NOT LISTED FOR SALE

8111 S Old Oregon Inlet Rd Unit 303A Nags Head, NC 27959

Estimated Value: $710,000 - $2,137,000

3 Beds
2 Baths
1,904 Sq Ft
$577/Sq Ft Est. Value

Last Sold March 01, 2023

Last sale price $687,500 $361 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $6,740/month

71 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Furnished
  • Community Beach Access
  • Outdoor Pool
  • Covered Deck

About This Home

As of March 2023

Top floor Ocean front in Diamond Shoals now Available. Views from most of this three bedroom unit. Upgraded main bathroom/ spacious bedroom. Open floor plan allows for natural light. Elevator is convenient to this unit. Pool on site. Pictures say it all

Last Agent to Sell the Property

Michael Siers

Howard Hanna Outer Banks Realt License #269494 Listed on: 10/25/2022

Howard Hanna Outer Banks Realt

Co-Listed By

Stacy Siers

Howard Hanna Outer Banks Realt License #253800

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction License #141499

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,669

Year Built

  • Built in 1986

Lot Details

  • Beach Front

HOA Fees

  • $792 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 3rd floor

Interior Spaces

  • 1,904 Sq Ft Home
  • Elevator
  • Furnished
  • Electric Fireplace
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Covered Deck
  • Exterior Lighting

Utilities

  • Heat Pump 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, 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

$3,669

Year Built

Built in 1986

Lot Details

0

HOA Fees

$792 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: South at Whalebone, property almost a mile on left. South Building
  • Extras: Covered Decks, Elevator, Outside Lighting, Smoke Detector(s)
  • Flood Zone: VE, X
  • Headline: Unobstructed Ocean View
  • Heated Sq Ft: 1904
  • L V T Date: 10/25/2022
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: CR
  • Deed Book Pg Number: 0594
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C32879
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • 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: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Luxury Vinyl Plank
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Electric Fireplace

Exterior Features

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

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, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, 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: Beach Frontage, Water Frontage
  • Deed Book: 2030

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Contact Email: MollyEngelken@sunrealtync.com
  • Rental Contact Name: Molly Engelken at Sun Realty
  • Rental Contact Phone: 252-441-7033 Ext 3503

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2022
  • Taxes: 3669

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2022
Closed on
Feb 28, 2023
Sold by
Rouhani Farhang and Rouhani Thomas J
Bought by
Miriello Michael P and Miriello Megan
Seller's Agent
Michael Siers
Howard Hanna Outer Banks Realt
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$775,000
Sold Price
$687,500
Premium/Discount to List
-$87,500
-11.29%
Views
26
Current Estimated Value
$1,097,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$410,233
Avg. Annual Appreciation
19.23%
Original Mortgage
$537,410
Outstanding Balance
$523,505
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$574,228

Purchase Details

Listed on
Jul 7, 2014
Closed on
Jun 23, 2015
Sold by
The Second Hess Family Llc
Bought by
Rouhani Farhang and Linneman Thomas J
Seller's Agent
Richard Hess
Sun Realty - KDH
Buyer's Agent
Cathy Turner
Village Realty Holdings, LLC - NH
List Price
$469,900
Sold Price
$450,000
Premium/Discount to List
-$19,900
-4.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.67%
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
Miriello Michael P $3,437,500 --
Rouhani Farhang -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miriello Michael P $537,410
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/01/2023 03/01/23 Sold $687,500 -11.3% $361 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
10/25/2022 10/25/22 For Sale $775,000 +72.2% $407 / Sq Ft
06/29/2015 06/29/15 Sold $450,000 -4.2% $227 / Sq Ft View Prior Sale
05/14/2015 05/14/15 Pending -- -- --
07/07/2014 07/07/14 For Sale $469,900 -- $237 / 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
2025 $2,426 $715,100 $295,000 $420,100
2024 $2,624 $533,200 $280,000 $253,200
2023 $2,624 $543,328 $280,000 $263,328
2022 $2,176 $543,328 $280,000 $263,328
2021 $2,176 $543,328 $280,000 $263,328
2020 $2,176 $543,328 $280,000 $263,328
2019 $2,023 $421,900 $250,000 $171,900
2018 $2,027 $421,900 $250,000 $171,900
2017 $2,027 $421,900 $250,000 $171,900
2016 $1,851 $421,900 $250,000 $171,900
2014 $2,140 $421,900 $250,000 $171,900
Source: Public Records

Agents Affiliated with this Home

  • Michael Siers

    Seller's Agent in 2023

    Michael Siers

    Howard Hanna Outer Banks Realt

    (252) 489-3861

    72 in this area

    197 Total Sales

    Michael Siers
    Section Image
  • Stacy Siers

    Seller Co-Listing Agent in 2023

    Stacy Siers

    Howard Hanna Outer Banks Realt

    (252) 489-9451

    56 in this area

    154 Total Sales

    Stacy Siers
    Section Image
  • Rick Drumm

    Buyer's Agent in 2023

    Rick Drumm

    Beach Realty & Construction

    (252) 305-9999

    26 in this area

    80 Total Sales

    Rick Drumm
    Section Image
  • Richard Hess

    Seller's Agent in 2015

    Richard Hess

    Sun Realty - KDH

    (252) 256-2112

    14 in this area

    87 Total Sales

    Richard Hess
    Section Image
  • Cathy Turner

    Buyer's Agent in 2015

    Cathy Turner

    Village Realty Holdings, LLC - NH

    (252) 449-8765

    15 in this area

    50 Total Sales

    Cathy Turner
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120657

Outer Banks Association of REALTORS®

APN: 006959011

North Carolina Dare County Nags Head 27959

8111 S Old Oregon Inlet Rd Unit 303A, Nags Head, NC

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