NOT LISTED FOR SALE

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

10 Beds
8 Baths
5,000 Sq Ft
0.52 Acres

Last Sold January 11, 2021

Last sale price $1,540,000 $308 Per Sq Ft

735 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Second Refrigerator
  • Ocean View
  • 0.52 Acre Lot
  • Cathedral Ceiling

About This Home

As of January 2021

THIS OCEANFRONT PROPERTY IS JUST A TRUE RENTAL MACHINE. With 10 bedrooms this beach home has room for the whole family and friends as well. Plenty for all to enjoy. Starting as you enter the ground level game room sporting a pool table, foosball table, 3 TVS and oh yes, can't forget the full size movie theater style popcorn machine. Also, for convenience is a refrigerator, stand alone ice maker and dishwasher for easy clean up after making all those frozen drinks after a hot summer day on the beach. Also on the ground floor there's 3 bedrooms/2.5 baths with the half bath also opening up to the outside for quick breaks from the pool or beach. The large laundry room is also located on the ground level with washer/dryer and dual hot water heaters. The convenience of the elevator makes all levels of the home easily accessible. The second level is the main resting area with 6 bedrooms/3 baths with two of the bedrooms opening up to the large 2nd level deck. The main entry foyer is also located on the 2nd level along with an additional stack washer/dryer for convenience. Upon approaching the 3rd level you'll find the large open living area with lots of cozy seating and updated kitchen with new granite countertops, tile/backsplash and microwave. Dual range/ovens, dishwashers and ample kitchen/counter space make meal time a fun time for all. Also fun for all is the large multiple milk shake mixer. Most of all you'll be mesmerized by the BREATH TAKING OCEAN VIEWS all overlooking the large pool with separate kiddie pool, covered hot tub gazebo and ocean front deck. Of course, can't forget to mention the tiki bar and sand dunes that lead down to the waters of the Atlantic. Other upgrades this year include 2 new HVAC systems. This is a great rental property with advertised rents in 2017 listed at $187,427 and over $170,000 in 2018 with several owner weeks being taken. Gross rentals in 2019 at $180,871, over $173,300 for 2020 and $168,648 on the books already for 2021. CHECK THIS PROPERTY OUT, AND AND GET THE FEEL OF "OBX ATTITUDE" AND WHAT IT CAN DO FOR YOU.

Last Agent to Sell the Property

Kent Copeland

Coldwell Banker Seaside Realty KH License #185671 Listed on: 11/07/2018

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Matt Myatt

Keller Williams - Outer Banks License #218707

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,527

Year Built

  • Built in 1999

Lot Details

  • 0.52 Acre Lot
  • Beach Front
  • 50 Feet of Waterfront
  • Level Lot

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 5,000 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Bay Window
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting
  • Gazebo

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 47 / 3

Community Details

Overview

  • Bodie Isl Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,527

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: South on Old Oregon Inlet Road. Property will be on the left, oceanfront.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Elevator, Gazebo, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Subdivision Name: Bodie Island Beach
  • Headline: RENTAL MACHINE!!!
  • Heated Sq Ft: 5000
  • L V T Date: 11/08/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 173389
  • Advertised Income 2021: 161706
  • Deed Book Pg Number: 0374
  • 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: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 10
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Bay/Bow Window, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Shipswatch
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • Sun Deck Size: 14 X 34
  • View: Ocean, Sound
  • Water Frontage: 50

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 22500
  • Lot Description: Beach Frontage, Level, Water Frontage
  • Lot Number: Lot 47
  • Estimated Lot Size: 0.52
  • Deed Book: 2071

Rental Info

  • Flood Expenses: 678
  • Lease Terms: Weekly
  • Rental Co: Seaside Vacations
  • Rental Cottage Name: OBX Attitude
  • Rental Cottage Number: 7005
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2632
  • Annual Electric: 6562
  • Annual Water Expense: 1214
  • Rental Contact Email: mcopeland@seasiderealty.com
  • Rental Contact Phone: 252-261-7763

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2020
  • Taxes: 12526.63

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2021 01/11/21 Sold $1,540,000 -3.1% $308 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
02/14/2020 02/14/20 Price Changed $1,590,000 -3.6% $318 / Sq Ft
12/22/2018 12/22/18 Price Changed $1,650,000 -1.5% $330 / Sq Ft
11/07/2018 11/07/18 For Sale $1,675,000 -- $335 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102631

Outer Banks Association of REALTORS®