Closing Price:
$674,900
8420 Old Oregon Inlet Road, Nags Head, NC 27959
7 bd
5 ba
3324 sq ft
MLS #: 87226
Status: Closed

Sold Details

Status: Closed
Sold Price: $650,000.00
Closing Date: 11/20/2015
Contract Date: 10/14/2015
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 247

Listing Information

Area: S. N.H. West/Old Oregon R
Mls Status: Closed
Days On Market: 247
Cumulative Days On Market: 247
Listing Price: $674,900
Original Listing Price: $725,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/20/2015
Furnishing Available: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 3324
Asking Price Per SqFt: $203.00
Heated Living Area Sq Ft: 3324
BedroomsTotal: 7
Bathrooms Full: 5
Bathrooms Partial: 2
Year Built: 2002
Garage: Carport
Architectural Style: Contemporary
Sub Type: Single Family Residence
Appliances: 2nd Dishwasher, 2nd Refrigerator, Dryer, Dishwasher, Ice Maker, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Laminate
Cooling: Central Air
Interior Features: Cathedral Ceiling(s), Wet Bar
Heating: Central
Room Type: Game Room
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame

Legal Description

County: Dare
Subdivision: Bodie Isl Beach
Deed Book: 1478
Deed Book Page Number: 0255
County Pin Number: 070908982529
Price Change: 11/19/2015
Block: 6
Road Surface: Paved, Public

Lot Details

Total Assessed Value: 605300
Lot Size Square Feet: 14000
Lot Features: Adj to Park Serv./Preserv, Level
Waterfront: Semi-Oceanfront (2nd row)
View: Ocean, Park/Greenbelt
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2014
Annual Property Taxes: $4,318.00
Flood Zone: AE
Water Source: Municipal
Other Yearly Expense: 186700
Contract Status Change Date: 11/20/2015
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: Ceiling Fan(s),Covered Decks,Fenced Yard,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Screened Porch,Sun Deck,Dry Entry
Primary Residence: No

Rental Income

Annual Rental Income: 62360
Rental Performance: 0.0959

Listing Agent Remarks

Wish buying investment property came with a guarantee... well, this one does... for 1 year! It is the ideal rental machine with its 7 bedrooms/5 full baths/2 half baths, with both ocean and sound views. It is being sold fully furnished and has much to offer. Ground Level: parking for 5 cars, playground w/swing set, covered dry entry, game room w/pool table, home theater system, stereo w/CD, plug and play arcade Gold Game Player w/games, wet bar w/microwave and full size refrigerator, half bath, washer/dryer, en suite bedroom w/king, crib, CATV, VCR, and full bath, access to private swimming pool (13' x 29'), screen porch w/hot tub, 2 enclosed outside showers, and park grill. Mid-Level: 5 bedrooms (1 en suite w/King, CATV, DVD, & Full Bath, 2 w/Queens, CATVs, VCRs, shared full hall bath, 1 w/duo bunk w/CATV, 1 w/Double w/CATV, & VCR, and shared semi-private bath). Top Level: open living/dining/kitchen area, home theater system, stereo w/CD, wet bar w/ice maker, gas fireplace, half bath, large en suite w/King and full bath w/jetted tub. This home is just a short stroll to the beach (beach access is approximately 150 yards north at Hargrove St.) with horizon ocean views from the wide east-facing porch. Plus, this property adjoins National Wildlife Preserve, so those sweeping views to the west will remain untouched. Seller is guaranteeing $70,000 in gross rents for 2016 rental season with acceptable offer.

Directions

South on OOIR at MP 17.5 (green sign)

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 8420 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 8420 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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