8233 S Old Oregon Inlet Rd Nags Head, NC 27959
7
Beds
5.5
Baths
3,115
Sq Ft
0.42
Acres
Highlights
- Ocean Front
- Coastal Architecture
- Granite Countertops
- Concrete Pool
- Furnished
- Game Room
About This Home
As of July 2021Pristine oceanfront in South Nags Head ready for that discerning buyer. 9.9% GRI with $109,000 in annual rental income. Stay ahead of the competition with 3 Master suites, an in ground adult & baby pool, kitchen equipped with granite, upgraded appliances and bar for overflow seating; an open living and dining room with expansive ocean views, and gas fireplace. Attracting repeat renters will be an easy task at Casa de Karma preserving your return on investment. In 2011, the siding was replaced and painted, new flooring installed throughout, $45k of furniture placed by a professional designer, Flat Screen TV’s mounted in each room, and a new hot tub and appliances were installed. Don’t inherit a maintenance headache, Casa De Karma is a turn key, thoughtfully upgraded oceanfront home that will keep your family and renters satisfied year after year. *$76,000 already booked for the 2013 season.
Last Agent to Sell the Property
Southern Shores Realty License #259346 Listed on: 01/28/2013
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,891
Year Built
- Built in 1997
Lot Details
- 0.42 Acre Lot
- Ocean Front
- Property fronts a private road
Home Design
- Coastal Architecture
- Reverse Style Home
- Frame Construction
- Asphalt Shingled Roof
- Lap Siding
- Piling Construction
- Cement Board or Planked
Interior Spaces
- 3,115 Sq Ft Home
- Furnished
- Gas Fireplace
- Living Room
- Dining Room
- Game Room
- Ocean Views
Kitchen
- Oven or Range
- Microwave
- Dishwasher
- Granite Countertops
Flooring
- Carpet
- Ceramic Tile
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
Laundry
- Dryer
- Washer
Pool
- Concrete Pool
- In Ground Pool
- Spa
- Outdoor Shower
Outdoor Features
- Covered Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heat Pump System
- Municipal Utilities District Water
- Private or Community Septic Tank
Listing and Financial Details
- Tax Lot 56
Community Details
Overview
- Bodie Isl Beach Subdivision
Recreation
- Community Boardwalk
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,033
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
Similar Homes in the area
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 | 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
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
-
Seller's Agent in 2021
Michael Siers
Howard Hanna Outer Banks Realt
(252) 489-3861
80 in this area
208 Total Sales
-
Seller Co-Listing Agent in 2021
Stacy Siers
Howard Hanna Outer Banks Realt
(252) 489-9451
62 in this area
166 Total Sales
-
Buyer's Agent in 2021
Cathy Turner
Village Realty Holdings, LLC - NH
(252) 449-8765
20 in this area
55 Total Sales
-
Seller's Agent in 2018
Marty Griffin
Coldwell Banker Seaside Realty KH
(252) 207-6448
9 in this area
77 Total Sales
-
R
Seller's Agent in 2013
Rachel Neal Neal
Southern Shores Realty
(252) 599-6200
16 Total Sales
-
Buyer's Agent in 2013
Mark Massey
Outer Banks Realty Group
(252) 202-4335
11 in this area
77 Total Sales
Map
Source: Outer Banks Association of REALTORS®
MLS Number: 77637
APN: 006989056
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