$660,000
SOLD MAY 9, 2014

6937 S Virginia Dare Trail Nags Head, NC 27959

0.73 Acre
$898,425 Price per Acre
32,000 Sq Ft Lot

Recently Sold

9% Below List Price

324 Days on Market

Highlights

  • 80 Feet of Waterfront
  • 32,000 Sq Ft lot
  • Level Lot
  • Ocean View

About This Lot

As of September 2015

Come and build your WIDE oceanfront home to enjoy the view on this 80' wide lot. Beach Nourishment adds to the value.

Last Agent to Sell the Property

Douglas DuVal

Douglas DuVal, Broker License #103908 Listed on: 11/01/2012

Last Buyer's Agent

Sumit Gupta

VR Real Estate Advisors, LLC License #212627

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,182

Lot Details

  • 0.73 Acre Lot
  • Lot Dimensions are 80 x 398
  • 80 Feet of Waterfront
  • Ocean Front
  • Level Lot

Property Views

  • Ocean Views

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Whalebone Bchs Subdivision

Listing and Financial Details

  • Tax Block 4

Property Details

Property Type

Land

Est. Annual Taxes

$7,182

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: M.P. 16 on Beach Road near Islander Motel
  • Flood Zone: VE
  • Headline: 80' Oceanfront lot
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 379
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 80
  • View: Ocean
  • Water Frontage: 80

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 32000
  • Lot Description: Level, Water Frontage
  • Lot Faces: E
  • Lot Size: 80 x 398
  • Deed Book: 1892
  • Unit/Lot Number: lot 19-20

Tax Info

  • Year: 2012
  • Taxes: 7182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2015
Closed on
Sep 4, 2015
Sold by
Hcl Homes Llc
Bought by
Sea Daisy Inc
Seller's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
Buyer's Agent
Melanie Day
Landmark Sotheby's International Realty
List Price
$2,695,000
Sold Price
$2,350,000
Premium/Discount to List
-$345,000
-12.8%
Current Estimated Value
$2,539,448

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,448
Avg. Annual Appreciation
1.76%

Purchase Details

Listed on
Nov 1, 2012
Closed on
May 7, 2014
Sold by
Thompson Douglas E and Thompson Barbara B
Bought by
Hcl Homes Llc
Seller's Agent
Douglas DuVal
Douglas DuVal, Broker
Buyer's Agent
Sumit Gupta
VR Real Estate Advisors, LLC
List Price
$725,000
Sold Price
$660,000
Premium/Discount to List
-$65,000
-8.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
161.71%

Purchase Details

Closed on
Mar 19, 2012
Sold by
Thompson Shaw Corporation
Bought by
Thompson Douglas E and Thompson Barbara B
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 Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed $660,000 None Available
Deed $787,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,450,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2015 09/04/15 Sold $2,350,000 -12.8% $475 / Sq Ft
09/01/2015 09/01/15 Pending -- -- --
05/08/2015 05/08/15 For Sale $2,695,000 +308.3% $545 / Sq Ft
05/09/2014 05/09/14 Sold $660,000 -9.0% --
09/21/2013 09/21/13 Pending -- -- --
11/01/2012 11/01/12 For Sale $725,000 -- --
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 $16,260 $1,765,800 $848,900 $916,900
2023 $9,041 $1,802,476 $848,900 $953,576
2022 $7,219 $1,802,476 $848,900 $953,576
2021 $15,099 $1,802,476 $848,900 $953,576
2020 $7,219 $1,802,476 $848,900 $953,576
2019 $7,635 $1,576,100 $608,200 $967,900
2018 $7,830 $1,576,100 $608,200 $967,900
2017 $7,635 $1,576,100 $608,200 $967,900
2016 $6,985 $1,576,100 $608,200 $967,900
2014 $5,679 $612,600 $608,200 $4,400
Source: Public Records

Agents Affiliated with this Home

  • Sumit Gupta

    Seller's Agent in 2015

    Sumit Gupta

    VR Real Estate Advisors, LLC

    (252) 207-8997

    16 Total Sales

    Sumit Gupta
    Section Image
  • Tammy Aycock

    Seller Co-Listing Agent in 2015

    Tammy Aycock

    SAGA Realty and Construction

    (252) 207-6452

    13 in this area

    111 Total Sales

    Tammy Aycock
    Section Image
  • Melanie Day

    Buyer's Agent in 2015

    Melanie Day

    Landmark Sotheby's International Realty

    (252) 207-6138

    7 in this area

    226 Total Sales

    Melanie Day
    Section Image

  • D

    Seller's Agent in 2014

    Douglas DuVal

    Douglas DuVal, Broker

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76796

Outer Banks Association of REALTORS®

APN: 006591000

North Carolina Dare County Nags Head 27959

6937 S Virginia Dare Trail, Nags Head, NC

This home is located at 6937 S Virginia Dare Trail, Nags Head, NC 27959 and is currently priced at $660,000. 6937 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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