NOT LISTED FOR SALE

8905 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,909,000 - $2,221,000

8 Beds
5.5 Baths
3,865 Sq Ft
$526/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $1,299,000 $336 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $11,965/month

7 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Contemporary Architecture
  • Ocean View
  • Second Refrigerator
  • Cathedral Ceiling

About This Home

As of June 2021

It's beach time in South Nags Head! Come enjoy some R&R with your friends and family in this 8 bedroom. 5.5 bath oceanfront home. Plenty of room to spread out with the open floor living area that sports a brand new sectional sofa, game room, screened front porch and decks to watch the ocean and see if the fish are biting at the Outer Banks Fishing Pier. The rental income reflects how much vacationers like this spot. Come see for yourself! This property is just waiting for you to make it your own.

Last Agent to Sell the Property

Bobby Williams

Joe Lamb, Realty License #154104 Listed on: 04/17/2021

Co-Listed By

Shelley O'Grady

Joe Lamb, Realty License #290050

Last Buyer's Agent

Joanne Kepler

Beach Realty & Construction- Corolla License #190335

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,489

Year Built

  • Built in 1998

Lot Details

  • 0.39 Acre Lot
  • Beach Front
  • Landscaped
  • Level Lot

Home Design

  • Contemporary Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Vinyl Construction Material

Interior Spaces

  • 3,865 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Second Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Listing and Financial Details

  • Legal Lot and Block 14 / 14

Community Details

Overview

  • Hollywood Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,489

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: House located next to Outer Banks Fishing Pier, MP 15
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Landscaped, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: AO, VE
  • Subdivision Name: Hollywood Beach Sec 4
  • Headline: Investment Home is Calling!
  • Heated Sq Ft: 3865
  • L V T Date: 04/17/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: A
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 130110
  • Advertised Income 2021: 135619
  • Deed Book Pg Number: 080
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10668
  • 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, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Ensuite, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

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

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1520

Lot Info

  • Estimated Lot Sq Ft: 17000
  • Lot Description: Beach Frontage, Level
  • Lot Number: Lot14
  • Estimated Lot Size: 0.39
  • Deed Book: 1581

Rental Info

  • Flood Expenses: 1010
  • Lease Terms: Weekly
  • Rental Co: Sun Realty
  • Rental Cottage Number: HOB-12
  • Rental Phone Number: 252 441-7033
  • Rental Turnover Day: Saturday
  • Annual Cable TV Expense: 3098
  • Annual Electric: 4888
  • Annual Water Expense: 1225
  • Rental Contact Email: jenniferbarnes@sunrealtync.com
  • Rental Contact Name: Jennifer Barnes
  • Rental Contact Phone: 252 441-7033

Building Info

  • Year Built: 1998

Tax Info

  • Year: 2020
  • Taxes: 9489

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jun 25, 2021
Sold by
Wells Jerry and Wells Gertrude C
Bought by
Friedman Mei
Seller's Agent
Bobby Williams
Joe Lamb, Realty
Buyer's Agent
Joanne Kepler
Beach Realty & Construction- Corolla
List Price
$1,299,000
Sold Price
$1,299,000
Current Estimated Value
$2,031,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$732,787
Avg. Annual Appreciation
11.30%
Original Mortgage
$909,300
Outstanding Balance
$826,835
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,204,952
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
Friedman Mei $1,299,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Friedman Mei $909,300
Previous Owner Wells Jerry $407,000
Previous Owner Wells Jerry $785,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $1,299,000 0.0% $336 / Sq Ft
05/04/2021 05/04/21 For Sale $1,299,000 0.0% $336 / Sq Ft
04/24/2021 04/24/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $1,299,000 -- $336 / 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 $10,989 $1,172,900 $603,300 $569,600
2023 $4,700 $1,173,636 $603,300 $570,336
2022 $5,595 $1,173,636 $603,300 $570,336
2021 $4,700 $1,173,636 $603,300 $570,336
2020 $4,700 $1,173,636 $603,300 $570,336
2019 $4,444 $922,100 $454,800 $467,300
2018 $4,444 $922,100 $454,800 $467,300
2017 $4,444 $922,100 $454,800 $467,300
2016 $4,066 $922,100 $454,800 $467,300
2014 $8,799 $922,100 $454,800 $467,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 113938

Outer Banks Association of REALTORS®

APN: 007178000