NOT LISTED FOR SALE

56183 Elwood Ln Hatteras, NC 27943

Hatteras Neighborhood

Estimated Value: $942,000 - $1,105,000

3 Beds
3.5 Baths
2,664 Sq Ft
$375/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $590,000 $221 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,938/month

914 Days on Market

Highlights

  • Ocean View
  • Home fronts a sound
  • Coastal Architecture
  • Private Dock
  • Spa
  • Cathedral Ceiling

About This Home

As of November 2020

Great opportunity to be in Hatteras in this custom home with many details. Enjoy the soundfront view along the two boat slips.

Last Agent to Sell the Property

Dan Johnson

Midgett Realty - Hatteras License #90206 Listed on: 03/12/2018

Last Buyer's Agent

Dan Johnson

Midgett Realty - Hatteras License #90206 Listed on: 03/12/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,926

Year Built

  • Built in 2001

Lot Details

  • Home fronts a sound
  • Level Lot
  • Unpaved Streets

Property Views

  • Ocean
  • Views of a Sound
  • Canal

Home Design

  • Coastal Architecture
  • Frame Construction
  • Asphalt Shingled Roof
  • Lap Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 2,664 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Library
  • Screened Porch
  • Fire and Smoke Detector
  • Dryer

Kitchen

  • Built-In Oven
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • Tuck Under Parking
  • Paved Parking
  • Off-Street Parking

Outdoor Features

  • Spa
  • Sun Deck
  • Private Dock
  • Covered Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Private or Community Septic Tank

Community Details

  • Elwood & Lila J Austin Div Subdivision

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,926

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Coastal
  • Directions: Hwy 12 to Elizabeth Avenue to Borgabello. Left turn past yellow house, go to soundfront.
  • Extras: Ceiling Fan(s), Covered Decks, Hot Tub, Jet Tub, Screened Porch, Smoke Detector(s), Sun Deck, Boat Dock
  • Flood Zone: VE
  • Headline: GREAT OPPORTUNITY!
  • Heated Sq Ft: 2664
  • L V T Date: 03/12/2018
  • Roads: Unpaved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: RES
  • Deed Book Pg Number: 0094
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C0569
  • Outer Banks Software: Yes
  • Terradatum Inc: Yes
  • W And R Studios: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Countertop Range, Dishwasher, Dryer, Microwave, Refrigerator w/Ice Maker, Wall Oven
  • Bedrooms: 3
  • Countertops: Granite
  • Floor Coverings: Ceramic Tile, Hardwood
  • Foundation: Piling
  • Full Bathrooms: 3
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Gas Fireplace, Ensuite
  • Optional Rooms: Library/Study
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame, Wood
  • Exterior: Lap Siding, Cement Fiber Board
  • Roof: Asphalt/Fiber Shingle
  • View: Canal, Ocean, Sound, Salt Marsh

Garage/Parking

  • Parking: Paved, Off Street, Under

Utilities

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

Lot Info

  • Lot Description: Bulkheaded, Level, Water Frontage
  • Lot Number: Lot 2
  • Deed Book: 1475

Rental Info

  • Lease Terms: Weekly
  • Other Expenses: 175800
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: SAIL ON

Building Info

  • Year Built: 2001

Tax Info

  • Year: 2017
  • Taxes: 3926

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Nov 10, 2020
Sold by
Carter Michael D and Wiggins Carter Lisa
Bought by
Mcbride William E and Mcbride Kristin H
Seller's Agent
Dan Johnson
Midgett Realty - Hatteras
Buyer's Agent
Dan Johnson
Midgett Realty - Hatteras
List Price
$719,000
Sold Price
$590,000
Premium/Discount to List
-$129,000
-17.94%
Current Estimated Value
$1,021,568

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,568
Avg. Annual Appreciation
11.79%
Original Mortgage
$472,000
Outstanding Balance
$424,777
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$574,792
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
Mcbride William E $590,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbride William E $150,000
Open Mcbride William E $472,000
Previous Owner Carter Michael D $650,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $590,000 -11.8% $221 / Sq Ft
09/11/2020 09/11/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $669,000 -2.2% $251 / Sq Ft
11/25/2019 11/25/19 Price Changed $684,000 -2.1% $257 / Sq Ft
02/09/2019 02/09/19 Price Changed $699,000 -2.8% $262 / Sq Ft
03/12/2018 03/12/18 For Sale $719,000 -- $270 / 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 $4,448 $671,900 $233,100 $438,800
2023 $4,437 $689,452 $233,100 $456,352
2022 $4,368 $689,452 $233,100 $456,352
2021 $4,299 $689,452 $233,100 $456,352
2020 $4,289 $689,452 $233,100 $456,352
2019 $3,731 $496,400 $175,800 $320,600
2018 $0 $496,400 $175,800 $320,600
2017 $3,927 $522,000 $175,800 $346,200
2016 $3,711 $522,000 $175,800 $346,200
2014 $3,711 $522,000 $175,800 $346,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 99622

Outer Banks Association of REALTORS®

APN: 015605002