NOT LISTED FOR SALE

9303 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,035,000 - $2,286,000

4 Beds
2 Baths
1,464 Sq Ft
$979/Sq Ft Est. Value

Last Sold October 13, 2023

Last sale price $1,075,000 $734 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $7,888/month

34 Days on Market

Highlights

  • Beach Front
  • Beach Box Architecture
  • Quartz Countertops
  • Ocean View
  • Furnished
  • Game Room

About This Home

As of October 2023

Great, ocean to road, South Nags Head property with beach box style home and a large dune. The property is ideally located at mile post 19 a little more than 1 mile south of the Outer Banks Pier which has one of the best oceanfront restaurant/bars. This 4-bedroom, 2-bath with bonus living/game room was beautifully remodeled in the last three years. Renovations include, but are not limited to, new cedar shake siding on the entirety of the exterior of the home, new showers, toilets sinks and vanities in both bathrooms, all new appliances in the kitchen with new quartz countertops, new mattresses and furniture in all bedrooms, new flooring throughout, completely new HVAC system and new paint throughout the interior. With a well-established income in both the offseason (through AirBnb) and in season (through Resort Realty) this home offers the perfect opportunity for a vacation home investment. Come and see it for yourself. Rental Income estimates vary from firm to firm and may include money that does not go to the owner, such as cleaning fees, administrative charges or services. Buyers are encouraged to investigate how rates, fees, commissions, regulations and policies apply to specific properties before expiration of the due diligence period. It is the buyer's responsibility to determine and execute a rental management contract that best suits their needs. VRBO, Air BnB and similar rent by owner websites are handled differently. Consult legal counsel regarding rental disbursement. Additionally, the Buyer is advised to check on any short-term rental restrictions.

Last Agent to Sell the Property

William Richardson

Harrell & Associates License #285814 Listed on: 07/14/2023

Last Buyer's Agent

Shane Collins

SERHANT North Carolina LLC License #271508

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,834

Year Built

  • Built in 1970

Lot Details

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

Parking

  • Paved Parking

Home Design

  • Beach Box Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 1,464 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Game Room
  • Luxury Vinyl Plank Tile Flooring
  • Ocean Views
  • Fire and Smoke Detector
  • Stacked Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Ice Maker
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Shower
  • Sun Deck

Utilities

  • Central Heating and Cooling System
  • 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 15 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,834

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Beach Box
  • Directions: Property is located about 7/10ths of a mile south of Outer Banks Pier. Two lots south of the June St public beach access.
  • Extras: Beach Access, Ceiling Fan(s), Outside Shower, Smoke Detector(s), Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Hollywood Beach Section 1
  • Headline: South Nags Head Oceanfront
  • Heated Sq Ft: 1464
  • L V T Date: 07/14/2023
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: R2
  • Deed Book Pg Number: 0655
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10129
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Range/Oven, Refrigerator w/Ice Maker, Stackable Washer/Dryer
  • Bedrooms: 4
  • Countertops: Quartz
  • Floor Coverings: Luxury Vinyl Plank
  • Foundation: Piling
  • Full Bathrooms: 2
  • Furnishings Available: Yes
  • Optional Rooms: Game Room

Exterior Features

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

Garage/Parking

  • Parking: Paved

Utilities

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

Lot Info

  • Estimated Lot Sq Ft: 18000
  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot 15
  • Estimated Lot Size: 0.41
  • Deed Book: 2514

Rental Info

  • Lease Terms: Weekly
  • Rental Co: Resort Realty
  • Rental Contact Name: Amy Larson 1 800-458-3830

Building Info

  • Year Built: 1970

Tax Info

  • Year: 2022
  • Taxes: 2833.71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2018
Closed on
Jun 18, 2019
Sold by
Pyne Rebecca D
Bought by
3 Bradley Farms Llc
Seller's Agent
Amina Sansotta
Howard Hanna Outer Banks Realt
Buyer's Agent
William Richardson
Harrell & Associates
List Price
$546,000
Sold Price
$546,000
Current Estimated Value
$1,432,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$886,561
Avg. Annual Appreciation
16.63%
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
3 Bradley Farms Llc $546,000 --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2023 10/13/23 Sold $1,075,000 -8.5% $734 / Sq Ft
08/17/2023 08/17/23 Pending -- -- --
07/14/2023 07/14/23 For Sale $1,175,000 +115.2% $803 / Sq Ft
06/24/2019 06/24/19 Sold $546,000 0.0% $373 / Sq Ft
05/14/2019 05/14/19 Pending -- -- --
04/30/2019 04/30/19 For Sale $546,000 0.0% $373 / Sq Ft
04/25/2019 04/25/19 Off Market $546,000 -- --
04/06/2019 04/06/19 Price Changed $546,000 -5.0% $373 / Sq Ft
11/19/2018 11/19/18 Price Changed $575,000 -4.0% $393 / Sq Ft
08/09/2018 08/09/18 Price Changed $599,000 -8.5% $409 / Sq Ft
07/23/2018 07/23/18 Price Changed $655,000 -3.0% $447 / Sq Ft
06/11/2018 06/11/18 For Sale $675,000 -- $461 / 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 $3,517 $703,900 $612,800 $91,100
2023 $2,834 $707,544 $612,800 $94,744
2022 $2,834 $707,544 $612,800 $94,744
2021 $2,834 $707,544 $612,800 $94,744
2020 $2,834 $707,544 $612,800 $94,744
2019 $2,586 $546,100 $462,300 $83,800
2018 $2,586 $546,100 $462,300 $83,800
2017 $2,586 $546,100 $462,300 $83,800
2016 $2,366 $546,100 $462,300 $83,800
2014 $2,770 $546,100 $462,300 $83,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 122798

Outer Banks Association of REALTORS®

APN: 027465000