Closing Price:
$229,000
8643 C S Old Oregon Inlet Road, Nags Head, NC 27959
3 bd
2 ba
1344 sq ft
MLS #: 90743
Status: Closed

Sold Details

Status: Closed
Sold Price: $210,000.00
Closing Date: 6/3/2016
Contract Date: 4/24/2016
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 143

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 143
Cumulative Days On Market: 143
Listing Price: $229,000
Original Listing Price: $249,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 6/7/2016
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: 1344
Asking Price Per SqFt: $170.00
Heated Living Area Sq Ft: 1344
BedroomsTotal: 3
Bathrooms Full: 2
Bathrooms Partial: 1
Year Built: 1980
Garage: Carport
Architectural Style: Reverse Floor Plan
Sub Type: Condominium
Appliances: Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Stackable Washer/Dryer
Roof: Asphalt
Parking: Off Street, Paved, Underground
Foundation: Piling
Pool: No
Screen Porch Size: NA
Sun Deck Size: YES
Cooling: Central Air, Heat Pump
Heating: Central, Electric, Heat Pump
Flooring: Vinyl
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Dunes South
Subdivision Name: DUNES SOUTH
Deed Book: 1242
Deed Book Page Number: 0403
County Pin Number: 071909068224
Price Change: 6/6/2016
Road Surface: Paved, Public
Association Amenities: Board Walk, Ocean Access, Outdoor-Comm. Tennis

Lot Details

Total Assessed Value: 279043
Lot Features: Level
Waterfront: 3 - lots from oceanfront (4th row)
View: Ocean
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2015
Annual Property Taxes: $2,587.00
Home Oner Insurance Expense: 1437
Flood Insurance Expense: 294
Water Source: Municipal
Yearly Water Expense: 435
Other Yearly Expense: 75
Pool Or Spa Expense: 0
Yearly Expense: Actual
Yearly Elecric Expense: 900
Yearly Cable Tv Expense: 1050
Contract Status Change Date: 6/7/2016
Estimated Annual Fee Amt: $2,100.00
Sewer: Shared Septic
Association Fee Includes: Road Maintenance, Tennis Courts, Walkways
Other Expenses 2: 140
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Vinyl
Extras: Beach Access,Boardwalk to Beach,Covered Decks,Outside Lighting,Sun Deck
Covered Deck Size: YES
HOA Contact Name: ERIC COHEN/RESORT REALTY
Primary Residence: No
HOA Contact Info: 441-2134

Rental Income

Annual Rental Income: 16300
Rental Performance: 0.0776

Listing Agent Remarks

Ocean view Dunes South unit has New Decks, Vinyl Siding, Windows, Doors in 2008, Roof in 98, New HVAC units in 2009, 2007. There is higher income potential as there are several weeks the owners block for personal use. Easy walk to Jeannette's Pier and Outer Banks Fishing Pier, sold fully furnished. Ocean Views, tennis courts, walkway to ocean, large decks, inside laundry area, outside storage room. Owner is responsible for outside maintenance and HVAC just like a house, owner pays insurance and flood insurance - the HOA does take care of the septic, common areas, tennis courts, lighting and dune replenishment. Under "Other" on financials is Contents insurance is $140 a year, Gas is $75. The Owner owns the exterior walls and the ground it sits on; so it is a form of a duplex however the tax records show it as a condo - so it is some form of a duplex condo. Financing has been provided on 2 Dunes South Condos through First Bank - Contact Mike Wiegand 252-441-6358 for financing options.

Directions

GO TO SOUTH NAGSHEAD, TURN EAST INTO DUNES SOUTH, MAKE 1ST LEFT, BLDG LAST ON LEFT SOUTH UNIT.

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 8643 C S Old Oregon Inlet Road in Nags Head is provided courtesy of Surfside Realty rick@outerbanker.com. 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 8643 C 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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