NOT LISTED FOR SALE

8331 S Old Oregon Inlet Rd Unit 3 Nags Head, NC 27959

Estimated Value: $494,000 - $601,000

4 Beds
2 Baths
1,335 Sq Ft
$500/mo HOA Fee

Last Sold December 12, 2014

Last sale price $240,000 $180 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $3,734/month

104 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Main Floor Bedroom
  • Community Beach Access
  • Rooftop Deck
  • Furnished

About This Home

As of December 2014

Where else can you find an unattached, semi-oceanfront 4 bedroom cottage with fabulous ocean views for $249,000? Large,stable duneline, gorgeous wide beach, within walking distance of Jennette's Pier and Outer Banks Pier and Fish Head's Restaurant. Roof-top deck offers panoramic beach and ocean views. Enjoy the screened porch, patio and covered decks. Walk or bike for miles on the multi-use path, close to miles of pristine Cape Hatteras National Seashore, Oregon Inlet Fishing Center marina featuring off-shore fishing, and great surf fishing at Oregon Inlet. New heat pump in 2009, 50 year shingle roof in 2010. Association dues of $6000 per year INCLUDE homeowners, flood and wind & hail insurance, water, cable, grounds maintenance. All of the enjoyment, and none of the headaches!!

Last Agent to Sell the Property

Linda Harper

Howard Hanna Outer Banks Realty License #53439 Listed on: 07/16/2014

Howard Hanna Outer Banks Realty

Co-Listed By

Thomas Harper

Keller Williams - Outer Banks License #54815

Last Buyer's Agent

Dillon Jones

Harrell & Associates License #280509

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,544

Year Built

  • Built in 1972

Lot Details

  • Beach Front

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Ocean
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 1,335 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Rooftop Deck
  • Covered Deck
  • Patio
  • Exterior Lighting

Utilities

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

Community Details

Overview

  • Association fees include cable, common electric, common insurance, flood insurance, grounds maintenance, management, road maintenance, water, walkways
  • Bob Ross Association, Phone Number (252) 441-8857
  • Laughing Gull Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,544

Year Built

Built in 1972

Lot Details

0

HOA Fees

$500 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Milepost 17.5, Laughing gull condos on the oceanside. Semi oceanfront home on left
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Patio, Screened Porch, Roof Top Deck
  • Flood Zone: VE
  • Headline: Semi Oceanfront Jewel
  • Heated Sq Ft: 1335
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: R
  • Deed Book Pg Number: 169
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 1
  • Bedroom 3: On Level: 1
  • Bedroom 4: On Level: 1
  • Kitchen: open, On Level: 2
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments
  • Dining Room: combo, On Level: 2
  • Living Room: open, On Level: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Park Serv/Preserve

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Cable, Common Electric, Common Insurance, Flood Insurance, Grounds Maintenance, Management, Road Maintenance, Water, Walkways
  • Association Amenities: Ocean Access
  • Association Fee: Yes
  • Estimated Annual Fee: 6000
  • Hoa Contact: Bob Ross
  • HOA Contact: 252-441-8857

Lot Info

  • Lot Description: Beach Frontage
  • Deed Book: 1627

Rental Info

  • Est Annual Rental Income: 29000
  • Estimated Rental Performance: 0.1208
  • Lease Terms: Weekly
  • Other Expenses: 166000
  • Rental Co: Sun Realty
  • Rental Cottage Number: LG-3
  • Rental Phone Number: (252)441-7033
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2013
  • Taxes: 2544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2015
Sold by
Caprio Joseph R and Caprio Lorena L
Bought by
Lorelei Llc
Total Days on Market
104
Current Estimated Value
$553,181

Purchase Details

Listed on
Jul 16, 2014
Closed on
Dec 5, 2014
Sold by
Schooley Daniel E and Schooley Wendy S
Bought by
Caprio Joseph R and Caprio Lorena L
Seller's Agent
Linda Harper
Howard Hanna Outer Banks Realty
Buyer's Agent
Dillon Jones
Harrell & Associates
List Price
$249,000
Sold Price
$240,000
Premium/Discount to List
-$9,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.29%

Purchase Details

Closed on
Apr 21, 2005
Sold by
Epc Nc 18 Llc
Bought by
Schooley Daniel E and Schooley Wendy S
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
Lorelei Llc -- None Available
Caprio Joseph R $240,000 Attorney
Schooley Daniel E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schooley Daniel E $14,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/12/2014 12/12/14 Sold $240,000 -3.6% $180 / Sq Ft
10/28/2014 10/28/14 Pending -- -- --
07/16/2014 07/16/14 For Sale $249,000 -- $187 / 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 $1,534 $311,300 $155,500 $155,800
2023 $1,534 $317,532 $155,500 $162,032
2022 $1,272 $317,532 $155,500 $162,032
2021 $1,272 $317,532 $155,500 $162,032
2020 $2,567 $317,532 $155,500 $162,032
2019 $1,333 $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

  • L

    Seller's Agent in 2014

    Linda Harper

    Howard Hanna Outer Banks Realty

    11 Total Sales

    Linda Harper
    Section Image

  • T

    Seller Co-Listing Agent in 2014

    Thomas Harper

    Keller Williams - Outer Banks

  • D

    Buyer's Agent in 2014

    Dillon Jones

    Harrell & Associates

    (252) 489-1840

    20 Total Sales

    Dillon Jones
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84470

Outer Banks Association of REALTORS®

APN: 007003003

North Carolina Dare County Nags Head 27959

8331 S Old Oregon Inlet Rd Unit 3, Nags Head, NC

This home is located at 8331 S Old Oregon Inlet Rd Unit 3, Nags Head, NC 27959 since 16 July 2014 and is currently estimated at $553,181, approximately $414 per square foot. This property was built in 1972. 8331 S Old Oregon Inlet Rd Unit 3 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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