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Closing Price:
$324,900
116 E Oregon Drive, Nags Head, NC 27959
3 bd
3 ba
1606 sq ft
MLS #: 61306
Status: Closed

Sold Details

Status: Closed
Sold Price: $285,000.00
Closing Date: 9/16/2011
Contract Date: 5/27/2011
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 865

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 865
Cumulative Days On Market: 865
Listing Price: $324,900
Original Listing Price: $349,900
Possession: Close Of Escrow, Subject To Tenant Rights
Short Sale: No
Price Date: 9/19/2011
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1606
Asking Price Per SqFt: $202.00
Heated Living Area Sq Ft: 1606
BedroomsTotal: 3
Bathrooms Full: 3
Year Built: 1978
Garage: None
Architectural Style: Beach Box, Coastal
Sub Type: Single Family Residence
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: No
Counter Tops: Laminate
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s)
Heating: Central, Heat Pump
Room Type: Utility Room, Workshop
Flooring: Carpet, Vinyl, Wood
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: High Dunes
Subdivision Name: High Dunes
Deed Book: 1636
Deed Book Page Number: 421
County Pin Number: 071811568347
Price Change: 9/18/2011
Road Surface: Paved, Public

Lot Details

Lot Size Square Feet: 8500
Lot Features: Beach Frontage, Waterfront
Waterfront: Ocean Front
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2011
Annual Property Taxes: $748.00
Home Oner Insurance Expense: 1728
Flood Insurance Expense: 252
Water Source: Municipal
Yearly Water Expense: 665
Yearly Expense: Actual
Yearly Elecric Expense: 1299
Yearly Telephone Expense: 214
Yearly Cable Tv Expense: 571
Contract Status Change Date: 9/19/2011
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: Lap Siding,Vinyl
HashTag of Units: 1
Extras: Beach Access,Ceiling Fan(s),Outside Shower,Smoke Detector(s)
Primary Residence: No

Rental Income

Annual Rental Income: 39430
Rental Performance: 0.1384

Listing Agent Remarks

THE BLUE CRAB – OCEANFRONT COTTAGE w/ INCREDIBLE OCEAN VIEWS!! Get ready to enjoy your self in this charming beach house with Hardwood floors and a vaulted ceiling in open kitchen, dining and living room area ALL overlooking the OCEAN. Rental Income of $31,224 in 2010, that yields 9.6% ROI! This house is a favorite with many renters, and it is not hard to see why. Fourth room upstairs used as bedroom by owner. Bright and colorful furniture and furnishings add to the beach experience of this rare opportunity. Ground floor enclosure not included in heated living SQF has the 3rd bathroom and is locked off from renters and agents. 2008 New Septic system permitted for 3 bedrooms by Dare County Health Department, noted as 4 bedrooms by Town of Nags Head. Great Owner Financing opportunity!!

Directions

South on Old Oregon Inlet Road. 1st left past MP 20 & Nags Head water tower. House on right

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 116 E Oregon Drive in Nags Head is provided courtesy of Southern Shores Realty C: 252-261-2000. 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 116 E Oregon Drive 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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