NOT LISTED FOR SALE

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

Estimated Value: $494,000 - $607,000

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. 140% increase in value since last sale

Current estimated payment $3,724/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%
Total Days on Market
112
Current Estimated Value
$563,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$328,378
Avg. Annual Appreciation
7.40%
Original Mortgage
$176,250
Outstanding Balance
$41,707
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$521,671
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
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

    57 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 $563,378, approximately $422 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.

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