NOT LISTED FOR SALE

6405 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,568,721

0.39 Acre
$4,022,362 Price per Acre
16,988 Sq Ft Lot

Last Sold April 12, 2021

Last sale price $1,050,000

Est. 49% increase in value since last sale

Current estimated payment $8,847/month

12 Days on Market

About This Lot

As of April 2021

Rare opportunity of 50' ocean front lot with the adjoining lot to be purchased as one. Once combined into one lot, there is a possibility of a cottage court. The lot is cleared and has two structures which will need to to be torn down. It has a very tall dune line to protect any structure/structures you may wish to build. Please note there are two lots which MUST be sold together. Total purchase price is $2,150,000.

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

  • $6,770

Lot Details

  • 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

$6,770

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Turn east on Forbes Street, Turn left, Lots on right.
  • Flood Zone: VE
  • Subdivision Name: AB Houtz Section A
  • Headline: Two Lots Available
  • 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: 0750
  • 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

  • Lot Description: Beach Frontage, Water Frontage, Cleared
  • Lot Size: 17000
  • Deed Book: 2075
  • Unit/Lot Number: Lot

Tax Info

  • Year: 2021
  • Taxes: 6770.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 10, 2021
Closed on
Apr 6, 2021
Sold by
Jeanette Broyhill Wiles Revocable Trust
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%
Current Estimated Value
$1,568,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,721
Avg. Annual Appreciation
9.60%
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 Llc $1,050,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sand Properties Llc $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2021 04/12/21 Sold $1,050,000 -2.3% --
02/22/2021 02/22/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $1,075,000 -- --
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 $3,595 $752,000 $752,000 $0
2023 $3,595 $752,000 $752,000 $0
2022 $3,012 $752,000 $752,000 $0
2021 $3,354 $837,400 $752,000 $85,400
2020 $3,354 $837,400 $752,000 $85,400
2019 $2,910 $619,200 $572,400 $46,800
2018 $2,910 $619,200 $572,400 $46,800
2017 $2,904 $617,900 $572,400 $45,500
2016 $2,657 $617,900 $572,400 $45,500
2014 $5,763 $617,900 $572,400 $45,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112849

Outer Banks Association of REALTORS®

APN: 008772000