NOT LISTED FOR SALE

9409 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,918,000 - $2,333,000

8 Beds
7 Baths
3,930 Sq Ft
$516/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $1,515,000 $385 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $11,896/month

54 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Contemporary Architecture
  • Beach Access
  • Second Refrigerator
  • Furnished

About This Home

As of October 2021

Ready to own a beach property with strong rental income? Well check out this oceanfront house with 8 bedrooms, 5 full baths, plus 2 half baths located in popular South Nags Head. This spacious house has ample room for friends and families to enjoy the pool, hot tub, game room, screen porch and ample decks to gaze out over the ocean. The dune deck is amazingly large overlooking the beach. The seller has made ongoing improvements to the property. In 2019 the hot tub was replaced along with new HVAC units. In 2020 a new roof, Smart TV's throughout the home, flooring on 2nd/3rd levels and pool heater replaced. New sliding glass door was installed in 2021. There's a lot to appreciate about this location with its' privacy and yet proximity to the Bodie Lighthouse, Oregon Inlet, restaurants and shopping. Enjoy watching the sunset over the Cape Hatteras National Seashore, or perhaps stroll or take a bike ride along the path that parallels the road. There's something for everyone on the Outer Banks. Come be a part of this community as a new beachfront property owner!

Last Agent to Sell the Property

Bobby Williams

Joe Lamb, Realty License #154104 Listed on: 05/27/2021

Co-Listed By

Shelley O'Grady

Joe Lamb, Realty License #290050

Last Buyer's Agent

Heather Sakers

Coldwell Banker Seaside Realty KH License #255119

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,426

Year Built

  • Built in 2000

Lot Details

  • Ocean Front
  • Level Lot

Home Design

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

Interior Spaces

  • 3,930 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Game Room
  • Screened Porch
  • Ocean Views
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 12 / 3

Community Details

Overview

  • Hollywood Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,426

Year Built

Built in 2000

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Contemporary, Reverse Floor Plan
  • Directions: MP 19.2
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Hot Tub, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck, Dry Entry, Inside Laundry Room
  • Flood Zone: AO, VE
  • Subdivision Name: Hollywood Beach Sec 1
  • Headline: Calling all Beach lovers!
  • Heated Sq Ft: 3930
  • L V T Date: 05/27/2021
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: res
  • Advertised Income 2020: 70189
  • Advertised Income 2021: 111887
  • Deed Book Pg Number: 0810
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C10668
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Machine, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Dishwasher, 2nd Refrigerator
  • Bedrooms: 8
  • Countertops: Laminate
  • Electronic Locks: Owned
  • Floor Coverings: Carpet, Ceramic Tile, Wood Laminate
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: 9' Ceilings, Gas Fireplace, Ensuite, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 2

Exterior Features

  • Construction: Frame
  • Exterior: Vinyl
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Off Street

Utilities

  • Cooling: Heat Pump, Zoned
  • Heating: Central, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 1027

Lot Info

  • Lot Description: Level, Water Frontage
  • Lot Number: Lot 12
  • Deed Book: 2047

Rental Info

  • Flood Expenses: 1000
  • Lease Terms: Weekly
  • Poolspa Expense: 3500
  • Rental Co: Joe Lamb Realty
  • Rental Cottage Name: Reel Life
  • Rental Cottage Number: 876
  • Rental Phone Number: 252 251-4444
  • Annual Cable TV Expense: 1254
  • Annual Electric: 2995
  • Annual Telephone Expense: 1201
  • Annual Water Expense: 1300
  • Rental Contact Email: dan@joelambjr.com
  • Rental Contact Name: Dan Hardy, President of Joe Lamb Jr & Associates
  • Rental Contact Phone: 252 261-4444

Building Info

  • Year Built: 2000

Tax Info

  • Year: 2020
  • Taxes: 9426

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2021
Closed on
Oct 6, 2021
Sold by
Hhr Llc
Bought by
Voller Brenda M
Seller's Agent
Bobby Williams
Joe Lamb, Realty
Buyer's Agent
Heather Sakers
Coldwell Banker Seaside Realty KH
List Price
$1,749,000
Sold Price
$1,515,000
Premium/Discount to List
-$234,000
-13.38%
Current Estimated Value
$1,992,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$477,147
Avg. Annual Appreciation
7.95%
Original Mortgage
$1,086,000
Outstanding Balance
$998,887
Interest Rate
2.8%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$1,030,652

Purchase Details

Closed on
Jul 17, 2015
Sold by
Harkrader Paul D and Harkrader Margo
Bought by
Hhr Llc

Purchase Details

Closed on
May 28, 2015
Sold by
Hhr Llc
Bought by
Harkrader Paul D and Harkrader Margo

Purchase Details

Closed on
Jun 27, 2014
Sold by
Harkrader Paul D and Harkrader Margo
Bought by
Hhr Llc

Purchase Details

Closed on
May 20, 2005
Sold by
Harper James G and Harper Kim M
Bought by
Harkrader Paul D and Harkrader Margo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,208,000
Interest Rate
5.29%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
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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
Voller Brenda M $1,515,000 None Available
Hhr Llc -- Attorney
Harkrader Paul D -- Attorney
Hhr Llc -- None Available
Harkrader Paul D $1,510,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Voller Brenda M $1,086,000
Previous Owner Harkrader Paul D $1,208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $1,515,000 -10.8% $385 / Sq Ft
07/20/2021 07/20/21 Pending -- -- --
06/29/2021 06/29/21 Price Changed $1,699,000 -2.9% $432 / Sq Ft
05/27/2021 05/27/21 For Sale $1,749,000 -- $445 / 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 $10,726 $1,143,400 $631,800 $511,600
2023 $4,661 $1,163,864 $631,800 $532,064
2022 $4,661 $1,163,864 $631,800 $532,064
2021 $4,669 $1,163,864 $631,800 $532,064
2020 $4,661 $1,163,864 $631,800 $532,064
2019 $4,601 $954,800 $473,600 $481,200
2018 $4,612 $954,800 $473,600 $481,200
2017 $4,612 $954,800 $473,600 $481,200
2016 $4,209 $954,800 $473,600 $481,200
2014 $9,131 $954,800 $473,600 $481,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 114571

Outer Banks Association of REALTORS®

APN: 007275000