NOT LISTED FOR SALE

8649 W Inlet Ct Nags Head, NC 27959

Estimated Value: $563,000 - $652,000

3 Beds
2 Baths
1,066 Sq Ft
$574/Sq Ft Est. Value

Last Sold May 24, 2019

Last sale price $349,900 $328 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $3,448/month

170 Days on Market

Highlights

  • Community Beach Access
  • Furnished
  • Skylights
  • Saltbox Architecture
  • Screened Porch
  • Outdoor Shower

About This Home

As of May 2019

REMODELED AND RENOVATED IN THE PAST TWO YEARS. It's all new and darling cute. Perfectly located on a quiet cul-de-sac, there's just a short walk to the private, deeded beach access path. The home has been lovingly remodeled to be both charming and practical. Original Nags Head stying features a recently added summer porch; perfect for catching summer's southwest breezes. The porch offers the perfect spot for lazy Sunday morning coffee. This home is turn-key ready and being sold completely furnished. Renovations are complete. The kitchen was updated to be more functional and a second full bathroom was added. New windows, new slider, new siding, new roof, new HVAC, and new carpet. This charming cottage does well in a seasonal rental program but is also well-priced to be an affordable second home at the beach.

Co-Listed By

Dru Ferrence

Basnight Realty License #174208

Last Buyer's Agent

Vanessa Watson

Coastal Carolina Vacations License #217744

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,732

Year Built

  • Built in 1983

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

Parking

  • Off-Street Parking

Home Design

  • Saltbox Architecture
  • Cottage
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,066 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Outdoor Shower

Utilities

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

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • Cedar Homes Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,732

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Saltbox, Cottage
  • Directions: South on Old Oregon Inlet Rd, West on W Inlet Ct, Left on W Inlet Ct, House at end on left
  • Extras: Beach Access, Ceiling Fan(s), Outside Shower, Screened Porch
  • Flood Zone: AE
  • Subdivision Name: CEDAR HOMES COLONY
  • Headline: DARLING RENOVATION-REMODEL
  • Heated Sq Ft: 1066
  • L V T Date: 11/01/2018
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Zoning: Res
  • Deed Book Pg Number: 0385
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Skylight

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Roof: Asphalt/Fiber Shingle

Garage/Parking

  • Parking: 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: 1238

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Level
  • Lot Number: Lot 8
  • Estimated Lot Size: 0.11
  • Deed Book: 2072

Rental Info

  • Est Annual Rental Income: 32393
  • Estimated Rental Performance: 0.0926
  • Lease Terms: Weekly
  • Other Insurance Expenses: 343
  • Rental Co: Carolina Shores
  • Rental Cottage Name: Cottage by the Sea
  • Rental Cottage Number: SN8649
  • Rental Turnover Day: Varies
  • Annual Cable TV Expense: 1683
  • Annual Electric: 1217
  • Annual Water Expense: 254
  • Rental Contact Name: Carolina Shores Vacations
  • Rental Contact Phone: 252-7151901

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2018
  • Taxes: 1732

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2018
Closed on
May 13, 2019
Sold by
Saunders Mark W and Thoman Robert E
Bought by
Hawthorne-Copenhaver E
Buyer's Agent
Vanessa Watson
Coastal Carolina Vacations
List Price
$379,900
Sold Price
$349,900
Premium/Discount to List
-$30,000
-7.9%
Total Days on Market
170
Current Estimated Value
$611,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$261,821
Avg. Annual Appreciation
9.71%
Original Mortgage
$314,910
Outstanding Balance
$279,133
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$332,588

Purchase Details

Listed on
Aug 5, 2015
Closed on
Jan 28, 2016
Sold by
Gower Jonathan D and Gower Kathleen J
Bought by
Saunders Mark W and Thoman Robert E
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Dru Ferrence
Basnight Realty
List Price
$289,000
Sold Price
$250,000
Premium/Discount to List
-$39,000
-13.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Source: Public Records

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Range of Values:

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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
Hawthorne-Copenhaver E $350,000 --
Saunders Mark W $250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hawthorne-Copenhaver E $314,910
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2019 05/24/19 Sold $349,900 0.0% $328 / Sq Ft
04/19/2019 04/19/19 Pending -- -- --
12/28/2018 12/28/18 Price Changed $349,900 -4.1% $328 / Sq Ft
11/27/2018 11/27/18 Price Changed $365,000 -3.9% $342 / Sq Ft
10/31/2018 10/31/18 For Sale $379,900 +52.0% $356 / Sq Ft
01/28/2016 01/28/16 Sold $250,000 -13.5% $245 / Sq Ft
12/20/2015 12/20/15 Pending -- -- --
08/05/2015 08/05/15 For Sale $289,000 -- $283 / 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 $2,419 $326,700 $159,900 $166,800
2023 $1,308 $326,700 $159,900 $166,800
2022 $1,308 $326,700 $159,900 $166,800
2021 $2,280 $326,700 $159,900 $166,800
2020 $1,335 $333,372 $159,900 $173,472
2019 $1,047 $218,200 $125,000 $93,200
2018 $0 $218,200 $125,000 $93,200
2017 $1,047 $218,200 $125,000 $93,200
2016 $895 $204,100 $125,000 $79,100
2014 $895 $204,100 $125,000 $79,100
Source: Public Records

Agents Affiliated with this Home

  • Dru Ferrence

    Seller Co-Listing Agent in 2019

    Dru Ferrence

    Basnight Realty

    (252) 597-5560

    92 Total Sales

    Dru Ferrence
    Section Image
  • Vanessa Watson

    Buyer's Agent in 2019

    Vanessa Watson

    Coastal Carolina Vacations

    (252) 202-8181

    35 Total Sales

    Vanessa Watson
    Section Image
  • Trisha Midgett

    Seller's Agent in 2016

    Trisha Midgett

    Midgett Realty - Rodanthe

    (252) 996-0124

    1,305 Total Sales

    Trisha Midgett
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 102533

Outer Banks Association of REALTORS®

APN: 007119000

North Carolina Dare County Nags Head 27959

8649 W Inlet Ct, Nags Head, NC

This home is located at 8649 W Inlet Ct, Nags Head, NC 27959 since 31 October 2018 and is currently estimated at $611,721, approximately $573 per square foot. This property was built in 1983. 8649 W Inlet Ct is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

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