NOT LISTED FOR SALE

9423 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $2,884,000 - $3,458,000

8 Beds
10 Baths
6,392 Sq Ft
$484/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $1,950,000 $305 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $17,194/month

59 Days on Market

Highlights

  • Beach Front
  • Home Theater
  • Second Refrigerator
  • Ocean View
  • Cabana
  • Traditional Architecture

About This Home

As of November 2020

This amazing oceanfront home has $236,398 in rental income booked for 2020! This is one of the nicest oceanfront homes I've had the privilege to view in over 20+ years. Allow me to share a few features of "Renaissance" that vacationers adore: this magnificent home is located on a 75' wide lot which allows a floor plan with a master suite on the top floor with ocean views, living area on all three levels of the home which can be accessed by a private elevator, an oceanfront breakfast nook, sound view dining, a conference/game room, a spacious ground floor recreation room, tiered theater seating and surround sound in the home theatre room, all master suites have custom designed bathrooms featuring granite, slate, natural stone and designer sinks, a private heated swimming pool, hot tub and a cabana with bathroom access. One of my favorite features of this dream home is the beautiful circular grand oak staircase. When you first enter the home don't be surprised if you have a "wow" moment when you see it.

Last Agent to Sell the Property

Vanessa Watson

Coastal Carolina Vacations License #217744 Listed on: 09/10/2020

Last Buyer's Agent

Linda Terry

Tranzon Key License #211005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,204

Year Built

  • Built in 2004

Lot Details

  • Beach Front
  • Landscaped

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Traditional Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 6,392 Sq Ft Home
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Entrance Foyer
  • Home Theater
  • Library
  • Game Room
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Built-In Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Second Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • En-Suite Primary Bedroom

Parking

  • Garage
  • Carport
  • Garage Door Opener
  • Off-Street Parking

Pool

  • Cabana
  • Heated In Ground Pool
  • Gunite Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Patio

Utilities

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

Community Details

  • Built by Renaissance Builders
  • Hollywood Beach Subdivision

Listing and Financial Details

  • Legal Lot and Block 5 & PT4 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,204

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Traditional
  • Directions: Located at approximately MP 19.5 on Old Oregon Inlet Road
  • Extras: Beach Access, Cabana, Ceiling Fan(s), Central Vacuum, Elevator, Garage Door Opener, Hot Tub, Landscaped, Patio, Sun Deck
  • Flood Zone: VE
  • Subdivision Name: Hollywood Beach SEC 1
  • Headline: 12% Est.Rental Performance
  • Heated Sq Ft: 6392
  • L V T Date: 09/10/2020
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Advertised Income 2020: 239896
  • Advertised Income 2021: 93887
  • Deed Book Pg Number: EO/248
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C26996
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Microwave, Refrigerator w/Ice Maker, Wall Oven, 2nd Dishwasher, 2nd Refrigerator, Stackable Washer/Dryer
  • Bedrooms: 8
  • Countertops: Granite
  • Electronic Locks: Leased
  • Floor Coverings: Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 8
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Gas Fireplace, Ensuite, Wet Bar, 1st Flr Ensuite
  • Optional Rooms: Breakfast Nook, Foyer, Game Room, Library/Study, Pantry, Home Theater
  • Partial Bathrooms: 2

Exterior Features

  • Homebuilder: Renaissance Builders
  • Construction: Frame
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Gunite, Heated, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • Street Frontage: 75
  • View: Ocean, Sound

Garage/Parking

  • Garage: 2 Car, Attached
  • Parking: Paved, Off Street

Utilities

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

Lot Info

  • Lot Description: Beach Frontage
  • Lot Faces: E
  • Lot Number: Lot 5 & PT4
  • Deed Book: WB 17

Rental Info

  • Est Annual Rental Income: 239896
  • Estimated Rental Performance: 0.123
  • Rental Co: Village Realty
  • Rental Cottage Name: Renaissance
  • Rental Cottage Number: SN15
  • Rental Phone Number: 252.480.2224
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Estimated
  • Rental Contact Email: laurap@vrobx.com
  • Rental Contact Name: Laura Payne
  • Rental Contact Phone: 252.480.2224

Building Info

  • Year Built: 2004

Tax Info

  • Year: 2020
  • Taxes: 15204

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Nov 27, 2020
Sold by
Clough William R
Bought by
Boyd Frederick K and Boyd Sherri L
Seller's Agent
Vanessa Watson
Coastal Carolina Vacations
Buyer's Agent
Linda Terry
Tranzon Key
List Price
$1,950,000
Sold Price
$1,950,000
Current Estimated Value
$3,093,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,143,280
Avg. Annual Appreciation
10.37%
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
Boyd Frederick K $1,950,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2020 11/30/20 Sold $1,950,000 0.0% $305 / Sq Ft
11/08/2020 11/08/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $1,950,000 -- $305 / 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 $9,530 $1,834,500 $684,000 $1,150,500
2023 $7,531 $1,880,520 $684,000 $1,196,520
2022 $7,531 $1,880,520 $684,000 $1,196,520
2021 $7,531 $1,880,520 $684,000 $1,196,520
2020 $15,204 $1,880,520 $684,000 $1,196,520
2019 $8,959 $1,840,500 $526,200 $1,314,300
2018 $9,187 $1,840,400 $526,200 $1,314,200
2017 $8,959 $1,840,400 $526,200 $1,314,200
2016 $8,196 $1,840,400 $526,200 $1,314,200
2014 $9,500 $1,838,800 $526,200 $1,312,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 110936

Outer Banks Association of REALTORS®

APN: 007267000