Listing Details For 8111 S Old Oregon Inlet Road in Nags Head

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Closing Price:
$379,000
8111 S Old Oregon Inlet Road, Nags Head, NC 27959
3 bd
2 ba
1833 sq ft
MLS #: 74549
Status: Closed

Sold Details

Status: Closed
Sold Price: $351,000.00
Closing Date: 6/5/2013
Contract Date: 5/27/2013
Seller Concessions: No
Total Days on Market:
Cumulative Days on Market: 414

Listing Information

Area: S. N.H. East/Old Oregon R
Mls Status: Closed
Days On Market: 414
Cumulative Days On Market: 414
Listing Price: $379,000
Original Listing Price: $43,900,000
Possession: Negotiable
Short Sale: Yes
Price Date: 6/13/2013
Furnishing Available: Yes
Bill Of Sale Amount: No
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell

Building Details

Primary Heated Living Area Sq Ft: 1833
Asking Price Per SqFt: $207.00
Heated Living Area Sq Ft: 1833
BedroomsTotal: 3
Bathrooms Full: 2
Year Built: 1986
Architectural Style: Contemporary
Sub Type: Condominium
Appliances: Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Parking Lot, Off Street, Paved
Pool: No
Screen Porch Size: NA
Cooling: Central Air, Heat Pump
Heating: Central, Electric, Heat Pump
Flooring: Carpet, Wood
Construction Materials: Frame, Masonry, Wood Siding

Legal Description

County: Dare
Subdivision: Diamond Shoals
Subdivision Name: DIAMOND SHOALS
Deed Book: 1310
Deed Book Page Number: 0520
County Pin Number: 08002081467420
Price Change: 6/12/2013
Block: 2
Road Surface: Paved, Public
Association Amenities: Ocean Access, Outdoor-Comm. Pool

Lot Details

Total Assessed Value: 394280
Lot Features: Beach Frontage, Level, Waterfront
Waterfront: Ocean Front
View: Ocean, Park/Greenbelt
Property Type: Residential

Property Expenses & Utilities

Tax Year: 2011
Annual Property Taxes: $2,414.00
Home Oner Insurance Expense: 3090
Water Source: Municipal
Yearly Expense: Actual
Yearly Elecric Expense: 1145
Yearly Telephone Expense: 395
Yearly Cable Tv Expense: 816
Contract Status Change Date: 6/13/2013
Estimated Annual Fee Amt: $5,600.00
Sewer: Shared Septic
Association Fee Includes: Building Maintenance, Electricity, Common Insurance, Flood Insurance, Maintenance Grounds, Management, Pool, Water, Walkways
Association Fee Yes or No: Yes

Financials

Bill Of Sale Amoung: 1
Bank/Institution Owned: No
Exterior: Shakes,Wood
HashTag of Units: 1
Extras: Beach Access,Boardwalk to Beach,Covered Decks,Elevator,Jet Tub,Landscaped,Outside Lighting,Patio,Storage Shed
Covered Deck Size: VERY LARGE
HOA Contact Name: CAPE MANAGEMENT-MELODY WINTERS
Primary Residence: No
HOA Contact Info: 1-252-480-2700

Rental Income

Annual Rental Income: 30555
Rental Performance: 0.0871

Listing Agent Remarks

THIS UNIT IS UNDER CONTRACT BUT SELLER WANTS ALL "BACK UP OFFERS TO BE SUBMITTED. THIS IS A SHORT SALE AND YOU NEVER KNOW. FANTASTIC OCEAN VIEWS ARE YOURS FROM THIS 2ND FLOOR OCEAN FRONT DIAMOND SHOALS UNIT. NO NEED TO CLIMB STAIRS - TAKE THE ELEVATOR, WHAT A GREAT WAY TO OWN AN OCEAN FRONT CONDO IN ONE OF THE FEW CONDOMINIUMS ON THE OUTER BANKS WITH AN ELEVATOR. SOUTH NAGS HEAD BOASTS ONE OF THE PRETTIEST BEACHES ON THE OUTER BANKS SINCE THE BEACH NOURISHMENT. GORGEOUS OCEAN VIEWS.. SOLD FULLY FURNISHED EXCLUDING TV IN LIVING ROOM. FANTASTIC OCEAN VIEWS, ELEVATOR, GREAT RENTAL INCOME, WIDE BEACH, ALL ADD UP TO A "DIAMOND" AT DIAMOND SHOALS. COME TAKE A LOOK. THIS IS A SHORT SALE. ASSOCIATION FEE ALSO COVERS WATER BILL, CABLE BILL AND THE SBA LOAN FOR THE IMPROVEMENTS. INSURANCE IS CURRENTLY $3,090 DUE EVERY JULY. FINANCING IS AVAILABLE THROUGH MORTGAGE NETWORK, CALL LINDA BARBER AT 1-252-715-1911 X 1402- 20% DOWN. SELLER HAS LENDER ALREADY PREPARED. ALL WE NEED IS AN OFFER.

Directions

GO TO SOUTH NAGSHEAD AND DIAMOND SHOALS WILL BE ON THE LEFT THIS UNIT IS TO THE NORTH

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 8111 S 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 8111 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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