NOT LISTED FOR SALE

8643 W Inlet Ct Nags Head, NC 27959

Estimated Value: $542,000 - $706,000

3 Beds
2 Baths
1,147 Sq Ft
$539/Sq Ft Est. Value

Last Sold August 22, 2016

Last sale price $285,000 $248 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $3,478/month

79 Days on Market

Highlights

  • Community Beach Access
  • A-Frame Home
  • Main Floor Bedroom
  • Spa
  • Wood Flooring
  • Corner Lot

About This Home

As of August 2016

Well appointed cottage that calls you to "sit a spell". A kitchen remodel and updates makes the 1978 home look 20 years newer. This beach house is "move-in ready. The ground level has lots of storage and one section is used for a game room with pool table adding to the fun. After a day at the beach, rinse off in the outside shower and relax in the hot tub. The west side deck is the perfect spot to watch the beautiful OBX sunsets. This location in South Nags Head provides a quieter atmosphere yet you are so close to Tanger Outlet Mall, the causeway restaurants, Sam & Omie's plus FishHead's on the Pier. If you enjoy charters out of Oregon Inlet or launching your boat for personal enjoyment you are only 15 minutes away. This beach cottage is perfect if you are looking for a cozy get-away or a primary home at the beach.

Last Agent to Sell the Property

Colleen Shriver

Century 21 Nachman Realty License #154086 Listed on: 04/10/2016

Century 21 Nachman Realty

Last Buyer's Agent

Sheila Williamson

Sheila Williamson Broker License #141039

Sheila Williamson Broker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1978

Lot Details

  • 5,039 Sq Ft Lot
  • Corner Lot

Home Design

  • A-Frame Home
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,147 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Utility Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms

Parking

  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 11

Community Details

Overview

  • Cedar Homes Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,529

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: A-Frame, Cottage
  • Directions: MP 18 Across from Dunes South, Corner lot side driveway entry. Deeded beach access is driveway to north of 8629 S Old Oregon Inlet Road. Always available to be shown. Owners use the home in the summer and are happy to have it shown. 2 hour notice is appreciated.
  • Extras: Ceiling Fan(s), Hot Tub, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Cedar Homes Colony
  • Headline: Updated,Deeded Beach Access
  • Heated Sq Ft: 1147
  • L V T Date: 04/10/2016
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: 4 - lots from oceanfront (5th row)
  • Zoning: Res
  • Deed Book Pg Number: 0219
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Range/Oven, Refrigerator w/Ice Maker
  • Bedrooms: 3
  • Bedroom 1: On Level: 1
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Kitchen: On Level: 1
  • Floor Coverings: Carpet, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Dining Room: On Level: 1
  • Game Room: Unheated, On Level: Ground
  • Living Room: On Level: 1
  • Optional Room 1: Storage, On Level: Ground

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Ocean Access
  • Home Owner Dwelling Insurance: 2700

Lot Info

  • Estimated Lot Sq Ft: 5039
  • Lot Description: Corner
  • Lot Faces: W
  • Lot Number: Lot 11
  • Deed Book: 1586

Rental Info

  • Est Annual Rental Income: 26805
  • Flood Expenses: 1074
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1978

Tax Info

  • Year: 2015
  • Taxes: 1529.22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2016
Closed on
Aug 18, 2016
Sold by
Rimsky Robert James and Rimsky Jacqueline Tammy
Bought by
Fritz Philip E and Fritz Suzanne S
Seller's Agent
Colleen Shriver
Century 21 Nachman Realty
Buyer's Agent
Sheila Williamson
Sheila Williamson Broker
List Price
$299,900
Sold Price
$285,000
Premium/Discount to List
-$14,900
-4.97%
Current Estimated Value
$617,735

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$332,735
Avg. Annual Appreciation
8.86%
Original Mortgage
$228,000
Outstanding Balance
$182,727
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$434,716
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
Fritz Philip E $285,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fritz Philip E $228,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2016 08/22/16 Sold $285,000 -5.0% $248 / Sq Ft
06/28/2016 06/28/16 Pending -- -- --
04/10/2016 04/10/16 For Sale $299,900 -- $261 / 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 $2,441 $329,700 $159,900 $169,800
2023 $1,320 $329,700 $159,900 $169,800
2022 $1,320 $329,700 $159,900 $169,800
2021 $1,320 $329,700 $159,900 $169,800
2020 $1,320 $329,700 $159,900 $169,800
2019 $1,031 $219,400 $125,000 $94,400
2018 $1,031 $219,400 $125,000 $94,400
2017 $1,031 $219,400 $125,000 $94,400
2016 $943 $219,400 $125,000 $94,400
2014 $943 $219,400 $125,000 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91944

Outer Banks Association of REALTORS®

APN: 007122000