$705,000
SOLD MAY 30, 2025

10321 S Old Oregon Inlet Rd Unit 3 Nags Head, NC 27959

3 Beds
2 Baths
960 Sq Ft
1976 Built

Recently Sold

$734 Per Sq Ft

3% Below List Price

202 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Community Playground
  • Ocean Front
  • Beach Box Architecture
  • Forced Air Heating and Cooling System

About This Home

As of May 2025

Welcome to your dream oceanfront retreat in the Geri's Place community in South Nags Head! This 3-bedroom, 2-bath cottage blends classic beach-house charm with modern comforts, offering breathtaking views of the Atlantic and direct beach access. Wake up to stunning sunrises over the ocean, spend your days steps from the sand, and relax on the covered porch with ocean breezes in the evening.

Inside, the spacious living area and kitchen make it perfect for family getaways or entertaining. Off of the main living areas you will find 2 full bathrooms, 1 King bedroom, 1 Queen bedroom with ocean views, and a bunk room with a Queen bed. This home offers plenty of space for the entire family! Beyond the beach, the Geri’s Place community features fantastic amenities like a pool, playground, and direct beach access for endless outdoor fun.

Located in the heart of South Nags Head, this home is just minutes from iconic Outer Banks attractions like Jennette’s Pier, the Bodie Island Lighthouse, and Jockey’s Ridge. After a day of adventure, enjoy local shops and restaurants nearby.

Not only is this cottage a perfect personal retreat, but it’s also a high-performing rental property, bringing in over $75,000 in rental income in both the 2023 and 2024 seasons. Whether you’re looking for a vacation home or a great investment, this property has it all. Schedule your showing today and experience the best of coastal living!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe Brokerage Phone: 252-996-0124 License #162204 Listed on: 10/12/2024

Co-Listed By

Courtney Snearer

Midgett Realty - Rodanthe Brokerage Phone: 252-996-0124 License #309440

Last Buyer's Agent

Lynn Bulman

Howard Hanna Outer Banks Realt License #201230

Howard Hanna Outer Banks Realt

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,218

Year Built

  • Built in 1976

Home Design

  • Beach Box Architecture
  • Vinyl Siding
  • Piling Construction

Interior Spaces

  • 960 Sq Ft Home
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Unpaved Parking
  • Off-Street Parking

Utilities

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

Additional Features

  • Outdoor Pool
  • Ocean Front

Community Details

Overview

  • Association fees include management, pool

Recreation

  • Community Beach Access
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,218

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Headline: Oceanfront Income Producer!!
  • Zoning: R2
  • View Type:Pond View: Ocean
  • Co List Office Mls Id: 12002
  • Attribution Contact: C: 252-996-0124
  • Ownership: Owned More than 12 Months
  • MLS Status: (21) Sold - Sold CO OP by Member
  • Subdivision Name: None
  • Architectural Style: Beach Box
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Laminate

Exterior Features

  • Pool: Yes
  • Roof: Asphalt
  • Pool Features: Association, Outdoor Pool
  • Waterfront Features: Ocean Front
  • Foundation Details: Piling
  • Exterior: Vinyl

Garage/Parking

  • Parking Features: Off Street, Unpaved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Management, Pool
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Playground

Building Info

  • Year Built: 1976

Tax Info

  • Year: 2024
  • Tax Annual Amount: 2218.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2024
Closed on
May 16, 2025
Sold by
Sabah Vacations Llc
Bought by
5 Arrows Llc
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Lynn Bulman
Howard Hanna Outer Banks Realt
List Price
$725,000
Sold Price
$705,000
Premium/Discount to List
-$20,000
-2.76%
Views
246

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-76.32%
Original Mortgage
$528,750
Outstanding Balance
$528,750
Interest Rate
6.83%
Mortgage Type
New Conventional
Estimated Equity
$90,519

Purchase Details

Listed on
Sep 22, 2021
Closed on
Jan 21, 2022
Sold by
Geris Place Llc
Bought by
Sabah Vacations Llc
Seller's Agent
Brad Beacham
Landmark Sotheby's International Realty
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$510,000
Sold Price
$490,000
Premium/Discount to List
-$20,000
-3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.44%
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 $705,000 None Listed On Document
Warranty Deed $705,000 None Listed On Document
Warranty Deed $2,450,000 Rose Harrison Gilreath & Powre
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $528,750 New Conventional
Closed $528,750 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2025 05/30/25 Sold $705,000 +0.9% $734 / Sq Ft
05/06/2025 05/06/25 Off Market $699,000 -- --
05/02/2025 05/02/25 Pending -- -- --
04/24/2025 04/24/25 Off Market $699,000 -- --
03/28/2025 03/28/25 Pending -- -- --
11/22/2024 11/22/24 Price Changed $699,000 -3.6% $728 / Sq Ft
10/12/2024 10/12/24 For Sale $725,000 +48.0% $755 / Sq Ft
01/21/2022 01/21/22 Sold $490,000 -3.9% $510 / Sq Ft
12/01/2021 12/01/21 Pending -- -- --
11/17/2021 11/17/21 For Sale $510,000 0.0% $531 / Sq Ft
11/17/2021 11/17/21 Price Changed $510,000 -2.9% $531 / Sq Ft
09/22/2021 09/22/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $525,000 -- $547 / 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 $2,218 $244,800 $102,800 $142,000
2023 $1,003 $250,480 $102,800 $147,680
2022 $1,003 $250,480 $102,800 $147,680
2021 $1,003 $250,480 $102,800 $147,680
2020 $1,003 $250,480 $102,800 $147,680
2019 $810 $167,600 $72,000 $95,600
2018 $812 $167,600 $72,000 $95,600
2017 $810 $167,600 $72,000 $95,600
2016 $741 $167,600 $72,000 $95,600
2014 $1,598 $167,600 $72,000 $95,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 127208

Outer Banks Association of REALTORS®

APN: 027435003