NOT LISTED FOR SALE

8111 S Old Oregon Inlet Rd Unit 101B Nags Head, NC 27959

Estimated Value: $606,000 - $721,097

3 Beds
2 Baths
1,798 Sq Ft
$368/Sq Ft Est. Value

Last Sold November 01, 2022

Last sale price $676,500 $376 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $4,800/month

39 Days on Market

Highlights

  • Beach Front
  • Coastal Architecture
  • Corner Lot
  • Community Beach Access
  • Hydromassage or Jetted Bathtub
  • Granite Countertops

About This Home

As of November 2022

Sun, Sand, Sea & Solitude… all found here at this tastefully remodeled Diamond Shoals Ocean Front Condo. Recently featured on HGTV, this famous ground level corner unit is located in a section of South Nags Head known for fewer people and wide white Sandy Beaches overlooking the Dunes of the Atlantic Ocean. This conveniently located Condo allows for a quick walk or bike ride along the shore or the bike path to Jennette’s Pier, Sam & Omie’s Restaurant, Cahoon’s Market and Fat Boys Ice Cream amongst others while also being within 15 Minutes to the Cape Hatteras National Seashore. Stepping inside through the covered entryway, your eyes gravitate to the Naturally lit living spaces designed with a blend of Coastal styles and quality features. The Picture windows and sliding doors allow an enormous amount of Natural Light and have all been recently updated including new PVC siding. This beautiful remodel shows like new and includes many items such as a Grand Kitchen with Solid Wood dovetail cabinets, slow close drawers, Stainless Steel Appliances, Bar Seating and Granite counters that all flow seamlessly and exemplify top notch quality. The Living Room is a focal point and was designed with an Aura of relaxing features including a Floor to Ceiling Rock Wall, Fireplace, Large Flat Screen and recessed sound bars. All tied together with custom built in shelving. A dedicated Dining Room and sitting area are designed to flow from one room to the next with ease. Gravitating to the Outside living areas you will find an enormous amount of covered deck space with an Outdoor living theme designed to make your life by the sea one of leisure and gratitude. The Tongue & Groove Juniper accent wall leads you to the Hall with Two large Bedrooms and a Full-hall bath. The En-Suite finishes off the home with an abundance of room and storage options. Two closets and the remodeled open style bathroom designed with comfort, elegance and functionality will draw you into finishing off your day in style. The En-Suite private deck space faces the western exposure and is a favorite of the owners. This allows for some personal landscaping making this Corner unit your own private Oasis. Two extremely solid rental projections on file making this one Cash Flow positive. Call me today to schedule your private showing and see why the Outer Banks life is so special to so many.

Last Listed By

Shane Collins

SERHANT North Carolina LLC License #271508 Listed on: 08/07/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,504

Year Built

  • Built in 1986

Lot Details

  • Beach Front
  • Property fronts a private road
  • Lot includes common area
  • Landscaped
  • Corner Lot

HOA Fees

  • $792 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Property Attached
  • Masonry Perimeter Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Rubber Roof
  • Wood Siding
  • Lap Siding
  • Siding
  • Piling Construction
  • Masonry

Interior Spaces

  • 1,798 Sq Ft Home
  • Elevator
  • Electric Fireplace
  • Window Treatments
  • Bay Window
  • Entrance Foyer

Kitchen

  • Oven or Range
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Parking Lot
  • Reserved Parking

Pool

  • Outdoor Shower
  • Gunite Pool

Outdoor Features

  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, water, walkways
  • Seaside Management Association, Phone Number (252) 261-1200
  • Diamond Shoals Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,504

Year Built

Built in 1986

Lot Details

0

HOA Fees

$792 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Nags Head Beach Road to split onto S Old Oregon Inlet Road just past Jennette's Pier. Ground level unit on north end of north building.
  • Extras: Beach Access, Boardwalk to Beach, Common Laundry Area, Curbs, Covered Decks, Elevator, Jet Tub, Landscaped, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Storm Doors, Dry Entry, Inside Laundry Room
  • Flood Zone: VE, X
  • Headline: Stylish Ocean Front
  • Heated Sq Ft: 1798
  • L V T Date: 08/07/2022
  • Primary Residence: Yes
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: CR
  • Deed Book Pg Number: 526
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Granite, Solid Surface
  • Floor Coverings: Carpet, Tile, Plank, Luxury Vinyl Plank
  • Foundation: Masonry, Piling
  • Full Bathrooms: 2
  • Interior Amenities: All Window Treatments, Bay/Bow Window, Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Electric Fireplace, 1st Flr Ensuite
  • Optional Rooms: Foyer, Pantry

Exterior Features

  • Construction: Block, Frame, Masonry
  • Exterior: Lap Siding, Wood, Composite Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Gunite, Association Pool
  • Roof: Asphalt/Fiber Shingle, Rubber

Garage/Parking

  • Parking: Parking Lot, Reserved

Utilities

  • Cooling: Central, Zoned
  • Heating: Central, Forced Air
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Water, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk, Common Area
  • Association Fee: Yes
  • Estimated Annual Fee: 9500
  • Hoa Contact: Seaside Management
  • HOA Contact: 252-261-1200

Lot Info

  • Lot Description: Adj. To Common Area, Beach Frontage, Corner, Water Frontage
  • Deed Book: 2051

Rental Info

  • Est Annual Rental Income: 85000
  • Estimated Rental Performance: 0.1256
  • Other Expenses: 1488
  • Other Insurance Expenses: 1500

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2022
  • Taxes: 3503.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2022
Closed on
Nov 1, 2022
Sold by
Logan Barry W and Logan Darlene E
Bought by
Vanaskey David and Vanaskey Dianna
Seller's Agent
Shane Collins
SERHANT North Carolina LLC
Buyer's Agent
Danielle Fenyak
Outer Banks Blue Realty Srvcs.
List Price
$709,000
Sold Price
$676,500
Premium/Discount to List
-$32,500
-4.58%
Total Days on Market
39
Current Estimated Value
$661,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,134
Avg. Annual Appreciation
-0.88%
Original Mortgage
$300,000
Outstanding Balance
$290,738
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$370,628

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
Vanaskey David $3,382,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanaskey David $300,000
Previous Owner Logan Barry W $287,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2022 11/01/22 Sold $676,500 -3.2% $376 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/23/2022 08/23/22 Price Changed $699,000 -1.4% $389 / Sq Ft
08/07/2022 08/07/22 For Sale $709,000 +128.7% $394 / Sq Ft
10/09/2015 10/09/15 Sold $310,000 -19.5% $172 / Sq Ft
09/07/2015 09/07/15 Pending -- -- --
11/16/2013 11/16/13 For Sale $385,000 -- $214 / 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 $3,681 $416,600 $160,000 $256,600
2023 $1,668 $416,600 $160,000 $256,600
2022 $1,668 $416,600 $160,000 $256,600
2021 $1,668 $416,600 $160,000 $256,600
2020 $1,668 $416,600 $160,000 $256,600
2019 $1,528 $325,000 $150,000 $175,000
2018 $1,565 $325,000 $150,000 $175,000
2017 $1,528 $325,000 $150,000 $175,000
2016 $1,398 $325,000 $150,000 $175,000
2014 $3,094 $325,000 $150,000 $175,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 119986

Outer Banks Association of REALTORS®

APN: 006959013