NOT LISTED FOR SALE

8904 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $933,000

0.46 Acre
$2,028,261 Price per Acre
20,038 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $420,000

Est. 122% increase in value since last sale

Current estimated payment $5,251/month

151 Days on Market

Highlights

  • Ocean Front
  • Community Pool
  • Level Lot
  • 0.46 Acre Lot
  • Tennis Courts

About This Lot

As of June 2022

Ready to build your dream beach house or future rental property? This one of a kind lot is nestled inside the Cape Hatteras National Preserve and is located at 18 Mile Post in South Nags Head. Roanoke Sound to the rear, and pristine beaches in the front. This lot is part of South Creek Acres, a vibrant beachfront community, that includes a community pool (wifi, bathrooms, showers), tennis courts, and a private beach access road (1.9 miles long making it perfect for walking, biking, roller blading, etc.). This lot is just steps away from the OBX Fishing Pier and FishHeads Bar and Grill. Endless opportunities await with this property!!

Last Agent to Sell the Property

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 10/25/2021

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204 Listed on: 10/25/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $986

Lot Details

  • 0.46 Acre Lot
  • Ocean Front
  • Level Lot
  • Property is zoned AE

HOA Fees

  • $25 Monthly HOA Fees

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Utilities

  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

Overview

  • Association fees include pool, tennis courts
  • Lois Chatham Association, Phone Number (252) 480-1240
  • South Crk Acres Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Property Type

Land

Est. Annual Taxes

$986

Lot Details

0

HOA Fees

$25 per month

Listing Details

  • Class: LOTS/LAND
  • Flood Zone: AE
  • Headline: SEMI-OCEANFRONT LOT
  • L V T Date: 10/25/2021
  • Roads: Public, Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: AE
  • Deed Book Pg Number: 0019
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Ocean, Park Serv./Preserve, Sound

Utilities

  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Association Amenities: Outdoor-Comm. Tennis, Outdoor-Comm. Pool
  • Association Fee: Yes
  • Estimated Annual Fee: 300
  • Hoa Contact: Lois Chatham
  • HOA Contact: 252-480-1240
  • Fee Includes: Pool, Tennis Courts

Lot Info

  • Estimated Lot Sq Ft: 20000
  • Lot Description: Adj to Park Serv./Preserv, Level
  • Lot Faces: E
  • Lot Size: 20000 sq ft
  • Estimated Lot Size: 0.46
  • Deed Book: 1853
  • Unit/Lot Number: Lot 22

Tax Info

  • Year: 2021
  • Taxes: 985.63

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jun 6, 2022
Sold by
Sundazed Lp
Bought by
Muller Joseph D and Muller Elizabeth
Seller's Agent
Trisha Midgett
Midgett Realty - Rodanthe
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$499,000
Sold Price
$420,000
Premium/Discount to List
-$79,000
-15.83%
Current Estimated Value
$933,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$513,000
Original Mortgage
$315,000
Interest Rate
5.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 7, 2004
Sold by
Katherman Kathy L
Bought by
Sundazed Lp
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Muller Joseph D $420,000 Evans & Meads Pllc
Sundazed Lp -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Muller Joseph David $800,000
Closed Muller Joseph David $800,000
Closed Muller Joseph D $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $420,000 -15.8% --
03/25/2022 03/25/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $499,000 -- --
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 $1,822 $246,100 $246,100 $0
2023 $986 $246,100 $246,100 $0
2022 $986 $246,100 $246,100 $0
2021 $1,718 $246,100 $246,100 $0
2020 $986 $246,100 $246,100 $0
2019 $1,067 $227,000 $227,000 $0
2018 $1,067 $227,000 $227,000 $0
2017 $1,067 $227,000 $227,000 $0
2016 $976 $227,000 $227,000 $0
2014 $606 $227,000 $227,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 116582

Outer Banks Association of REALTORS®

APN: 007970222