NOT LISTED FOR SALE

5705 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,569,000 - $2,470,000

7 Beds
4 Baths
3,420 Sq Ft
$592/Sq Ft Est. Value

Last Sold December 06, 2021

Last sale price $1,399,900 $409 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $11,462/month

35 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • In Ground Pool
  • Community Beach Access
  • Golf Course Community
  • 0.57 Acre Lot

About This Home

As of December 2021

Classic Nags Head Style home on an oversized oceanfront lot with substantial vegetated dune for extra protection. This 7 bedroom 4 bath home has expansive unobstructed ocean views. The reverse floor plan is cheery and sunny with large windows, soaring ceilings and many sliding doors that lead out to wood decks on all levels. The layout is ideal with with all 5 of the 7 bedrooms having private access to a bathroom. Property also features a private 6 person hot tub, outdoor pool, boardwalk to the beach, and a gas fireplace. New cedar shake roof added in 2017, refrigerator 2017, hot tob replaced 2011, and new HVAC 2018. There's easy access to the Village Beach & Tennis Club which offers an outdoor pool, tennis courts, and restaurant grill. The Village Amenities are endless and also include 2 sound accesses with pier, boat launch, and sand beach. You can also join the Village Golf Links if you're a golf lover or want to provide for renters.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 08/26/2021

Coldwell Banker Seaside Realty - KDH

Last Buyer's Agent

Stephanie Walker

Stephanie Walker and Associates License #110099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,704

Year Built

  • Built in 1996

Lot Details

  • 0.57 Acre Lot
  • Beach Front
  • Fenced Yard
  • Corner Lot
  • Level Lot

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • Traditional Architecture
  • Low Country Architecture
  • Reverse Style Home
  • Frame Construction
  • Wood Shingle Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 3,420 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Outdoor Shower
  • Spa

Outdoor Features

  • Sun Deck
  • Patio

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Listing and Financial Details

  • Tax Lot #1

Community Details

Overview

  • Association fees include common electric, common insurance, management
  • Vil Nh Beach Haven Subdivision

Amenities

  • Common Area
  • Clubhouse

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,704

Year Built

Built in 1996

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Traditional, Low Country, Nags Head, Coastal
  • Extras: Beach Access, Ceiling Fan(s), Common Laundry Area, Fenced Yard, Hot Tub, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: VE
  • Headline: 140k YTD Income/Roof 2017
  • Heated Sq Ft: 3420
  • L V T Date: 08/26/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2020: 121023
  • Advertised Income 2021: 140495
  • Deed Book Pg Number: 0654
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Major Subdivision: Village at Nags Head
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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: 7
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl, Wood, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Ensuite, Pantry, Walk in Closet
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame
  • Exterior: Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool, Association Pool
  • Roof: Wood Shingles
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management
  • Association Amenities: Clubhouse, Golf Course, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Park, Playground, Sound Access, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 300

Lot Info

  • Estimated Lot Sq Ft: 25000
  • Lot Description: Beach Frontage, Corner, Level, Water Frontage
  • Lot Number: Lot #1
  • Estimated Lot Size: 0.57
  • Deed Book: 2053

Rental Info

  • Est Annual Rental Income: 156440
  • Estimated Rental Performance: 0.1118
  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Cottage Name: Lord Of The Sea
  • Rental Cottage Number: 5654
  • Rental Phone Number: 252-441-5000
  • Rental Turnover Day: Saturday
  • Rental Contact Email: Debbie.Hartlove@resortrealty.com
  • Rental Contact Name: Debbie Hartlove

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2019
  • Taxes: 10704.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2022
Sold by
Keith Fairlie
Bought by
Keith Fairlie Declaration Of Trust
Current Estimated Value
$1,989,369

Purchase Details

Listed on
Aug 26, 2021
Closed on
Dec 1, 2021
Sold by
Herbers Tod A and Herbers Suzanne D
Bought by
Pairlie Keith
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Stephanie Walker
Stephanie Walker and Associates
List Price
$1,499,900
Sold Price
$1,399,900
Premium/Discount to List
-$100,000
-6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.56%
Original Mortgage
$699,950
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 25, 2015
Sold by
Herbers Tod A and Herbers Suzanne D
Bought by
Herbers Tod A and Herbers Suzanne D

Purchase Details

Closed on
Jul 27, 2012
Sold by
Sullivan John P and Sullivan Evelyn
Bought by
Herbers Tod A

Purchase Details

Closed on
Mar 11, 2005
Sold by
Weiss Morris L and Weiss Sharon L
Bought by
Herbers Tod A and Sullivan John P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.62%
Mortgage Type
Unknown
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
Keith Fairlie Declaration Of Trust -- Sharp Graham Baker And Varnell
Pairlie Keith $1,400,000 None Available
Herbers Tod A -- Attorney
Herbers Tod A -- None Available
Herbers Tod A $1,690,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pairlie Keith $699,950
Previous Owner Herbers Tod A $330,000
Previous Owner Herbers Tod A $1,267,500
Previous Owner Weiss Morris M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2021 12/06/21 Sold $1,399,900 -6.7% $409 / Sq Ft
09/30/2021 09/30/21 Pending -- -- --
08/26/2021 08/26/21 For Sale $1,499,900 -- $439 / 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 $6,537 $1,260,400 $805,600 $454,800
2023 $6,537 $1,278,592 $805,600 $472,992
2022 $5,121 $1,278,592 $805,600 $472,992
2021 $10,704 $1,278,592 $805,600 $472,992
2020 $5,121 $1,278,592 $805,600 $472,992
2014 $10,084 $1,064,000 $663,600 $400,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115876

Outer Banks Association of REALTORS®

APN: 000380095