NOT LISTED FOR SALE

8635 E Tides Dr Nags Head, NC 27959

Estimated Value: $786,000 - $1,030,000

2 Beds
2 Baths
1,280 Sq Ft
$717/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $440,000 $344 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,983/month

63 Days on Market

Highlights

  • Ocean Front
  • Furnished
  • Walk-In Closet
  • Beach Access
  • Granite Countertops
  • Outdoor Shower

About This Home

As of April 2015

Fantastic Oceanfront Vacation Rental. This is the Beach Cottage you have always wanted. Exposed Wood Beamed Ceilings give the authentic cottage interior that is so loved at the beach. The views are sprawling and gorgeous. The beach is beautiful and nourished. The kitchen is updated with granite and the interior is so thoughtfully furnished and arranged to maximize the feature you are there to enjoy, the OCEAN! Two Bedrooms, Two Baths and a Sleeping Loft. This cottage is small but not cramped, the open floor plan gives a light feel to the 1200 sq ft interior. This cottage is a Vacation Rental and performs like a Boss!

Last Agent to Sell the Property

Michael Davenport

Sun Realty - KDH License #82882 Listed on: 01/28/2015

Co-Listed By

LeAnne Wiggins

Sun Realty - KDH License #182819

Last Buyer's Agent

Ernest Evans

Outer Banks Home Search License #236959

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,734

Year Built

  • Built in 1981

Lot Details

  • 7,500 Sq Ft Lot
  • Ocean Front

Home Design

  • Frame Construction
  • Wood Shingle Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,280 Sq Ft Home
  • Furnished
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Sun Deck
  • Exterior Lighting

Utilities

  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • Yaupon Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,734

Year Built

Built in 1981

Lot Details

7,500 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Extras: Beach Access, Boardwalk to Beach, Outside Lighting, Outside Shower, Sun Deck
  • Headline: Oceanfront HUGE Rents!!
  • Heated Sq Ft: 1280
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0189
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ensuite, Walk in Closet, Washer Connection

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Roof: Wood Shingles
  • View: Ocean

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 7500
  • Lot Description: Water Frontage
  • Lot Number: Lot 8
  • Deed Book: 1585

Rental Info

  • Est Annual Rental Income: 56000
  • Estimated Rental Performance: 0.1273
  • Other Expenses: 121800
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Number: 038
  • Rental Phone Number: 252-261-4444

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2014
  • Taxes: 2733.72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 21, 2022
Sold by
Rigley Bill H and Rigley Diana L
Bought by
Schmalzle Michael A and Oneill Cristina L
Current Estimated Value
$917,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Outstanding Balance
$618,465
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$299,507

Purchase Details

Listed on
Jan 28, 2015
Closed on
Apr 20, 2015
Sold by
Cherubim Jean Marie and Cherubim Chemeli
Bought by
Rigley Bill H and Rigley Diana L
Seller's Agent
Michael Davenport
Sun Realty - KDH
Buyer's Agent
Ernest Evans
Outer Banks Home Search
List Price
$459,000
Sold Price
$440,000
Premium/Discount to List
-$19,000
-4.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$374,329
Interest Rate
3.87%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schmalzle Michael A $4,800,000 --
Rigley Bill H -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schmalzle Michael A $640,000
Previous Owner Rigley Bill H $374,329
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2015 04/17/15 Sold $440,000 -4.1% $344 / Sq Ft
04/01/2015 04/01/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $459,000 -- $359 / Sq Ft
Source: Outer Banks Association of REALTORS®

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
2025 $3,219 $969,500 $381,500 $588,000
2024 $3,970 $449,300 $155,300 $294,000
2023 $1,799 $449,300 $155,300 $294,000
2022 $1,799 $449,300 $155,300 $294,000
2021 $1,799 $449,300 $155,300 $294,000
2020 $1,799 $449,300 $155,300 $294,000
2019 $1,393 $296,300 $121,800 $174,500
2018 $1,438 $296,300 $121,800 $174,500
2017 $1,430 $295,500 $121,800 $173,700
2016 $1,305 $294,900 $121,800 $173,100
2014 $2,814 $294,900 $121,800 $173,100
Source: Public Records

Agents Affiliated with this Home

  • Michael Davenport

    Seller's Agent in 2015

    Michael Davenport

    Sun Realty - KDH

    (252) 202-6113

    22 in this area

    122 Total Sales

    Michael Davenport
    Section Image

  • L

    Seller Co-Listing Agent in 2015

    LeAnne Wiggins

    Sun Realty - KDH

    Section Image

  • E

    Buyer's Agent in 2015

    Ernest Evans

    Outer Banks Home Search

    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 86526

Outer Banks Association of REALTORS®

APN: 007153000

North Carolina Dare County Nags Head 27959

8635 E Tides Dr, Nags Head, NC

Not Listed for Sale

Detached

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