NOT LISTED FOR SALE

8111 S Old Oregon Inlet Rd Unit 202B Nags Head, NC 27959

Estimated Value: $648,000 - $882,000

3 Beds
2 Baths
1,904 Sq Ft
$416/Sq Ft Est. Value

Last Sold July 28, 2021

Last sale price $660,000 $347 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $5,122/month

10 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Coastal Architecture
  • Community Beach Access
  • Outdoor Pool
  • Furnished

About This Home

As of July 2021

Absolutely stunning Diamond Shoals second floor unit with panoramic views of the Atlantic Ocean. The owners have been meticulous in regularly updating the unit since their purchase in 2012. The kitchen and both bathrooms have had stunning renovations (check out the shower photos!), the floor was recently replaced with LVP, there is new carpet and new mattresses. The massive family room windows allow spectacular views from just about anywhere, or step outside onto your covered deck and enjoy the smells of the ocean breeze. Not a single detail has been overlooked - even replacing the old fireplace with an electric one! And that's just the interior! Diamond Shoals has also gone through a major exterior renovation including a large portion of siding - and the dune in front of the buildings is a small fortress so plenty of protection from storms. This is a totally turnkey opportunity for some lucky buyer whether you are looking for an income producing property or a fantastic second home!

Last Agent to Sell the Property

Laurie Battaglia

Coastal Outer Banks Realty License #271667 Listed on: 06/17/2021

Last Buyer's Agent

Missi Dermatas

Outer Banks Realty Group License #302232

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,997

Year Built

  • Built in 1986

Lot Details

  • Beach Front

HOA Fees

  • $833 Monthly HOA Fees

Home Design

  • Coastal Architecture
  • Property Attached
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 1,904 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Carpet
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot
  • Reserved Parking

Outdoor Features

  • Outdoor Pool
  • Covered Deck

Utilities

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

Community Details

Overview

  • Association fees include building maintenance, common electric, common insurance, flood insurance, grounds maintenance, management, pool, walkways
  • Seaside Mgmt Association
  • Diamond Shoals Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,997

Year Built

Built in 1986

Lot Details

0

HOA Fees

$833 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Elevator, Smoke Detector(s), Inside Laundry Room
  • Headline: Gorgeous Unit - Stunning Views
  • Heated Sq Ft: 1904
  • L V T Date: 06/17/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 56737
  • Advertised Income 2021: 69765
  • Deed Book Pg Number: 0132
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24808
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Granite
  • Floor Coverings: Carpet, Vinyl Tile, Plank
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection, Electric Fireplace

Exterior Features

  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Paved, Reserved

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 10000
  • Hoa Contact: Seaside Mgmt
  • HOA Contact: Shannon Bracy
  • Home Owner Dwelling Insurance: 847

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 1891

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Annual Cable TV Expense: 1018
  • Annual Electric: 1227

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2020
  • Taxes: 3996.76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Jul 28, 2021
Sold by
Hillard Jeffrey C and Hillard Deborah A
Bought by
Gone Coastal Holdings Llc
Seller's Agent
Laurie Battaglia
Coastal Outer Banks Realty
Buyer's Agent
Missi Dermatas
Outer Banks Realty Group
List Price
$695,000
Sold Price
$660,000
Premium/Discount to List
-$35,000
-5.04%
Current Estimated Value
$750,520

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,520
Avg. Annual Appreciation
4.61%

Purchase Details

Closed on
Mar 9, 2012
Sold by
Ferrante Ricardo and Ferrante September
Bought by
Hillard Jeffrey C and Hillard Deborah A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2006
Sold by
Harris William K and Harris Sharon M
Bought by
Ferrante Ricardo and Ferrante September
Source: Public Records

Range of Values:

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Average Value
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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
Gone Coastal Holdings Llc $660,000 None Available
Hillard Jeffrey C $452,500 None Available
Ferrante Ricardo $560,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hillard Jeffrey C $337,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2021 07/28/21 Sold $660,000 -5.0% $347 / Sq Ft
06/27/2021 06/27/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $695,000 -- $365 / 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 $2,383 $483,200 $230,000 $253,200
2023 $2,334 $483,200 $230,000 $253,200
2022 $1,976 $493,328 $230,000 $263,328
2021 $1,980 $493,328 $230,000 $263,328
2020 $3,993 $493,328 $230,000 $263,328
2019 $1,976 $411,900 $240,000 $171,900
2018 $1,976 $411,900 $240,000 $171,900
2017 $1,976 $411,900 $240,000 $171,900
2016 $1,808 $411,900 $240,000 $171,900
2014 $2,090 $411,900 $240,000 $171,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114864

Outer Banks Association of REALTORS®

APN: 006959018