NOT LISTED FOR SALE

7009 S Virginia Dare Trail Nags Head, NC 27959

Estimated Value: $1,796,000 - $2,293,000

8 Beds
7.5 Baths
3,568 Sq Ft
$557/Sq Ft Est. Value

Sale Details

Date Sold: March 25, 2022

Last sale price $1,700,000 $476 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $11,261 / mo

31 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Contemporary Architecture
  • Ocean View
  • 0.52 Acre Lot
  • 3-minute walk to Harvey Soundside Park

About This Home

As of March 2022

Huge, 8 Bedroom and 7 Full Bath Oceanfront home in Nags Head; Greatly Increased income potential with some interior upgrading. $142,593 already booked for 2022 and should reach $172,285 by years end. See Associated docs for a 2023 projection with upgrades done. SELLER OFFERING CREDIT OF $75,000 FOR DECORATING TO BUYER WITH ACCEPTABLE OFFER.

Last Agent to Sell the Property

Sally Holt

Surfside Realty License #183933 Listed on: 01/20/2022

Surfside Realty

Last Buyer's Agent

Chuck Motosko

Charles S Motosko License #188928

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,712

Year Built

  • Built in 2002

Lot Details

  • 22,500 Sq Ft Lot
  • Lot Dimensions are 40 x 400
  • Beach Front
  • 50 Feet of Waterfront
  • Level Lot
  • Sprinkler System

Parking

  • Off-Street Parking

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Contemporary Architecture
  • Caribbean Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,568 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Family Room
  • Living Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Utility Room
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 5 / 5

Community Details

Overview

  • Whalebone Bchs Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,712

Year Built

Built in 2002

Lot Details

0.52 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Caribbean, Contemporary
  • Directions: From Kitty Hawk, go south on the bypass and make a left on Glidden St. Then make a right on the Beach Road and house (yellow) is on the left.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Lawn Sprinklers, Outside Lighting, Outside Shower, Patio, Screened Porch, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: AE
  • Subdivision Name: Whalebone Beaches
  • Headline: $75,000 REDECORATING CREDIT!
  • Heated Sq Ft: 3568
  • L V T Date: 01/20/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2022: 142593
  • Deed Book Pg Number: 0330
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C21933
  • 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: 8
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Bedroom 6: On Level: Ground
  • Bedroom 7: On Level: Ground
  • Bedroom 8: On Level: Ground
  • Kitchen: On Level: 2
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Attic, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Dining Room: On Level: 2
  • Family Room: On Level: Ground
  • Game Room: On Level: Ground
  • Living Room: On Level: 2
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Gunite, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean, Sound
  • Water Frontage: 50

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Electric, Forced Air, Heat Pump, Zoned
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 7216

Lot Info

  • Estimated Lot Sq Ft: 22500
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: W
  • Lot Size: 40 X 400
  • Lot Number: Lot 5
  • Estimated Lot Size: 0.52
  • Deed Book: 1628

Rental Info

  • Est Annual Rental Income: 168969
  • Estimated Rental Performance: 0.0994
  • Flood Expenses: 713
  • Lease Terms: Weekly
  • Other Expenses: 250
  • Other Expenses2: 600
  • Poolspa Expense: 4200
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Savannah
  • Rental Cottage Number: 6200
  • Rental Phone Number: 252-261-2171
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2400
  • Annual Electric: 5030
  • Annual Telephone Expense: 1000
  • Annual Water Expense: 1479
  • Rental Contact Email: Michelle Copeland Russell <mcopeland@seasiderealty
  • Rental Contact Name: Michelle Copeland at Seaside Vacations
  • Rental Contact Phone: 252-261-2171

Building Info

  • Year Built: 2002

Tax Info

  • Year: 2022
  • Taxes: 4712

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Mar 24, 2022
Sold by
Usuda Carlos F
Bought by
Savannah Obx Llc
Seller's Agent
Sally Holt
Surfside Realty
Buyer's Agent
Chuck Motosko
Charles S Motosko
List Price
$1,875,000
Sold Price
$1,700,000
Premium/Discount to List
-$175,000
-9.33%
Current Estimated Value
$1,966,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$266,905
Avg. Annual Appreciation
3.84%
Original Mortgage
$1,275,000
Outstanding Balance
$1,195,786
Interest Rate
4.42%
Mortgage Type
New Conventional
Estimated Equity
$790,535

Purchase Details

Closed on
Apr 29, 2005
Sold by
Harrison Thomas J and Harrison Rexanne A
Bought by
Usuda Carios F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,251
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Savannah Obx Llc $10,200,000 Sharp Starkey
Usuda Carios F $1,575,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Savannah Obx Llc $1,275,000
Previous Owner Usuda Carios F $496,251
Previous Owner Usuda Carios F $999,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $1,700,000 -5.6% $476 / Sq Ft
02/20/2022 02/20/22 Pending -- -- --
02/17/2022 02/17/22 Price Changed $1,799,999 -4.0% $504 / Sq Ft
01/20/2022 01/20/22 For Sale $1,875,000 -- $526 / Sq Ft
Source: Outer Banks Association of REALTORS®

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
2025 $7,152 $2,026,900 $1,218,000 $808,900
2024 $5,615 $1,155,800 $681,500 $474,300
2023 $5,615 $1,174,772 $681,500 $493,272
2022 $4,705 $1,174,772 $681,500 $493,272
2021 $5,124 $1,174,772 $681,500 $493,272
2020 $4,705 $1,174,772 $681,500 $493,272
2019 $4,744 $985,000 $496,100 $488,900
2018 $4,756 $985,000 $496,100 $488,900
2017 $4,744 $985,000 $496,100 $488,900
2016 $4,341 $985,000 $496,100 $488,900
2014 $4,341 $985,000 $496,100 $488,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117350

Outer Banks Association of REALTORS®

APN: 006594001

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