NOT LISTED FOR SALE

8405 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,957,000 - $2,232,000

8 Beds
7 Baths
3,912 Sq Ft
$525/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $1,025,000 $262 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $11,802/month

7 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Second Refrigerator
  • Ocean View
  • 0.52 Acre Lot
  • Coastal Architecture

About This Home

As of December 2018

*YOU FOUND THE BEST 8 BEDROOM OCEANFRONT INVESTMENT IN NAGS HEAD!* $127K GROSS ANNUAL RENTAL INCOME * NEW KITCHEN FEATURES QUARTZ COUNTER TOPS SS STEEL APPL. 2 DISHWASHERS, 2 RANGES & 2 MICROWAVES * NEW ROOF TO BE INSTALLED ASAP * BACKYARD BOARDWALK TO GUARDED BODIE ISLAND BEACH * BIKE OR WALK ON PATH TO JENNETTES PIER * WINNING FLOOR PLAN * LEXINGTON FURNITURE * HEATED PRIVATE POOL * ORIGINAL OWNER HAS KEPT GREAT RECORDS & HAPPY TO SHARE! DON'T HESITATE THIS PROPERTY IS PRICED RIGHT & STEADILY MAINTAINED FOR NEW OWNERS TO ENJOY & MAKE PRICELESS MEMORIES FOR YEARS TO COME!

Last Agent to Sell the Property

Michelle Gardner

ROG OBX, Inc License #293580 Listed on: 10/01/2018

Last Buyer's Agent

Stephanie Walker

Stephanie Walker and Associates License #110099

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,340

Year Built

  • Built in 1998

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 50 x 700
  • Beach Front
  • 50 Feet of Waterfront

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,912 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block #78 / 5

Community Details

Overview

  • Bodie Isl Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,340

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: NAGS HEAD SOUTH ON RT 12 , PASS JENNETTES PIER LESS THAN A MILE TO 3RD HOUSE AFTER HARDGROVE ST BEACH ACCESS!
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Shower, Patio, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: BODIE ISLAND BEACH
  • Headline: $$$ Oceanfront Money Maker $$$
  • Heated Sq Ft: 3912
  • L V T Date: 10/01/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 0059
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C5591
  • 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 w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Granite, Solid Surface
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Gas Fireplace, Ensuite, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean, Sound
  • Water Frontage: 50

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 22500
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Size: 50 x 700
  • Lot Number: Lot#78
  • Estimated Lot Size: 0.52
  • Deed Book: 1578

Rental Info

  • Est Annual Rental Income: 127170
  • Estimated Rental Performance: 0.1241
  • Lease Terms: Weekly
  • Other Expenses: 518700
  • Poolspa Expense: 3673
  • Rental Co: Resort Realty
  • Rental Cottage Name: SANDPIPER
  • Rental Cottage Number: 5756
  • Rental Phone Number: 252-441-5000
  • Rental Turnover Day: SATURDAY
  • Rental Contact Email: Debbie.Harrell@resortrealty.com
  • Rental Contact Name: DEBBIE HARRELL
  • Rental Contact Phone: 252-305-9011

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2018
  • Taxes: 9340.26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2018
Closed on
Dec 14, 2018
Sold by
Cook Joseph E and Cook Kathy B
Bought by
Coale Ft
Seller's Agent
Michelle Gardner
ROG OBX, Inc
Buyer's Agent
Stephanie Walker
Stephanie Walker and Associates
List Price
$1,000,050
Sold Price
$1,025,000
Premium/Discount to List
$24,950
2.49%
Current Estimated Value
$1,994,830

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$969,830
Avg. Annual Appreciation
11.03%
Original Mortgage
$750,000
Interest Rate
4.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Coale Ft $1,025,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coale Ft $700,000
Closed Coale Ft $750,000
Previous Owner Cook Joseph E $380,000
Previous Owner Cook Joseph E $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $1,025,000 -2.4% $262 / Sq Ft
10/08/2018 10/08/18 Pending -- -- --
10/01/2018 10/01/18 Price Changed $1,050,000 +5.0% $268 / Sq Ft
10/01/2018 10/01/18 For Sale $1,000,050 -- $256 / 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 $10,557 $1,128,100 $660,300 $467,800
2023 $4,593 $1,146,812 $660,300 $486,512
2022 $4,593 $1,146,812 $660,300 $486,512
2021 $4,593 $1,146,812 $660,300 $486,512
2020 $4,593 $1,146,812 $660,300 $486,512
2019 $4,611 $959,100 $518,700 $440,400
2018 $4,611 $959,100 $518,700 $440,400
2017 $4,751 $987,500 $518,700 $468,800
2016 $4,347 $987,500 $518,700 $468,800
2014 $4,347 $987,500 $518,700 $468,800
Source: Public Records

Agents Affiliated with this Home

  • Michelle Gardner

    Seller's Agent in 2018

    Michelle Gardner

    ROG OBX, Inc

    (252) 715-1911

    5 in this area

    34 Total Sales

    Section Image
  • Stephanie Walker

    Buyer's Agent in 2018

    Stephanie Walker

    Stephanie Walker and Associates

    (252) 202-3504

    15 in this area

    59 Total Sales

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102139

Outer Banks Association of REALTORS®

APN: 007018000

North Carolina Dare County Nags Head 27959

8405 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 8405 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 01 October 2018 and is currently estimated at $2,055,300, approximately $525 per square foot. This property was built in 1998. 8405 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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