NOT LISTED FOR SALE

8923 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,690,000 - $2,130,000

7 Beds
5.5 Baths
3,984 Sq Ft
$485/Sq Ft Est. Value

Last Sold May 23, 2016

Last sale price $950,000 $238 Per Sq Ft

Est. 104% increase in value since last sale

Current estimated payment $11,083/month

40 Days on Market

Highlights

  • Beach Front
  • Cabana
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Furnished

About This Home

As of May 2016

Safe and Secure 7 Bedroom Oceanfront nestled safely behind a well established dune line for security and privacy! Turtle Roost is a home to appreciate as you go from bedroom to bedroom and see the well thought out decor in each room as well as the top floor gathering area! Huge dining area and extra large kitchen....all with incredible ocean views. The lower level game room is another well appointed area of the home which is adjacent to the in ground pool and hot tub area! Did I mention that the hot tub is tucked away in its own covered structure so don't worry about an errant storm or the lack of privacy! The owner has used the property on a regular basis so rental income could surely be increased through the existing property management company!

Last Agent to Sell the Property

John Thompson

Windswept Properties, LLC License #187607 Listed on: 03/08/2016

Last Buyer's Agent

Mary-Ruth Reiss

Coldwell Banker Seaside Realty - KDH License #77895

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,137

Year Built

  • Built in 2000

Lot Details

  • Beach Front

Parking

  • Paved Parking

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 3,984 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Gas Fireplace
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Cabana
  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Sun Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Tax Lot # 5

Community Details

Overview

  • Hollywood Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,137

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: South on OOIR just south of Nags Head Fishing Pier!
  • Extras: Beach Access, Boardwalk to Beach, Cabana, Hot Tub, Outside Lighting, Outside Shower, Sun Deck
  • Headline: Repriced 7 Bedroom OF!!
  • Heated Sq Ft: 3984
  • L V T Date: 03/09/2016
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0170
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 7
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot # 5
  • Deed Book: 1862

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Village Realty
  • Rental Cottage Name: Turtle Roost
  • Rental Cottage Number: SN21
  • Rental Phone Number: 480-2224
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2015
  • Taxes: 8137

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2016
Closed on
Apr 25, 2016
Sold by
Gsm Properties Llc
Bought by
Urban Christopher B and Urban Bobbi J
Seller's Agent
John Thompson
Windswept Properties, LLC
Buyer's Agent
Mary-Ruth Reiss
Coldwell Banker Seaside Realty - KDH
List Price
$929,000
Sold Price
$950,000
Premium/Discount to List
$21,000
2.26%
Total Days on Market
40
Current Estimated Value
$1,934,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$984,020
Avg. Annual Appreciation
8.19%
Original Mortgage
$76,000
Outstanding Balance
$61,016
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$1,873,004

Purchase Details

Closed on
Jun 27, 2008
Sold by
Mclaughlin Gregory Scott
Bought by
Gsm Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 23, 2008
Sold by
Turtle Roost Llc
Bought by
Mclaughlin Gregory Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$482,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2005
Sold by
Winsteand Vincent C and Winsteand Kathy A
Bought by
Turtle Roost Llc
Source: Public Records

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Range of Values:

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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
Urban Christopher B $950,000 None Available
Gsm Properties Llc -- None Available
Mclaughlin Gregory Scott $1,000,000 None Available
Turtle Roost Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Urban Christopher B $76,000
Previous Owner Gsm Properties Llc $765,000
Previous Owner Gsm Properties Llc $482,000
Previous Owner Mclaughlin Gregory Scott $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2016 05/23/16 Sold $950,000 +2.3% $238 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
03/08/2016 03/08/16 For Sale $929,000 -- $233 / 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 $9,823 $1,046,400 $612,800 $433,600
2023 $4,260 $1,063,744 $612,800 $450,944
2022 $4,260 $1,063,744 $612,800 $450,944
2021 $8,946 $1,063,744 $612,800 $450,944
2020 $4,260 $1,063,744 $612,800 $450,944
2019 $4,108 $854,500 $462,300 $392,200
2018 $4,118 $854,500 $462,300 $392,200
2017 $4,108 $854,500 $462,300 $392,200
2016 $3,759 $854,500 $462,300 $392,200
2014 $8,138 $854,500 $462,300 $392,200
Source: Public Records

Agents Affiliated with this Home

  • John Thompson

    Seller's Agent in 2016

    John Thompson

    Windswept Properties, LLC

    (252) 441-1201

    10 Total Sales

    John Thompson
    Section Image
  • Mary-Ruth Reiss

    Buyer's Agent in 2016

    Mary-Ruth Reiss

    Coldwell Banker Seaside Realty - KDH

    (252) 480-4400

    33 Total Sales

    Mary-Ruth Reiss
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 91481

Outer Banks Association of REALTORS®

APN: 007163000

North Carolina Dare County Nags Head 27959

8923 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 8923 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 08 March 2016 and is currently estimated at $1,934,020, approximately $485 per square foot. This property was built in 2000. 8923 S Old Oregon Inlet Rd is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

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