$831,000
SOLD SEP 30, 2014

8721 S Old Oregon Inlet Rd Nags Head, NC 27959

8 Beds
5.5 Baths
3,897 Sq Ft
0.41 Acres

Recently Sold

$213 Per Sq Ft

8% Below List Price

323 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Hydromassage or Jetted Bathtub

About This Home

As of August 2021

Brand New Price ~ $899,900 for an 8 Bedroom Oceanfront with annual gross rental income history of $85-$91K! Don't miss a great opportunity! Extra wide beaches now in South Nags Head make for magnificent beach walks and fun filled days in the surf. This home offers almost 4000 square feet of living space, plus tons of deck space for outdoor entertaining. Formal tile entry with covered porch and built-in bench, lots of space for your guest to enjoy all the extra amenities: game room w/pool table, tv area & wet bar, Outdoor Pool & Hot Tub. Walk to the pier or take a short drive to Oregon Inlet, Pea Island Wildlife Refuge, Bodie Island Lighthouse, Outlet Mall, Restaurants, Manteo Art Galleries...lots to do very close by, but away from busy highway and commercial businesses. South Nags Head has a great following of repeat renters for all those reasons. Ask your agent for comprehensive list of Expenses located in Associated Documents.

Last Agent to Sell the Property

Ashley Massey

Landmark Sotheby's International Realty License #204018 Listed on: 09/12/2013

Landmark Sotheby's International Realty

Last Buyer's Agent

Jennifer Place

Howard Hanna Outer Banks Realt License #187855

Howard Hanna Outer Banks Realt

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,804

Year Built

  • Built in 1998

Lot Details

  • Beach Front
  • 51 Feet of Waterfront
  • Level Lot

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 3,897 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Game Room
  • Screened Porch
  • Utility Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Carport

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 8 / 1

Community Details

Overview

  • Hollywood Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,804

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: South on Old Oregon Inlet Rd. to MP18, north of OB Fishing Pier
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Hollywood Beach Sec 5 Amended
  • Headline: 2013 Gross Rental $90,620!
  • Heated Sq Ft: 3897
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0167
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate, Solid Surface
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ice Maker Connection, Ensuite, Pantry, Wet Bar
  • Game Room: 34 x 14, On Level: Ground
  • Optional Rooms: Foyer, Game Room, Utility Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Covered Deck Size: 30 x 10
  • Exterior: Shakes, Vinyl
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Fiberglass
  • Roof: Asphalt/Fiber Shingle
  • Screen Porch Size: 14 x 14
  • Sun Deck Size: 28 x 12
  • View: Ocean, Park Serv/Preserve, Sound, Salt Marsh
  • Water Frontage: 51

Garage/Parking

  • Garage: 1 Car, Carport
  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump, Zoned
  • Heating: Central, Heat Pump, Zoned
  • Oilgas Severed Pre Owner: No Representation
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 3318

Lot Info

  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot 8
  • Deed Book: 1633

Rental Info

  • Est Annual Rental Income: 90620
  • Estimated Rental Performance: 0.109
  • Flood Expenses: 462
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Name: Cape Carolina I
  • Rental Cottage Number: 535
  • Rental Phone Number: 441-7033
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 887
  • Annual Electric: 3226
  • Annual Telephone Expense: 886
  • Annual Water Expense: 878

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2012
  • Taxes: 6804

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 Realt
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%
Current Estimated Value
$2,042,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,537
Avg. Annual Appreciation
7.07%
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 Realt
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 Realt
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

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
Quit Claim Deed -- None Available
Warranty Deed $1,565,000 None Available
Deed $831,000 Attorney
Warranty Deed $1,402,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,095,500 New Conventional
Previous Owner $500,000 Unknown
Previous Owner $911,625 Adjustable Rate Mortgage/ARM
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

  • J

    Seller's Agent in 2021

    Jennifer Place

    Howard Hanna Outer Banks Realt

    Section Image
  • Sarah Spencer

    Buyer's Agent in 2021

    Sarah Spencer

    Keller Williams - Outer Banks

    (252) 202-3357

    20 in this area

    329 Total Sales

    Sarah Spencer
    Section Image
  • Becky Reed

    Buyer Co-Listing Agent in 2021

    Becky Reed

    Keller Williams - Outer Banks

    (828) 200-4291

    3 in this area

    61 Total Sales

    Becky Reed
    Section Image
  • Ashley Massey

    Seller's Agent in 2014

    Ashley Massey

    Landmark Sotheby's International Realty

    (252) 202-4874

    17 in this area

    56 Total Sales

    Ashley Massey
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 80548

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 and is currently priced at $831,000, approximately $213 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.

Outer Banks Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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