
Seller's Agent in 2023
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
(252) 202-2375
50 in this area
424 Total Sales
Turnkey moneymaker with 11% ROI and room for growth!!! As of March 7th, this fantastic investment property has nearly $200K Advertised Gross on the books ready to be turned over to the next lucky owner. Tons of listings proclaim the magical 10:1 ratio that most savvy investors live by when searching for their next income producing asset. With a 9% property management commission locked in and transferring to the new owner/buyer, the home has chance to hit that benchmark based on NET income, a claim very few can boast! In addition, with tons of updates recently completed including a new electric pool heater specifically added to entice even more off-season weeks, expectations are as much as 30 weeks and close to $200K are attainable. Did I mention this was all possible turnkey? With a starting point so strong, for the homeowner willing to take the next step, the earning potential for this cash cow is only limited to what you as the new owner can imagine. The three features recognized as being most important in establishing real estate value are location, location and location. Appropriately named “Serenity,” at approx. 4,400 sq. ft., protected by a firmly established, well vegetated dune line, in the highly desirable, less commercialized area of South Nags Head, with both views of the Ocean and Pea Island National Wildlife refuge, this vacation home reminds of the vacations that made our beaches so famous. Secluded and private with smaller public accesses few and far between. Also, we would be remiss to leave out the Nags Head Beach renourishment project when combined with the aforementioned strong dune line, makes this investment as safe as Oceanfront properties get. Safe from storms, monster income on the books and room for growth, investments do not get any sounder than this! Some of the more outstanding features and updates include: -Renovated and Refurnished “Coastal Modern” Great Room with Electric Fireplace -Renovated Kitchen with Granite Countertops & New Appliances -Brand new carpet, mattresses and electronics (FSTV’s) throughout -Large Game room with pool table and cabana bath -Two new hot water heaters -Two Laundry Stations and 2 Full Sized Refrigerators and Wet bars. -Electric Pool Heater -Dining table and breakfast bar both with ocean views seating as many as 20 guests Rental Property Investment is nothing but, a numbers game. Most purchases require buyers to keep playing that game, striving for numbers to get to the desired ratios. Booked solid, with an incredible rental package in place and ready to be turned over to you, “Serenity” is sure to be a winning investment for you and your family.
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $2,800,000 | None Listed On Document | |
Warranty Deed | $2,800,000 | None Listed On Document | |
Warranty Deed | $2,515,000 | None Listed On Document | |
Warranty Deed | $1,665,000 | None Listed On Document | |
Warranty Deed | $1,665,000 | None Available | |
Warranty Deed | $1,155,000 | -- |
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Previous Owner | $1,509,000 | New Conventional | |
Previous Owner | $1,332,000 | New Conventional | |
Previous Owner | $921,000 | Stand Alone Refi Refinance Of Original Loan | |
Previous Owner | $924,000 | New Conventional |
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/22/2023 12/22/23 | Sold | $2,515,000 | -3.1% | $557 / Sq Ft |
11/22/2023 11/22/23 | Pending | -- | -- | -- |
11/04/2023 11/04/23 | For Sale | $2,595,000 | +55.9% | $575 / Sq Ft |
05/28/2021 05/28/21 | Sold | $1,665,000 | -0.6% | $376 / Sq Ft |
04/10/2021 04/10/21 | Pending | -- | -- | -- |
03/29/2021 03/29/21 | For Sale | $1,674,900 | 0.0% | $378 / Sq Ft |
03/22/2021 03/22/21 | Pending | -- | -- | -- |
03/08/2021 03/08/21 | Price Changed | $1,674,900 | -4.3% | $378 / Sq Ft |
02/26/2021 02/26/21 | For Sale | $1,750,000 | +51.5% | $395 / Sq Ft |
01/07/2019 01/07/19 | Sold | $1,155,000 | -3.7% | $261 / Sq Ft |
11/16/2018 11/16/18 | Pending | -- | -- | -- |
11/09/2018 11/09/18 | For Sale | $1,199,000 | -- | $271 / Sq Ft |
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 | $11,441 | $1,222,800 | $622,300 | $600,500 |
2023 | $4,981 | $1,243,596 | $622,300 | $621,296 |
2022 | $4,981 | $1,243,596 | $622,300 | $621,296 |
2021 | $4,981 | $1,243,596 | $622,300 | $621,296 |
2020 | $4,981 | $1,243,596 | $622,300 | $621,296 |
2019 | $4,806 | $996,900 | $484,900 | $512,000 |
2018 | $4,806 | $996,900 | $484,900 | $512,000 |
2017 | $4,806 | $996,900 | $484,900 | $512,000 |
2016 | $4,397 | $996,900 | $484,900 | $512,000 |
2014 | $9,514 | $996,900 | $484,900 | $512,000 |
Seller's Agent in 2023
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
(252) 202-2375
50 in this area
424 Total Sales
Seller Co-Listing Agent in 2023
Trish Berruet
Coldwell Banker Seaside Realty - KDH
(252) 256-2761
5 in this area
68 Total Sales
Buyer's Agent in 2023
Hunter Davis
Twiddy and Company - Corolla
(704) 936-6456
4 in this area
178 Total Sales
Seller's Agent in 2021
Al Friedman
Sun Realty - KDH
(410) 353-3927
8 in this area
27 Total Sales
Buyer's Agent in 2021
Ashley Massey
Landmark Sotheby's International Realty
(252) 202-4874
17 in this area
56 Total Sales
Buyer's Agent in 2019
Daphne Degabrielle
Outer Banks Realty Group
(252) 475-4147
15 in this area
54 Total Sales
Source: Outer Banks Association of REALTORS®
MLS Number: 113070
APN: 006988000