NOT LISTED FOR SALE

9027 E Gerhard St Nags Head, NC 27959

Estimated Value: $708,000 - $915,000

3 Beds
2 Baths
1,064 Sq Ft
$720/Sq Ft Est. Value

Last Sold April 19, 2018

Last sale price $474,000 $445 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $4,488/month

5 Days on Market

Highlights

  • Beach Front
  • Beach Box Architecture
  • Screened Porch
  • Ocean View
  • Furnished
  • Covered Deck

About This Home

As of April 2018

Nags Head Oceanfront Cottage! Steps to the Beach! Rental Machine! Walking distance to Outer Banks fishing pier and Fishheads Bar and Grill. This classic 3 bedroom and 2 bath cottage has exactly what you need. Location, location, location! Away from it all and close to everything. Renters love this home...Averages 50-55k per year in rents and has $51,900 already booked for 2018. This cottage is perfect for the family with bright colors, comfortable furnishings and a fun atmosphere. A large sun deck overlooks the Atlantic Ocean....sit and enjoy morning coffee while watching the sun rise! The screened in porch allows for covered entry to the home and a great place to relax in the summer and enjoy warm breezes. There is a conveniently located outside shower under the carport as you pull up. The home was raised and put on a new piling foundation about 12 years ago. Roof is newer. HVAC unit is new last year. All new laminate wood flooring throughout the entire home is a real plus! Septic is new in 2015 and was put in with 4 Bedroom Capacity. Plumbing and electrical has been updated. Originally built in 1967, the home still has some of the original vintage charm as you will see with the T&G walls and screened in porch. However, the effective age of this property is much newer. Home is in good shape! This is a must see property for anyone looking for a Nags Head cottage!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 02/28/2018

Landmark Sotheby's International Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,999

Year Built

  • Built in 1967

Lot Details

  • Beach Front

Home Design

  • Beach Box Architecture
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,064 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Screened Porch
  • Laminate Flooring
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Hollywood Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 27-33 / 13

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,999

Year Built

Built in 1967

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Go South of OB Fishing Pier. Look for J.P Cottages sign. Turn East on Gerhard St. Cottage is on the oceanfront on the right.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Hollywood Bch Lts 3-5
  • Headline: Oceanfront Cottage Renter!!
  • Heated Sq Ft: 1064
  • L V T Date: 03/01/2018
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0885
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Washer Connection

Exterior Features

  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 619

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 27-33
  • Deed Book: 1998

Rental Info

  • Flood Expenses: 1721
  • Rental Co: Kitty Hawk Rentals
  • Rental Cottage Name: It's 5 o'clock somewhere
  • Rental Cottage Number: K0099
  • Rental Phone Number: 252-441-7166
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Rental Contact Email: brook@beachrealtync.com
  • Rental Contact Name: Brook Sparks
  • Rental Contact Phone: 252-441-7166

Building Info

  • Year Built: 1967

Tax Info

  • Year: 2017
  • Taxes: 1999

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Kay William Jacksor $262,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2018 04/19/18 Sold $474,000 -1.0% $445 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $479,000 -- $450 / 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 $3,557 $396,500 $244,700 $151,800
2023 $1,612 $402,572 $244,700 $157,872
2022 $1,612 $402,572 $244,700 $157,872
2021 $1,612 $402,572 $244,700 $157,872
2020 $1,612 $402,572 $244,700 $157,872
2019 $1,311 $274,600 $189,500 $85,100
2018 $1,311 $274,600 $189,500 $85,100
2017 $1,311 $274,600 $189,500 $85,100
2016 $1,199 $274,600 $189,500 $85,100
2014 $2,585 $274,600 $189,500 $85,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99458

Outer Banks Association of REALTORS®

APN: 007216000