NOT LISTED FOR SALE

8331 S Old Oregon Inlet Rd Unit 6 Nags Head, NC 27959

Estimated Value: $520,000 - $640,000

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

Last Sold March 08, 2013

Last sale price $235,000 $176 Per Sq Ft

Est. 145% increase in value since last sale

Current estimated payment $3,870/month

112 Days on Market

Highlights

  • Beach Front
  • Ocean View
  • Furnished
  • Community Beach Access
  • Rooftop Deck
  • Screened Porch

About This Home

As of March 2013

Great opportunity to own a SEMI-OCEANFRONT, 4 bedroom home in a beautiful section of South Nags Head w/large stable dune line, gorgeous wide beach, all within walking distance to both Jeannette's & Outer Banks Fishing Pier. Just a few steps away from private community Beach Access, home is sold fully furnished and already an established rental easily generating over $20K/year. Roof Top deck offers panoramic Ocean Views, MUST SEE! Home is well maintained with many upgrades in furnishing and finishes. Walk or bike for miles on multi-use path, dinner/shopping/fishing marinas all very close by.

Last Agent to Sell the Property

Ashley Massey

Landmark Sotheby's International Realty License #204018 Listed on: 10/05/2012

Landmark Sotheby's International Realty

Last Buyer's Agent

Carolyne Haas

Coast Realty License #265926

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,678

Year Built

  • Built in 1972

Lot Details

  • Beach Front

HOA Fees

  • $500 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • 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
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Off-Street Parking
  • Reserved Parking

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • 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
  • Laughing Gull Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access

Security

  • Storm Doors

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,678

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 oceanside, enter and 3 home in on Rt.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Outside Lighting, Outside Shower, Patio, Screened Porch, Storm Doors, Roof Top Deck
  • Subdivision Name: Laughing Gull Condos
  • Headline: 2nd home from Beach w/Views!
  • Heated Sq Ft: 1335
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 2
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 0108
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments

Exterior Features

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

Garage/Parking

  • Parking: Reserved, 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: 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

Lot Info

  • Lot Description: Beach Frontage, Level
  • Lot Faces: E
  • Deed Book: 1352

Rental Info

  • Est Annual Rental Income: 29115
  • Estimated Rental Performance: 0.1239
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Laughing Gull #6
  • Rental Cottage Number: LG-6
  • Rental Phone Number: 441-7033
  • Rental Turnover Day: SAT

Building Info

  • Year Built: 1972

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2012
  • Taxes: 2678

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2012
Closed on
Mar 8, 2013
Sold by
Stein Richard F and Stein Linda M
Bought by
Goodwin David E and Goodwin Genevieve B
Seller's Agent
Ashley Massey
Landmark Sotheby's International Realty
Buyer's Agent
Carolyne Haas
Coast Realty
List Price
$275,000
Sold Price
$235,000
Premium/Discount to List
-$40,000
-14.55%
Current Estimated Value
$575,640

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$340,640
Avg. Annual Appreciation
7.45%
Original Mortgage
$176,250
Outstanding Balance
$38,293
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$537,347
Source: Public Records

Range of Values:

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List Price
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
Goodwin David E $235,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goodwin David E $176,250
Previous Owner Stein Richard F $117,500
Previous Owner Stein Richard F $117,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2013 03/08/13 Sold $235,000 -14.5% $176 / Sq Ft
01/25/2013 01/25/13 Pending -- -- --
10/05/2012 10/05/12 For Sale $275,000 -- $206 / 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 $2,805 $311,300 $155,500 $155,800
2023 $1,272 $317,532 $155,500 $162,032
2022 $1,272 $317,532 $155,500 $162,032
2021 $1,274 $317,532 $155,500 $162,032
2020 $1,272 $317,532 $155,500 $162,032
2019 $1,333 $278,000 $166,000 $112,000
2018 $1,336 $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 $1,193 $277,400 $166,000 $111,400
Source: Public Records

Agents Affiliated with this Home

  • Ashley Massey

    Seller's Agent in 2013

    Ashley Massey

    Landmark Sotheby's International Realty

    (252) 202-4874

    17 in this area

    56 Total Sales

    Ashley Massey
    Section Image

  • C

    Buyer's Agent in 2013

    Carolyne Haas

    Coast Realty

    (252) 619-7542

    1 Total Sale

    Carolyne Haas
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 76521

Outer Banks Association of REALTORS®

APN: 007003006

North Carolina Dare County Nags Head 27959

8331 S Old Oregon Inlet Rd Unit 6, Nags Head, NC

This home is located at 8331 S Old Oregon Inlet Rd Unit 6, Nags Head, NC 27959 since 05 October 2012 and is currently estimated at $575,640, approximately $431 per square foot. This property was built in 1972. 8331 S Old Oregon Inlet Rd Unit 6 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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