NOT LISTED FOR SALE

9203 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $2,291,000 - $3,413,000

0.38 Acre
$7,098,285 Price per Acre
16,509 Sq Ft Lot

Last Sold May 27, 2020

Last sale price $507,500

Est. 430% increase in value since last sale

Current estimated payment $15,586/month

327 Days on Market

About This Lot

As of May 2020

Lowest priced Oceanfront Lot in Nags Head!! Big WIDE Beach! Mile Post 18 3/4 on Old Oregon Inlet Road! 50 ft wide and deep depth! Use your imagination! So close to the Outer Banks Fishing Pier & Fish Heads Bar and Grill you can walk down the beach or the sidewalk. Live bands and good food steps from your door!! Build big or small. South Nags Head offers a slower pace and family oriented atmosphere. Nice tall vegetated dune along oceanfront and wide beach. Can you imagine Ocean & Sound views from a second floor deck. Breathe in the salt air, everyone needs a little salt therapy. Taxes are for combined lot 15 & 16. Lot 15 is for sale. Looks like there is possibly room for a pool as well. Excellent value for location and size! Come build your Outer Banks Dream Cottage!

Last Agent to Sell the Property

Toy Warden

RE/MAX Coastal Associates - Outer Banks License #170337 Listed on: 03/24/2019

RE/MAX Coastal Associates - Outer Banks

Last Buyer's Agent

Four Seasons Realty

Four Seasons Realty License #177785

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,681

Lot Details

  • Beach Front
  • 50 Feet of Waterfront

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Community Details

  • Hollywood Beach Subdivision

Listing and Financial Details

  • Tax Block 9

Property Details

Property Type

Land

Est. Annual Taxes

$7,681

Lot Details

0

Listing Details

  • Class: LOTS/LAND
  • Directions: Just past Outer Banks Fishing Pier on LEFT...
  • Flood Zone: VE
  • Headline: Best Oceanfront Lot Buy
  • L V T Date: 03/25/2019
  • Sale/Rent: For Sale
  • Section: 2
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Deed Book Pg Number: 0368
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26756
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Frontage: 50
  • View: Ocean, Park Serv./Preserve, Sound, Salt Marsh
  • Water Frontage: 50

Utilities

  • Electric: Available

Lot Info

  • Lot Description: Beach Frontage
  • Lot Faces: E
  • Lot Size: 50 X 630 MHW
  • Deed Book: 1857
  • Unit/Lot Number: Lot 15

Tax Info

  • Year: 2019
  • Taxes: 7681

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2019
Closed on
May 21, 2020
Sold by
Harvery Trivette Llc
Bought by
Mikita Ronald G and Mikita Sabrina K
Seller's Agent
Toy Warden
RE/MAX Coastal Associates - Outer Banks
Buyer's Agent
Four Seasons Realty
Four Seasons Realty
List Price
$589,000
Sold Price
$507,500
Premium/Discount to List
-$81,500
-13.84%
Current Estimated Value
$2,690,250

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,182,750
Avg. Annual Appreciation
36.76%
Original Mortgage
$380,625
Interest Rate
5.37%
Mortgage Type
New Conventional
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
Mikita Ronald G $507,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mikita Ronald G $380,625
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2020 05/27/20 Sold $507,500 -12.7% --
02/14/2020 02/14/20 Pending -- -- --
09/24/2019 09/24/19 Price Changed $581,500 -0.4% --
08/15/2019 08/15/19 Price Changed $584,000 -0.4% --
07/15/2019 07/15/19 Price Changed $586,500 -0.4% --
03/24/2019 03/24/19 For Sale $589,000 -- --
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 $15,861 $1,703,000 $598,500 $1,104,500
2023 $6,821 $1,703,000 $598,500 $1,104,500
2022 $4,763 $1,189,300 $598,500 $590,800
2021 $2,397 $598,500 $598,500 $0
2020 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 104382

Outer Banks Association of REALTORS®

APN: 007225001