NOT LISTED FOR SALE

8721 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,798,000 - $2,082,000

8 Beds
5.5 Baths
3,897 Sq Ft
$506/Sq Ft Est. Value

Last Sold August 27, 2021

Last sale price $1,565,000 $402 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,369/month

9 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Furnished

About This Home

As of August 2021

Great rental machine! Great opportunity for a established rental. Tons of deck space for entertaining. Heated pool! Game room with pool table, pool hot tub. Walk to the pier or take a short drive to Oregon Inlet, Pea Island Wildlife Preserve, Bodie Island lighthouse Can only be shown during Saturday turnover 10am to 3pm. Lockbox will be installed in carport area. Prequalification letter required with offer More rental income information to come.

Last Agent to Sell the Property

Jennifer Place

Howard Hanna Outer Banks Realty License #187855 Listed on: 06/17/2021

Howard Hanna Outer Banks Realty

Last Buyer's Agent

Sarah Spencer

Keller Williams - Outer Banks License #185795

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,370

Year Built

  • Built in 1998

Lot Details

  • Beach Front
  • Landscaped

Home Design

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

Interior Spaces

  • 3,897 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

  • Heated In Ground Pool
  • Fiberglass Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 8 / BLOCK#1

Community Details

Overview

  • Hollywood Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,370

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: SOUTH ON OLD OREGON INLET ROAD. HOUSE IS OCEANFRONT WITH RENTAL SIGN (DAWN'3S DREAM} MP18 NORTH OF OUTER BANKS FISHING PIER
  • Extras: Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Outside Shower, Smoke Detector(s), Inside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: HOLLY WOOD BEACH SEC 5 AMENDED
  • Headline: Ocean Front $195K rentals!
  • Heated Sq Ft: 3897
  • L V T Date: 06/17/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: Oceanfront
  • Zoning: RESIDENTIA
  • Deed Book Pg Number: 0293
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C28744
  • 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, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 8
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Fireplace, Ensuite, Washer Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 5425

Lot Info

  • Lot Description: Beach Frontage
  • Lot Number: Lot 8
  • Deed Book: 2281

Rental Info

  • Flood Expenses: 822
  • Lease Terms: Weekly
  • Poolspa Expense: 4828
  • Rental Co: VRBO
  • Rental Cottage Name: DAWN'S DREAM
  • Annual Cable TV Expense: 3403
  • Annual Electric: 6386
  • Annual Water Expense: 1616

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2020
  • Taxes: 9370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2021
Closed on
Sep 27, 2021
Sold by
Shah Prasit V and Shah Nemisha P
Bought by
Preeti Vacations Llc
Seller's Agent
Jennifer Place
Howard Hanna Outer Banks Realty
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$1,590,000
Sold Price
$1,565,000
Premium/Discount to List
-$25,000
-1.57%
Total Days on Market
9
Current Estimated Value
$1,972,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,810
Avg. Annual Appreciation
6.35%
Original Mortgage
$1,095,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2021
Closed on
Aug 3, 2021
Sold by
Hammer Obx Llc
Bought by
Shah Prasit V and Shah Nemisha P
Seller's Agent
Jennifer Place
Howard Hanna Outer Banks Realty
Buyer's Agent
Sarah Spencer
Keller Williams - Outer Banks
List Price
$1,590,000
Sold Price
$1,565,000
Premium/Discount to List
-$25,000
-1.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,095,500
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 12, 2013
Closed on
Sep 11, 2014
Sold by
Brewer Carig S and Brewer Anne
Bought by
Swackhammer Jeffrey A
Seller's Agent
Ashley Massey
Landmark Sotheby's International Realty
Buyer's Agent
Jennifer Place
Howard Hanna Outer Banks Realty
List Price
$899,900
Sold Price
$831,000
Premium/Discount to List
-$68,900
-7.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.59%

Purchase Details

Closed on
May 26, 2005
Sold by
Taylor Chrisline E
Bought by
Brewer Craig S and Brewer Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$911,625
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Preeti Vacations Llc -- None Available
Shah Prasit V $1,565,000 None Available
Swackhammer Jeffrey A $831,000 Attorney
Brewer Craig S $1,402,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Shah Prasit V $1,095,500
Previous Owner Brewer Craig S $500,000
Previous Owner Brewer Craig S $911,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $1,565,000 -1.6% $402 / Sq Ft
06/26/2021 06/26/21 Pending -- -- --
06/17/2021 06/17/21 For Sale $1,590,000 +91.3% $408 / Sq Ft
09/30/2014 09/30/14 Sold $831,000 -7.7% $213 / Sq Ft
08/01/2014 08/01/14 Pending -- -- --
09/12/2013 09/12/13 For Sale $899,900 -- $231 / 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 $10,798 $1,152,500 $612,800 $539,700
2023 $4,633 $1,156,824 $612,800 $544,024
2022 $4,633 $1,156,824 $612,800 $544,024
2021 $4,633 $1,156,824 $612,800 $544,024
2020 $4,633 $1,156,824 $612,800 $544,024
2019 $4,474 $928,700 $462,300 $466,400
2018 $4,485 $928,700 $462,300 $466,400
2017 $4,485 $928,700 $462,300 $466,400
2016 $4,094 $928,700 $462,300 $466,400
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Place

    Seller's Agent in 2021

    Jennifer Place

    Howard Hanna Outer Banks Realty

    (252) 202-4853

    Section Image
  • Sarah Spencer

    Buyer's Agent in 2021

    Sarah Spencer

    Keller Williams - Outer Banks

    (252) 202-3357

    346 Total Sales

    Sarah Spencer
    Section Image
  • Becky Reed

    Buyer Co-Listing Agent in 2021

    Becky Reed

    Keller Williams - Outer Banks

    (828) 200-4291

    62 Total Sales

    Becky Reed
    Section Image
  • Ashley Massey

    Seller's Agent in 2014

    Ashley Massey

    Landmark Sotheby's International Realty

    (252) 202-4874

    57 Total Sales

    Ashley Massey
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114858

Outer Banks Association of REALTORS®

APN: 008015000

North Carolina Dare County Nags Head 27959

8721 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 8721 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 17 June 2021 and is currently estimated at $1,972,810, approximately $506 per square foot. This property was built in 1998. 8721 S Old Oregon Inlet Rd is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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