NOT LISTED FOR SALE

8027 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,781,000 - $2,417,000

8 Beds
5.5 Baths
3,872 Sq Ft
$553/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $2,175,000 $562 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $12,863/month

117 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Coastal Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of April 2022

Fabulous opportunity to own the Oceanfront Beach House of your Dreams. Beachgoers, Fisherman and Surfer's Delight located just down the Beach/Street from Jeanette's Pier in the desirable South Nags Head area. Enjoy Beautiful Sunrises & Ocean-Views from the back decks and Sunsets & Sound-Views from the front porches in this well maintained property that has been upgraded throughout Can you say NEW UPDATES? 2021 UPDATES: New Refrigerator, New Stove and Ice-maker, New Refrigerator on lower level, New Pool Table, New Outdoor Lighting & Electrical Outlets, New Window Blinds (entire house) 2020 UPDATES: New HVAC top floor, New recessed lighting with LED bulbs, Two more New bathrooms on middle floor plus 1/2 bath on top floor, New furniture in front screened-in porch. 2019 UPDATES: NEW ROOF, NEW SIDING, New HVAC Lower level & Middle level, New Kitchen/Wet Bar, New High-End Outdoor Furniture everywhere, New Custom Master Bathroom, New Living room Furniture, ALL New Dining room tables and chairs. 2018 UPDATES: New Sliding Doors ALL 3 levels, New Floors lower and middle level. 2017 UPDATE: New Hot tub. All new everything over the last few years including but not limited to bedroom furniture, mattresses, tables, chairs appliances, sheets, pillows, blanket sets, sofas, bathrooms, etc. Home hasn't recently been in a rental program, but the rental income potential is unlimited. Two different Rental projections are on file showing around $265,000 or more in income potential per year which is around 12% Gross ROI. Close to Restaurants, Shops, Fishing Piers and the World Famous Fishheads Bar & Grill. Schedule your showing today!

Last Agent to Sell the Property

Jeff Kluger

Coldwell Banker Seaside Realty KH License #275932 Listed on: 11/04/2021

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,737

Year Built

  • Built in 1998

Lot Details

  • 0.42 Acre Lot
  • Beach Front
  • 50 Feet of Waterfront
  • Level Lot

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,872 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Bodie Isl Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block #16 / 1

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,737

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Extras: Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Storm Doors, Sun Deck, Dry Entry
  • Flood Zone: AO
  • Subdivision Name: Bodie Island Beach
  • Headline: Updated Oceanfront Beauty
  • Heated Sq Ft: 3872
  • L V T Date: 11/04/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 265
  • 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: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator, Wine Cooler
  • Bedrooms: 8
  • Countertops: Solid Surface, Quartz
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean, Sound
  • Water Frontage: 50

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 18500
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Faces: East
  • Lot Number: Lot #16
  • Estimated Lot Size: 0.42
  • Deed Book: 2018

Building Info

  • Year Built: 1998

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2021
  • Taxes: 7737.25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2014
Closed on
Apr 21, 2015
Sold by
M And L Acquisition Llc
Bought by
Suhoski William and Suhoski Michele
Seller's Agent
Elizabeth Cloninger
Pirates Cove Realty
Buyer's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
List Price
$945,000
Sold Price
$825,000
Premium/Discount to List
-$120,000
-12.7%
Total Days on Market
117
Current Estimated Value
$2,141,066

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,316,066
Avg. Annual Appreciation
9.88%

Purchase Details

Closed on
Dec 15, 2008
Sold by
Larabee Lawrence N and Larabee Margaret S
Bought by
M & L Acquisitions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Interest Rate
6.38%
Mortgage Type
Future Advance Clause Open End Mortgage
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
Suhoski William -- None Available
M & L Acquisitions Llc $1,350,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanlesser Glenn A $1,500,000
Previous Owner M & L Acquisitions Llc $910,000
Previous Owner M & L Acquisitions Llc $1,080,000
Previous Owner Larabee Lawrence N $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $2,175,000 -3.3% $562 / Sq Ft
03/01/2022 03/01/22 Pending -- -- --
12/31/2021 12/31/21 For Sale $2,249,900 0.0% $581 / Sq Ft
11/11/2021 11/11/21 Pending -- -- --
11/04/2021 11/04/21 For Sale $2,249,900 +172.7% $581 / Sq Ft
04/30/2015 04/30/15 Sold $825,000 -12.7% $213 / Sq Ft
03/16/2015 03/16/15 Pending -- -- --
07/13/2014 07/13/14 For Sale $945,000 -- $244 / 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 $10,678 $1,139,600 $617,500 $522,100
2023 $4,585 $1,144,884 $617,500 $527,384
2022 $4,585 $1,144,884 $617,500 $527,384
2021 $9,628 $1,144,884 $617,500 $527,384
2020 $4,585 $1,144,884 $617,500 $527,384
2019 $4,389 $911,100 $458,600 $452,500
2018 $4,389 $911,100 $458,600 $452,500
2017 $4,389 $911,100 $458,600 $452,500
2016 $4,015 $911,100 $458,600 $452,500
2014 $8,691 $911,100 $458,600 $452,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116702

Outer Banks Association of REALTORS®

APN: 012217002