NOT LISTED FOR SALE

8303 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $2,336,000 - $3,221,000

4 Beds
2 Baths
2,354 Sq Ft
$1,192/Sq Ft Est. Value

Last Sold January 02, 2014

Last sale price $630,000 $268 Per Sq Ft

Est. 345% increase in value since last sale

Current estimated payment $16,372/month

90 Days on Market

Highlights

  • Beach Front
  • Traditional Architecture
  • Ceiling Fan
  • Ocean View
  • Wood Flooring
  • Baseboard Heating

About This Home

As of January 2014

This Oceanfront property (50x559) contains 2 dwellings deemed to be tear-downs. This is the best opportunity to build an Oceanfront Rental Machine in South Nags Head. New beach is wide and stable. To see the potential for a new home just look at the next home to the south: 8 bedrooms, 8 full & 2 half baths, pool, hot tub, rec room, dune gazebo, elevator. No imagination necessary. It's all there!

Last Agent to Sell the Property

John Amrhein

Beach Realty & Construction License #169757 Listed on: 06/14/2013

Last Buyer's Agent

Jim Soles

Soles Realty OBX License #225412

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 1953

Lot Details

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

Parking

  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Masonry Perimeter Foundation
  • Asphalt Shingled Roof
  • Wood Siding

Interior Spaces

  • 2,354 Sq Ft Home
  • Ceiling Fan
  • Ocean Views
  • Oven or Range

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Window Unit Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Well
  • Private or Community Septic Tank

Community Details

  • Bodie Isl Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 59 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,544

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Traditional
  • Extras: Ceiling Fan(s)
  • Flood Zone: VE
  • Subdivision Name: Bodie Island Beach
  • Heated Sq Ft: 2354
  • Roads: Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0128
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range/Oven, Refrigerator
  • Bedrooms: 4
  • Floor Coverings: Carpet, Tile, Vinyl, Wood
  • Foundation: Masonry, Slab
  • Full Bathrooms: 2

Exterior Features

  • Construction: Block, Wood
  • Exterior: Asbestos, Wood
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean
  • Water Frontage: 50

Garage/Parking

  • Parking: Off Street

Utilities

  • Cooling: Window Units
  • Heating: Baseboard, Electric, Gas
  • Sewer/Septic System: Private Septic
  • Water: Well

Lot Info

  • Estimated Lot Sq Ft: 28000
  • Lot Description: Beach Frontage, Level
  • Lot Faces: E
  • Lot Number: Lot 59
  • Deed Book: 1771

Building Info

  • Year Built: 1953

Tax Info

  • Year: 2013
  • Taxes: 2543.8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2013
Closed on
Feb 21, 2014
Sold by
Gurkin Harry W
Bought by
Somerset Farm Properties Holding I Llc
Seller's Agent
John Amrhein
Beach Realty & Construction
Buyer's Agent
Jim Soles
Soles Realty OBX
List Price
$749,900
Sold Price
$630,000
Premium/Discount to List
-$119,900
-15.99%
Total Days on Market
90
Current Estimated Value
$2,805,184

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,175,184
Avg. Annual Appreciation
13.97%

Purchase Details

Listed on
Jun 14, 2013
Closed on
Dec 9, 2013
Sold by
Gurkin Harry W
Bought by
Somerset Farm Properties Holding I Llc
Seller's Agent
John Amrhein
Beach Realty & Construction
Buyer's Agent
Jim Soles
Soles Realty OBX
List Price
$749,900
Sold Price
$630,000
Premium/Discount to List
-$119,900
-15.99%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Somerset Farm Properties Holding I Llc -- None Available
Somerset Farm Properties Holding I Llc $630,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/02/2014 01/02/14 Sold $630,000 -16.0% $268 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
06/14/2013 06/14/13 For Sale $749,900 -- $319 / 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 $17,824 $1,913,000 $631,800 $1,281,200
2023 $7,867 $1,964,248 $631,800 $1,332,448
2022 $7,867 $1,964,248 $631,800 $1,332,448
2021 $16,519 $1,964,248 $631,800 $1,332,448
2020 $7,867 $1,964,248 $631,800 $1,332,448
2019 $6,713 $1,384,200 $503,700 $880,500
2018 $6,713 $1,384,200 $503,700 $880,500
2017 $6,713 $1,384,200 $503,700 $880,500
2016 $6,141 $1,384,200 $503,700 $880,500
2014 $5,519 $587,000 $503,700 $83,300
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    John Amrhein

    Beach Realty & Construction

    (252) 202-5118

    Section Image
  • Jim Soles

    Buyer's Agent in 2014

    Jim Soles

    Soles Realty OBX

    (252) 441-7095

    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 79470

Outer Banks Association of REALTORS®

APN: 027432000

North Carolina Dare County Nags Head 27959

8303 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 8303 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 14 June 2013 and is currently estimated at $2,805,184, approximately $1,191 per square foot. This property was built in 1953. 8303 S Old Oregon Inlet Rd is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes