NOT LISTED FOR SALE

8724 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,125,000 - $1,244,000

6 Beds
8 Baths
3,040 Sq Ft
$391/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $614,000 $202 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,011/month

106 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Game Room
  • Beach Access
  • Furnished
  • Tile Flooring

About This Home

As of August 2020

Insane ocean views with a short walk to the beach make this house a show stopper. Are you ready to own a beach house that pays for itself? This classic 6 bedroom 6.5 bathroom, 3040 square foot house is ready to go for this rental season. A huge fenced pool area is very conducive to the Outer Banks beach lifestyle. Lots of decks and extensive room to play on this nearly 20,000 square foot lot. This home has been very well maintained with new kitchen, bathroom flooring, Jacuzzi and a new roof in 2018. This roomy house featuring all master bedrooms is a consistent renter that has excellent sunset views of the marsh and morning sunrises of the ocean. Don't wait on this one, make your appointment today!

Last Agent to Sell the Property

Ken Baittinger

Landmark Sotheby's International Realty License #275379 Listed on: 03/02/2020

Landmark Sotheby's International Realty

Last Buyer's Agent

Mary Riddick

Keller Williams - Outer Banks License #282059

Keller Williams - Outer Banks

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,621

Year Built

  • Built in 2000

Lot Details

  • Ocean Front
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 3,040 Sq Ft Home
  • Furnished
  • Window Treatments
  • Game Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 28

Community Details

Overview

  • Herb Council Association
  • South Crk Acres Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,621

Year Built

Built in 2000

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Follow Old Oregon Inlet Rd south, House on Right
  • Extras: Beach Access, Hot Tub, Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Headline: Clean, mean, rental machine
  • Heated Sq Ft: 3040
  • L V T Date: 03/02/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Advertised Income 2020: 58354
  • Deed Book Pg Number: 0286
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C15771
  • Outer Banks Software: Yes
  • Short Term Rental Restrictions: No
  • 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: 6
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Ensuite
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

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

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Association Fee: Yes
  • Estimated Annual Fee: 500
  • Hoa Contact: Herb Council
  • HOA Contact: Herb@canstandobx.com

Lot Info

  • Lot Description: Level
  • Lot Number: Lot 28
  • Deed Book: 2036

Rental Info

  • Poolspa Expense: 3211
  • Rental Co: Outer Banks Blue
  • Annual Cable TV Expense: 1839
  • Annual Electric: 3666
  • Annual Telephone Expense: 763
  • Annual Water Expense: 1150
  • Rental Contact Email: tgore@outerbanksblue.com
  • Rental Contact Name: Terry Gore
  • Rental Contact Phone: (844) 557-3463

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2020
  • Taxes: 4621

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Aug 12, 2020
Sold by
Tranquility Base Properties Llc
Bought by
Hd Resorts Llc
Seller's Agent
Ken Baittinger
Landmark Sotheby's International Realty
Buyer's Agent
Mary Riddick
Keller Williams - Outer Banks
List Price
$649,000
Sold Price
$614,000
Premium/Discount to List
-$35,000
-5.39%
Total Days on Market
106
Current Estimated Value
$1,187,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,169
Avg. Annual Appreciation
14.76%

Purchase Details

Closed on
Jun 30, 2015
Sold by
Pillow Kent M and Pillow June D
Bought by
Tranquility Base Properties Llc

Purchase Details

Closed on
Oct 28, 2013
Sold by
Tranquility Base Properties Llc
Bought by
Pillow Kent M and Pillow June D
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
Hd Resorts Llc $614,000 None Available
Tranquility Base Properties Llc -- None Available
Pillow Kent M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pillow Kent M $238,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2020 08/14/20 Sold $614,000 -5.4% $202 / Sq Ft
06/16/2020 06/16/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $649,000 -- $213 / 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 $3,871 $650,700 $243,400 $407,300
2023 $2,671 $666,992 $243,400 $423,592
2022 $2,671 $666,992 $243,400 $423,592
2021 $2,671 $666,992 $243,400 $423,592
2020 $2,671 $666,992 $243,400 $423,592
2019 $2,760 $569,900 $224,400 $345,500
2018 $2,760 $569,900 $224,400 $345,500
2017 $2,760 $569,900 $224,400 $345,500
2016 $2,525 $569,900 $224,400 $345,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108567

Outer Banks Association of REALTORS®

APN: 007970228