NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,031,000

5 Beds
6 Baths
3,409 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $572,500 $168 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $5,343/month

159 Days on Market

Highlights

  • Ocean Front
  • In Ground Pool
  • Cathedral Ceiling
  • Beach Access
  • Second Refrigerator
  • Wood Flooring

About This Home

As of August 2020

Located on a spacious corner lot just 1-lot back from oceanfront in an established subdivision, Summer Shack offers a variety of attractive features. Owners and guests will love the 12 X 28 private, in-ground pool with an adjacent hot tub and lots of concrete decking. The first level of the home includes a game room with a full size pool table, a wet bar with its own microwave and refrigerator as well as a convenient half bath and a washer and dryer. Entering the second floor of the home, you will be greeted by a large foyer with an artistic inlaid tile design. This floor is the location of four bedrooms, two of which are masters with private baths, and a bunk room that is decorated especially for kids. The third level of the cottage is the main living area with ample seating and a gas fireplace. The kitchen, which contains a breakfast bar with additional seating, is sure to be a popular gathering spot. This floor is accented by a sturdy wooden spiral staircase that leads to a loft. One of the nicest features of the home is the master bedroom located off the living area. The private bath associated with the master bedroom contains both a jet tub and its own gas fireplace. Having a master bedroom on the top floor living area is always a nice feature because it allows owners the opportunity for one level living during the island’s quiet off-season months. Summer Shack is an island cottage that is well worth your careful consideration!

Last Agent to Sell the Property

Tom Hranicka

NC 12 Realty License #135133 Listed on: 02/15/2020

Last Buyer's Agent

Michele Clark

Coastal Shores Realty Group License #189504

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,428

Year Built

  • Built in 2001

Lot Details

  • 10,500 Sq Ft Lot
  • Ocean Front
  • Corner Lot
  • Level Lot
  • Property is zoned S-1

Property Views

  • Ocean Views
  • Views of a Sound

Home Design

  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Wood Siding
  • Shake Siding
  • Piling Construction

Interior Spaces

  • 3,409 Sq Ft Home
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Entrance Foyer
  • Living Room
  • Dining Room
  • Loft
  • Game Room
  • Screened Porch
  • Fire and Smoke Detector

Kitchen

  • Oven or Range
  • Microwave
  • Second Refrigerator
  • Ice Maker
  • Dishwasher
  • Laminate Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • En-Suite Primary Bedroom
  • Hydromassage or Jetted Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Off-Street Parking

Pool

  • In Ground Pool
  • Outdoor Pool
  • Spa
  • Outdoor Shower

Outdoor Features

  • Beach Access
  • Sun Deck
  • Covered Deck
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Fuel Tank
  • Private or Community Septic Tank

Community Details

  • Hatteras Colony Subdivision

Listing and Financial Details

  • Tax Lot 16

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,428

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan
  • Directions: Hwy 12 to Rampart Street. House is on corner of Rampart & Colony Drive
  • Extras: Beach Access, Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Outside Lighting, Outside Shower, Screened Porch, Smoke Detector(s), Sun Deck
  • Flood Zone: AE
  • Subdivision Name: Hatteras Colony Sec E
  • Headline: Semioceanfront Luxury For Less
  • Heated Sq Ft: 3409
  • L V T Date: 02/15/2020
  • Roads: Paved
  • Sale/Rent: For Sale
  • Section: E
  • Waterfront Location: Semi-Oceanfront (2nd row)
  • Zoning: S-1
  • Advertised Income 2020: 28483
  • Deed Book Pg Number: 0215
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C2305
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator w/Ice Maker, Washer, 2nd Refrigerator
  • Bedrooms: 5
  • Bedroom 1: On Level: 2
  • Bedroom 2: On Level: 2
  • Bedroom 3: On Level: 2
  • Bedroom 4: On Level: 2
  • Bedroom 5: On Level: 3
  • Kitchen: On Level: 3
  • Countertops: Laminate
  • Floor Coverings: Carpet, Tile, Wood
  • Foundation: Piling
  • Full Bathrooms: 4
  • Furnishings Available: Yes
  • Interior Amenities: Cathedral Ceiling(s), Gas Fireplace, Ensuite, Wet Bar
  • Dining Room: On Level: 3
  • Game Room: On Level: 1
  • Living Room: On Level: 3
  • Optional Rooms: Foyer, Game Room, Loft
  • Partial Bathrooms: 2
  • Optional Room 1: Loft, On Level: 4

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Shakes, Wood
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Ocean, Sound

Garage/Parking

  • Garage: Carport
  • Parking: Off Street, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Fuel Tanks: Leased
  • Sewer/Septic System: Private Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 7057

Lot Info

  • Estimated Lot Sq Ft: 10500
  • Lot Description: Corner, Level
  • Lot Faces: East
  • Lot Number: Lot 16
  • Estimated Lot Size: 0.24
  • Deed Book: 1574

Rental Info

  • Flood Expenses: 778
  • Lease Terms: Weekly
  • Other Expenses: 300
  • Other Expenses2: 384
  • Poolspa Expense: 5284
  • Rental Co: Outer Beaches Realty
  • Rental Cottage Name: Summer Shack
  • Rental Cottage Number: 487
  • Rental Phone Number: (252) 995-4477
  • Rental Turnover Day: Sunday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 2128
  • Annual Electric: 5740
  • Annual Telephone Expense: 619
  • Annual Water Expense: 1139

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2019
  • Taxes: 4427.79

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2020
Closed on
Aug 28, 2020
Sold by
Halstead Jason P and Halstead Margot
Bought by
Potter Anthony S and Potter Karen L
Seller's Agent
Tom Hranicka
NC 12 Realty
Buyer's Agent
Michele Clark
Coastal Shores Realty Group
List Price
$595,000
Sold Price
$572,500
Premium/Discount to List
-$22,500
-3.78%
Current Estimated Value
$951,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,005
Avg. Annual Appreciation
10.66%
Original Mortgage
$510,400
Outstanding Balance
$453,974
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$501,072
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Potter Anthony S $572,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potter Anthony S $510,400
Previous Owner Halstead Jason P $409,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2020 08/28/20 Sold $572,500 -3.8% $168 / Sq Ft
07/23/2020 07/23/20 Pending -- -- --
02/15/2020 02/15/20 For Sale $595,000 -- $175 / Sq Ft
Source: Outer Banks Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $3,818 $584,200 $149,500 $434,700
2023 $3,687 $601,588 $149,500 $452,088
2022 $3,626 $601,588 $149,500 $452,088
2021 $3,577 $601,588 $149,500 $452,088
2020 $4,412 $601,588 $149,500 $452,088
2019 $4,412 $616,300 $149,300 $467,000
2018 $4,412 $616,300 $149,300 $467,000
2017 $4,412 $616,300 $149,300 $467,000
2016 $4,117 $616,300 $149,300 $467,000
2014 $4,117 $616,300 $149,300 $467,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 108317

Outer Banks Association of REALTORS®

APN: 012847000