NOT LISTED FOR SALE

56420 Nc Highway 12 Hatteras, NC 27943

Hatteras Neighborhood

Estimated Value: $1,505,116 - $1,855,000

6 Beds
5.5 Baths
3,669 Sq Ft
$469/Sq Ft Est. Value

Last Sold March 07, 2018

Last sale price $900,000 $245 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $10,034/month

119 Days on Market

Highlights

  • Ocean View
  • Home fronts a sound
  • In Ground Pool
  • Private Dock
  • Home Theater
  • 34,500 Sq Ft lot

About This Home

As of March 2018

Paradise Cove is situated on one of Hatteras Island's most desirable water front locations. This sound front location has views of creeks, marshes, waves from the ocean across NC 12 Highway, National Park Service lands, and the Cape Hatteras Lighthouse in the distance. The top floor includes a large open living room, dining area and kitchen with views through every window. There is a grand master suite on this level and a mini-office in the upper loft above. The middle floor has three more king master suites and a den. Lots of fun happens on the lower level in the game room, home theater room, kid's double bunk room, queen bedroom and handicap friendly bath. You may just end up relaxing at the tiki bar by the pool and kiddie pool, soaking in the hot tub, or pushing off the dock on your paddle board when you are not sitting on the beach just across the street from the house. The elevator and other amenities contribute to excellent gross rents of over $111,000 in 2017 and over 20 weeks booked already for 2018! Constructed in 2008 and lovingly maintained by the local homeowners, Paradise Cove is sure to please.

Last Agent to Sell the Property

Trafton Reynolds

NC 12 Realty License #265864 Listed on: 10/04/2017

Co-Listed By

Carla Reynolds

NC 12 Realty License #241562

Last Buyer's Agent

Carla Reynolds

NC 12 Realty License #241562

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,302

Year Built

  • Built in 2008

Lot Details

  • 0.79 Acre Lot
  • Home fronts a sound
  • Level Lot

Property Views

  • Ocean
  • Views of a Sound
  • Creek or Stream
  • Park or Greenbelt

Home Design

  • Coastal Architecture
  • Reverse Style Home
  • Frame Construction
  • Asphalt Shingled Roof
  • Shake Siding
  • Piling Construction
  • Cement Board or Planked

Interior Spaces

  • 3,669 Sq Ft Home
  • Elevator
  • Wet Bar
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Window Treatments
  • Home Theater
  • Game Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • En-Suite Primary Bedroom

Laundry

  • Dryer
  • Washer

Parking

  • Tuck Under Parking
  • Paved Parking

Pool

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

Outdoor Features

  • Sun Deck
  • Private Dock
  • Covered Deck
  • Exterior Lighting
  • Tiki or Chickee Hut

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Municipal Utilities District Water
  • Septic System

Listing and Financial Details

  • Tax Lot 2

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,302

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Style: Reverse Floor Plan, Coastal
  • Directions: Approximately 6th house on sound side as you enter Hatteras Village. Driveway just past the red house.
  • Extras: Ceiling Fan(s), Covered Decks, Elevator, Hot Tub, Outside Lighting, Outside Shower, Smoke Detector(s), Sun Deck, Tiki Bar, Boat Dock, Dry Entry
  • Flood Zone: AE
  • Headline: Water, water, everywhere!
  • Heated Sq Ft: 3669
  • L V T Date: 10/04/2017
  • Roads: Paved
  • Sale/Rent: For Sale
  • Waterfront Location: Soundfront
  • Zoning: Res
  • Deed Book Pg Number: 0123
  • Destination Commerce Corp: Yes
  • Lone Wolf Real Estate Technologies: Yes
  • Newpoint Media: Yes
  • Office License Number: C24757
  • 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: 6
  • Countertops: Granite
  • Floor Coverings: Carpet, Ceramic Tile, Vinyl
  • Foundation: Piling
  • Full Bathrooms: 5
  • Furnishings Available: Yes
  • Interior Amenities: All Window Treatments, Cathedral Ceiling(s), Dryer Connection, Ice Maker Connection, Ensuite, Pantry, Washer Connection, Wet Bar, Electric Fireplace
  • Optional Rooms: Game Room, Office, Sun/Florida Room, Home Theater
  • Partial Bathrooms: 1

Exterior Features

  • Construction: Frame
  • Exterior: Shakes, Cement Fiber Board
  • Pool: Yes
  • Pool: Private
  • Pool Type: Outdoor, In Ground, Private Pool
  • Roof: Asphalt/Fiber Shingle
  • View: Creek, Ocean, Park Serv/Preserve, Sound, Salt Marsh

Garage/Parking

  • Garage: Carport
  • Parking: Paved, Under

Utilities

  • Cooling: Central, Heat Pump
  • Heating: Central, Electric, Heat Pump
  • Septic Fee: 360
  • Sewer/Septic System: Non Conventional Septic
  • Water: Municipal

Condo/Co-op/Association

  • Home Owner Dwelling Insurance: 3981

Lot Info

  • Estimated Lot Sq Ft: 34500
  • Lot Description: Level, Water Frontage
  • Lot Number: Lot 2
  • Deed Book: 1920

Rental Info

  • Est Annual Rental Income: 114355
  • Estimated Rental Performance: 0.1271
  • Flood Expenses: 767
  • Lease Terms: Weekly
  • Other Expenses: 350
  • Poolspa Expense: 2562
  • Rental Co: Surf or Sound Realty
  • Rental Cottage Name: Paradise Cove
  • Rental Cottage Number: 747
  • Rental Phone Number: 252-995-5801
  • Rental Turnover Day: Saturday
  • Yearly Expense Actual Estimate: Actual
  • Annual Cable TV Expense: 1475
  • Annual Electric: 5816
  • Annual Telephone Expense: 1203
  • Annual Water Expense: 1116
  • Rental Contact Email: lisal@surforsound.com
  • Rental Contact Name: Lisa Latham
  • Rental Contact Phone: 252-995-5801

Building Info

  • Year Built: 2008

Tax Info

  • Year: 2017
  • Taxes: 4302

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2017
Closed on
Feb 21, 2018
Sold by
Haller Jody T and Haller Lelan E
Bought by
Haller Jody T and Haller Lelan E
Seller's Agent
Trafton Reynolds
NC 12 Realty
Buyer's Agent
Carla Reynolds
NC 12 Realty
List Price
$950,000
Sold Price
$900,000
Premium/Discount to List
-$50,000
-5.26%
Current Estimated Value
$1,738,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$838,604
Avg. Annual Appreciation
9.12%
Original Mortgage
$720,000
Interest Rate
4.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 28, 2013
Sold by
Haller Jody T and Haller Jody T
Bought by
Haller Jody T and Haller Lelan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2011
Sold by
Haller Lelan E and Haller Jody T
Bought by
Haller Jody T

Purchase Details

Closed on
Dec 3, 2010
Sold by
Branch Banking & Trust Company
Bought by
Fv 1 Inc

Purchase Details

Closed on
Dec 2, 2010
Sold by
Fv 1 Inc
Bought by
Haller Lelan E and Haller Jody T

Purchase Details

Closed on
Jun 15, 2010
Sold by
Thomas Jeffrey D and Hall Jeffrey D
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Mar 8, 2007
Sold by
Austin Natalie C
Bought by
Thomas Jeffrey D and Hall Jeffrey D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Haller Jody T $900,000 --
Haller Jody T -- None Available
Haller Jody T -- None Available
Fv 1 Inc -- None Available
Haller Lelan E $620,000 None Available
Branch Banking & Trust Company $509,150 None Available
Thomas Jeffrey D $220,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diehl John M $548,000
Closed Haller Jody T $720,000
Previous Owner Haller Jody T $417,000
Previous Owner Thomas Jeffrey D $851,000
Previous Owner Thomas Jeffrey D $745,000
Previous Owner Austin Natalie C $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2018 03/07/18 Sold $900,000 -5.3% $245 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
10/04/2017 10/04/17 For Sale $950,000 -- $259 / 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 $6,166 $928,800 $195,800 $733,000
2023 $6,166 $958,120 $195,800 $762,320
2022 $6,070 $958,120 $195,800 $762,320
2021 $5,974 $958,120 $195,800 $762,320
2020 $5,960 $958,120 $195,800 $762,320
2019 $4,302 $568,800 $128,900 $439,900
2018 $4,302 $568,800 $128,900 $439,900
2017 $4,302 $568,800 $128,900 $439,900
2016 $4,065 $568,800 $128,900 $439,900
2014 $4,065 $568,800 $128,900 $439,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Outer Banks Association of REALTORS®

MLS Number: 97997

Outer Banks Association of REALTORS®

APN: 017354004