NOT LISTED FOR SALE

5515 S Virginia Dare Trail Unit A2 Nags Head, NC 27959

Estimated Value: $485,000 - $511,437

2 Beds
2 Baths
912 Sq Ft
$544/Sq Ft Est. Value

Last Sold December 03, 2018

Last sale price $280,000 $307 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $3,441/month

70 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Furnished
  • Community Beach Access
  • Outdoor Pool
  • Screened Porch

About This Home

As of December 2018

Have you been waiting for easy living on the ocean? Admiral's View Community offers a short walk to the beach access, a private community pool and the ease of low maintenance living! This desirable end unit offers two bedrooms and two baths on the first floor with beautiful views of the dunes off your private porch and a sweet little peak of the blue Atlantic. Community features an elevator for easy access and walking distance to numerous stores and restaurants! Make this deal while it lasts! Association dues cover cable, internet and phone, exterior maintenance of the building, decks, elevator, pool, parking lot, insurance (excluding contents) and beach deck.

Last Agent to Sell the Property

Sarah Spencer

Keller Williams - Outer Banks License #185795 Listed on: 09/03/2018

Keller Williams - Outer Banks

Last Buyer's Agent

Anna Hunt

Brindley Beach Vacations & Sal License #231616

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,176

Year Built

  • Built in 1980

Lot Details

  • Beach Front

HOA Fees

  • $593 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Wood Siding
  • Vinyl Construction Material

Interior Spaces

  • 912 Sq Ft Home
  • Furnished
  • Screened Porch
  • Ceramic Tile Flooring
  • Ocean Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Tuck Under Parking
  • Parking Lot

Outdoor Features

  • Outdoor Pool
  • Covered Deck

Utilities

  • Central Air
  • Heating Available
  • Municipal Utilities District for Water and Sewer

Community Details

Overview

  • Association fees include building maintenance, cable, common insurance, flood insurance, management, pool
  • Signature Touch, Cathy Regan Association, Phone Number (252) 441-8857
  • Admirals View Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,176

Year Built

Built in 1980

Lot Details

0

HOA Fees

$593 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Heading South on Virginia Dare Trail, Property is oceanside before Windjammer. Heading South on 158, Turn Left on W Seachase, Right on Beach Road (12), Left Into Admirals View
  • Extras: Covered Decks, Screened Porch, Outside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: Admirals View Condominium
  • Headline: Cozy Oceanside
  • Heated Sq Ft: 912
  • L V T Date: 09/03/2018
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 0631
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15442
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 2
  • Floor Coverings: Ceramic Tile
  • Full Bathrooms: 2
  • Furnishings Available: Yes

Exterior Features

  • Exterior: Vinyl, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Under

Utilities

  • Cooling: Central
  • Heating: Electric
  • Sewer/Septic System: Municipal Sewer
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Insurance, Flood Insurance, Management, Pool
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 7120
  • Hoa Contact: Signature Touch, Cathy Regan
  • HOA Contact: 252-441-8857
  • Home Owner Dwelling Insurance: 351

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1030

Rental Info

  • Est Annual Rental Income: 16200
  • Estimated Rental Performance: 0.0579
  • Rental Co: Brindley Beach Vacations
  • Rental Cottage Name: Admirals View 1D
  • Rental Cottage Number: AV1D
  • Rental Phone Number: 877-642-3224
  • Rental Turnover Day: Sat
  • Annual Electric: 522
  • Annual Water Expense: 158
  • Rental Contact Email: cindyH@brindleybeach.com
  • Rental Contact Name: Cindy Hardin, Brindley Beach
  • Rental Contact Phone: 252-253-3010

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2018
  • Taxes: 1175.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2017
Sold by
Johnson Sharon F and Johnson Shawn W
Bought by
Gerber Vicki Lynn and Merchant Dale Stephen
Current Estimated Value
$496,359

Purchase Details

Closed on
Apr 15, 2010
Sold by
Wachovia Bank Na
Bought by
Johnson Sharon F and Johnson Shawn W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2009
Sold by
Khachab Diana L and Khachab Ali A
Bought by
Wachovia Bank Na
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gerber Vicki Lynn $300,000 None Available
Johnson Sharon F $185,000 None Available
Wachovia Bank Na $210,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Johnson Sharon F $148,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2018 12/03/18 Sold $280,000 -6.4% $307 / Sq Ft
11/12/2018 11/12/18 Pending -- -- --
09/03/2018 09/03/18 For Sale $299,000 -- $328 / 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
2025 $2,944 $486,900 $170,000 $316,900
2024 $3,113 $347,700 $180,000 $167,700
2023 $1,419 $354,408 $180,000 $174,408
2022 $1,419 $354,408 $180,000 $174,408
2021 $2,963 $354,408 $180,000 $174,408
2020 $1,419 $354,408 $180,000 $174,408
2019 $1,223 $255,600 $165,000 $90,600
2018 $1,223 $255,600 $165,000 $90,600
2017 $1,223 $255,600 $165,000 $90,600
2016 $1,119 $255,600 $165,000 $90,600
2014 $2,411 $255,600 $165,000 $90,600
Source: Public Records

Agents Affiliated with this Home

  • Sarah Spencer

    Seller's Agent in 2018

    Sarah Spencer

    Keller Williams - Outer Banks

    (252) 202-3357

    18 in this area

    319 Total Sales

    Sarah Spencer
    Section Image
  • Anna Hunt

    Buyer's Agent in 2018

    Anna Hunt

    Brindley Beach Vacations & Sal

    (252) 573-8934

    6 in this area

    74 Total Sales

    Anna Hunt
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 101871

Outer Banks Association of REALTORS®

APN: 012206000

North Carolina Dare County Nags Head 27959

5515 S Virginia Dare Trail Unit A2, Nags Head, NC

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.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes