NOT LISTED FOR SALE

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

Estimated Value: $511,000 - $603,000

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. 127% increase in value since last sale

Current estimated payment $3,610/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 Realt License #53439 Listed on: 07/16/2014

Howard Hanna Outer Banks Realt

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
Current Estimated Value
$544,523

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 Realt
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
8.26%

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

Range of Values:

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Sold Price
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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 Realt

    3 in this area

    10 Total Sales

    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

    21 Total Sales

    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 $559,980, approximately $419 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.

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.

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