$1,080,000
SOLD APR 11, 2017

8103 S Old Oregon Inlet Rd Nags Head, NC 27959

9 Beds
8 Baths
4,225 Sq Ft
0.44 Acres

Recently Sold

$256 Per Sq Ft

10% Below List Price

241 Days on Market

Highlights

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

About This Home

As of April 2021

This 9 Bedroom Oceanfront is ideally located in S. Nags Head just past Jennette's Pier and Sam and Omies Restaurant with OCEAN to SOUND VISTAS! It is decked out with everything you want and need...Heated Pool, Granite Counters, Dog Run, Volleyball Court, Hot Tub, Oceanfront with Endless Ocean Views and a Sound View Screened Porch (SUNSETS ARE AMAZING!!), Built-in Outdoor Grill, Game Room, 55" Smart TV, and 2 Master Bedrooms! This is truly a home not to miss and will not last at this price! UPDATES include: NEWER Carpet, Bedding, TV's, Hot Tub (approx. 3 yrs old), NEW Cement Board SIDING and Paint 2012, Granite Counters, Furnishings throughout, Tiki Bar, Outdoor Furniture, and Dog Run! Walk into the Ground Level where you can play all day with a game of Pool, cool off by the Wet Bar with Fridge, or lounge in the media area with a sleep sofa, arm chair, flat screen TV AND Xbox 360 with Kinect. There are also 2 bedrooms on this floor. Step outside to the Heated Private Pool, Hot Tub, Built-in Gas Grill, and Beach Access. The pool fence is also decked out with Solar Lights which look really cool after dark! The mid level offers 5 more bedrooms including 2 King bed Oceanfront rooms (1 a Master) with access to the Oceanside Covered Deck. The top level boasts an Open Plan Kitchen, Dining and Living area with Granite Counters, Stainless Refrigerator, Dining table Seating for 14 plus Breakfast Bar Seating for 7, SOUND VIEW Screened Porch with additional Seating for 4, Game Table overlooking the Ocean, Gas Fireplace, and a 55" Smart TV. There is also another private Master Suite on the top level complete with a Jacuzzi tub. Rentals are an impressive $135,000+ for 2016 so far...over 11% Gross Rental Return! **Currently a 13% management fee with Carolina Designs. Seller has signed thru 2017, and CD will honor the 13% mgmt fee thru 2017**

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 06/28/2016

Coldwell Banker Seaside Realty KH

Co-Listed By

Charles Gill

Coldwell Banker Seaside Realty KH License #273660

Last Buyer's Agent

Everette Jennings

OBXBROKER L.L.P License #280195

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,880

Year Built

  • Built in 1999

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

  • 4,225 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
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Community Details

  • Bodie Isl Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 23 / 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,880

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: S. onto Old Oregon Inlet Road. Peachy Pink House just past Jennette's Pier on Oceanfront.
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: VE
  • Headline: OCEANFRONT ~ 11%+ GRR
  • Heated Sq Ft: 4225
  • L V T Date: 06/29/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 389
  • Office License Number: C7166
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 9
  • Bedroom 1: KING MST, On Level: 2
  • Bedroom 2: KING MST, On Level: 1
  • Bedroom 3: KING, On Level: 1
  • Bedroom 4: KING, On Level: 1
  • Bedroom 5: QUEEN, On Level: 1
  • Bedroom 6: QUEEN, On Level: 1
  • Bedroom 7: QUEEN, On Level: Ground
  • Bedroom 8: BUNK BEDS, On Level: Ground
  • Kitchen: OCEAN VIEW, On Level: 2
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Dining Room: OCEAN VIEW, On Level: 2
  • Game Room: POOL TABLE, On Level: Ground
  • Living Room: OCEAN VIEW, On Level: 2
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: OCEANSIDE
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: SOUND VIEW
  • Sun Deck Size: OCEANFRONT
  • View: Ocean, Sound

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 5958

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 23
  • Deed Book: 1860

Rental Info

  • Est Annual Rental Income: 144510
  • Estimated Rental Performance: 0.1338
  • Flood Expenses: 751
  • Other Expenses: 401
  • Poolspa Expense: 2795
  • Rental Co: Carolina Designs
  • Rental Cottage Name: Sail Away
  • Rental Cottage Number: 692
  • Rental Phone Number: 800-368-3825
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1992
  • Annual Electric: 5321
  • Annual Water Expense: 2419

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2015
  • Taxes: 6880.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2021
Sold by
Globevest Capjtal Real Estate Lp
Bought by
Globevest Capital Real Estate Us Lp
Current Estimated Value
$2,471,414

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,157,000
Outstanding Balance
$2,008,139
Interest Rate
3.11%
Mortgage Type
Commercial
Estimated Equity
$463,275

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 23, 2021
Sold by
Davis Douglas T and Davis Laura A
Bought by
Globevest Capital Real Estate Lp
Seller's Agent
Brook Sparks
Coldwell Banker Seaside Realty KH
Buyer's Agent
Brook Sparks
Coldwell Banker Seaside Realty KH
List Price
$1,750,000
Sold Price
$1,865,000
Premium/Discount to List
$115,000
6.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.80%

Purchase Details

Listed on
Jun 28, 2016
Closed on
Mar 15, 2017
Sold by
Mcdermott Glenn R and Parker Rebecca Anne
Bought by
Davis Douglas T and Davis Laura A
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Everette Jennings
OBXBROKER L.L.P
List Price
$1,199,000
Sold Price
$1,080,000
Premium/Discount to List
-$119,000
-9.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.48%

Purchase Details

Closed on
Mar 11, 2011
Sold by
Ely John H and Ely Kay T
Bought by
Mcdermott Glenn R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.76%
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Warranty Deed $1,865,000 None Available
Warranty Deed $1,080,000 None Available
Warranty Deed $839,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,157,000 Commercial
Previous Owner $413,000 New Conventional
Previous Owner $3,137,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $417,000 New Conventional
Previous Owner $525,000 New Conventional
Previous Owner $1,142,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $1,865,000 +6.6% $455 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $1,750,000 +62.0% $427 / Sq Ft
04/11/2017 04/11/17 Sold $1,080,000 -9.9% $256 / Sq Ft
02/24/2017 02/24/17 Pending -- -- --
06/28/2016 06/28/16 For Sale $1,199,000 -- $284 / 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 $6,333 $1,200,100 $622,300 $577,800
2023 $6,333 $1,223,212 $622,300 $600,912
2022 $4,899 $1,223,212 $622,300 $600,912
2021 $5,388 $1,223,212 $622,300 $600,912
2020 $4,899 $1,223,212 $622,300 $600,912
2019 $4,639 $962,100 $462,300 $499,800
2018 $4,639 $962,100 $462,300 $499,800
2017 $4,639 $962,100 $462,300 $499,800
2016 $4,244 $962,100 $462,300 $499,800
2014 $9,209 $962,100 $462,300 $499,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 92936

Outer Banks Association of REALTORS®

APN: 006958000