$418,000
SOLD SEP 28, 2012

8812 S Old Oregon Inlet Rd Nags Head, NC 27959

7 Beds
3.5 Baths
3,375 Sq Ft
0.46 Acres

Recently Sold

$124 Per Sq Ft

19% Below List Price

64 Days on Market

Highlights

  • Ocean Front
  • Second Refrigerator
  • Loft
  • In Ground Pool
  • Cathedral Ceiling
  • Furnished

About This Home

As of November 2020

SHORT SALE...BRING OFFERS NOW! Incredible deal on a 7 Bedroom SEMI OCEANFRONT! Just steps to the beach (300' away!), Private HUGE Concrete Pool, Hot Tub, Game Room with Wet Bar & Pool Table & Additional Loft! Rentals are impressive at almost $50K annually! BRAND NEW HVAC 2012! To the East are incredible Ocean Views & to the West is the Cape Hatteras National Seashore, a natural area protected from development, where you will see magnificent Sunsets. The Beach is a short walk away (Ida Street Beach Access is 300 feet), the Outer Banks Fishing Pier is within easy Walking Distance, & this home is part of South Creek Acres, which offers a Community Swimming Pool & Tennis Facilities.

Last Agent to Sell the Property

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119 Listed on: 06/27/2012

Coldwell Banker Seaside Realty KH

Co-Listed By

Charles Gill

Coldwell Banker Seaside Realty KH License #273660

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,096

Year Built

  • Built in 1981

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Lot includes common area
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • Off-Street Parking

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,375 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Loft
  • Game Room
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Tax Lot 6

Community Details

Overview

  • Ray Chatham Association, Phone Number (252) 480-1240
  • South Crk Acres Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,096

Year Built

Built in 1981

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Extras: Ceiling Fan(s), Hot Tub, Outside Lighting, Outside Shower, Patio, Smoke Detector(s), Sun Deck
  • Subdivision Name: South Creek Acres
  • Headline: SHORT SALE...BRING OFFER ASAP!
  • Heated Sq Ft: 3375
  • Potential Short Sale: Yes
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: RES
  • Deed Book Pg Number: 261
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, 2nd Refrigerator
  • Bedrooms: 7
  • Bedroom 1: MASTER STE, On Level: 2
  • Bedroom 2: QUEEN, On Level: 2
  • Bedroom 3: QUEEN, 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: OPEN, On Level: 2
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Ensuite, Washer Connection, Wet Bar
  • Dining Room: OPEN, On Level: 2
  • Family Room: LOFT, On Level: 3
  • Game Room: POOL TABLE, On Level: 1
  • Living Room: HUGE, On Level: 2
  • Optional Rooms: Game Room, Loft
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground
  • Roof: Asphalt/Fiber Shingle
  • Sun Deck Size: LARGE
  • View: Ocean, Park Serv/Preserve, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Off Street

Utilities

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

Condo/Co-op/Association

  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 400
  • Hoa Contact: Ray Chatham
  • HOA Contact: 252-480-1240

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Adj to Park Serv./Preserv, Adj. To Common Area, Level
  • Lot Number: Lot 6
  • Deed Book: 1623

Rental Info

  • Est Annual Rental Income: 48310
  • Estimated Rental Performance: 0.1156
  • 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

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 3096.3

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
Total Days on Market
64
Current Estimated Value
$1,089,815

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
13.49%
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
7.85%
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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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
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $1,050,000 None Listed On Document
Warranty Deed -- None Available
Warranty Deed $615,000 None Available
Warranty Deed -- None Available
Warranty Deed $418,000 None Available
Warranty Deed $694,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $766,550 New Conventional
Previous Owner $492,000 New Conventional
Previous Owner $218,000 Purchase Money Mortgage
Previous Owner $520,875 Assumption
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: 75373

Outer Banks Association of REALTORS®

APN: 007970116