Shore Realty Outer Banks Home Sales

Listing Details For 8420 Old Oregon Inlet Road in Nags Head


MLS #: 87226
8420 Old Oregon Inlet Road
Nags Head, NC 27959
Selling Price: $650,000
Asking Price: $674,900
Closing Date: 11/20/2015
Status: Sold CO OP by Member
Status Date: 11/20/2015



Listing Information

Headline1yr guarantee-$70k annual rent
AreaS. N.H. West/Old Oregon R
Beds7
Full Baths5
Partial Baths2
Asking Price$674,900
Price Date11/20/2015
Original Asking Price$725,000
Total Tax Assessed Value$605,300
Land Tax Assessd Value$186,700
Price Per Square Foot$203
Days On Market247
Cumulative Days On Market247
Days On MLS247
Cumulative Days On MLS247
Listing Date3/18/2015
Listing TypeExclusive Right Sell
Input Date Date3/18/2015
Update Date11/20/2015 10:20:00 PM
Sale Or RentFor Sale
OwnershipO
Primary Residence Y/NN

Building Details

TypeSingle Family - Detached
ClassRESIDENTIAL
StyleContemporary
Year Built2002
Heated Living Area3324
Air ConditoningCentral
HeatingCentral
AppliancesDishwasher,Dryer,Ice Machine,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher,2nd Refrigerator
GarageCarport
Interior FeaturesAll Window Treatments,Cathedral Ceiling(s),Dryer Connection,Gas Fireplace,Ice Maker Connection,Master Bath,Wet Bar
CountertopsLaminate
ExtrasCeiling Fan(s),Covered Decks,Fenced Yard,Jet Tub,Landscaped,Lawn Sprinklers,Outside Lighting,Outside Shower,Patio,Screened Porch,Sun Deck,Dry Entry
Floor CoveringsCarpet,Ceramic Tile
AppliancesDishwasher,Dryer,Ice Machine,Microwave,Range/Oven,Refrigerator,Washer,2nd Dishwasher,2nd Refrigerator
ConstructionFrame
RoofAsphalt/Fiber Shingle
Pool Y/NYes
Pool TypeOutdoor,In Ground,Fiberglass,Private
ExteriorVinyl
FoundationPiling
Optional RoomsGame Room
Virtual TourGame Room

Lot Details & Legal Description

Address8420 Old Oregon Inlet Road
Block6
SubdivisionBodie Isl Beach
CountyDare
CityNags Head
StateNC
Zip27959
Deed Page0255
Deed Book1478
Doc Timestamp9/14/2015 4:27:00 PM
Pin Number070908982529
Tax Database ID4
Tax Property ID070908982529
Lot Square Feet14000
Lot DescritionAdj to Park Serv./Preserv,Level
View DescriptionOcean,Park Serv/Preserve
Distance To WaterSemi-Oceanfront
ZoningResidentia
Flood ZoneAE
ParkingPaved,Off Street,Under
RoadsPaved,Public

Property Expense & Utilities

If the seller of this property located at 8420 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 Year2014
Property Taxes$4,318
Water SourceMunicipal
Septic Disposal SystemPrivate Septic

Financial's

Rental Cottage NameWe're Down Here
Rental Cottage ##065
Rental Turnover DaySAT
Finance OptionsCash,Conventional
Furniture Available ?Yes
Furniture Price/Bill Of Sale Amount$1
PossessionAt Closing
Potential Short Sale Y/NNo
Bank Owned Y/NNo
Associated Document Count6

Rental Income

This section will only apply to homes already in a some type of rental program. If the property located at 8420 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$62,360

Listing Agent Remarks

Wish buying investment property came with a guarantee... well, this one does... for 1 year! It is the ideal rental machine with its 7 bedrooms/5 full baths/2 half baths, with both ocean and sound views. It is being sold fully furnished and has much to offer. Ground Level: parking for 5 cars, playground w/swing set, covered dry entry, game room w/pool table, home theater system, stereo w/CD, plug and play arcade Gold Game Player w/games, wet bar w/microwave and full size refrigerator, half bath, washer/dryer, en suite bedroom w/king, crib, CATV, VCR, and full bath, access to private swimming pool (13' x 29'), screen porch w/hot tub, 2 enclosed outside showers, and park grill. Mid-Level: 5 bedrooms (1 en suite w/King, CATV, DVD, & Full Bath, 2 w/Queens, CATVs, VCRs, shared full hall bath, 1 w/duo bunk w/CATV, 1 w/Double w/CATV, & VCR, and shared semi-private bath). Top Level: open living/dining/kitchen area, home theater system, stereo w/CD, wet bar w/ice maker, gas fireplace, half bath, large en suite w/King and full bath w/jetted tub. This home is just a short stroll to the beach (beach access is approximately 150 yards north at Hargrove St.) with horizon ocean views from the wide east-facing porch. Plus, this property adjoins National Wildlife Preserve, so those sweeping views to the west will remain untouched. Seller is guaranteeing $70,000 in gross rents for 2016 rental season with acceptable offer.

Directions

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 8420 Old Oregon Inlet Road in Nags Head is provided courtesy of Hugh Willey of Sun Realty - KDH. 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 8420 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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