NOT LISTED FOR SALE

8635 E Tides Dr Nags Head, NC 27959

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

2 Beds
2 Baths
1,417 Sq Ft
$648/Sq Ft Est. Value

Last Sold December 05, 2022

Last sale price $800,000 $565 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,983/month

Highlights

  • Ocean Front
  • Beach Box Architecture
  • Loft
  • Beach Access
  • Wood Flooring
  • Furnished

About This Home

As of December 2022

Breathtaking Oceanfront Cottage. You don't want to miss this one! Two Bedrooms, Two Baths, and sleeping loft thoughtfully furnished and arranged to maximize the feature you are there to enjoy, the Ocean. This move-in-ready, open-concept, home is light and bright. Plenty of windows provide an opportunity to enjoy majestic views in the comfort of your own living room. Granite counter tops and cozy spacious kitchen with a sliding door that opens onto the sun deck. Lovely screened porch is great for sharing quiet evenings by the shore. The beach is just steps away. Wonderful turnkey home or vacation rental opportunity.

Last Agent to Sell the Property

Oksana Tatevosyan

Beach Realty & Construction-KH License #332344 Listed on: 10/18/2022

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,779

Year Built

  • Built in 1981

Lot Details

  • Ocean Front
  • Property is zoned R2

Home Design

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

Interior Spaces

  • 1,417 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Skylights
  • Loft
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Parking

  • Paved Parking
  • Parking Lot

Accessible Home Design

  • Handicap Accessible

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Sun Deck
  • Patio
  • 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

$3,779

Year Built

Built in 1981

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box, Nags Head
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Handicap Friendly, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Heated Sq Ft: 1417
  • L V T Date: 10/18/2022
  • Primary Residence: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R2
  • Deed Book Pg Number: 0864
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C3297
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Freezer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, Stackable Washer/Dryer
  • Bedrooms: 2
  • Countertops: Granite
  • Floor Coverings: Carpet, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Skylight, Walk in Closet, Washer Connection
  • Optional Rooms: Loft

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Parking Lot, Paved

Utilities

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

Lot Info

  • Lot Description: Water Frontage
  • Lot Number: Lot 8
  • Deed Book: 2014

Rental Info

  • Est Annual Rental Income: 78855
  • Estimated Rental Performance: 0.0986

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2022
  • Taxes: 3778.62

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2022
Closed on
Nov 21, 2022
Sold by
Rigley Bill H and Rigley Diana L
Bought by
Schmalzle Michael A and Oneill Cristina L
Seller's Agent
Oksana Tatevosyan
Beach Realty & Construction-KH
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$870,000
Sold Price
$800,000
Premium/Discount to List
-$70,000
-8.05%
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.
Estimated Appreciation
$117,972
Avg. Annual Appreciation
4.39%
Original Mortgage
$640,000
Outstanding Balance
$618,465
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$299,507

Purchase Details

Closed on
Apr 20, 2015
Sold by
Cherubim Jean Marie and Cherubim Chemeli
Bought by
Rigley Bill H and Rigley Diana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
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
12/05/2022 12/05/22 Sold $800,000 -8.0% $565 / Sq Ft
10/18/2022 10/18/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $870,000 -- $614 / 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

  • Oksana Tatevosyan

    Seller's Agent in 2022

    Oksana Tatevosyan

    Beach Realty & Construction-KH

    (252) 207-5220

    2 in this area

    10 Total Sales

    Oksana Tatevosyan
    Section Image
  • Four Seasons Realty

    Buyer's Agent in 2022

    Four Seasons Realty

    Four Seasons Realty

    (252) 261-6664

    13 in this area

    276 Total Sales

    Four Seasons Realty
    Section Image

  • J

    Buyer Co-Listing Agent in 2022

    Jack Konstanzer

    Four Seasons Realty

    (252) 207-2607

    3 in this area

    30 Total Sales

    Jack Konstanzer
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120610

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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