Listing Details For 9617 S Old Oregon Inlet Road in Nags Head

Closing Price:
$1,699,900
9617 S Old Oregon Inlet Road, Nags Head, NC 27959
6 bd
4 ba
3194 sq ft
MLS #: 120977
Status: Closed

Sold Details

Status: Closed
Sold Price: $1,550,000.00
Closing Date: 3/13/2023
Contract Date: 1/12/2023
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 35
Due Diligence Date: 2/20/2023

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 35
Cumulative Days On Market: 35
Listing Price: $1,699,900
Original Listing Price: $1,699,900
Possession: Close Of Escrow
Short Sale: No
Price Date: 3/13/2023
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: 3194
Asking Price Per SqFt: $532.00
Heated Living Area Sq Ft: 3194
BedroomsTotal: 6
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1982
Garage: 2 Car,Carport
Architectural Style: Contemporary, Coastal
Sub Type: Single Family Residence
Appliances: 2nd Refrigerator, Dryer, Dishwasher, Microwave, Refrigerator, Range/Oven, Washer
Roof: Asphalt
Foundation: Piling
Pool: Yes
Pool Type: Private
Pool Features: In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Heat Pump
Interior Features: Pantry
Heating: Heat Pump
Flooring: Carpet, Ceramic Tile
Construction Materials: Frame, Wood Siding

Legal Description

County: Dare
Subdivision: Kittiwake
Deed Book: 2364
Deed Book Page Number: 0172
County Pin Number: 071806488540
Price Change: 3/12/2023
Road Surface: Paved, Public

Lot Details

Lot Size Dimensions: 70' wide x 480'+ deep
Lot Features: Beach Frontage, Level
Lot Faces: E
Water Frontage: 70
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt, Sound
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2022
Annual Property Taxes: $9,425.00
Home Oner Insurance Expense: 1782
Flood Insurance Expense: 658
Wind Insurance: 4735
Water Source: Municipal
Yearly Water Expense: 878
Other Yearly Expense: 3762
Pool Or Spa Expense: 5000
Yearly Elecric Expense: 3667
Yearly Cable Tv Expense: 2602
Contract Status Change Date: 3/13/2023
Estimated Annual Fee Amt: $0.00
Sewer: Septic Tank
Maintenance Expense: 2295
Association Fee Yes or No: No - Restrictive Covenants May Apply

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Lap Siding,Vinyl
Extras: Ceiling Fan(s),Hot Tub,Outside Lighting,Outside Shower,Smoke Detector(s),Sun Deck,Dry Entry
Fuel Tanks: None
HOA Contact Name: N/A
Primary Residence: No
Street Frontage : 70
HOA Contact Info: N/A

Rental Income

Annual Rental Income: 150000
Rental Performance: 0.0968
Owner Renatl Income 2023 Amount: 132364
Avertised Income 2023 Amount: 135745
Owner Renatl Income 2022 Amount: 146200
Avertised Income 2021 Amount: 150115
Owner Rental Income 2021 Amount: 129491
Avertised Income 2021 Amount: 132849

Listing Agent Remarks

Not your ordinary rental machine. This oceanfront estate is overflowing with character and income! Generating $150k in rental income in 2022, and already has $125k for 2023 (as of 12/8). Enjoy WIDE OPEN ocean & sound views, a stable vegetated dune, and few neighboring homes providing uncrowded beaches and privacy! One of the best dune lines in all of South Nags Head. This quality constructed 6 bedroom and 4.5 bath home offers a traditional floor plan (not a lot of stairs), great ocean views, a functional open-concept floor-plan, renovated kitchen with plenty of cabinetry for storage, a game room with kitchenette, and so much more. The main-level boasts a generous great room with a soaring ceiling and sky lights providing lots of natural light, low maintenance LVT flooring, dining area, large sun deck with Trex decking and vinyl railings; stairs that go all the way down to the pool, chef's kitchen with eat-in bar for 6, granite countertops, coastal colored backsplash, smoothtop range/oven, a utility room conveniently located just off the kitchen, a powder bath, and a primary bedroom with a private ensuite bath, and private access to the sun deck. This level is perfect for entertaining family and friends and extends nicely to the massive sun deck for more outdoor living where you can spot dolphin, and enjoy some of the most amazing sunrises. The top level offers 4 more spacious bedrooms; two are ensuites to a shared full bath. The bedrooms on the east side have stunning ocean views, and the bedrooms on the west have private deck access with views of the parkland and the sound. Here you will enjoy being mesmerized by those famous outer banks sunsets. The ground level features a cozy den area, game room, and kitchenette complete with a full size refrigerator, wet bar, and microwave. There's also 1 more bedroom and full bath. The exterior offers low maintenance vinyl siding, railings, windows, and Trex decking, the entire home sits off the ground for EXTRA protection (no water intrusion or moisture issues here), massive carport area, a huge pool area with a newer pool (installed in 2014). Lovingly maintained with a list upgrades in associated docs. A few items include beach side Andersen sliders installed in 2022, roof, skylights, beach side siding and windows installed in 2019, replaced HVAC units 2018, and new water heater in 2019. This property has all you need to begin building memories on the quiet end of South Nags Head. Turn key with serious rental income! **Please note: the laundry room is not in the 3D Virtual Tour**

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 9617 S Old Oregon Inlet Road in Nags Head is provided courtesy of Coldwell Banker Seaside Realty - KDH C: 252-202-2375. 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 9617 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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