NOT LISTED FOR SALE

8727 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,427,000 - $1,560,000

8 Beds
7.5 Baths
2,874 Sq Ft
$526/Sq Ft Est. Value

Last Sold September 08, 2016

Last sale price $777,000 $270 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $8,720/month

311 Days on Market

Highlights

  • Beach Front
  • Cathedral Ceiling
  • Loft
  • Ocean View
  • Wood Flooring
  • Furnished

About This Home

As of September 2016

**AFFORDABLE OCEANFRONT** This classic vacation home is situated in the desirable quiet area of south Nags Head! Featuring a reverse floor plan, you will enjoy the panoramic view of the Atlantic Ocean from the open living, dining and kitchen area. A chef's delight, the spacious kitchen is equipped with a separate prep sink, with custom wood cabinetry below and above for extra storage. The original wood floors throughout the common living, dining and kitchen provides for a timeless look. This 8br vacation home offers privacy galore with 7br having private full baths. In addition, enjoy reading or napping in the spacious loft with views of the sound. All 3 levels provide easy access to the recently nourished beach which includes a huge dune and private boardwalk. Outside, you'll find a fish cleaning area with sink and his/hers outdoor shower. There is no shortage of deck space with multi covered decks on both east/west sides. The attached garage has drywall and can be easily converted to a game room. For added convenience, the lower level features a wet bar/kitchenette which includes a full size refrigerator, microwave, coffee, and plenty of cabinets/storage. *New roof 2015* Built by the current owner, this home has been meticulously maintained and enjoyed by family. The affordable price offers a rare investment opportunity to own an oceanfront income producer or as a weekend getaway. The expansive lot size allows plenty of space to add a pool as well as an optional putting green and volleyball court to maximize the rental potential and own a rental income machine.

Last Agent to Sell the Property

Theresa Christian

Sun Realty - KDH License #281286 Listed on: 09/25/2015

Last Buyer's Agent

Greg Cremia

Shore Realty License #127284

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,662

Year Built

  • Built in 1994

Lot Details

  • 3,024 Sq Ft Lot
  • Beach Front
  • Fenced Yard

Home Design

  • Slab Foundation
  • Frame Construction
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 2,874 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Library
  • Loft
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Garage
  • Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Sun Deck
  • Covered Deck

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 11 / 1

Community Details

Overview

  • Hollywood Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,662

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Directions: S. VA Dare Trail, Turn Left onto Old Oregon Inlet Rd., 1.4mi house on left
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Fenced Yard, Garage Door Opener, Outside Shower, Sun Deck, Dry Entry
  • Headline: NAGS HEAD OCEANFRONT
  • Heated Sq Ft: 2874
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 5
  • Unit Level Number: 3
  • Waterfront Location: Oceanfront
  • Zoning: Residentia
  • Deed Book Pg Number: 462
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 8
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 7
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar
  • Family Room: Ocean View
  • Living Room: Ocean View
  • Optional Rooms: Library/Study, Loft, Pantry
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • View: Ocean

Garage/Parking

  • Garage: Attached
  • Garage Sq Ft: 220
  • Parking: Paved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 3024
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: W
  • Lot Size: 14000
  • Lot Number: Lot 11
  • Deed Book: 1575

Rental Info

  • Est Annual Rental Income: 53000
  • Estimated Rental Performance: 0.0682
  • Rental Co: Sun Realty
  • Rental Cottage Name: Sun Over Beach
  • Rental Cottage Number: 524
  • Rental Phone Number: 252-441-7033
  • Rental Turnover Day: Sunday

Building Info

  • Year Built: 1994

Tax Info

  • Year: 2015
  • Taxes: 6662

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2015
Closed on
Sep 7, 2016
Sold by
Jamaco Incorporated
Bought by
Bolette Randy A and Bolette Darlene A
Seller's Agent
Theresa Christian
Sun Realty - KDH
Buyer's Agent
Greg Cremia
Shore Realty
List Price
$799,000
Sold Price
$777,000
Premium/Discount to List
-$22,000
-2.75%
Total Days on Market
311
Current Estimated Value
$1,513,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,064
Avg. Annual Appreciation
7.93%
Original Mortgage
$621,600
Outstanding Balance
$503,499
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,008,705
Source: Public Records

Similar Home in Nags Head, NC

  • 8306 S Old Oregon Inlet Rd Unit Lot 130, Nags Head, NC 27959

    $1,250,000

    • 7 Beds
    • 7 Baths
    • 4,533 Sq Ft
    • 8306 S Old Oregon Inlet Rd
    • Unit Lot 130
    • Nags Head, NC

    Designed for comfort and versatility, this semi-oceanfront vacation home, located close to beach access, offers surprising rustic charm. With ocean views, over 4,500 square feet of living space, 7 bedrooms, 7 full bathrooms, two separate living areas with complete kitchens, a theater room, a private saltwater pool, and an exterior elevator servicing each level, this property is highly

    The Myatt Group Team Keller Williams - Outer Banks

    Section Image
See All Homes in Nags Head

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Bolette Randy A $777,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bolette Randy A $621,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2016 09/08/16 Sold $777,000 -2.8% $270 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
09/25/2015 09/25/15 For Sale $799,000 -- $278 / 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 $8,280 $878,100 $603,300 $274,800
2023 $3,561 $889,092 $603,300 $285,792
2022 $3,561 $889,092 $603,300 $285,792
2021 $3,559 $888,676 $603,300 $285,376
2020 $3,559 $888,676 $603,300 $285,376
2019 $3,578 $746,700 $454,800 $291,900
2018 $3,478 $726,500 $454,800 $271,700
2017 $3,478 $726,500 $454,800 $271,700
2016 $3,182 $726,500 $454,800 $271,700
2014 $6,896 $726,500 $454,800 $271,700
Source: Public Records

Agents Affiliated with this Home

  • Theresa Christian

    Seller's Agent in 2016

    Theresa Christian

    Sun Realty - KDH

    (252) 722-5085

    30 Total Sales

    Theresa Christian
    Section Image
  • Greg Cremia

    Buyer's Agent in 2016

    Greg Cremia

    Shore Realty

    (252) 202-7712

    50 Total Sales

    Greg Cremia
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 89680

Outer Banks Association of REALTORS®

APN: 008016000

North Carolina Dare County Nags Head 27959

8727 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 8727 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 25 September 2015 and is currently estimated at $1,513,064, approximately $526 per square foot. This property was built in 1994. 8727 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.

Nearby Homes