NOT LISTED FOR SALE

8123 S Old Oregon Inlet Rd Unit 110 Nags Head, NC 27959

Estimated Value: $444,394 - $570,000

2 Beds
2 Baths
984 Sq Ft
$522/Sq Ft Est. Value

Last Sold May 22, 2020

Last sale price $235,000 $239 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $3,305/month

169 Days on Market

Highlights

  • Community Beach Access
  • Outdoor Pool
  • Furnished
  • Ocean Front
  • Hydromassage or Jetted Bathtub
  • Wet Bar

About This Home

As of May 2020

Semi-Oceanfront Condo on the beautiful beaches of Nags Head. Talk about a great location! This newly renovated, first floor condo features two master suites, an open floor plan, covered porches, and a wet bar. The master suite opens up to a private covered porch; the perfect spot for your morning coffee or afternoon beverage. With a glimpse of the ocean, you can hear the crashing waves and smell the salt air. The kitchen has recently been updated with new flooring, refinished cabinets, tile backsplash, and new countertops. The master bathroom also went through a recent renovation with a new floor and vanity. The condo is only steps away from the beach, which was recently widened so there’s plenty of beach for relaxing and playing. The association has two pools, private beach access, playground, grilling area, and basketball court. This condo is turn key and ready to be your primary residence, second home, or investment property! The condo also has a lot of recent updates including a new roof (2019), new HVAC (2019), and new cargo lift. The owners rented it for the first time in summer 2019; it has a lot of rental potential! 2020 dates are already booking! Check out the rental on VBRO to read reviews! https://www.vrbo.com/1556582?noDates=true

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 10/24/2019

Coldwell Banker Seaside Realty KH

Co-Listed By

Ann Taylor Lusk

Coldwell Banker Seaside Realty KH License #309078

Last Buyer's Agent

Jenna Hurdle

Howard Hanna Outer Banks Realt License #282807

Howard Hanna Outer Banks Realt

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,262

Year Built

  • Built in 1985

Lot Details

  • Ocean Front

HOA Fees

  • $415 Monthly HOA Fees

Home Design

  • Property Attached
  • Entry on the 1st floor
  • Masonry Perimeter Foundation
  • Wood Siding
  • Masonry
  • Stucco

Interior Spaces

  • 984 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Outdoor Pool
  • Covered Deck

Utilities

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

Community Details

Overview

  • Association fees include cable, common insurance, flood insurance, grounds maintenance, management, pool, sewer/septic, water
  • Barry Scott Association, Phone Number (919) 427-8041
  • Ocean Palms Condo Subdivision

Recreation

  • Community Beach Access
  • Community Playground
  • Community Pool

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,262

Year Built

Built in 1985

Lot Details

0

HOA Fees

$415 per month

Listing Details

  • Class: RESIDENTIAL
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Jet Tub, Inside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: PIERVIEW OCEANFRONT CONDOMINIUMS
  • Headline: Semi-Oceanfront Updated Condo
  • Heated Sq Ft: 984
  • L V T Date: 10/24/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 0393
  • 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: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 2
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile
  • Foundation: Masonry
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Ensuite, Wet Bar, 1st Flr Ensuite

Exterior Features

  • Construction: Masonry
  • Exterior: Stucco, Wood
  • Pool: Yes
  • Pool: Association
  • Pool Type: Outdoor, Association Pool
  • View: Ocean

Garage/Parking

  • Parking: Parking Lot, Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Sewer/Septic System: Community Septic
  • Water: Municipal

Condo/Co-op/Association

  • HOA Fee Includes: Cable, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Pool, Sewer/Septic, Water
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 4980
  • Hoa Contact: Barry Scott
  • HOA Contact: 919-427-8041

Lot Info

  • Deed Book: 1898

Rental Info

  • Est Annual Rental Income: 34189
  • Estimated Rental Performance: 0.1455
  • Rental Co: Managed by Homeowner

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2019
  • Taxes: 1262

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2019
Closed on
May 22, 2020
Sold by
Sauls Angela M and Sauls Michael K
Bought by
Wmjm Investment Llc
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Jenna Hurdle
Howard Hanna Outer Banks Realt
List Price
$274,999
Sold Price
$235,000
Premium/Discount to List
-$39,999
-14.55%
Current Estimated Value
$513,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$278,599
Avg. Annual Appreciation
15.17%
Original Mortgage
$220,000
Outstanding Balance
$156,132
Interest Rate
3.3%
Mortgage Type
Stand Alone First
Estimated Equity
$343,375

Purchase Details

Closed on
Mar 28, 2018
Sold by
Robert Chamberlain Turner
Bought by
Sisk Morgan and Sisk Kendall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.45%

Purchase Details

Listed on
Jan 27, 2012
Closed on
May 25, 2012
Sold by
Mongelli Robert C and Mongelli Carol R
Bought by
Sauls Angela M
Seller's Agent
Terry Zeigler
Zeigler Realty
Buyer's Agent
Nancy Kretz
Default, Office
List Price
$149,000
Sold Price
$133,000
Premium/Discount to List
-$16,000
-10.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.43%
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
Wmjm Investment Llc $235,000 Chicago Title Insurance Co
Sisk Morgan -- --
Sauls Angela M $133,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wmjm Investment Llc $220,000
Previous Owner Sisk Morgan $180,000
Previous Owner Sisk Morgan --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $235,000 -9.6% $239 / Sq Ft
04/10/2020 04/10/20 Pending -- -- --
12/30/2019 12/30/19 Price Changed $259,999 -5.5% $264 / Sq Ft
10/24/2019 10/24/19 For Sale $274,999 +106.8% $279 / Sq Ft
05/25/2012 05/25/12 Sold $133,000 -10.7% $135 / Sq Ft
04/19/2012 04/19/12 Pending -- -- --
01/27/2012 01/27/12 For Sale $149,000 -- $151 / 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 $2,124 $263,200 $84,000 $179,200
2023 $1,083 $270,368 $84,000 $186,368
2022 $1,083 $270,368 $84,000 $186,368
2021 $1,086 $270,368 $84,000 $186,368
2020 $1,720 $270,368 $84,000 $186,368
2019 $617 $126,200 $26,500 $99,700
2018 $0 $126,200 $26,500 $99,700
2017 $593 $126,200 $26,500 $99,700
2016 $543 $126,200 $26,500 $99,700
2014 $543 $126,200 $26,500 $99,700
Source: Public Records

Agents Affiliated with this Home

  • Heather Sakers

    Seller's Agent in 2020

    Heather Sakers

    Coldwell Banker Seaside Realty KH

    (252) 599-6814

    32 in this area

    206 Total Sales

    Heather Sakers
    Section Image
  • Ann Taylor Lusk

    Seller Co-Listing Agent in 2020

    Ann Taylor Lusk

    Coldwell Banker Seaside Realty KH

    (252) 489-9267

    10 in this area

    110 Total Sales

    Ann Taylor Lusk
    Section Image

  • J

    Buyer's Agent in 2020

    Jenna Hurdle

    Howard Hanna Outer Banks Realt

    Section Image

  • T

    Seller's Agent in 2012

    Terry Zeigler

    Zeigler Realty

    Section Image

  • N

    Buyer's Agent in 2012

    Nancy Kretz

    Default, Office

See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107069

Outer Banks Association of REALTORS®

APN: 006971004

North Carolina Dare County Nags Head 27959

8123 S Old Oregon Inlet Rd Unit 110, Nags Head, NC

This home is located at 8123 S Old Oregon Inlet Rd Unit 110, Nags Head, NC 27959 since 24 October 2019 and is currently estimated at $513,599, approximately $521 per square foot. This property was built in 1985. 8123 S Old Oregon Inlet Rd Unit 110 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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