Closing Price:
$510,000
10321 S Old Oregon Inlet Road, Nags Head, NC 27959
3 bd
2 ba
960 sq ft
MLS #: 116231
Status: Closed

Sold Details

Status: Closed
Sold Price: $490,000.00
Closing Date: 1/21/2022
Off Market Date: 11/17/2021
Contract Date: 12/1/2021
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 14
Due Diligence Date: 1/11/2022

Listing Information

Area: Nags Head Oceanside
Mls Status: Closed
Days On Market: 12
Cumulative Days On Market: 14
Listing Price: $510,000
Original Listing Price: $525,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 1/21/2022
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 960
Asking Price Per SqFt: $531.00
Heated Living Area Sq Ft: 960
BedroomsTotal: 3
Bathrooms Full: 2
Year Built: 1976
Architectural Style: Beach Box
Sub Type: Condominium
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Association
Pool Features: Association, In Ground, Outdoor Pool
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Heating: Central, Heat Pump
Flooring: Carpet, Ceramic Tile, Vinyl, Laminate

Legal Description

County: Dare
Subdivision: None
Deed Book: 2385
Deed Book Page Number: 618
County Pin Number: 071820725371
Price Change: 1/20/2022
Association Amenities: Ocean Access, Outdoor-Comm. Pool, Playground

Lot Details

Lot Size Acres: 0.02
Lot Features: Beach Frontage, Level, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2021
Annual Property Taxes: $1,990.00
Flood Zone: VE
Water Source: Municipal
Contract Status Change Date: 1/21/2022
Estimated Annual Fee Amt: $2,400.00
Sewer: Septic Tank
Association Fee Includes: Maintenance Grounds, Management, Other-See Remarks, Pool
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Vinyl
HashTag of Units: 1
Extras: Beach Access,Ceiling Fan(s),Covered Decks,Screened Porch,Sun Deck,Roof Top Deck
Fuel Tanks: None
HOA Contact Name: Geri McManus
Primary Residence: No
HOA Contact Info: 252-216-8338

Rental Income

Annual Rental Income: 65185
Rental Performance: 0.133
Owner Rental Income 2021 Amount: 44218
Avertised Income 2021 Amount: 51394

Listing Agent Remarks

South Nags Head Oceanfront Cottage!! You said you wanted Oceanfront...this is it! Vintage 3 bedroom and 2 bath cottage with unmatched beach frontage and views. This charming property is finished in classic Outer Banks styling with T&G wood walls, a covered porch, sun deck, roof top deck and a relaxed and comfortable feel. Walk out the door, take your shoes off and you are there! Part of Geri's Place Cottages, this single family home is a condo and part of the cottage court. The cottage court offers a community pool, playground, trash removal, road maintenance and grounds maintenance. The cottage has been well cared for with recent updates such as new decks, stairs and hand rails. Drain-field was replaced in 2016. Pilings are not original. About 15 years ago they were replaced with new and oceanfront depth pilings. The property is a consistent renter with over 50,000 booked for 2021. Rental projection on file from Seaside Vacations for 65,185 advertised rent and 54,990 Owner gross. Sold fully furnished and rental ready! Don't miss this opportunity!

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 10321 S Old Oregon Inlet Road in Nags Head is provided courtesy of Coldwell Banker Seaside Realty KH C: 252-202-6920. 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 10321 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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