NOT LISTED FOR SALE

8119 S Old Oregon Inlet Rd Unit 104 Nags Head, NC 27959

Estimated Value: $528,761 - $649,000

2 Beds
2 Baths
1,280 Sq Ft
$455/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $405,000 $316 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,916/month

33 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Dumbwaiter
  • Community Beach Access
  • In Ground Pool
  • Furnished

About This Home

As of April 2021

Totally RENOVATED Oceanfront condo with ALL SPECIAL ASSESSMENTS FOR RECONSTRUCTION ALREADY PAID BY SELLERS. From later 2019 to early 2021, the Yachtsman condo interiors were taken down to the studs. All new drywall, carpet and tile, electrical, plumbing, fixtures, appliances, countertops, EVERYTHING! New roof on the building and new siding. This unit is completely turnkey and conveniently located on the first floor - so very few stairs to climb! Great ocean views, a ground floor storage room for your beach things, and two decks to enjoy! Perfect location just south of Jennette's Pier in close proximity to restaurants and shops.

Last Agent to Sell the Property

Laurie Battaglia

Coastal Outer Banks Realty License #271667 Listed on: 02/02/2021

Last Buyer's Agent

Nancy Bailey

Beach Realty & Construction License #219477

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 1986

Lot Details

  • Beach Front

HOA Fees

  • $600 Monthly HOA Fees

Parking

  • Parking Lot

Home Design

  • Property Attached
  • Asphalt Shingled Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Dumbwaiter
  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Outdoor Features

  • In Ground Pool
  • Covered Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • 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, sewer/septic
  • Signature Touch Properties Association, Phone Number (252) 441-8857
  • Yachtsman Cond Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,095

Year Built

Built in 1986

Lot Details

0

HOA Fees

$600 per month

Listing Details

  • Class: RESIDENTIAL
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Smoke Detector(s), Storage Shed, Dumbwaiter/Lift, Inside Laundry Room
  • Headline: Great Views-Totally Renovated!
  • Heated Sq Ft: 1280
  • L V T Date: 02/03/2021
  • Roads: Paved
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0619
  • 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, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 2
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ensuite, Washer Connection, Wet Bar

Exterior Features

  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, In Ground, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Forced Air, 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, Sewer/Septic
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 7200
  • Hoa Contact: Signature Touch Properties
  • HOA Contact: 252-441-8857

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Deed Book: 2234

Rental Info

  • Est Annual Rental Income: 38881
  • Estimated Rental Performance: 0.096
  • Lease Terms: Variable
  • Rental Co: KEES Vacation Rentals
  • Rental Cottage Name: Wave Crasher
  • Rental Turnover Day: Varies
  • Rental Contact Name: Kees Owner Services

Building Info

  • Year Built: 1986

Tax Info

  • Year: 2020
  • Taxes: 2095.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2021
Closed on
Apr 23, 2021
Sold by
Gerber Vicki Lynn and Merchant Dale Stephen
Bought by
Tazza Thomas S and Tazza Kay M
Seller's Agent
Laurie Battaglia
Coastal Outer Banks Realty
Buyer's Agent
Nancy Bailey
Beach Realty & Construction
List Price
$405,000
Sold Price
$405,000
Current Estimated Value
$574,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,806
Avg. Annual Appreciation
8.84%
Original Mortgage
$324,000
Outstanding Balance
$296,109
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$286,331

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 20, 2018
Sold by
Russell Carolyn A
Bought by
Gerber Vicki L and Merchant Dale S
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Laurie Battaglia
Coastal Outer Banks Realty
List Price
$280,000
Sold Price
$263,000
Premium/Discount to List
-$17,000
-6.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.59%
Original Mortgage
$236,700
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 27, 2005
Sold by
Oliver H Ronald and Oliver Sandra M
Bought by
Russell Carolyn Adele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
5.51%
Mortgage Type
New Conventional
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
Tazza Thomas S $405,000 None Available
Gerber Vicki L $263,000 --
Russell Carolyn Adele $425,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tazza Thomas S $324,000
Previous Owner Gerber Vicki L $236,700
Previous Owner Russell Carolyn Adele $318,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/23/2021 04/23/21 Sold $405,000 0.0% $316 / Sq Ft
03/07/2021 03/07/21 Pending -- -- --
02/10/2021 02/10/21 For Sale $405,000 0.0% $316 / Sq Ft
02/05/2021 02/05/21 Pending -- -- --
02/02/2021 02/02/21 For Sale $405,000 +54.0% $316 / Sq Ft
05/01/2018 05/01/18 Sold $263,000 -2.4% $205 / Sq Ft
04/02/2018 04/02/18 Pending -- -- --
03/26/2018 03/26/18 Price Changed $269,500 -3.8% $211 / Sq Ft
03/01/2018 03/01/18 For Sale $280,000 -- $219 / 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 $1,707 $345,700 $155,000 $190,700
2023 $1,415 $353,328 $155,000 $198,328
2022 $1,415 $353,328 $155,000 $198,328
2021 $1,018 $254,216 $155,000 $99,216
2020 $1,058 $264,216 $165,000 $99,216
2019 $1,158 $239,800 $110,000 $129,800
2018 $1,158 $239,800 $110,000 $129,800
2017 $1,158 $239,800 $110,000 $129,800
2016 $1,059 $239,800 $110,000 $129,800
2014 $1,059 $239,800 $110,000 $129,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 112702

Outer Banks Association of REALTORS®

APN: 006968104