$430,000
SOLD NOV 8, 2013

5507 S Virginia Dare Trail Unit 203B Nags Head, NC 27959

3 Beds
2.5 Baths
1,724 Sq Ft
$350/mo HOA Fee

Recently Sold

$249 Per Sq Ft

2 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Furnished
  • Community Beach Access
  • In Ground Pool
  • Covered Deck

About This Home

As of January 2024

This home is located at 5507 S Virginia Dare Trail Unit 203B, Nags Head, NC 27959 and is currently priced at $430,000, approximately $249 per square foot. This property was built in 1989. 5507 S Virginia Dare Trail Unit 203B is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Last Agent to Sell the Property

Glenn Jungen

Twiddy and Company - Corolla License #224940 Listed on: 10/08/2013

Co-Listed By

Jane J

Twiddy and Company - Corolla License #230815

Last Buyer's Agent

Gray Berryman

Carolina Designs Realty License #214315

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,377

Year Built

  • Built in 1989

Lot Details

  • Beach Front
  • Landscaped

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Piling Construction

Interior Spaces

  • 1,724 Sq Ft Home
  • Furnished
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Parking Lot
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, grounds maintenance, pool
  • Heron Cove Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,377

Year Built

Built in 1989

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Oceanfront Nags Head, just south of Nags Head Town Hall on Beach Road North Building, Middle Floor
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Landscaped, Outside Lighting
  • Headline: OCEANFRONT! GREAT PRICE!
  • Heated Sq Ft: 1724
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0266
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Kitchen: Updated
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection
  • Living Room: Open
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Sun Deck Size: OceanViews
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Grounds Maintenance, Pool
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 4200

Lot Info

  • Lot Description: Beach Frontage, Level
  • Deed Book: 1436

Rental Info

  • Est Annual Rental Income: 36000
  • Estimated Rental Performance: 0.0837
  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Number: H203N
  • Rental Phone Number: 252-480-2224
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1989

Tax Info

  • Year: 2013
  • Taxes: 4377.24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2023
Closed on
Jan 2, 2024
Sold by
Brmk Investments Llc
Bought by
Little Mason Hepburn and Little Tamara Walker
Seller's Agent
Gray Berryman
Carolina Designs Realty
Buyer's Agent
Jackie Ricks-Sample
Sun Realty - KDH
List Price
$895,000
Sold Price
$839,900
Premium/Discount to List
-$55,100
-6.16%
Views
163
Current Estimated Value
$782,541

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$57,359
Avg. Annual Appreciation
-4.81%

Purchase Details

Closed on
Dec 27, 2022
Sold by
Robertson Bryan G and Kirkpatrick Michael D
Bought by
Brmk Investments Llc and Robertson

Purchase Details

Closed on
Dec 3, 2020
Sold by
Brmk Investments Llc
Bought by
Robertson Bryan G and Kirkpatrick Michael D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,300
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2014
Sold by
Robertson Bryan G and Kirkpatrick Michael D
Bought by
Brmk Investments Llc

Purchase Details

Listed on
Oct 8, 2013
Closed on
Oct 23, 2013
Sold by
Elins Charlene Amanda
Bought by
Robertson Bryan G and Kirkpatrick Michael D
Seller's Agent
Glenn Jungen
Twiddy and Company - Corolla
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$429,900
Sold Price
$430,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$344,000
Interest Rate
4.33%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Warranty Deed $840,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Deed -- None Available
Warranty Deed -- None Available
Warranty Deed $430,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $211,300 New Conventional
Previous Owner $344,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/12/2024 01/12/24 Sold $839,900 -6.2% $487 / Sq Ft
11/21/2023 11/21/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $895,000 +108.1% $519 / Sq Ft
11/08/2013 11/08/13 Sold $430,000 0.0% $249 / Sq Ft
10/10/2013 10/10/13 Pending -- -- --
10/08/2013 10/08/13 For Sale $429,900 -- $249 / 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 $2,425 $493,600 $180,000 $313,600
2023 $2,419 $506,144 $180,000 $326,144
2022 $2,027 $506,144 $180,000 $326,144
2021 $2,032 $506,144 $180,000 $326,144
2020 $2,027 $506,144 $180,000 $326,144
2019 $2,244 $468,900 $300,000 $168,900
2018 $2,301 $468,900 $300,000 $168,900
2017 $2,244 $468,900 $300,000 $168,900
2016 $2,053 $468,900 $300,000 $168,900
2014 $2,372 $468,900 $300,000 $168,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80882

Outer Banks Association of REALTORS®

APN: 030587000