NOT LISTED FOR SALE

8708 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $857,000 - $924,000

4 Beds
3.5 Baths
1,927 Sq Ft
$466/Sq Ft Est. Value

Last Sold October 16, 2020

Last sale price $531,950 $276 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $5,056/month

20 Days on Market

Highlights

  • Ocean Front
  • Rooftop Deck
  • Furnished
  • Beach Access
  • Contemporary Architecture
  • Screened Porch

About This Home

As of October 2020

Great rental history with just under $40,000 gross rental for 2020 outside of the owner's 5 weeks. Dual living areas, 360-degree panoramic views from crow's nest. Master bedroom on 3rd level with ocean views, living area on 2nd level with kitchen, family room, dining, sun room. Vaulted ceiling offers an open feel with beautiful, semi-custom Nags Head-style charming wood wall finishes. 1st floor boasts 3 bedrooms, including 2nd master with full bath, 2nd living/family room and hall laundry. Owner storage on ground level off of garage, 1st level off of decks, 2nd level floor-to-ceiling cabinets and kitchen cabinets offer plenty of room to keep your personal items. Home is on the vacation rental program in the hi season and long term for the balance of the year. Brand new TRANE 16-SEER HVAC with 10-year warranty installed 5/2020. Recent new decks, siding/exterior paint, bathroom cabinets and fixtures. SHOWINGS: Home is fully rented with Sat. turnover day appointments only.

Last Agent to Sell the Property

Susan Ayers

Home Zu License #216309 Listed on: 07/28/2020

Last Buyer's Agent

Terry Cremia

Shore Realty License #204156

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,024

Year Built

  • Built in 1984

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Level Lot

HOA Fees

  • $2 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Piling Construction

Interior Spaces

  • 1,927 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Screened Porch
  • Ocean Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Outdoor Features

  • Beach Access
  • Sun Deck
  • Rooftop Deck

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Private or Community Septic Tank

Community Details

  • Association fees include grounds maintenance
  • South Crk Acres Subdivision

Listing and Financial Details

  • Tax Lot 34

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,024

Year Built

Built in 1984

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: From S. Virginia Dare Trail, turn left onto S. Old Oregon Inlet Road. Travel 2 miles, the home will be on right near MP 18.
  • Extras: Beach Access, Ceiling Fan(s), Screened Porch, Sun Deck, Roof Top Deck, Inside Laundry Room
  • Heated Sq Ft: 1927
  • L V T Date: 07/28/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 13
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C23486
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Range/Oven, Refrigerator, Washer
  • Bedrooms: 4
  • Countertops: Laminate
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Dryer Connection, Ensuite, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Wood
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: 1 Car, Attached

Utilities

  • Cooling: Heat Pump, Wall Units
  • Heating: Heat Pump
  • Sewer/Septic System: Private Septic

Condo/Co-op/Association

  • HOA Fee Includes: Grounds Maintenance
  • Estimated Annual Fee: 25

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Level
  • Lot Number: Lot 34
  • Estimated Lot Size: 0.46
  • Deed Book: 1870

Building Info

  • Year Built: 1984

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2019
  • Taxes: 3023.65

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2020
Closed on
Oct 13, 2020
Sold by
Thomas Karen Marie and Thomas Randall W
Bought by
Collison Terry M and Collison Angela M
Seller's Agent
Susan Ayers
Home Zu
Buyer's Agent
Terry Cremia
Shore Realty
List Price
$529,900
Sold Price
$531,950
Premium/Discount to List
$2,050
0.39%
Total Days on Market
20
Current Estimated Value
$898,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,359
Avg. Annual Appreciation
12.01%
Original Mortgage
$425,560
Outstanding Balance
$382,765
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$515,544

Purchase Details

Closed on
Jun 27, 2011
Sold by
Dalton Carol J Koons and Koons Carol J
Bought by
Ashby Karen Marie
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
Collison Terry M $532,000 None Available
Ashby Karen Marie -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collison Terry M $425,560
Previous Owner Ashby Karen Marie $185,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2020 10/16/20 Sold $531,950 -3.3% $276 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
07/29/2020 07/29/20 Price Changed $549,900 +3.8% $285 / Sq Ft
07/28/2020 07/28/20 For Sale $529,900 -- $275 / 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 $3,449 $456,500 $246,100 $210,400
2023 $1,862 $464,916 $246,100 $218,816
2022 $1,862 $464,916 $246,100 $218,816
2021 $1,862 $464,916 $246,100 $218,816
2020 $1,862 $464,916 $246,100 $218,816
2019 $1,843 $384,200 $227,000 $157,200
2018 $1,536 $384,200 $227,000 $157,200
2017 $1,843 $384,200 $227,000 $157,200
2016 $1,686 $384,200 $227,000 $157,200
2014 $2,733 $384,200 $227,000 $157,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110297

Outer Banks Association of REALTORS®

APN: 007970832