NOT LISTED FOR SALE

8613 E Tides Dr Nags Head, NC 27959

Nags Head Area

Estimated Value: $1,122,000 - $1,379,000

5 Beds
3 Baths
2,055 Sq Ft
$596/Sq Ft Est. Value

Sale Details

Date Sold: March 8, 2019

Last sale price $728,000 $354 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $7,298 / mo

52 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Wood Flooring
  • Beach Access
  • Coastal Architecture
  • Loft

About This Home

As of March 2019

Oceanfront! Nags Head Beach Cottage! Impressive rental! This classic looking, 5 bedroom South Nags Head Cottage is perched on a high lot overlooking the Atlantic Ocean. Tide Drive is located just a short walk north from the Outer Banks Fishing Pier and the visitors favorite, Fish Heads Bar and Grill! The beach is in great shape and the dune is well vegetated. Great South Nags Head location. The home has beautiful covered porches, a private pool / hot tub and private ocean access. Inside, its a classic beach cottage, with hardwood floors and views of the water! The floor plan is open and is well laid out. It gives you just what you need in a beach home. Fantastic consistent rentals! Advertised rental has been over $110,000 for the past 3 years and was $117,000 in 2018. GRI/PP is 12% based on Owner Gross income in 2018. This property has oceanfront charm mixed with great rental performance. Must see!

Last Agent to Sell the Property

Brad Beacham

Landmark Sotheby's Internation License #194377 Listed on: 12/06/2018

Landmark Sotheby's Internation

Co-Listed By

Cameron Griggs

Coldwell Banker Seaside Realty KH License #294636

Last Buyer's Agent

Terry Cremia

Shore Realty License #204156

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,247

Year Built

  • Built in 1982

Lot Details

  • Ocean Front

Home Design

  • Coastal Architecture
  • Cottage
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,055 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Loft
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Fiberglass Pool
  • Spa

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 5

Community Details

Overview

  • Tides Time Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,247

Year Built

Built in 1982

Lot Details

0.43 Acres

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal, Cottage
  • Directions: Old Oregon Inlet Road almost to Outer Banks Fishing Pier, turn east on Tide Dr. Home is in the NE corner of Tide Dr
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Sun Deck
  • Flood Zone: VE
  • Headline: Nags Head Cottage-Big Rents!
  • Heated Sq Ft: 2055
  • L V T Date: 12/07/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0282
  • 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 w/Ice Maker, Washer
  • Bedrooms: 5
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Optional Rooms: Game Room, Loft

Exterior Features

  • Exterior: Shakes
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Utilities

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

Lot Info

  • Lot Description: Water Frontage
  • Lot Number: Lot 5
  • Deed Book: 1823

Rental Info

  • Rental Co: Seaside Vacations
  • Rental Cottage Name: Tides Times
  • Rental Cottage Number: 7060
  • Rental Phone Number: 252-261-5500
  • Rental Turnover Day: Sunday
  • Rental Contact Email: mcopeland@seasiderealty.com
  • Rental Contact Name: Michelle Russell
  • Rental Contact Phone: 252-261-5500

Building Info

  • Year Built: 1982

Tax Info

  • Year: 2018
  • Taxes: 4247

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2018
Closed on
Mar 5, 2019
Sold by
Bought by
Seller's Agent
Brad Beacham
Landmark Sotheby's Internation
Buyer's Agent
Terry Cremia
Shore Realty
List Price
$829,000
Sold Price
$728,000
Premium/Discount to List
-$101,000
-12.18%
Current Estimated Value
$1,223,811

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$495,811
Avg. Annual Appreciation
7.27%
Original Mortgage
$582,400
Interest Rate
0.044%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 13, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
0.0636%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$728,000 --
-- None Available
$735,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $580,000
Closed $582,400
Previous Owner $73,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/08/2019 03/08/19 Sold $728,000 -8.9% $354 / Sq Ft
01/27/2019 01/27/19 Pending -- -- --
01/04/2019 01/04/19 Price Changed $799,000 -3.6% $389 / Sq Ft
12/06/2018 12/06/18 For Sale $829,000 -- $403 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $7,554 $1,239,700 $455,000 $784,700
2024 $6,818 $749,200 $185,300 $563,900
2023 $6,838 $771,756 $185,300 $586,456
2022 $3,091 $771,756 $185,300 $586,456
2021 $6,504 $773,316 $185,300 $588,016
2020 $3,140 $783,924 $185,300 $598,624
2019 $2,096 $431,300 $136,400 $294,900
2018 $2,103 $431,300 $136,400 $294,900
2017 $2,103 $431,300 $136,400 $294,900
2016 $1,918 $431,300 $136,400 $294,900
2014 $4,149 $431,300 $136,400 $294,900
Source: Public Records

Agents Affiliated with this Home

  • Brad Beacham

    Seller's Agent in 2019

    Brad Beacham

    Landmark Sotheby's Internation

    (252) 202-6920

    156 Total Sales

    Brad Beacham
    Section Image
  • Cameron Griggs

    Seller Co-Listing Agent in 2019

    Cameron Griggs

    Coldwell Banker Seaside Realty KH

    (919) 390-4537

    95 Total Sales

    Cameron Griggs
    Section Image
  • Terry Cremia

    Buyer's Agent in 2019

    Terry Cremia

    Shore Realty

    (252) 207-3111

    69 Total Sales

    Terry Cremia
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102916

Outer Banks Association of REALTORS®

APN: 007138000

North Carolina Dare County Nags Head 27959

8613 E Tides Dr, Nags Head, NC

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.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.