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5507 Virginia Dare Trl

Nags Head, NC 27959

3 bd 2 ba 1,939 sqft Built 1987 condos
Most recent sale
$505,000
Apr 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2022 Sold $505,000 MLS #115344
Feb 17, 2022 Price changed $520,000 MLS #115344
Oct 8, 2021 Price changed $539,000 MLS #115344
Jul 22, 2021 Listed $559,000 MLS #115344
Jan 1, 2016 Listing removed $429,000 OuterBanks
Jul 27, 2015 Price changed $429,000 MLS #86350
Mar 26, 2015 Price changed $445,000 MLS #86350
Jan 14, 2015 Listed $495,000 MLS #86350
May 20, 1999 Sold $230,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $420,000 $165,000 $585,000 $1,539
2024 $420,000 $165,000 $585,000 $1,791
2023 $286,900 $160,500 $447,400 $1,837
2022 $286,900 $160,500 $447,400 $1,837
2021 $286,900 $160,500 $447,400 $1,838
2020 $334,100 $160,500 $494,600 $2,034
2019 $183,000 $240,000 $423,000 $2,031
2018 $183,000 $240,000 $423,000 $2,031
2017 $183,000 $240,000 $423,000 $2,031
2016 $183,000 $240,000 $423,000 $1,858
2015 $183,000 $240,000 $423,000 $1,858
2014 $183,000 $240,000 $423,000 $1,862
2013 $183,000 $240,000 $423,000 $1,858
2012 $213,600 $323,000 $536,600 $1,532
2010 $213,600 $323,000 $536,600 $1,532
2009 $213,600 $323,000 $536,600 $1,423

Property facts

Year built
1987
Property type
condos
Stories
Beds
3
Baths
2
Living area
1,939 sqft
Lot size
ZIP code
27959
City
Nags Head
Street
Virginia Dare Trl
Coordinates
35.93211, -75.60989

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,618
Gross rental yield
6.22%
Implied cap rate
4.04%
Trend-extrapolated value

Frequently asked questions

When did 5507 Virginia Dare Trl last sell?
5507 Virginia Dare Trl most recently sold on Apr 11, 2022 for $505,000.
What is the current tax assessment for 5507 Virginia Dare Trl?
The most recent total assessment for 5507 Virginia Dare Trl (year 2025) is $585,000 with $1,539 in property tax.
How does 5507 Virginia Dare Trl's assessment compare to its last sale price?
The current assessment is 15.8% above the last sale price of $505,000.
When was 5507 Virginia Dare Trl built?
5507 Virginia Dare Trl was built in 1987.
How does 5507 Virginia Dare Trl compare to others on Virginia Dare Trl?
We track 8 other properties on Virginia Dare Trl. Browse the list under "Other properties on Virginia Dare Trl" to compare beds, baths, and sale history.
What are the property facts for 5507 Virginia Dare Trl?
5507 Virginia Dare Trl is a 3 bed, 2 bath, 1,939 sqft condos.
Is 5507 Virginia Dare Trl a flip candidate?
No — 5507 Virginia Dare Trl does not appear in our flips dataset.
Is 5507 Virginia Dare Trl a tax-appeal candidate?
Yes — 5507 Virginia Dare Trl appears in our tax-appeal candidates list, meaning its current assessment exceeds its recent sale price by 15% or more.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.0%
Implied 1-yr
+20.0%
2026 Q3
$1.26M
2026 Q4
$1.3M
ZIP 27959 — Median Price History + Forecast

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