NOT LISTED FOR SALE

8111 S Old Oregon Inlet Rd Unit 103-A Nags Head, NC 27959

Estimated Value: $601,331 - $803,000

3 Beds
2 Baths
1,904 Sq Ft
$352/Sq Ft Est. Value

Last Sold March 10, 2016

Last sale price $368,000 $193 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,539/month

274 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Furnished
  • Ocean Front
  • Hydromassage or Jetted Bathtub
  • Granite Countertops

About This Home

As of March 2016

If you love spacious oceanfront condominiums with sophisticated design features you have found your condo. This fabulous property has been renovated with a totally new upscale kitchen, master bath and hall bath as well as new paint, carpet, furniture and tv's. Every room has been tastefully decorated. There is a fireplace in the living area for cozy spring and fall nights. The condo association has also recently replaced the swimming pool, decking and walkway to the beach. Luxury living with 3 bedrooms, 2 baths and a large Jacuzzi in the master bedroom suite. A true home away from home! The location of the unit is very private and quiet and being on the first floor makes it so easy to get all your gear to and from the beach, not to mention, packing and unpacking the car is a breeze! Did I mention the beach? Thanks to the beach nourishment, you will enjoy a huge beach with plenty of room to spread out while enjoying the safety the dunes provide.

Last Listed By

Randy Jones

EXP Realty, LLC - Coastal License #187811 Listed on: 04/23/2015

EXP Realty, LLC - Coastal

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,421

Year Built

  • Built in 1986

Lot Details

  • 4.97

HOA Fees

  • $467 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Property Attached

Interior Spaces

  • 1,904 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Community Sewer or Septic

Additional Features

  • Outdoor Pool
  • Ocean Front

Listing and Financial Details

  • Tax Block 2

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, flood insurance, grounds maintenance, management, pool, sewer/septic, walkways
  • Julia Rogers Association, Phone Number (703) 928-9048
  • Diamond Shoals Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,421

Year Built

Built in 1986

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Class: RESIDENTIAL
  • Extras: Beach Access, Jet Tub
  • Headline: Newly Renovated Condo!
  • Heated Sq Ft: 1904
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 0015
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Some Windows Treated, Wood Fireplace

Exterior Features

  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Cable, Common Electric, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 5600
  • Hoa Contact: Julia Rogers
  • HOA Contact: 703-928-9048

Lot Info

  • Deed Book: 1501

Rental Info

  • Est Annual Rental Income: 28000
  • Estimated Rental Performance: 0.0761
  • Rental Co: Resort Realty
  • Rental Cottage Name: Beach Music
  • Rental Cottage Number: 5732
  • Rental Phone Number: 252-441-5000
  • Rental Turnover Day: Sun

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2014
  • Taxes: 1421

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2015
Closed on
Mar 4, 2016
Sold by
Lea Denise L
Bought by
Lippitt Jeff and Lippitt Cecile
Seller's Agent
Randy Jones
EXP Realty, LLC - Coastal
Buyer's Agent
Greg Green
Village Realty Holdings, LLC - NH
List Price
$399,875
Sold Price
$368,000
Premium/Discount to List
-$31,875
-7.97%
Total Days on Market
274
Current Estimated Value
$669,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$301,833
Original Mortgage
$319,500
Interest Rate
3.65%
Mortgage Type
New Conventional

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
Lippitt Jeff $368,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippitt Jeffrey William $307,500
Closed Lippitt Jeff $319,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2016 03/10/16 Sold $368,000 -8.0% $193 / Sq Ft
01/22/2016 01/22/16 Pending -- -- --
04/23/2015 04/23/15 For Sale $399,875 -- $210 / 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 $3,873 $427,300 $150,000 $277,300
2023 $3,873 $438,392 $150,000 $288,392
2022 $1,756 $438,392 $150,000 $288,392
2021 $1,756 $438,392 $150,000 $288,392
2020 $1,756 $438,392 $150,000 $288,392
2019 $1,553 $321,900 $150,000 $171,900
2018 $1,557 $321,900 $150,000 $171,900
2017 $1,553 $321,900 $150,000 $171,900
2016 $1,421 $321,900 $150,000 $171,900
2014 $3,064 $321,900 $150,000 $171,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 87805

Outer Banks Association of REALTORS®

APN: 006959003