NOT LISTED FOR SALE

8411 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,938,000 - $2,234,000

8 Beds
5.5 Baths
3,912 Sq Ft
$531/Sq Ft Est. Value

Last Sold June 01, 2018

Last sale price $1,000,000 $256 Per Sq Ft

Est. 101% increase in value since last sale

Current estimated payment $11,519/month

87 Days on Market

Highlights

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

About This Home

As of June 2018

One of the lowest priced 8 bedroom oceanfront homes on the market!...Located in a prime South Nags Head location!...Wide, quiet beaches and yet minutes to the Outer Banks & Jennettes Pier, Oregon Inlet Fishing Center, downtown Manteo and all of the Outer Banks attractions and restaurants! Very popular vacation home...as of 3/14/2018..$79,935!..booked for 2018!...perennial +/- $100,000 advertised rental income! Home sits on a deep road to ocean homesite...enjoy the spectacular ocean and sunrise views!..wide, uncrowded beaches !..in your backyard!..popular pedestrian/bike path next to road!...Spacious floor plan, private pool and lounging areas! Just installed...new mid level carpeting and windows/screens replaced/repaired by CRT window...ready for the next owner!...move quickly...it's a best buy!

Last Agent to Sell the Property

Daniel Fenyak

Outer Banks Blue Realty Srvcs. License #103918 Listed on: 01/11/2018

Last Buyer's Agent

Tim Moore

Joe Lamb, Realty License #208639

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,480

Year Built

  • Built in 1998

Lot Details

  • Beach Front
  • 50 Feet of Waterfront

Home Design

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

Interior Spaces

  • 3,912 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Screened Porch
  • Ocean Views
  • Dryer

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Pool

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

Outdoor Features

  • Sun Deck
  • Patio

Utilities

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

Community Details

  • Bodie Isl Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 81 / 5

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,480

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Beach Access, Ceiling Fan(s), Hot Tub, Jet Tub, Outside Shower, Patio, Screened Porch, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Bodie Island Beach
  • Headline: 8 BEDROOM OCEANFRONT BEST BUY!
  • Heated Sq Ft: 3912
  • L V T Date: 01/11/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0391
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Garage: Carport

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: 50' X 400' +/-
  • Lot Number: Lot 81
  • Deed Book: 1571

Rental Info

  • Flood Expenses: 2152
  • Lease Terms: Weekly
  • Maintenance Expenses: 6863
  • Other Expenses: 385
  • Other Expenses2: 333
  • Other Expenses3: 820
  • Other Insurance Expenses: 464
  • Poolspa Expense: 4647
  • Rental Co: Outer Banks Blue
  • Rental Cottage Name: Sea Dancer
  • Rental Cottage Number: SNH 014
  • Rental Phone Number: 252-255-0220
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1791
  • Annual Electric: 3515
  • Annual Telephone Expense: 744
  • Annual Water Expense: 676

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2017
  • Taxes: 9480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2018
Closed on
May 23, 2018
Sold by
Dibert Steven and Dibert Kanchan
Bought by
Hary Michael S and Martino Tara M
Seller's Agent
Daniel Fenyak
Outer Banks Blue Realty Srvcs.
Buyer's Agent
Tim Moore
Joe Lamb, Realty
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Current Estimated Value
$2,011,779

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,011,779
Avg. Annual Appreciation
10.68%
Original Mortgage
$750,000
Outstanding Balance
$664,778
Interest Rate
5.3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,414,161
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
Hary Michael S $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hary Michael S $750,000
Previous Owner Dibert Steven $816,000
Previous Owner Dibert Steven W $918,750
Previous Owner Dibert Steven W $167,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2018 06/01/18 Sold $1,000,000 -2.4% $256 / Sq Ft
04/08/2018 04/08/18 Pending -- -- --
03/19/2018 03/19/18 Price Changed $1,024,995 -2.4% $262 / Sq Ft
01/11/2018 01/11/18 For Sale $1,050,000 -- $268 / 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 $6,047 $1,144,600 $660,300 $484,300
2023 $6,047 $1,163,972 $660,300 $503,672
2022 $4,662 $1,163,972 $660,300 $503,672
2021 $4,669 $1,163,972 $660,300 $503,672
2020 $9,479 $1,163,972 $660,300 $503,672
2019 $4,730 $983,200 $518,700 $464,500
2018 $4,730 $983,200 $518,700 $464,500
2017 $4,730 $983,200 $518,700 $464,500
2016 $4,328 $983,200 $518,700 $464,500
2014 $4,328 $983,200 $518,700 $464,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 98852

Outer Banks Association of REALTORS®

APN: 007019001