$490,000
SOLD JAN 21, 2022

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

3 Beds
2 Baths
960 Sq Ft
$200/mo HOA Fee

Recently Sold

$510 Per Sq Ft

4% Below List Price

70 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Rooftop Deck
  • Community Beach Access
  • In Ground Pool
  • Beach Box Architecture

About This Home

As of January 2022

South Nags Head Oceanfront Cottage!! You said you wanted Oceanfront...this is it! Vintage 3 bedroom and 2 bath cottage with unmatched beach frontage and views. This charming property is finished in classic Outer Banks styling with T&G wood walls, a covered porch, sun deck, roof top deck and a relaxed and comfortable feel. Walk out the door, take your shoes off and you are there! Part of Geri's Place Cottages, this single family home is a condo and part of the cottage court. The cottage court offers a community pool, playground, trash removal, road maintenance and grounds maintenance. The cottage has been well cared for with recent updates such as new decks, stairs and hand rails. Drain-field was replaced in 2016. Pilings are not original. About 15 years ago they were replaced with new and oceanfront depth pilings. The property is a consistent renter with over 50,000 booked for 2021. Rental projection on file from Seaside Vacations for 65,185 advertised rent and 54,990 Owner gross. Sold fully furnished and rental ready! Don't miss this opportunity!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's International Realty License #194377

Landmark Sotheby's International Realty

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,990

Year Built

  • Built in 1976

Lot Details

  • Beach Front

HOA Fees

  • $200 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 960 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Sun Deck
  • Rooftop Deck
  • Covered Deck

Utilities

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

Community Details

Overview

  • Association fees include grounds maintenance, management, pool
  • Geri Mcmanus Association, Phone Number (252) 216-8338

Recreation

  • Community Beach Access
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,990

Year Built

Built in 1976

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Screened Porch, Sun Deck, Roof Top Deck
  • Flood Zone: VE
  • Headline: Incredible Nags Head OF!
  • Heated Sq Ft: 960
  • L V T Date: 09/24/2021
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2021: 51394
  • Deed Book Pg Number: 618
  • 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: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Washer Connection

Exterior Features

  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance, Management, Pool
  • Condo Type: Detached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 2400
  • Hoa Contact: Geri McManus
  • HOA Contact: 252-216-8338

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Estimated Lot Size: 0.02
  • Deed Book: 2385

Rental Info

  • Est Annual Rental Income: 65185
  • Estimated Rental Performance: 0.133
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 1976

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 1990

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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

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

Deed History

Date Type Sale Price Title Company
Warranty Deed $2,450,000 Rose Harrison Gilreath & Powre
Source: Public Records

Source: Outer Banks Association of REALTORS®

MLS Number: 116231

Outer Banks Association of REALTORS®

APN: 027435003