NOT LISTED FOR SALE

9223 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,331,000 - $1,563,000

5 Beds
4 Baths
2,338 Sq Ft
$602/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $810,000 $346 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $8,292/month

263 Days on Market

Highlights

  • Beach Front
  • Outdoor Pool
  • Furnished
  • Ocean View
  • Cathedral Ceiling
  • Laundry Room

About This Home

As of October 2020

Your own oceanfront escape! Experience the Atlantic ocean from this perfectly named house "Making Memories" With views of the water from almost every room of this home. Five spacious bedrooms and four baths. Large open kitchen and living rooms allow you to entertain the entire Family. Large decks and private pool. Easy walk to the surf or just enjoy from the house. Located near Fish Heads and Outer Banks Pier. Large lot for future expansion or add cabana at the pool. Don't miss this oceanfront home. So if you ever wanted a beach house for a vacation home or investment, check out "making Memories"

Last Agent to Sell the Property

Michael Siers

Howard Hanna Outer Banks Realt License #269494 Listed on: 11/27/2019

Howard Hanna Outer Banks Realt

Co-Listed By

Stacy Siers

Howard Hanna Outer Banks Realt License #253800

Last Buyer's Agent

* **Not a Member

**Not a Member License #NA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,007

Year Built

  • Built in 1987

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 50 x 368
  • Beach Front
  • 50 Feet of Waterfront

Property Views

  • Ocean
  • Views of a Sound
  • Park or Greenbelt

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Lap Siding
  • Piling Construction

Interior Spaces

  • 2,338 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Carpet
  • Fire and Smoke Detector

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer Hookup

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • Outdoor Pool
  • Outdoor Shower

Outdoor Features

  • Exterior Lighting

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 5 / Blk:9

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,007

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Chalet, Reverse Floor Plan
  • Directions: South of Outer Banks Piers approximately 1/4 mile. Home is next drive past yellow house sign
  • Extras: Beach Access, Ceiling Fan(s), Outside Lighting, Outside Shower, Smoke Detector(s), Dry Entry, Inside Laundry Room
  • Flood Zone: VE
  • Headline: Large oceanfront
  • Heated Sq Ft: 2338
  • L V T Date: 11/27/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 02
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2020: 78731
  • Deed Book Pg Number: 0038
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C32879
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Floor Coverings: Carpet
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Cathedral Ceiling(s), Dryer Connection, Ensuite

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 50
  • View: Ocean, Park Serv/Preserve, Sound
  • Water Frontage: 50

Garage/Parking

  • Parking: Off Street, Under

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 15000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Size: 50 X 368
  • Lot Number: Lot 5
  • Estimated Lot Size: 0.34
  • Deed Book: 1870

Rental Info

  • Est Annual Rental Income: 89000
  • Estimated Rental Performance: 0.1099
  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Cottage Name: Making Memories
  • Rental Cottage Number: 5850
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1987

Tax Info

  • Year: 2017
  • Taxes: 5006.75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 27, 2019
Closed on
Oct 16, 2020
Sold by
Koppelman Christopher H and Koppelman Donna J
Bought by
Rasul Ijaz
Seller's Agent
Michael Siers
Howard Hanna Outer Banks Realt
Buyer's Agent
* **Not a Member
**Not a Member
List Price
$849,900
Sold Price
$810,000
Premium/Discount to List
-$39,900
-4.69%
Current Estimated Value
$1,407,150

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$597,150
Avg. Annual Appreciation
12.11%
Original Mortgage
$769,500
Outstanding Balance
$686,306
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$720,844

Purchase Details

Closed on
May 3, 2006
Sold by
Arena Francis A
Bought by
Koppelman Christopher H and Koppelman Donna J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,000
Interest Rate
6.12%
Mortgage Type
Assumption
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
Rasul Ijaz $810,000 None Available
Koppelman Christopher H $1,020,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasul Ijaz $769,500
Previous Owner Koppelman Christopher H $816,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $810,000 -4.7% $346 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
11/27/2019 11/27/19 For Sale $849,900 -- $364 / 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 $8,202 $887,900 $612,800 $275,100
2023 $3,600 $898,904 $612,800 $286,104
2022 $3,600 $898,904 $612,800 $286,104
2021 $3,605 $898,904 $612,800 $286,104
2020 $3,600 $898,904 $612,800 $286,104
2019 $2,993 $628,200 $454,800 $173,400
2018 $2,993 $628,200 $454,800 $173,400
2017 $2,993 $628,200 $454,800 $173,400
2016 $2,739 $628,200 $454,800 $173,400
2014 $2,739 $628,200 $454,800 $173,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 107473

Outer Banks Association of REALTORS®

APN: 007221000