$133,000
SOLD MAY 25, 2012

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

2 Beds
2 Baths
984 Sq Ft
$260/mo HOA Fee

Recently Sold

$135 Per Sq Ft

11% Below List Price

83 Days on Market

Highlights

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

About This Home

As of May 2020

Furnished South Nags Head condo unit. Ready to rent! Walk to Jennette's Pier and NC Aquarium. Close to shopping and restaurants. Beach access to recently re-nourished beach. Owners blocked many weeks, potential for improved rental income exists. New hot water heater and range in 2011.

Last Agent to Sell the Property

Terry Zeigler

Zeigler Realty License #271177 Listed on: 01/27/2012

Last Buyer's Agent

Nancy Kretz

Default, Office License #175509

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $431

Year Built

  • Built in 1985

Lot Details

  • Beach Front

HOA Fees

  • $260 Monthly HOA Fees

Parking

  • Paved Parking

Home Design

  • Wood Siding
  • Masonry
  • Stucco

Interior Spaces

  • 984 Sq Ft Home
  • Wet Bar
  • Furnished
  • Wood Burning Fireplace
  • Window Treatments
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

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

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Home Security

Utilities

  • Central Heating and Cooling System
  • 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, pool, sewer/septic, water
  • Bodie Island Resort Condo Subdivision

Recreation

  • Community Playground
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$431

Year Built

Built in 1985

Lot Details

0

HOA Fees

$260 per month

Listing Details

  • Class: RESIDENTIAL
  • Directions: Pass Jennettes Pier.Left on S Old Oregon Inlet Rd.Bodie Isl Resort on left.Look for Mosaic on bldg.
  • Extras: Beach Access, Jet Tub, Smoke Detector(s)
  • Headline: REDUCED PRICE
  • Heated Sq Ft: 984
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 284
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Disposal, Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 2
  • Floor Coverings: Carpet, Vinyl
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Ice Maker Connection, Some Windows Treated, Wet Bar, Wood Fireplace

Exterior Features

  • Construction: Masonry
  • Exterior: Stucco, Wood
  • View: Ocean

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, 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, Pool, Sewer/Septic, Water
  • Association Amenities: Outdoor-Comm. Pool, Playground
  • Association Fee: Yes
  • Estimated Annual Fee: 3120

Lot Info

  • Lot Description: Beach Frontage
  • Deed Book: 1752

Rental Info

  • Est Annual Rental Income: 9000
  • Estimated Rental Performance: 0.0677
  • Lease Terms: Weekly
  • Rental Co: Shoreline Preferred Properties
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1985

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 431.23

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 Realty
List Price
$274,999
Sold Price
$235,000
Premium/Discount to List
-$39,999
-14.55%
Total Days on Market
83
Current Estimated Value
$482,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,293
Avg. Annual Appreciation
15.33%
Original Mortgage
$220,000
Outstanding Balance
$160,588
Interest Rate
3.3%
Mortgage Type
Stand Alone First
Estimated Equity
$321,705

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
10.38%
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $235,000 Chicago Title Insurance Co
Deed -- --
Warranty Deed $133,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $220,000 Stand Alone First
Previous Owner $180,000 No Value Available
Previous Owner -- No Value Available
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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 73300

Outer Banks Association of REALTORS®

APN: 006971004