NOT LISTED FOR SALE

7245 S Old Oregon Inlet Rd Nags Head, NC 27959

Whalebone Beaches Neighborhood

Estimated Value: $2,227,000 - $3,062,000

8 Beds
9.5 Baths
5,254 Sq Ft
$512/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $2,500,000 $476 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $16,215/month

3 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • In Ground Pool
  • 4-minute walk to Whalebone Park

About This Home

As of April 2022

The Oceanfront home you have been waiting for! OVER $230,000 IN RENTAL INCOME ALREADY BOOKED FOR 2022! This home has it all. 8 SPACIOUS BEDROOMS (each with private bath), HOME THEATER, GAME ROOM, OVERSIZED HEATED POOL, HOT TUB, ELEVATOR, STUNNING OCEAN VIEWS, GLEAMING HARDWOOD FLOORS, UPGRADED KITCHEN with GRANTE COUNTERTOPS, FRESH PAINT, PRIVATE WALKWAY TO THE BEACH and HIGH-END FURNISHINGS are sure to impress! Custom touches in this turn-key home will delight. On the top level hardwood floors and stainless-steel appliances compliment the luxurious granite counters in the spacious kitchen. The open concept living area allow the views to be the star of the show. An oversized covered deck off the living area is the perfect spot to watch the waves crashing along the shore. The dining area just off the kitchen offers lovely sound views. The spacious top floor Master suite with sound views features an oversized custom tiled shower, jet tub and a double vanity. Five more comfortable Master ensuites are located on the mid-level along with the game room overlooking the ocean and Jennette’s Pier. An entire wall of windows with a slider to the covered porch bring the outside in. On the ground level you will find two additional ensuite bedrooms along with the Home Theater. Movie night will be a treat for everyone with CUSTOM LED LIGHTING and SURROUND SOUND! Direct access to the 14x28’ oceanside pool and adjacent kitchenette are off the ground level. Volleyball and basketball hoop round out the fun. This is the perfect location. Easily walk to numerous restaurants and Jennette's Pier.

Last Agent to Sell the Property

Tammy Russell

Keller Williams - Outer Banks License #152164 Listed on: 02/24/2022

Keller Williams - Outer Banks

Last Buyer's Agent

Michael Siers

Howard Hanna Outer Banks Realty License #269494

Howard Hanna Outer Banks Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,610

Year Built

  • Built in 2004

Lot Details

  • Beach Front

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 5,254 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Tax Lot #3

Community Details

Overview

  • Dea Properties Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,610

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Headline: Stunning RENTAL MACHINE!
  • Heated Sq Ft: 5254
  • L V T Date: 02/24/2022
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2022: 235665
  • Deed Book Pg Number: 550
  • 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, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite, Laminate, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 9
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Foyer, Game Room, Pantry, Shipswatch, Home Theater
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot #3
  • Deed Book: 2452

Rental Info

  • Est Annual Rental Income: 235665
  • Estimated Rental Performance: 0.0943
  • Lease Terms: Weekly
  • Rental Co: Twiddy and Company

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2021
  • Taxes: 10609.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Apr 13, 2022
Sold by
Mchc The Gem Llc
Bought by
Mulligans Obx Llc
Seller's Agent
Tammy Russell
Keller Williams - Outer Banks
Buyer's Agent
Michael Siers
Howard Hanna Outer Banks Realty
List Price
$2,495,000
Sold Price
$2,500,000
Premium/Discount to List
$5,000
0.2%
Total Days on Market
3
Current Estimated Value
$2,689,201

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,201
Avg. Annual Appreciation
2.34%
Original Mortgage
$1,750,000
Outstanding Balance
$1,664,562
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$1,024,639

Purchase Details

Listed on
Apr 6, 2020
Closed on
Dec 17, 2020
Sold by
Philip Garfinkle Living Trust
Bought by
Mchc The Gem Llc
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Shane Collins
SERHANT North Carolina LLC
List Price
$1,799,000
Sold Price
$1,684,000
Premium/Discount to List
-$115,000
-6.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.84%
Original Mortgage
$1,347,200
Interest Rate
2.8%
Mortgage Type
New Conventional
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 Buyer Sale Price Title Company
Mulligans Obx Llc $15,000,000 Evans & Meads Pllc
Mchc The Gem Llc $1,684,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mulligans Obx Llc $1,750,000
Previous Owner Mchc The Gem Llc $1,347,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $2,500,000 +0.2% $476 / Sq Ft
02/27/2022 02/27/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $2,495,000 +48.2% $475 / Sq Ft
12/29/2020 12/29/20 Sold $1,684,000 -6.4% $321 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
04/06/2020 04/06/20 For Sale $1,799,000 -- $342 / 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 $14,296 $1,542,100 $622,300 $919,800
2023 $14,296 $1,578,892 $622,300 $956,592
2022 $6,323 $1,578,892 $622,300 $956,592
2021 $13,200 $1,578,892 $622,300 $956,592
2020 $6,323 $1,578,892 $622,300 $956,592
2019 $6,605 $1,361,100 $477,400 $883,700
2018 $6,773 $1,361,100 $477,400 $883,700
2017 $6,605 $1,361,100 $477,400 $883,700
2016 $6,043 $1,361,100 $477,400 $883,700
2014 $6,043 $1,361,100 $477,400 $883,700
Source: Public Records

Agents Affiliated with this Home

  • Tammy Russell

    Seller's Agent in 2022

    Tammy Russell

    Keller Williams - Outer Banks

    (252) 489-8054

    8 in this area

    155 Total Sales

    Tammy Russell
    Section Image
  • Michael Siers

    Buyer's Agent in 2022

    Michael Siers

    Howard Hanna Outer Banks Realty

    (252) 489-3861

    2 in this area

    213 Total Sales

    Michael Siers
    Section Image
  • Matt Myatt

    Seller's Agent in 2020

    Matt Myatt

    Keller Williams - Outer Banks

    (252) 207-6588

    3 in this area

    462 Total Sales

    Matt Myatt
    Section Image

  • T

    Seller Co-Listing Agent in 2020

    Terry Blocher

    Keller Williams - Outer Banks

    (252) 457-1906

    1 in this area

    245 Total Sales

    Terry Blocher
    Section Image
  • Shane Collins

    Buyer's Agent in 2020

    Shane Collins

    SERHANT North Carolina LLC

    (252) 202-1193

    2 in this area

    236 Total Sales

    Shane Collins
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 117767

Outer Banks Association of REALTORS®

APN: 030212000

North Carolina Dare County Nags Head 27959 Whalebone Beaches

7245 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 7245 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 24 February 2022 and is currently estimated at $2,689,201, approximately $511 per square foot. This property was built in 2004. 7245 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.

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