NOT LISTED FOR SALE

9527 S Old Oregon Inlet Rd Nags Head, NC 27959

Estimated Value: $1,667,000 - $2,246,000

7 Beds
6.5 Baths
3,456 Sq Ft
$555/Sq Ft Est. Value

Last Sold July 31, 2019

Last sale price $1,050,000 $304 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $10,990/month

59 Days on Market

Highlights

  • Beach Front
  • Heated In Ground Pool
  • Game Room
  • Ocean View
  • Furnished
  • Fenced Yard

About This Home

As of July 2019

$20,000+ Upgrades JUST COMPLETED! These owners have meticulously maintained their oceanfront rental home, and it shows! Protected by a very high dune line, this house is consistently rented throughout the season! 11% Gross Rental Income! Seven bedrooms, open living areas, game room, wet bar, private heated pool, hot tub...the list goes on and on! Just some of the upgrades completed in May 2019 include new exterior paint, sealed & waterproofed decks, new outdoor shower, new Anderson slider AND new storm doors replaced on the east and west sides! You will not find a better, more pristine home for the price! Make the most of your investment potential and buy NOW!

Last Agent to Sell the Property

Jack Cook

ROG OBX, Inc License #223869 Listed on: 05/06/2019

Last Buyer's Agent

Chelsea Jordan

Coldwell Banker Seaside Realty KH License #286496

Coldwell Banker Seaside Realty KH

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,485

Year Built

  • Built in 1996

Lot Details

  • Beach Front
  • Fenced Yard

Home Design

  • Asphalt Shingled Roof
  • Piling Construction

Interior Spaces

  • 3,456 Sq Ft Home
  • Wet Bar
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Game Room
  • Ocean Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Paved Parking
  • Off-Street Parking

Pool

  • Heated In Ground Pool
  • Outdoor Pool
  • Spa

Outdoor Features

  • Sun Deck
  • Covered Deck

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block # 3 / 2

Community Details

Overview

  • Hollywood Beach Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,485

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Extras: Beach Access, Boardwalk to Beach, Ceiling Fan(s), Covered Decks, Fenced Yard, Hot Tub, Sun Deck, Inside Laundry Room
  • Headline: 11+% GRI, $20,000+ Upgrades!
  • Heated Sq Ft: 3456
  • L V T Date: 05/06/2019
  • Roads: Paved, Public
  • Sale/Rent: For Sale
  • Section: 1
  • Waterfront Location: Oceanfront
  • Zoning: RES
  • Deed Book Pg Number: 0048
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C30605
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer
  • Bedrooms: 7
  • Foundation: Piling
  • Full Bathrooms: 6
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Dryer Connection, Washer Connection, Wet Bar
  • Optional Rooms: Game Room
  • Partial Bathrooms: 1

Exterior Features

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

Garage/Parking

  • Parking: Paved, Off Street

Utilities

  • Cooling: Central
  • Heating: Central

Lot Info

  • Lot Description: Beach Frontage, Water Frontage
  • Lot Number: Lot# 3
  • Deed Book: 1858

Rental Info

  • Est Annual Rental Income: 118978
  • Estimated Rental Performance: 0.1133
  • Lease Terms: Weekly
  • Rental Co: Shoreline OBX
  • Rental Cottage Name: Amazing Grace
  • Rental Cottage Number: SNH-9
  • Rental Turnover Day: Saturday

Building Info

  • Year Built: 1996

Tax Info

  • Year: 2018
  • Taxes: 6484.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2019
Closed on
Jul 30, 2019
Sold by
Griffin Real Estate Hldg
Bought by
Davis Matthew K and Davis Dana B
Seller's Agent
Jack Cook
ROG OBX, Inc
Buyer's Agent
Chelsea Jordan
Coldwell Banker Seaside Realty KH
List Price
$1,069,000
Sold Price
$1,050,000
Premium/Discount to List
-$19,000
-1.78%
Current Estimated Value
$1,918,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$868,516
Avg. Annual Appreciation
10.90%
Original Mortgage
$840,000
Outstanding Balance
$737,278
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$1,251,009

Purchase Details

Closed on
Sep 10, 2007
Sold by
Griffin William T and Griffin Linda C
Bought by
Griffin Real Estates Holdings Llc

Purchase Details

Closed on
Apr 2, 2007
Sold by
Cole Hal Edwin and Cole Patricia Ann
Bought by
Griffin William T and Griffin Linda C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$916,000
Interest Rate
6.15%
Mortgage Type
New Conventional
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
Davis Matthew K $1,050,000 --
Griffin Real Estates Holdings Llc -- None Available
Griffin William T $1,145,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davis Matthew K $840,000
Previous Owner Griffin William T $916,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2019 07/31/19 Sold $1,050,000 -1.8% $304 / Sq Ft
07/04/2019 07/04/19 Pending -- -- --
05/06/2019 05/06/19 For Sale $1,069,000 -- $309 / 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 $9,828 $1,066,000 $612,800 $453,200
2023 $4,342 $1,084,128 $612,800 $471,328
2022 $4,332 $1,081,632 $612,800 $468,832
2021 $4,332 $1,081,632 $612,800 $468,832
2020 $4,332 $1,081,632 $612,800 $468,832
2019 $4,005 $834,600 $484,900 $349,700
2018 $4,005 $834,600 $484,900 $349,700
2017 $4,005 $834,600 $484,900 $349,700
2016 $3,664 $834,600 $484,900 $349,700
2014 $4,270 $834,600 $484,900 $349,700
Source: Public Records

Agents Affiliated with this Home

  • Jack Cook

    Seller's Agent in 2019

    Jack Cook

    ROG OBX, Inc

    (252) 256-2557

    4 in this area

    34 Total Sales

    Jack Cook
    Section Image
  • Chelsea Jordan

    Buyer's Agent in 2019

    Chelsea Jordan

    Coldwell Banker Seaside Realty KH

    (252) 207-6659

    9 in this area

    57 Total Sales

    Chelsea Jordan
    Section Image
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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 105061

Outer Banks Association of REALTORS®

APN: 007255002

North Carolina Dare County Nags Head 27959

9527 S Old Oregon Inlet Rd, Nags Head, NC

This home is located at 9527 S Old Oregon Inlet Rd, Nags Head, NC 27959 since 06 May 2019 and is currently estimated at $1,918,516, approximately $555 per square foot. This property was built in 1996. 9527 S Old Oregon Inlet Rd is a home located in Dare County with nearby schools including Nags Head Elementary School, Manteo Middle School, and Manteo High School.

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