$734,650
SOLD MAR 12, 2025

10321 S Old Oregon Inlet Rd Unit 11 Nags Head, NC 27959

4 Beds
4.5 Baths
2,879 Sq Ft
2,483 Sq Ft Lot

Recently Sold

$255 Per Sq Ft

23% Below List Price

206 Days on Market

Highlights

  • Community Beach Access
  • Guest House
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Community Pool

About This Home

As of March 2025

Coastal Cottage with Stunning Ocean Views in South Nags Head. Discover the charm of coastal living at this unique cottage-style condo in the quaint cottage court of Geri’s Place in South Nags Head. Located at 10321 S Old Oregon Inlet Rd, this property offers a rare opportunity to own a single-family style home within a cottage community, with direct beach access to pristine beaches and close to local attractions. The main home features 4 bedrooms and 4.5 bathrooms, while a separate guest suite adds 2 bedrooms and 1 bath. Both units can be rented separately, providing an exceptional investment opportunity. Owner Gross rents were $65,000 the past 2 years! Enjoy access to a community pool, perfect for relaxing after a day at the beach. Delight in outdoor living with expansive decks and covered porches, ideal for soaking in the warm ocean breezes. Spectacular ocean views await from the top "crows nest" deck, offering a perfect spot to watch the sunrise over the Atlantic. Recent updates include a newer fortified roof (2021), ensuring the property is in excellent condition and ready for new owners. Whether you're looking for a vacation home, rental property, or both, this cottage court residence offers versatility and charm. With direct beach access and proximity to local landmarks like the Bodie Island Lighthouse and Oregon Inlet Fishing Center, every day promises adventure and relaxation. Don't miss out on this one-of-a-kind property in South Nags Head—schedule your showing today and experience coastal living at its finest!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377 Listed on: 06/17/2024

Landmark Sotheby's International Realty

Last Buyer's Agent

Kateryna Rush

RE/MAX Coastal Associates License #317715

RE/MAX Coastal Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,808

Year Built

  • Built in 1982

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Cottage
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 2,879 Sq Ft Home
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Additional Features

  • Fiberglass Pool
  • Property fronts a private road
  • Guest House

Community Details

Overview

  • Association fees include electricity, common insurance, ground maintenance, management, pool, road maintenance
  • Geris Place Condo Subdivision

Amenities

  • Common Area

Recreation

  • Community Beach Access
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,808

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Headline: Investment Opportunity!
  • Zoning: R2
  • PropertySubType: Condominium
  • PropertyType: Residential
  • Road Surface Type: Paved, Private
  • View Type:Pond View: Ocean
  • Ownership: Owned More than 12 Months
  • MLS Status: (21) Sold - Sold CO OP by Member
  • Subdivision Name: Geris Place Condo
  • Architectural Style: Cottage, Coastal
  • ResoRoomType: Guest House
  • Pool_Type: Association
  • Condo_Type: Detached
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: 2nd Dishwasher, 2nd Refrigerator, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile, Vinyl, Laminate

Exterior Features

  • Pool: Yes
  • Roof: Asphalt
  • Pool Features: Above Ground, Association, Fiberglass, Outdoor Pool
  • Waterfront Features: 4 - lots from oceanfront (5th row)
  • Foundation Details: Piling
  • Exterior: Vinyl

Garage/Parking

  • Parking Features: Off Street

Utilities

  • Heating: Central, Heat Pump
  • Cooling: Central Air, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance
  • Association Amenities: Common Area, Ocean Access, Outdoor-Comm. Pool

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2023
  • Tax Annual Amount: 3808.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2024
Closed on
Feb 28, 2025
Sold by
Mcmanus Patrick M and Mcmanus Karina Sikorski
Bought by
Bumbarger Joseph and Bumbarger Lindsay
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Kateryna Rush
RE/MAX Coastal Associates
List Price
$949,000
Sold Price
$734,650
Premium/Discount to List
-$214,350
-22.59%
Views
157
Current Estimated Value
$729,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,972
Avg. Annual Appreciation
-2.39%
Original Mortgage
$495,000
Outstanding Balance
$492,927
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$233,762

Purchase Details

Closed on
May 14, 2010
Sold by
Geris Place Llc
Bought by
Mcmanus Patrick M and Mcmanus Karina Sikorski

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
5.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $735,000 None Listed On Document
Warranty Deed $300,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $495,000 New Conventional
Previous Owner $270,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 Sold $734,650 -1.9% $255 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
11/29/2024 11/29/24 Price Changed $749,000 -5.8% $260 / Sq Ft
10/19/2024 10/19/24 Price Changed $795,000 -6.4% $276 / Sq Ft
08/14/2024 08/14/24 Price Changed $849,000 -10.5% $295 / Sq Ft
06/17/2024 06/17/24 For Sale $949,000 -- $330 / 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 $3,960 $435,900 $128,500 $307,400
2023 $3,971 $448,196 $128,500 $319,696
2022 $1,795 $448,196 $128,500 $319,696
2021 $3,769 $448,196 $128,500 $319,696
2020 $1,795 $448,196 $128,500 $319,696
2019 $1,579 $324,300 $90,000 $234,300
2018 $1,579 $324,300 $90,000 $234,300
2017 $1,579 $324,300 $90,000 $234,300
2016 $1,445 $324,300 $90,000 $234,300
2014 $1,676 $324,300 $90,000 $234,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 126051

Outer Banks Association of REALTORS®

APN: 027435011