Closing Price:
$1,075,000
9029 S Old Oregon Inlet Road, Nags Head, NC 27959
7 bd
5 ba
3576 sq ft
MLS #: 102697
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,035,000.00
Closing Date: 5/15/2019
Contract Date: 2/8/2019
Seller Concessions: Yes
Concession Comments: 2500 for repairs
Total Days on Market:
Cumulative Days on Market: 85

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 85
Cumulative Days On Market: 85
Listing Price: $1,075,000
Original Listing Price: $1,075,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 5/15/2019
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3576
Asking Price Per SqFt: $301.00
Heated Living Area Sq Ft: 3576
BedroomsTotal: 7
Bathrooms Full: 5
Bathrooms Partial: 2
Year Built: 1999
Garage: None
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Slab
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Heat Pump
Room Type: Game Room, Utility Room
Flooring: Tile, Vinyl Tile
Construction Materials: Frame

Legal Description

County: Dare
Subdivision: Hollywood Beach
Deed Book: 2005
Deed Book Page Number: 0558
County Pin Number: 071914237133
Price Change: 5/14/2019
Road Surface: Paved, Public

Lot Details

Lot Size Acres: 0.3
Lot Size Square Feet: 13000
Lot Features: Beach Frontage
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2018
Annual Property Taxes: $8,717.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 5/15/2019
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Boardwalk to Beach,Ceiling Fan(s),Hot Tub,Jet Tub,Outside Shower,Sun Deck
Primary Residence: No

Rental Income

Annual Rental Income: 145245
Rental Performance: 0.1403

Listing Agent Remarks

Serene oceanfront living with coastal charm in South Nags Head! Thoughtfully renovated with a fresh new look helped generate $138,698k in rental income in 2018. Sugar Magnolia is a stunning 7 bedroom 5.5 bath home with 4 master suites and an abundance of ocean views. The soft and clean color palette and coastal décor create the perfect seaside back drop. Sugar Magnolia is truly "TURN KEY" with New Roof in 2014, HVAC unit with 10 year service agreement 2014, Luxury Vinyl Tile Flooring throughout, Newer Furnishings with a few special pieces from Exotic Home, new Granite counters in kitchen, kitchenette, and wet bar in 2017, New Stainless Steel Appliances in 2015, new queen and king beds in 2018, New Dishwasher in 2018 with 3 year ext warranty, newer Anderson sliding glass doors and whole interior was painted in 2018. The list goes on, so please see ALL updates in Broker Notes. Property layout: Entry Level; Rec Room, sitting area, Kitchenette with Microwave, Refrigerator, and Dishwasher, Bedroom 6 and 7 with shared Full Bath, Washer/Dryer; Half Bath, and private outdoor pool. Mid Level: 4 bedrooms (3 are masters), Hall Bath, and Hot Tub on Deck. Top Level: Kitchen, Dining Room, Living room, Wet Bar, King Master Bedroom,Gas Fireplace, and Half Bath. 17 weeks already booked for 2019 totaling $68,410. *****Please check out our 3D Home Tour https://my.matterport.com/show/?m=6m1erdKnFMD and for aerial video please visit https://youtu.be/BpWRmc-ZYhQ*****

Directions

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Official MLS Disclaimer

The data relating to real estate for sale on this web site comes from the Broker Reciprocity Program of the Outer Banks Association of REALTORS. This property located at 9029 S Old Oregon Inlet Road in Nags Head is provided courtesy of Coldwell Banker Seaside Realty - KDH C: 252-202-2375. Information is believed to be accurate but is not warranted. Copyrighted by Outer Banks Association of REALTORS. All Rights Reserved. IDX information is provided by Shore Realty of the OBX exclusively for consumers, personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. If this page disappears from this site it means the property at 9029 S Old Oregon Inlet Road in Nags Head is no longer available for sale. If you are interested in this property or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local 252-441-3416 OR 800-647-1868.
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