NOT LISTED FOR SALE

6403 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $2,579,000 - $2,943,605

0.39 Acre
$7,232,141 Price per Acre
16,988 Sq Ft Lot

Last Sold April 19, 2021

Last sale price $1,050,000 $1,823 Per Sq Ft

Est. 169% increase in value since last sale

Current estimated payment $16,082/month

12 Days on Market

About This Lot

As of April 2021

Rare Opportunity for for 50' of ocean front lot. The adjoining lot is available and must be purchased together. Once combined, there is a possibility of a cottage court and the zoning requirements are in associated documents. There are two structures which are tear downs. It has a very tall dune line to protect any structure/structures you may wish to build.

Last Agent to Sell the Property

Judy Burnette

Judy Burnette Realty, LLC License #188805 Listed on: 02/10/2021

Last Buyer's Agent

Thomas Stewart

Resort Realty - NH License #296593

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,597

Lot Details

  • 0.39 Acre Lot
  • Beach Front
  • 50 Feet of Waterfront
  • Cleared Lot

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Seashore Prop Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$6,597

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn East on Forbes Street. Turn left, lots on right.
  • Subdivision Name: AB Houtz Section A
  • Headline: Please see remarks
  • L V T Date: 02/10/2021
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 0015
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15054
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean
  • Water Frontage: 50

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal
  • Electric: Available

Lot Info

  • Estimated Lot Sq Ft: 17000
  • Lot Description: Beach Frontage, Cleared
  • Estimated Lot Size: 0.39
  • Deed Book: 1956
  • Unit/Lot Number: Lot

Tax Info

  • Year: 2021
  • Taxes: 6597

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2024
Sold by
Moongate Partners Llc
Bought by
Moongate Partners -James Llc
Current Estimated Value
$2,820,535

Purchase Details

Listed on
Feb 10, 2021
Closed on
Apr 6, 2021
Sold by
Lil Red Llc
Bought by
Moongate Partners Llc
Seller's Agent
Judy Burnette
Judy Burnette Realty, LLC
Buyer's Agent
Thomas Stewart
Resort Realty - NH
List Price
$1,075,000
Sold Price
$1,050,000
Premium/Discount to List
-$25,000
-2.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.64%

Purchase Details

Closed on
Dec 16, 2013
Sold by
Broyhill Richard A and Broyhill Anne
Bought by
Lil Red Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Moongate Partners -James Llc -- None Listed On Document
Moongate Partners Llc $5,250,000 None Available
Lil Red Llc -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2021 04/19/21 Sold $1,050,000 -2.3% $1,823 / Sq Ft
02/22/2021 02/22/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $1,075,000 -- $1,866 / 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 $9,999 $1,954,800 $752,000 $1,202,800
2023 $4,823 $1,008,900 $752,000 $256,900
2022 $3,012 $752,000 $752,000 $0
2021 $3,268 $815,900 $752,000 $63,900
2020 $3,268 $815,900 $752,000 $63,900
2019 $2,848 $606,000 $572,400 $33,600
2018 $2,848 $606,000 $572,400 $33,600
2017 $2,848 $606,000 $572,400 $33,600
2016 $2,606 $606,000 $572,400 $33,600
2014 $5,636 $606,000 $572,400 $33,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112848

Outer Banks Association of REALTORS®

APN: 008772002