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Closing Price:
$899,900
8721 S Old Oregon Inlet Road, Nags Head, NC 27959
8 bd
5 ba
3897 sq ft
MLS #: 80548
Status: Closed

Sold Details

Status: Closed
Sold Price: $831,000.00
Closing Date: 9/30/2014
Contract Date: 8/1/2014
Seller Concessions: Yes
Total Days on Market:
Cumulative Days on Market: 563

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 562
Cumulative Days On Market: 563
Listing Price: $899,900
Original Listing Price: $899,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 10/1/2014
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: 3897
Asking Price Per SqFt: $231.00
Heated Living Area Sq Ft: 3897
BedroomsTotal: 8
Bathrooms Full: 5
Bathrooms Partial: 1
Year Built: 1998
Garage: 1 Car,Carport
Architectural Style: Reverse Floor Plan
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Paved
Foundation: Piling
Pool: Yes
Pool Features: Fiberglass, In Ground, Outdoor Pool
Screen Porch Size: 14 x 14
Sun Deck Size: 28 x 12
Counter Tops: Laminate,Solid Surface
Cooling: Central Air, Heat Pump, Zoned
Interior Features: Cathedral Ceiling(s), Pantry, Wet Bar
Heating: Central, Heat Pump, Zoned
Room Type: Foyer, Game Room, Utility Room
Flooring: Carpet, Ceramic Tile, Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

Section: 5
County: Dare
Subdivision: Hollywood Beach
Subdivision Name: Hollywood Beach Sec 5 Amended
Deed Book: 1633
Deed Book Page Number: 0167
County Pin Number: 071909154592
Price Change: 9/30/2014
Block: 1
Road Surface: Paved, Public

Lot Details

Lot Features: Beach Frontage, Level
Water Frontage: 51
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt, Sound, Salt Marsh
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2012
Annual Property Taxes: $6,804.00
Home Oner Insurance Expense: 3318
Flood Zone: VE
Flood Insurance Expense: 462
Water Source: Municipal
Yearly Water Expense: 878
Yearly Expense: Actual
Yearly Elecric Expense: 3226
Yearly Telephone Expense: 886
Yearly Cable Tv Expense: 887
Contract Status Change Date: 10/1/2014
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
Seller to Sever Oil/Gas: No
Bank/Institution Owned: No
Oil/Gas Severed Pre Owner: No Representation
Oil/Gas Severed By Seller: No
Exterior: Shakes,Vinyl
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck
Covered Deck Size: 30 x 10
Primary Residence: No

Rental Income

Annual Rental Income: 90620
Rental Performance: 0.109

Listing Agent Remarks

Brand New Price ~ $899,900 for an 8 Bedroom Oceanfront with annual gross rental income history of $85-$91K! Don't miss a great opportunity! Extra wide beaches now in South Nags Head make for magnificent beach walks and fun filled days in the surf. This home offers almost 4000 square feet of living space, plus tons of deck space for outdoor entertaining. Formal tile entry with covered porch and built-in bench, lots of space for your guest to enjoy all the extra amenities: game room w/pool table, tv area & wet bar, Outdoor Pool & Hot Tub. Walk to the pier or take a short drive to Oregon Inlet, Pea Island Wildlife Refuge, Bodie Island Lighthouse, Outlet Mall, Restaurants, Manteo Art Galleries...lots to do very close by, but away from busy highway and commercial businesses. South Nags Head has a great following of repeat renters for all those reasons. Ask your agent for comprehensive list of Expenses located in Associated Documents.

Directions

South on Old Oregon Inlet Rd. to MP18, north of OB Fishing Pier

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 8721 S Old Oregon Inlet Road in Nags Head is provided courtesy of Village Realty Holdings, LLC - NH . 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 8721 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.
For Immediate Service
252-441-3416 (Local OBX)
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