NOT LISTED FOR SALE

9131 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,072,000 - $1,431,000

3 Beds
2 Baths
1,400 Sq Ft
$890/Sq Ft Est. Value

Last Sold October 18, 2017

Last sale price $650,000 $464 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,385/month

210 Days on Market

Highlights

  • Beach Front
  • Coastal Architecture
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Ceiling Fan

About This Home

As of October 2017

Classic Nags Head Oceanfront sitting on a well nourished HUGE Oceanfront lot! This one seems to attract sand and as a result, it has great protection! Solid rental income for this size house suggest a strong repeat number of guests each year! Keep as is and enjoy the rents or perhaps expand it to accommodate even more occupancy or even more or remove to create a new 8 bedroom oceanfront with all the bells and whistles!! This lot is perhaps one of the best on the beach and that in itself creates the long term value! As the market continues to improve, don't miss this one for your long term investors!

Last Agent to Sell the Property

John Thompson

Windswept Properties, LLC License #187607 Listed on: 02/06/2017

Last Buyer's Agent

Matt Preston

Twiddy and Company - Corolla License #288364

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,453

Year Built

  • Built in 1984

Lot Details

  • Beach Front

Parking

  • Unpaved Parking

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,400 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

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

Community Details

  • Hollywood Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block #1 / 10

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,453

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Nags Head, Coastal
  • Directions: South on OOIR past pier. House on left
  • Extras: Beach Access, Ceiling Fan(s)
  • Flood Zone: VE
  • Headline: Classic Nags Head OF/Huge Lot!
  • Heated Sq Ft: 1400
  • L V T Date: 02/08/2017
  • Roads: Public
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Oceanfront
  • Zoning: Res
  • Deed Book Pg Number: 0144
  • Office License Number: C11923
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s)

Exterior Features

  • Construction: Frame
  • Exterior: Shakes
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Parking: Unpaved

Utilities

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

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Faces: E
  • Lot Number: Lot #1
  • Deed Book: 1858

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Stan White Realty & Const
  • Rental Cottage Name: Sun Spot
  • Rental Cottage Number: 724
  • Rental Phone Number: 252-441-1515
  • Rental Turnover Day: Sat
  • Yearly Expense Actual Estimate: Actual

Building Info

  • Year Built: 1984

Tax Info

  • Year: 2016
  • Taxes: 2453

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2017
Closed on
Oct 17, 2017
Sold by
Acquiror Inc
Bought by
Sackett Dean R and Sackett Marie Elise M
Seller's Agent
John Thompson
Windswept Properties, LLC
Buyer's Agent
Matt Preston
Twiddy and Company - Corolla
List Price
$799,000
Sold Price
$650,000
Premium/Discount to List
-$149,000
-18.65%
Current Estimated Value
$1,246,377

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,377
Avg. Annual Appreciation
8.61%
Original Mortgage
$520,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 18, 2009
Sold by
Fentriss Larry
Bought by
Acquiror Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 3, 2009
Sold by
Acquiror Inc
Bought by
Fentriss Larry
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Sackett Dean R $650,000 None Available
Acquiror Inc -- None Available
Fentriss Larry -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sackett Dean R $464,923
Closed Sackett Dean R $520,000
Previous Owner Acquiror Inc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2017 10/18/17 Sold $650,000 -4.4% $464 / Sq Ft
09/04/2017 09/04/17 Pending -- -- --
08/01/2017 08/01/17 Price Changed $680,000 -1.4% $486 / Sq Ft
05/25/2017 05/25/17 Price Changed $690,000 -10.3% $493 / Sq Ft
05/14/2017 05/14/17 Price Changed $769,000 -3.8% $549 / Sq Ft
02/06/2017 02/06/17 For Sale $799,000 -- $571 / 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 $7,283 $804,600 $593,800 $210,800
2023 $3,256 $813,032 $593,800 $219,232
2022 $3,256 $813,032 $593,800 $219,232
2021 $6,733 $800,552 $593,800 $206,752
2020 $6,472 $800,552 $593,800 $206,752
2019 $2,532 $534,400 $447,300 $87,100
2018 $2,681 $564,600 $447,300 $117,300
2017 $2,684 $564,600 $447,300 $117,300
2016 $2,453 $564,600 $447,300 $117,300
2014 $5,329 $564,600 $447,300 $117,300
Source: Public Records

Agents Affiliated with this Home

  • John Thompson

    Seller's Agent in 2017

    John Thompson

    Windswept Properties, LLC

    (252) 441-1201

    7 Total Sales

    John Thompson
    Section Image
  • Matt Preston

    Buyer's Agent in 2017

    Matt Preston

    Twiddy and Company - Corolla

    (252) 207-6143

    10 in this area

    162 Total Sales

    Matt Preston
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 95124

Outer Banks Association of REALTORS®

APN: 007226000

North Carolina Dare County Nags Head 27959

9131 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 9131 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 06 February 2017 and is currently estimated at $1,246,377, approximately $890 per square foot. This property was built in 1984. 9131 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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