NOT LISTED FOR SALE

8401 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,977,000 - $2,405,000

9 Beds
8 Baths
4,100 Sq Ft
$531/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $1,500,000 $366 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,525/month

71 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Second Refrigerator
  • Ocean View
  • 0.51 Acre Lot
  • Cathedral Ceiling

About This Home

As of September 2021

Located on the Oceanfront at MP 17, this 9 Bedroom home is outfitted for FUN! A private beach walkway takes you straight to the Ocean front from your private (14x29) pool area including a Kiddie Pool and covered cabana area! You will love the panoramic Ocean views from the top level Great room, Dining and Kitchen areas and the mid level Hot Tub is the perfect spot to watch the moon rise over the Ocean in the evening. The ground level rec room offers a wet bar, 2nd fridge and pool table...just off the outdoor pool area when you need to come in and cool off! Enjoy happy hour and outdoor dining on the screened in porch to watch the gorgeous OBX sunsets! Prime location close to many great local restaurants, Jennette's Pier, the Outer Banks Fishing Pier, and Oregon Inlet! 2 BRAND NEW HEAT PUMPS just installed 2021!

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 05/22/2021

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Rick Drumm

Beach Realty & Construction License #141499

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,307

Year Built

  • Built in 1998

Lot Details

  • 0.51 Acre Lot
  • Beach Front
  • Level Lot

Home Design

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

Interior Spaces

  • 4,100 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 76 / 5

Community Details

Overview

  • Bodie Isl Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,307

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Lighting, Screened Porch, Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: AO, Shaded X, VE, X
  • Subdivision Name: Bodie Island Beach
  • Headline: 11% GRR w/ Rental Projection!
  • Heated Sq Ft: 4100
  • L V T Date: 05/22/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: xx
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2020: 154445
  • Advertised Income 2021: 161083
  • Deed Book Pg Number: 61
  • 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: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 9
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite, Pantry, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Hoa Contact: xx
  • HOA Contact: xx

Lot Info

  • Estimated Lot Sq Ft: 22000
  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot 76
  • Estimated Lot Size: 0.51
  • Deed Book: 1578

Rental Info

  • Est Annual Rental Income: 186275
  • Estimated Rental Performance: 0.1242
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: All Seasons
  • Rental Cottage Number: SNH20
  • Rental Phone Number: 252-255-1220
  • Rental Turnover Day: SAT
  • Rental Contact Email: debbie@outerbanksblue.com
  • Rental Contact Name: Debbie Runnells
  • Rental Contact Phone: 757-416-8177

Building Info

  • Year Built: 1998

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2020
  • Taxes: 8307.44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2021
Closed on
Nov 10, 2021
Sold by
Sharma Kushagra and Gupta Rashmi
Bought by
Upconnect Llc
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$1,799,000
Sold Price
$1,500,000
Premium/Discount to List
-$299,000
-16.62%
Current Estimated Value
$2,178,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$678,540
Avg. Annual Appreciation
9.58%
Original Mortgage
$1,200,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 22, 2021
Closed on
Sep 16, 2021
Sold by
Maranz Glenn
Bought by
Sharma Kushagra and Bansal Priyank
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
Rick Drumm
Beach Realty & Construction
List Price
$1,799,000
Sold Price
$1,500,000
Premium/Discount to List
-$299,000
-16.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
3.12%
Mortgage Type
New Conventional
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
Upconnect Llc -- None Available
Sharma Kushagra $1,500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sharma Kushagra $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/17/2021 09/17/21 Sold $1,500,000 -7.9% $366 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/27/2021 07/27/21 Price Changed $1,629,000 -4.1% $397 / Sq Ft
06/25/2021 06/25/21 Price Changed $1,699,000 -2.9% $414 / Sq Ft
06/11/2021 06/11/21 Price Changed $1,749,000 -2.8% $427 / Sq Ft
05/22/2021 05/22/21 For Sale $1,799,000 -- $439 / 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 $11,696 $1,251,700 $650,800 $600,900
2023 $5,095 $1,272,200 $650,800 $621,400
2022 $5,095 $1,272,200 $650,800 $621,400
2021 $5,095 $1,272,200 $650,800 $621,400
2020 $5,095 $1,272,200 $650,800 $621,400
2019 $4,845 $1,006,200 $511,200 $495,000
2018 $4,857 $1,006,200 $511,200 $495,000
2017 $4,857 $1,006,200 $511,200 $495,000
2016 $4,433 $1,006,200 $511,200 $495,000
2014 $9,592 $1,006,200 $511,200 $495,000
Source: Public Records

Agents Affiliated with this Home

  • Heather Sakers

    Seller's Agent in 2021

    Heather Sakers

    Coldwell Banker Seaside Realty KH

    (252) 599-6814

    31 in this area

    202 Total Sales

    Heather Sakers
    Section Image
  • Rick Drumm

    Buyer's Agent in 2021

    Rick Drumm

    Beach Realty & Construction

    (252) 305-9999

    26 in this area

    81 Total Sales

    Rick Drumm
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114504

Outer Banks Association of REALTORS®

APN: 007017000

North Carolina Dare County Nags Head 27959

8401 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 8401 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 22 May 2021 and is currently estimated at $2,178,540, approximately $531 per square foot. This property was built in 1998. 8401 S Old Oregon Inlet Rd 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.

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