$250,000
SOLD JAN 28, 2016

8649 W Inlet Ct Nags Head, NC 27959

3 Beds
1.5 Baths
1,022 Sq Ft
5,000 Sq Ft Lot

Recently Sold

$245 Per Sq Ft

13% Below List Price

137 Days on Market

Highlights

  • Ocean View
  • Coastal Architecture
  • Skylights
  • Beach Access
  • Furnished
  • Outdoor Shower

About This Home

As of May 2019

Cute, well-loved cottage in a nice quiet neighborhood. Located in a cul-de-sac, this home has convenient private access to the South Nags Head beach, as well as nearby area attractions such as the Nags Head Pier, the quaint town of Manteo, home of the first flight sight Jockey's Ridge, Tanger Outlet Mall shopping as well as great dining, shopping, and sight-seeing opportunities. The home has a great room/kitchen/dining area which is graciously sized, and well-equipped, for your family, friends and guests; three comfortable bedrooms are ready for your rest and recharge; and underneath locked storage for your personal items and beach toys. An outdoor shower and fish cleaning station are also located downstairs! Enjoy beautiful sunrise views of the ocean, the National Park preserve, and at-a-distance sound views. Great place for a second home or rental investment.

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 08/05/2015

Last Buyer's Agent

Dru Ferrence

Basnight Realty License #174208

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $895

Year Built

  • Built in 1983

Lot Details

  • 5,000 Sq Ft Lot
  • Level Lot

Parking

  • Paved Parking

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Saltbox Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 1,022 Sq Ft Home
  • Furnished
  • Skylights
  • Window Treatments

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Beach Access
  • Sun Deck
  • Storage Shed

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private Sewer

Listing and Financial Details

  • Tax Lot 8

Community Details

Overview

  • Cedar Homes Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$895

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Saltbox, Coastal
  • Directions: South on Old Oregon Inlet Road (from juncture with Virginia Dare Trail) go approx. 1.5 miles and turn right onto W. Inlet. North on Old Oregon Inlet Road (from juncture with NC 12) go approx. 3.2 miles and turn left onto W. Inlet.
  • Extras: Beach Access, Boardwalk to Beach, Outside Shower, Steam Room, Storage Shed, Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Cedar Homes Colony
  • Heated Sq Ft: 1022
  • Roads: Public
  • Sale/Rent: For Sale
  • Zoning: R
  • Deed Book Pg Number: 0511
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 1
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Skylight
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Park Serv/Preserve, Sound

Garage/Parking

  • Parking: Paved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 5000
  • Lot Description: Level
  • Lot Number: Lot 8
  • Deed Book: 1141

Rental Info

  • Est Annual Rental Income: 12725
  • Estimated Rental Performance: 0.0509
  • Flood Expenses: 222
  • Rental Co: Sun Realty
  • Rental Cottage Name: Gower
  • Rental Cottage Number: 533-B
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1983

Tax Info

  • Year: 2015
  • Taxes: 894.64

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
137
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

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 Type Sale Price Title Company
Deed $350,000 --
Deed $250,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $314,910 New Conventional
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

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89074

Outer Banks Association of REALTORS®

APN: 007119000