NOT LISTED FOR SALE

6912 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,050,000 - $1,222,000

6 Beds
5.5 Baths
2,839 Sq Ft
$393/Sq Ft Est. Value

Last Sold December 21, 2022

Last sale price $1,015,000 $358 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $6,449/month

95 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Contemporary Architecture
  • Beach Access
  • Second Refrigerator
  • 4-minute walk to Harvey Soundside Park

About This Home

As of December 2022

Location, Location! Located near the beach access, this 6BR, 5.5BA investment property was designed with an open floor plan, roomy kitchen with eat-on bar, spacious living room with gas fireplace, lower level game room and multiple decks with ocean views and direct private pool access with hot tub. Nestled in the heart of Nags Head, this rental machine offers location value and immediate return on investment. Updates in 2020 include a kitchen remodel (granite countertops, new appliances, subway tile backsplash, refinished cabinetry) and LVT floors. Roof replaced in 2019. See Rental Projection ($137K) and list of improvements in associated docs. Turnover is on Saturday.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 07/11/2022

Pirates Cove Realty

Last Buyer's Agent

Kelly Dean

Landmark Sotheby's International Realty License #273801

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,991

Year Built

  • Built in 2002

Lot Details

  • 9,000 Sq Ft Lot
  • Ocean Front
  • Fenced Yard
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 2,839 Sq Ft Home
  • Furnished
  • Game Room
  • Carpet
  • Ocean Views
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 6 Bedrooms

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Beach Access
  • Covered Deck

Utilities

  • Forced Air Heating System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalebone Bchs Subdivision

Listing and Financial Details

  • Legal Lot and Block lot 7 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,991

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: Nestled on the beach road near Jennette's Pier. Heading north, take S. Virginia Dare Trail, house #6912 on left.
  • Extras: Beach Access, Covered Decks, Fenced Yard, Hot Tub
  • Flood Zone: AE
  • Headline: Projected 10%+ ROI
  • Heated Sq Ft: 2839
  • L V T Date: 07/12/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Deed Book Pg Number: 214
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C20146
  • 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, 2nd Refrigerator
  • Bedrooms: 6
  • Floor Coverings: Carpet, Vinyl Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Heat Pump
  • Heating: Forced Air, Heat Pump
  • Septic Fee: 600
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 9000
  • Lot Description: Level
  • Lot Number: lot 7
  • Estimated Lot Size: 0.21
  • Deed Book: 1948

Rental Info

  • Est Annual Rental Income: 137272
  • Estimated Rental Performance: 0.1352
  • Flood Expenses: 873
  • Lease Terms: Weekly
  • Maintenance Expenses: 1569
  • Poolspa Expense: 3255
  • Rental Co: Managed by Homeowner
  • Yearly Expense Actual Estimate: Actual
  • Annual Electric: 4149
  • Annual Water Expense: 695

Building Info

  • Year Built: 2002

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 3990.78

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2022
Closed on
Dec 16, 2022
Sold by
Millennium Trust Company Llc
Bought by
Huot Michael Paul and Huot Carrie Ann
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Kelly Dean
Landmark Sotheby's International Realty
List Price
$1,125,000
Sold Price
$1,015,000
Premium/Discount to List
-$110,000
-9.78%
Current Estimated Value
$1,115,244

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,244
Avg. Annual Appreciation
3.58%
Original Mortgage
$710,500
Outstanding Balance
$687,390
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$427,854

Purchase Details

Listed on
Oct 23, 2013
Closed on
Dec 11, 2013
Sold by
Obx Surfside Realty Llc
Bought by
Millenium Trust Company Llc
Seller's Agent
Dru Ferrence
Basnight Realty
Buyer's Agent
Jane Ford
Ford Luxury Properties, LLC
List Price
$560,000
Sold Price
$540,000
Premium/Discount to List
-$20,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.26%

Purchase Details

Closed on
May 5, 2010
Sold by
Whitt James Steward
Bought by
Obx Surfside Realty Llc
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
Huot Michael Paul $6,090,000 --
Millenium Trust Company Llc $540,000 None Available
Obx Surfside Realty Llc $525,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huot Michael Paul $710,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2022 12/21/22 Sold $1,015,000 -3.3% $358 / Sq Ft
10/14/2022 10/14/22 Pending -- -- --
10/04/2022 10/04/22 Price Changed $1,050,000 -2.3% $370 / Sq Ft
08/30/2022 08/30/22 Price Changed $1,075,000 -4.4% $379 / Sq Ft
07/11/2022 07/11/22 For Sale $1,125,000 +108.3% $396 / Sq Ft
12/19/2013 12/19/13 Sold $540,000 -3.6% $196 / Sq Ft
12/08/2013 12/08/13 Pending -- -- --
10/23/2013 10/23/13 For Sale $560,000 -- $203 / 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 $4,476 $561,200 $227,800 $333,400
2023 $2,301 $574,536 $227,800 $346,736
2022 $2,301 $574,536 $227,800 $346,736
2021 $1,684 $574,536 $227,800 $346,736
2020 $3,824 $574,536 $227,800 $346,736
2019 $2,482 $513,100 $214,800 $298,300
2018 $1,621 $513,100 $214,800 $298,300
2017 $2,482 $513,100 $214,800 $298,300
2016 $2,270 $513,100 $214,800 $298,300
2014 $2,277 $513,100 $214,800 $298,300
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Cloninger

    Seller's Agent in 2022

    Elizabeth Cloninger

    Pirates Cove Realty

    (252) 305-2951

    8 in this area

    199 Total Sales

    Elizabeth Cloninger
    Section Image
  • Kelly Dean

    Buyer's Agent in 2022

    Kelly Dean

    Landmark Sotheby's International Realty

    (252) 207-3655

    14 in this area

    52 Total Sales

    Kelly Dean
    Section Image
  • Dru Ferrence

    Seller's Agent in 2013

    Dru Ferrence

    Basnight Realty

    (252) 597-5560

    35 in this area

    88 Total Sales

    Dru Ferrence
    Section Image
  • Jane Ford

    Buyer's Agent in 2013

    Jane Ford

    Ford Luxury Properties, LLC

    (252) 599-0055

    1 in this area

    6 Total Sales

    Jane Ford
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119661

Outer Banks Association of REALTORS®

APN: 006556003

North Carolina Dare County Nags Head 27959

6912 S Virginia Dare Trail, Nags Head, NC

This home is located at 6912 S Virginia Dare Trail, Nags Head, NC 27959 since 11 July 2022 and is currently estimated at $1,115,244, approximately $392 per square foot. This property was built in 2002. 6912 S Virginia Dare Trail is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

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