NOT LISTED FOR SALE

8438 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $552,000 - $726,000

3 Beds
4 Baths
1,536 Sq Ft
$431/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $250,000 $163 Per Sq Ft

Est. 165% increase in value since last sale

Current estimated payment $3,616/month

390 Days on Market

Highlights

  • Ocean View
  • Loft
  • Furnished
  • Beach Access
  • Corner Lot
  • Outdoor Shower

About This Home

As of October 2014

REDUCED TO SELL!!! Located approximately 500 feet from the pristine beach of South Nags Head.This South Nags Head Cottage features 3 bedrooms & a wonderful loft with Bunk- Beds. Plus FOUR FULL BATHS. New Rear Deck, July 2014 The kitchen with its large Breakfast Counter is open to the Dining Area & Family Room. The open floor plan is inviting & the four spacious decks are great places to relax & enjoy the wonderful views . To the east you can enjoy a view of the Atlantic Ocean & to the west there is lots of foliage & protected lands. SHOW & SELL!!!

Last Agent to Sell the Property

Camille Brevetti

Coldwell Banker Seaside Realty KH License #178620 Listed on: 08/16/2013

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Stephanie Massoth

Stephanie Massoth Sole Proprietorship License #265971

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,736

Year Built

  • Built in 1975

Lot Details

  • Lot Dimensions are 69 x 101
  • Corner Lot
  • Level Lot

Parking

  • Tuck Under Parking

Home Design

  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,536 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Loft
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Sun Deck

Utilities

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

Community Details

  • Oceanside Subdivision

Listing and Financial Details

  • Tax Lot 21

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,736

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Dutch Colonial
  • Directions: South on Old Oregon Inlet Rd. to MP 17.5; home on right
  • Extras: Beach Access, Ceiling Fan(s), Outside Shower, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Oceanside Ssection 1 Revised
  • Headline: SELLER WANTS IT SOLD!!!
  • Heated Sq Ft: 1536
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Residentia
  • Deed Book Pg Number: 0422
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Washer Connection
  • Optional Rooms: Loft

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Under

Utilities

  • Cooling: Central
  • Heating: Central
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1592

Lot Info

  • Lot Description: Corner, Level
  • Lot Faces: E
  • Lot Size: 69 X 101
  • Lot Number: Lot 21
  • Deed Book: 1632

Rental Info

  • Est Annual Rental Income: 16500
  • Estimated Rental Performance: 0.066
  • Flood Expenses: 470
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Ocean View Cottage
  • Rental Cottage Number: 516 B
  • Rental Phone Number: 252-441-7033
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1975

Tax Info

  • Year: 2013
  • Taxes: 1735.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2013
Closed on
Oct 30, 2014
Sold by
Lamountain Joseph S and Carter Mary M
Bought by
Ventura Horacio M and Caetano Ventura Ann P
Seller's Agent
Camille Brevetti
Coldwell Banker Seaside Realty KH
Buyer's Agent
Stephanie Massoth
Stephanie Massoth Sole Proprietorship
List Price
$299,000
Sold Price
$250,000
Premium/Discount to List
-$49,000
-16.39%
Current Estimated Value
$662,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,424
Avg. Annual Appreciation
9.30%
Original Mortgage
$200,000
Outstanding Balance
$154,663
Interest Rate
4.26%
Mortgage Type
New Conventional
Estimated Equity
$507,761

Purchase Details

Closed on
Apr 22, 2005
Sold by
Rounds Nevin D and Borenstein Rounds Donnie
Bought by
Lamountain Joseph S and Carter Mary M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
5.8%
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
Ventura Horacio M $250,000 Attorney
Lamountain Joseph S $380,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventura Horacio M $200,000
Previous Owner Lamountain Joseph S $218,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2014 10/30/14 Sold $250,000 -16.4% $163 / Sq Ft
09/10/2014 09/10/14 Pending -- -- --
08/16/2013 08/16/13 For Sale $299,000 -- $195 / 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 $1,252 $331,200 $157,200 $174,000
2023 $1,150 $338,160 $157,200 $180,960
2022 $1,354 $338,160 $157,200 $180,960
2021 $2,365 $338,160 $157,200 $180,960
2020 $1,354 $338,160 $157,200 $180,960
2019 $1,202 $250,400 $144,900 $105,500
2018 $1,204 $250,400 $144,900 $105,500
2017 $1,204 $250,400 $144,900 $105,500
2016 $1,099 $250,400 $144,900 $105,500
2014 $1,761 $247,500 $144,900 $102,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80229

Outer Banks Association of REALTORS®

APN: 007925000