NOT LISTED FOR SALE

8931 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,274,000 - $1,526,000

5 Beds
4.5 Baths
2,285 Sq Ft
$592/Sq Ft Est. Value

Last Sold December 17, 2021

Last sale price $1,080,000 $473 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,588/month

71 Days on Market

Highlights

  • Beach Front
  • Tennis Courts
  • Cathedral Ceiling
  • Ocean View
  • Spa
  • Wood Flooring

About This Home

As of December 2021

Gorgeous ocean views from this 5BR, 4.5 BA house in South Nags Head, the quiet end of the beach. One Ensuite on top level, 2 more on mid-level. Dry entry on ground level. Foosball table on ground level with area for your beach toys and equipment. Newer improvements in the last 6 years or so include: refrigerator, granite counters in the kitchen, range/oven, microwave, tile baths, bamboo floors in living area. Roof about 5 years old. 2016 Hot tub, 2020 Top Deck and Rail, Solar lighthouse light. 2021 both outside HVAC units, new light and fan in beach side BR, new light in foosball room, new outdoor charcoal grill. New L shaped Living room couch. Sellers took several weeks this year. See rental printout in Associated Docs. Located within walking distance of the pier and Fish Heads Restaurant. Only 17 minutes to Oregon Inlet. Beautiful lot running from Old Oregon Inlet Rd to the beach. Getting to the beach made easy with direct access by means of a wooden walkway from the deck of the house to the beach. Taxes include both Dare and Town of Nags Head. Nags Head taxes include beach nourishment assessment.

Last Agent to Sell the Property

Mercedes Tabano

Keller Williams - Outer Banks License #69137 Listed on: 07/28/2021

Keller Williams - Outer Banks

Last Buyer's Agent

Jane Plante

Coldwell Banker Seaside Realty - KDH License #286312

Coldwell Banker Seaside Realty - KDH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,528

Year Built

  • Built in 1995

Lot Details

  • Beach Front
  • 50 Feet of Waterfront

Home Design

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

Interior Spaces

  • 2,285 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Dining Room
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Outdoor Features

  • Spa
  • Sun Deck
  • Tennis Courts
  • Covered Deck
  • Exterior Lighting

Utilities

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

Listing and Financial Details

  • Legal Lot and Block #1 / 14

Community Details

Overview

  • Hollywood Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,528

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: South Nags Head about .25 miles south of pier on east side of Oregon Inlet Rd
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Outdoor Tennis, Outside Lighting, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Headline: Sweet OF @ an affordable price
  • Heated Sq Ft: 2285
  • L V T Date: 07/28/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 4
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2021: 78455
  • Deed Book Pg Number: 607
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30917
  • 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
  • Bedrooms: 5
  • Bedroom 1: Private BA, On Level: 2
  • Bedroom 2: Private BA, On Level: 1
  • Bedroom 3: Private BA, On Level: 1
  • Bedroom 4: On Level: 1
  • Bedroom 5: On Level: 1
  • Kitchen: On Level: 2
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Ensuite
  • Dining Room: On Level: 2
  • Living Room: On Level: 2
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Covered Deck Size: yes
  • Exterior: Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • Sun Deck Size: Yes
  • View: Ocean
  • Water Frontage: 50

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

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 #1
  • Deed Book: 2151

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Stan White Realty & Const
  • Rental Cottage Name: Southport
  • Rental Cottage Number: SN230
  • Rental Phone Number: 252-441-1515
  • Rental Turnover Day: Saturday
  • Rental Contact Email: kristina@outerbanksrentals.com
  • Rental Contact Name: Kristina Cifers
  • Rental Contact Phone: 252-441-1515

Building Info

  • Year Built: 1995

Tax Info

  • Year: 2021
  • Taxes: 7528

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2021
Closed on
Dec 16, 2021
Sold by
Callis Michael G and Callis Laurel Jean
Bought by
Smith Phillip N and Smith Virginia A
Seller's Agent
Mercedes Tabano
Keller Williams - Outer Banks
Buyer's Agent
Jane Plante
Coldwell Banker Seaside Realty - KDH
List Price
$1,200,000
Sold Price
$1,080,000
Premium/Discount to List
-$120,000
-10%
Current Estimated Value
$1,352,340

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,340
Avg. Annual Appreciation
6.18%
Original Mortgage
$934,500
Outstanding Balance
$861,033
Interest Rate
3.09%
Mortgage Type
Commercial
Estimated Equity
$491,307
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 Buyer Sale Price Title Company
Smith Phillip N $1,080,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Phillip N $250,000
Open Smith Phillip N $934,500
Previous Owner Callis Michael Geoffery $385,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/17/2021 12/17/21 Sold $1,080,000 -10.0% $473 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $1,200,000 -- $525 / 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 $4,592 $886,600 $603,300 $283,300
2023 $4,573 $897,820 $603,300 $294,520
2022 $3,585 $895,020 $603,300 $291,720
2021 $3,585 $895,020 $603,300 $291,720
2020 $3,585 $895,020 $603,300 $291,720
2019 $3,280 $686,300 $454,800 $231,500
2018 $3,285 $686,300 $454,800 $231,500
2017 $3,280 $686,300 $454,800 $231,500
2016 $3,001 $686,300 $454,800 $231,500
2014 $6,504 $686,300 $454,800 $231,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 115421

Outer Banks Association of REALTORS®

APN: 007159001