NOT LISTED FOR SALE

8331 S Old Oregon Inlet Rd Unit 4 Nags Head, NC 27959

Estimated Value: $494,000 - $919,000

4 Beds
2 Baths
1,335 Sq Ft
$550/mo HOA Fee

Last Sold December 20, 2019

Last sale price $500,000 $375 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,143/month

16 Days on Market

Highlights

  • Beach Front
  • Beach Box Architecture
  • Central Heating and Cooling System
  • Ocean View
  • Furnished
  • Level Lot

About This Home

As of December 2019

Million Dollar view with over 11% R.O.I in actual income for 2019 and 13% R.O.I from 2018! This spacious, meticulously cared for and well maintained Oceanfront, Single Family Detached home with Condominium Ownership in the Laughing Gull Community offers you and your guests the absolute best views in South Nags Head. This four bedroom, two bath cottage is beautifully furnished and blends modern style and design with classic beach living on the oceanfront. The kitchen has been recently renovated to bring out the aspiring chef in all of us. Granite countertops, stainless steel appliances, are all proof the sellers spared no expense providing an improved experience to all who enter. Don't forget the kitchen bar for a more informal dining setting or the dining table if you are looking for a more sit-down dinner. The Modern Kitchen blends into the living area with ocean views. Fantastic electronics package throughout the house for those non beach moments. Take in the Ocean and all it offers from the privacy of the hot tub deck. Bonus eagles nest deck offers you a panoramic ocean view to enjoy both beautiful sunrises. In front of you is the well vegetated dune line of South Nags Head and the Atlantic Ocean. In a great location sandwiched between two piers ..To the North is Jennette's Pier offering fishing and interactive science exhibits and to the south, Outer Banks Pier for fishing and dining. Don't forget Oregon Inlet Fishing center which is just a quick drive south.

Last Agent to Sell the Property

Heather VanderMyde

Coldwell Banker Seaside Realty - KDH License #207518 Listed on: 11/06/2019

Coldwell Banker Seaside Realty - KDH

Co-Listed By

Will Gregg

Coldwell Banker Seaside Realty - KDH License #233996

Last Buyer's Agent

Cathy Turner

Village Realty Holdings, LLC - NH License #187958

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1972

Lot Details

  • Beach Front
  • Property fronts a private road

HOA Fees

  • $550 Monthly HOA Fees

Parking

  • Off-Street Parking

Home Design

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

Interior Spaces

  • 1,335 Sq Ft Home
  • Furnished
  • Vinyl Flooring
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Association fees include common insurance, flood insurance, management, water
  • Signature Touch Association
  • Laughing Gull Subdivision

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,576

Year Built

Built in 1972

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Reverse Floor Plan
  • Directions: South on Old Oregon Inlet, Lt. on Laughing Gull, Last unit on Left
  • Extras: Beach Access
  • Headline: 11% R.O.I. Actual Income
  • Heated Sq Ft: 1335
  • L V T Date: 11/06/2019
  • Roads: Gravel, Private
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0444
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C7166
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

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

Exterior Features

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

Garage/Parking

  • Parking: Off Street

Utilities

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

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

Lot Info

  • Lot Description: Beach Frontage, Level, Water Frontage
  • Deed Book: 1531

Rental Info

  • Lease Terms: Weekly
  • Rental Co: VRBO

Building Info

  • Year Built: 1972

Tax Info

  • Year: 2019
  • Taxes: 3576

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2019
Closed on
Dec 18, 2019
Sold by
Ross Robert S and Ross Helen S
Bought by
Disanto Vincent M and Disanto Sherry D
Seller's Agent
Heather VanderMyde
Coldwell Banker Seaside Realty - KDH
Buyer's Agent
Cathy Turner
Village Realty Holdings, LLC - NH
List Price
$499,000
Sold Price
$500,000
Premium/Discount to List
$1,000
0.2%
Total Days on Market
16
Current Estimated Value
$751,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$251,288
Avg. Annual Appreciation
7.76%
Original Mortgage
$400,000
Outstanding Balance
$356,427
Interest Rate
3.6%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Estimated Equity
$394,861
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
Disanto Vincent M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Disanto Vincent M $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $500,000 +0.2% $375 / Sq Ft
11/22/2019 11/22/19 Pending -- -- --
11/06/2019 11/06/19 For Sale $499,000 -- $374 / 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 $4,510 $502,600 $322,500 $180,100
2023 $2,042 $509,804 $322,500 $187,304
2022 $2,042 $509,804 $322,500 $187,304
2021 $2,042 $509,804 $322,500 $187,304
2020 $2,042 $509,804 $322,500 $187,304
2019 $1,747 $350,000 $238,000 $112,000
2018 $1,671 $350,000 $238,000 $112,000
2017 $1,668 $349,400 $238,000 $111,400
2016 $1,526 $349,400 $238,000 $111,400
2014 $3,296 $349,400 $238,000 $111,400
Source: Public Records

Agents Affiliated with this Home

  • Heather VanderMyde

    Seller's Agent in 2019

    Heather VanderMyde

    Coldwell Banker Seaside Realty - KDH

    (252) 202-2375

    486 Total Sales

    Heather VanderMyde
    Section Image
  • Will Gregg

    Seller Co-Listing Agent in 2019

    Will Gregg

    Coldwell Banker Seaside Realty - KDH

    (252) 202-4966

    79 Total Sales

    Will Gregg
    Section Image
  • Cathy Turner

    Buyer's Agent in 2019

    Cathy Turner

    Village Realty Holdings, LLC - NH

    (252) 449-8765

    53 Total Sales

    Cathy Turner
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107216

Outer Banks Association of REALTORS®

APN: 007003004

North Carolina Dare County Nags Head 27959

8331 S Old Oregon Inlet Rd Unit 4, Nags Head, NC

This home is located at 8331 S Old Oregon Inlet Rd Unit 4, Nags Head, NC 27959 since 06 November 2019 and is currently estimated at $751,288, approximately $562 per square foot. This property was built in 1972. 8331 S Old Oregon Inlet Rd Unit 4 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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