NOT LISTED FOR SALE

8701 S Old Oregon Inlet Rd Unit A Nags Head, NC 27959

Estimated Value: $782,627 - $1,085,000

4 Beds
3 Baths
2,450 Sq Ft
$373/Sq Ft Est. Value

Last Sold April 20, 2018

Last sale price $465,000 $190 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,611/month

181 Days on Market

Highlights

  • Community Beach Access
  • Spa
  • Wet Bar
  • Ocean Front
  • Furnished
  • Covered Deck

About This Home

As of April 2018

The right opportunity to own an Ocean Front View at a Semi-Oceanfront price! Great location in Beautiful South Nags Head, where the beaches are wide and not crowded! This has always been a proven rental producer.*****DID $53,815.00 in 2016*******2017 ****44,088.00 no winter rental

Last Agent to Sell the Property

Bobby Williams

Joe Lamb, Realty License #154104 Listed on: 09/25/2017

Last Buyer's Agent

Hugh Willey

Sun Realty - KDH License #238260

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,257

Year Built

  • Built in 1985

Lot Details

  • 2,450 Sq Ft Lot
  • Ocean Front
  • Property fronts a private road
  • Landscaped

HOA Fees

  • $550 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 2,450 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Laminate Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Spa
  • Outdoor Shower
  • Fiberglass Pool

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

Community Details

Overview

  • Association fees include building maintenance, grounds maintenance
  • Signature Touch Association, Phone Number (252) 441-8857
  • Eighteen South Subdivision

Recreation

  • Community Boardwalk
  • Community Beach Access
  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,257

Year Built

Built in 1985

Lot Details

0

HOA Fees

$550 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: South Nags Head 18 Mile Post. 8701 South Old Oregon Inlet Rd. Turn left, unit is the first building on the left. UNIT A.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Headline: Deeded Ocean Access with VIEWS
  • Heated Sq Ft: 2450
  • L V T Date: 09/28/2017
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: res
  • Deed Book Pg Number: 0278
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10668
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Walk in Closet, Washer Connection, Wet Bar

Exterior Features

  • Construction: Frame
  • Covered Deck Size: yes
  • Exterior: Shakes
  • Pool: Yes
  • Pool: Association
  • Pool Type: Fiberglass, Association Pool
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: yes
  • View: Ocean

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Building Maintenance, Grounds Maintenance
  • Association Amenities: Ocean Access, Outdoor-Comm. Pool, Board Walk
  • Association Fee: Yes
  • Estimated Annual Fee: 6600
  • Hoa Contact: Signature Touch
  • HOA Contact: 252 441 8857
  • Home Owner Dwelling Insurance: 2100

Lot Info

  • Estimated Lot Sq Ft: 2450
  • Lot Faces: east
  • Estimated Lot Size: 0.06
  • Deed Book: 0752

Rental Info

  • Rental Co: Joe Lamb Realty
  • Rental Cottage Number: 18S-A
  • Rental Phone Number: 252-261-4444
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1985

Tax Info

  • Year: 2017
  • Taxes: 2257.39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2017
Closed on
Apr 18, 2018
Sold by
Lampbell David P and Lampel Claudia J
Bought by
Eswards Jonathan S and Edwards Teresa L
Seller's Agent
Bobby Williams
Joe Lamb, Realty
Buyer's Agent
Hugh Willey
Sun Realty - KDH
List Price
$499,000
Sold Price
$465,000
Premium/Discount to List
-$34,000
-6.81%
Current Estimated Value
$914,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,157
Avg. Annual Appreciation
9.21%
Original Mortgage
$348,750
Outstanding Balance
$205,053
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$709,104
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Eswards Jonathan S $465,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Eswards Jonathan S $348,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2018 04/20/18 Sold $465,000 0.0% $190 / Sq Ft
03/25/2018 03/25/18 Pending -- -- --
03/19/2018 03/19/18 Off Market $465,000 -- --
03/15/2018 03/15/18 For Sale $499,000 +7.3% $204 / Sq Ft
01/13/2018 01/13/18 Off Market $465,000 -- --
09/25/2017 09/25/17 For Sale $499,000 -- $204 / 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
2025 $3,023 $886,600 $250,000 $636,600
2024 $2,521 $507,100 $170,000 $337,100
2023 $2,514 $520,584 $170,000 $350,584
2022 $2,085 $520,584 $170,000 $350,584
2021 $2,085 $520,584 $170,000 $350,584
2020 $2,085 $520,584 $170,000 $350,584
2019 $2,257 $467,900 $220,000 $247,900
2018 $2,263 $467,900 $220,000 $247,900
2017 $2,257 $467,900 $220,000 $247,900
2016 $2,065 $467,900 $220,000 $247,900
2014 $4,452 $467,900 $220,000 $247,900
Source: Public Records

Agents Affiliated with this Home

  • Bobby Williams

    Seller's Agent in 2018

    Bobby Williams

    Joe Lamb, Realty

    (252) 207-9075

    29 in this area

    61 Total Sales

    Bobby Williams
    Section Image
  • Hugh Willey

    Buyer's Agent in 2018

    Hugh Willey

    Sun Realty - KDH

    (252) 489-8491

    13 in this area

    66 Total Sales

    Hugh Willey
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97936

Outer Banks Association of REALTORS®

APN: 012431001

North Carolina Dare County Nags Head 27959

8701 S Old Oregon Inlet Rd Unit A, Nags Head, NC

Not Listed for Sale

Townhouses

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