NOT LISTED FOR SALE

8812 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,097,243 - $1,223,000

7 Beds
3.5 Baths
3,375 Sq Ft
$339/Sq Ft Est. Value

Last Sold November 24, 2020

Last sale price $615,000 $182 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $6,508/month

22 Days on Market

Highlights

  • Outdoor Pool
  • Loft
  • Tennis Courts
  • 0.46 Acre Lot
  • Furnished
  • Living Room

About This Home

As of November 2020

7 bedroom, 3.5 bath located within walking distance to the beach, Nags Head Fishing Pier and Fish Heads Bar & Grill! PRIVATE pool as well as an association pool and tennis court. Open floor plan and recreation room with pool table and wet bar! This house features a Hot tub, sitting area with flat screen, loft area with card table and MORE! Great rental income - desirable location in South Nags Head!

Last Agent to Sell the Property

Henry Griffin

Harrell & Associates License #154027 Listed on: 10/06/2020

Last Buyer's Agent

Henry Griffin

Harrell & Associates License #154027 Listed on: 10/06/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 1981

Lot Details

  • 0.46 Acre Lot
  • Property fronts a private road
  • Lot includes common area
  • Level Lot

HOA Fees

  • $42 Monthly HOA Fees

Home Design

  • Piling Construction

Interior Spaces

  • 3,375 Sq Ft Home
  • Furnished
  • Family Room
  • Living Room
  • Dining Room
  • Loft
  • Game Room

Bedrooms and Bathrooms

  • 7 Bedrooms

Pool

  • Outdoor Pool

Utilities

  • Central Air
  • Municipal Utilities District Water

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • Herb Council Association, Phone Number (919) 818-3851
  • South Crk Acres Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 1981

Lot Details

0

HOA Fees

$42 per month

Listing Details

  • Class: RESIDENTIAL
  • Flood Zone: AE
  • Subdivision Name: South Creek Acres - Sec 3
  • Headline: INVESTMENT OPPORTUNITY!
  • Heated Sq Ft: 3375
  • L V T Date: 10/07/2020
  • Roads: Private
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: 3 - lots from oceanfront (4th row)
  • Zoning: R
  • Advertised Income 2020: 61965
  • Deed Book Pg Number: 0396
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10129
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 7
  • Bedroom 1: Master Ste, On Level: 2
  • Bedroom 2: Queen, On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: Duo Bunk, On Level: 2
  • Bedroom 5: Bunk Set, On Level: 2
  • Bedroom 6: King, On Level: 1
  • Bedroom 7: King, On Level: 1
  • Kitchen: On Level: 2
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Dining Room: On Level: 2
  • Family Room: On Level: 3
  • Living Room: On Level: 2
  • Optional Rooms: Game Room, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Private Pool, Association Pool
  • Sun Deck Size: LARGE

Utilities

  • Cooling: Central
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 500
  • Hoa Contact: Herb Council
  • HOA Contact: 919-818-3851

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Adj. To Common Area, Level
  • Lot Number: Lot 6
  • Estimated Lot Size: 0.46
  • Deed Book: 1934

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: Full House
  • Rental Cottage Number: 401
  • Rental Phone Number: 252-261-4444
  • Rental Turnover Day: Sat

Building Info

  • Year Built: 1981

Tax Info

  • Year: 2020
  • Taxes: 2640.05

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Fairlie Keith J
Bought by
Keith Fairlie Declaration Of Trust and Fairlie
Current Estimated Value
$1,142,561

Purchase Details

Closed on
Apr 18, 2024
Sold by
8812 Llc
Bought by
Fairlie Keith J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$766,550
Interest Rate
6.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2021
Sold by
Drum Richard O and Drum Kristy T
Bought by
8812 Llc

Purchase Details

Listed on
Oct 6, 2020
Closed on
Nov 9, 2020
Sold by
8812 Nags Llc
Bought by
Drum Richard O and Drum Kristy T
Seller's Agent
Henry Griffin
Harrell & Associates
Buyer's Agent
Henry Griffin
Harrell & Associates
List Price
$649,500
Sold Price
$615,000
Premium/Discount to List
-$34,500
-5.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.20%
Original Mortgage
$492,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2013
Sold by
Overby Mark E and Overby Debra A
Bought by
8812 Nags Llc

Purchase Details

Listed on
Jun 27, 2012
Closed on
Sep 21, 2012
Sold by
Maranz Steven and Maranz Elina
Bought by
Overby Mark E and Overby Debra A
Seller's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$519,000
Sold Price
$418,000
Premium/Discount to List
-$101,000
-19.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.24%
Original Mortgage
$218,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2005
Sold by
Bentley James G and Bentley Elizabeth M
Bought by
Maranz Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,875
Interest Rate
5.5%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Keith Fairlie Declaration Of Trust -- None Listed On Document
Keith Fairlie Declaration Of Trust -- None Listed On Document
Fairlie Keith J $1,050,000 None Listed On Document
8812 Llc -- None Available
Drum Richard O $615,000 None Available
8812 Nags Llc -- None Available
Overby Mark E $418,000 None Available
Maranz Steven $694,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fairlie Keith J $766,550
Previous Owner Drum Richard O $492,000
Previous Owner Overby Mark E $218,000
Previous Owner Maranz Steven $520,875
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/24/2020 11/24/20 Sold $615,000 -5.3% $182 / Sq Ft
10/28/2020 10/28/20 Pending -- -- --
10/06/2020 10/06/20 For Sale $649,500 +55.4% $192 / Sq Ft
09/28/2012 09/28/12 Sold $418,000 -19.5% $124 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
06/27/2012 06/27/12 For Sale $519,000 -- $154 / 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 $4,893 $643,300 $246,100 $397,200
2023 $2,640 $659,188 $246,100 $413,088
2022 $2,640 $659,188 $246,100 $413,088
2021 $2,640 $659,188 $246,100 $413,088
2020 $2,640 $659,188 $246,100 $413,088
2019 $2,167 $450,000 $227,000 $223,000
2018 $2,167 $450,000 $227,000 $223,000
2017 $2,167 $450,000 $227,000 $223,000
2016 $1,983 $450,000 $227,000 $223,000
2014 $3,214 $450,000 $227,000 $223,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 111350

Outer Banks Association of REALTORS®

APN: 007970116