NOT LISTED FOR SALE

8307 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $2,586,000 - $3,242,000

8 Beds
10 Baths
5,000 Sq Ft
$593/Sq Ft Est. Value

Last Sold May 18, 2018

Last sale price $1,950,000 $390 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $17,259/month

22 Days on Market

Highlights

  • Beach Front
  • Concrete Pool
  • Wood Flooring
  • Ocean View
  • Second Refrigerator
  • Furnished

About This Home

As of May 2018

Thoughtfully designed and meticulously maintained, this oceanfront beauty shines from top to bottom, inside and out. The quality construction by Forrest Seal and minute attention to every detail by the seller will provide any buyer peace of mind with their new investment. This home offers hardwood floors throughout, cedar-lined closets, 2 laundry areas, double appliances, granite counter tops, a heated concrete pool, geo-thermal heating and cooling system, hydraulic elevator, foam-insulated walls, impact resistant windows and doors, security system and custom maple vanities in every bathroom. The strong rental history (10% ROI), fantastic location and exemplary condition of this home make it a superb investment opportunity.

Last Agent to Sell the Property

Randy Nance

Coastal Carolina Vacations License #207311 Listed on: 02/12/2018

Last Buyer's Agent

Beth Dobney Garcia

Coldwell Banker Seaside Realty KH License #174853

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,549

Year Built

  • Built in 2013

Lot Details

  • 0.46 Acre Lot
  • Beach Front

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 5,000 Sq Ft Home
  • Elevator
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Game Room

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Accessible Home Design

  • Handicap Accessible

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Gazebo

Utilities

  • Zoned Heating and Cooling
  • Geothermal Heating and Cooling
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Bodie Isl Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 61 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,549

Year Built

Built in 2013

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: South on Old Oregon Inlet Road to approximately MP- 17.4.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Gazebo, Handicap Friendly, Hot Tub, Outside Shower, Security System, Smoke Detector(s), Sun Deck, Dry Entry
  • Flood Zone: VE
  • Headline: Magnificent NH Oceanfront
  • Heated Sq Ft: 5000
  • L V T Date: 02/12/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0183
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • 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 w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cedar Closet(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Washer Connection
  • Optional Rooms: Game Room, Pantry
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: In Ground, Concrete, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Park Serv/Preserve

Utilities

  • Cooling: Zoned
  • Heating: Geo-Thermal, Zoned
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 6025

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Beach Frontage
  • Lot Number: Lot 61
  • Estimated Lot Size: 0.46
  • Deed Book: 1762

Rental Info

  • Flood Expenses: 4800
  • Poolspa Expense: 3000
  • Rental Co: Village Realty
  • Rental Cottage Name: Pompano
  • Rental Cottage Number: SN-05
  • Rental Phone Number: (252) 480-2224
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2950
  • Annual Electric: 5400
  • Annual Water Expense: 835

Building Info

  • Year Built: 2013

Tax Info

  • Year: 2017
  • Taxes: 12549

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2018
Sold by
Pastro William A and Pastro Ann M
Bought by
Pompano Llc
Total Days on Market
22
Current Estimated Value
$2,965,545

Purchase Details

Listed on
Feb 12, 2018
Closed on
May 18, 2018
Sold by
Young James P and Young Marianne T
Bought by
Pastro William A and Pastro Ann M
Seller's Agent
Randy Nance
Coastal Carolina Vacations
Buyer's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
List Price
$2,095,000
Sold Price
$1,950,000
Premium/Discount to List
-$145,000
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.14%
Original Mortgage
$1,560,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2008
Sold by
Dixon R Dillard and Dixon Susan D
Bought by
Young James P and Young Marianne T
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 Buyer Sale Price Title Company
Pompano Llc -- --
Pastro William A $1,950,000 --
Young James P $1,575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pastro William A $1,560,000
Previous Owner Dixon Richard D $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2018 05/18/18 Sold $1,950,000 -6.9% $390 / Sq Ft
03/06/2018 03/06/18 Pending -- -- --
02/12/2018 02/12/18 For Sale $2,095,000 -- $419 / 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 $18,251 $1,959,300 $631,800 $1,327,500
2023 $8,060 $2,012,400 $631,800 $1,380,600
2022 $8,060 $2,012,400 $631,800 $1,380,600
2021 $8,060 $2,012,400 $631,800 $1,380,600
2020 $8,028 $2,004,496 $631,800 $1,372,696
2019 $6,261 $1,292,400 $496,200 $796,200
2018 $6,261 $1,292,400 $496,200 $796,200
2017 $6,261 $1,292,400 $496,200 $796,200
2016 $5,729 $1,292,400 $496,200 $796,200
2014 $12,385 $1,292,400 $496,200 $796,200
Source: Public Records

Agents Affiliated with this Home

  • Randy Nance

    Seller's Agent in 2018

    Randy Nance

    Coastal Carolina Vacations

    (252) 202-3374

    55 Total Sales

    Randy Nance
    Section Image
  • Beth Dobney Garcia

    Buyer's Agent in 2018

    Beth Dobney Garcia

    Coldwell Banker Seaside Realty KH

    (252) 207-4484

    114 Total Sales

    Beth Dobney Garcia
    Section Image

  • Z

    Buyer Co-Listing Agent in 2018

    Zachary Garcia

    Coldwell Banker Seaside Realty KH

    (252) 207-7702

    66 Total Sales

    Zachary Garcia
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99244

Outer Banks Association of REALTORS®

APN: 006993000

North Carolina Dare County Nags Head 27959

8307 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 8307 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 12 February 2018 and is currently estimated at $2,965,545, approximately $593 per square foot. This property was built in 2013. 8307 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.

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