NOT LISTED FOR SALE

8111 S Old Oregon Inlet Rd Unit 301A Nags Head, NC 27959

Estimated Value: $644,000 - $877,000

3 Beds
2 Baths
1,798 Sq Ft
$435/Sq Ft Est. Value

Last Sold June 05, 2020

Last sale price $580,000 $323 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $5,359/month

8 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Furnished
  • Community Beach Access
  • Outdoor Pool
  • Granite Countertops

About This Home

As of June 2020

Rare opportunity to own a third floor corner unit with a wrap around covered porch in Diamond Shoals. This 3 bedroom 2 bath layout is larger than most stand alone beach boxes. You'll love the open concept and spacious design with panoramic ocean views. This fabulous property features; silestone countertops, custom tile backsplash, stainless steel refrigerator, dishwasher, and microwave. A pampering master bathroom with private water closet and upscale tile shower, wood laminate flooring, and his and her vanity with granite countertops. The entire interior is freshly painted, newer carpet, furniture and tv's. This property is turnkey and consistently generates between $45,000 and $55,000 depending on family using during peak season. Thanks to beach nourishment you will enjoy a huge beach with plenty of room for social distancing and dune protection. The condo association has also recently replaced the exterior siding and oceanside decking.

Last Listed By

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 05/08/2020

Coldwell Banker Seaside Realty - KDH

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,165

Year Built

  • Built in 1986

Lot Details

  • Beach Front

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Property Attached
  • Masonry Perimeter Foundation
  • Asphalt Shingled Roof
  • Siding

Interior Spaces

  • 1,798 Sq Ft Home
  • Elevator
  • Furnished
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Covered Deck
  • Exterior Lighting
  • Storage Shed

Utilities

  • 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, common electric, common insurance, grounds maintenance, management, pool, sewer/septic, water, walkways
  • Diamond Shoals Subdivision

Amenities

  • Common Area

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,165

Year Built

Built in 1986

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: South of Whalebone Junction, Building A is the building on the south side.
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Elevator, Outside Lighting, Smoke Detector(s), Storage Shed, Inside Laundry Room
  • Flood Zone: AE
  • Headline: Ocnfrnt Top Floor Corner Unit
  • Heated Sq Ft: 1798
  • L V T Date: 05/08/2020
  • Roads: Public
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 37110
  • Deed Book Pg Number: 0060
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • 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, Washer
  • Bedrooms: 3
  • Countertops: Granite, Silestone
  • Floor Coverings: Carpet, Tile
  • Foundation: Masonry
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite, Walk in Closet

Exterior Features

  • Exterior: Composite Siding
  • Pool: Yes
  • Pool: Association
  • Pool Type: Association Pool
  • Roof: Asphalt/Fiber Shingle
  • 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, Common Electric, Common 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: 6600

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: WB 13E

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Peebles Paradise
  • Rental Cottage Number: DS301
  • Rental Contact Email: LauraPayne@villagerealtyobx.com
  • Rental Contact Name: Laura Payne
  • Rental Contact Phone: 252.480.2200

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2019
  • Taxes: 4164.6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2020
Closed on
Jun 5, 2020
Sold by
Peebles Sharon S and Sharon S Peebles Revocable Tru
Bought by
Hapke Llc
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Gray Berryman
Carolina Designs Realty
List Price
$599,999
Sold Price
$580,000
Premium/Discount to List
-$19,999
-3.33%
Total Days on Market
8
Current Estimated Value
$782,740

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,740
Avg. Annual Appreciation
6.20%

Purchase Details

Listed on
Nov 5, 2012
Closed on
Feb 25, 2013
Sold by
Mccartney Susan M and Kissinger Laurie Ann
Bought by
Peebles Sharon S and Sharon S Peebles Revocable Trust
Seller's Agent
Richard Hess
Sun Realty - KDH
Buyer's Agent
Randy Nance
Coastal Carolina Vacations
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.37%

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
Hapke Llc $580,000 None Available
Peebles Sharon S $425,000 Chicago Title Insurance Comp
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cook Brian Robert $295,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/05/2020 06/05/20 Sold $580,000 -3.3% $323 / Sq Ft
05/16/2020 05/16/20 Pending -- -- --
05/08/2020 05/08/20 For Sale $599,999 +41.2% $334 / Sq Ft
03/01/2013 03/01/13 Sold $425,000 -5.6% $226 / Sq Ft
02/15/2013 02/15/13 Pending -- -- --
11/05/2012 11/05/12 For Sale $450,000 -- $239 / 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 $5,134 $569,900 $290,000 $279,900
2023 $2,327 $581,096 $290,000 $291,096
2022 $2,327 $581,096 $290,000 $291,096
2021 $2,327 $581,096 $290,000 $291,096
2020 $2,327 $581,096 $290,000 $291,096
2019 $2,035 $424,200 $250,000 $174,200
2018 $2,035 $424,200 $250,000 $174,200
2017 $2,035 $424,200 $250,000 $174,200
2016 $1,862 $424,200 $250,000 $174,200
2014 $1,862 $424,200 $250,000 $174,200
Source: Public Records

Agents Affiliated with this Home

  • Heather VanderMyde

    Seller's Agent in 2020

    Heather VanderMyde

    Coldwell Banker Seaside Realty - KDH

    (252) 202-2375

    490 Total Sales

    Heather VanderMyde
    Section Image
  • Gray Berryman

    Buyer's Agent in 2020

    Gray Berryman

    Carolina Designs Realty

    (252) 573-9503

    213 Total Sales

    Gray Berryman
    Section Image
  • Richard Hess

    Seller's Agent in 2013

    Richard Hess

    Sun Realty - KDH

    (252) 256-2112

    90 Total Sales

    Richard Hess
    Section Image
  • Randy Nance

    Buyer's Agent in 2013

    Randy Nance

    Coastal Carolina Vacations

    (252) 202-3374

    55 Total Sales

    Randy Nance
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 109178

Outer Banks Association of REALTORS®

APN: 006959009

North Carolina Dare County Nags Head 27959

8111 S Old Oregon Inlet Rd Unit 301A, Nags Head, NC

Homes for Sale in Nags Head, NC

This home is located at 8111 S Old Oregon Inlet Rd Unit 301A, Nags Head, NC 27959 since 08 May 2020 and is currently estimated at $782,740, approximately $435 per square foot. This property was built in 1986. 8111 S Old Oregon Inlet Rd Unit 301A is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

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