NOT LISTED FOR SALE

8331 S Old Oregon Inlet Rd Unit 2 Nags Head, NC 27959

Estimated Value: $552,772 - $603,000

4 Beds
2 Baths
1,330 Sq Ft
$550/mo HOA Fee

Last Sold September 28, 2018

Last sale price $290,000 $218 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $3,856/month

479 Days on Market

Highlights

  • Ocean View
  • Central Heating and Cooling System
  • Stacked Washer and Dryer
  • Furnished
  • Carpet

About This Home

As of September 2018

8331 #2 S Old Oregon Inlet Rd, Nags Head-This 4bd/2bth condo for sale in Nags Head is a detached house located in the Laughing Gull Cottage Court just steps away from the beach with ocean views. There are only 9 units in Laughing Gull making this quaint location ideal for those looking for a 2nd home or rental without breaking the bank. While this is a detached house it is classified as a condo and the HOA fees pay for water, homeowners, wind/hail, flood insurance, beach access and driveway is maintained by the association. The house comes furnished and is ready to go for a new buyer. New back deck and crows nest just completed in 2016 that offer wonderful ocean views. Not many places come on the market so close to the beach at this price so don't miss out!!

Last Agent to Sell the Property

Matt Huband

OBX Realty Group, LLC License #223529 Listed on: 03/01/2017

Last Buyer's Agent

Matt Huband

OBX Realty Group, LLC License #223529 Listed on: 03/01/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,170

Year Built

  • Built in 1972

Lot Details

  • 2.35

HOA Fees

  • $550 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 1,330 Sq Ft Home
  • Furnished
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Private or Community Septic Tank

Community Details

  • Association fees include common insurance, flood insurance, management, water
  • Signature Touch Property Mgmt Association, Phone Number (252) 441-8857
  • Laughing Gull Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,170

Year Built

Built in 1972

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: turn into Laughing Gull Cottages, 2nd house on left Unit 2
  • Subdivision Name: Laughing Gull Condos
  • Headline: Ocean Views & Steps To Beach
  • Heated Sq Ft: 1330
  • L V T Date: 03/01/2017
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: 2 - lots from oceanfront (3rd row
  • Zoning: Condo
  • Deed Book Pg Number: 0668
  • Office License Number: C22431
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Vinyl, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes

Exterior Features

  • Construction: Wood
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

  • Cooling: Central
  • Heating: Central, Heat Pump
  • Sewer/Septic System: Private Septic

Condo/Co-op/Association

  • HOA Fee Includes: Common Insurance, Flood Insurance, Management, Water
  • Condo Type: Detached
  • Association Fee: Yes
  • Estimated Annual Fee: 6600
  • Hoa Contact: Signature Touch Property Mgmt
  • HOA Contact: 252-441-8857

Lot Info

  • Deed Book: 0998

Rental Info

  • Other Expenses: 610
  • Rental Co: VRBO
  • Rental Cottage Name: Laughing Gull 2
  • Rental Cottage Number: 425275
  • Rental Turnover Day: SAT
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1088
  • Annual Electric: 1200

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2017
  • Taxes: 2170

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2017
Closed on
Sep 18, 2018
Sold by
Gtaham David P and Gtaham Judith B
Bought by
Forquer Donald R and Forquer Kathleen L
Seller's Agent
Matt Huband
OBX Realty Group, LLC
Buyer's Agent
Matt Huband
OBX Realty Group, LLC
List Price
$350,000
Sold Price
$290,000
Premium/Discount to List
-$60,000
-17.14%
Current Estimated Value
$574,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$284,193
Avg. Annual Appreciation
10.00%
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
Forquer Donald R $290,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Graham David P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/28/2018 09/28/18 Sold $290,000 -7.9% $218 / Sq Ft
06/23/2018 06/23/18 Pending -- -- --
03/18/2018 03/18/18 Price Changed $315,000 -3.1% $237 / Sq Ft
11/25/2017 11/25/17 Price Changed $325,000 -7.1% $244 / Sq Ft
03/01/2017 03/01/17 For Sale $350,000 -- $263 / 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 $2,127 $311,300 $155,500 $155,800
2023 $1,247 $311,300 $155,500 $155,800
2022 $1,247 $311,300 $155,500 $155,800
2021 $1,247 $311,300 $155,500 $155,800
2020 $1,247 $311,300 $155,500 $155,800
2019 $1,358 $278,000 $166,000 $112,000
2018 $1,333 $278,000 $166,000 $112,000
2017 $1,330 $277,400 $166,000 $111,400
2016 $1,217 $277,400 $166,000 $111,400
2014 $1,217 $277,400 $166,000 $111,400
Source: Public Records

Agents Affiliated with this Home

  • Matt Huband

    Seller's Agent in 2018

    Matt Huband

    OBX Realty Group, LLC

    (252) 255-0221

    5 in this area

    83 Total Sales

    Matt Huband
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95394

Outer Banks Association of REALTORS®

APN: 007003002

North Carolina Dare County Nags Head 27959

8331 S Old Oregon Inlet Rd Unit 2, Nags Head, NC

This home is located at 8331 S Old Oregon Inlet Rd Unit 2, Nags Head, NC 27959 since 01 March 2017 and is currently estimated at $574,193, approximately $431 per square foot. This property was built in 1972. 8331 S Old Oregon Inlet Rd Unit 2 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