$450,000
SOLD JUN 29, 2015

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

3 Beds
2 Baths
1,982 Sq Ft
4.97 Acres

Recently Sold

$227 Per Sq Ft

4% Below List Price

311 Days on Market

Highlights

  • Community Beach Access
  • Hydromassage or Jetted Bathtub
  • Community Pool
  • Ocean Front
  • Furnished
  • En-Suite Primary Bedroom

About This Home

As of March 2023

Top floor oceanfront! Large three bedroom unit with great views from deck. Preferred layout with oceanfront bedroom. This is the cream of the crop. Master suite complete with Jacuzzi room and separate tiled shower. Look at the rental income! Very spacious unit with a beautiful beach. You need to see this one today before it's gone.

Last Agent to Sell the Property

Richard Hess

Sun Realty - KDH License #130782 Listed on: 07/07/2014

Last Buyer's Agent

Cathy Turner

Village Realty Holdings, LLC - NH License #187958

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,700

Year Built

  • Built in 1986

Lot Details

  • Ocean Front

HOA Fees

  • $467 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Property Attached

Interior Spaces

  • 1,982 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Ocean Views
  • Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Utilities

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

Community Details

Overview

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

Recreation

  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,700

Year Built

Built in 1986

Lot Details

0

HOA Fees

$467 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Short distance after turning in Old Oregon Inlet Rd. South Building. Straight off of elevator top .
  • Extras: Beach Access, Jet Tub
  • Headline: Top floor!
  • Heated Sq Ft: 1982
  • Sale/Rent: For Sale
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0310
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • View: Ocean

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Cooling: Heat Pump
  • 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, Grounds Maintenance, Management, Pool, Sewer/Septic, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 5600

Lot Info

  • Lot Description: Water Frontage
  • Deed Book: 1500

Rental Info

  • Est Annual Rental Income: 45000
  • Estimated Rental Performance: 0.1
  • Lease Terms: Weekly
  • Other Expenses: 250000
  • Rental Co: Sun Realty
  • Rental Cottage Number: DSA303
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2014
  • Taxes: 3700

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 Realty
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$775,000
Sold Price
$687,500
Premium/Discount to List
-$87,500
-11.29%
Total Days on Market
311
Views
26
Current Estimated Value
$738,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,928
Avg. Annual Appreciation
3.23%
Original Mortgage
$537,410
Outstanding Balance
$526,407
Interest Rate
7.38%
Mortgage Type
New Conventional
Estimated Equity
$212,021

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

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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 Type Sale Price Title Company
Warranty Deed $3,437,500 --
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $537,410 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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 Realty

    (252) 489-3861

    215 Total Sales

    Michael Siers
    Section Image
  • Stacy Siers

    Seller Co-Listing Agent in 2023

    Stacy Siers

    Howard Hanna Outer Banks Realty

    (252) 489-9451

    174 Total Sales

    Stacy Siers
    Section Image
  • Rick Drumm

    Buyer's Agent in 2023

    Rick Drumm

    Beach Realty & Construction

    (252) 305-9999

    93 Total Sales

    Rick Drumm
    Section Image
  • Richard Hess

    Seller's Agent in 2015

    Richard Hess

    Sun Realty - KDH

    (252) 256-2112

    89 Total Sales

    Richard Hess
    Section Image
  • Cathy Turner

    Buyer's Agent in 2015

    Cathy Turner

    Village Realty Holdings, LLC - NH

    (252) 449-8765

    53 Total Sales

    Cathy Turner
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84352

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

This home is located at 8111 S Old Oregon Inlet Rd Unit 303A, Nags Head, NC 27959 and is currently priced at $450,000, approximately $227 per square foot. This property was built in 1986. 8111 S Old Oregon Inlet Rd Unit 303A 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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