NOT LISTED FOR SALE

7239 S Old Oregon Inlet Rd Nags Head, NC 27959

Whalebone Beaches Neighborhood

Estimated Value: $1,910,000 - $3,234,000

8 Beds
9.5 Baths
5,143 Sq Ft
$504/Sq Ft Est. Value

Last Sold February 26, 2016

Last sale price $1,245,000 $242 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $15,167/month

146 Days on Market

Highlights

  • Ocean Front
  • Gunite Pool
  • Coastal Architecture
  • Beach Access
  • 30,000 Sq Ft lot
  • 3-minute walk to Whalebone Park

About This Home

As of February 2016

SOUTH NAGS OCEANFRONT. BUILT IN 2005! This 8 bedroom/9.5 bath is located just south of Jennett's Pier. Lots of great amenities for you and your renters. Elevator, Sports Bar, Game Room, Private oceanfront heated concrete pool with a built in kiddie pool. Boardwalk to beach, covered decks, outdoor shower, poolside bath, security system. There are many more great features you will uncover as you preview the home. Lots of Potential for great rental income. Great location, a short walk to Sam & Omie's for breakfast.

Last Agent to Sell the Property

Alex Argiroff

Keller Williams - Outer Banks License #176145 Listed on: 09/21/2015

Keller Williams - Outer Banks

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction License #141499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,213

Year Built

  • Built in 2005

Lot Details

  • 0.69 Acre Lot
  • Ocean Front
  • Landscaped
  • Sprinkler System

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 5,143 Sq Ft Home
  • Elevator
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Library
  • Game Room
  • Utility Room
  • Dryer
  • Ocean Views

Kitchen

  • Built-In Oven
  • Built-In Range
  • Plumbed For Ice Maker
  • Second Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Accessible

Pool

  • Gunite Pool
  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Tax Lot 1

Community Details

Overview

  • Dea Properties Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,213

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Bank Owned: Yes
  • Directions: 1st house South of Jennett's Pier on the Oceanfront
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Handicap Friendly, Jet Tub, Landscaped, Lawn Sprinklers, Outside Lighting, Outside Shower, Security System, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: DEA Properties
  • Headline: OCEANFRONT BUILT 2005!
  • Heated Sq Ft: 5143
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 0133
  • Special Features: 20
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Wall Oven, 2nd Dishwasher
  • Bedrooms: 8
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 9
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Library/Study, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Gunite, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 30000
  • Lot Description: Water Frontage
  • Lot Number: Lot 1
  • Deed Book: 2030

Rental Info

  • Est Annual Rental Income: 150000
  • Estimated Rental Performance: 0.1205
  • Other Expenses: 511200

Building Info

  • Year Built: 2005

Tax Info

  • Year: 2014
  • Taxes: 6213

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2015
Closed on
Feb 19, 2016
Sold by
U S Bank Trust N A
Bought by
Beach Rentals Vii Llc
Seller's Agent
Alex Argiroff
Keller Williams - Outer Banks
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$1,375,000
Sold Price
$1,245,000
Premium/Discount to List
-$130,000
-9.45%
Total Days on Market
146
Current Estimated Value
$2,589,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,344,778
Avg. Annual Appreciation
8.19%

Purchase Details

Closed on
Aug 24, 2015
Sold by
Jpmorgan Chase Bank National Association
Bought by
Us Bank Trust Na and Lsf9 Master Participation Trust

Purchase Details

Closed on
Jul 26, 2011
Sold by
Anderson Leroy L and Anderson Jean B
Bought by
Good Day Sunshine Llc
Source: Public Records

Similar Homes in Nags Head, NC

  • 8225 S Old Oregon Inlet Rd Unit 52, Nags Head, NC 27959

    $2,999,999

    • 8 Beds
    • 10 Baths
    • 4,997 Sq Ft
    • 8225 S Old Oregon Inlet Rd
    • Unit 52
    • Nags Head, NC

    This stunning oceanfront home is the ultimate investment opportunity, offering both luxury living and impressive rental income. Featuring 8 spacious bedrooms—each with its own ensuite bathroom—this home is designed for comfort, privacy, and unforgettable coastal experiences. Relax by the heated saltwater pool and hot tub, serve drinks at the tiki bar, take in the ocean breeze sitting out in the

    Sarah Pritchard SAGA Realty and Construction

    Section Image
  • 9213 S Old Oregon Inlet Rd, Nags Head, NC 27959

    $2,790,000

    • 8 Beds
    • 9.5 Baths
    • 5,258 Sq Ft
    • 9213 S Old Oregon Inlet Rd
    • Nags Head, NC

    LUXURIOUS COASTAL RETREAT WITH UNPARALLELED OCEAN TO SOUND VIEWS Discover the epitome of coastal living in this extraordinary 8-bedroom home, perfectly situated just a few blocks south of the iconic Outer Banks Pier in Nags Head. Boasting spectacular ocean to sound views, this meticulously maintained property is a favorite among discerning renters. Each of the eight spacious bedrooms features a

    Jeff Ferrence Basnight Realty

    Section Image
  • 9213 S Old Oregon Inlet Rd Unit Lot 10, Nags Head, NC 27959

    $2,650,000

    • 8 Beds
    • 9.5 Baths
    • 5,258 Sq Ft
    • 9213 S Old Oregon Inlet Rd
    • Unit Lot 10
    • Nags Head, NC

    LUXURIOUS COASTAL RETREAT WITH UNPARALLELED OCEAN TO SOUND VIEWS Discover the epitome of coastal living in this extraordinary 8-bedroom home, perfectly situated just a few blocks south of the iconic Outer Banks Pier in Nags Head. Boasting spectacular ocean to sound views, this meticulously maintained property is a favorite among discerning renters.Each of the eight spacious bedrooms features a

    Sell OBX Team Basnight Realty

    Section Image
See All Homes in Nags Head

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Beach Rentals Vii Llc -- Attorney
Us Bank Trust Na -- Attorney
Good Day Sunshine Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Andereson Leroy L $1,557,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2016 02/26/16 Sold $1,245,000 -9.5% $242 / Sq Ft
02/14/2016 02/14/16 Pending -- -- --
09/21/2015 09/21/15 For Sale $1,375,000 -- $267 / 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 $8,383 $1,626,700 $674,500 $952,200
2023 $8,383 $1,664,788 $674,500 $990,288
2022 $6,667 $1,664,788 $674,500 $990,288
2021 $6,667 $1,664,788 $674,500 $990,288
2020 $13,583 $1,664,788 $674,500 $990,288
2019 $6,791 $1,400,400 $511,200 $889,200
2018 $6,791 $1,400,400 $511,200 $889,200
2017 $6,791 $1,400,400 $511,200 $889,200
2016 $6,213 $1,400,400 $511,200 $889,200
2014 $13,429 $1,400,400 $511,200 $889,200
Source: Public Records

Agents Affiliated with this Home

  • Alex Argiroff

    Seller's Agent in 2016

    Alex Argiroff

    Keller Williams - Outer Banks

    (252) 202-8148

    178 Total Sales

    Alex Argiroff
    Section Image
  • Rick Drumm

    Buyer's Agent in 2016

    Rick Drumm

    Beach Realty & Construction

    (252) 305-9999

    93 Total Sales

    Rick Drumm
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89638

Outer Banks Association of REALTORS®

APN: 030210000

North Carolina Dare County Nags Head 27959 Whalebone Beaches

7239 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 7239 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 21 September 2015 and is currently estimated at $2,589,778, approximately $503 per square foot. This property was built in 2005. 7239 S Old Oregon Inlet Rd is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes