Closing Price:
$799,000
9601D Old Oregon Inlet Road, Nags Head, NC 27959
4 bd
3 ba
2011 sq ft
MLS #: 114403
Status: Closed

Sold Details

Status: Closed
Sold Price: $826,000.00
Closing Date: 8/10/2021
Contract Date: 5/26/2021
Seller Concessions: Yes
Concession Comments: Repairs $13,200
Total Days on Market:
Cumulative Days on Market: 12
Due Diligence Date: 6/30/2021

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 12
Cumulative Days On Market: 12
Listing Price: $799,000
Original Listing Price: $799,000
Possession: Subject To Tenant Rights
Short Sale: No
Price Date: 8/11/2021
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 2011
Asking Price Per SqFt: $397.00
Heated Living Area Sq Ft: 2011
BedroomsTotal: 4
Bathrooms Full: 3
Year Built: 1986
Garage: Carport
Architectural Style: Nags Head
Sub Type: Condominium
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: No
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Flooring: Ceramic Tile, Vinyl Tile
Construction Materials: Frame

Legal Description

County: Dare
Subdivision: Bluffs Condos
Deed Book: 2478
Deed Book Page Number: 0038
County Pin Number: 07180648688602
Price Change: 8/10/2021
Road Surface: Paved, Public

Lot Details

Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2020
Annual Property Taxes: $3,257.00
Flood Zone: VE
Flood Insurance Expense: 716
Wind Insurance: 2517
Other Insurance: 189
Water Source: Municipal
Yearly Elecric Expense: 1922
Yearly Cable Tv Expense: 1197
Contract Status Change Date: 8/11/2021
Estimated Annual Fee Amt: $1,400.00
Sewer: Shared Septic
Association Fee Includes: Water
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Shakes
Extras: Ceiling Fan(s),Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Sun Deck,Dry Entry,Inside Laundry Room
HOA Contact Name: Bruce Liffiton
Primary Residence: No
HOA Contact Info: 301-529-7258

Rental Income

Annual Rental Income: 66534
Rental Performance: 0.0805
Owner Rental Income 2021 Amount: 55581
Avertised Income 2021 Amount: 61199

Listing Agent Remarks

This home is part of a duplex and this is the south unit. OCEANFRONT, spacious, well-maintained, and great rental income, these are the most requested amenities that an OBX buyer is looking for. This property is part of a four unit condo association and the water utility, trash, ground maintenance, and community septic is paid thru the condo dues. The hot tub is located on the west deck for more privacy. Huge oceanfront master bathroom with large garden tub. This price for an oceanfront location offering this much square footage is going to be hard to beat and the great rental income is going to be a bonus. EXCELLENT LOCATION AND OCEAN VIEWS, sold fully furnished. List of major improvements with corresponding year updated is in the Associated Documents.

Directions

Old Oregon Inlet Road runs off of South Virginia Dare Trail.

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 9601D Old Oregon Inlet Road in Nags Head is provided courtesy of Sun Realty - KDH C: 252-441-8011. 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 9601D 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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