Shore Realty Outer Banks Home Sales

Listing Details For 8721 Old Oregon Inlet Road in Nags Head


MLS #: 80548
8721 S Old Oregon Inlet Road
Nags Head, NC 27959
Selling Price: $831,000
Asking Price: $899,900
Closing Date: 9/30/2014
Status: Sold CO OP by Member
Status Date: 10/1/2014



Listing Information

Headline2013 Gross Rental $90,620!
AreaS. N.H. East/Old Oregon R
Beds8
Full Baths5
Partial Baths1
Asking Price$899,900
Price Date10/1/2014
Original Asking Price$899,900
Price Per Square Foot$231
Days On Market383
Cumulative Days On Market563
Days On MLS382
Cumulative Days On MLS562
Listing Date9/12/2013
Listing TypeExclusive Right Sell
Input Date Date9/13/2013
Update Date10/1/2014 3:13:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleReverse Floor Plan
Year Built1998
Heated Living Area3897
Air ConditoningCentral,Heat Pump,Zoned
HeatingCentral,Heat Pump,Zoned
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer,2nd Dishwasher,2nd Refrigerator
Garage1 Car,Carport
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Gas Fireplace,Ice Maker Connection,Master Bath,Pantry,Wet Bar
CountertopsLaminate,Solid Surface
ExtrasBeach Access,Boardwalk to Beach,Ceiling Fan(s),Covered Decks,Hot Tub,Jet Tub,Outside Lighting,Outside Shower,Screened Porch,Smoke Detector(s),Sun Deck
Floor CoveringsCarpet,Ceramic Tile,Vinyl
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator w/Ice Maker,Washer,2nd Dishwasher,2nd Refrigerator
ConstructionFrame,Wood
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Fiberglass
ExteriorShakes,Vinyl
Covered Deck30 x 10
Sundeck ?28 x 12
Screen Porch Size14 x 14
FoundationPiling
Game Room Level Ground
Game Room Size34 x 14
Optional RoomsFoyer,Game Room,Utility Room
Virtual TourFoyer,Game Room,Utility Room

Lot Details & Legal Description

Address8721 S Old Oregon Inlet Road
Block1
SubdivisionHollywood Beach
Full Subdivision NameHollywood Beach Sec 5 Amended
CountyDare
CityNags Head
StateNC
Zip27959-
Deed Page0167
Deed Book1633
Doc Timestamp7/3/2014 2:51:00 PM
Pin Number071909154592
Tax Database ID4
Tax Property ID071909154592
Lot DescritionBeach Frontage,Level
View DescriptionOcean,Park Serv/Preserve,Sound,Salt Marsh
Water Frontage51
Distance To WaterOceanfront
ZoningRes
Flood ZoneVE
ParkingPaved
RoadsPaved,Public

Property Expense & Utilities

If the seller of this property located at 8721 Old Oregon Inlet Road in Nags Head has provided the expenses, you will see them below, as provided by the listing agent. If there are no expenses listed, give Shore Realty of the OBX a call and let us do the research for you. It helps to know! Local 252-441-3416 or 800-647-1868. OBX Local experts here to help you!

Association Fee Y/NNo
Tax Year2012
Property Taxes$6,804
Flood Insurance$462
Hazard Insurance$3,318
Yearly Expenses Actual/Estimated$3,318
Yearly Cable Expense$887
Yearly Electrical Expense$3,226
Yearly Telephone Expense$886
Water SourceMunicipal
Yearly Water Expense$878
Septic Disposal SystemPrivate Septic

Financial's

Rental Cottage NameCape Carolina I
Rental Cottage #535
Rental Turnover DaySunday
Finance OptionsCash,Conventional
Furniture Available ?Yes
Bill Of Sale?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count4

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 8721 Old Oregon Inlet Road is used as a vacation rental home or as a year round rental, you will see the income listed below if provided by the seller's agent. A lack of rental numbers does not necessarily mean the property is not rented out. For more call 800-647-1868 and we can get you the actual rental numbers.

Yearly Income Actual/EstimatedActual
Gross Annual Rental Income$90,620
Current Rental Income Amount$91,625
Current Rental Year2011
Gross Income 2013 $$90,620
Gross Income Year To Date$85,400

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 Old Oregon Inlet Road in Nags Head is provided courtesy of Ashley Fellers Massey of Village Realty - 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 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.

Schools

The school systems on the Outer Banks are never lacking for money. With most of the property owners living out of town, there is a disproportionate amount of tax money available to the schools, the result is lots of money spent per pupil.

We have 2 county school systems on the OBX, the Currituck County School System for residents of Corolla and the Currituck Mainland AND the Dare County School System for residents of the beach's from Duck south through Nags Head to Hatteras Island, Manteo and the Dare County Mainland.

Looking for more info about this property or another OBX properties? We can answer all your questions. Call DIRECT 800-647-1868 or fill out this form and let us know what you need, so we can start to help. It is easier than you think.




Level of Interest







Already Own OBX Property



For Immediate Service
252-441-3416 (Local OBX)
800-647-1868 (Toll Free)

Shore Realty of the Outer Banks Inc. - Locally Owned & Operated
252-441-3416 OR 800-647-1868

About Us | Privacy Policy | Site Map | Contact Us

©1995-2016 Shore Realty