NOT LISTED FOR SALE

8628 W Inlet Ct Nags Head, NC 27959

Estimated Value: $538,000 - $641,000

3 Beds
2.5 Baths
1,344 Sq Ft
$439/Sq Ft Est. Value

Last Sold September 29, 2014

Last sale price $235,000 $175 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $3,314/month

55 Days on Market

Highlights

  • Ocean View
  • Cathedral Ceiling
  • Cul-De-Sac
  • Beach Box Architecture
  • Furnished
  • Covered Deck

About This Home

As of September 2014

Price to sell!! No you are not dreaming, what an incredible value under $240K. This property is located in the small community of Cedar Homes Colony and well maintained by the original owner. Great South Nags Head location, drive to MP18 and you'll find this property tucked away at the very end of a small and private street yet within proximity to Jennette's Pier, restaurants and shopping. Cape Hatteras National Seashore is the view from the rear, a vacant wooded lot to the right and a few homes and the ocean is the front view. Wait, it gets better, the private beach access is located right across the street and makes for a very short walk. Yeah!! Just don't be surprised if you are greeted by a deer when you drive up! Three bedrooms and two full baths accommodate many, vacationers, family and friends. Or maybe this should be your secret? This property lends itself well to year round living, second home or income producing property. The top floor offers vaulted ceilings, a half bath for your convenience, a dining area and kitchen, fully equipped, spacious and open with lovely light paneling, two sets of sliding glass doors that walk out onto the deck with wonderful views and so many windows, makes this great room bright and inviting. Master bedroom and bath located on the first floor and opposite the two other bedrooms, laundry room close by. Recently replaced carpeting in great shape, neutral linoleum in the kitchen and baths, light paneling. Lots of parking, outside shower and storage shed to store all that beach apparel. Rented occasionally this property could easily gross $12K based on a similar property located on this same court. Nothing missing here but you!

Last Agent to Sell the Property

Johanna Holcomb

Coldwell Banker Seaside Realty KH License #224301 Listed on: 07/05/2014

Coldwell Banker Seaside Realty KH

Last Buyer's Agent

Madonna VanCuren

Coldwell Banker Seaside Realty - KDH License #136061

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,523

Year Built

  • Built in 1985

Lot Details

  • 5,000 Sq Ft Lot
  • Lot Dimensions are 71.38x68.45x71.38x68.45
  • Cul-De-Sac
  • Level Lot
  • Property is zoned Res.

Parking

  • Tuck Under Parking

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 1,344 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck
  • Storage Shed

Utilities

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

Community Details

  • Cedar Homes Subdivision

Listing and Financial Details

  • Tax Lot 15

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,523

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: S. Old Oregon Inlet Road to MP18, right on Inlet Court, right to last house on left.
  • Extras: Ceiling Fan(s), Covered Decks, Outside Shower, Storage Shed, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Cedar Homes Colony
  • Headline: Ocean views-Walk to the beach!
  • Heated Sq Ft: 1344
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res.
  • Deed Book Pg Number: Unk
  • 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: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite, Walk in Closet
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Lap Siding
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 71
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Adj to Park Serv./Preserv, Cul-de-sac, Level
  • Lot Faces: E
  • Lot Size: 71.38X68.45X71.38X68.45
  • Lot Number: Lot 15
  • Deed Book: Unk

Rental Info

  • Est Annual Rental Income: 12334
  • Estimated Rental Performance: 0.0525
  • Rental Co: Managed by Homeowner
  • Rental Turnover Day: Varies

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2013
  • Taxes: 1522.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2014
Closed on
Sep 26, 2014
Sold by
Mcconnell Ruth S
Bought by
Brow David M and Brown Barbara H
Seller's Agent
Johanna Holcomb
Coldwell Banker Seaside Realty KH
Buyer's Agent
Madonna VanCuren
Coldwell Banker Seaside Realty - KDH
List Price
$239,990
Sold Price
$235,000
Premium/Discount to List
-$4,990
-2.08%
Current Estimated Value
$590,183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,183
Avg. Annual Appreciation
8.91%
Original Mortgage
$188,000
Outstanding Balance
$105,497
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$495,954
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
Brow David M $235,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brow David M $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2014 09/29/14 Sold $235,000 -2.1% $175 / Sq Ft
08/29/2014 08/29/14 Pending -- -- --
07/05/2014 07/05/14 For Sale $239,990 -- $179 / 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 $2,214 $293,700 $159,900 $133,800
2023 $1,198 $299,052 $159,900 $139,152
2022 $1,198 $299,052 $159,900 $139,152
2021 $1,198 $299,052 $159,900 $139,152
2020 $1,198 $299,052 $159,900 $139,152
2019 $1,051 $218,400 $112,500 $105,900
2018 $1,051 $218,400 $112,500 $105,900
2017 $1,051 $218,400 $112,500 $105,900
2016 $962 $218,400 $112,500 $105,900
2014 $597 $218,400 $112,500 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 84336

Outer Banks Association of REALTORS®

APN: 007126000