NOT LISTED FOR SALE

10321 S Old Oregon Inlet Rd Unit 10 Nags Head, NC 27959

Estimated Value: $564,000 - $721,000

7 Beds
4 Baths
1,984 Sq Ft
$332/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $399,000 $201 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,944/month

328 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Beach Box Architecture
  • Ocean View
  • Second Refrigerator
  • Furnished

About This Home

As of June 2021

Back on the market! Buyer did not qualify. Looking for a great spot for a vacation rental machine? This is it! This property has been operated as a triplex for years and years. However it only has one electric meter. Ground floor units (square footage listed in unheated living area field) have some permanent heat sources. No roads to cross to get to the beach and this property is adjacent to the community pool and play ground. Unit 10 at Geri's Place has a five bedroom home on the top floor and two efficiencies and the laundry facility on the ground floor. There have been numerous updates over the years to this entire property Enjoy almost 360 degree panoramic views of both the ocean and the Cape Hatteras National Seashore. Go to the virtual tour to see a 14 minute video of this property or go to vimeo.com and search Geri's Place unit 10. Also, contact your agent to provide you with rental and insurance information.

Last Agent to Sell the Property

Jeff Scott

Scott Team Realty License #133929 Listed on: 06/10/2020

Last Buyer's Agent

Lynn Bulman

Howard Hanna Outer Banks Realt License #201230

Howard Hanna Outer Banks Realt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,179

Year Built

  • Built in 1976

Lot Details

  • Property fronts a private road
  • Landscaped
  • Level Lot

HOA Fees

  • $183 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Beach Box Architecture
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Masonry
  • Vinyl Construction Material

Interior Spaces

  • 1,984 Sq Ft Home
  • Furnished
  • Window Treatments
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • In Ground Pool
  • Sun Deck

Utilities

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

Community Details

Overview

  • Association fees include grounds maintenance, pool
  • Jackie Dalton Association, Phone Number (252) 809-2285
  • Built by Jerry McManus
  • Geris Place Condo Subdivision

Recreation

  • Community Beach Access
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,179

Year Built

Built in 1976

Lot Details

0

HOA Fees

$183 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: On the ocean side about a quarter mile from the south end of Old Oregon Inlet Road. First building on right as you enter the cottage court.
  • Extras: Beach Access, Landscaped, Smoke Detector(s), Sun Deck
  • Headline: Cottage Court Condo Sale!
  • Heated Sq Ft: 1984
  • L V T Date: 06/10/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unheated Lvarsf: 1404
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Advertised Income 2020: 49027
  • Deed Book Pg Number: 0031
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C12366
  • 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, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 7
  • Countertops: Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Masonry
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection

Exterior Features

  • Homebuilder: Jerry McManus
  • Construction: Block, Frame, Masonry, Wood
  • Exterior: Block, Lap Siding, Vinyl
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Pool
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 2200
  • Hoa Contact: Jackie Dalton
  • HOA Contact: 252-809-2285
  • Home Owner Dwelling Insurance: 946

Lot Info

  • Lot Description: Level
  • Lot Size: Footprint
  • Deed Book: 1870

Rental Info

  • Rental Co: Managed by Homeowner
  • Rental Turnover Day: varies

Building Info

  • Year Built: 1976

Multi Family

  • No. of Units: 3

Tax Info

  • Year: 2019
  • Taxes: 3178.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2020
Closed on
Jun 15, 2021
Sold by
Dematrino Lori and Mastermonico Philip
Bought by
Robinson Leslie A and Robinson Alec
Seller's Agent
Jeff Scott
Scott Team Realty
Buyer's Agent
Lynn Bulman
Howard Hanna Outer Banks Realt
List Price
$399,900
Sold Price
$399,000
Premium/Discount to List
-$900
-0.23%
Current Estimated Value
$646,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,093
Avg. Annual Appreciation
12.99%
Original Mortgage
$299,250
Outstanding Balance
$273,866
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$385,225

Purchase Details

Closed on
Sep 10, 2010
Sold by
Geris Place Llc
Bought by
Demartino Lori

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
4.6%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Robinson Leslie A $399,000 None Available
Demartino Lori $310,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Leslie A $299,250
Previous Owner Demartino Lori $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2021 06/29/21 Sold $399,000 -0.2% $201 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $399,900 0.0% $202 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
12/01/2020 12/01/20 Price Changed $399,900 -7.9% $202 / Sq Ft
08/27/2020 08/27/20 Price Changed $434,000 -3.3% $219 / Sq Ft
06/10/2020 06/10/20 For Sale $449,000 -- $226 / 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 $2,315 $465,900 $128,500 $337,400
2023 $2,315 $479,396 $128,500 $350,896
2022 $1,920 $479,396 $128,500 $350,896
2021 $1,920 $479,396 $128,500 $350,896
2020 $1,920 $479,396 $128,500 $350,896
2019 $1,553 $319,000 $90,000 $229,000
2018 $1,553 $319,000 $90,000 $229,000
2017 $1,553 $319,000 $90,000 $229,000
2016 $1,421 $319,000 $90,000 $229,000
2014 $1,421 $319,000 $90,000 $229,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109640

Outer Banks Association of REALTORS®

APN: 027435010