$1,250,000
SOLD MAR 24, 2015

8215A S Old Oregon Inlet Rd Nags Head, NC 27959

10 Beds
8 Baths
5,100 Sq Ft
0.39 Acres

Recently Sold

$245 Per Sq Ft

4% Below List Price

112 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Hydromassage or Jetted Bathtub

About This Home

As of June 2021

Own a 10 bedroom rental machine on one of the highest crests in Nags Head! Having endured Hurricanes since 1999 with no water in the lower levels confirms it is the spot to be!! Other homes with lower elevations had water in the game rooms in years past but this one sits high on a ridge and gives it incredible stability and proven resistance to those errant storms that occasionally arrive on the East Coast. This section of Old Oregon Inlet Road is also at a considerably better elevation which resists standing water following those pesky summer rains that can create a nightmare for vacationing guests who want to walk to breakfast or take a bike ride….no problems at this address!!! Consistent rental performer with 2015 rents already at over $100K! HUGE Pool area and strong, wide nourished beach just south of the exciting Jennette's Pier in Nags Head!!! New Carpet and updates just completed during October! Daniels Homeport also just installed new faux wood blinds on the upper level and many of the TV viewing areas have been updated! Walk to Sam and Omies for breakfast or a late afternoon beverage! Soak in the mid level hot tub or just lounge in the oversized heated pool after a walk on the wide Nags Head beaches!! Current owner is original and contacted the original builder to check out everything before listing for sale. The top level is HUGE with commanding views of the beaches, pier and all of the offshore boats that pass during any given day! The ocean views are not blocked by other older houses sitting in front of the house like others in S. Nags Head! This one lets you see an unblocked view of the entire ocean vista from north to south! This one even has the more tried and true traditional septic system…check out the costs and you will see even more maintenance savings! A few minutes south is Oregon Inlet Fishing Center with numerous off shore charters! The shopping and dining choices in Nags Head are too numerous to name and you or your guests will be right at home with all the choices! after factoring in the expenses, this one really makes sense! Its twin, next door, sold for nearly $2 million in 2004!!!

Last Agent to Sell the Property

John Thompson

Windswept Properties, LLC License #187607 Listed on: 10/28/2014

Last Buyer's Agent

Pamela Howard

Coastal Shores Realty Group License #274371

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,523

Year Built

  • Built in 1999

Lot Details

  • 0.39 Acre Lot
  • Beach Front
  • 50 Feet of Waterfront

Parking

  • Paved Parking

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 5,100 Sq Ft Home
  • Central Vacuum
  • Furnished
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot # 46

Community Details

Overview

  • Built by Coastal Construction
  • Bodie Isl Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,523

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: South on OOIR past Comfort Inn. Castle on left!
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Central Vacuum, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE, VE
  • Headline: 10 BR OF Rental Machine!!
  • Heated Sq Ft: 5100
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0183
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 10
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Beamed Ceiling(s), Cathedral Ceiling(s), Gas Fireplace, Ice Maker Connection, Ensuite, Washer Connection
  • Optional Rooms: Game Room, Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Coastal Construction
  • Construction: Frame
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean, Park Serv/Preserve
  • Water Frontage: 50

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Heat Pump
  • Heating: Heat Pump
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 17000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot # 46
  • Deed Book: 1572

Rental Info

  • Est Annual Rental Income: 141000
  • Estimated Rental Performance: 0.1128
  • Lease Terms: Weekly
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: Castle Dune
  • Rental Cottage Number: 687
  • Rental Phone Number: 261-4444
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2014
  • Taxes: 10523

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2021
Closed on
Jun 22, 2021
Sold by
Helmey Mark B and Helmey Kimberly T
Bought by
Ahmad Omar F and Ahmad Shana P
Seller's Agent
Alex Argiroff
Keller Williams - Outer Banks
Buyer's Agent
Stephanie Walker
Stephanie Walker and Associates
List Price
$1,599,900
Sold Price
$1,599,900
Total Days on Market
112
Current Estimated Value
$2,364,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$764,333
Avg. Annual Appreciation
10.42%
Original Mortgage
$159,900
Outstanding Balance
$146,398
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$2,217,835

Purchase Details

Listed on
Oct 28, 2014
Closed on
Mar 24, 2015
Sold by
Partridge Ben W
Bought by
Helmey Mark B and Helmey Kimberly T
Seller's Agent
John Thompson
Windswept Properties, LLC
Buyer's Agent
Pamela Howard
Coastal Shores Realty Group
List Price
$1,299,000
Sold Price
$1,250,000
Premium/Discount to List
-$49,000
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.03%
Original Mortgage
$91,000
Interest Rate
3.89%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,600,000 None Available
Warranty Deed -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $159,900 New Conventional
Open $1,199,900 New Conventional
Previous Owner $91,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/23/2021 06/23/21 Sold $1,599,900 0.0% $314 / Sq Ft
04/04/2021 04/04/21 Pending -- -- --
04/01/2021 04/01/21 For Sale $1,599,900 +28.0% $314 / Sq Ft
03/24/2015 03/24/15 Sold $1,250,000 -3.8% $245 / Sq Ft
02/17/2015 02/17/15 Pending -- -- --
10/28/2014 10/28/14 For Sale $1,299,000 -- $255 / 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 $13,263 $1,463,800 $612,800 $851,000
2023 $5,999 $1,497,840 $612,800 $885,040
2022 $5,999 $1,497,840 $612,800 $885,040
2021 $5,999 $1,497,840 $612,800 $885,040
2020 $5,999 $1,497,840 $612,800 $885,040
2019 $5,303 $1,097,300 $477,400 $619,900
2018 $5,318 $1,097,300 $477,400 $619,900
2017 $5,318 $1,097,300 $477,400 $619,900
2016 $4,852 $1,097,300 $477,400 $619,900
2014 $10,523 $1,097,300 $477,400 $619,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 85668

Outer Banks Association of REALTORS®

APN: 006978001