
Seller's Agent in 2021
Brad Beacham
Landmark Sotheby's International Realty
(252) 202-6920
26 in this area
194 Total Sales
Estimated Value: $655,000 - $1,027,000
South Nags Head Semi-Oceanfront 4 bedroom with Stunning Ocean Views and direct Beach Access. Mariner's Landing single family home with condo ownership. In South Nags Head there are several "cottage courts" that were developed in the late 70's and early to mid 80's that were owned by a single individual or entity. The land size was typically 100 feet on the ocean by 500-600 feet deep. On these land tracts were built 4-6 homes. Then when the owners decided to sell their property, in order to maximize the value of the property, they "condominiumized" the land and homes so that each cottage could then be sold individually. Within Mariners Landing there are 4 cottages. The land tract is oceanfront - so the 4 cottage owners collectively own the oceanfront land tract on which the 4 cottages are situated. Each cottage has use and enjoyment of the common area and each cottage has its own limited common area for its own use - parking, yard, etc. This home is semi-oceanfront with a permanent unobstructed ocean views that are difficult to find in this price range. Once you walk out the door you can be sitting in your favorite chair on the beach in just a minute. This home features 4 bedrooms and 2 baths, typical design of the day. There is an open upper level living area with an updated kitchen, dining area and great room with high beamed ceilings and tons of light. The top level sun decks take in the beautiful ocean views. Owners have made updates over time including recent siding and exterior paint, renovated top level, new kitchen, furnishings, appliances and more. Rents have been consistent year after year but owner only rents June - August and takes in season owner time. There is more rental potential with this great home with a full year rental projection of $37,635 on file. This is an amazing opportunity to own a property that is one lot from the oceanfront, oceanside with no road to cross, direct beach access and amazing ocean views! This is a must see. Don't wait!
Last Agent to Sell the Property
Landmark Sotheby's International Realty License #194377 Listed on: 04/12/2021
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/27/2021 05/27/21 | Sold | $560,000 | +3.7% | $417 / Sq Ft |
04/16/2021 04/16/21 | Pending | -- | -- | -- |
04/12/2021 04/12/21 | For Sale | $540,000 | -- | $402 / 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 | -- | $750,000 | $748,100 | $1,900 |
2023 | $3,004 | $750,000 | $748,100 | $1,900 |
2022 | $0 | $750,000 | $748,100 | $1,900 |
2021 | $0 | $750,000 | $748,100 | $1,900 |
2020 | $0 | $750,000 | $748,100 | $1,900 |
2019 | $0 | $590,000 | $588,000 | $2,000 |
2018 | $0 | $590,000 | $588,000 | $2,000 |
2017 | $0 | $590,000 | $588,000 | $2,000 |
2016 | -- | $590,000 | $588,000 | $2,000 |
2014 | -- | $590,000 | $588,000 | $2,000 |
Seller's Agent in 2021
Brad Beacham
Landmark Sotheby's International Realty
(252) 202-6920
26 in this area
194 Total Sales
Buyer's Agent in 2021
Rick Drumm
Beach Realty & Construction
(252) 305-9999
26 in this area
82 Total Sales
Source: Outer Banks Association of REALTORS®
MLS Number: 113867
APN: 008024999