NOT LISTED FOR SALE

8823 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,034,000 - $1,392,000

3 Beds
2 Baths
1,292 Sq Ft
$896/Sq Ft Est. Value

Last Sold May 15, 2020

Last sale price $675,000 $522 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $6,734/month

29 Days on Market

Highlights

  • Beach Front
  • 0.61 Acre Lot
  • Wood Flooring
  • Ocean View
  • Beach Box Architecture
  • Furnished

About This Home

As of May 2020

Are you looking for that perfect home? The one that lets the stress just roll off your back like a duck in water? Are you looking for the pristine sunrises and your own private porpoise shows? How about sunsets over the sound? Well I think I've found it for you... but you need to GET HERE QUICK!! This one will not last long! You must see this amazing oceanfront home in South Nags Head just north of The Outer Banks Fishing Pier. Built high on the dune, this home has so much potential! Well maintained and extremely loved and cared for, this home just needs a new owner to put their own heart into it and make it even more awesome than it already is! Recent updates include: Newer decks, fresh exterior paint on hardiplank siding, new Anderson French wood Slider, new beds, and an updated kitchen. This is a one level home that feels super spacious. Walk in the front door into the wide hallway... the master bedroom is directly to your right. Past that the laundry closet that has ample space for cleaning supplies, etc. Two additional bedrooms share the larger hall bath with plenty of room to share. The kitchen, dining room and great room are all open to each other creating a supremely large and comfortable area to rest and relax, cook and eat, or hang out and watch the sunrises and oceans waves. Huge stable dune on the oceanside of the home, with a large drop down sun porch that connects to the almost entire wrap around deck and the ocean walkway. Sweet outdoor shower is on the deck for added privacy. Priced to sell, this home has it all and more! A must see to believe... One of a kind.... Call your buyers NOW kinda home!!!

Last Agent to Sell the Property

Kim Endre

Twiddy and Co. - Duck License #220350 Listed on: 01/25/2020

Last Buyer's Agent

Bobby Williams

Joe Lamb, Realty License #154104

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,422

Year Built

  • Built in 1971

Lot Details

  • 0.61 Acre Lot
  • Lot Dimensions are 50 x 532
  • Beach Front
  • 50 Feet of Waterfront
  • Landscaped

Home Design

  • Beach Box Architecture
  • Slab Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 1,292 Sq Ft Home
  • Furnished
  • Wood Burning Fireplace
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Parking

  • Tuck Under Parking
  • Paved Parking

Outdoor Features

  • Sun Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Private Water Source
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block #12 / 2

Community Details

Overview

  • Hollywood Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,422

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Home is three lots NORTH of the Outer Banks Fishing Pier.
  • Extras: Beach Access, Boardwalk to Beach, Landscaped, Smoke Detector(s), Sun Deck, Inside Laundry Room
  • Flood Zone: VE
  • Subdivision Name: Hollywood Beach Sec 5 Amended
  • Headline: Oceanfront Gem!
  • Heated Sq Ft: 1292
  • L V T Date: 01/25/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 5
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Advertised Income 2020: 23295
  • Deed Book Pg Number: 0808
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C4556
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Vinyl, Wood
  • Foundation: Piling, Slab
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Ensuite, Washer Connection, Wood Fireplace, 1st Flr Ensuite

Exterior Features

  • Construction: Frame
  • Exterior: Cement Fiber Board, Hurricane Shutters
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean
  • Water Frontage: 50

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 2660

Lot Info

  • Estimated Lot Sq Ft: 26600
  • Lot Description: Beach Frontage
  • Lot Size: 50 x 532
  • Lot Number: Lot #12
  • Estimated Lot Size: 0.61
  • Deed Book: 1981

Rental Info

  • Flood Expenses: 670
  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Cottage Name: Damfino
  • Rental Cottage Number: 5808
  • Rental Phone Number: 252.441.5000
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1349
  • Annual Electric: 912
  • Annual Telephone Expense: 367
  • Annual Water Expense: 282
  • Rental Contact Email: debbie.harrell@resortrealty.com
  • Rental Contact Name: Debbie Harrell
  • Rental Contact Phone: 252.441.5000

Building Info

  • Year Built: 1971

Tax Info

  • Year: 2020
  • Taxes: 5421.83

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2020
Closed on
May 12, 2020
Sold by
Seger Investments Llc
Bought by
Mercer Christopher Michael and Mercer Mary Alison
Seller's Agent
Kim Endre
Twiddy and Co. - Duck
Buyer's Agent
Bobby Williams
Joe Lamb, Realty
List Price
$685,000
Sold Price
$675,000
Premium/Discount to List
-$10,000
-1.46%
Current Estimated Value
$1,157,404

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$482,404
Avg. Annual Appreciation
10.98%
Original Mortgage
$607,500
Outstanding Balance
$540,680
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$641,731

Purchase Details

Closed on
Oct 7, 2014
Sold by
Seger Investment Limited Partnership Lll
Bought by
Seger Investment Llc
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 Buyer Sale Price Title Company
Mercer Christopher Michael $675,000 None Available
Seger Investment Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercer Christopher Michael $607,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $675,000 -1.5% $522 / Sq Ft
02/23/2020 02/23/20 Pending -- -- --
01/25/2020 01/25/20 For Sale $685,000 -- $530 / 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 $7,175 $793,400 $608,000 $185,400
2023 $3,207 $800,816 $608,000 $192,816
2022 $3,207 $800,816 $608,000 $192,816
2021 $3,207 $800,816 $608,000 $192,816
2020 $3,207 $800,816 $608,000 $192,816
2019 $2,649 $558,600 $458,600 $100,000
2018 $0 $558,600 $458,600 $100,000
2017 $2,649 $558,600 $458,600 $100,000
2016 $2,423 $558,600 $458,600 $100,000
2014 $2,407 $555,000 $458,600 $96,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108027

Outer Banks Association of REALTORS®

APN: 008032000