NOT LISTED FOR SALE

8643 S Old Oregon Inlet Rd Nags Head, NC 27959

3 Beds
2.5 Baths
1,344 Sq Ft
1980 Built

Last Sold June 03, 2016

Last sale price $210,000 $156 Per Sq Ft

103 Days on Market

Highlights

  • Community Beach Access
  • Furnished
  • Covered Deck
  • Ocean View
  • Tennis Courts
  • En-Suite Primary Bedroom

About This Home

As of June 2016

Ocean view Dunes South unit has New Decks, Vinyl Siding, Windows, Doors in 2008, Roof in 98, New HVAC units in 2009, 2007. There is higher income potential as there are several weeks the owners block for personal use. Easy walk to Jeannette's Pier and Outer Banks Fishing Pier, sold fully furnished. Ocean Views, tennis courts, walkway to ocean, large decks, inside laundry area, outside storage room. Owner is responsible for outside maintenance and HVAC just like a house, owner pays insurance and flood insurance - the HOA does take care of the septic, common areas, tennis courts, lighting and dune replenishment. Under "Other" on financials is Contents insurance is $140 a year, Gas is $75. The Owner owns the exterior walls and the ground it sits on; so it is a form of a duplex however the tax records show it as a condo - so it is some form of a duplex condo. Financing has been provided on 2 Dunes South Condos through First Bank - Contact Mike Wiegand 252-441-6358 for financing options.

Last Agent to Sell the Property

Rick Drumm

Beach Realty & Construction License #141499 Listed on: 01/12/2016

Last Buyer's Agent

Dawn Stultz

Blue Horizon Realty License #251514

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,587

Year Built

  • Built in 1980

Lot Details

  • Level Lot

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Reverse Style Home
  • Property Attached
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,344 Sq Ft Home
  • Furnished
  • Window Treatments
  • Vinyl Flooring
  • Ocean Views
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot 30

Community Details

Overview

  • Association fees include road maintenance, tennis courts, walkways
  • Eric Cohen/Resort Realty Association
  • Dunes South Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,587

Year Built

Built in 1980

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: GO TO SOUTH NAGSHEAD, TURN EAST INTO DUNES SOUTH, MAKE 1ST LEFT, BLDG LAST ON LEFT SOUTH UNIT.
  • Extras: Beach Access, Boardwalk to Beach, Covered Decks, Outside Lighting, Sun Deck
  • Subdivision Name: DUNES SOUTH
  • Headline: Affordable Oceanside Condo
  • Heated Sq Ft: 1344
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Unit Level Number: 1
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: RES
  • Deed Book Pg Number: 0403
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 3
  • Bedroom 1: MASTER, On Level: 2
  • Bedroom 2: GUEST, On Level: 2
  • Bedroom 3: GUEST, On Level: 2
  • Kitchen: OPEN, On Level: 2
  • Floor Coverings: Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection
  • Dining Room: COMBO, On Level: 2
  • Living Room: OPEN, On Level: 2
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: YES
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: YES
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street, Under

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Road Maintenance, Tennis Courts, Walkways
  • Condo Type: Attached
  • Association Amenities: Ocean Access, Outdoor-Comm. Tennis, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 2100
  • Hoa Contact: ERIC COHEN/RESORT REALTY
  • HOA Contact: 441-2134
  • Home Owner Dwelling Insurance: 1437

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 30
  • Deed Book: 1242

Rental Info

  • Est Annual Rental Income: 16300
  • Estimated Rental Performance: 0.0776
  • Flood Expenses: 294
  • Lease Terms: Weekly
  • Other Expenses: 75
  • Other Expenses2: 140
  • Rental Co: Sun Realty
  • Rental Cottage Name: Banana Wind
  • Rental Cottage Number: 533-44
  • Rental Phone Number: 441-7033
  • Rental Turnover Day: SATURDAY
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1050
  • Annual Electric: 900
  • Annual Water Expense: 435

Building Info

  • Year Built: 1980

Tax Info

  • Year: 2015
  • Taxes: 2587

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2016 06/03/16 Sold $210,000 -15.7% $156 / Sq Ft
04/24/2016 04/24/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $249,000 -- $185 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 90743

Outer Banks Association of REALTORS®