NOT LISTED FOR SALE

8111 S Old Oregon Inlet Rd Unit 104-B Nags Head, NC 27959

Estimated Value: $568,695 - $855,000

3 Beds
2 Baths
1,800 Sq Ft
$467/mo HOA Fee

Last Sold May 02, 2014

Last sale price $325,000 $181 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $4,190/month

536 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Furnished
  • Community Beach Access
  • Coastal Architecture
  • Patio

About This Home

As of May 2014

This oceanfront condo located on the first floor in Diamond Shoals, one of the nicest communities on the Outer Banks. Well maintained and located on the newly re-nourished wide beach in Nags Head this condo has everything you need. Spacious floor plan with plenty of room for the whole family and close to the new Jennettes Pier, dining and shopping. Fully furnished and just steps away from the pool and beach. Listen to ocean waves as you sit on your large deck or relax in the jacuzzi tube after a great day on the beach. If you area looking for a 2nd home or rental this unit is great for both. The owners use the unit often but when they don't its rented. Without owners weeks this unit can generate $35,000 and does $26,000+ with owners taking 8 weeks. Just had a fresh coat of interior paint in Oct 2012!!This fully furnished unit is ready for a new owner!!

Last Agent to Sell the Property

Matt Huband

OBX Realty Group, LLC License #223529 Listed on: 09/29/2012

Last Buyer's Agent

Charles Crawley

Beach Realty & Construction License #129856

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,629

Year Built

  • Built in 1986

Lot Details

  • Beach Front

HOA Fees

  • $467 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

  • Coastal Architecture
  • Frame Construction
  • Wood Siding
  • Shake Siding
  • Masonry

Interior Spaces

  • 1,800 Sq Ft Home
  • Furnished
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Patio
  • Storage Shed

Utilities

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

Listing and Financial Details

  • Tax Block 2

Community Details

Overview

  • Association fees include building maintenance, cable, common electric, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, water, walkways
  • Diamond Shoals Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,629

Year Built

Built in 1986

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Just past Jennettes Pier going south on left
  • Extras: Beach Access, Boardwalk to Beach, Patio, Storage Shed
  • Subdivision Name: Diamond Shoals Condos
  • Headline: Oceanfront condo great rentals
  • Heated Sq Ft: 1800
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res Condo
  • Deed Book Pg Number: 0200
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Floor Coverings: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments

Exterior Features

  • Construction: Frame, Masonry, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool Type: Outdoor, In Ground

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Central
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • 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
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 5600

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Deed Book: 1682

Rental Info

  • Est Annual Rental Income: 36000
  • Estimated Rental Performance: 0.1108
  • Rental Co: Sun Realty
  • Rental Cottage Name: Shore Delight
  • Rental Cottage Number: DSB-104
  • Rental Phone Number: 441-7033
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1986

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2013
  • Taxes: 1629

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2012
Closed on
Apr 14, 2014
Sold by
Hogg Pamela M
Bought by
Mccauley Lawrence Y and Mccauley Michele C
Seller's Agent
Matt Huband
OBX Realty Group, LLC
Buyer's Agent
Charles Crawley
Beach Realty & Construction
List Price
$369,999
Sold Price
$325,000
Premium/Discount to List
-$44,999
-12.16%
Current Estimated Value
$651,883

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,883
Avg. Annual Appreciation
6.78%
Original Mortgage
$292,500
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2006
Sold by
Hogg Pamela M and Woodland Hogg O
Bought by
Hogg Pamela M and Pamela M Hogg Revocable Living Trust
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Mccauley Lawrence Y $325,000 None Available
Hogg Pamela M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mccauley Lawrence Y $243,000
Closed Mccauley Lawrence Y $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2014 05/02/14 Sold $325,000 -12.2% $181 / Sq Ft
03/19/2014 03/19/14 Pending -- -- --
09/29/2012 09/29/12 For Sale $369,999 -- $206 / 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 $2,054 $414,000 $160,000 $254,000
2023 $3,747 $424,160 $160,000 $264,160
2022 $1,710 $426,864 $160,000 $266,864
2021 $1,710 $426,864 $160,000 $266,864
2020 $1,710 $426,864 $160,000 $266,864
2019 $1,569 $325,000 $150,000 $175,000
2018 $1,569 $325,000 $150,000 $175,000
2017 $1,569 $325,000 $150,000 $175,000
2016 $1,435 $325,000 $150,000 $175,000
2014 $1,439 $325,000 $150,000 $175,000
Source: Public Records

Agents Affiliated with this Home

  • Matt Huband

    Seller's Agent in 2014

    Matt Huband

    OBX Realty Group, LLC

    (252) 255-0221

    5 in this area

    83 Total Sales

    Section Image

  • C

    Buyer's Agent in 2014

    Charles Crawley

    Beach Realty & Construction

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76433

Outer Banks Association of REALTORS®

APN: 006959016

North Carolina Dare County Nags Head 27959

8111 S Old Oregon Inlet Rd Unit 104-B, Nags Head, NC

This home is located at 8111 S Old Oregon Inlet Rd Unit 104-B, Nags Head, NC 27959 since 29 September 2012 and is currently estimated at $682,424, approximately $379 per square foot. This property was built in 1986. 8111 S Old Oregon Inlet Rd Unit 104-B is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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