NOT LISTED FOR SALE

9021 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,649,000 - $2,187,000

8 Beds
8 Baths
3,750 Sq Ft
$491/Sq Ft Est. Value

Last Sold December 15, 2022

Last sale price $1,640,000 $437 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $11,205/month

33 Days on Market

Highlights

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

About This Home

As of December 2022

Ocean Aire II is definitely positioned to enjoy not only the air but the views! This oceanfront property boasts 8 bedrooms, 6 full baths and 2 half baths, private pool, hot tub and so much more! Travel south on Old Oregon Inlet Road just past one of the most fun spots on the Outer Banks...Fish Heads! Within walking distance of this property you'll always have food and entertainment and a fishing pier! The ground level of this home has 3 bedrooms -one of which has it's own bath - and a shared bath plus a half bath convenient to the outdoor pool. There's also a large game room with a great wet bar where you can access quick refreshments while you're enjoying a game of pool or running in from the pool for a cool pick me up. The central laundry is in this area as well as a closet for owner's personal items. On the mid-level, you'll find 4 bedrooms and 3 baths, one is shared and the other 2 are private. The hot tub is located outside on the northeast corner of the east facing deck. On the top floor you'll find a main bedroom and private bath, a half bath, great room with gas fireplace, dining area and kitchen with lots of windows to the east to see the sun rise or watch the waves. The top floor deck also gives you a view of the pool below and of the beautiful Atlantic Ocean. So if you're looking for place for your family and friends to make memories or you'd like to enjoy the rental income, you'll do well to consider this terrific property and location!

Last Agent to Sell the Property

Sarah Brown

Keller Williams - Outer Banks License #265135 Listed on: 09/28/2022

Keller Williams - Outer Banks

Co-Listed By

Betty Neal

Keller Williams - Outer Banks License #60983

Last Buyer's Agent

Trisha Midgett

Midgett Realty - Rodanthe License #162204

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,488

Year Built

  • Built in 2001

Lot Details

  • 0.39 Acre Lot
  • Beach Front
  • Property is zoned R2

Home Design

  • Contemporary Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Cement Board or Planked

Interior Spaces

  • 3,750 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Fiberglass Pool
  • Outdoor Pool

Utilities

  • Central Heating and Cooling System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Built by Matt Tappero
  • Hollywood Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block # 6 / 13

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,488

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary
  • Directions: East off S Old Oregon Inlet Road - south of E. Hunter Street, approximately MP 19.
  • Extras: Ceiling Fan(s), Common Laundry Area
  • Flood Zone: VE
  • Headline: Oceanfront Rental Opportunity!
  • Heated Sq Ft: 3750
  • L V T Date: 09/29/2022
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: R2
  • Advertised Income 2020: 119589
  • Advertised Income 2021: 138730
  • Advertised Income 2022: 135940
  • Deed Book Pg Number: 0528
  • 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, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate
  • Electronic Locks: Leased
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl Tile
  • Foundation: Short Pilings
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Ice Maker Connection
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Matt Tappero
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Fiberglass, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean

Utilities

  • Cooling: Central
  • Heating: Central
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 17000
  • Lot Description: Beach Frontage
  • Lot Faces: .3903 acres
  • Lot Number: Lot # 6
  • Estimated Lot Size: 0.39
  • Deed Book: 2454

Rental Info

  • Est Annual Rental Income: 196250
  • Estimated Rental Performance: 0.1197
  • Rental Co: Sun Realty
  • Rental Cottage Name: Ocean Aire II
  • Rental Cottage Number: #5687
  • Rental Phone Number: 252-441-7033
  • Rental Turnover Day: Sunday
  • Rental Contact Phone: 252-261-7911

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2022
  • Taxes: 9487.98

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Dec 8, 2022
Sold by
Phelps Randall W and Phelps Elizabeth A
Bought by
Dlwv Properties Llc
Seller's Agent
Sarah Brown
Keller Williams - Outer Banks
Buyer's Agent
Trisha Midgett
Midgett Realty - Rodanthe
List Price
$1,699,000
Sold Price
$1,640,000
Premium/Discount to List
-$59,000
-3.47%
Total Days on Market
33
Current Estimated Value
$1,842,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,680
Avg. Annual Appreciation
4.87%
Original Mortgage
$1,148,000
Outstanding Balance
$1,115,728
Interest Rate
6.33%
Estimated Equity
$726,952
Source: Public Records

Similar Home in Nags Head, NC

  • 9211 S Old Oregon Inlet Rd Unit Lot 11, Nags Head, NC 27959

    $1,999,995

    • 8 Beds
    • 7 Baths
    • 4,120 Sq Ft
    • 9211 S Old Oregon Inlet Rd
    • Unit Lot 11
    • Nags Head, NC

    Welcome to coastal perfection at 9211 S Old Oregon Inlet Rd in Nags Head, NC—a home where modern luxury meets the timeless charm of the Outer Banks. Ideally located on a deep oceanfront homesite just minutes from the renowned Oregon Inlet Fishing Center, premier fishing piers, picturesque Pea Island, and the iconic Bodie Island Lighthouse, this residence is perfectly positioned for an active,

    Matt Whelan Outer Banks Blue Realty Srvcs.

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Dlwv Properties Llc $9,840,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dlwv Properties Llc $1,148,000
Previous Owner Phelps Randall W $806,250
Previous Owner Phelps Elizabeth A $722,000
Previous Owner Phelps Randall W $809,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2022 12/15/22 Sold $1,640,000 -3.5% $437 / Sq Ft
10/31/2022 10/31/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $1,699,000 -- $453 / 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 $10,327 $1,100,900 $603,300 $497,600
2023 $9,946 $1,077,644 $603,300 $474,344
2022 $4,316 $1,077,644 $603,300 $474,344
2021 $4,316 $1,077,644 $603,300 $474,344
2020 $4,316 $1,077,644 $603,300 $474,344
2019 $4,441 $921,400 $451,000 $470,400
2018 $4,441 $921,400 $451,000 $470,400
2017 $4,441 $921,400 $451,000 $470,400
2016 $4,063 $921,400 $451,000 $470,400
2014 $4,063 $921,400 $451,000 $470,400
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 120455

Outer Banks Association of REALTORS®

APN: 007189000