NOT LISTED FOR SALE

8403 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $2,114,522 - $2,377,000

8 Beds
5 Baths
3,950 Sq Ft
$568/Sq Ft Est. Value

Last Sold September 16, 2016

Last sale price $949,000 $240 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $11,809/month

4 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Hydromassage or Jetted Bathtub

About This Home

As of September 2016

Beautifully decorated oceanfront home located in South Nags Head. This 8 bedroom, 5 bathroom home has been loved and cared for by the current owners and it shows throughout. This coastal reverse floor plan is designed to take advantage of the beautiful ocean views. The top level offers the perfect area of entertaining with a large open great room, kitchen with breakfast bar and dining area. This level also offers a private master bedroom. Venture outside to find ample exterior decking along with private screened porch. The mid level is where you will find an additional five (5) bedrooms (1 master) along with a total of 3 bathrooms. A large game room with pool table and the final of the two (2) bedrooms is located on the ground level with direct access to the large private pool / decking area. A private beach boardwalk makes accessing the beautiful beaches of Nags Head a breeze! Home has everything you are looking for and a strong rental history- come check it out today!

Last Agent to Sell the Property

Matt Myatt

Keller Williams - Outer Banks License #218707 Listed on: 07/27/2016

Keller Williams - Outer Banks

Last Buyer's Agent

Beth Dobney Garcia

Coldwell Banker Seaside Realty KH License #174853

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,310

Year Built

  • Built in 1998

Lot Details

  • Beach Front
  • Level Lot

Home Design

  • Reverse Style Home
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,950 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • 5 Full Bathrooms
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block #77 / 5

Community Details

Overview

  • Bodie Isl Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,310

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Old Oregon Inlet Road South - Oceanfront two houses south of E. Hardgrove Beach Access.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Headline: Strong Rental History!
  • Heated Sq Ft: 3950
  • L V T Date: 07/27/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0060
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling, Slab
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Optional Rooms: Game Room

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot #77
  • Deed Book: 1578

Rental Info

  • Est Annual Rental Income: 99530
  • Lease Terms: Weekly
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Never Never Land
  • Rental Cottage Number: SNH021
  • Rental Phone Number: (252) 255-1220
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2016
  • Taxes: 7310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Scoggin John R and Scoggin Jamie M
Bought by
Mclay Robert Neil and Mclay Barbara A
Current Estimated Value
$2,065,522

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$749,340
Interest Rate
6.64%
Mortgage Type
New Conventional
Estimated Equity
$1,494,291

Purchase Details

Listed on
Jul 27, 2016
Closed on
Sep 19, 2016
Sold by
Phillips Michael J and Phillips Debra D
Bought by
Scoggin John R and Scoggin Jamie M
Seller's Agent
Matt Myatt
Keller Williams - Outer Banks
Buyer's Agent
Beth Dobney Garcia
Coldwell Banker Seaside Realty KH
List Price
$949,000
Sold Price
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.15%
Original Mortgage
$711,750
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Mclay Robert Neil $2,250,000 None Listed On Document
Scoggin John R $949,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mclay Robert Neil $750,000
Previous Owner Scoggin John R $711,750
Previous Owner Phillips Michael J $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2016 09/16/16 Sold $949,000 0.0% $240 / Sq Ft
07/31/2016 07/31/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $949,000 -- $240 / 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 $5,997 $1,134,400 $655,500 $478,900
2023 $5,997 $1,153,556 $655,500 $498,056
2022 $4,620 $1,153,556 $655,500 $498,056
2021 $4,620 $1,153,556 $655,500 $498,056
2020 $4,510 $1,126,100 $655,500 $470,600
2019 $4,667 $970,300 $515,000 $455,300
2018 $4,704 $977,800 $515,000 $462,800
2017 $4,704 $977,800 $515,000 $462,800
2016 $4,304 $977,800 $515,000 $462,800
2014 $4,314 $977,800 $515,000 $462,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 93220

Outer Banks Association of REALTORS®

APN: 007017001