrigerator- 2022, complete lower deck replacement 5/2023 (including flitch plate and 316 stainless), HVAC-7/2024 New heat pump and air handler.

Last Agent to Sell the Property

Rick Drumm

Beach Realty & Construction Brokerage Email: rick@outerbanker.com License #141499 Listed on: 04/08/2025

Last Buyer's Agent

Greg Green

Village Realty Holdings, LLC - NH License #208451

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,313

Year Built

  • Built in 1985

Parking

  • Subterranean Parking

Home Design

  • Craftsman Architecture
  • Coastal Architecture
  • Property Attached
  • Frame Construction
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,392 Sq Ft Home
  • Ocean Views
  • Washer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Septic Tank

Additional Features

  • Outdoor Pool
  • Property fronts a private road

Community Details

Overview

  • Association fees include building maintenance, common insurance, ground maintenance, management, pool, road maintenance, walkways
  • Whisperng Sands Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,313

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Headline: Gorgeous Oceanfront Condo
  • Zoning: CR
  • Road Surface Type: Paved, Private
  • View Type:Pond View: Ocean
  • Attribution Contact: rick@outerbanker.com
  • Ownership: Owned More than 12 Months
  • MLS Status: (21) Sold - Sold CO OP by Member
  • Subdivision Name: Whisperng Sands
  • Architectural Style: Craftsman, Coastal
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Ceramic Tile

Exterior Features

  • Pool: Yes
  • Roof: Asphalt
  • Pool Features: Association, Outdoor Pool, Private
  • Waterfront Features: Semi-Oceanfront (2nd row)
  • Construction Type: Frame, Wood Siding
  • Foundation Details: Piling
  • Exterior: Shakes

Garage/Parking

  • Parking Features: Underground

Utilities

  • Heating: Electric, Heat Pump
  • Cooling: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Walkways
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk, Common Area

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2024
  • Tax Annual Amount: 3312.68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2025
Closed on
May 9, 2025
Sold by
Hengenius Robert F and Hengenius Darlene E
Bought by
Schoenleber Lisa M
Seller's Agent
Rick Drumm
Beach Realty & Construction
Buyer's Agent
Greg Green
Village Realty Holdings, LLC - NH
List Price
$625,000
Sold Price
$617,500
Premium/Discount to List
-$7,500
-1.2%
Total Days on Market
3
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-13.73%
Original Mortgage
$463,125
Outstanding Balance
$463,125
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$140,843
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $617,500 None Listed On Document
Warranty Deed $617,500 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $463,125 New Conventional
Closed $463,125 New Conventional
Previous Owner $95,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 Sold $617,500 -1.2% $444 / Sq Ft
04/24/2025 04/24/25 Off Market $625,000 -- --
04/11/2025 04/11/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $625,000 -- $449 / 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 $3,313 $369,100 $169,500 $199,600
2023 $1,510 $377,084 $169,500 $207,584
2022 $1,510 $377,084 $169,500 $207,584
2021 $1,510 $377,084 $169,500 $207,584
2020 $1,510 $377,084 $169,500 $207,584
2019 $1,641 $342,200 $205,000 $137,200
2018 $1,641 $342,200 $205,000 $137,200
2017 $1,641 $342,200 $205,000 $137,200
2016 $1,510 $344,100 $205,000 $139,100
2014 $1,510 $344,100 $205,000 $139,100
Source: Public Records

Agents Affiliated with this Home

  • Rick Drumm

    Seller's Agent in 2025

    Rick Drumm

    Beach Realty & Construction

    (252) 305-9999

    28 in this area

    91 Total Sales

    Rick Drumm
    Section Image
  • Greg Green

    Buyer's Agent in 2025

    Greg Green

    Village Realty Holdings, LLC - NH

    (252) 599-0699

    14 in this area

    45 Total Sales

    Greg Green
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 128886

Outer Banks Association of REALTORS®

APN: 012191001

North Carolina Dare County Nags Head 27959

5401 S Virginia Dare Trail Unit 1, Nags Head, NC

This home is located at 5401 S Virginia Dare Trail Unit 1, Nags Head, NC 27959 and is currently priced at $617,500, approximately $443 per square foot. This property was built in 1985. 5401 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.

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