NOT LISTED FOR SALE

118 E Oriental St Nags Head, NC 27959

Estimated Value: $1,025,705 - $1,122,000

4 Beds
2 Baths
1,358 Sq Ft
$789/Sq Ft Est. Value

Last Sold October 12, 2020

Last sale price $525,000 $387 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $6,023/month

Highlights

  • Beach Front
  • Contemporary Architecture
  • En-Suite Primary Bedroom
  • Ocean View
  • Furnished
  • Ceramic Tile Flooring

About This Home

As of October 2020

Unsurpassed Ocean Views, with ocean side wrap around deck. Open floor plan gives this home a large open feel with beautiful hardwood floors, beamed ceiling in the living room. Home has good steady rental income.

Last Agent to Sell the Property

Alex Argiroff

Keller Williams - Outer Banks License #176145 Listed on: 08/17/2020

Keller Williams - Outer Banks

Co-Listed By

Kathleen Argiroff

Keller Williams - Outer Banks License #216690

Last Buyer's Agent

Alex Argiroff

Keller Williams - Outer Banks License #176145 Listed on: 08/17/2020

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,842

Year Built

  • Built in 1975

Lot Details

  • Beach Front
  • 71 Feet of Waterfront
  • Property fronts a private road

Parking

  • Unpaved Parking

Home Design

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

Interior Spaces

  • 1,358 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views
  • Washer

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Ocean Col South Subdivision

Listing and Financial Details

  • Tax Lot #35 pt 44

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,842

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Contemporary
  • Extras: Beach Access, Ceiling Fan(s), Outside Lighting, Sun Deck
  • Flood Zone: VE
  • Heated Sq Ft: 1358
  • L V T Date: 08/18/2020
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2020: 77125
  • Deed Book Pg Number: 0666
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean
  • Water Frontage: 71

Garage/Parking

  • Parking: Unpaved

Utilities

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

Lot Info

  • Lot Description: Beach Frontage
  • Lot Number: Lot#35 pt 44
  • Deed Book: 2365

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: ESCAPE
  • Rental Cottage Number: 580
  • Rental Phone Number: 252-441-7033
  • Rental Turnover Day: SUNDAY
  • Rental Contact Email: katiegilreath@sunrealtync.com
  • Rental Contact Name: Katie Gilreath or Lisa Nicholson
  • Rental Contact Phone: 252-441-7033

Building Info

  • Year Built: 1975

Tax Info

  • Year: 2020
  • Taxes: 1842.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2025
Sold by
Klokkenga Mark E and Klokkenga Pinkaj R
Bought by
Martjuchin Paul V
Current Estimated Value
$1,071,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$629,000
Outstanding Balance
$626,760
Interest Rate
6.62%
Mortgage Type
New Conventional
Estimated Equity
$444,666

Purchase Details

Listed on
Aug 17, 2020
Closed on
Oct 9, 2020
Sold by
A Beach View Rentals Llc
Bought by
Klokkenga Mark E and Klokkenga Pinkaj R
Seller's Agent
Alex Argiroff
Keller Williams - Outer Banks
Buyer's Agent
Alex Argiroff
Keller Williams - Outer Banks
List Price
$565,000
Sold Price
$525,000
Premium/Discount to List
-$40,000
-7.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.61%
Original Mortgage
$472,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2014
Sold by
Alley Carol Lee Consolvo and Alley Scott Michael
Bought by
Schaefer James M and Schaefer Jennifer P

Purchase Details

Closed on
Aug 22, 2007
Sold by
Owens Terry W and Owens Marilyn B
Bought by
Alley Carol Lee Consolvo and Alley Scott Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Interest Rate
6.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Martjuchin Paul V $1,087,500 None Listed On Document
Martjuchin Paul V $1,087,500 None Listed On Document
Klokkenga Mark E $525,000 None Available
Schaefer James M -- None Available
Alley Carol Lee Consolvo $360,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martjuchin Paul V $629,000
Closed Martjuchin Paul V $629,000
Previous Owner Klokkenga Mark E $472,500
Previous Owner Alley Carol Lee Consolvo $239,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2020 10/12/20 Sold $525,000 -7.1% $387 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/17/2020 08/17/20 For Sale $565,000 -- $416 / 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
2025 $5,057 $832,600 $378,000 $454,600
2024 $4,054 $447,100 $153,900 $293,200
2023 $1,838 $458,828 $153,900 $304,928
2022 $1,838 $458,828 $153,900 $304,928
2021 $3,859 $458,828 $153,900 $304,928
2020 $1,838 $458,828 $153,900 $304,928
2019 $958 $196,000 $41,300 $154,700
2018 $958 $196,000 $41,300 $154,700
2017 $940 $192,400 $41,300 $151,100
2016 $860 $192,400 $41,300 $151,100
2014 $994 $192,400 $41,300 $151,100
Source: Public Records

Agents Affiliated with this Home

  • Alex Argiroff

    Seller's Agent in 2020

    Alex Argiroff

    Keller Williams - Outer Banks

    (252) 202-8148

    12 in this area

    156 Total Sales

    Alex Argiroff
    Section Image
  • Kathleen Argiroff

    Seller Co-Listing Agent in 2020

    Kathleen Argiroff

    Keller Williams - Outer Banks

    (252) 202-8147

    10 in this area

    142 Total Sales

    Kathleen Argiroff
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110609

Outer Banks Association of REALTORS®

APN: 008986000

North Carolina Dare County Nags Head 27959

118 E Oriental St, Nags Head, NC

Not Listed for Sale

Detached

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