Shore Realty Outer Banks Home Sales

Listing Details For 9029 Old Oregon Inlet Road in Nags Head


MLS #: 81022
9029 S Old Oregon Inlet Road
Nags Head, NC 27959
Selling Price: $915,000
Asking Price: $959,000
Closing Date: 2/21/2014
Status: Sold CO OP by Member
Status Date: 2/22/2014



Listing Information

HeadlineOceanfront Rental Machine!!!
AreaS. N.H. East/Old Oregon R
Beds7
Full Baths5
Partial Baths2
Asking Price$959,000
Price Date2/22/2014
Original Asking Price$989,000
Price Per Square Foot$268
Days On Market123
Cumulative Days On Market123
Days On MLS123
Cumulative Days On MLS123
Listing Date10/21/2013
Listing TypeExclusive Right Sell
Input Date Date10/22/2013
Update Date2/22/2014 5:42:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleContemporary
Year Built1999
Heated Living Area3576
Air ConditoningHeat Pump
HeatingHeat Pump
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher,2nd Refrigerator
GarageNone
Interior FeaturesCathedral Ceiling(s),Gas Fireplace,Ice Maker Connection,Master Bath,Wet Bar
ExtrasBoardwalk to Beach,Ceiling Fan(s),Hot Tub,Jet Tub,Outside Shower
Floor CoveringsCarpet,Ceramic Tile,Tile
AppliancesDishwasher,Dryer,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher,2nd Refrigerator
ConstructionFrame
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Fiberglass
ExteriorVinyl
FoundationSlab
Optional RoomsGame Room,Utility Room

Lot Details & Legal Description

Address9029 S Old Oregon Inlet Road
Block13
SubdivisionHollywood Beach
CountyDare
CityNags Head
StateNC
Zip27959-
Deed Page0294
Deed Book1876
Doc Timestamp11/5/2013 4:02:00 PM
Pin Number071914237133
Tax Database ID4
Tax Property ID071914237133
Lot Square Feet13000
Lot DescritionBeach Frontage
View DescriptionOcean
Distance To WaterOceanfront
ZoningRes
ParkingPaved
RoadsPaved,Public
Listing Restrictions1031 Tax Deferred Exch.

Property Expense & Utilities

If the seller of this property located at 9029 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 Year2013
Property Taxes$8,207
Water SourceMunicipal
Septic Disposal SystemPrivate Septic

Financial's

Rental Cottage NameSugar Magnolia
Rental Turnover DaySunday
Finance OptionsCash,Conventional
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count9

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 9029 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$100,447
Current Rental Income Amount$50,155
Current Rental Year2014
Gross Income 2013 $$100,447
Gross Income Year To Date$91,965

Listing Agent Remarks

Newly remodeled, appliances, new furniture - featuring some of Exotic Homes beautiful pieces, beds, bedding, carpet, new roof, new Anderson sliding glass doors, etc..... Come and enjoy the sun and ocean under "Sugar Magnolia" your home to make vacation memories! Walk along the pristine beaches of Nags Head with your loved ones or enjoy the private pool. You can sit on the oceanfront dune deck and watch the dolphins frolic in the water while relaxing reading your favorite book. Sugar Magnolia is near Shopping, Fishing, Restaurants and Historic sites. Property Layout: Entry Level: Rec Room with TV/DVD; Ping Pong Table; Wet Bar with Fridge, Microwave, Dishwasher; Queen Bedroom; Bedroom with Double Bunk Bed; Full Bath; Washer/Dryer; Half Bath. Mid Level: Queen Bedroom; Hall Bath; Bedroom with 2 Twins; 2 King Master Bedrooms with TV/VCR; Hot Tub on Deck. Top Level: Kitchen; Dining Room; Living Room with TV/DVD; Wet Bar; King Master Bedroom with TV/VCR; Gas Fireplace; Half Bath. This is the perfect "turn key" investment property. Act now... An incredible oceanfront home at this price won't last long!!! This home made over $100,000 for 2013 and already has over $50,000 booked for 2014!

Directions

MP 18 right after the Outer Banks 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 9029 Old Oregon Inlet Road in Nags Head is provided courtesy of L. Megan Mailand of Outer Banks Home Search, LLC. 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 9029 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.




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