NOT LISTED FOR SALE

9504 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,153,000 - $1,295,585

5 Beds
5.5 Baths
3,021 Sq Ft
$398/Sq Ft Est. Value

Last Sold December 07, 2012

Last sale price $600,000 $199 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $6,596/month

132 Days on Market

Highlights

  • Ocean Front
  • Heated In Ground Pool
  • Furnished
  • Beach Access
  • Cathedral Ceiling
  • Screened Porch

About This Home

As of December 2012

This semi-oceanfront vacation rental property has many amenities that entice guests to return each year! These amenities include an elevator, private heated pool, hot tub, game area, wet bar, massive decks everywhere and a screen porch. Five master bedrooms provide space and privacy for all occupants. Plus, it is disability-friendly with a mid-level bedroom that features wide doorways and a bathroom with grab bars and a fold down shower seat . BUT, WAIT THERE's MORE....The homeowner has recently installed a salt system in place of the traditional chlorine for the pool.This is a device which manufactures lower levels of chlorine from plain salt, decreasing materials costs and also providing guests/renters with a more pleasant bathing experience (doesn't leave your skin and suit smelling of chlorine). Additionally, a pool heater has been installed which generates $200/week in additional income in shoulder season, which covers more than half of the pool maintenance costs. Come and enjoy the serenity of South Nags Head with a newly renourished beach just across the street and watch the deer and fox in the wildlife preserve out your back door!

Last Agent to Sell the Property

Hugh Willey

Sun Realty - KDH License #238260 Listed on: 07/02/2012

Co-Listed By

Robin Lilley

Default, Office License #243280

Last Buyer's Agent

Rachel Sumrell

Default, Office License #245430

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,103

Year Built

  • Built in 2000

Lot Details

  • 0.39 Acre Lot
  • Ocean Front
  • Property fronts a private road
  • Level Lot

HOA Fees

  • $33 Monthly HOA Fees

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

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

Interior Spaces

  • 3,021 Sq Ft Home
  • Elevator
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Screened Porch

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

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

Outdoor Features

  • Beach Access
  • Sun Deck

Utilities

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

Listing and Financial Details

  • Tax Lot 20

Community Details

Overview

  • Association fees include common electric, common insurance, management, road maintenance, tennis courts
  • Hollywood Beach Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,103

Year Built

Built in 2000

Lot Details

0

HOA Fees

$33 per month

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: South on Old Oregon Inlet... MP 19.5
  • Extras: Beach Access, Ceiling Fan(s), Elevator, Hot Tub, Outside Shower, Screened Porch, Sun Deck
  • Flood Zone: AE
  • Headline: Elevator
  • Heated Sq Ft: 3021
  • Roads: Paved, Private
  • Sale/Rent: For Sale
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: Res
  • Deed Book Pg Number: 325
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 5
  • Floor Coverings: Carpet, Ceramic Tile
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Gas Connection, Gas Fireplace, Washer Connection
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Cement Fiber Board
  • Pool: Yes
  • Pool Type: Outdoor, In Ground, Fiberglass, Heated
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound, Salt Marsh

Garage/Parking

  • Garage: Carport

Utilities

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

Condo/Co-op/Association

  • HOA Fee Includes: Common Electric, Common Insurance, Management, Road Maintenance, Tennis Courts
  • Association Amenities: Outdoor-Comm. Pool, Outdoor-Comm. Tennis
  • Association Fee: Yes
  • Estimated Annual Fee: 400
  • Home Owner Dwelling Insurance: 5138

Lot Info

  • Estimated Lot Sq Ft: 17000
  • Lot Description: Adj to Park Serv./Preserv, Level
  • Lot Number: Lot 20
  • Deed Book: 1510

Rental Info

  • Est Annual Rental Income: 57475
  • Estimated Rental Performance: 0.0958
  • Flood Expenses: 428
  • Lease Terms: Weekly
  • Other Expenses: 324000
  • Poolspa Expense: 2300
  • Rental Co: Stan White Realty & Const
  • Rental Cottage Name: Outrigger
  • Rental Cottage Number: SN508
  • Rental Phone Number: 441-1515
  • Rental Turnover Day: Sat
  • Annual Cable TV Expense: 1329
  • Annual Electric: 2728
  • Annual Telephone Expense: 387
  • Annual Water Expense: 224

Building Info

  • Year Built: 2000

Multi Family

  • No. of Units: 1

Tax Info

  • Year: 2011
  • Taxes: 3103

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2012
Closed on
Dec 7, 2012
Sold by
Marshall Susan J and Lerch Victor
Bought by
Zimmermann Curt and Zimmermann Terri
Seller's Agent
Hugh Willey
Sun Realty - KDH
Buyer's Agent
Rachel Sumrell
Default, Office
List Price
$629,900
Sold Price
$600,000
Premium/Discount to List
-$29,900
-4.75%
Current Estimated Value
$1,201,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,146
Avg. Annual Appreciation
5.66%
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
Zimmermann Curt $3,600,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2012 12/07/12 Sold $600,000 -4.7% $199 / Sq Ft
11/11/2012 11/11/12 Pending -- -- --
07/02/2012 07/02/12 For Sale $629,900 -- $209 / 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 $2,334 $686,400 $229,600 $456,800
2023 $2,334 $686,400 $229,600 $456,800
2022 $2,749 $686,400 $229,600 $456,800
2021 $2,749 $686,400 $229,600 $456,800
2020 $4,550 $686,400 $229,600 $456,800
2019 $2,731 $581,000 $211,800 $369,200
2018 $1,784 $581,000 $211,800 $369,200
2017 $2,731 $581,000 $211,800 $369,200
2016 $2,498 $581,000 $211,800 $369,200
2014 $2,437 $566,700 $211,800 $354,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 75434

Outer Banks Association of REALTORS®

APN: 007970020