8114 S Old Oregon Inlet Rd Nags Head, NC 27959
Estimated Value: $1,171,000 - $1,427,000
4
Beds
5.5
Baths
2,860
Sq Ft
$457/Sq Ft
Est. Value
Highlights
- Ocean View
- Rooftop Deck
- Cathedral Ceiling
- In Ground Pool
- Craftsman Architecture
- Furnished
About This Home
As of September 2023This 'better than new', very high quality, true second home, is a rare and unique modern Outer Banks home opportunity.......as all the work has been done for you....a custom designed & built home, with all high quality materials, offering private pool & elevator, landscaped and fenced grounds, very well furnished and accessorized inside and out, in a great Nags Head Semi-Oceanfront location, ready for immediate enjoyment! Condition and quality must be seen to be appreciated! Designed by Seaswept Designs, built by Victor Pugh, this property offers high quality, low maintenance, modern building materials, at just 5 years young, with very light second home use, providing 'ease of ownership' for years to come. Outside offers fully sodded & irrigated grounds, large fenced rear yard, salt water pool, ample front and rear decking, garage, tankless water heater, and large extra storage area. Exterior materials include Pella Windows and Sliders, Smartsiding, wrapped pilings, Architectural Grade roof shingles, gutters, & high-end, low maintenance composite decking and railings throughout, all the highest quality craftsmanship. Covered and uncovered front and rear decking, with ocean views, and sound / sunset views over parkland from the rear. The interior features Luxury Vinyl Plank flooring, wainscoting, NH trim patterns, ALL the bathrooms are high-end, with tile floors, quality vanities, custom mosaic tile showers, granite vanity tops, and quality fixtures. Upscale kitchen with granite counters, tile backsplash, quality Harmony wood cabinetry, crown molding & under cabinet lighting, and stainless appliances. Comfortable and open floorplan, providing expansive top floor great room with 14' ceilings, gas fireplace with custom wood and tile surround, open dining & bar top area, plenty of space for all. Top floor en-suite bedroom, and powder room. Mid level offers 3 additional comfortable en-suite bedrooms, and a rec / media room with granite wet bar, serviced by a full hall bathroom, providing common area or extra sleeping options, and laundry room. Elevator service from the ground floor to all levels, ample storage inside and out. Great Nags Head Semi-Oceanfront location, just one property from the Atlantic Ocean and wide South Nags Head Beaches, backing up to Cape Hatteras National Seashore parkland, centrally located walking distance to Jennette's Pier, Sam & Omie's, Owens, and all the Whalebone Junction area offers, and via detached bike path to Fish Head's at Outer Banks Pier for Oceanfront dining and drinks, close to Manteo and Oregon Inlet. This family property is fully furnished with high quality Manteo Furniture designer pieces, in like new condition, plenty of polywood exterior furniture & cushions, high quality electronics throughout (6 large mounted TV's), fully stocked kitchen, high quality window treatments, just sentimental personal original wall art is excluded from sale (see exclusions list). This property is clean, clean, clean...very rare to find a modern '5 yr young' home opportunity, and there is lot of value here, as this property could not be reproduced & refurnished for this value. Choose to continue lots of personal family use with this home, and / or take advantage of lucrative vacation rental income potential, as this desirable property offers everything vacationing guests desire, with $115,278 annual owner income rental projection from Village Realty. Act now to virtually or personally tour this unique opportunity.
Last Agent to Sell the Property
Outer Banks Realty Group License #188389 Listed on: 07/11/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,927
Year Built
- Built in 2017
Lot Details
- Fenced Yard
- Landscaped
- Level Lot
- Sprinkler System
- Property is zoned R2
Property Views
- Ocean
- Park or Greenbelt
Home Design
- Craftsman Architecture
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
- Siding
- Piling Construction
Interior Spaces
- 2,860 Sq Ft Home
- Elevator
- Furnished
- Cathedral Ceiling
- Ceiling Fan
- Gas Fireplace
- Window Treatments
- Game Room
- Workshop
- Utility Room
- Fire and Smoke Detector
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Ice Maker
- Dishwasher
- Granite Countertops
Flooring
- Tile
- Luxury Vinyl Plank Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Garage
- Tuck Under Parking
- Garage Door Opener
- Off-Street Parking
Pool
- In Ground Pool
- Fiberglass Pool
- Outdoor Pool
- Saltwater Pool
- Outdoor Shower
Outdoor Features
- Sun Deck
- Rooftop Deck
- Covered Deck
- Patio
- Exterior Lighting
- Storage Shed
Utilities
- Central Air
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Community Details
- Built by Victor Pugh
- Bodie Isl Beach Subdivision
Listing and Financial Details
- Legal Lot and Block 162 / 9
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 11, 2023
Closed on
Sep 6, 2023
Sold by
Glr Beach House Llc
Bought by
Smith Kenneth K and Smith Pamela
Seller's Agent
Mark Massey
Outer Banks Realty Group
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$1,425,000
Sold Price
$1,400,000
Premium/Discount to List
-$25,000
-1.75%
Total Days on Market
10
Views
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$93,621
Avg. Annual Appreciation
-4.01%
Original Mortgage
$850,000
Outstanding Balance
$832,391
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$473,988
Similar Homes in Nags Head, NC
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Kenneth K | $8,400,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Kenneth K | $850,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2023 09/27/23 | Sold | $1,400,000 | -1.8% | $490 / Sq Ft |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- |
| 07/11/2023 07/11/23 | For Sale | $1,425,000 | +650.0% | $498 / Sq Ft |
| 01/25/2017 01/25/17 | Sold | $190,000 | -2.6% | -- |
| 12/22/2016 12/22/16 | Pending | -- | -- | -- |
| 03/09/2016 03/09/16 | For Sale | $195,000 | -- | -- |
Source: Outer Banks Association of REALTORS®
Tax History Compared to Growth
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 | $5,221 | $691,500 | $213,100 | $478,400 |
| 2023 | $2,451 | $691,500 | $213,100 | $478,400 |
| 2022 | $2,769 | $691,500 | $213,100 | $478,400 |
| 2021 | $2,769 | $691,500 | $213,100 | $478,400 |
| 2020 | $4,572 | $691,500 | $213,100 | $478,400 |
| 2019 | $2,740 | $582,900 | $196,500 | $386,400 |
| 2018 | $0 | $452,700 | $196,500 | $256,200 |
| 2017 | $924 | $196,500 | $196,500 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Massey
Seller's Agent in 2023
Mark Massey
Outer Banks Realty Group
(252) 202-4335
77 Total Sales
-
Trisha Midgett
Buyer's Agent in 2023
Trisha Midgett
Midgett Realty - Rodanthe
(252) 996-0124
1,307 Total Sales
-
Michael Milteer
M
Buyer Co-Listing Agent in 2023
Michael Milteer
Midgett Realty - Rodanthe
(757) 653-4878
195 Total Sales
-
Michael Davenport
Seller's Agent in 2017
Michael Davenport
Sun Realty - KDH
(252) 202-6113
143 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 122744
APN: 007836001
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