8123 S Old Oregon Inlet Rd Unit 204 Nags Head, NC 27959
Estimated Value: $479,365 - $547,000
2
Beds
2
Baths
984
Sq Ft
$524/Sq Ft
Est. Value
Highlights
- Beach Front
- Ocean View
- Furnished
- Community Beach Access
- Outdoor Pool
- Covered Deck
About This Home
As of September 2018You can’t get better views than this beautiful money-making oceanfront condo. Wow, over $40K in income! Take the elevator up to the 3rd level and enter a completely renovated, cozy oceanfront get-away. There is NO TO-DO list with this vacation home. This condo is turn-key. There’s nothing to do but put your suitcase down, grab your favorite beverage and throw on your flip flops. Plenty of room in the spacious kitchen which opens right up to the dining and living areas. Just about every room in this place graces you with breathtaking ocean views and the peaceful sound of the lapping waves. Enjoy cocktails on the 24’ oceanfront deck where you can smell the salt air and watch the dolphins and whales frolic in the blue water. Jeanette’s Pier is in the distance so bring your fishing poles. Back inside, the furnishings and decor are so cozy, tasteful and inviting. Wake up in the oceanfront master bedroom staring at the breathtaking sunrises, then slip directly out onto the oceanfront deck and take in the morning ocean breeze while sipping your coffee. This condo has everything you need to take that deep breath and just relax. Not only is there a large beautiful beach to enjoy but also two outdoor pools, a playground and grilling area, a convenient elevator, boardwalk to beach, two fishing piers, restaurants and great shops close by. There is even a cozy, electric fireplace to enjoy during the cooler months making it a fabulous year-round get-away.
Last Agent to Sell the Property
All About OBX Real Estate License #211523 Listed on: 02/22/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,400
Year Built
- Built in 1985
Lot Details
- Beach Front
HOA Fees
- $400 Monthly HOA Fees
Home Design
- Property Attached
Interior Spaces
- 984 Sq Ft Home
- Elevator
- Furnished
- Ceiling Fan
- Electric Fireplace
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- En-Suite Primary Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Outdoor Pool
- Covered Deck
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, walkways
- Amy Underwood Association
- Ocean Palms Condo Subdivision
Amenities
- Common Area
Recreation
- Community Boardwalk
- Community Beach Access
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 22, 2018
Closed on
Sep 7, 2018
Sold by
Melocchi Joseph E and Melocchi Dolores G
Bought by
Lymi Llc
Seller's Agent
Wende Pritchard
All About OBX Real Estate
Buyer's Agent
Dawn Stultz
Blue Horizon Realty
List Price
$389,000
Sold Price
$355,000
Premium/Discount to List
-$34,000
-8.74%
Total Days on Market
167
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
$160,341
Avg. Annual Appreciation
5.73%
Purchase Details
Closed on
Nov 10, 2011
Sold by
Croc Llc
Bought by
Melocchi Joseph E and Melocchi Dolores G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.5%
Mortgage Type
New Conventional
Similar Homes in Nags Head, NC
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lymi Llc | $355,000 | -- | |
| Melocchi Joseph E | $155,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lymi Llc | $270,000 | |
| Previous Owner | Melocchi Joseph E | $115,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/24/2018 09/24/18 | Sold | $355,000 | -5.1% | $361 / Sq Ft |
| 08/08/2018 08/08/18 | Pending | -- | -- | -- |
| 06/03/2018 06/03/18 | Price Changed | $374,000 | -1.3% | $380 / Sq Ft |
| 04/29/2018 04/29/18 | Price Changed | $379,000 | -2.6% | $385 / Sq Ft |
| 03/23/2018 03/23/18 | For Sale | $389,000 | 0.0% | $395 / Sq Ft |
| 02/27/2018 02/27/18 | Pending | -- | -- | -- |
| 02/22/2018 02/22/18 | For Sale | $389,000 | -- | $395 / Sq Ft |
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 | $2,574 | $284,200 | $105,000 | $179,200 |
| 2023 | $1,167 | $291,368 | $105,000 | $186,368 |
| 2022 | $1,167 | $291,368 | $105,000 | $186,368 |
| 2021 | $1,287 | $291,368 | $105,000 | $186,368 |
| 2020 | $1,167 | $291,368 | $105,000 | $186,368 |
| 2019 | $699 | $143,700 | $44,000 | $99,700 |
| 2018 | $699 | $143,700 | $44,000 | $99,700 |
| 2017 | $699 | $143,700 | $44,000 | $99,700 |
| 2016 | $639 | $143,700 | $44,000 | $99,700 |
| 2014 | $639 | $143,700 | $44,000 | $99,700 |
Source: Public Records
Agents Affiliated with this Home
-
Wende Pritchard
Seller's Agent in 2018
Wende Pritchard
All About OBX Real Estate
(252) 207-1147
56 Total Sales
-
Dawn Stultz
Buyer's Agent in 2018
Dawn Stultz
Blue Horizon Realty
(252) 489-8687
39 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 99354
APN: 006971021
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