NOT LISTED FOR SALE

6903 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,652,000 - $2,120,000

7 Beds
6 Baths
3,050 Sq Ft
$595/Sq Ft Est. Value

Last Sold June 17, 2021

Last sale price $1,215,000 $398 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $10,737/month

1 Day on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Furnished
  • Ocean View
  • Coastal Architecture
  • Granite Countertops

About This Home

As of June 2021

This IMMACULATE TURNKEY home. 7 Bedrooms and 6 Full baths ensure there is room for everyone. RELAX in the POOL or HOT TUB or WATCH THE DREAMY OCEAN VIEWS. After a day on the STUNNING BEACH just outside your door shoot a game of pool in the game room or gather for dinner in the WELL-APPOINTED KITCHEN. GRASS COVERED Geo Grid at the front of the property provides support for ADDIONAL PARKING while being aesthetically pleasing. It's easy to see why this home is a favorite with renters year after year. Sister home next door with identical floor plan that allows pets produced $145,000 in rental income in 2020.

Last Agent to Sell the Property

Tammy Russell

Keller Williams - Outer Banks License #152164 Listed on: 04/21/2021

Keller Williams - Outer Banks

Last Buyer's Agent

Tammy Russell

Keller Williams - Outer Banks License #152164 Listed on: 04/21/2021

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,293

Year Built

  • Built in 2000

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 40x396
  • Beach Front
  • Landscaped

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,050 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Septic System

Listing and Financial Details

  • Legal Lot and Block 2 / 4

Community Details

Overview

  • Whalebone Bchs Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,293

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Shower, Sun Deck, Inside Laundry Room
  • Subdivision Name: Whalebone Beaches - Comp. Map
  • Heated Sq Ft: 3050
  • L V T Date: 04/22/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2020: 135858
  • Advertised Income 2021: 151392
  • Deed Book Pg Number: 258
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • 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: Granite
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Washer Connection, Wet Bar
  • Optional Rooms: Game Room

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1400

Lot Info

  • Estimated Lot Sq Ft: 15800
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: 40x396
  • Lot Number: Lot 2
  • Estimated Lot Size: 0.36
  • Deed Book: 1571

Rental Info

  • Est Annual Rental Income: 151342
  • Estimated Rental Performance: 0.1246
  • Flood Expenses: 3600
  • Lease Terms: Weekly
  • Poolspa Expense: 4900
  • Rental Co: Village Realty
  • Rental Cottage Number: NH06
  • Rental Phone Number: (252)480-2224
  • Rental Turnover Day: Saturday
  • Annual Electric: 4400
  • Rental Contact Email: obxrentals@villagerealty.com
  • Rental Contact Name: Laura Payne / Kim Stetson
  • Rental Contact Phone: (252)4802224

Building Info

  • Year Built: 2000

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2020
  • Taxes: 7292.55

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
Jun 1, 2021
Sold by
The Lacour Group Llc
Bought by
Basic Property Management Llc
Seller's Agent
Tammy Russell
Keller Williams - Outer Banks
Buyer's Agent
Tammy Russell
Keller Williams - Outer Banks
List Price
$1,279,000
Sold Price
$1,215,000
Premium/Discount to List
-$64,000
-5%
Current Estimated Value
$1,814,558

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$599,558
Avg. Annual Appreciation
10.05%
Original Mortgage
$789,750
Outstanding Balance
$716,576
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,097,982
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
Basic Property Management Llc $1,215,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Basic Property Management Llc $789,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2021 06/17/21 Sold $1,215,000 -5.0% $398 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $1,279,000 -- $419 / 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 $10,203 $1,096,400 $681,500 $414,900
2023 $4,458 $1,112,996 $681,500 $431,496
2022 $4,458 $1,112,996 $681,500 $431,496
2021 $4,458 $1,112,996 $681,500 $431,496
2020 $8,446 $1,112,996 $681,500 $431,496
2019 $3,905 $814,900 $496,100 $318,800
2018 $4,005 $814,900 $496,100 $318,800
2017 $3,905 $814,900 $496,100 $318,800
2016 $3,573 $814,900 $496,100 $318,800
2014 $3,567 $813,700 $496,100 $317,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114016

Outer Banks Association of REALTORS®

APN: 006568001