NOT LISTED FOR SALE

8637 E Tides Dr Nags Head, NC 27959

Estimated Value: $1,030,000 - $1,319,000

6 Beds
6 Baths
2,813 Sq Ft
$413/Sq Ft Est. Value

Last Sold October 30, 2015

Last sale price $510,240 $181 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $6,673/month

862 Days on Market

Highlights

  • Beach Front
  • Cathedral Ceiling
  • Corian Countertops
  • Ocean View
  • Furnished
  • Cul-De-Sac

About This Home

As of October 2015

This home has a unique floor plan with six bedrooms and six full baths. The walls on the upper level and stairways are juniper. All baths are tiled throughout. The location of the bedrooms and baths creates privacy for each of your guest. There have been many upgrades including an elevator, remodeled kitchen with new cabinets and Corian countertops,as well as new upstairs carpet. The heat pumps were replaced in 2010. There are three zones for your comfort. Additional income of $12,485 to be added to the 2015 gross rentals which are booked by the owners. So rentals if not blocked by the owners will increase the 2015 to $53740.

Last Agent to Sell the Property

Judy Burnette

Judy Burnette Realty, LLC License #188805 Listed on: 05/02/2013

Last Buyer's Agent

Jennifer Place

Howard Hanna Outer Banks Realt License #187855

Howard Hanna Outer Banks Realt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,849

Year Built

  • Built in 1985

Lot Details

  • 0.26 Acre Lot
  • Beach Front
  • 66 Feet of Waterfront
  • Cul-De-Sac

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,813 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Window Treatments
  • Ocean Views
  • Washer

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Full Bathrooms

Utilities

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

Community Details

  • Yaupon Beach Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,849

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Approximately MP 18, Turn East on second entrance. On the right of the cul de sac
  • Flood Zone: VE
  • Subdivision Name: Yaupon Beach
  • Headline: Ocean Front Rental
  • Heated Sq Ft: 2813
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 0475
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 6
  • Countertops: Corian
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s)

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 22
  • View: Ocean
  • Water Frontage: 66

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1549

Lot Info

  • Estimated Lot Sq Ft: 11500
  • Lot Description: Beach Frontage, Cul-de-sac, Water Frontage
  • Lot Faces: E
  • Lot Size: 11500
  • Deed Book: 1822

Rental Info

  • Est Annual Rental Income: 42840
  • Estimated Rental Performance: 0.084
  • Flood Expenses: 1798
  • Rental Co: Stan White Realty & Const
  • Rental Cottage Name: Pompous Peligan
  • Rental Cottage Number: SN332
  • Rental Phone Number: 441-1515
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 812
  • Annual Electric: 1668
  • Annual Telephone Expense: 319
  • Annual Water Expense: 404

Building Info

  • Year Built: 1985

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2014
  • Taxes: 4849

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2013
Closed on
Oct 22, 2015
Sold by
Pompous Pelican Llc
Bought by
Swackhammer Jeffrey A
Seller's Agent
Judy Burnette
Judy Burnette Realty, LLC
Buyer's Agent
Jennifer Place
Howard Hanna Outer Banks Realt
List Price
$699,900
Sold Price
$510,240
Premium/Discount to List
-$189,660
-27.1%
Current Estimated Value
$1,160,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$650,175
Avg. Annual Appreciation
9.02%
Original Mortgage
$408,192
Outstanding Balance
$323,025
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$875,152

Purchase Details

Closed on
Dec 10, 2009
Sold by
Hamman Joyce M and Hamman Barbara
Bought by
Pompous Pelican Llc
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
Swackhammer Jeffrey A -- None Available
Pompous Pelican Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Swackhammer Jeffrey A $408,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2015 10/30/15 Sold $510,240 -27.1% $181 / Sq Ft
09/11/2015 09/11/15 Pending -- -- --
05/02/2013 05/02/13 For Sale $699,900 -- $249 / 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 $5,897 $646,700 $175,300 $471,400
2023 $2,666 $665,556 $175,300 $490,256
2022 $2,666 $665,556 $175,300 $490,256
2021 $2,666 $665,556 $175,300 $490,256
2020 $2,666 $665,556 $175,300 $490,256
2019 $2,996 $613,500 $135,300 $478,200
2018 $3,007 $613,500 $135,300 $478,200
2017 $2,467 $504,600 $135,300 $369,300
2016 $2,249 $504,600 $135,300 $369,300
2014 $2,249 $504,600 $135,300 $369,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 78955

Outer Banks Association of REALTORS®

APN: 007154000