$1,039,000
SOLD JUL 3, 2018

8233 S Old Oregon Inlet Rd Nags Head, NC 27959

7 Beds
5.5 Baths
3,130 Sq Ft
0.44 Acres

Recently Sold

$332 Per Sq Ft

8% Below List Price

67 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Furnished
  • Beach Access
  • Cathedral Ceiling
  • Granite Countertops

About This Home

As of July 2021

What a beautiful Oceanfront home with incredible views. This very comfortable and well appointed home is in great condition and is a very strong rental investment. It has everything the vacationer could want including seven bedrooms (3 master suites), 5 full baths and one partial bath, a beautiful kitchen with granite countertops, a private pool with a separate "kiddie pool" area, game room, outside shower, a open deck on the top level with unbelievable views and a covered deck below if you want some shade. There is a private walkway over the dune to the beach and it is just a short stroll to Jennette's Pier. This is a great spot to create years of family memories and/or enjoy the full investment potential.

Last Agent to Sell the Property

Marty Griffin

Coldwell Banker Seaside Realty KH License #199715 Listed on: 03/21/2018

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Michael Siers

Howard Hanna Outer Banks Realt License #269494

Howard Hanna Outer Banks Realt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,211

Year Built

  • Built in 1997

Lot Details

  • Ocean Front

Parking

  • Tuck Under Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,130 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

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

Community Details

  • Bodie Isl Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 56 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,211

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: A little more than half a mile south of Jennette's Pier on the Oceanfront
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Sun Deck, Dry Entry
  • Flood Zone: VE
  • Subdivision Name: Bodie Island Beach
  • Headline: Beautiful Ocean Views
  • Heated Sq Ft: 3130
  • L V T Date: 03/21/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0010
  • 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, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 7
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 723

Lot Info

  • Lot Description: Water Frontage
  • Lot Number: Lot 56
  • Deed Book: 1925

Rental Info

  • Flood Expenses: 1156
  • Lease Terms: Weekly
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: Casa De Karma
  • Rental Cottage Number: 843
  • Rental Phone Number: 252-441-4444
  • Rental Turnover Day: Saturday
  • Annual Electric: 4606
  • Annual Telephone Expense: 743
  • Annual Water Expense: 1696
  • Rental Contact Email: dan@joelambjr.com
  • Rental Contact Name: Dan Hardy
  • Rental Contact Phone: 252-441-4444

Building Info

  • Year Built: 1997

Tax Info

  • Year: 2017
  • Taxes: 8210.85

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 29, 2021
Sold by
Krobath John and Krobath Patricia
Bought by
Rosa Ricky and Rosa Dina M
Seller's Agent
Michael Siers
Howard Hanna Outer Banks Realt
Buyer's Agent
Cathy Turner
Village Realty Holdings, LLC - NH
List Price
$1,575,000
Sold Price
$1,710,000
Premium/Discount to List
$135,000
8.57%
Current Estimated Value
$2,117,230

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,230
Avg. Annual Appreciation
5.56%
Original Mortgage
$860,000
Outstanding Balance
$787,051
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,347,982

Purchase Details

Listed on
Mar 21, 2018
Closed on
Jun 25, 2018
Sold by
Schengber David J and Schengber Patricia S
Bought by
Krobath John and Krobath Patricia
Seller's Agent
Marty Griffin
Coldwell Banker Seaside Realty KH
Buyer's Agent
Michael Siers
Howard Hanna Outer Banks Realt
List Price
$1,125,000
Sold Price
$1,039,000
Premium/Discount to List
-$86,000
-7.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.07%
Original Mortgage
$659,000
Interest Rate
6.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jan 28, 2013
Closed on
Mar 22, 2013
Sold by
Buck James and Buck Debra
Bought by
Schengber David J and Schengber Patricia S
Seller's Agent
Rachel Neal Neal
Southern Shores Realty
Buyer's Agent
Mark Massey
Outer Banks Realty Group
List Price
$1,100,000
Sold Price
$1,050,000
Premium/Discount to List
-$50,000
-4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.20%
Original Mortgage
$787,500
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2011
Sold by
The Bank Of New York Mellon
Bought by
Buck James

Purchase Details

Closed on
Nov 5, 2010
Sold by
Kindt Deborah W and Kindt Charles F
Bought by
The Bank Of New York Mellon and First Horizon Home Loans
Source: Public Records

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Range of Values:

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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 $1,710,000 None Available
Warranty Deed $1,039,000 --
Warranty Deed $1,050,000 None Available
Special Warranty Deed $625,000 None Available
Trustee Deed $798,150 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $860,000 New Conventional
Previous Owner $615,000 New Conventional
Previous Owner $659,000 Adjustable Rate Mortgage/ARM
Previous Owner $787,500 New Conventional
Previous Owner $115,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2021 07/01/21 Sold $1,710,000 +8.6% $549 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $1,575,000 +51.6% $506 / Sq Ft
07/03/2018 07/03/18 Sold $1,039,000 -5.5% $332 / Sq Ft
05/27/2018 05/27/18 Pending -- -- --
04/12/2018 04/12/18 Price Changed $1,100,000 -2.2% $351 / Sq Ft
03/21/2018 03/21/18 For Sale $1,125,000 +7.1% $359 / Sq Ft
03/24/2013 03/24/13 Sold $1,050,000 -4.5% $337 / Sq Ft
02/06/2013 02/06/13 Pending -- -- --
01/28/2013 01/28/13 For Sale $1,100,000 -- $353 / 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 $10,273 $1,093,900 $622,300 $471,600
2023 $4,457 $1,112,764 $622,300 $490,464
2022 $4,457 $1,112,764 $622,300 $490,464
2021 $4,464 $1,112,764 $622,300 $490,464
2020 $4,457 $1,112,764 $622,300 $490,464
2019 $4,097 $853,400 $488,600 $364,800
2018 $4,097 $853,400 $488,600 $364,800
2017 $4,097 $853,400 $488,600 $364,800
2016 $3,748 $853,400 $488,600 $364,800
2014 $4,362 $852,500 $488,600 $363,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99754

Outer Banks Association of REALTORS®

APN: 006989056