$825,000
SOLD APR 30, 2015

8027 S Old Oregon Inlet Rd Nags Head, NC 27959

8 Beds
5.5 Baths
3,872 Sq Ft
0.66 Acres

Recently Sold

$213 Per Sq Ft

13% Below List Price

246 Days on Market

Highlights

  • Beach Front
  • Heated Above Ground Pool
  • Second Refrigerator
  • Ocean View
  • 28,750 Sq Ft lot
  • Coastal Architecture

About This Home

As of April 2022

OCEANFRONT WITH INCREDIBLE INCOME POTENTIAL. ONLY STEPS TO JENNETTE'S PIER. THIS 8BR, 5BA INVESTMENT PROPERTY IS DESIGNED WITH A REVERSE FLOOR-PLAN THAT ACCOMMODATES 21 PEOPLE. THE GREAT ROOM OFFERS SPECTACULAR OCEAN VIEWS AND HAS BAMBOO FLOORS, CATHEDRAL CEILING, GAS FIREPLACE, WET BAR AND ACCESS TO EXPANSIVE SUN DECKS OR A PRIVATE-SCREENED-IN PORCH. THE KITCHEN HAS STAINLESS APPLIANCES, CUSTOM CABINETS AND EAT-ON BAR THAT OFFERS ADDITIONAL COUNTER SPACE AND STORAGE. THE LOWER LEVEL HAS CERAMIC TILE FLOORING, NEW INTERIOR PAINT, TWO BEDROOMS WITH JACK-AND-JILL BATH, WET BAR AND EASY ACCESS TO THE SWIMMING POOL, 8 PERSON HOT TUB, VOLLEYBALL COURT, PUTTING GREEN, AND OR COURSE, THE BEACH! THIS PROPERTY HAS AN ESTABLISHED RENTAL HISTORY WITH ROOM TO GROW! NEW HVAC SYSTEMS.

Last Agent to Sell the Property

Elizabeth Cloninger

Pirates Cove Realty License #270965 Listed on: 07/13/2014

Pirates Cove Realty

Last Buyer's Agent

Jeff Kluger

Coldwell Banker Seaside Realty KH License #275932

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,751

Year Built

  • Built in 1998

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 50 x 576
  • Beach Front
  • 50 Feet of Waterfront

Parking

  • Paved Parking

Home Design

  • Coastal Architecture
  • 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
  • Family Room
  • Dining Room
  • Game Room
  • Screened Porch
  • Utility Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Pool

  • Heated Above Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck

Utilities

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

Community Details

  • Bodie Isl Beach Subdivision

Listing and Financial Details

  • Tax Lot 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,751

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Just South of Jennette's Pier
  • Extras: Ceiling Fan(s), Hot Tub, Jet Tub, Outside Shower, Screened Porch, Smoke Detector(s), Storm Doors, Sun Deck
  • Flood Zone: AE
  • Headline: $133K Projected GRI
  • Heated Sq Ft: 3872
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0094
  • 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
  • Bedrooms: 8
  • Bedroom 1: MBR, On Level: 3
  • Bedroom 2: King, On Level: 2
  • Bedroom 3: King, On Level: 2
  • Bedroom 4: Full, On Level: 2
  • Bedroom 5: Twin, On Level: 2
  • Bedroom 6: Twin, On Level: 1
  • Bedroom 7: Twin, On Level: 1
  • Bedroom 8: Full, On Level: 1
  • Kitchen: On Level: 3
  • Floor Coverings: Carpet, Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Dining Room: On Level: 3
  • Family Room: On Level: 3
  • Game Room: On Level: 1
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved

Utilities

  • Cooling: Central
  • Heating: Electric, Forced Air
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 6303

Lot Info

  • Estimated Lot Sq Ft: 28750
  • Lot Description: Beach Frontage
  • Lot Size: 50 X 576
  • Lot Number: Lot 16
  • Deed Book: 1787

Rental Info

  • Est Annual Rental Income: 133320
  • Estimated Rental Performance: 0.1616
  • Flood Expenses: 2003
  • Lease Terms: Weekly
  • Poolspa Expense: 2000
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Sails III
  • Rental Cottage Number: 812
  • Rental Phone Number: 261-5500
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1970
  • Annual Electric: 4976
  • Annual Telephone Expense: 720
  • Annual Water Expense: 532

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2014
  • Taxes: 8750.64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2021
Closed on
Mar 25, 2022
Sold by
Suhoski William and Suhoski Michele
Bought by
Vanlesser Glenn A and Vanlesser Faith R
Seller's Agent
Jeff Kluger
Coldwell Banker Seaside Realty KH
Buyer's Agent
Matt Myatt
Keller Williams - Outer Banks
List Price
$2,249,900
Sold Price
$2,175,000
Premium/Discount to List
-$74,900
-3.33%
Current Estimated Value
$2,195,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,540
Avg. Annual Appreciation
1.62%
Original Mortgage
$1,500,000
Outstanding Balance
$1,406,601
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$886,947

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%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.94%

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 Type Sale Price Title Company
Warranty Deed $2,175,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $1,350,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,500,000 New Conventional
Closed $1,500,000 New Conventional
Previous Owner $910,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $1,080,000 Future Advance Clause Open End Mortgage
Previous Owner $417,000 New Conventional
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: 84491

Outer Banks Association of REALTORS®

APN: 012217002