NOT LISTED FOR SALE

5700 S Sandbar Dr Nags Head, NC 27959

Estimated Value: $755,993 - $818,000

4 Beds
3 Baths
1,800 Sq Ft
$434/Sq Ft Est. Value

Last Sold December 18, 2020

Last sale price $500,000 $278 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,645/month

5 Days on Market

Highlights

  • Ocean View
  • Wood Flooring
  • Cul-De-Sac
  • Coastal Architecture
  • Furnished
  • Outdoor Shower

About This Home

As of December 2020

5700 S Sandbar Dr, Nags Head-What an amazing location for this 4bd/3bth house for sale in Nags Head. It does not get much better than this home for sale in Nags head with ocean Views and direct beach access only 3 houses away. Located in the Village of Nags Head-Dolphin Run section this house is located on a cul-de-sac within steps to the beach, Village Beach Club (additional fee required) plus minutes to shops and restaurants. Located in an X-Flood zone so no flood insurance is required. On the first floor you will find an open floor plan with the living, dining, and kitchen. Also, on this floor is a full hall bath, bedroom, and laundry. The top floor has 3 bedrooms (one master with ocean view) and full hall bath. There is a hot tub under the carport to relax in after a long day at the beach. There are 3 decks to sit out on to enjoy the wonderful Outer Banks weather. The house is a favorite among renters for its great location and generates approx. $44,000 in gross rental income. If you are looking for a beach house on the Outer Banks do not pass this one up.

Last Agent to Sell the Property

Matt Huband

OBX Realty Group, LLC License #223529 Listed on: 10/14/2020

Last Buyer's Agent

Michael Ross

Southern Shores Realty License #105889

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,810

Year Built

  • Built in 1998

Lot Details

  • 6,500 Sq Ft Lot
  • Cul-De-Sac

HOA Fees

  • $122 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Frame Construction
  • Wood Shingle Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,800 Sq Ft Home
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • Outdoor Shower
  • Spa

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

  • Village Realty Association, Phone Number (252) 480-2224
  • Vil Nh Dolphin Run Subdivision

Listing and Financial Details

  • Tax Lot 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,810

Year Built

Built in 1998

Lot Details

0

HOA Fees

$122 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: From Bypass Turn East onto S Seachase then left on beach road then right onto Bluewater Dr. House is on the corner of Bluewater and S Sandbar.
  • Extras: Ceiling Fan(s), Hot Tub, Outside Shower
  • Flood Zone: X
  • Subdivision Name: Village Of Nags Head Dolphin Run
  • Headline: Ocean View-Direct Beach Access
  • Heated Sq Ft: 1800
  • L V T Date: 10/14/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Advertised Income 2020: 44275
  • Deed Book Pg Number: 0032
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Village at Nags Head
  • Newpoint Media: Yes
  • Office License Number: C22431
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Vinyl, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Dryer Connection, Ensuite, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding
  • Roof: Wood Shingles
  • View: Ocean

Garage/Parking

  • Parking: Off Street, Under

Utilities

  • Cooling: Central
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 1460
  • Hoa Contact: Village Realty
  • HOA Contact: 252-480-2224
  • Home Owner Dwelling Insurance: 1392

Lot Info

  • Estimated Lot Sq Ft: 6500
  • Lot Description: Cul-de-sac
  • Lot Number: Lot 15
  • Estimated Lot Size: 0.15
  • Deed Book: 1728

Rental Info

  • Est Annual Rental Income: 44275
  • Estimated Rental Performance: 0.0886
  • Flood Expenses: 839
  • Other Expenses: 340
  • Other Expenses2: 290
  • Poolspa Expense: 1500
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: C's The Lobster Lounge
  • Rental Cottage Number: K1121
  • Rental Phone Number: 800-635-1559
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Estimated
  • Annual Cable TV Expense: 1800
  • Annual Electric: 1400
  • Annual Water Expense: 880

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2020
  • Taxes: 2810.35

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2020
Closed on
Dec 11, 2020
Sold by
Lias Roger John and Lias Jennifer May
Bought by
Hammer Andrew L and Hammer Staci T
Seller's Agent
Matt Huband
OBX Realty Group, LLC
Buyer's Agent
Michael Ross
Southern Shores Realty
List Price
$475,000
Sold Price
$500,000
Premium/Discount to List
$25,000
5.26%
Current Estimated Value
$778,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,271
Avg. Annual Appreciation
10.07%
Original Mortgage
$215,000
Outstanding Balance
$193,606
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$588,142

Purchase Details

Closed on
May 1, 2007
Sold by
Caloiaro Joseph A and Caloiaro Donna M
Bought by
Lias Roger John and Lias Jennifer May Chapelle
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
Hammer Andrew L $500,000 None Available
Lias Roger John $540,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hammer Andrew L $215,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/18/2020 12/18/20 Sold $500,000 +5.3% $278 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/14/2020 10/14/20 For Sale $475,000 -- $264 / 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 $3,397 $450,700 $196,300 $254,400
2023 $1,846 $460,876 $196,300 $264,576
2022 $1,846 $460,876 $196,300 $264,576
2021 $1,691 $422,292 $196,300 $225,992
2020 $2,810 $422,292 $196,300 $225,992
2019 $1,584 $328,900 $167,800 $161,100
2018 $0 $328,900 $167,800 $161,100
2017 $1,546 $328,900 $167,800 $161,100
2016 $1,414 $328,900 $167,800 $161,100
2014 $878 $328,900 $167,800 $161,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111465

Outer Banks Association of REALTORS®

APN: 000380117