NOT LISTED FOR SALE

9031 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,701,000 - $2,288,000

6 Beds
7 Baths
3,576 Sq Ft
$544/Sq Ft Est. Value

Last Sold March 21, 2018

Last sale price $1,019,000 $285 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $11,749/month

151 Days on Market

Highlights

  • Beach Front
  • In Ground Pool
  • Cathedral Ceiling
  • Ocean View
  • Second Refrigerator
  • Wood Flooring

About This Home

As of March 2018

WELL MAINTAINED RENTAL MACHINE! Enjoy both the Sea & the Sun all season long with Seasuns! Offering three luxurious levels of coastal living, this home is spacious and very comfortably furnished. The ground floor features a game room with pool and foosball tables, TV/VCR/DVD, stereo, plus a wet bar with refrigerator, microwave and a dishwasher. You just need to bring the fun! There are also 2 rooms each with twin beds and a Jack & Jill full bathroom on this level. Step out the back door to the covered patio with dual outside showers, a charcoal grill, and fenced in area surrounding the swimming pool. Lounge around, take a dip in the pool, or take the private boardwalk over the dune to the ocean. The mid-level offers 4 bedrooms; 2 master suites with king beds and full baths and 2 queens. Sit on the west covered deck sipping a cocktail and enjoying the sunset over the salt marsh, then head to the oceanfront covered deck and relax in the hot tub! The top level of this well maintained home features an open floor plan with tons of natural light, cathedral ceilings and wall-to-wall windows overlooking the Atlantic Ocean. It's truly stunning! Savor the spectacular sunrises and dolphins playing in the surf . . . all literally in your backyard! The well equipped kitchen offers bar seating and overlooks the dining and living areas . . . perfect for entertaining. The large dining room includes ample seating, multiple dining areas and chandelier lighting. Highlighting the top floor is the spacious living room with plenty of compfy seating, a large flat screen TV, a wet bar and access to the third level sundeck overlooking the ocean and beach. Also featured on this floor is a half bath, as well as a master suite with a queen bed, full bath and a sun deck. Seasuns is situated in South Nags Head, known for it's "Old Nags Head" feel and relaxing atmosphere. Far enough away from the hustle and bustle of the northern beaches, yet still minutes to great restaurants (Owen's, Sam & Omie's, Mulligans) and shopping (Tangier Outlet Mall, Outer Banks Mall) to name a few. Not in the mood to get in your car? Take a bike ride along the miles long multi-use path that runs the length of Old Oregon Inlet Road, or a quick beach walk north to Fish Heads Bar & Grill located oceanfront at the historic Outer Banks Fishing Pier. Location . . . increased rental income over past 3 years . . .gross rent multiplier of 10% . . . coupled with a well maintained vacation home make this a NO BRAINER!! Seasuns has it all.

Last Agent to Sell the Property

Bobby Harrell

Harrell & Associates License #77804 Listed on: 07/06/2017

Co-Listed By

Kimberly Milby

Coastal Cottages, LLC License #225870

Last Buyer's Agent

Mike Bishal

Great Escapes Vacations & Sales License #201359

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,675

Year Built

  • Built in 1999

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 50 x 650
  • Beach Front
  • 50 Feet of Waterfront
  • Fenced Yard

Parking

  • Paved Parking

Home Design

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

Interior Spaces

  • 3,576 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Sun Deck
  • Covered Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 1 / 13

Community Details

Overview

  • Hollywood Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,675

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: From S. Virginia Dare Trail take Old Oregon Inlet Road. Cottage is south of Fish Heads Bar & Grill.
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Outside Shower, Patio, Sun Deck, Whirlpool/Spa
  • Flood Zone: VE
  • Subdivision Name: Hollywood Beach Sec 3
  • Headline: TRUE 7.7% CAP RATE!
  • Heated Sq Ft: 3576
  • L V T Date: 07/07/2017
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: 3
  • Waterfront Location: Oceanfront
  • Zoning: R
  • Deed Book Pg Number: 0142
  • Office License Number: C10129
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 6
  • Floor Coverings: Carpet, Ceramic Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean, Salt Marsh
  • Water Frontage: 50

Garage/Parking

  • Parking: Paved

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Forced Air
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Lot Info

  • Estimated Lot Sq Ft: 13500
  • Lot Description: Beach Frontage, Easement(s), Water Frontage
  • Lot Faces: W
  • Lot Size: 50 X 650
  • Lot Number: Lot 1
  • Deed Book: 1942

Rental Info

  • Flood Expenses: 845
  • Lease Terms: Weekly
  • Other Expenses: 600
  • Other Expenses2: 6165
  • Poolspa Expense: 4600
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: Seasuns
  • Rental Cottage Number: 295
  • Rental Phone Number: 252-261-4444
  • Rental Turnover Day: Saturday
  • Total Expenses: 29170
  • Annual Cable TV Expense: 1000
  • Annual Electric: 3500
  • Annual Telephone Expense: 485
  • Annual Water Expense: 945
  • Rental Contact Email: dawn@joelambjr.com
  • Rental Contact Name: Dawn Landron
  • Rental Contact Phone: 252-261-4444

Building Info

  • Year Built: 1999

Tax Info

  • Year: 2016
  • Taxes: 6675.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2023
Sold by
Krawczyk Mark and Krawczyk Debra Kay
Bought by
Mark Krawczyk And Debra Kay Krawczyk Revocabl and Krawczyk
Total Days on Market
151
Current Estimated Value
$1,945,904

Purchase Details

Listed on
Jul 6, 2017
Closed on
Feb 26, 2018
Sold by
Sunnyside Management Inc
Bought by
Krawczyk Mary and Krawczyk Debra A
Seller's Agent
Bobby Harrell
Harrell & Associates
Buyer's Agent
Mike Bishal
Great Escapes Vacations & Sales
List Price
$1,125,000
Sold Price
$1,019,000
Premium/Discount to List
-$106,000
-9.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$662,350
Interest Rate
4.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Feb 15, 2012
Closed on
Mar 26, 2012
Sold by
Brasco Bay Corporation
Bought by
Sunnyside Management Inc
Seller's Agent
Marty Griffin
Coldwell Banker Seaside Realty KH
Buyer's Agent
Bobby Harrell
Harrell & Associates
List Price
$995,000
Sold Price
$920,000
Premium/Discount to List
-$75,000
-7.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.74%
Original Mortgage
$620,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage
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
Mark Krawczyk And Debra Kay Krawczyk Revocabl -- None Listed On Document
Krawczyk Mary $1,019,000 --
Sunnyside Management Inc $920,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krawczyk Mary $662,350
Previous Owner Sunnyside Management Inc $1,028,000
Previous Owner Sunnyside Management Inc $620,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2018 03/21/18 Sold $1,019,000 -9.4% $285 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
07/06/2017 07/06/17 For Sale $1,125,000 +22.3% $315 / Sq Ft
04/20/2012 04/20/12 Sold $920,000 -7.5% $263 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
02/15/2012 02/15/12 For Sale $995,000 -- $284 / 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 $9,910 $1,121,700 $603,300 $518,400
2023 $4,492 $1,121,700 $603,300 $518,400
2022 $4,492 $1,121,700 $603,300 $518,400
2021 $9,625 $1,142,436 $603,300 $539,136
2020 $4,575 $1,142,436 $603,300 $539,136
2019 $4,304 $893,700 $451,000 $442,700
2018 $4,304 $893,700 $451,000 $442,700
2017 $4,304 $893,700 $451,000 $442,700
2016 $3,938 $893,700 $451,000 $442,700
2014 $4,590 $894,300 $451,000 $443,300
Source: Public Records

Agents Affiliated with this Home

  • Bobby Harrell

    Seller's Agent in 2018

    Bobby Harrell

    Harrell & Associates

    (252) 423-0117

    84 Total Sales

    Bobby Harrell
    Section Image
  • Kimberly Milby

    Seller Co-Listing Agent in 2018

    Kimberly Milby

    Coastal Cottages, LLC

    (252) 480-6220

    Section Image
  • Mike Bishal

    Buyer's Agent in 2018

    Mike Bishal

    Great Escapes Vacations & Sales

    (252) 207-4554

    47 Total Sales

    Mike Bishal
    Section Image
  • Marty Griffin

    Seller's Agent in 2012

    Marty Griffin

    Coldwell Banker Seaside Realty KH

    (252) 207-6448

    82 Total Sales

    Marty Griffin
    Section Image
See All Agents

Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97027

Outer Banks Association of REALTORS®

APN: 007186000

North Carolina Dare County Nags Head 27959

9031 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 9031 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 06 July 2017 and is currently estimated at $1,945,904, approximately $544 per square foot. This property was built in 1999. 9031 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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